April 8th, 2006
'Dirt peddler'
Front Royal land broker has mastered the art of the deal
By James Heffernan
Daily Staff Writer
FRONT ROYAL - Before he made millions peddling country properties, B.K.
Haynes peddled peanuts on the streets of Washington and organized variety
shows for Korean War veterans at military bases and hospitals in and around
the city. A struggling entertainer, he forced himself to go to business
school, financing his education through the G.I. bill and by street vending
and mucking out horse stalls.
In 1963, determined to escape the nation's capital and get a piece of
the recreational land boom taking place west of the Blue Ridge, Haynes
shelled out 50 bucks on a riverfront property along the Shenandoah with
the dream of starting a boy's camp. A few months later, he traded the
lot for a shell cabin on five acres and opened a riding stable, and a
career of hustling land was born.
"They were fencing everything off," Haynes recalls. "I had to get somewhere
where I could ride."
For 40 years, Haynes, who grew up in poverty, has made a living - and
a lucrative one - by convincing cityslickers to invest in country real
estate. With creative ad-writing and inherent rustic charm - in the early
years, he liked to close a deal on horseback - he has sold, developed
and brokered an estimated 300 square miles of land over a four-state region
surrouding the Shenandoah National Park.
"He has a knack for identifying what people are looking for, and he's
developed a formula that has proved to be fairly accurate over the years,"
says son Brett Haynes, himself an agent with Coldwell Banker Commercial
Properties in Winchester. "He can really paint a picture. His ads say
it all."
After launching a successful real estate corporation and becoming a millionaire
by 1969, Haynes went into semi-retirement for the next decade, spending
most of his time writing, traveling, helping to raise his son and enjoying
life, only returning to work when he felt he needed the cash.
"As a parent, he was always very much involved," Brett Haynes remembers.
"He went on field trips, and he was always bringing kids out to the farm.
He was as big a kid as the rest of us. … It's something I'm trying to
emulate as a dad myself."
In the 1980s, B.K. Haynes started his own publishing company to support
his writing habit, taught a college course on land development, rebuilt
his development company, downsized it again after the recession of 1990,
and returned to a life of relative leisure.
These days, when he isn't brokering land deals or advising potential investors,
he can be found reading, writing, playing the piano, riding horses or
flying his Piper Super Cub airplane, which has its own private airstrip
on his 250-acre Warren County cattle farm.
"I just finished [reading] the book "The Mature Mind," which encourages
people in their retirement years to do what they want to do," says Haynes,
who at 72, looks like he just stepped out of an epic American novel, his
Western hat and bush jacket hugging a lean frame.
Now in the twilight of his real estate career, Haynes is revisiting his
first love: music. He is a partner in the live musical show playing in
Branson, Mo., entitled "No. 1 Hits of the 60s." A singer-songwriter, he
is currently recording a CD entitled "Heartbreak County," which will be
released under the name Brad Haynes.
He is the author of six books, mostly how-to guides on investing in country
properties and a novel, "The idealEstate Man," about a developer who blows
up a Nevada casino just before Elvis is set to perform there and joins
"a misguided band of idealists from the West Coast who wage a campaign
of violence against the establishment." Three of his books - "Golden Treasury
of the 100 Greatest Country Real Estate Ads," "Dirt Peddler: How I Turned
$50 into $10 million in Country Property" and "The Habitual Millionaire"
- are due to be published this year.
Haynes is the first to admit that the world doesn't need another short-cut
book about making money. However, "experience teaches us much too slowly,"
he is fond of saying, and "knowledge … should be imparted, not hoarded."
That belief has landed him in some uncomfortable situations, most recently
as an unknowing participant in the "Ultimate Hippie Vacation" last year
with a 24-year-old deadbeat that he won in an auction on eBay. Ever the
salesman, Haynes, who at the time claimed he was bidding on the bus, ventured
to show the young man "how to take the money he received from the eBay
auction and turn it into a new future," but the odd couple's bus trip
lasted only a week.
Haynes says his books have helped millions of readers realize financial
independence. Smart investing in land, he says, can make just about anyone
rich.
"It makes me happy when people make money."
Haynes' books blend his personal testimony with a historian's perspective
and lessons in psychology and philosophy.
Asked about the current bubble in the real estate market, Haynes defers
to a code he has developed: "DEEP PLACE." The individual letters are a
foreshadowing of things to come - the "D," for example, stands for deep
trouble for the country at the end of the decade, when access to credit
and ready cash will be tight; the "E" signals that the economy will be
in turmoil; the second "E" refers to the upcoming presidential election
year (2008), when history shows an economic decline and calamity, such
as war or a natural disaster; the "P" stands for a precursor to this twin
disaster such as a stock market crash or terrorist scare.
Haynes says he is not predicting another Great Depression, only "a serious
economic setback" that will send shock waves through the market.
"If the past is any guide, prices will go up and then level off," Haynes
says. "Expect it to be highly liquid at the end of the decade. Untested
and ill-advised investors could lose their shirts." Smart investors, meanwhile,
will be prepared to pluck enormous benefits from a down market, he says.
For his many contributions, Haynes was named in March the Virginia Businessman
of the Year by the National Republican Congressional Committee, the House
GOP's fundraising arm. The award recognizes "the top U.S. business leaders
who have successfully integrated business and financial success with the
support of Republican issues like tax cuts and debt reduction," according
to a spokesman.
"I probably was a liberal at one time … but I guess I've given them a
lot of donations over the years," Haynes says of the award. "Maybe they
saw me at some book signings and so forth. And I've done some deals with
politicians looking for land out here. … It's probably a combination of
things."
Haynes is the new owner of the 200-acre Buffalo Gap Community Camp in
Capon Bridge, W.Va.
"I guess things have come full circle. I came here wanting to start a
camp and now I own one."
R Contact James Heffernan at jheffernan@nvdaily.com
Copyright 2006. Shenandoah Publishing House Inc.
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