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Turning Profit

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Nov 26, 2024 • 33min

7 Steps to Find the Perfect Land for a Solar Farm

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 TakeawaysIntroduction - 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!
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Nov 12, 2024 • 47min

How to Build a Powerful Acquisition Machine for Your Land Investing Business

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 TakeawaysIntroduction (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!
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Nov 5, 2024 • 46min

9 Ways to Do Big Land Deals

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 TakeawaysIntro (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!
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Oct 29, 2024 • 27min

Why Partnering Makes Land Investing Easier and Profitable

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 TakeawaysIntroduction 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!
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Oct 22, 2024 • 1h 21min

How to Start Land Investing With ZERO Money or Credit

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 TakeawaysIntroduction (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!
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Oct 15, 2024 • 30min

Find the Best Land Deals Faster with This Tool

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 TakeawaysIntroduction (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!
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Oct 8, 2024 • 36min

Is Land Investing Dead? Here’s What You Need to Know

Is land investing really dead? Dive into insights on current market dynamics amid high interest rates and election uncertainties. Discover how the housing shortage and undeveloped land maintain demand, despite recent slowdowns. Hear about the impact of post-COVID trends that inflated values and what 2024 might bring. Learn strategies for success in land investing and why it’s expected to rebound by 2025. Plus, get answers to community questions that shine a light on the path forward.
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Oct 1, 2024 • 37min

How to Fund Land Investments with Private Lenders

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 TakeawaysIntroduction (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!
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Sep 24, 2024 • 33min

Sisters Turn Sibling Rivalry into A Land Investing Empire

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 TakeawaysIntroduction (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!
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Sep 17, 2024 • 1h 3min

A Beginner's Guide to the Land Investing Business Model {REPLAY}

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!

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