Turning Profit

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:✨ 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 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:✨ 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 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:✨ 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 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:✨ 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 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:✨ 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 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:✨ 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 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:✨ 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 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:✨ 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 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:✨ 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 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:✨ 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!