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/
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Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
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