How Taking a Walk Made Me My First Million

13 Jul 2020 · 8 min
Episode

13 Jul 2020 · 8 min

0:00

Dean Graziosi bought a 28-acre vineyard for $180,000 total by negotiating with artist Mark Miller, then sold parcels to neighbors for $250,000 and the center plot for over $800,000. He made his first million by thinking creatively about what the land was worth to different people.

Questions this episode answers

$180,000 (asking price mentioned)

$90,000 up front and $90,000 to be paid later (approximate timing: one to two years)

Over $250,000 in total from selling buffers/parcels to neighbors

Over $800,000 (center parcel sale mentioned)

Brought in over a million dollars on the piece of property

Chapters

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