Dana Wallace is the Founder and owner of 420Estates.net. She is not your typical real estate broker. Although she has over sixteen years of experience in the typical aspects of investment real estate sales, her unique niche is anything but traditional. Dana is also the owner of Giving Tree Real Estate Group, a firm that specializes in legally compliant cannabis properties. Recognizing this underserved market and the increasing acceptance of cannabis usage, she has positioned herself to be the cannabis community’s trusted broker.
[00:01] – [06:22] The Cannabis Real Estate Broker
- Let’s get to know Dana Wallace
- Dana talks about her career in Real Estate
- Licensed since 2002
- Worked mainly in The Bay Area
- Finding an opportunity in Cannabis Real Estate
- Dana’s business today
- Buying a cannabis property
[06:23] – [12:08] Getting into Cannabis Real Estate
- Dana talks about how to properly acquire cannabis property
- Different types of cannabis real estate
- Cannabis cultivation farms
- House
- Storage Warehouses
- Storefront properties
- Distribution Warehouses
- Delivery sites
[12:09] – [16:52] Passive Income via Cannabis
- Create passive income via cannabis
- Buy and lease out a warehouse to cannabis tenants
- Buy a farm and hire a grower
- Selling cannabis properties
- Dana talks about the current state of the cannabis real estate industry
- Understanding and growing the cannabis real estate business
[16:53] – [20:47] Closing Segment
- Dana’s advice to aspiring investors
- Gain all the knowledge that you can about the plant, the market, and the entire industry
- How Dana stays on top of his game
- Focus on making a list each day
- Staying as organized as possible
- Making the world a better place
- How to reach out to Dana – links below
- Final words from Dana and Me
Tweetable Quotes:
“You don’t go big right away. You start off small, you start off with baby steps. You grow it slow and consistently.” – Dana Wallace
“When you buy a real estate property, you’re buying the real estate and you’re buying a business entity and the licensing for cannabis that goes with it.” – Dana Wallace
“Gain all the knowledge you can about the plant, about what your focus is going to be. Whether you want to be a passive investor, or you want to be hands-on. Really gain knowledge on what the industry looks like.” – Dana Wallace
Resources Mentioned:
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Connect with Dana on Instagram and LinkedIn. Send her an email at dana@420estates.net. Visit her website at https://www.420estates.net/
Connect with me:
I love helping others place money outside of traditional investments that both diversify strategy and provide solid predictable returns.
Call: 901-500-6191
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Email me --> sam@brickeninvestmentgroup.com
