Turning Profit

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:✨ 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!

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.

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:✨ 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!

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:✨ 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 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:✨ 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 rerun episode, Heather and I will be discussing how to negotiate effectively in real estate.Negotiation is an important step in any deal, yet it often feels like an afterthought. Many people find negotiating uncomfortable, especially when it involves adjusting prices—whether lowering them as a buyer or raising them as a seller.We’re here to guide you through it.Having learned the ins and outs of negotiation ourselves, we're excited to share our top tips to help you avoid the mistakes we made when starting our real estate journey.Additionally, we’ll be answering questions from our land investing community, so make sure to stick around until the end to catch all the details.Listen in to learn how to negotiate your next land deal!Key Takeaways:Introduction (00:00)Let’s talk about current events (02:36)Always counter! (19:58)What to do if you have multiple offers (24:54)Never split the difference (27:13)Always strike while the iron is hot (30:20)Don’t get emotional (34:15)Shorten the closing timeline (38:39)Answering questions from our community (43:59)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!

If you’ve always wanted to start land investing but don’t know exactly where to start and the steps to take, we’ve got you covered.In this rerun episode, Heather and I discuss how you can start your own land investing business.Imagine buying a piece of land for a fraction of its market value, making a few smart improvements, and then flipping it for a significant profit—all without the hassle of dealing with tenants or renovations. It sounds like a dream, but it’s very much a reality, and it’s easier than you think.Heather and I break down the exact steps you need to take to get started in land flipping. Whether you have cash on hand or need to partner with investors, you’ll learn how to identify the best properties, ensure they meet key criteria, and sell them quickly for a profit.You’ll also learn why working with specialized local brokers and maintaining consistent marketing efforts are the secrets to sustained success in this lucrative niche.Listen to the episode and take the first step toward your land investing journey.Key Takeaways:Introduction (00:00)Let’s talk about land investing (01:38)Back to when we first started (19:06)Why we employ local brokers (23:24)Why we don’t try to get top dollar (29:40)That time we bought a lake… (30:56)Pete’s favorite states for land flipping (39:17)Tips and tricks from Pete (46:30)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!

Jesse Davis, a registered nurse turned successful land investor, shares his journey from healthcare to real estate. He discusses transformative lessons from land investing, including effective marketing strategies like SMS and the vital role of partnerships, especially through the Partner with Pete program. Jesse highlights the importance of transparency with sellers and shares his experience navigating the auction process while overcoming challenges. With a remarkable $41,000 profit on a deal, he offers strategic insights for aspiring investors looking to thrive in land flipping.

Dustin Pavelski, a seasoned land agent from Northeastern Pennsylvania, shares valuable insights on the impact of local knowledge in land investing. He discusses how local agents can identify critical issues like mineral rights that might go unnoticed. Dustin emphasizes the importance of building long-term relationships for better property evaluations and effective marketing strategies. He also delves into the growing opportunities in renewable energy projects and the unique challenges faced by international buyers. Tune in for a blend of humor and expert advice!

Discover how lot splitting can transform your land investments by turning larger properties into profitable smaller lots. Learn about the importance of understanding local regulations, zoning laws, and market demand. Explore strategies for evaluating land, uncovering hidden costs, and enhancing property value. Delve into personal anecdotes and innovative tools that can boost profitability. Plus, get insights on closing deals efficiently and navigating the emotional landscape of land investments.