Think Realty Podcast #311 – Mineral Rights 101 with Derreck Long

by , | Jun 4, 2024 | Alternative Investing, Investment Strategy, Podcast


Everyone wants to make a profit, but how can you get cash flow NOW with a tangible asset? Eddie sat down with Derreck Long from Eckard Enterprises for a review of what Derreck does at Eckard Enterprises and what exactly it means to own mineral rights. They talk about how mineral rights depreciate, what are the benefits of owning them, and if you could even buy them in your self-directed IRA. Plus, they talk about the downsides, liabilities, and why so many should consider owning mineral rights. For more information, visit

  • Eddie Wilson

    An entrepreneur and visionary by nature, Eddie’s widespread interests have led to successful ventures across the globe, from operating non-profits and owning an ad agency that worked with well-known household brands, to investing in hundreds of real estate projects and building a nationally syndicated radio show. Today, he guides AAPL and Think Realty with his marketing, funding, and real estate investing knowledge to ensure their establishment as the premier organizations in their sectors.

  • Derreck Long

    Derreck Long, Senior Wealth Manager at Eckard Enterprises, first served in the military from 2010 to 2014. After leaving the military, he went to college at Northern Arizona University and received a degree in global marketing. After graduating college Derreck worked with the FBI, but realized there is more to life, and started searching on how to become an investor. This is when Derreck started experimenting in notes, and has been a private lender ever since. Derreck has done a large range of notes from equity appreciation, 2nd lien notes, to the traditional 1st lien and Mineral Rights in the oil and gas space. As of today, Derreck works with Eckard Enterprises, and on a government relations committee where he researches tax code and new bill/law changes at the congress level.

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