Couverture de Turning Profit

Turning Profit

De : Pete and Heather Reese
  • Résumé

  • Welcome to Turning Profit — a podcast for people who love real estate! To learn more, visit turningprofit.com. Hi there! We're Pete and Heather Reese, and on this podcast, you’ll learn the business models and skills that professional real estate investors use to make money and build wealth. We leave no stone unturned as we share details about our own deals and experiences. Our interviews feature some of the smartest people in the industry so you can learn and grow your own real estate investment business. Be sure to give us a follow, so you never miss an episode!

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    Épisodes
    • Exposing The Good, The Bad, and The UGLY of Land Investing
      Jun 4 2024

      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!


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      45 min
    • 7 Types of Land to NEVER Buy for ANY Price
      May 28 2024

      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!

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      53 min
    • Partner with Pete Success Story - Arturo Paturzo
      May 23 2024

      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!


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      55 min

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