Turning Profit
What 200 Land Flips Taught Us About Land Flipping [REPLAY]
Jul 23, 2024
Discover the truth behind land flipping from inside the business with insights on 200 deals, average prices, profits, and market duration. Learn about profitable strategies, challenges with cheaper properties, and the shift towards more profitable deals. Explore the dynamics of pricing, buyer perspectives, educational tools, and maximizing profits. Dive into double closing risks, legal complexities, and advice on starting land flipping from abroad.
54:53
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Land flipping offers high profits with minimal renovation costs.
- Proper research is essential to find land with good resale value.
Deep dives
Summary of content in the podcast episode
The episode titled 'Inside the Business' delves deep into the analysis of the first 200 landflip deals made by the hosts, Pete and Heather Reese. The discussion covers the profitability dynamics between deals made, highlighting the significant impact of the top 100 deals compared to the bottom 100, and even further breakdowns into the bottom 20% deals that were less profitable. The hosts emphasize data-driven decision-making and share insights gained from scrutinizing their deals in terms of profit margins, revenue, and days on market. Additional topics discussed include the challenges and complexities of double closing, dealing with properties in HOA communities, and starting a land investing business internationally from Germany.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
