Welcome to Turning Profit — a podcast for people who love real estate! To learn more, visit: https://turningprofit.com/
Hi there! We're Pete and Heather Reese, and on this podcast, we help everyday people learn how to leverage their hard-earned money to create passive income opportunities with real estate.
We'll leave no stones unturned as we share details about our own deals and experiences of using some of the best practices in the business.
Be sure to give us a follow, so you never miss an episode!
In this week’s episode of the Turning Profit podcast, Maddie and I discuss our transition from solar farm development to battery storage development due to recent legislative changes.
We explain the potential and lucrative opportunities in utility-scale battery storage, driven by significant government incentives and the growing need for renewable energy solutions.
We also share the business plan and operational focus of our company, Sunland America, and our strategy for acquiring suitable land for these projects.
If you want in on this once-in-a-generation investment opportunity, you don’t want to miss this.
Key Takeaways:
Introduction to Battery Storage Growth (00:00)
Pivoting to Battery Storage Development (00:57)
Challenges with Solar Farm Development (02:22)
Exploring Battery Storage Opportunities (07:48)
Government Incentives and Tax Credits (10:22)
Understanding Battery Storage Technology (13:54)
Future of Battery Storage and Electric Cars (16:33)
Fragmented Market and Battery Storage Demand (19:26)
Early Stage Development and Land Control (20:00)
Acquisition and Property Selection (21:46)
Community Pushback and Property Footprint (23:09)
Building a Pipeline and Company Valuation (25:30)
Investment Opportunities and Financial Projections (32:12)
Conclusion and Contact Information (34:57)
Additional Resources:
✨ Get all of our recommended tools and services at https://resources.landconquest.com
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Connect with Pete on LinkedIn here: https://www.linkedin.com/in/partnerwithpete/
—
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this episode of the Turning Profit Podcast, we dive into the critical steps involved in the due diligence process of land investing.
We discuss everything from on-site inspections, broker opinions, title reports, to comprehensive due diligence reports.
We also cover related topics like auctions and handling difficult property circumstances.
If you’re looking for a wealth of information in real estate or land investing, this episode is for you.
Key Takeaways:
Introduction to Real Estate Due Diligence (00:00)
Today's Topic: Researching a Property (00:46)
The Importance of Due Diligence (01:50)
Remembering Jimmy Buffett (02:48)
Communication in Real Estate Deals (06:03)
Onsite Inspections and Broker Opinions (12:58)
Revealing True Colors (33:59)
Agent Responsiveness (34:17)
Market Shifts and Comfort Zones (34:32)
Title Report Essentials (35:23)
Understanding Easements (37:58)
Due Diligence Report (41:40)
Navigating Closing Costs (48:06)
Handling Title Issues (50:52)
Exploring Real Estate Auctions (53:23)
Selling Challenging Properties (57:45)
Recap and Resources (01:00:17)
Additional Resources:
✨ Get all of our recommended tools and services at https://resources.landconquest.com
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Connect with Pete on LinkedIn here: https://www.linkedin.com/in/partnerwithpete/
—
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this episode of the Turning Profit Podcast, we discuss various aspects of evaluating land for purchase.
We provide insights into essential criteria such as access, wetlands, FEMA flood zones, topography, landscape, and neighboring properties.
We also address the importance of creating a checklist for land evaluation to remove emotion from the decision-making process.
Additionally, we answer community questions about mailing strategies and buying on-market properties, and discuss current trends in commercial real estate.
Key Takeaways:
Introduction (00:00)
Welcome to the Turning Profit Podcast (00:18)
Seasonal Changes and Real Estate Impact (01:44)
Evaluating Land to Buy (03:09)
Real Estate News and Market Trends (03:45)
Commercial Real Estate Insights (04:53)
How to Evaluate Land: Detailed Checklist (13:33)
Evaluating Property Value: Junky vs. Prime Locations (28:45)
Impact of Neighboring Properties on Value (29:58)
Challenges with Properties Near Freeways and Schools (32:34)
The Importance of Systematic Property Evaluation (35:15)
Mailing Strategies for Property Deals (37:55)
On-Market vs. Off-Market Property Deals (42:45)
Standard vs. First Class Mail for Campaigns (46:43)
Conclusion (52:08)
Additional Resources:
✨ Get all of our recommended tools and services at https://resources.landconquest.com
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Connect with Pete on LinkedIn here: https://www.linkedin.com/in/partnerwithpete/
—
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this episode of the Turning Profit Podcast, we welcome special guests Maddie and Ashley, our daughters, to discuss their journey in land investing.
We cover their initial investments, the step-by-step process they followed, and the learning experiences they encountered.
Maddie and Ashley share the insights they learned about evaluating properties, negotiating deals, and building their business from scratch.
We break down their first six property deals, highlighting both the successes and challenges they faced along the way.
If you want real-world lessons on land flipping, risk management, and the importance of continuous learning in real estate investing, then this episode is for you.
Key Takeaways:
Introduction (00:00)
Meet the Special Guests (00:45)
Diving into Real Estate Business (02:39)
First Property Purchase and Sale (03:34)
Second Property Success (15:36)
Third Property Triumph (19:11)
Challenges with the Fourth Property (29:09)
Property Number Five: A Quick Turnaround (33:31)
The Last Deal: The Biggest Investment Yet (36:50)
Planning Ahead: Goals and Strategies (39:58)
Marketing and Risk Management (42:21)
Reflecting on Past Ventures (48:46)
Final Thoughts and Future Plans (50:48)
Additional Resources:
✨ Get all of our recommended tools and services at https://resources.landconquest.com
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Connect with Pete on LinkedIn here: https://www.linkedin.com/in/partnerwithpete/
—
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this episode of the Turning Profit podcast, we discuss everything you need to know about our land investing business.
Many of you have asked us questions about it, so we’ll be covering all the basics and giving you the answers you’ve been asking for.
What is it? How does it work? And how can you start doing it?
We answer all these questions (and more!) in this episode, so tune in now to learn how to get started.
Key Takeaways:
Introduction (00:00)
Let’s go back to the beginning (01:01)
A quick overview (07:52)
How we purchase our properties with funding partners (19:32)
“It’s not about top dollar, it’s about moving quickly” (25:36)
Is land investing right for you? (32:07)
Additional Resources:
✨ Get all of our recommended tools and services at https://resources.landconquest.com
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Connect with Pete on LinkedIn here: https://www.linkedin.com/in/partnerwithpete/
—
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this rerun episode of the Turning Profit podcast, Heather and I share the scripts we use to ask sellers questions before buying land.
Separating the bad deals from the good deals and the good deals from the truly great ones takes a lot of work and a lot of questions.
Lucky for you, we’re here to share our knowledge!
We cover everything from something as simple as "What can you tell me about the land?" to more important questions like "Is there any money owed on this property?"
Tune in now to discover all of the questions we ask land sellers before deciding whether or not a deal is worth pursuing.
Key Takeaways:
Introduction (00:00)
What’s in the news, Heather? (01:43)
Today’s subject (23:02)
The questions you need to ask sellers (24:06)
Answering some questions from our community (48:28)
Additional Resources:
✨ Get all of our recommended tools and services athttps://resources.landconquest.com
✨ Follow Pete on Instagram here:https://www.instagram.com/partnerwithpete
✨ Connect with Pete on LinkedIn here:https://www.linkedin.com/in/partnerwithpete/
—
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this week’s episode of the Turning Profit podcast, Heather and I discuss hidden opportunities within the land investing space.
We cover unique investment niches such as easement properties, landlocked properties, and flood zone properties, emphasizing creative problem-solving and strategic marketing.
If you want to learn more about maximizing value in the land investment market, this episode is for you.
Key Takeaways:
Introduction (00:00)
Hidden Opportunities in Land Investing (00:35)
Easement Properties: Unlocking Potential (02:09)
Navigating Landlocked Properties (08:00)
Investing in Flood Zone Areas (12:20)
Understanding Flood Zone Risks (15:02)
Navigating Title Issues in Land Ownership (15:25)
Creative Problem Solving in Real Estate (19:49)
Leveraging AI for Real Estate Solutions (22:15)
Building a Brand Around Unique Properties (24:44)
Opportunities in Commercial and Industrial Land (27:32)
Introducing Sunland America (29:10)
Private Lending Opportunities (30:13)
Conclusion (31:00)
Additional Resources:
✨ Get all of our recommended tools and services at https://resources.landconquest.com
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Connect with Pete on LinkedIn here: https://www.linkedin.com/in/partnerwithpete/
—
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this week's episode of the Turning Profit podcast, Maddie and I discuss the implications of tariffs on the land investing market.
We explore how tariffs and the potential retaliatory measures can influence construction costs, agricultural land values, and overall consumer confidence.
Our conversation covers various aspects such as higher construction costs, inflationary pressures, and the potential for increased value in industrial land.
We wrap up by emphasizing the importance of staying informed and employing due diligence in these uncertain times.
If you want to learn more about how tariffs can affect land investing, this episode is for you.
Key Takeaways:
Introduction (00:00)
Current Events: The Impact of Tariffs (00:19)
Understanding Tariffs: A Basic Explanation (01:25)
Effects on Land Investing: Higher Construction Costs (04:02)
Agricultural Land: Retaliatory Tariffs and Reduced Demand (06:26)
Inflationary Pressures: Higher Interest Rates and Borrowing Costs (08:31)
Industrial Land: The Shift Towards Domestic Manufacturing (10:25)
Erosion of Consumer Confidence (13:51)
Downstream Effects of Real Estate Crashes (14:34)
Regional Economic Impacts (16:34)
Opportunities in a Changing Market (17:54)
The Importance of Due Diligence (23:28)
Conclusion and Investment Opportunities (26:40)
Additional Resources:
✨ Get all of our recommended tools and services at https://resources.landconquest.com
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Connect with Pete on LinkedIn here: https://www.linkedin.com/in/partnerwithpete/
—
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this week’s episode of the Turning Profit podcast, Maddie and I discuss our new business venture, Sunland America, an early-stage solar farm development company.
We explore the steps we're taking to build the company, focusing on community-scale solar farms, and discuss the key aspects and challenges of the solar development industry.
We also highlight our unique approach, including leveraging our expertise in land acquisition and the importance of a robust project pipeline.
If you want to learn more about starting and scaling a solar farm development company, this episode is for you.
Key Takeaways:
Introduction (00:00)
Introducing Sunland America (00:39)
Understanding Community Scale Solar Farms (01:09)
The Process of Securing Land for Solar Projects (03:45)
Stages of Solar Farm Development (06:16)
Federal Incentives and Tax Credits (08:20)
Business Strategy and Investor Opportunities (13:51)
Building a Modern, Decentralized Company (19:12)
The Benefits and Challenges of Remote Work (20:54)
Leveraging Technology and AI in Recruitment (21:20)
Establishing the Company and Initial Steps (22:16)
Investor Meetings and Fundraising Efforts (23:39)
The Importance of a Strong Project Pipeline (25:11)
Recruiting Top Talent for Success (28:37)
Final Thoughts and Future Prospects (31:51)
How to Get Involved and Closing Remarks (36:07)
Additional Resources:
✨ Get all of our recommended tools and services at https://resources.landconquest.com
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Connect with Pete on LinkedIn here: https://www.linkedin.com/in/partnerwithpete/
—
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this week’s episode of the Turning Profit podcast, Heather and I discuss our 25-year journey in real estate investment, sharing some of our stories of success, crazy mishaps, and valuable lessons learned along the way.
We delve into specific experiences such as navigating the Great Recession, dealing with hostile neighbors, and managing a motel venture gone awry.
We also reflect on challenging moments like dealing with abandoned goats, hurricane damage, and bank foreclosures, emphasizing the importance of treating real estate as a business.
If you want to learn more about the ups and downs of real estate investment, this episode is for you.
Key Takeaways:
Introduction (00:00)
25 Years of Real Estate Experience (00:30)
Navigating Real Estate Market Changes (00:52)
Adventures in Property Flipping (01:49)
Challenges with Neighbors and Regulations (02:53)
Lessons from a Bad Investment (12:48)
The Wisconsin Motel Project (19:53)
Discovering the Perfect Place (23:57)
Challenges of Doing Business in California (24:14)
Seasonal Shutdowns and Contractor Issues (24:32)
Unexpected Costs and Financing Decisions (25:04)
Deciding to Sell the Property (26:25)
Marketing and Selling the Property (27:17)
Reflecting on the Losses and Lessons Learned (28:17)
The Dark Days of REO Experience (29:38)
Crazy Situations in Real Estate (30:56)
Tornado Aftermath and Unexpected Challenges (44:39)
Opportunities in Solar and Final Thoughts (47:06)
Additional Resources:
✨ Get all of our recommended tools and services at https://resources.landconquest.com
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Connect with Pete on LinkedIn here: https://www.linkedin.com/in/partnerwithpete/
—
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this week’s episode of the Turning Profit podcast, Heather and I explore various creative business concepts that can transform vacant pieces of land into profitable ventures.
We discuss five unconventional business ideas, while also delving into practical steps such as zoning, site preparation, marketing strategies, and the importance of understanding business numbers to ensure profitability.
Additionally, we share how we’re applying these principles to our new business venture.
If you want to create profitable uses for your vacant land, you don’t want to miss this.
Key Takeaways:
Introduction (00:00)
Five Business Ideas for Vacant Land (00:35)
Vintage Market: A Unique Business Idea (01:55)
Pumpkin Patch and Christmas Tree Farm (11:18)
Active Outdoor Business Ideas (20:14)
Understanding Your Market and Revenue Potential (23:01)
Infrastructure and Hidden Costs (24:00)
Launching Sunland America: A New Venture (24:58)
Renting Parking Spots for Revenue (27:30)
Creating a Premium Dog Park (32:54)
Honorable Mentions and Creative Ideas (37:27)
Final Thoughts and Investment Opportunities (44:28)
Additional Resources:
✨ Get all of our recommended tools and services at https://resources.landconquest.com
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Connect with Pete on LinkedIn here: https://www.linkedin.com/in/partnerwithpete/
—
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this week’s episode of the Turning Profit podcast, Heather and I discuss strategies for achieving exponential growth, particularly through the key concepts from Dan Sullivan's book “10x is Better than 2x.”
We explore various points from the book and how adopting a 10x mindset can lead to radical business innovation.
We also cover the surprising benefits of gene-edited bananas, the merits of bootstrapping versus taking on investors, the impacts of daylight saving time, and a detailed debate about the pros and cons of rentals versus land investing.
If you want to learn more about achieving massive growth while managing the intricacies of different investment strategies, this episode is for you.
Key Takeaways:
Introduction (00:00)
Today's Agenda: Key Topics Overview (00:22)
10x is Better Than 2x: A Deep Dive (00:31)
The 10x Mindset: Key Takeaways (01:43)
No More Brown Bananas: A Technological Breakthrough (15:16)
Bootstrapping vs. Taking on Investors (18:10)
Investor Opportunities and Excitement (22:56)
Daylight Savings Time Debate (25:29)
Rentals vs. Land Investing: The Great Debate (30:40)
Final Thoughts and Contact Information (44:41)
Additional Resources:
✨ Get all of our recommended tools and services at https://resources.landconquest.com
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Connect with Pete on LinkedIn here: https://www.linkedin.com/in/partnerwithpete/
—
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this week’s episode, Heather and I dive deep into Felix Dennis’ book “How to Get Rich.”
We discuss eight key concepts detailed in the book, which include analyzing the need for wealth, focusing on great execution, eliminating negative influences, and maintaining ownership.
We also share some updates on our solar development venture and current strategies for enhancing our land investment business.
If you're interested in wealth-building principles and business growth strategies, you don’t want to miss this.
Additional Resources:
✨ Get all of our recommended tools and services at https://resources.landconquest.com
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Connect with Pete on LinkedIn here: https://www.linkedin.com/in/partnerwithpete/
—
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this week’s episode of the Turning Profit podcast, Heather and I discuss resistance to technology, drawing parallels between historical Luddites and modern attitudes toward AI.
We delve into the origins of the Luddite movement, its implications for today's technology resistance, and the opportunities presented by embracing advancements like AI.
We also talk about personal habits for success and business strategies for growth that we’re using ourselves to advance our ongoing and new projects.
If you want to learn more about balancing technology adaptation with modern business practices and personal growth habits, this episode is for you.
Key Takeaways:
Introduction (00:00)
The Concept of Luddites and Technology Resistance (00:31)
Adapting to New Technologies (02:44)
Personal Anecdotes on Technology Adoption (03:59)
The Impact of AI on Various Industries (05:36)
The Revolutionary Potential of GLP-1 Drugs (08:58)
The Importance of Embracing Medical Advances (14:18)
Playing a Bigger Game in Business (18:23)
Introduction to Sunland America (00:19)
Strategic Sizing and State Incentives (28:22)
Challenges in Project Approval (30:09)
Innovative Land Use and Agrivoltaics (31:08)
Investor Opportunities and Exit Strategy (32:01)
A Day in My Life: Morning Routine (33:38)
Daily Work and Family Time (39:57)
Evening Routine and Personal Time (42:20)
Favorite Podcasts and Final Thoughts (47:17)
Additional Resources:
✨ Get all of our recommended tools and services at https://resources.landconquest.com
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Connect with Pete on LinkedIn here: https://www.linkedin.com/in/partnerwithpete/
—
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this week’s episode of the Turning Profit podcast, Heather and I discuss various strategies and stories that can impact your journey toward success.
Starting with a story about a significant land deal involving Amazon, we use it as an example of the possible opportunities to explore in the land development space.
We also touch on how practical applications of fitness principles and AI insights can enhance your productivity as an investor and business operator right now.
If you want to learn more about optimizing your approach in business and investing, this episode is for you.
Key Takeaways:
Introduction (00:00)
The Big Land Flip Story (01:25)
Fitness and Investing: A Surprising Connection (11:25)
Understanding Agency: Taking Action Towards Goals (20:55)
Embracing Imperfection and Adaptability (23:33)
The Role of Intelligence and Agency in Success (24:03)
Lessons from 'Who Moved My Cheese?' (24:47)
Navigating Low and High Energy Days (26:01)
Exciting Announcement: New Solar Development Company (26:49)
Leveraging ChatGPT for Business and Personal Growth (31:34)
Doubling Down on What Works (45:03)
Wrapping Up and Final Thoughts (48:26)
—
Additional Resources:
✨ Get all of our recommended tools and services at https://resources.landconquest.com
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
—
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this week’s episode of the Turning Profit Podcast, we delve into the complexities of infill lots, why we’ve decided to stop buying them, and why you should too.
Over the past year, infill lots have proven to be more complicated and riskier compared to rural properties, leading to losses and extended holding periods.
We explore the various issues encountered with infill lots, such as wetlands, shared driveways, and endangered species, and discuss alternative investment strategies.
If you want to learn how to redirect your efforts for greater gains in land investing, you don’t want to miss this.
Key Takeaways:
Introduction to Infill Lots (00:00)
Welcome to the Turning Profit Podcast (00:19)
Why We Stopped Buying Infill Lots (00:26)
Our Experience with Infill Lots (00:57)
Defining Infill Lots (02:07)
Challenges with Infill Lots (03:05)
Acquiring Infill Lots (04:10)
Difficulties and Losses (06:51)
Business Performance and Losses (14:11)
Future Plans and Announcements (16:31)
Summary and Final Thoughts (20:06)
—
✨ Get all of our recommended tools and services at https://resources.landconquest.com
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Follow Heather on Instagram here: https://www.instagram.com/itsalovelylife
—
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this episode of the Turning Profit Podcast, we dive into advanced real estate investment and tax strategies with Mathew Owens, CPA and seasoned real estate investor.
Mathew shares his journey from leaving his CPA firm to flipping over 1,000 houses, the lessons learned from the 2008 financial crash, and the importance of setting up the right legal and tax structures.
He also discusses his diversified investment approach, which includes multi-family properties, mobile home parks, and lending.
The conversation highlights various ways to mitigate taxes, raise capital, and efficiently manage multiple entities across different states.
If you're interested in sophisticated real estate investment tactics and tax planning, this episode is a must-listen.
Key Takeaways:
Introduction (00:00)
Introduction to Mathew Owens (00:22)
Mathew's Journey from CPA to Real Estate (01:30)
Overcoming Challenges in Real Estate (02:24)
Current Real Estate Ventures (03:25)
Tax Planning and CPA Firm (04:27)
Entity Structures and Liability Protection (07:30)
Investment Strategies and Diversification (11:27)
Raising Capital and Fund Structures (17:50)
Debt Financing and Personal Guarantees (21:39)
Investor Protection and Bank Loans (23:07)
Interest Rate Arbitrage Explained (23:32)
Strategies for Raising Capital (27:25)
Building Trust with Investors (29:42)
Favorite Real Estate Niches (37:28)
Economic Outlook and Investment Tips (39:03)
Conclusion and Contact Information (42:36)
--
✨ Get all of our recommended tools and services at https://resources.landconquest.com
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Follow Heather on Instagram here: https://www.instagram.com/itsalovelylife
--
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this week’s episode of the Turning Profit podcast, Maddie and I discuss the importance of setting actionable steps to achieve your real estate investing goals for 2025 through reverse engineering.
We delve into how to define your vision, set specific goals, and break them down into manageable milestones.
We also cover the importance of tracking progress, maintaining accountability, and adjusting strategies when needed.
If you want to learn more about achieving your 2025 real estate goals, this episode is for you.
Key Takeaways:
Introduction to Reverse Engineering Goals (00:00)
Welcome to the Turning Profit Podcast (00:21)
Defining Your 2025 Vision (00:50)
Focusing on Impactful Goals (03:19)
Reverse Engineering Examples (08:33)
Tracking and Accountability (15:13)
Final Takeaways and Conclusion (22:46)
Additional Resources:
✨ Get all of our recommended tools and services at https://resources.landconquest.com
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Follow Heather on Instagram here: https://www.instagram.com/itsalovelylife
—
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this week’s episode of the Turning Profit podcast, Maddie and I discuss strategies for doubling your real estate investing business by 2025.
We cover the importance of focus, lead generation techniques, and the benefits of automation and AI in streamlining processes.
Our conversation includes practical tips for improving key business metrics such as revenue, gross profit, and number of deals.
If you want to learn more about scaling your real estate business in 2025, this episode is for you.
Key Takeaways:
Introduction (00:00)
The Importance of Focus in Business (00:45)
Key Areas to Focus On (01:34)
Lead Generation Strategies (04:46)
Getting Better at Contracts (09:38)
Speed to Lead: Why Timing Matters (13:36)
Understanding Seller Motivation (16:36)
Follow-Up Techniques (18:29)
Leveraging AI and Automation (21:12)
Final Thoughts and Opportunities (26:33)
Additional Resources:
✨ Get all of our recommended tools and services at https://resources.landconquest.com
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Follow Heather on Instagram here: https://www.instagram.com/itsalovelylife
--
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this rerun episode, Heather and I bring you one of our most popular episodes – the ultimate guide to land splitting—a topic that continues to generate a ton of interest from the Land Conquest Community.
This is a strategy that anyone—even beginners—can use to unlock huge value from land.
We break down the process of taking large parcels, splitting them into smaller, more manageable lots, and selling those for a nice profit.
Don’t worry; it’s not as complicated as it sounds. We’ll talk about how to find the right areas, work with surveyors, and avoid common pitfalls like forcing a bad deal.
We discuss everything from zoning laws to surveyor shortages. We also share some tips on maximizing value with small improvements that buyers love.
If you missed this one the first time, you’ll definitely want to tune in now because this strategy never goes out of style.
Click play now, and let’s talk about land splitting!
Key Takeaways
Intro (00:00)
Land splitting strategies for profit (01:33)
6-step process for finding and analyzing land for lot splits (14:00)
Targeting property owners for land deals (21:23)
Real estate investing strategies and best practices (26:17)
Due diligence processes before buying land for splitting (28:09)
Tips to consider before dividing land into smaller parcels for resale (35:03)
Deal funding for those bigger pieces of land (39:14)
Time to answer some questions (41:39)
Additional Resources:
✨ Get all of our recommended tools and services at https://resources.landconquest.com
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Follow Heather on Instagram here: https://www.instagram.com/itsalovelylife
--
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
Wondering where the real estate market is headed in 2025? We’ve got you covered with the trends that we think will shape the land investing space.
I’m joined by my oldest daughter, Maddie. She’s an integral part of our land investing business and knows her stuff. Together, we’re predicting the real estate market in 2025.
We talk about the increasing demand for affordable housing, the rising appeal of rural markets (a sweet spot for land investors), and the massive potential of renewable energy developments like solar farms and EV charging stations.
We also dig into the creative ways underutilized spaces like malls and office buildings are being transformed and why land continues to be the ultimate investment.
If you’re looking to stay ahead in the ever-changing world of real estate and land investing, this episode is packed with the tips and strategies you need to know. Tune in now to get ready for a profitable 2025.
Key Takeaways
Introduction (00:00)
Demand for affordable housing rises (02:08)
Growth in build-to-rent communities (03:26)
Surging interest in rural markets (05:22)
Farmland as a long-term investment (08:02)
Renewable energy opportunities expand (09:27)
Repurposing commercial spaces gains traction (13:04)
Data centers drive industrial growth (15:22)
Industrial real estate boom continues (17:18)
Land retains core value (18:48)
Additional Resources:
✨ Get all of our recommended tools and services at https://resources.landconquest.com
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Follow Heather on Instagram here: https://www.instagram.com/itsalovelylife
--
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Pricing land can make or break your deal. Land investors who have been in the industry for a while understand this clearly. Money is made when buying, not when selling.
How do we get it right most of the time?
My guest today taught me a lot about what I know about pricing land, and he’s here to share his knowledge.
Andrew Walters is the land broker extraordinaire who’s helped me sell over 100 properties. He taught me a lot about what I know about pricing land, and he’s here to share his knowledge on what makes or breaks a deal.
We talked about everything from the mistakes people make when buying or selling land to the insider tips Andrew uses to pinpoint the perfect piece of land.
Andrew and I also discuss why farmland is consistently in demand, how local knowledge impacts land value, and the key traits investors should look for in a broker.
🎧 Tune in and get to learn from the best!
Key Takeaways
Intro (00:00)
Andrew’s background and journey into land brokerage (04:55)
Farmland trends and factors driving strong market demand (12:46)
Importance of detailed marketing and property descriptions (16:27)
Land market outlook 2025 (23:02)
Key due diligence steps for land investors (36:10)
Andrew’s goals for expanding Mossy Oak Properties (43:07)
Additional Resources:
✨ Mossy Oak Properties: https://www.mossyoakproperties.com
✨ Join 4,500+ people in our free land-flipping community: https://www.skool.com/landconquest
✨ Get all of our recommended tools and services at https://resources.landconquest.com
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Follow Heather on Instagram here: https://www.instagram.com/itsalovelylife
--
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
Real estate investing is tough. It demands long hours, meticulous research, and a constant hustle. Investors need every edge they can get. But what if you could automate many of those time-consuming tasks?
In this episode, Heather and I dive into one of my favorite topics: using AI as a real estate investor.
AI could handle your tedious tasks, analyze your data, and even find your next deal. It’s not the future; it’s happening now. But you have to know how to use it right and the best tools to use.
We break down the AI tools we’re already using to make our business more efficient, from voice assistants that handle lead qualification and appointment scheduling to chatbots that boost our “speed to lead.” These tools don’t just save time—they operate like extra team members for pennies on the dollar.
We also share how AI helps us create content, analyze market trends, and even follow up on old leads with personalized, automated outreach. We give real examples, like how AI assists in researching new markets and crafting specialized prompts to evaluate land for perk tests.
This episode will show you how to use AI to streamline your business, make better decisions, and achieve more with less effort.
Tune in to learn more!
Key Takeaways
Intro (00:00)
Introduction to AI in real estate investing (01:20)
How AI voice assistants can replace answering services (04:24)
Creating content for your website using AI tools (11:18)
AI’s role in improving "speed to lead." (15:01)
Leveraging AI for in-depth data analysis (21:32)
Using ChatGPT to learn new skills via conversational learning (28:27)
Developing niche AI prompts, like soil suitability for perk tests (38:05)
Writing contracts, job posts, and emails with AI assistance (41:43)
Exploring cutting-edge AI tools like Replicate and Hugging Face (44:31)
Additional Resources:
✨ Links to the tools mentioned in the episode:
Vapi: A developer platform for deploying AI-powered voice agents -https://vapi.ai/
ElevenLabs: An AI voice generation platform offering realistic text-to-speech capabilities -https://elevenlabs.io/
ChatGPT: An AI large language model accessible athttps://chatgpt.com/
Perplexity: An AI-powered search and research tool available at - https://www.perplexity.ai/
Hugging Face: A hub for AI models and datasets, accessible at -https://huggingface.co/
Social Media Automation - https://www.make.com/
Image Generator -https://flux-ai.io/
Create Video using Code -https://creatomate.com/
—-
✨ Join 4,500+ people in our free land-flipping community: https://www.skool.com/landconquest
✨ Get all of our recommended tools and services at https://resources.landconquest.com
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Follow Heather on Instagram here: https://www.instagram.com/itsalovelylife
--
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
If you've ever wondered what it takes to make money flipping land, you're in for a treat. In this rerun episode, Heather and I are revisiting one of our most popular episodes, where we break down our proven land flipping strategies.
For those of you new to the show, we’ve spent years perfecting our real estate strategies, focusing primarily on land flipping. From buying and selling land to sharing our income reports, we’ve been open with our journey—and now we’re sharing it all with you again in this replay so that you can skip the learning curve in 2025 and get straight into the profits.
We walk through exactly how we’ve been flipping land successfully, even as the market evolves. We discuss the changes we’ve seen, the tweaks we’ve had to make, and what’s working right now.
And while there are plenty of ways to make money in real estate, the land-flipping model we’ve developed is something we’ve refined to perfection.
We talk about our system, which helps investors skip the typical learning curve, save time, and avoid mistakes. You’ll pick up some valuable tips on how to approach land flipping in today’s market.
Hit play and listen to this episode again. You’ll walk away with a clearer understanding of how to flip land in 2025, plus actionable steps to get started.
Key Takeaways
Intro (00:00)
The Land flipping business model (04:31)
The potential of high returns in land flipping (08:06)
Benefits of investing in land over single-family homes (13:37)
Researching properties and the land valuation process (20:16)
Land flipping business strategies and lead generation (29:23)
Lead conversion strategies in land flipping (34:01)
Title insurance and closing process for land transactions (37:18)
All about the Partner with Pete Program (39:59)
Q&A segment (46:10)
Additional Resources:
✨ Join 4,500+ people in our free land-flipping community: https://www.skool.com/landconquest
✨ Get all of our recommended tools and services at https://resources.landconquest.com
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Follow Heather on Instagram here: https://www.instagram.com/itsalovelylife
--
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
As land investors, we normally want to buy land and flip it as quickly as possible for profit. We don’t want to have land staying long in our inventory.
But there’s the other side of land investing that involves holding land for a longer period of time. It could be the missing piece in your investment strategy.
Land speculation has the potential to knock it out of the park. If you play your cards right, you can turn an overlooked piece of property into a major win.
In this episode, Heather and I break down eight powerful land speculation techniques. We share practical tips for identifying undervalued land, including industrial zones, desert highways, and farmland, that could skyrocket in value as future trends unfold.
We explain how shifting market dynamics, renewable energy, and urban expansion create opportunities for long-term investors. Heather and I bring relatable, real-world applications for these strategies, making them accessible even for newcomers.
If you want to add speculative land to your portfolio, this episode is for you. Land speculation could be your next smart investment move. Tune in!
Key Takeaways
Introduction (0:00)
Defining land speculation and its passive nature (01:19)
Industrial land as a speculation opportunity (05:54)
Land bordering growing cities (10:13)
Desert land along major roadways (13:17)
Farmland as a long-term investment (18:12)
Path of progress and commercial properties (19:50)
Rezoning opportunities and worthless land (26:07)
Strategies for long-term land investment (28:26)
Q&A segment (30:30)
Additional Resources:
✨ Get all of our recommended tools and services at https://resources.landconquest.com
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Follow Heather on Instagram here: https://www.instagram.com/itsalovelylife
--
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
As a land investor, you’ve probably driven past a sprawling field of solar panels and thought, “Why not me?”
Solar farms are transforming unused land into a sustainable and highly profitable energy source—and the best part? You can get involved.
In this 100th episode of the Turning Profit Podcast, Heather and I break down everything you need to know about solar farm development. From finding the perfect land to understanding the economics of clean energy, we share all the information you need to help you join this booming industry.
Whether you're a land investor, real estate agent, or simply curious about the future of energy, this episode provides a roadmap to understanding solar farm potential. Don't miss your chance to be at the forefront of this emerging market!
Key Takeaways
Introduction - 100th episode milestone (00:00)
Different types of solar installations explained (02:07)
Land characteristics for solar farms (08:30)
Solar farm size and acreage requirements (11:58)
Importance of south-facing slopes (17:38)
Zoning requirements for solar farms (20:39)
How community sentiment impacts project success (21:37)
Growing energy needs driving solar development (23:10)
How to submit potential solar farm properties for evaluation (27:49)
Additional Resources:
✨ Submit potential solar farm properties for evaluation: https://solarlanddeals.com/
✨ Get all of our recommended tools and services at https://resources.landconquest.com
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Follow Heather on Instagram here: https://www.instagram.com/itsalovelylife
--
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
Many real estate investors struggle with acquiring properties, often feeling overwhelmed by the sheer volume of leads they need to generate.
But the secret to transforming your business lies in building a powerful acquisition machine.
In this week's episode, Heather and I are revealing how to do exactly this. We have built an acquisition machine that keeps our land investing business humming—and we’re sharing all the steps you need to follow.
We break down everything from getting a steady stream of leads to the art of connecting with sellers and why speed matters more than ever.
If you want to master your own acquisition process, tune in and learn how we do it. It might be the missing link to more reliable, profitable deals!
Key Takeaways
Introduction (00:00)
The importance of acquisition in real estate investing (00:53)
The real estate acquisition machine (05:26)
Different methods of lead generation (07:13)
Cost implications of large-scale mail campaigns (09:53)
Lead qualification and filtering process(18:04)
Negotiation with sellers (24:24)
Importance of speed in responding to leads (29:15)
Questions from the Land Conquest Community (31:29)
Additional Resources:
✨ Want us to fund your deal? - https://partnerwithpete.com/
✨ Get all of our recommended tools and services at https://resources.landconquest.com
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Follow Heather on Instagram here: https://www.instagram.com/itsalovelylife
--
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
Want to maximize profits from your land investing without doubling your workload? Imagine putting in the same effort you already do but getting bigger returns on your land deals. Sounds good, right?
In this episode, Heather and I are talking about scaling your investment with strategies that transform small efforts into big gains. From minor subdivisions that can double your per-acre value to build-to-rent communities that pay for years, we uncover ways to scale up from small to larger deals, where the returns can be higher with a similar amount of effort.
We also discuss untapped land development opportunities in renewable energy projects and reveal how simple improvements like brush clearing can make properties more marketable (and profitable).
Whether you are new to land investment or looking to scale your operations, this episode is for you. Ready to step up your game and maximize returns?
Key Takeaways
Intro (00:00)
Shift towards larger, high-value land deals (01:28)
Challenges with small versus larger land deals (02:01)
Introduction to minor subdivisions for added value (05:16)
Benefits of smaller parcels in larger subdivisions (10:18)
Zoning changes as a profitable strategy (14:22)
Navigating renewable energy land projects (19:45)
Build-to-rent communities (22:22)
Simple improvements to increase land value (26:50)
Assembling multiple parcels for commercial use (31:54)
Tips on thinking bigger in land investment (36:01)
Q&A from the Land Conquest Community (37:14)
Additional Resources:
✨ Want us to fund your deal? - https://partnerwithpete.com/
✨ Get all of our recommended tools and services at https://resources.landconquest.com
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Follow Heather on Instagram here: https://www.instagram.com/itsalovelylife
--
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In today’s episode, I welcome Brooke Bergmann, an emerging land investor who combines her full-time career as a clinical pharmacist with her passion for land investing.
Brooke walks us through her motivation for starting her investment journey during the COVID-19 lockdown and how she incorporated her family’s diverse skill sets to streamline their business.
We also discuss Brooke’s profitable multi-lot land deal through the “Partner with Pete” program, which offers investors a rare chance to participate in high-stakes deals with a 50/50 profit split.
Brooke shares her strategic insights on direct mail lead generation, overcoming early challenges, and her future goals for scaling her business.
If you’re looking to gain an edge in land investment, tune in to learn from Brooke's practical insights on the Partner with Pete Program.
Key Takeaways
Introduction of Brooke and her land investment journey (00:00)
Brooke shares her background and family’s roles in the business (00:56)
The decision to enter the land business during COVID-19 (03:54)
Role of formal training programs in real estate success (05:20)
Brooke's lead generation strategy using direct mail (08:41)
“Partner with Pete” program success story (11:08)
Working with the Partner with Pete team (18:55)
Future goals to scale and grow the land investment business (23:15)
Additional Resources:
✨ Want us to fund your deal? - https://partnerwithpete.com/
✨ Get all of our recommended tools and services at https://resources.landconquest.com
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Follow Heather on Instagram here: https://www.instagram.com/itsalovelylife
--
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
We have a question for you: Have you ever heard of creative financing?
In this episode, Heather and I sit down with creative financing expert Pace Morby, who shares his secrets for building a real estate empire using other people's money.
Morby explains how to use strategies like seller financing and subject-to-play deals to acquire properties without the need for cash or credit.
With a background as a contractor, Morby transitioned into real estate after realizing the potential of creative financing. He shares personal stories about working with his family, teaching his children about business, and why he believes this type of financial education is more valuable than traditional schooling.
You'll also hear about the unique method Morby calls "finding the bunnies" – identifying the true underlying problems sellers face, often unrelated to money.
This episode will open your eyes to a new way of looking at real estate/land investing that will unlock new opportunities.
Listen now to learn how you can start building your real estate portfolio without any money upfront.
Key Takeaways
Introduction (00:00)
How Pace is including his children in his real estate business (02:22)
What is creative financing? (12:23)
Why you need education about creative finance (49:28)
Pace’s favorite deal leads (58:07)
Where Pace invests his money (59:18)
Pace’s real estate inspiration (01:03:34)
A few more quick questions (01:04:31)
Is creative financing for you? (01:08:04)
Additional Resources:
✨ Connect with Pace:
Check out his YouTube channel here.
Follow him on Instagram: @pacemorby.
Follow him on TikTok: @pacemorby.
Join Pace’s Facebook Group Creative Real Estate with Pace Morby.
—---
✨ Get all of our recommended tools and services at https://resources.landconquest.com
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Follow Heather on Instagram here: https://www.instagram.com/itsalovelylife
--
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
You’ve been scouring Zillow and Realtor for hours, trying to find the perfect piece of land for your next investment. But no matter how hard you try, the data feels scattered, and decision-making is slow. This is a familiar experience for many land investors.
That’s exactly what Tim Jemison experienced as a land investor – until he created an ingenious tool to make land investing simpler, faster, and more profitable.
In this week’s episode, Tim shares how his app consolidates data from multiple platforms, giving you accurate insights to price properties and find top realtors in any region. It's like having a cheat sheet for land investing.
Land Stats aggregates data from various sources, providing heat maps, market research tools, and a list of top land agents. It updates data every two weeks and offers features like filtering off-market comps.
Imagine making decisions based on real-time data, instantly identifying hot markets, and working with the best realtors—all with a few clicks.
If you're a land investor looking for cutting-edge tools to give you a competitive edge, this episode is for you. Click to listen and learn how you can take your land investing game to the next level.
Key Takeaways
Introduction (00:00)
Tim's background in tech entrepreneurship and venture capital (01:40)
Development of Land Stats app for land investors (03:18)
What Land Stats App does (07:43)
Heat map and realtor list features for visualizing market activity (11:58)
Customizable comp data filtering (15:34)
AI integration for future app development (18:20)
Marketing strategies: direct mail vs. pay-per-click (23:03)
Impact of new regulations on land investing (Georgia example) (25:43)
Pricing and accessibility of Land Stats app (27:29)
Additional Resources:
✨ Land Stats App: https://www.land-stats.com/
✨ Get all of our recommended tools and services at https://resources.landconquest.com
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Follow Heather on Instagram here: https://www.instagram.com/itsalovelylife
--
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
Are you worried that land investing might be on its last legs? With high interest rates and a slowing market, some investors are nervous. But we see it differently.
In this episode, Maddie and I address the all-important question, "Is Land Investing Dead?" by looking at the data and facts around the market and sharing our insights on how we see it.
Maddie brings her perspective as we explore the shifts in the land market and how post-COVID conditions initially created an artificial boom.
Despite the recent slowdown, we highlight that the housing shortage and abundant undeveloped land keep land investing viable.
I share my insight on how 2024 might just be a market correction, setting the stage for a resurgence.
Looking ahead to 2025, Maddie and I predict a resurgence in the land investing market. We discuss strategies for success in the current climate and answer burning questions from their community.
Listen now to learn why land investing isn’t going anywhere anytime soon despite the challenges of 2024.
Key Takeaways
Introduction (00:00)
Is land investing dead? (00:56)
Post-COVID factors inflated the land market artificially (06:25)
Interest rates impacting the real estate market (10:24)
Election uncertainty affecting land investing (12:56)
Housing shortage driving continued demand (15:24)
Quality properties at aggressive prices still sell (20:20)
Q&A from the Land Conquest Community (24:33)
Additional Resources:
✨ Join 4,500+ people in our free land-flipping community: https://www.skool.com/landconquest
✨ Get all of our recommended tools and services at https://resources.landconquest.com
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Follow Heather on Instagram here: https://www.instagram.com/itsalovelylife
--
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this episode, I am joined by my daughter, Maddie Reese, to talk about private money for real estate investing, with a particular focus on land deals.
Maddie and I explain the benefits of using private lenders, especially in an industry where traditional bank financing is less common.
We also discuss the importance of thorough due diligence to de-risk the properties we buy and other strategies such as working with brokers, conducting title searches, and visiting properties in person.
By consistently buying properties at 50% below market value, we demonstrate how we limit risk while offering high returns to private lenders.
We offer tips to land investors on how to find private lenders through networking and building trust over time.
We're also sharing how to become a private lender yourself and earn 12-15% returns. It's all in the episode – listen now!
Key Takeaways
Introduction (00:00)
Private money in real estate (01:48)
The definition and benefits of private money (04:14)
Risk management when buying land (06:20)
Typical structure of private money deals (10:05)
Finding private lenders through networking (15:58)
"Partner with Pete" equity partnership program (21:27)
Invitation for potential lenders to connect (25:17)
Q&A from the Land Conquest Community (26:05)
Additional Resources:
✨ Join 4,500+ people in our free land-flipping community: https://www.skool.com/landconquest
✨ Get all of our recommended tools and services at https://resources.landconquest.com
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Follow Heather on Instagram here: https://www.instagram.com/itsalovelylife
--
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
Have you ever felt lost about what your next step in life should be? That was Mary. Moving to a new state, her business closed during COVID-19, unsure of what the future held. And Ann? She was halfway across the world in the Philippines, locked down and searching for a new opportunity.
Then, they discovered land investing.
In our latest episode, Ann and Mary Danielson share their incredible journey. They started during the pandemic, learned everything they could about the business, and found their niche in subdividing properties.
From making their first deal to creating a sustainable business model, these sisters have a story that will inspire you. And they don't hold back on the lessons they've learned along the way.
If you've ever thought about investing in land or just love hearing how people turn challenges into success, this is the episode for you.
Listen now and get inspired!
Key Takeaways
Introduction (00:00)
How the Danielson sisters started in land investing (01:44)
First deal and lessons learned (04:19)
Success with subdividing properties (07:59)
Managing business remotely (14:24)
Weird stories from land flipping (18:14)
Land Conquest community connections (20:39)
Importance of boots on the ground (17:07)
Future plans for their business (28:35)
Additional Resources:
✨ Join 4,500+ people in our free land-flipping community: https://www.skool.com/landconquest
✨ Get all of our recommended tools and services at https://resources.landconquest.com
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Follow Heather on Instagram here: https://www.instagram.com/itsalovelylife
--
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this week's rerun episode, Heather and I explain the land flipping business model. We'll cover all the essential steps, from start to finish, so you can learn how to flip land successfully.
While we won't go into every single detail (that would take several episodes), if you're eager to learn more, join our free land investing community, Land Conquest (link below).
For now, this episode will give you a solid overview of the key steps involved.
Plus, we'll answer intriguing questions from our land flipping community at the end.
So, sit back, relax, and let's get started!
Key Takeaways:
Introduction (00:00)
Why land? (04:40)
How land flipping works (10:17)
Why you should research the market (12:19)
Time to build a list (17:47)
Let’s talk about mail (21:19)
Respond to incoming leads (24:59)
Get under contract (31:52)
Don’t forget to do your due diligence (33:40)
Property marketing 101 (39:33)
Closing the resale transaction (43:19)
What should your goals be? (49:07)
Let’s answer some questions (49:55)
Additional Resources:
✨ Join 4,500+ people in our free land-flipping community: https://www.skool.com/landconquest
✨ Get all of our recommended tools and services at https://resources.landconquest.com
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Follow Heather on Instagram here: https://www.instagram.com/itsalovelylife
--
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this week's rerun episode, Heather and I will be discussing how to negotiate effectively in real estate.
Negotiation is an important step in any deal, yet it often feels like an afterthought. Many people find negotiating uncomfortable, especially when it involves adjusting prices—whether lowering them as a buyer or raising them as a seller.
We’re here to guide you through it.
Having learned the ins and outs of negotiation ourselves, we're excited to share our top tips to help you avoid the mistakes we made when starting our real estate journey.
Additionally, we’ll be answering questions from our land investing community, so make sure to stick around until the end to catch all the details.
Listen in to learn how to negotiate your next land deal!
Key Takeaways:
Introduction (00:00)
Let’s talk about current events (02:36)
Always counter! (19:58)
What to do if you have multiple offers (24:54)
Never split the difference (27:13)
Always strike while the iron is hot (30:20)
Don’t get emotional (34:15)
Shorten the closing timeline (38:39)
Answering questions from our community (43:59)
Additional Resources:
✨ Join 4,500+ people in our free land-flipping community: https://www.skool.com/landconquest
✨ Get all of our recommended tools and services at https://resources.landconquest.com
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Follow Heather on Instagram here: https://www.instagram.com/itsalovelylife
--
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
If you’ve always wanted to start land investing but don’t know exactly where to start and the steps to take, we’ve got you covered.
In this rerun episode, Heather and I discuss how you can start your own land investing business.
Imagine buying a piece of land for a fraction of its market value, making a few smart improvements, and then flipping it for a significant profit—all without the hassle of dealing with tenants or renovations. It sounds like a dream, but it’s very much a reality, and it’s easier than you think.
Heather and I break down the exact steps you need to take to get started in land flipping. Whether you have cash on hand or need to partner with investors, you’ll learn how to identify the best properties, ensure they meet key criteria, and sell them quickly for a profit.
You’ll also learn why working with specialized local brokers and maintaining consistent marketing efforts are the secrets to sustained success in this lucrative niche.
Listen to the episode and take the first step toward your land investing journey.
Key Takeaways:
Introduction (00:00)
Let’s talk about land investing (01:38)
Back to when we first started (19:06)
Why we employ local brokers (23:24)
Why we don’t try to get top dollar (29:40)
That time we bought a lake… (30:56)
Pete’s favorite states for land flipping (39:17)
Tips and tricks from Pete (46:30)
Additional Resources:
✨ Join 4,500+ people in our free land-flipping community: https://www.skool.com/landconquest
✨ Get all of our recommended tools and services at https://resources.landconquest.com
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Follow Heather on Instagram here: https://www.instagram.com/itsalovelylife
--
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this episode, I sit down with Jesse Davis, a registered nurse turned land investor. He first dipped his toes in real estate with single-family homes but quickly found his calling in land investments.
Jesse has built a successful business by learning from every deal and leveraging partnerships, particularly the "Partner with Pete" program, to scale his operations.
Jesse shares some of the lessons he has picked from the world of land investing, from marketing strategies like SMS and direct mail to building a team and partnering on lucrative deals.
He recently made a cool $41,000 profit on a single deal with the Partner with Pete Program.
Listen in for Jesse’s story and tips that could help you make your next big move in land flipping.
Key Takeaways
Introduction (00:00)
Jesse's background from nursing to real estate investing (01:34)
Transition to land investing and SMS marketing (03:00)
Challenges of pay-per-click advertising for land deals (05:09)
Transparency with sellers in land deals (08:13)
Auction process for selling land properties (11:57)
Profit breakdown of Jesse and Pete's partnership deal (15:52)
Importance of understanding all aspects before outsourcing (25:09)
Building a team and scaling the land investing business (29:16)
Advice on reinvesting profits into marketing (36:53)
Criteria for larger land deals and partnerships (47:01)
Additional Resources:
✨ Join 4,500+ people in our free land-flipping community: https://www.skool.com/landconquest
✨ Get all of our recommended tools and services at https://resources.landconquest.com
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Follow Heather on Instagram here: https://www.instagram.com/itsalovelylife
--
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
You’ve done your research, crunched the numbers, and found the perfect piece of land. But something critical is missing - local insight.
In this episode, I talk to real estate salesperson and land specialist Dustin Pavelski about the untapped value of working with a local expert.
Dustin is a seasoned land agent with deep roots in Northeastern Pennsylvania. He has a unique background that gives him an edge in understanding the complexities of land deals, from oil and gas rights to navigating the renewable energy landscape.
His expertise and others like him with immense local knowledge could be the difference between a successful land investment and a costly mistake.
Local agents know the land inside and out; they can spot the red flags that aren’t visible on a computer screen.
If you’re serious about maximizing your returns and minimizing risks, this episode is a must-listen.
Key Takeaways
Introduction (00:00)
Dustin's background in military and oil/gas industry (01:04)
Importance of long-term relationships in land deals (05:40)
Dustin's personal land investments and ethical considerations (09:59)
Marketing strategies for land agents (12:06)
Impact of oil and gas rights on property values (16:06)
Benefits of working with local land agents (23:23)
Experiences with renewable energy projects (28:40)
Challenges with international buyers (35:16)
Importance of vetting clients and building trust (40:42)
Additional Resources:
✨ Whitetail Properties- Dustin’s agency and a resource for land investors:https://www.whitetailproperties.com/
✨ Get all of our recommended tools and services at https://resources.landconquest.com
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Follow Heather on Instagram here: https://www.instagram.com/itsalovelylife
--
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
Lot splitting is the process of dividing a single property into two or more separate legal lots. Lot splitting can be a lucrative strategy for savvy land investors looking to maximize returns.
By dividing a larger property into smaller parcels, you increase its overall value and potentially generate more profit.
But wait, before you go all Willy Wonka and start chopping up land like chocolate bars, there are a few things to keep in mind.
Local rules and regulations are the starting point. Zoning, permits, access, road frontage - the whole nine yards. Plus, is there a market for these bite-sized plots? Do people actually want to buy in that area?
Join Heather and I as we take you through our ultimate 8-step guide that will make sure you get lot splitting/land subdivision right every time. Listen in!
Key Takeaways
Intro (00:00)
Why we split land (01:48)
Finding and splitting rural properties for development (06:54)
Property valuation and location analysis (12:09)
Partner with Pete Program (16:24)
Observe zoning regulations (21:36)
Ease of transaction (24:37)
Improving property value (26:48)
Close on the property quickly (29:32)
Other strategies and tips (30:30)
Q&A from the Land Conquest Community (32:54)
Additional Resources:
✨ Are you a real estate agent, and you see an opportunity? Submit it at https://lotsplitdeals.com/
✨ Get all of our recommended tools and services at https://resources.landconquest.com
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Follow Heather on Instagram here: https://www.instagram.com/itsalovelylife
--
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
Are you tired of wasting time and money on land deals that don't pan out?
In this episode, I welcome Daniel Apke, co-founder of Land Portal software and experienced land investor. Daniel shares his insights on how to build the perfect list for land investing using innovative software tools.
These tools also provide custom filters that allow investors to build precise lists of desirable properties, saving time and reducing costs.
Daniel also discusses the importance of partnerships, defined roles, and using other people's money to scale your land investing business.
Tune in now to discover how you can revolutionize your property acquisition strategy and maximize your profits!
Key Takeaways
Introduction of guest Daniel Apke (00:00)
Daniel's background in e-commerce and land investing (01:44)
Minimizing bad leads with AI (05:58)
Land Portal software for building targeted property lists (08:24)
Focusing on properties with subdivision potential (13:07)
Importance of partnerships and defined roles (21:18)
The best land investing deals (27:25)
The future outlook for the land investing industry (38:28)
Overview of Land Portal features and pricing (41:33)
Dealing with motivational ruts in business (44:22)
Additional Resources:
✨The Land Portal: https://thelandportal.com/landconquest?a_aid=pete_reece&a_bid=4ee4fe7d
✨Daniel Apke’s Instagram: https://www.instagram.com/danielapke/
✨ Get all of our recommended tools and services at https://resources.landconquest.com
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Follow Heather on Instagram here: https://www.instagram.com/itsalovelylife
--
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
Have you ever been in land negotiations that felt like a dead end, with no prospects of closing the deal at a good price?
I know I have. It’s frustrating when you want to close on a deal but can’t seem to find common ground with the seller, especially when you had sent an earlier offer but realized it was too high.
Every land investor who wants to maximize their profits must master the art of negotiating lower land prices.
In our latest episode, Heather and I reveal the powerful negotiation tactics we use to close land deals.
You’ll learn how to effectively communicate with sellers, uncover hidden property flaws, and adjust your offers to ensure a fair deal for both parties.
Heather and I will take you through step-by-step strategies for approaching sellers, including how to use strategic questioning to your advantage and a proven script for explaining offer revisions.
We’ll also explain how we handle situations when our initial offer is too high and the tactics to bring sellers to the table.
Tune in to listen now to improve your negotiation skills and increase your profits.
Key Takeaways
Intro (00:00)
Evaluation process (01:07)
AI in property evaluations (03:22)
Negotiation tactics (12:19)
Follow-up strategies (19:35)
Q&A from the community (22:18)
Additional Resources:
✨Join our free land investing community here: https://landconquest.com
✨ Want us to Fund your Land Flipping Deal? Submit your deals at https://partnerwithpete.com
✨ Join our Land Conquest membership program: https://go.landconquest.com/premium
✨ Get all of our recommended tools and services at https://resources.landconquest.com
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Follow Heather on Instagram here: https://www.instagram.com/itsalovelylife
--
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
Land flipping can be a good business due to its potential for high profits. Unlike house flipping, it requires less upfront investment since there are no renovations to deal with.
Transactions are typically faster as well, avoiding the hassle of tenants and repairs. However, it's not all roses. If the market takes a dip, selling your land for a profit could become difficult. You'll also incur holding costs like property taxes while you wait for a buyer. Finding the right piece of land with good resale value requires expertise and research.
But what does land flipping really look like from inside the business?
In this rerun episode, Heather and I share the unfiltered truth behind our first 200 deals. Get ready for the real numbers on average prices, profits, and how long land sits on the market.
We discuss how analyzing our past deals has led to significant shifts in our investment strategies, allowing us to focus on what truly works.
Listen in and transform your land flipping approach today!
Key Takeaways
Intro (00:00)
Inside our land flipping business (01:20)
Overview of the first 200 land flip deals (04:30)
Insights from sorting deals by profit (04:50)
Reinvesting profits and growth goals for our business (10:40)
Analysis of average purchase and resale prices (14:31)
Breakdown of top and bottom-performing deals (20:14)
Strategy shift towards more profitable deals (26:25)
Challenges with cheaper properties (33:55)
Final analysis of bottom 20% of deals (39:43)
Additional Resources:
✨Join our free land investing community here: https://landconquest.com
✨ Want us to Fund your Land Flipping Deal? Submit your deals at https://partnerwithpete.com
✨ Join our Land Conquest membership program: https://go.landconquest.com/premium
✨ Get all of our recommended tools and services at https://resources.landconquest.com
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Follow Heather on Instagram here: https://www.instagram.com/itsalovelylife
--
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
One of the questions we get asked a lot is how to determine the amount you should pay for a property.
The right purchase price will enable you to minimize risk and maximize profits.
Many investors struggle to find the perfect formula, often oscillating between paying too much or trying to get properties for pennies on the dollar. However, the key is to strike a balance and adhere to a consistent set of criteria.
In this episode, Heather and I break down our tried-and-true formula of buying at 50% of the anticipated resale price and discuss how to adjust based on market conditions and property quality.
We reveal the strict guidelines we apply in our business to ensure consistent profitability and how we keep emotions out of investment decisions.
We also reveal the minimum profit threshold we aim for in all our transactions.
Ready to take your land flipping game to the next level? Click play and learn from the best!
Key Takeaways
Introduction to the topic (00:00)
Our simplified pricing formula (02:13)
Importance of guidelines to avoid emotional decisions (03:07)
Paying 50% of the anticipated resale price (04:11)
Adjusting for market conditions and property quality (07:04)
Emphasis on downside protection (09:03)
Case study of a difficult property sale (14:30)
$20,000 minimum projected profit rule (21:52)
Details about the Land Conquest community and resources (27:18)
Additional Resources:
✨Join our free land investing community here: https://landconquest.com
✨ Want us to Fund your Land Flipping Deal? Submit your deals at https://partnerwithpete.com
✨ Join our Land Conquest membership program: https://go.landconquest.com/premium
✨ Get all of our recommended tools and services at https://resources.landconquest.com
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Follow Heather on Instagram here: https://www.instagram.com/itsalovelylife
--
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
As a land investor, you'll occasionally come across properties that seem like great deals on the surface but, upon closer inspection, present unique challenges.
One such challenge is dealing with landlocked properties. These are parcels of land with no legal access to public roads.
My first experience with a landlocked property was a learning lesson. I did not lose any money on the deal but it took a lot of time for minimal returns.
There are many risks with these types of properties, but there are also opportunities that savvy investors can apply to pull a great deal from such properties.
Join Heather and I as we share our experiences in landlocked properties and how to make money with them.
Key Takeaways
Intro (00:00)
Definition and challenges of landlocked properties (02:14)
Historical reasons for landlocked properties (03:13)
Pete’s story of buying a landlocked property (06:52)
Why we made the decision against buying landlocked properties (12:41)
Strategies to make money from landlocked properties (15:50)
Fixing access issues and potential legal remedies (23:35)
Q&A from the Land Conquest community (28:01)
Additional Resources:
✨Want us to Fund your Land Flipping Deal? Submit your deals at https://partnerwithpete.com/
✨ Scale Your Land Flipping Business With Next-Gen Automation! https://software.landconquest.com/
✨ Learn more about our paid membership and community of land investors: https://go.landconquest.com/premium
✨ Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Follow Heather on Instagram here: https://www.instagram.com/itsalovelylife
--
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
Building a team for your land flipping/real estate business is one of the most important tasks you’ll ever do as a business owner.
In this episode, Heather and I share the step-by-step guide on how we built our successful team and the lessons we have picked along the way. We share our own experiences and strategies for expanding our team, from hiring virtual assistants to acquisition managers and due diligence specialists.
We started our business with me handling most of the tasks myself. As the business grew, we realized we needed help. We began by hiring a virtual assistant to handle administrative tasks such as spreadsheet management and email organization. This freed up my time to focus on higher-level tasks.
The next addition to our team was a lead manager. This role involved managing leads as they came in, organizing them in our system, and doing basic research on the properties. The lead manager helped us focus on other tasks, such as negotiating deals and managing the business.
Tune in to learn the exact steps to build a strong team that helps you grow your real estate investing business efficiently and effectively.
Key Takeaways
Intro (00:00)
Building a real estate investing team with defined roles (01:08)
Hiring a lead manager and acquisition managers (06:27)
Outsourcing a call center (08:24)
Roles in a real estate investment company (10:13)
Involving family members in business roles (17:08)
Team expansion and utilizing tools for growth (23:33)
Resources to optimize your team (24:35)
Q&A from Land Conquest Community (25:56)
Additional Resources:
✨Want us to Fund your Land Flipping Deal? Submit your deals at https://partnerwithpete.com/
✨ Scale Your Land Flipping Business With Next-Gen Automation! https://software.landconquest.com/
✨ Learn more about our paid membership and community of land investors: https://go.landconquest.com/premium
✨ Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Follow Heather on Instagram here: https://www.instagram.com/itsalovelylife
--
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
When many people think of land investing, they are not likely to associate it with technological advancements.
But tech like AI, Chatbots, and robots is set to dramatically change the way we buy, sell, and develop land.
Imagine buying a piece of land as easily as buying stock. Blockchain technology has the potential to make this a reality. By placing public property records on a secure, decentralized ledger, blockchain could significantly speed up the title transfer process.
Another exciting development is the rise of remote work and new technologies might lead to a shift in population centers. People may move away from crowded cities and gravitate towards areas with booming tech industries. This could create new opportunities for land investors in these emerging hubs.
While technology is transforming the industry, some core land investment principles remain constant. By staying informed about these emerging trends, you can position yourself as a land investor to capitalize on the opportunities they present.
Join Heather and I in this episode as we discuss the current uses of AI in land investing also predict what’s coming in the next few years.
This is an exciting episode that you don’t want to miss! Tune in!
Key Takeaways
Intro (00:00)
AI's impact on the land investing business. (01:55)
Tech advancements in land/real estate investing (09:22)
AI chatbots and their use in business (11:31)
Using AI to streamline land investing tasks (15:20)
The future of property valuation (20:05)
Blockchain’s impact on property records (25:19)
Q&A from our community (31:30)
Additional Resources:
✨Want us to Fund your Land Flipping Deal? Submit your deals at https://partnerwithpete.com/
✨ Scale Your Land Flipping Business With Next-Gen Automation! https://software.landconquest.com/
✨ Learn more about our paid membership and community of land investors: https://go.landconquest.com/premium
✨ Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Follow Heather on Instagram here: https://www.instagram.com/itsalovelylife
----
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
The land investment world is full of opportunities for both new and seasoned investors. One of the biggest prerequisites for success is having a solid plan and a willingness to adapt the plan as your business grows.
Heather and I lean on our vast experience in both real estate and land investing to guide you through the process of designing a successful land investing business.
We cover all the details, from choosing a niche that perfectly suits your lifestyle to building a dream team to handle the operations.
But one important thing to note is that land investment is not static. That's why we'll also talk about the art of adapting your plan.
Learn how to be flexible and adjust your strategies as your skills evolve, your priorities shift, or the market changes.
In this episode, you'll hear:
Tune in to listen to the full episode for steps toward designing your perfect land investment business.
Key Takeaways
Intro (00:00)
Our experience and qualifications in land and real estate investing (01:43)
Business models in land investing (07:49)
Financial planning and reverse engineering (14:50)
Building a team and delegating tasks (18:01)
Vision and aligning business with values (22:44)
Financing options for land deals (24:40)
Adapting plans and staying flexible (26:42)
Q&A from the Land Conquest Community (28:14)
Additional Resources:
✨Want us to Fund your Land Flipping Deal? Submit your deals at https://partnerwithpete.com/
✨ Scale Your Land Flipping Business With Next-Gen Automation! https://software.landconquest.com/
✨ Learn more about our paid membership and community of land investors: https://go.landconquest.com/premium
✨ Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Follow Heather on Instagram here: https://www.instagram.com/itsalovelylife
----
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
Land investing is all over social media these days. Lots of people are talking about flipping land quickly for massive profits and working from anywhere in the world. It almost sounds like a dream.
But is it really that easy? Is land investing really all sunshine and rainbows? Or is there more to the story?
In this episode, Heather and I give an honest perspective on this investing strategy. We acknowledge the potential for high profits and the flexibility this approach offers.
But we also tackle the ugly side, including the challenges of finding motivated sellers and the uneven cash flow you might experience.
Tune in to get a glimpse of how land flipping works and whether it's your ticket to financial freedom.
Key Takeaways
Introduction (00:00)
Scaling a land business with potential for high profits (06:01)
Real estate investing with a focus on land deals (09:02)
Challenges with finding contractors and financing (14:05)
Benefits and challenges of land investing (16:58)
Using direct mail offers (25:32)
Cash flow challenges in land flipping (30:20)
Pros and cons of land flipping (34:47)
Lack of comps and personal preferences (38:46)
Q&A from Land Conquest Community (38:16)
Additional Resources:
✨Want us to Fund your Land Flipping Deal? Submit your deals at https://partnerwithpete.com/
✨ Scale Your Land Flipping Business With Next-Gen Automation! https://software.landconquest.com/
✨ Learn more about our paid membership and community of land investors: https://go.landconquest.com/premium
✨ Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Follow Heather on Instagram here: https://www.instagram.com/itsalovelylife
----
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
Not all land is worth owning. In fact, it’s possible to own land that has a negative impact on you, your net worth, and your sanity.
I am joined by Maddie to expose 7 types of land that you should NEVER buy, no matter how cheap it is. Maddie steps in for Heather to share her expertise on evaluating properties and common land-buying mistakes.
When I first started, I thought I would buy any piece of land that came along as long as I could get it for the right price.
Then, I started seeing some examples of land that shattered my original idea. I started running into pieces of land that were not worth it to buy at ANY price.
That’s because these pieces of land were more of a liability than an asset. These lands can leave you holding an expensive, unproductive white elephant.
Maddie and I break down the types of land you should never buy, including environmentally contaminated sites, inaccessible parcels, and properties in harsh climates. We go into the details of why these lands can become liabilities rather than assets and provide practical advice on the complexities of land investments.
By familiarizing yourself with these land red flags, you can significantly increase your chances of finding an investment property that delivers the returns you seek. Tune in!
Key Takeaways
Intro (00:00)
Seven types of land to avoid (02:26)
The high percentage of unsuitable properties from pay-per-click leads (04:19)
Challenges with landlocked properties (14:44)
High property taxes and HOA fees (18:47)
Land with open legal disputes or title problems (20:06)
Commercial properties in small towns (28:07)
Q&A segment from the Land Conquest Community (32:20)
Additional Resources:
✨Want us to Fund your Land Flipping Deal? Submit your deals at https://partnerwithpete.com/
✨ Scale Your Land Flipping Business With Next-Gen Automation! https://software.landconquest.com/
✨ Learn more about our paid membership and community of land investors: https://go.landconquest.com/premium
✨ Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Follow Heather on Instagram here: https://www.instagram.com/itsalovelylife
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
Unlock Your Path to Profit with Pete Reese!
Welcome to another exciting episode where we reveal the secrets to successful land flipping through our unique Partner with Pete program! In this special feature, we have Arturo Paturzo, a motivated individual who teamed up with Pete and experienced the transformative power of land investing, earning a remarkable $13,000!
What’s Inside:
In this enlightening video, Pete walks you through the seamless process of the Partner with Pete program, showcasing how you too can achieve financial success like Arturo. Discover how presenting a deal to Pete and his adept team can lead to them conducting meticulous due diligence and splitting the profits 50/50!
Perfect Opportunity for Aspiring Investors:
If you’ve been contemplating diving into real estate investing, specifically land flipping, but are constrained by lack of funds, this is the golden opportunity you’ve been waiting for! Learn how you can start your journey in land flipping and realize your financial dreams without the initial capital!
You Will Learn:
The step-by-step process of the Partner with Pete program.
How working with a seasoned land investor like Pete Reese can accelerate your success.
The potential profits awaiting you in the land flipping business.
Real-life success stories and insights from Arturo's experience.
Links & Resources:
Partner with Pete Program - https://partnerwithpete.com
Land Conquest Community - https://landconquest.com
Subscribe to Our Channel - https://www.youtube.com/@turningprofit
Watch Now and unlock the doors to your land flipping success with Pete Reese! Don’t forget to like, comment, share, and subscribe to stay updated with the latest insights and success stories in land investing!
Land investing promises financial freedom and flexibility, but are you getting the full story? The truth is, there are some hard-hitting realities that most gurus conveniently leave out of their sales pitches.
In this episode, Heather and I expose the nine shocking truths of land investing.
Here's a sneak peek of what you'll learn:
👉 The unexpected dangers that can derail even the most promising deals
👉 Why chasing high-profit percentages can actually hurt your bottom line
👉 The truth about cheap land
👉 The most crucial step that separates amateur investors from pros
We also share tips from our own experiences, including costly mistakes we've made and lessons we've learned the hard way.
If you're serious about land investing, you can't afford to miss this episode.
We'll arm you with the knowledge you need and make informed decisions that will set you up for success in land investing
Listen to the full episode for some of the shocking truths of land investing.
Key Takeaways
Intro (00:00)
Land investing as a scalable business opportunity (04:03)
Land investing challenges and realities (07:29)
It's not all about profit percentage (14:45)
Consistency is the most underrated aspect of this business (17:46)
You can't do it all yourself (19:06)
Marketing strategies and potential pitfalls (24:19)
Getting a deal under contract is just a piece of the puzzle (30:59)
Due diligence and the importance of research (33:45)
Q&A segment with community questions on land investing (35:45)
Additional Resources:
✨Want us to Fund your Land Flipping Deal? Submit your deals at https://partnerwithpete.com/
✨ Scale Your Land Flipping Business With Next-Gen Automation! https://software.landconquest.com/
✨The GAUNTLET 8-Week Blueprint To Land Flipping Mastery: https://gauntlet.landconquest.com/
✨ Get our full training program at no cost.: https://landconquest.com/
✨ Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Follow Heather on Instagram here: https://www.instagram.com/itsalovelylife
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
Welcome to another exciting episode where we reveal the secrets to successful land flipping through our unique Partner with Pete program! In this special feature, we have Jeshua Livstrom & John Burks, a motivated individual who teamed up with Pete and experienced the transformative power of land investing, earning a remarkable $38,000 in just 83 days!
What’s Inside:
In this enlightening video, Pete walks you through the seamless process of the Partner with Pete program, showcasing how you, too, can achieve financial success like Jeshua & John. Discover how presenting a deal to Pete and his adept team can lead to them conducting meticulous due diligence and splitting the profits 50/50!
Perfect Opportunity for Aspiring Investors:
If you’ve been contemplating diving into real estate investing, specifically land flipping, but are constrained by a lack of funds, this is the golden opportunity you’ve been waiting for! Learn how you can start your journey in land flipping and realize your financial dreams without the initial capital!
You Will Learn:
The step-by-step process of the Partner with Pete program.
How working with a seasoned land investor like Pete Reese can accelerate your success.
The potential profits awaiting you in the land flipping business.
Real-life success stories and insights from Jay's experience.
Links & Resources:
Partner with Pete Program - https://partnerwithpete.com
Land Conquest Community - https://landconquest.com
Subscribe to Our Channel - https://www.youtube.com/@turningprofit
As a land investor, I've always been a big believer in the power of direct mail. But lately, I've been getting curious about pay-per-click (PPC) advertising and whether it could be a viable strategy for finding motivated land sellers.
My initial results have been promising, and I wanted to share my journey and results with fellow land investors in this episode.
To help us understand all about this marketing strategy, I am joined by Brandon Bateman, owner of The Bateman Collective and a leading expert in pay-per-click marketing for real estate investors.
We discuss how PPC can attract more motivated sellers than traditional methods like direct mail, providing quicker responses and potentially higher conversions.
We also look at the integration of AI in managing and converting leads, the challenges of online marketing, and the future of PPC in real estate.
Click to listen to the full episode and see if PPC could work for your land investment strategy!
Key Takeaways
Intro (00:00)
PPC's benefits over traditional methods (04:19)
Brandon Bateman's background and shift to land investing (06:15)
Discussion on lead diversification and management (13:30)
Financial outcomes from PPC and ROI discussion (20:50)
Exploring challenges with online leads (28:10)
Strategies for retargeting and using other platforms (35:00)
Managing PPC costs and maximizing returns (42:25)
Real-time adjustments and AI integration in campaigns (49:55)
Future predictions and scaling up PPC efforts (57:10)
Additional Resources:
✨ Connect with Brandon Bateman: https://www.batemancollective.com/
—
✨Want us to Fund your Land Flipping Deal? Submit your deals at https://partnerwithpete.com/
✨ Scale Your Land Flipping Business With Next-Gen Automation! https://software.landconquest.com/
✨The GAUNTLET 8-Week Blueprint To Land Flipping Mastery: https://gauntlet.landconquest.com/
✨ Get our full training program at no cost.: https://landconquest.com/
✨ Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Follow Heather on Instagram here: https://www.instagram.com/itsalovelylife
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
Join Pete in this inspiring interview with one of our recent Gauntlet graduates! Dive into a real-life journey of transformation and triumph in the world of land flipping.
In this exclusive episode, our recent Gauntlet grad, James, shares their firsthand experience with the program, revealing how it laid the foundation for their successful land flipping business. From the initial steps to the rewarding outcomes, discover how The Gauntlet mentorship program provided the essential tools, strategies, and support needed to thrive in the competitive land market.
Key Highlights:
Program Deep Dive: Get an inside look into how The Gauntlet fosters success from the get-go.
Journey to Leads: Hear about the strategies and support that helped our graduates generate leads and prepare for active deals.
Personal Success Stories: Hear how our graduates navigated challenges and transformed them into lucrative opportunities.
This interview isn't just about celebrating success; it's about showing you the tangible value The Gauntlet mentorship program offers. Whether you're new to land flipping or looking to elevate your current operations, this episode is packed with valuable insights and practical takeaways.
Want to kickstart your own success story in land flipping? Learn more about how The Gauntlet mentorship program can set you up for success. Check out http://gauntlet.landconquest.com for all the details and to embark on your journey to becoming a successful land investor.
Don't forget to like, subscribe, and share this video to spread the inspiration! Your next big breakthrough in land flipping could be just one click away.
👉 Join our Land Flipping community: https://landconquest.com
Do you think you've figured out land investing? Even seasoned investors can fall prey to hidden pitfalls, especially given the unique nature of land deals.
These blunders aren't just embarrassing; they can cost you serious money and derail your investment goals.
In this episode, Heather and I go through 12 critical land investing mistakes. These true stories will make you rethink how you evaluate land investments.
Don't let avoidable errors drain your profits and leave you scrambling for solutions. It's time to find out if these mistakes are lurking in your strategy.
Tune into our latest podcast episode where we reveal the full list of mistakes, along with expert insights on how to steer clear of these common traps. You'll walk away with the knowledge to:
Don't miss out on these tips that could save you from a costly mistake.
Tune in now!
Key Takeaways
Intro (00:00)
Avoiding mistakes when buying land for building homes (03:48)
Buying next to bad neighbors (11:07)
Ignoring FEMA flood zones and wetlands (13:52)
Common mistakes made by investors when buying rural land (17:38)
Confirming access to the property (22:44)
Ensuring connectivity to utilities (27:22)
Choosing a closing company for real estate transactions. (37:38)
Listener Q&A segment (38:34)
Additional Resources:
✨Want us to Fund your Land Flipping Deal? Submit your deals at https://partnerwithpete.com/
✨ Scale Your Land Flipping Business With Next-Gen Automation! https://software.landconquest.com/
✨The GAUNTLET 8-Week Blueprint To Land Flipping Mastery: https://gauntlet.landconquest.com/
✨ Get our full training program at no cost.: https://landconquest.com/
✨ Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Follow Heather on Instagram here: https://www.instagram.com/itsalovelylife
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
Join Pete in this inspiring interview with one of our recent Gauntlet graduates! Dive into a real-life journey of transformation and triumph in the world of land flipping.
In this exclusive episode, our recent Gauntlet grad, Adam, shares their firsthand experience with the program, revealing how it laid the foundation for their successful land flipping business.
From the initial steps to the rewarding outcomes, discover how The Gauntlet mentorship program provided the essential tools, strategies, and support needed to thrive in the competitive land market.
Key Highlights:
Program Deep Dive: Get an inside look into how The Gauntlet fosters success from the get-go.
Journey to Leads: Hear about the strategies and support that helped our graduates generate leads and prepare for active deals.
Personal Success Stories: Hear how our graduates navigated challenges and transformed them into lucrative opportunities.
This interview isn't just about celebrating success; it's about showing you the tangible value The Gauntlet mentorship program offers. Whether you're new to land flipping or looking to elevate your current operations, this episode is packed with valuable insights and practical takeaways.
Want to kickstart your own success story in land flipping? Learn more about how The Gauntlet mentorship program can help you achieve success.
Check out http://gauntlet.landconquest.com for all the details and to embark on your journey to becoming a successful land investor.
Don't forget to like, subscribe, and share this video to spread the inspiration! Your next big breakthrough in land flipping could be just one click away.
👉 Join our Land Flipping community: https://landconquest.com
Sometimes, the standard "For Sale" sign just won't cut it, especially when you're selling land. Sometimes you need some creative ways to sell land quickly and at maximum profit.
Heather and I share some creative techniques that will change how you think about selling land.
We covered the basics like agents and auctions but also discussed options like donating properties for tax benefits or even organizing raffles (check those legal considerations!). This shows that land selling doesn't have to be a headache.
Choosing the right strategy is key – consider the type of land, your market, and how much time you can invest. Need a quick sale? Auctions could be ideal. Want to avoid commissions? Explore direct marketing platforms.
Remember, land has its own quirks – zoning, surveys, and title checks are necessary. But the most interesting thing I learned was that selling land can benefit your community through donations or partnering with nonprofits.
Land investing is all about creative solutions. Do your research, be prepared, and try unconventional approaches. You might sell that land faster than you think!
Ready to ditch the "For Sale" sign? Tune in for innovative ways to sell your land. Listen to our latest episode for creative strategies and expert insights.
Key Takeaways
Intro (00:00)
Overview of 7 land selling strategies (01:23)
Discussion on using a real estate agent (02:17)
Benefits of using an auction for selling (10:51)
Direct off-market selling methods (24:57)
Considering property donation for tax benefits (36:01)
Community Q&A Segment (46:58)
Additional Resources:
✨Want us to Fund your Land Flipping Deal? Submit your deals at https://partnerwithpete.com/
✨ Scale Your Land Flipping Business With Next-Gen Automation! https://software.landconquest.com/
✨The GAUNTLET 8-Week Blueprint To Land Flipping Mastery: https://gauntlet.landconquest.com/
✨ Get our full training program at no cost.: https://landconquest.com/
✨ Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Follow Heather on Instagram here: https://www.instagram.com/itsalovelylife
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
Welcome to another exciting episode where we reveal the secrets to successful land flipping through our unique Partner with Pete program! In this special feature, we have Jay Chekansky, a motivated individual who teamed up with Pete and experienced the transformative power of land investing, earning a remarkable $26,919 in just 63 days!
What’s Inside:
Pete walks you through the seamless process of the Partner with Pete program, showcasing how you, too, can achieve financial success like Jay. Discover how presenting a deal to Pete and his adept team can lead to them conducting meticulous due diligence and splitting the profits 50/50!
Perfect Opportunity for Aspiring Investors:
If you’ve been contemplating diving into real estate investing, specifically land flipping, but are constrained by a lack of funds, this is the golden opportunity you’ve been waiting for! Learn how you can start your journey in land flipping and realize your financial dreams without the initial capital!
You Will Learn:
The step-by-step process of the Partner with Pete program.
How working with a seasoned land investor like Pete Reese can accelerate your success.
The potential profits awaiting you in the land flipping business.
Real-life success stories and insights from Jay's experience.
Links & Resources:
Partner with Pete Program - https://partnerwithpete.com
Land Conquest Community - https://landconquest.com
Subscribe to Our Channel - https://www.youtube.com/@turningprofit
Land investing can be a lucrative business, but it's important to go into every transaction with a clear head and a commitment to getting a good deal.
It's easy to fall in love with a property, become emotionally attached, and lose sight of the numbers. Unfortunately, this often leads to overpaying and eroding your profit margins.
Heather and I explain why you shouldn't force a land investment deal and the crucial steps to ensure you get a fair price on your next purchase.
Remember, land investing is a business. While it's normal to feel some enthusiasm, remain grounded in your numbers, criteria, and due diligence.
By being patient and walking away from deals that don't meet your standards, you'll ultimately discover even more profitable land investment opportunities down the road.
Tune in to this week’s episode to learn more about the critical factors in land investing and to avoid forcing a deal.
Key Takeaways
Intro (00:00)
Evaluating land investment deals for profitability (01:46)
How to value properties (06:53)
Different property types and values (14:37)
Factors affecting property desirability (22:08)
Leveraging others in decision-making (34:48)
Q&A segment (40:26)
Additional Resources:
✨Want us to Fund your Land Flipping Deal? Submit your deals at https://partnerwithpete.com/
✨ Scale Your Land Flipping Business With Next-Gen Automation! https://software.landconquest.com/
✨The GAUNTLET 8-Week Blueprint To Land Flipping Mastery: https://gauntlet.landconquest.com/
✨ Get our full training program at no cost.: https://landconquest.com/
✨ Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Follow Heather on Instagram here: https://www.instagram.com/itsalovelylife
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
Welcome to another exciting episode where we reveal the secrets to successful land flipping through our unique Partner with Pete program!
In this special feature, we have Heber Perez, a motivated individual who teamed up with Pete and experienced the transformative power of land investing, earning a remarkable $16,000 in just 21 days!
What’s Inside:
In this enlightening video, Pete walks you through the seamless process of the Partner with Pete program, showcasing how you, too, can achieve financial success like Heber. Discover how presenting a deal to Pete and his adept team can lead to them conducting meticulous due diligence and splitting the profits 50/50!
Perfect Opportunity for Aspiring Investors:
If you’ve been contemplating diving into real estate investing, specifically land flipping, but are constrained by a lack of funds, this is the golden opportunity you’ve been waiting for! Learn how you can start your journey in land flipping and realize your financial dreams without the initial capital!
In this episode, you will learn:
The step-by-step process of the Partner with Pete program.
How working with a seasoned land investor like Pete Reese can accelerate your success.
The potential profits awaiting you in the land flipping business.
Real-life success stories and insights from Heber Perez's experience.
Links & Resources:
Partner with Pete Program - https://partnerwithpete.com
Land Conquest Community - https://landconquest.com
Subscribe to Our Channel - https://www.youtube.com/@turningprofit
Are you fascinated by the world of land investing but feel a little lost on how to get started?
Or perhaps you're already in the game but want to level up your efficiency and profits?
The right tools and services can make a tremendous difference. Tech plays a huge role in streamlining your land investing success. A suite of basics like Google Workspace (for email, docs, and storage) is non-negotiable.
In this episode, Heather and I share all the tech, services, and strategies that power our business.
Specialized software like the Land Conquest Business System is your superpower. It is designed to handle everything land-specific, such as lead generation, mailing, and deal tracking.
Beyond fancy tech, some fundamentals are key, like a professional call answering service (so you never miss a deal!) and a dedicated website to boost your credibility.
Tune in to learn more!
Key Takeaways
Intro (00:00)
Setting up a land investing business (03:38)
Creating a professional website for a land investing business (05:38)
Call answering services and phone lines (10:03)
Business entity setup, bank accounts, and financial management (14:42)
Direct mail marketing tools (19:11)
Property evaluation tools (23:34)
Real estate lead management and electronic signing apps (26:26)
Land investing business and software system for managing processes (30:37)
Mailing the same area multiple times for real estate leads (37:51)
Wholesaling and land flipping in real estate investing (43:11)
Additional Resources:
Submit your Deals here: http://lotsplitdeals.com/
Want us to Fund your Land Flipping Deal? https://partnerwithpete.com/
Want to discover our FREE training program? Join us at: https://landconquest.com/
The GAUNTLET 8-Week Blueprint To Land Flipping Mastery:https://gauntlet.landconquest.com/
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
Welcome to another exciting episode where we reveal the secrets to successful land flipping through our unique Partner with Pete program!
In this special feature, we have Brent Centlivre, a motivated individual who teamed up with Pete and experienced the transformative power of land investing, earning a remarkable $38,000 in just 43 days!
What’s Inside
Pete walks you through the seamless process of the Partner with Pete program, showcasing how you, too, can achieve financial success like Brent.
Discover how presenting a deal to Pete and his adept team can lead to them conducting meticulous due diligence and splitting the profits 50/50!
Perfect Opportunity for Aspiring Investors:
If you’ve been contemplating diving into real estate investing, specifically land flipping, but are constrained by lack of funds, this is the golden opportunity you’ve been waiting for! Learn how you can start your journey in land flipping and realize your financial dreams without the initial capital!
In This episode, You Will Learn:
The step-by-step process of the Partner with Pete program.
How working with a seasoned land investor like Pete Reese can accelerate your success.
The potential profits awaiting you in the land flipping business.
Links & Resources:
Partner with Pete Program - https://partnerwithpete.com
Land Conquest Community - https://landconquest.com
Subscribe to Our Channel - https://www.youtube.com/@turningprofit
Traditional real estate investing often focuses on houses and buildings, but did you know that raw land offers a wealth of unique and lucrative investment opportunities?
Land investment offers incredible flexibility. You can buy, improve, subdivide, develop, or hold for long-term income. With careful research, strategic planning, and a bit of creativity, the possibilities for turning a profit with land are truly vast.
Our bread-and-butter land investment method centers around a quick-turnaround model. We seek out off-market land deals, sometimes make small improvements, and then aim to resell them within a 90-day window.
The key?
Buying at a steep discount (usually at least 50% below anticipated market value) to ensure robust profits.
While our quick-flip method works wonders, it's far from the only way to profit from land. Here's a breakdown of other exciting strategies Heather and I discuss in this episode:
Lot Splitting: Acquire large parcels, subdivide them, and sell the smaller lots for a higher price per acre.
Renewable Energy Projects: Buy land suitable for solar, wind, or battery storage projects.
Seller Financing: Sell the land directly to a buyer and carry the financing yourself.
Commercial Ventures: Explore options like self-storage facilities, RV/boat storage, or recreational businesses like paintball fields or disc golf courses.
Agricultural Ventures: Purchase farmland for lease income or rezoning.
Want to learn more about these and more creative ways to profit from land? Tune in!
Key Takeaways
Intro (00:00)
Money with land through different strategies (06:38)
Moving deals quickly to maximize returns (08:39)
Subdividing land and getting approvals for projects (12:53)
Land investment strategies for renewable energy projects (17:20)
Seller financing and land investing strategies (25:23)
Real estate investing strategies for community development (28:44)
Creative ways to use land investment (33:15)
Real estate lawsuit impact and commission changes (38:33)
Real estate investing, funding, and selling without a realtor (43:14)
Additional Resources:
Submit your Deals here: http://lotsplitdeals.com/
Want us to Fund your Land Flipping Deal? https://partnerwithpete.com/
Want to discover our FREE training program? Join us at: https://landconquest.com/
The GAUNTLET 8-Week Blueprint To Land Flipping Mastery:https://gauntlet.landconquest.com/
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
Unlock Your Path to Profit with Pete Reese!
Welcome to another exciting episode where we reveal the secrets to successful land flipping through our unique Partner with Pete program!
In this special feature, we have Matthew James, a motivated individual who teamed up with Pete and experienced the transformative power of land investing, earning a remarkable $35K profit in just 43 days!
Key Takeaways:
The step-by-step process of the Partner with Pete program.
How working with a seasoned land investor like Pete Reese can accelerate your success.
The potential profits awaiting you in the land flipping business.
Real-life success stories and insights from Matthew James' experience.
Links & Resources:
Partner with Pete Program - https://partnerwithpete.com
Land Conquest Community - https://landconquest.com
Subscribe to Our Channel - https://www.youtube.com/@turningprofit
Do you dream of starting a land investment business but feel held back by a lack of starting capital?
It's time to rethink that limitation!
In this episode, Heather and I discuss the notion that investing in land—or any real estate—requires significant upfront cash.
While it might instinctively feel less than credible, there are indeed legitimate strategies for investing in land with little to no personal capital investment.
So, how do you actually make this happen? Here are a few essential strategies we cover:
Tune in to learn more about investing in land without capital!
Key Takeaways
Intro (00:00)
Debunking misconceptions about land investment (01:53)
Partnering and deal funding (09:40)
Building a team and collaboration (13:46)
Structuring agreements and paperwork (19:14)
Tips for deal funders (37:37)
Questions from the community (42:59)
Strategies for evaluating deals (53:34)
Additional Resources:
Want us to Fund your Land Flipping Deal? https://partnerwithpete.com/
Want to discover our FREE training program? Join us at: https://landconquest.com/
The GAUNTLET 8-Week Blueprint To Land Flipping Mastery: https://gauntlet.landconquest.com/
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In December 2023, we achieved a significant milestone in our land flipping journey, generating a revenue of $711,721 in a month. We provide an in-depth breakdown of our strategies, challenges, and key decisions that led to this remarkable success.
Key Takeaways:
The specific strategies we employed in December 2023 to maximize our returns.
An overview of the properties that contributed the most to our revenue.
Challenges in the land flipping market and how we navigated them.
Tips for aspiring land flippers looking to replicate our success.
👉 Join our Land Flipping community: https://landconquest.com
Imagine looking at a piece of land and seeing more than just dirt and grass. What if I told you that a piece of land could be the key to unlocking your financial freedom?
Let me take you on a journey. It all started with a dream to make a mark in real estate without the headaches of traditional property management.
That's when I stumbled upon the untapped potential of land investing.
I won't sugarcoat it. The beginning was fraught with uncertainty, an overwhelming amount of information, what-ifs, and the fear of making the wrong move.
But then, I made a decision that changed everything. I decided to dive deep into education to learn from those who've walked the path before me.
And then, the pieces started to fall into place.
I learned the importance of meticulous planning, the ins and outs of financing deals, and the art of generating leads. I discovered the power of community and mentorship and how leveraging the experience of others could accelerate my success.
Fast forward to today, and I've turned what once was a daunting venture into a thriving, profitable business.
And the best part? I've laid out the blueprint for you to follow in my latest episode.
Tune in and get ready to start your own land investing journey with confidence!
Key Takeaways
Intro (00:00)
Setting goals for a land flipping business (01:39)
How to gather knowledge for your investing journey (09:44)
The importance of training and mentorship (15:35)
How to set up the business (17:44)
Business system and software tools (25:31)
Investment strategies in land flipping (27:51)
Lead generation strategies (34:22)
Land deals funding options to consider (40:12)
Building a team to scale your land flipping business (42:44)
Time to answer some questions (47:45)
Additional Resources:
The GAUNTLET 8-Week Blueprint To Land Flipping Mastery: https://gauntlet.landconquest.com/
Want us to Fund your Land Flipping Deal? https://partnerwithpete.com/
Want to discover our FREE training program? Join us at: https://landconquest.com/
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
Are you a real estate professional with a strong understanding of your local land/property market and a desire to grow your income? If so, our new program could be the perfect fit!
By partnering with us, you can identify profitable deals and earn commissions on both the purchase and resale of properties.
Here's how it works: you'll search for larger parcels ideal for lot splits and consider zoning, access, and resale potential.
With our own funds, we're prepared to close quickly on properties that meet our criteria. This partnership is a win-win. You'll find properties, write offers for us, and handle the resale, earning commission on both ends.
Submit your deals through our easy process, and we'll quickly assess them. If the deal makes sense, we'll purchase the property with cash. After any necessary land prep, you'll become our listing agent to resell the individual lots.
We're seeking agents and brokers who understand land transactions, have deep local market knowledge, are self-motivated, and are excited by the potential of land investing.
If you want to boost your income, tune in to this episode to learn more about this program!
Key Takeaways
Intro (00:00)
The opportunity in land splitting for agents and brokers (02:44)
What properties are we looking for (16:13)
Qualifications to partner with us (18:18)
Areas where the process of splitting is easy (27:24)
Who is fit for this opportunity (32:03)
The process of submitting deals (34:16)
Let’s answer some questions (48:58)
Additional Resources:
Submit your Deals here: http://lotsplitdeals.com/
The GAUNTLET 8-Week Blueprint To Land Flipping Mastery:https://gauntlet.landconquest.com/
Want us to Fund your Land Flipping Deal? https://partnerwithpete.com/
Want to discover our FREE training program? Join us at: https://landconquest.com/
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
While we do not claim to possess the ability to foresee, it is indisputable that land investing is undergoing a period of significant transformation thanks to AI.
AI is set to change how we use land and, consequently, how we do land investments.
From addressing global challenges such as energy scarcity and climate change to transforming demographics, agriculture, and urban planning, AI has the potential to significantly alter land use.
The traditional model of land investments and flipping, while perhaps successful in the past, no longer represents a viable long-term strategy. Instead, a proactive approach, emphasizing innovation and adaptability, will be key to success in the future.
This shift necessitates a keen eye toward the future and a willingness to embrace the potential of emerging technologies.
In this episode, Heather and I discuss all our plans for the future and how we plan to take advantage of these emerging opportunities.
Listen to the full episode and join us on this journey as we explore the vast potential of land and technology in the future.
Key Takeaways
Intro (00:00)
Future of land investing with AI (01:41)
AI's potential to solve global problems (07:00)
AI's impact on jobs, cities, and community connections (09:58)
Land use changes that will be impacted by AI (14:24)
Land investing, renewable energy, and environmental impact (26:09)
Real estate investing strategies and trends (33:20)
Let’s answer some questions (38:40)
Additional Resources:
The GAUNTLET 8-Week Blueprint To Land Flipping Mastery:https://gauntlet.landconquest.com/
Want us to Fund your Land Flipping Deal? https://partnerwithpete.com/
Want to discover our FREE training program? Join us at: https://landconquest.com/
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
While land flipping presents a unique opportunity for wealth creation, simply buying vacant land and finding a buyer without doing anything may not maximize your profits.
Fortunately, there are several inexpensive and practical strategies to increase the land's value further.
In this episode, Heather and I go through some innovative strategies for increasing the value of land through various enhancement techniques.
From minor subdivisions to navigating local regulations, we reveal strategies that can significantly enhance your property's worth.
However, value-add projects vary considerably in cost, time, and the ultimate impact on the property's value. It is important to evaluate the as-is value and estimated time to sell, besides any proposed value-add enhancements, and come to a decision when you have all the information.
For our business, the value-add project must significantly increase the property's value or significantly decrease the projected time it will take to resell the property.
Tune in to learn more about these opportunities and how to evaluate them.
Key Takeaways
Intro (00:00)
Increase land value with surveys (05:26)
Why you need to conduct Perc tests (10:19)
Clearing brush can be a great way to add value to a property (14:09)
Lot splitting to sell smaller parcels at a higher price per acre (19:53)
Infrastructure investments that can increase value (22:09)
Access improvement to increase value (27:32)
Feasibility studies to establish any potential concerns (30:58)
Getting permits to add value to a property (34:04)
Changing the zoning and annexation (39:47)
Let’s answer some questions (40:48)
Additional Resources:
The GAUNTLET 8-Week Blueprint To Land Flipping Mastery: https://gauntlet.landconquest.com/
Want us to Fund your Land Flipping Deal? https://partnerwithpete.com/
Want to discover our FREE training program? Join us at: https://landconquest.com/
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
Most people are well aware of the traditional real estate investment strategies, but land flipping remains misunderstood and overlooked.
It’s interesting why this is the case, considering it's one of the best investment strategies due to its huge potential for good returns. It’s also one of the least stressful real estate investments.
Heather and I are on a mission to change this by making land flipping cool. We want to educate as many people as possible about what exactly it entails, how to get into it, and some of the details that make a big impact on success.
In this episode, we explain why we chose this path over other real estate ventures and debunk some of the myths that keep many investors away from it.
From the misunderstood nature of land flipping to the strategic advantages it offers, we discuss how education and the right approach can turn land flipping into your next big win.
Plus, don't miss out on our discussion about the potential for quick sales and significant profits with minimal risk.
Curious to learn how you can double your investment in just 90 days with land flipping? Tune in now to find out!!
Key Takeaways
Intro (00:00)
Misconceptions about land investment (01:42)
The decision to choose land flipping over other investments (03:32)
Our backstory and entry into real estate (07:53)
Comparing land flipping with other real estate investments (26:17)
Challenges and benefits of land flipping (31:22)
The educational component of land flipping (37:07)
Deal funding for land flips (39:03)
Answering listener questions (43:53)
Additional Resources:
The GAUNTLET 8-Week Blueprint To Land Flipping Mastery:https://gauntlet.landconquest.com/
Want us to Fund your Land Flipping Deal? https://partnerwithpete.com/
Want to discover our FREE training program? Join us at: https://landconquest.com/
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
We noticed lots of folks in our Land Conquest Community asking questions, so Heather and I thought, "Why not make a whole episode just to answer them?"
We believe that if one person has a question, there are probably more folks out there wondering the same thing.
In our special Q&A episode, we're getting into your questions and sharing answers that can help not only those who asked but also anyone curious about the world of land flipping.
We're answering everything from due diligence and market valuation to the nitty-gritty of making your land flipping a success.
You will learn some hidden knowledge gaps, clear up common confusions, and boost your land flipping game with tips you won't find anywhere else.
So, if you're ready to turn those land investing challenges into opportunities, hit play, and let's get into it. Your next land deal might just be your best one yet.
Key Takeaways
Intro (00:00)
Land Conquest Community questions (01:42)
The importance of due diligence in land deals (07:35)
How to deal with squatters (18:26)
Land offer prices and negotiations (25:55)
Evaluating property values and pricing strategies (33:41)
Exploring deal funding options for investors (38:57)
Tips for successful cold calling in land deals (42:06)
Additional Resources:
The GAUNTLET 8-Week Blueprint To Land Flipping Mastery: https://gauntlet.landconquest.com/
Want us to Fund your Land Flipping Deal? https://partnerwithpete.com/
Want to discover our FREE training program? Join us at: https://landconquest.com/
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
Are you ready to take your land flipping game to the next level?
Join Heather and I as we reveal all the latest strategies, insights, and trends that will help you maximize profits and achieve success in the land flipping market.
From discussing changes and updates in the industry to sharing expert tips and techniques, this episode is packed with valuable information for both seasoned flippers and newcomers alike.
We discuss the shifts and nuances that have emerged in the past year that will help you find those leads, make profitable deals, and take your land-flipping business to the next level in 2024!
Tune in now to gain exclusive access to insider tips, proven techniques, and actionable strategies that can revolutionize your approach to land flipping in 2024.
Key Takeaways
Intro (00:00)
The Land flipping business model (04:31)
The potential of high returns in land flipping (08:06)
Benefits of investing in land over single-family homes (13:37)
Researching properties and the land valuation process (20:16)
Land flipping business strategies and lead generation (29:23)
Lead conversion strategies in land flipping (34:01)
Title insurance and closing process for land transactions (37:18)
All about the Partner with Pete Program (39:59)
Time to answer some questions (46:10)
Additional Resources:
The GAUNTLET 8-Week Blueprint To Land Flipping Mastery:https://gauntlet.landconquest.com/
Want us to Fund your Land Flipping Deal? https://partnerwithpete.com/
Want to discover our FREE training program? Join us at: https://landconquest.com/
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In real estate and land flipping, "land splitting" involves dividing a larger parcel into smaller lots, enhancing its value and appeal.
This practice aims to attract a broader buyer base by offering smaller plots and maximizing their potential use. The goal is to enhance the land's value and make it more profitable when reselling it.
The key is to navigate local zoning laws and regulations, ensuring a successful and legal process.
Heather and I delve into the intricacies of making profits through land splitting. We explore topics such as buying larger tracts at lower prices per acre, the significance of road frontage in property selection, and a 6-step process for finding and analyzing land for lot splits.
Tune in to listen now and transform the way you approach land flipping!
Key Takeaways
Intro (00:00)
Land splitting strategies for profit (01:33)
6-step process for finding and analyzing land for lot splits (14:00)
Targeting property owners for land deals (21:23)
Real estate investing strategies and best practices (26:17)
Due diligence processes before buying land for splitting (28:09)
Tips to consider before dividing land into smaller parcels for resale (35:03)
Deal funding for those bigger pieces of land (39:14)
Time to answer some questions (41:39)
Additional Resources:
The GAUNTLET 8-Week Blueprint To Land Flipping Mastery: https://gauntlet.landconquest.com/
Want us to Fund your Land Flipping Deal? https://partnerwithpete.com/
Want to discover our FREE training program? Join us at: https://landconquest.com/
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
Success in real estate investment is not solely dependent on a specific set of traits, but there are undeniably common characteristics shared by many prosperous investors.
I've met many super successful adventurers in this real estate world, and they all have some cool things in common.
One big superpower they have is persistence. This is the ability to keep pushing forward, even in the face of challenges. Many problems can be overcome with persistence, making it a valuable asset in the ever-evolving world of real estate.
These investors also really, really love playing the game of real estate investing. It's not just a job for them; it's like playing their favorite game and winning cool prizes. Plus, they're always learning new tricks to get even better at the game.
These are just some of the characteristics that Heather and I outline in this episode from our experiences.
Tune in to find out why these characteristics are crucial in real estate investing and how they determine success!
Key Takeaways
Intro (00:00)
Why you need persistence as a real estate investor (05:35)
How to gamify your real estate investing for success (10:38)
Always be learning as an investor (19:18)
Join a community (21:14)
Take calculated risks for investing success (24:16)
Focused on building a business, not just being a hustler (35:05)
Build a systematized approach for your business (38:31)
Time to answer some questions (39:56)
Additional Resources:
The GAUNTLET 8-Week Blueprint To Land Flipping Mastery:https://gauntlet.landconquest.com/
Want us to Fund your Land Flipping Deal? https://partnerwithpete.com/
Want to discover our FREE training program? Join us at: https://landconquest.com/
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
Ever wondered why some real estate deals flop while others flip to massive profits? Let's unravel the mystery in this week’s episode!
Heather and I open the door to the world of land flipping, share the inside scoop on our first 200 deals, and what the raw, real numbers really mean.
We go into the nitty-gritty details, offering insights into average purchase prices, revenue per deal, and average days in inventory.
You will discover what truly drives profit in land flipping, learn to identify deals that promise success and steer clear of the pitfalls that snag most beginners.
Don't miss out on these invaluable insights as we give a detailed analysis and reflection on our first 200 land flip deals.
Tune in and transform your land flipping game now!
Key Takeaways
Intro (00:00)
Inside our land flipping business (01:20)
Overview of the first 200 land flip deals (04:30)
Insights from sorting deals by profit (04:50)
Reinvesting profits and growth goals for our business (10:40)
Analysis of average purchase and resale prices (14:31)
Breakdown of top and bottom-performing deals (20:14)
Strategy shift towards more profitable deals (26:25)
Challenges with cheaper properties (33:55)
Final analysis of bottom 20% of deals (39:43)
Additional Resources:
The GAUNTLET 8-Week Blueprint To Land Flipping Mastery:https://gauntlet.landconquest.com/
Want us to Fund your Land Flipping Deal? https://partnerwithpete.com/
Want to discover our FREE training program? Join us at: https://landconquest.com/
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In real estate investing, success often hinges on the ability to think big and embrace opportunities that can lead to significant growth.
In this episode, Heather and I explore the mindset shift needed to elevate your real estate investment business to new heights.
We'll delve into various aspects, from understanding what's possible to building a solid team and focusing on deal size and quantity.
Thinking bigger in your real estate investment business is not just about dreaming larger; it's about strategically positioning yourself for success.
By understanding what's possible, studying successful figures, implementing effective lead generation, building a strong team, and focusing on deal size and quantity, you can unlock the full potential of your real estate investment endeavors.
Remember, the sky's the limit, and the effort you put into thinking bigger can yield substantial rewards in the long run.
Key Takeaways
Intro (00:00)
What’s possible in real estate investing (04:05)
Follow what successful people are doing (08:03)
Reverse engineer the math (15:18)
Think of bigger size deals (22:15)
Take calculated risks (32:44)
Invest heavily in your due diligence process (36:04)
Goals and habits (40:01)
Let’s answer some questions (41:18)
Additional Resources:
The GAUNTLET 8-Week Blueprint To Land Flipping Mastery: https://gauntlet.landconquest.com/
Want us to Fund your Land Flipping Deal? https://partnerwithpete.com/
Want to discover our FREE training program? Join us at: https://landconquest.com/
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
The year is fresh, and resolutions are swirling in the air. For real estate investors, 2024 promises a landscape ripe with opportunity.
But reaching those ambitious goals requires more than just wishful thinking.
In this episode, Heather and I discuss James Clear's Atomic Habits, a powerful framework for transforming small, consistent actions into massive results over time.
Atomic Habits is not about overnight transformations but about consistent, incremental progress.
By tweaking your environment, shifting your identity, stacking small habits, and celebrating every step, you can build a system that propels you toward your real estate investing goals in 2024 and beyond.
So, how can we apply these principles to our real estate businesses? Tune in as we break it down in this episode.
Key Takeaways
Intro (00:00)
Atomic habits for real estate investors (02:03)
Goal setting and actionable strategies (05:20)
Lead generation habits for success (09:39)
Define the habits you need in order to hit your goals (20:59)
Your habits are your new identity (23:31)
Environmental design to meet your habits (26:21)
Tracking and accountability (31:57)
Involve family for good or for bad (32:45)
Small habits compound over time (34:50)
Time to answer some questions (41:11)
Additional Resources:
Atomic Habits Book by James Clear: https://jamesclear.com/atomic-habits
The GAUNTLET 8-Week Blueprint To Land Flipping Mastery: https://gauntlet.landconquest.com/
Want us to Fund your Land Flipping Deal? https://partnerwithpete.com/
Want to discover our FREE training program? Join us at: https://landconquest.com/
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In our latest episode, Heather and I dived deep into the crystal ball to unravel the mysteries of 2024 in the world of real estate investing.
First off, we're foreseeing a nosedive in the use of text messaging for outbound leads. Regulations are tightening their grip, and cellphone carriers are throttling back on outbound text marketing.
But we've got AI riding in on a digital steed to the rescue. Heather and I share our experiences with AI tools, especially the marvel that is ChatGPT. It's not just about answering calls; we're talking about personalized responses that make your leads feel like they're chatting with a real human.
But wait, there's more! We delve into marketing trends, the impact of lower interest rates, and the allure of owner financing. We even touch on the crucial role of fantastic agents and how election years can disrupt the real estate investing space.
And that's just the tip of the real estate iceberg. We tackle regulations, the intricate dance of commercial real estate, the impact of remote work on property values, and the hurdles multifamily property owners face.
And, of course, we can't fail to talk about the latest trends in land flipping.
Join Heather and I as we dive deep into these topics and more and offer our insights and predictions.
Key Takeaways
Intro (00:00)
Text messaging as a lead source (03:14)
AI revolution in real estate investing (07:40)
Back to basics with direct mail (13:50)
Cold calling, pay-per-click, and MLS (16:11)
Cash will remain to be attractive (17:44)
Partner with Pete Program (21:51)
Trends in marketing properties (26:28)
General trends for 2024 (30:36)
2024 predictions in land flipping (38:25)
Commercial real estate and multifamily trends (46:26)
There will always be opportunities (51:00)
Time to answer some questions (52:22)
Additional Resources:
Partner with Pete as a Private Lender:https://lender.turningprofit.com/
Want us to Fund your Land Flipping Deal? https://partnerwithpete.com/
Want to discover our FREE training program? Join us at: https://landconquest.com/
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
Think flipping land is all sunshine and champagne toasts? Where land flippers are always doubling or tripling their profits? Think again!
Like any endeavor, there are bound to be bumps along the dusty road. In our own land-flipping journey, we've encountered our fair share of...challenges. Let's call them learning experiences, shall we?
But wait, there's more! This episode isn't just about wallowing in past failures. It's a treasure trove of hard-won wisdom to help YOU avoid the same pitfalls. And hopefully, by learning from our (slightly embarrassing) experiences, you can navigate your own land-flipping journey with fewer bad experiences. You'll learn:
Red flags to watch out for before you buy: Don't let your excitement blind you to hidden problems.
Smart strategies for mitigating risk
The secrets to bouncing back from bad investments: Because even seasoned pros make mistakes.
Join Heather and I as we confess our FIVE WORST real estate investments EVER on this episode of Turning Profit.
Key Takeaways
Intro (00:00)
Our first bad deal (04:48)
A motel in Wisconsin (08:57)
2 bad deals in North Carolina (13:40)
Our 5th worst deal (22:36)
Real estate investing mistakes (32:54)
Time to answer some questions (37:15)
Additional Resources:
Learn more about FREE land locations: https://turningprofit.com/blog/
The GAUNTLET 8-Week Blueprint To Land Flipping Mastery: https://gauntlet.landconquest.com/
Want to discover our FREE training program? Join us at: https://landconquest.com/
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
Land prices in the United States have soared to unprecedented heights, making it challenging for many aspiring property owners to fulfill their dreams.
However, a unique solution exists for those who seek an alternative path — free land.
In this episode, Heather and I delve into the concept of obtaining free land in the USA, examining the why, the how, and the potential catches associated with this enticing opportunity.
The tradition of offering free land in the United States has deep roots, dating back to the Homesteading Act of 1862. While the Act concluded in 1976, some small towns, motivated by the desire for economic growth and community development, have revived the concept.
As individuals settle in these towns, they become integral contributors to the community.
But as the saying goes, there's no such thing as a free lunch. The same holds true for free land.
Towns may impose certain conditions, restrictions, or obligations on the recipients of free land, ranging from development requirements to residency obligations.
Tune in to learn more about this concept and 15 places you can get free land right now across the country!
Key Takeaways
Intro (00:00)
Free land in Minnesota (04:21)
Free in Kansas (12:15)
Free land in Iowa (15:42)
Free land in Nebraska (17:23)
Free business land in Colorado (18:30)
Buffalo, New York Homestead Program (18:53)
Why cities offer free land (24:03)
Our monthly income reports (26:42)
Answering questions from the Land Conquest Community (27:33)
Additional Resources:
Learn more about FREE land locations: https://turningprofit.com/blog/
The GAUNTLET 8-Week Blueprint To Land Flipping Mastery:https://gauntlet.landconquest.com/
Want to discover our FREE training program? Join us at: https://landconquest.com/
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
Finding a lucrative side hustle can be overwhelming, with factors like time, effort, and profitability at the forefront of consideration.
In this episode, Heather and I reveal the reasons why we firmly believe land flipping to be the standout side hustle for 2024.
Land flipping is a versatile business model with possibilities ranging from making property improvements to a straightforward buy-and-sell strategy.
In less than three years, starting as a side hustle in 2021, our land flipping venture has generated nearly $5 million in gross profit. The first year alone saw over $650,000 in profit, showcasing rapid success and scalability.
These statistics underscore the potential of land flipping to transform from a part-time pursuit into a significant source of income.
Tune in to this episode to learn more about this side hustle and how to get into it with no capital required!
Key Takeaways
Intro (00:00)
The land flipping business model (03:00)
Crypto vs land flipping (10:48)
Why land flipping is the best side hustle (16:21)
Does it take money to make money? (20:03)
Scaling a land flipping side hustle (25:01)
How much profit is possible? (27:47)
The worst side hustles for 2024 (30:08)
Time to answer some questions (37:08)
Additional Resources:
Scale Your Land Flipping Business With Next-Gen Automation!https://software.landconquest.com/
The GAUNTLET 8-Week Blueprint To Land Flipping Mastery:https://gauntlet.landconquest.com/
Want to discover our FREE training program? Join us at: https://landconquest.com/
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
Scaling a land flipping business isn't just about dreams of expansion; it's a strategic move to take your venture to new heights.
However, many businesses find themselves grappling with the challenges of scaling.
It demands more than just ambition; it requires strategic planning, a strong foundation, and effective execution.
As you navigate the path to growth, remember that scalability isn't just about expansion—it's about unlocking the full potential of your land flipping venture.
In this episode, Heather and I explore key components for scaling your business, including building a dynamic team, establishing a solid foundation, implementing efficient systems and processes, generating more leads, and more.
Join us as we delve into each of these, unlocking the secrets that can reshape your land flipping journey.
Key Takeaways
Intro (00:00)
Build your team (05:10)
Build a software foundation (12:32)
Systems and processes to scale (17:23)
Get more leads and contracts (19:40)
Think bigger and get better deals (23:23)
How to fund deals as you scale (28:02)
New ways to make deals work (30:20)
Networking with other investors (33:42)
Time to answer some questions (36:40)
Additional Resources:
Scale Your Land Flipping Business With Next-Gen Automation!https://software.landconquest.com/
The GAUNTLET 8-Week Blueprint To Land Flipping Mastery:https://gauntlet.landconquest.com/
Want to discover our FREE training program? Join us at: https://landconquest.com/
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
If you're in the business of acquiring and selling land for profit, you understand the importance of turning around properties swiftly while maximizing their value.
In this episode, Heather and I offer insights and strategies to help you sell your property faster and turn your investments into lucrative returns.
As a land flipper, your ability to present a property in the best possible light is a crucial factor in selling it quickly. Invest in professional photography and drone videos to tell a compelling visual story of your land.
Transport potential buyers to the property through vivid imagery that captures its unique charm and potential. Leverage AI tools to subtly enhance visuals without compromising authenticity.
Additionally, every piece of land has a story. Craft narratives that go beyond the physical attributes, describing the lifestyle and possibilities that come with ownership. Help potential buyers envision a future on your property.
Remember, speed is crucial in this business, but so is the art of maximizing value. Tune in to this episode for more tips on selling quickly and locking in bountiful returns!
Key Takeaways
Intro (00:00)
Selling land quickly and efficiently (05:27)
Presenting the property in the best possible way (07:21)
Use a quality agent/broker to list your property (16:57)
Multiple listing services (20:05)
Using neighbor letters (25:41)
Facebook Marketplace and Craigslist to sell (35:20)
How to improve marketability (39:48)
Time to answer some questions (43:41)
Additional Resources:
The GAUNTLET 8-Week Blueprint To Land Flipping Mastery:https://gauntlet.landconquest.com/
Want to discover our FREE training program? Join us at: https://landconquest.com/
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
Maximizing profit in land flipping requires a strategic approach guided by key considerations in each phase of the deal. It's not just a matter of buying and selling. It's about making savvy decisions at every turn.
From shrewd negotiation during the purchase to managing closing costs and implementing strategic property improvements, investors can significantly enhance their gross profit margins.
By understanding these components and making informed decisions, investors can significantly enhance their gross profit on each deal, contributing to long-term success for their business.
In this episode, Heather and I delve into some strategies offering a step-by-step roadmap for investors aiming to extract the most value from each land flipping deal.
Whether you're a seasoned investor or new to the game, our episode offers actionable advice and a roadmap for success in the competitive world of land flipping.
Tune in to gain valuable insights into the comprehensive strategy that savvy land flippers employ to maximize profits on every deal.
Key Takeaways
Intro (00:00)
Gross profit for every deal (07:17)
Gross profit formula (09:46)
Purchase price negotiation tactics (17:09)
Closing costs on the purchase (22:02)
Due diligence expenses (27:13)
Property improvement/value-add expenses (30:33)
Marketing expenses (37:09)
Resale negotiation and transaction expenses (42:56)
Time to answer some questions (51:01)
Additional Resources:
The GAUNTLET 8-Week Blueprint To Land Flipping Mastery: https://gauntlet.landconquest.com/
Want to discover our FREE training program? Join us at: https://landconquest.com/
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
Flipping land can be a profitable venture, but the possibilities in your first year will depend on several factors, including your speed of learning, resources, time, experience with building a team, goals, etc.
It's essential to keep in mind your first year may not yield significant profits.
Success in this field often requires patience, market awareness, and a deep understanding of local regulations and opportunities.
Our first year in land flipping was marked by mistakes, learning, adaptation, and success. The results were impressive. We achieved $1,247,000 in revenue with a gross profit of $658,000 from 32 sales. Average gross profit per deal was approximately $20,580, and properties spent an average of 55.46 days in inventory.
The lessons and achievements of that year have set a solid foundation for our business in subsequent years to where we are now.
Join us in this episode as Heather and I reflect on our first year, all our mistakes, and the lessons we took. We also have some great tips for those who are just starting out.
Tune in!
Key Takeaways
Our starting point (05:10)
Learning curve and mistakes (11:29)
Closing the first deals and reselling the properties (17:29)
Partnership to close deals (25:27)
My first 50 deals and monthly income reports (26:50)
Our numbers from the first year (28:44)
Time commitment for successful land flipping (31:02)
How to generate leads your first year (34:20)
Educate yourself on how to evaluate deals (38:45)
Set goals for your land flipping business (44:47)
Model success on your land flipping journey (48:05)
Time to answer some questions (50:02)
Additional Resources:
The GAUNTLET 8-Week Blueprint To Land Flipping Mastery:https://gauntlet.landconquest.com/
Want to discover our FREE training program? Join us at: https://landconquest.com/
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In land flipping, finding the right method to generate leads can make all the difference. While some investors chase the latest trends and technologies, there's one method that has quietly been making millions for many in the industry – boring old direct mail.
You might wonder why direct mail is considered "boring." Well, it's not flashy, there's no high-tech wizardry involved, and it's not exactly the latest and greatest trend.
However, it's precisely this simplicity and consistency that makes it so effective. The tried-and-true nature of direct mail means it has been a reliable method for many.
Its systematized and repeatable nature ensures a consistent and reliable lead flow, setting it apart as a valuable method for investors.
The process is straightforward: draft a compelling letter, refine it over time, and change the mailing list as needed.
Want more deals? Send out more mail. It's that simple.
The focus shifts from constantly rewriting letters to finding the right areas to invest in.
In this episode, Heather and I explore how direct mail has become the cornerstone of many successful land flipping businesses and how to use it to generate leads.
Key Takeaways
Intro (00:00)
The boring direct mail approach (04:21)
Other ways to generate leads (09:15)
Advantages of direct mail (22:40)
Disadvantages of direct mail (26:32)
Getting started with direct mail (28:25)
Should you send follow-up letters (34:10)
Who to use for direct mail (35:16)
Partner with Pete Program (37:52)
Cost per deal for direct mail (42:01)
Time to answer some questions (48:07)
Additional Resources:
The GAUNTLET 8-Week Blueprint To Land Flipping Mastery: https://gauntlet.landconquest.com/
Want to discover our FREE training program? Join us at: https://landconquest.com/
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
Generating leads is the lifeblood of the land flipping business. Without a steady stream of leads, it's challenging to keep the deal pipeline flowing.
In this episode, we'll delve into various methods for generating leads and deals in the land flipping business.
One of the most common methods for lead generation is Direct Mail. Direct mail is a straightforward and repeatable approach. You can create a targeted list, choosing specific criteria such as property type, ownership duration, location, and more. Outsourcing the mailing process is recommended for efficiency.
But this is just one method. We have many more, including:
Cold Calling,
Outbound Texting
TV ads
Pay Per Click
Social media ads
SEO
Repeat sales and referrals
Each of these lead generation methods has its advantages and considerations to make before using it to generate leads.
Whether you're an experienced land flipper or just starting out, understanding these lead generation strategies is essential. By mastering the art of lead generation, you can pave the way for a thriving land flipping business.
Remember that not every lead will convert into a deal, and due diligence is essential in ensuring a successful transaction. Never ever force a deal.
Tune in for a deep dive into these lead generation strategies and find out which best suits your business!
Key Takeaways
Always have leads (02:15)
Gauntlet mentorship program (05:55)
The stages a lead goes through (14:04)
Don't force a deal even with little deals (16:20)
How to calculate cost per deal (19:30)
Why direct mail works for land flipping deals (21:54)
Offer letters vs neutral letters (25:)
Cold calling to find leads (28:54)
Outbound texting for leads (30:50)
TV ads, Pay Per Click, Social Media ads, and SEO (34:40)
Repeat sales and referrals (46:45)
Looking for value-add opportunities (54:49)
Time to answer some questions (56:19)
Additional Resources:
The GAUNTLET 8-Week Blueprint To Land Flipping Mastery:https://gauntlet.landconquest.com/
Want to discover our FREE training program? Join us at: https://landconquest.com/
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
When it comes to land flipping, one crucial factor is the ability to determine whether a potential property is worth pursuing or not. Having a clear set of criteria can make this decision-making process more efficient and less emotional.
In this episode, we discuss the essential steps for setting criteria and determining if a land deal is worth your time and resources. In our case, we aim to double our investment in the property.
Even though this doesn't always happen, it is a good criterion for looking at deals. This benchmark allows room for profit even after considering commissions, closing costs, and due diligence expenses.
Ultimately, each land investor may have slightly different criteria based on their experience and risk tolerance.
As you gain experience in the field, you can refine your criteria to suit your investment style and market conditions. This personalized "rule of thumb" will help you quickly evaluate potential deals.
Tune in to this episode to learn more about our criteria for determining a good deal and other factors we look at, including the exit price.
Key Takeaways
Intro (00:00)
Investing vs. Gambling (02:45)
Figuring out what a good deal is (08:25)
There's always another deal (16:09)
New social handles – Partner with Pete (19:40)
Establishing criteria for a deal (21:13)
How to determine the exit price (26:31)
Never base your projections on listed properties (32:46)
How to look at the history of comps (39:22)
You've got to buy it right (42:50)
Time to answer some questions (43:52)
Additional Resources:
Want to discover our FREE training program? Join us at: https://landconquest.com/
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
Like many economic activities, the ethics of land flipping can be a matter of debate. This is especially true when the buyer makes a huge profit margin.
In a recent land flipping case posted in our community, an investor purchased two side-by-side lots, totaling one acre, for $1,000 and subsequently sold them for $55,000. The return on investment was indeed impressive, reaching over 5,000%.
This exceptional profit margin sparked both excitement and controversy.
This is the basis of our episode this week. We try to navigate the tricky question of the ethics behind land flipping, how much profit is too much, and where to draw the line.
But it's evident in our book that when you have a seller and a buyer that negotiate and come to an agreement for a deal, there's no ethical or unethical profit number.
One of the core tenets of ethical land flipping is the importance of transparency and fair negotiation.
However, there are some instances where you should outrightly walk away from a deal that may be considered unethical.
Join us in this episode as we explore the ethical dimensions of land flipping and tips on what constitutes a fair and responsible transaction.
Key Takeaways
Ethics of land flipping (02:02)
The mindset of land sellers (09:15)
When to walk away from a deal (21:12)
Who land flipping offers work for (26:05)
Who it doesn't work for (33:37)
Where to draw the line (34:49)
Land Conquest community (39:50)
Partner with Pete Program (41:22)
Mentorship program coming soon (46:05)
Let’s answer some questions (47:01)
Additional Resources:
Want to discover our FREE training program? Join us at: https://landconquest.com/
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
For many real estate agents, the profession is not just about facilitating transactions; it's a stepping stone toward their dream of becoming real estate investors.
They enter the industry with a passion for property and a desire for financial freedom.
Yet, the path from agent to investor can seem daunting.
What many agents don't know is that the same skills acquired during their time as agents can be invaluable in real estate investing.
Some of these skills include:
Contracts Expertise: Real estate agents are well-versed in handling contracts, which is a fundamental skill for any investor.
Masterful Negotiation: Negotiation is the lifeblood of real estate transactions, and agents excel in this area. Their knack for striking beneficial deals can prove invaluable when negotiating purchases and sales in the investment arena.
People Skills: Real estate is fundamentally a people business. These interpersonal skills are pivotal for fostering positive relationships and managing expectations—an essential trait for successful investors.
Problem-Solving Prowess: Real estate transactions often present challenges, and agents have honed their problem-solving abilities to navigate these hurdles effectively. In the world of investing, where unexpected issues arise, this skill is a game-changer.
In this episode, we'll explore how real estate agents can leverage their acquired skills to confidently transition into real estate investing, with a focus on land flipping as a viable and profitable option.
Key Takeaways
Intro (00:00)
Why real estate agents can easily transition to investors (01:51)
Our journey through investing (04:35)
Real estate agent work vs. real state investing (16:51)
The big skills real estate agents acquire (24:26)
How to leverage these skills in investing (29:49)
How agents typically start investing (30:49)
Land flipping as a robust alternative strategy (34:18)
Partner with Pete (35:39)
Ready for some question (49:21)
Additional Resources:
Want to discover our FREE training program? Join us at: https://landconquest.com/
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this week’s episode of the Turning Profit podcast, we break down the main differences between land flipping and multifamily apartment investing.
Both of these real estate models have their own pros and cons, and we’ll be going through each one of them.
This is the first episode in our new comparison series, and we hope you’ll stay with us for the rest of the series (we promise, you won’t regret it).
And as always, we’ll also be answering some of the best questions we’ve received this week from our land flipping community.
Ready to learn more?
Let’s dive in.
Key Takeaways:
Introduction (00:00)
Understanding rental properties (14:16)
Let’s talk about land flipping (29:19)
Comparing the two (40:30)
Ready for some questions? (45:02)
Additional Resources:
Want to discover our FREE training program? Join us at: https://landconquest.com/
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this week’s episode of the Turning Profit podcast, Heather and I share with you our complete guide to setting up your land flipping business.
We discuss everything, from how to get your logo designed to the best way to get a website made to setting up your legal entity for as little as $50.
We’ll also be talking about our brand new Land Conquest Business System, so you really don’t want to miss this episode!
Ready to learn more?
Let’s dive in.
Key Takeaways:
Introduction (00:00)
Pick a name! (09:59)
Figure out your branding (14:18)
Build your website (17:20)
Get a phone number and a professional email address (21:07)
How about a physical address? (25:15)
Create an entity (28:57)
Optional: A phone answering system (34:55)
The Land Conquest Business System (37:10)
Q&A time! (40:49)
Additional Resources:
Want to discover our FREE training program? Join us at: https://landconquest.com/
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this week’s episode of the Turning Profit podcast, Heather and I discuss how you can research properties and find the right ones for your land flipping business.
Not all properties are made equal, and while some can be flipped quickly and for great profit, others, not so much.
This is why today we decided to share with you our complete guide on how we research the properties we invest in.
We’ll also be answering questions from our land flipping community (and if you haven’t joined yet, what are you waiting for?!) so make sure to listen till the end!
Ready to learn more?
Let’s dive in.
Key Takeaways:
Introduction (00:00)
On-site inspection (15:51)
Broker opinion (25:40)
Title report (36:06)
Due diligence report (42:06)
Let’s answer some questions! (48:12)
Additional Resources:
Want to discover our FREE training program? Join us at: https://landconquest.com/
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this week’s episode of the Turning Profit podcast, Heather and I will be answering one question: What is land flipping?
We’ll be sharing with you a complete guide to the land flipping process, from getting the deals to marketing them to the closing process and everything else in between.
And as always, we’ll also be answering some of our community’s most burning land flipping questions, so make sure to listen till the end.
Well then, what are you waiting for?
Tune in now.
Key Takeaways:
Introduction (00:00)
Have you joined our community yet? (06:34)
The basic land flipping business model (11:59)
How we find deals (16:56)
How to convert leads to deals (23:23)
The closing process (28:46)
How to fund your purchase (31:21)
Reselling the property (35:48)
Closing your transaction and getting paid (37:52)
Time to answer some community questions (38:54)
Additional Resources:
Want to discover our FREE training program? Join us at: https://landconquest.com/
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this week’s episode of the Turning Profit podcast, Heather and I will be discussing one of our most successful deals ever.
Why is this deal so special?
Simply because this property made us a 320% return on investment in 44 days.
Yes, you’ve read that right. We owned that land for less than 2 months, and more than tripled our money when we sold it.
And because you guys seem to really enjoy these types of episodes, we thought why not share with you our step-by-step process for this deal?
Plus, as always, we’ll be answering some of the best questions from our land flipping community, so make sure to listen till the last minute.
We hope you’re ready!
Tune in now.
Key Takeaways:
Introduction (00:00)
What are we talking about today? (11:55)
How it all started (15:22)
How we flipped this property (24:06)
Let’s answer some questions (34:33)
Additional Resources:
Want to discover our FREE training program? Join us at: https://landconquest.com/
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
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Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this week’s episode of the Turning Profit podcast, Heather and I will be discussing our craziest (or at least most peculiar) deal yet: A lake.
Yes, believe it or not, we bought a lake, and then we flipped it!
Want to join us on this adventure and learn more about why we made this decision?
If so, tune in now.
Well then, what are you waiting for?
Let’s dive in!
P.S: As always, we’ll also be answering the best questions from our land flipping community this week (and if you haven’t joined yet, then what are you waiting for?!), so make sure to listen till the very last minute!
Key Takeaways:
Introduction (00:00)
Let’s talk about Land Conquest (08:31)
Time to discuss the lake (15:36)
Flipping our lake (28:32)
Would we do this deal again? (31:10)
Let’s answer some questions (35:06)
Additional Resources:
Want to discover our FREE training program? Join us at: https://landconquest.com/
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
If you're venturing into the world of land flipping or have been doing it for a while, it's essential to be aware of the types of land to avoid at all costs.
While there are various strategies to make money through land flipping, focusing on quality properties is crucial. The first step is recognizing the difference between calculated risks and outright gambles.
If a property aligns with your objectives and exhibits potential for appreciation, it might justify taking a risk. On the other hand, speculation and gambling come into play when dealing with properties that lack a discernible price point or solid data for valuation.
While some investors specialize in dealing with specific types of challenging properties, it's generally advisable to avoid land types that pose significant obstacles to development, usability, and reselling.
Staying focused on quality properties that can be listed at competitive prices and sold quickly is the key to a thriving land flipping venture.
In this episode, Heather and I take you through our philosophy on land flipping and the criteria for a good land deal.
Tune in for some tips on the land types you should avoid at all costs to ensure a successful land flipping venture.
Key Takeaways
Introduction (00:00)
Don't force a land deal (11:20)
Criteria for a good deal (16:12)
How to correctly evaluate properties (20:36)
Our philosophy on the land we flip (26:16)
Problematic examples of properties to avoid (29:09)
Let's answer some questions (45:45)
Additional Resources:
Want to discover our FREE training program? Join us at: https://landconquest.com/
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this week’s episode of the Turning Profit podcast, Heather and I will be discussing what it takes to become a successful land flipper.
This episode is going to be full of advice that’s applicable to people in many different stages of their land flipping business. So, even if you’re just gotten started, this is for you!
And as always, we’ll also be answering a bunch of fun questions from our land flipping community (and if you haven’t joined yet, what are you waiting for?) so make sure to listen till the end!
Are you ready?
Let’s dive in!
Key Takeaways:
Introduction (00:00)
What is success? (17:27)
The characteristics of a successful land flipper (24:35)
The skills you need to be a successful land flipper (34:03)
What does it take to do this at a very high level? (42:27)
Let’s answer some questions! (47:40)
Additional Resources:
Want to discover our FREE training program? Join us at: https://landconquest.com/
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this week’s episode of the Turning Profit podcast, Heather and I will be sharing with you how you can scale your business.
As you might already know, scaling is the process of expanding your business in one or multiple categories.
When it comes to land flipping, that actually means multiple things: You could scale your revenue, your profits, your transactions, or even your property types.
If you decide this is for you, then planning your scaling will be essential to your success.
And this is exactly what we’re here to help you with!
Plus, as always, we’ll also be answering some questions from our community members at the end of the episode, so make sure to listen till the last minute!
Are you ready?
Let’s dive in!
Key Takeaways:
Introduction (00:00)
Today’s topic is… (01:11)
How to scale your land flipping business (17:57)
Major scaling considerations (19:03)
Let’s talk finances (20:23)
Business model effectiveness (24:19)
What about operations? (26:41)
Team building (33:20)
Are you ready to take on some risk? (38:51)
Let’s answer some questions (45:03)
Additional Resources:
Want to discover our FREE training program? Join us at: https://landconquest.com/
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this week’s episode of the Turning Profit podcast, Heather and I will be answering ALL your land flipping questions in our third Q&A of the season!
We’ll be discussing all the fun stuff, from how you can partner with Pete to our favorite payment processor to whether or not you should deal in non-disclosure states and more.
If this sounds like something you’re interested in (and we’re certain it is), make sure to tune in.
Are you ready?
Let’s dive in!
Key Takeaways:
Introduction (00:00)
It’s time for another Q&A (02:03)
Land reviews by Pete (12:25)
Let’s answer Daniel’s question (14:47)
Down payment on a note (17:58)
Partnering with Pete 101 (20:32)
Cash and trade deals (22:27)
Let’s talk about non-disclosure states (24:54)
How to market a property (28:38)
Payment processor question (31:01)
Under contract but no comps? (32:13)
Returning calls: Yay or nay? (35:59)
An example deal for you (38:01)
Additional Resources:
Want to discover our FREE training program? Join us at: https://landconquest.com/
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this week’s episode of the Turning Profit podcast, Heather and I will be discussing some land flipping issues you might have to deal with… and how to troubleshoot them.
We will be discussing everything, from the problems you can fix, like title issues and oversights (from you and others), to the ones you can’t always fix, like due diligence issues, bad neighbors, or unmotivated sellers.
And, as always, we’ll also be answering some questions from our land flipping community (have you joined yet? Because we’re waiting for you!), so make sure to listen ‘till the last minute.
Are you ready?
Let’s dive in!
Key Takeaways:
Introduction (00:00)
Problems in the land flipping business (03:51)
Acquisition problems (17:25)
Dealing with due diligence issues (32:15)
Marketing problems and how to deal with them (37:41)
Let’s talk about resale (41:58)
Fixable vs. unfixable land flipping issues (46:53)
Q&A time! (49:08)
Additional Resources:
Want to discover our FREE training program? Join us at: https://landconquest.com/
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this week’s episode of the Turning Profit podcast, Heather and I break down how you can invest in land without using any of your money.
“How do I invest in land without using my own money?” is one of the most common questions we get in our land flipping community, and today, we’ll be sharing the answer with you.
Plus, as always, we’ll also be answering some other questions from our land flipping community (and if you haven’t joined yet, we only have one question for you: What are you waiting for?!), so make sure to listen ‘till the last minute.
Are you ready?
Let’s dive in!
Key Takeaways:
Introduction (00:00)
This week’s real estate news (02:15)
Investing in land without using your own money (11:49)
The Partner With Pete program (25:39)
Let’s answer some frequently-asked questions! (34:31)
Q&A time (39:04)
Additional Resources:
Want to discover our FREE training program? Join us at: https://landconquest.com/
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this week’s episode of the Turning Profit podcast, Heather and I break down the letter we send to landowners for you.
This is the letter we send out to generate all of our deals, and today, we’ll be going through it piece by piece.
Plus, as a bonus, we’ll also be sharing with you where you can actually get a copy of the letter so you can use it yourself!
And as always, we’ll be answering some questions from our land flipping community (if you haven’t joined yet, what are you waiting for?) at the end of the episode, so make sure to listen till the last minute.
We promise, it’s worth it.
Are you ready?
Let’s dive in!
Key Takeaways:
Introduction (00:00)
Let’s talk about some news (01:35)
The letter we send to landowners (08:09)
A breakdown of the letter (11:24)
Where to find our letter template (36:51)
Let’s answer some questions (37:58)
Additional Resources:
Want to discover our FREE training program? Join us at: https://landconquest.com/
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this week’s episode of the Turning Profit podcast, Heather and I share with you how we evaluate land remotely from anywhere in the world and how you can do the same.
If you’re anything like us, then you enjoy traveling and discovering new places, but you still want to be able to do land flipping.
And we’re here to tell you: You don’t need to see a property in person to know whether or not it’s the right one to invest in.
Lucky for you, we’ve been there, and we’ve created our own process to evaluate land without ever seeing it in person.
And today, we’re sharing that with you.
Are you ready?
Let’s dive in!
Key Takeaways:
Introduction (00:00)
Let’s talk about some news (00:48)
Let’s talk about today’s subject (12:54)
Our initial evaluation (21:24)
How we use Google Earth (24:22)
County GIS (27:54)
It’s time for you to check out our checklist (29:45)
How we evaluate after getting a property under contract (38:33)
Let’s answer some questions! (46:44)
Additional Resources:
Want to discover our FREE training program? Join us at: https://landconquest.com/
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
In this week’s episode of the Turning Profit podcast, Heather and I break down the land flipping business model for you.
She and I are going to be sharing with you ALL of the major steps of the business model you need to know so that you can learn how to flip land from beginning to end.
Of course, we won’t be going into all the small details (that would need a few more episodes), but if you’d like to learn more, you can join our free training program, Land Conquest (you can find the link below).
But for now, if you’d like to learn more about the big steps, then this episode is for you. Plus, as always, we answer some questions from our land flipping community at the end of the episode, so make sure to listen till the last minute.
All right, enough talk, and let’s dive in!
Key Takeaways:
Introduction (00:00)
Why land? (04:40)
How land flipping works (10:17)
Why you should research the market (12:19)
Time to build a list (17:47)
Let’s talk about mail (21:19)
Respond to incoming leads (24:59)
Get under contract (31:52)
Don’t forget to do your due diligence (33:40)
Property marketing 101 (39:33)
Closing the resale transaction (43:19)
What should your goals be? (49:07)
Let’s answer some questions (49:55)
Additional Resources:
Want to discover our FREE training program? Join us at: https://landconquest.com/
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this week’s episode of the Turning Profit podcast, Heather and I share with you some great news!
If you’ve been listening to the podcast for a while, then you know we’ve been working on a free land flipping training program to share with you.
Well, we’re happy to let you know that Land Conquest is finally ready for you and we can’t wait for you to join us on this exciting journey.
If you want to learn more about the course and why you need it (and we’re serious when we say “need”), then this episode is an absolute must-listen.
Are you ready?
Let’s dive in.
Key Takeaways:
Introduction (00:00)
Let’s talk about Land Conquest! (02:53)
The first level (07:10)
Level two (15:00)
Level three (19:08)
Level four (20:42)
Level five (25:04)
Level six (27:18)
Level seven (32:42)
Level eight (34:02)
Level nine (36:47)
Level ten (37:34)
Additional Resources:
Want to discover our FREE training program? Join us at: https://landconquest.com/
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this week’s episode of the Turning Profit podcast, Heather and I discuss another veeeery important subject (I know, we say this every episode, and we’re right every episode!): How to make sure you don’t get stuck with a bad contract.
Being able to spot contract pitfalls and red flags is a skill many of us develop after falling for a few bad ones.
However, you don’t have to, because we’re here to help you weed out the bad contracts from the good ones.
In this week’s episode, Heather and I will be sharing with you ALL the things to look out for before signing a contract, from sale contingencies to how the buyer is going to pay for the property and everything in between.
Are you ready?
Let’s dive in.
Key Takeaways:
Introduction (00:00)
What’s the news this week? (05:58)
Review your offers (12:49)
How is the buyer paying for the property? (24:56)
Sale contingencies (28:56)
Other contingencies to look out for (33:41)
Questions for Pete (40:58)
Additional Resources:
Want to discover our FREE training program? Join us at: https://landconquest.com/
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this week’s episode of the Turning Profit podcast, Heather and I discuss something super crucial for all land flippers and investors out there: What makes a quality piece of land.
As we’ve said time and time again, not all lands are equal. Some are better than others. And some are much much worse.
And today, to help you weed out the good from the bad in order to find great opportunities, we’ll be sharing with you our very own land quality checklist.
And trust us when we say this checklist goes deeeeep into what makes a land worth investing in. We’re talking neighbors (bad ones can make your land unsellable), we’re talking landscape, we’re talking location, and everything in between.
And as always, we’ll also be answering a few interesting questions from our land flipping community, so make sure to listen till the last minute!
Are you ready?
Let’s dive in.
Key Takeaways:
Introduction (00:00)
Why access is important (18:40)
Don’t forget your topography (23:21)
Minimal wetlands is always good (25:21)
Minimal FEMA flood zone is great (30:25)
As they say, location, location, location! (33:51)
Your neighbors can make or break a deal (37:23)
Let’s answer some questions (44:24)
Additional Resources:
Want to discover our FREE training program? Join us at: https://landconquest.com/
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
----
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this week’s episode of the Turning Profit podcast, Heather and I are talking about something everyone in the land flipping field should become familiar with: How to increase the value of raw land.
A lot of times, people in real estate think that adding value means fixing and flipping. And generally, that’s true for residential real estate.
But when it comes to land, things are not as straightforward.
Still, there are a number of things you can do to add value to raw land, and this is exactly what we’ll be sharing with you in this episode of the Turning Profit podcast.
And as always, keep listening until the very end, because we’ll be answering a few interesting questions from our land flipping community (and if you haven’t joined yet, what are you waiting for?!)
Are you ready?
Let’s dive in!
Key Takeaways:
Introduction (00:00)
Let’s discuss some current events (02:17)
Why you should get a survey done (08:31)
The importance of brush clearing (15:07)
Let’s talk about infrastructure (20:36)
Access improvement (26:35)
What is a feasibility study? (30:31)
Zoning talk (37:31)
Should you do any of this? (43:49)
Let’s answer some questions (45:45)
Additional Resources:
Want to discover our FREE training program? Join us at: https://landconquest.com/
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
----
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this week’s episode of the Turning Profit podcast, Heather and I will be discussing something extra important for all land flippers out there: How to find the best real estate agents and brokers to resell your land flips.
Why is this such a crucial step of the land flipping process?
Simply because no matter how good of a deal your land is, if you don’t have the right person pitching it, you will not be able to sell it for the price you want and you deserve.
And that’s definitely one thing we don’t want to happen.
Which is why, today, Heather and I will be sharing with you all of our tips and tricks to find the best real estate agents for you.
Are you ready?
Let’s dive in!
Key Takeaways:
Introduction (00:00)
Let’s talk about some real estate news (01:12)
What are we talking about today? (06:39)
How to find the right agent or broker (09:06)
The qualities of the right agent or broker (15:03)
Where to find the right agent or broker (22:32)
You HAVE to sell yourself (36:11)
Let’s answer some questions (45:07)
Additional Resources:
Want to discover our FREE training program? Join us at: https://landconquest.com/
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
----
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this week’s episode of the Turning Profit podcast, Heather and I will be discussing a suuuuper important subject for real estate investors and aspiring land flippers: Due diligence.
Due diligence is a step every land flipper and investor has to go through.
Why?
Simply because sometimes what you think you’re buying is not really what you’re getting. And once you’ve signed those papers and closed the deal, it’s too late to back down when you find out what you invested in (be it a land or a house or a commercial lot) has unplanned issues.
I know, scary, right?
This is why today Heather and I decided to share our due diligence checklist with you!
Tune in now to learn everything you need to know about the subject (plus, as always, we answer questions from our land flipping community, and we know you don’t want to miss that).
Are you ready?
Let’s dive in!
Key Takeaways:
Introduction (00:00)
More about our free training program (01:49)
Let’s talk about some current events (03:06)
Let’s discover the checklist (08:35)
Check for buildability (16:29)
Why a perc test is important (26:09)
Don’t forget the BPO (34:24)
Let’s answer some questions! (38:18)
Additional Resources:
Want to discover our FREE training program? Join us at: https://landconquest.com/
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
----
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
Have you ever sent out a batch of mail only to be met with crickets?
Are you tired of spending money on direct mail campaigns that don't deliver results?
If you're an investor who relies on direct mail to generate leads and close deals, you won't want to miss this week's episode.
We're talking about the common mailing mistakes that can derail your campaigns and leave you empty-handed.
From pricing too low in a hot market to improper positioning of your letter and brand, we're covering the missteps that can cost you time, money, and opportunities.
Join us as we dive deep into the dos and don'ts of direct mail, and learn how to avoid the pitfalls that plague many investors.
Tune in now to get the inside scoop and take your direct mail game to the next level!
Let’s dive in!
Key Takeaways:
Introduction (00:00)
JPMorgan Chase is becoming even bigger (02:36)
What is happening in the land market? (07:38)
Pete’s mailing mistake - pricing too low in a hot market (11:35)
Ultra-hot / ultra-competitive markets and areas with limited sales activity (22:50)
Improper positioning of your letter and brand (27:31)
Inconsistent mailing schedule (30:54)
Why we won’t return to Facebook ads (44:12)
Questions from our land-flipping community (46:32)
Additional Resources:
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
----
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this week’s episode of the Turning Profit podcast, Heather and I will be sharing with you how to negotiate like a pro.
One of the most important steps of a deal, negotiation can still seem like an afterthought.
For many, it even feels a bit wrong. After all, you’re trying to drive the price down (or up if you’re selling), and that can be difficult for a lot of people.
But no worries, because as always, we are here to help!
Heather and I had to learn how to negotiate, and today, we’re sharing with you aaaaaall of our tips so that you don’t make the mistakes we did when we started our real estate journey.
So, whether you’re a veteran in real estate or you’re just dipping your toe in the pond of investing, this episode is for you.
Plus, as always, we’ll be answering a few questions from our land-flipping community (have you joined yet? If not, what are you waiting for?!), so make sure to listen until the last minute if you don’t want to miss anything.
Are you ready?
Let’s dive in!
Key Takeaways:
Additional Resources:
Read our monthly income reports.
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals.
Follow Heather on Instagram here.
Follow Pete on Instagram here.
----
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this week’s episode of the Turning Profit podcast, Heather and I will be sharing with you the scripts we use to ask sellers questions before buying land.
You see, as we’ve stressed over and over again in the last few episodes, not all lands are created equal.
Separating the bad deals from the good deals and the good deals from the truly great ones takes a lot of work and a whoooole lot of questions.
Lucky for you, we’re here to share our knowledge!
Tune in now to discover all of the questions we ask land sellers before closing a deal, from something as simple as ‘What can you tell me about the land?’ to more important questions like ‘Is there any money owed on this property?’
Asking these questions will help you decide whether or not the deal is worth it.
Are you ready to learn more?
Let’s dive in!
Key Takeaways:
Introduction (00:00)
What’s in the news, Heather? (01:43)
Today’s subject (23:02)
The questions you need to ask sellers (24:06)
Answering some questions from our community (48:28)
Additional Resources:
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
----
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this week’s episode of the Turning Profit podcast, Heather and I will be discussing how you can evaluate land before buying.
Yes, yes, we’re fiiiiinally tackling this subject.
Many of you have been asking us how we evaluate the properties we buy, and today, we’ll be sharing all of our tips with you.
You see, not all land flipping properties are worth investing in.
Many that look good on paper can be a complete nightmare for everyone involved, which is why knowing what to look for and how to look for it is crucial.
Listen in as Heather and I discuss this and answer a bunch of other questions from our land flipping community.
Well then, what are you waiting for?
Tune in now!
Key Takeaways:
Introduction (00:00)
What are we talking about today? (03:29)
The county, the state, and the APN (14:38)
Why it’s important to check the access (16:23)
Let’s talk about wetlands (20:59)
The FEMA flood zone (22:19)
What is the topography telling you? (24:23)
The landscape also matters (26:40)
The impact of neighboring properties (30:21)
Let’s answer some questions! (38:19)
Additional Resources:
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
----
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this week’s episode of the Turning Profit podcast, Heather and I will be discussing the eight types of land you should never buy.
Yes, yes, even we draw the line at some of these, because not every land is worth investing in, no matter how good of a deal it looks like on the outside.
A lot of properties like the ones we talk about today might look attractive on paper, but in reality, they are a land flipper’s nightmare!
Why is that?
This is the question we answer in this episode of the Turning Profit podcast, so, if you’d like to learn more, make sure to listen (or watch).
Are you ready?
Let’s dive in!
Key Takeaways:
Introduction (00:00)
Let’s talk about some current real estate events (02:13)
Landlocked lands (14:33)
Mountainous properties (19:36)
Properties with expensive issues (21:04)
Wetlands (22:55)
FEMA flood zones (24:38)
Land under high tension electrical lines (27:04)
Strangely-shaped properties (30:51)
Lands with no water or failed a perc test (34:29)
Let’s answer some questions (43:48)
Additional Resources:
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
----
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this week’s episode of the Turning Profit podcast, Heather and I are talking about the many many possibilities that come out of land flipping.
You see, many investors, when they start land flipping, stick to residential lots or residential properties.
And sure, there’s nothing wrong with that. That type of property is a safe and sure investment, so really, what’s not to love?
However, today, Heather and I are here to ask you to open your horizons (we’re about to show you a whole new world) to all the other types of lots you can and should invest in.
Succeeding in land flipping is all about thinking outside the box (or getting rid of the box altogether), and the best way to do that is by moving beyond residential properties.
What can you invest in instead?
This is the question we answer in this week’s episode of the Turning Profit podcast.
Are you ready?
Let’s dive in!
Key Takeaways:
Introduction (00:00)
What’s going on in the world of real estate? (00:59)
The tale of two agents (09:34)
Moving beyond residential lots (16:08)
A few examples from our deals (20:05)
Let’s talk about lending (26:36)
A quick Q&A (31:57)
Additional Resources:
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
----
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this week’s episode of the Turning Profit podcast, Heather and I are talking about something suuuuper important: The top eight mistakes you need to avoid in land flipping.
You see, it’s easy to make some mistakes when starting a new land flipping business. But the ones we’re talking about today could ruin your land flipping endeavors before you even get your first deal.
Some of these mistakes are easy to correct, others, not so much.
We thought we’d share them with you because we’ve learned from them. And we thought so can you!
Plus, we also answer some questions from our land flipping community at the end of the episode, so make sure to listen till the last minute!
All right, are you ready?
Let’s dive in!
Key Takeaways:
Introduction (00:00)
Are you sending enough mail? (07:55)
Don’t buy property that isn’t a deal! (11:39)
What are problem properties? (12:56)
Are you responding to leads quickly enough? (15:54)
Don’t send mail to the wrong areas (17:30)
Be careful with this pricing mistake (19:09)
Make sure to hire the right agent (22:27)
Consistency is key! (29:58)
A quick Q&A (35:02)
Additional Resources:
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
----
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this week’s episode of the Turning Profit podcast, Heather and I are talking about something every real estate agent should know: Land flipping.
I know, I know, we’re aaaaaalways talking about land flipping.
But that’s for a reason!
And the reason is that land flipping is a pretty lucrative real estate business model. And it’s a business model that can turn into the ultimate side hustle, especially for real estate agents.
Why is that?
This is exactly what we’ll be discussing today!
Are you ready?
Let’s dive in.
Key Takeaways:
Introduction (00:00)
What are we talking about today? (02:22)
Land flipping basics (07:58)
Why we always use a real estate agent (14:17)
Why real estate agents have an advantage (22:30)
30 days are enough to learn! (28:01)
Our upcoming training program (29:36)
Additional Resources:
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
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Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this week’s episode of the Turning Profit podcast, Heather and I are going to be discussing how you can fund your land flipping deals without using any of your own money.
Sounds too good to be true?
Well, we’re here to tell you it isn’t!
Just because you don’t have tens of thousands of dollars ready for your next land flipping venture doesn’t mean you can’t start a land flipping business.
Because, believe it or so, there are ways to build a successful land flipping business with no money out of pocket (and we truly mean no money).
Curious to know how this works?
Tune in now to learn more!
Key Takeaways:
Introduction (00:00)
Let’s talk about… money! (00:55)
How to fund your land deals with none of your money (06:35)
Why we never hold out for top dollar (17:00)
How to get connected with deal funders (24:37)
Who shouldn’t look for a funding partner? (30:04)
Let’s answer some questions! (34:34)
Additional Resources:
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
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Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this week’s episode of the Turning Profit podcast, Heather and I are continuing on with last week’s episode and answering all of your most burning land flipping questions.
Today, we will be tackling a bunch of interesting questions, from how to make your lead process more efficient to whether or not you need to set up an LLC for your land flipping business to when you should clear a land and more.
If you’ve been wanting to know the answers to questions like these, then this episode is a hundred percent for you!
Well then, what are you waiting for?
Tune in now!
Key Takeaways:
Introduction (00:00)
Answering a question about capital gains tax (03:53)
How to work with a smaller budget (08:27)
What about an LLC? (11:36)
Here’s how we get leads (13:08)
Should you perform a perc test? (16:30)
About our monthly reports (20:16)
Answering Matt’s question (23:24)
About purchasing properties on terms (26:47)
One-page letters vs. two-page letters (29:31)
What about deal funding? (31:50)
Using IRA to purchase land: Yay or nay? (33:18)
Do you need a more advanced entity structure? (36:46)
The best counties for land flipping? (38:57)
Do you have to clear land before selling? (39:28)
Additional Resources:
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
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Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this week’s episode of the Turning Profit podcast, Heather and I are doing a … DRUMROLL… Q&A!
Yes guys, many of you have been messaging us and commenting and tweeting at us with all kinds of questions about land flipping.
And so we thought why not answer aaaaall of our community’s questions together in one episode.
Listen in as Heather and I go through all of your questions, from how to learn our step-by-step process to where to find investor-friendly realtors and more.
Are you ready?
Let’s dive in!
Key Takeaways:
Introduction (00:00)
Answering your first question (05:35)
A question from Steven (11:47)
All about direct mail (15:45)
Let’s talk about direct mail volume (20:10)
The waiting game (24:11)
How to find investor-friendly realtors (28:01)
Where to learn our process (37:15)
The last two questions (39:48)
Additional Resources:
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
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Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this week’s episode of the Turning Profit podcast, Heather and I share with you how you can build the best real estate investing business from scratch in 2023.
You see, building a real estate business isn’t easy, no matter how simple we make it look.
It took us a lot of work and time to get where we are today. And we decided to share our knowledge with you guys, because even though we went into real estate investing nearly blind, you don’t have to.
So, if you’d like to learn everything you need to know to build a super successful real estate investing business in 2023, then congrats, you’re in the right place!
Are you ready?
Let’s dive in!
Key Takeaways:
Introduction (00:00)
What we’re talking about today (00:52)
The best real estate business model in 2023 (03:55)
How our daughters made money from land flipping (11:41)
How to build your land flipping business in 2023 (16:11)
What to do if you want to set up an entity (27:57)
Time to build your list! (39:57)
Why you should always get title insurance! (47:54)
How to be a real real estate professional (59:25)
Additional Resources:
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
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Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this week’s episode of the Turning Profit podcast, Heather and I sit down with the one and only Sam Primm.
Sam is a father, husband, entrepreneur, mentor, and real estate investor. He is also the founder of Faster Freedom, the nation’s premier real estate investing education company.
Before discovering real estate, Sam thought he would have a normal life. Work a nine to five job, retire at 65, never build his own thing… But, that all changed when Sam decided to invest in real estate!
Today, he has built his own wealth, created financial freedom for him and his family, and he is now teaching his knowledge to others all around the country.
In this episode, Sam is here to discuss how to build your wealth… without using your own money!
Impossible?
Not for Sam!
Tune in now for more.
Key Takeaways:
Introduction (00:00)
Are you willing to go into debt? (02:59)
What happened when Sam quit his job (08:47)
Sam’s first deal ever (15:01)
Why the right partnership can make or break your business (21:56)
The education products Faster Freedom offers (26:35)
The value of great social media marketing (30:45)
Let’s talk about hate comments (39:45)
Sam shares his future plans with us (42:58)
The last few questions (46:58)
Additional Resources:
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
Connect with Sam:
Learn more about Faster Freedom here.
Listen to Sam’s podcast here.
Follow Sam on Instagram: @SamFasterFreedom.
Follow Sam on TikTok: @SamFasterFreedom.
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Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this week’s episode of the Turning Profit podcast, Pete and I discuss how you can flip land, become financially independent, and retire early (or FIRE, as the cool kids call it).
You see, most people who invest in real estate do it because it gives them the opportunity to become financially independent.
You don’t have to rely on a job anymore, and you can make all your money from investments alone.
However, it takes work to reach that level. And the best way to do so (at least for Pete and me) is through land flipping.
We started land flipping because we wanted to become financially independent, and if you’ve been checking out our monthly income reports, then you know we’ve been making some strides.
Our goal?
To retire early, because life is too short for us to spend it just working!
How do we do that? And how can you do the same?
Find out in today’s episode of the Turning Profit Podcast!
Key Takeaways:
Introduction (00:00)
What is FIRE? (01:10)
Why we invest in real estate (09:15)
What’s interesting about the business model (16:15)
Where we put our long-term hold money (25:36)
Land flipping after hitting your FIRE number (31:25)
We’re building a community! (41:56)
One last question (56:24)
Additional Resources:
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
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Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this week’s episode of the Turning Profit podcast, Pete and I discuss the state of the real estate market in 2023.
You see, these last two years have been, to say the least, hectic.
The pandemic has been shaping (and changing) everyone’s lives for the last few years, and it has affected everything, from the way we shop to how we work to… you guessed it, the real estate market.
And many are now predicting a real estate market crash.
Is there any truth to those predictions?
This is exactly what we discuss in today’s episode of the Turning Profit podcast!
Want to learn more?
Tune in now.
Key Takeaways:
Introduction (00:00)
Let’s hop into the time machine! (03:39)
Our first real estate cycle (13:45)
The ripple effects of COVID (21:19)
Are you hoping for a market crash? (33:31)
The royals of BPOs (36:22)
So, is the market crashing? (44:24)
How to protect yourself (48:12)
How a softer market can affect land (55:40)
Additional Resources:
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
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Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this week’s episode of the Turning Profit podcast, we’ll be sitting down with very very special guests.
They are… DRUMROLL PLEASE… our children, Maddie and Ashley!
As we’ve discussed in our origin story episode (and if you haven’t listened to that, well then, what are you waiting for?) we want to teach our children how they can make their own money through real estate.
It’s not enough for us to create generational wealth and leave it to our kids and their kids, we want our children to be able to rely on themselves, learn the ropes of real estate investing, and make something worthwhile on their own.
And that is exactly what they did.
We're very proud to say that they’ve turned $8,000 into $80,000 in one year through land flipping.
How did they do it? And what lessons have they learned from that?
These are a few of the questions they’ll be answering in this week’s episode of the Turning Profit podcast.
Are you ready?
Let’s dive in!
Key Takeaways:
Introduction (00:00)
Meet our special guests (00:43)
How it all started (02:36)
The girls’ first property (08:37)
The second deal (15:33)
The one deal they declined (20:18)
The sky's the limit (26:32)
Property n°4 (29:02)
Ten times the money in six deals! (38:49)
The forecast for 2023 (39:58)
The last few questions (44:05)
Additional Resources:
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
Learn more about Maddie and Ashley:
Follow Maddie on Instagram here.
Follow Ashley on Instagram here.
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Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this week’s episode of the Turning Profit podcast, Pete and I discuss how you can start your own land flipping business.
If you’ve listened to our first few episodes, then you know we started land flipping a little over a year and a half ago.
We’ve seen some great results with it, and we want the same for you!
Lucky for you, in this episode, we’ll be sharing with you eeeeverything you need to know to get started in land flipping today and work on creating generational wealth.
Listen in as Pete and I talk about land flipping, how it works, where to start, and everything in between.
Are you ready?
Let’s dive in!
Key Takeaways:
Introduction (00:00)
Let’s talk about land flipping (01:38)
Back to when we first started (19:06)
Why we employ local brokers (23:24)
Why we don’t try to get top dollar (29:40)
That time we bought a lake… (30:56)
Pete’s favorite states for land flipping (39:17)
Tips and tricks from Pete (46:30)
Additional Resources:
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
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Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this week’s episode of the Turning Profit podcast, we’ll be interviewing the amazing Pace Morby.
Pace is a host for A&E’s Television show “Triple Digit Flip”, which has been signed for 6 seasons and is currently one of the top real estate shows on TV.
He is also one of the most creative real estate investors in the industry, with over 1,500 doors in his portfolio… most of which were acquired via creative finance.
Today, Pace runs the most active and connected real estate community called SubTo.com
In this episode, we’ll be discussing his business, how he got his start in real estate, why he includes his children in his business, what creative financing is, and more.
Are you ready?
Tune in now to learn more.
Key Takeaways:
Introduction (00:00)
How Pace is including his children in his real estate business (02:22)
What is creative financing? (12:23)
Why you need education about creative finance (49:28)
Pace’s favorite deal leads (58:07)
Where Pace invests his money (59:18)
Pace’s real estate inspiration (01:03:34)
A few more quick questions (01:04:31)
Is creative financing for you? (01:08:04)
Additional Resources:
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
Follow Heather on Instagram here.
Follow Pete on Instagram here.
Connect with Pace:
Check out his YouTube channel here.
Follow him on Instagram: @pacemorby.
Follow him on TikTok: @pacemorby.
Join Pace’s Facebook group: Creative Real Estate with Pace Morby.
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Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this week’s episode of the Turning Profit podcast, we will be discussing everything you need to know about our land flipping business.
Many of you have asked us questions about it, and today, we’ll be covering all the basics and giving you the answers you’ve been asking for.
But first, let us ask you a question of our own: When you hear flipping, what do you think?
Most (if not all) people will think about house flipping, and that makes sense. House flipping has been a super popular trend in the last few years (a short scroll through your Instagram or Tiktok feed will show you just how popular it is).
However, houses are not the only thing that can be flipped.
And that, friends, is when land flipping comes in.
What is it? How does it work? And how can you start doing it?
We answer all these questions (and more!) in this week’s episode of the Turning Profit podcast, so tune in now to learn more!
Well then, what are you waiting for?
Let’s dive in!
Key Takeaways:
Introduction (00:00)
Let’s go back to the beginning (01:01)
A quick overview (07:52)
How we purchase our properties with funding partners (19:32)
“It’s not about top dollar, it’s about moving quickly” (25:36)
Is land flipping right for you? (32:07)
Additional Resources:
Learn more at: http://turningprofit.com/
Follow Heather on Instagram here.
Follow Pete on Instagram here.
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Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
In this week’s episode of the Turning Profit podcast, we’ll be interviewing the brilliant Jamil Damji.
Jamil (also known as The Wholesale Genie) is an internationally renowned real estate investing and real estate wholesaling expert. He is one of the top (if not the top) wholesalers in the country.
With over two decades of experience under his belt, he is one of the few people who truly understand how real estate works and are willing to share the info with us.
This is our first interview ever, and we can’t wait for you to learn all of our guest’s secrets.
In this episode he shares everything with us, from the secret behind his amazing ads, to how he became the top wholesaler in the US, to how he started his real estate journey, and more.
Are you excited? Because we are!!
Tune in now to learn more.
Key Takeaways:
Introduction (00:00)
Meet Jamil, the Wholesale Genie (06:53)
All about Jamil’s real estate journey (11:10)
The value of wholesalers (21:25)
No matter what, wholesaling will make you money (29:07)
Jamil speaks building a business and making money (38:11)
Where Jamil invests his money (44:25)
Jamil’s TV career (49:26)
Building a community (01:01:57)
Additional Resources:
Learn more at: http://turningprofit.com/
Follow Heather on Instagram here.
Follow Pete on Instagram here.
Connect with Jamil:
Check out his website here.
Check out his YouTube channel here.
Follow him on Instagram: @astroflipping, @jdamji.
Follow him on TikTok: @astroflipping, @jamil\_damji.
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Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
Hello hello, and welcome to The Turning Profit podcast (which has been a few years in the making, and is finally here, whoop whoop)!
We are Pete and Heather Reese, and every week on this podcast, we’ll be discussing all things real estate investing. We’ll also be talking about how we invest in real estate, all the different real estate investing models, how to make money out of this, and more.
We’ll also be showcasing experts in the field on the podcast. Yes, we’ll convince them to share aaaaall of their secrets with us (and with you).
But before we start doing that, we thought it would be a great idea to share our origin story with you.
Because we didn’t always know how to do this. No no, we also had to learn everything from scratch.
Ready for adventure?
Tune in now!
Key Takeaways:
We’ve done it! (00:00)
How it all started (03:55)
Our first house (07:54)
Let’s travel back to 2005 (16:15)
From flipping to brokering (21:04)
When the market crashed (25:32)
How to make money in real estate (28:35)
What happened in 2017? (44:33)
Why we’re not crypto people (54:08)
Hey, I have a crazy idea! (56:37)
Time to dive head first (01:01:01)
The importance of creating value (01:12:20)
Transparency matters (01:18:46)
Additional Resources:
Learn more at: http://turningprofit.com/
Follow Heather on Instagram here.
Follow Pete on Instagram here.
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Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
Hi there! We're Pete and Heather Reese, and on this podcast, we help everyday people learn how to leverage their hard-earned money to create passive income opportunities with real estate.
We'll leave no stones unturned as we share details about our own deals and experiences of using some of the best practices in the business.
To learn more, visit: https://turningprofit.com/