
Turning Profit
Welcome to Turning Profit — a podcast for people who love real estate! To learn more, visit turningprofit.com. Hi there! We're Pete and Heather Reese, and on this podcast, you’ll learn the business models and skills that professional real estate investors use to make money and build wealth. We leave no stone unturned as we share details about our own deals and experiences. Our interviews feature some of the smartest people in the industry so you can learn and grow your own real estate investment business. Be sure to give us a follow, so you never miss an episode!
Latest episodes

May 7, 2024 • 52min
12 Fatal Land Buying Mistakes That Can Cost You Big-Time
Do you think you've figured out land investing? Even seasoned investors can fall prey to hidden pitfalls, especially given the unique nature of land deals.These blunders aren't just embarrassing; they can cost you serious money and derail your investment goals.In this episode, Heather and I go through 12 critical land investing mistakes. These true stories will make you rethink how you evaluate land investments.Don't let avoidable errors drain your profits and leave you scrambling for solutions. It's time to find out if these mistakes are lurking in your strategy.Tune into our latest podcast episode where we reveal the full list of mistakes, along with expert insights on how to steer clear of these common traps. You'll walk away with the knowledge to:Spot potential problems before you hand over the cash.Feel more confident and prepared in your land transactions.Maximize your ROI and protect your investment portfolio.Don't miss out on these tips that could save you from a costly mistake.Tune in now!Key TakeawaysIntro (00:00)Avoiding mistakes when buying land for building homes (03:48)Buying next to bad neighbors (11:07)Ignoring FEMA flood zones and wetlands (13:52)Common mistakes made by investors when buying rural land (17:38)Confirming access to the property (22:44)Ensuring connectivity to utilities (27:22)Choosing a closing company for real estate transactions. (37:38)Listener Q&A segment (38:34)Additional Resources:✨Want us to Fund your Land Flipping Deal? Submit your deals at https://partnerwithpete.com/✨ Scale Your Land Flipping Business With Next-Gen Automation! https://software.landconquest.com/✨ Learn more about our paid membership and community of land investors: https://go.landconquest.com/premium✨ Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in✨ 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!

May 2, 2024 • 24min
From Learning To Leads: A New Graduate’s Path in The Gauntlet Program - Adam Sharp
Join Pete in this inspiring interview with one of our recent Gauntlet graduates! Dive into a real-life journey of transformation and triumph in the world of land flipping.In this exclusive episode, our recent Gauntlet grad, Adam, shares their firsthand experience with the program, revealing how it laid the foundation for their successful land flipping business. From the initial steps to the rewarding outcomes, discover how The Gauntlet mentorship program provided the essential tools, strategies, and support needed to thrive in the competitive land market.Key Highlights:- Program Deep Dive: Get an inside look into how The Gauntlet fosters success from the get-go.- Journey to Leads: Hear about the strategies and support that helped our graduates generate leads and prepare for active deals.- Personal Success Stories: Hear how our graduates navigated challenges and transformed them into lucrative opportunities.This interview isn't just about celebrating success; it's about showing you the tangible value The Gauntlet mentorship program offers. Whether you're new to land flipping or looking to elevate your current operations, this episode is packed with valuable insights and practical takeaways.Want to kickstart your own success story in land flipping? Learn more about how The Gauntlet mentorship program can help you achieve success. Check out http://gauntlet.landconquest.com for all the details and to embark on your journey to becoming a successful land investor.Don't forget to like, subscribe, and share this video to spread the inspiration! Your next big breakthrough in land flipping could be just one click away.👉 Join our Land Flipping community: https://landconquest.com

Apr 30, 2024 • 56min
7 Creative and Strategic Ways to Sell Your Land
Sometimes, the standard "For Sale" sign just won't cut it, especially when you're selling land. Sometimes you need some creative ways to sell land quickly and at maximum profit. Heather and I share some creative techniques that will change how you think about selling land.We covered the basics like agents and auctions but also discussed options like donating properties for tax benefits or even organizing raffles (check those legal considerations!). This shows that land selling doesn't have to be a headache.Choosing the right strategy is key – consider the type of land, your market, and how much time you can invest. Need a quick sale? Auctions could be ideal. Want to avoid commissions? Explore direct marketing platforms.Remember, land has its own quirks – zoning, surveys, and title checks are necessary. But the most interesting thing I learned was that selling land can benefit your community through donations or partnering with nonprofits.Land investing is all about creative solutions. Do your research, be prepared, and try unconventional approaches. You might sell that land faster than you think!Ready to ditch the "For Sale" sign? Tune in for innovative ways to sell your land. Listen to our latest episode for creative strategies and expert insights.Key TakeawaysIntro (00:00)Overview of 7 land selling strategies (01:23)Discussion on using a real estate agent (02:17)Benefits of using an auction for selling (10:51)Direct off-market selling methods (24:57)Considering property donation for tax benefits (36:01)Community Q&A Segment (46:58)Additional Resources:✨Want us to Fund your Land Flipping Deal? Submit your deals at https://partnerwithpete.com/✨ Scale Your Land Flipping Business With Next-Gen Automation! https://software.landconquest.com/✨The GAUNTLET 8-Week Blueprint To Land Flipping Mastery: https://gauntlet.landconquest.com/✨ Get our full training program at no cost.: https://landconquest.com/✨ Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in✨ 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!

Apr 25, 2024 • 39min
Partner with Pete Success Story - Jay Chekansky
Welcome to another exciting episode where we reveal the secrets to successful land flipping through our unique Partner with Pete program! In this special feature, we have Jay Chekansky, a motivated individual who teamed up with Pete and experienced the transformative power of land investing, earning a remarkable $26,919 in just 63 days!What’s Inside:Pete walks you through the seamless process of the Partner with Pete program, showcasing how you, too, can achieve financial success like Jay. Discover how presenting a deal to Pete and his adept team can lead to them conducting meticulous due diligence and splitting the profits 50/50!Perfect Opportunity for Aspiring Investors:If you’ve been contemplating diving into real estate investing, specifically land flipping, but are constrained by a lack of funds, this is the golden opportunity you’ve been waiting for! Learn how you can start your journey in land flipping and realize your financial dreams without the initial capital!You Will Learn:- The step-by-step process of the Partner with Pete program.- How working with a seasoned land investor like Pete Reese can accelerate your success.- The potential profits awaiting you in the land flipping business.- Real-life success stories and insights from Jay's experience.Links & Resources:- Partner with Pete Program - https://partnerwithpete.com- Land Conquest Community - https://landconquest.com- Subscribe to Our Channel - https://www.youtube.com/@turningprofit

Apr 23, 2024 • 57min
How to Make Sure You're Getting a Good Deal on Your Land Investment
Land investing can be a lucrative business, but it's important to go into every transaction with a clear head and a commitment to getting a good deal.It's easy to fall in love with a property, become emotionally attached, and lose sight of the numbers. Unfortunately, this often leads to overpaying and eroding your profit margins.Heather and I explain why you shouldn't force a land investment deal and the crucial steps to ensure you get a fair price on your next purchase.Remember, land investing is a business. While it's normal to feel some enthusiasm, remain grounded in your numbers, criteria, and due diligence.By being patient and walking away from deals that don't meet your standards, you'll ultimately discover even more profitable land investment opportunities down the road.Tune in to this week’s episode to learn more about the critical factors in land investing and to avoid forcing a deal.Key TakeawaysIntro (00:00)Evaluating land investment deals for profitability (01:46)How to value properties (06:53)Different property types and values (14:37)Factors affecting property desirability (22:08)Leveraging others in decision-making (34:48)Q&A segment (40:26)Additional Resources:✨Want us to Fund your Land Flipping Deal? Submit your deals at https://partnerwithpete.com/✨ Scale Your Land Flipping Business With Next-Gen Automation! https://software.landconquest.com/✨The GAUNTLET 8-Week Blueprint To Land Flipping Mastery: https://gauntlet.landconquest.com/✨ Get our full training program at no cost.: https://landconquest.com/✨ Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in✨ 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!

Apr 18, 2024 • 35min
Partner with Pete Success Story - Heber Perez
Discover how Heber Perez partnered with Pete to earn $16,000 in land investing. Learn about the Partner with Pete program, the process, potential profits, and success stories. Explore Heber's journey from civil engineer to real estate investor, team building, deal funding, and acquiring profitable property deals.

Apr 16, 2024 • 49min
Land Investing Tools and Services We Use to Run Our Multi-Million Dollar Business
Are you fascinated by the world of land investing but feel a little lost on how to get started?Or perhaps you're already in the game but want to level up your efficiency and profits?The right tools and services can make a tremendous difference. Tech plays a huge role in streamlining your land investing success. A suite of basics like Google Workspace (for email, docs, and storage) is non-negotiable.In this episode, Heather and I share all the tech, services, and strategies that power our business.Specialized software like the Land Conquest Business System is your superpower. It is designed to handle everything land-specific, such as lead generation, mailing, and deal tracking.Beyond fancy tech, some fundamentals are key, like a professional call answering service (so you never miss a deal!) and a dedicated website to boost your credibility.Tune in to learn more!Key TakeawaysIntro (00:00)Setting up a land investing business (03:38)Creating a professional website for a land investing business (05:38)Call answering services and phone lines (10:03)Business entity setup, bank accounts, and financial management (14:42)Direct mail marketing tools (19:11)Property evaluation tools (23:34)Real estate lead management and electronic signing apps (26:26)Land investing business and software system for managing processes (30:37)Mailing the same area multiple times for real estate leads (37:51)Wholesaling and land flipping in real estate investing (43:11)Additional Resources:Submit your Deals here: http://lotsplitdeals.com/Want us to Fund your Land Flipping Deal? https://partnerwithpete.com/Want to discover our FREE training program? Join us at: https://landconquest.com/The GAUNTLET 8-Week Blueprint To Land Flipping Mastery: https://gauntlet.landconquest.com/Read our monthly income reports at: https://turningprofit.comWant to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-inFollow Heather on Instagram here.Follow Pete on Instagram here.----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!

Apr 11, 2024 • 27min
Partner with Pete Success Story - Brent Centlivre
Welcome to another exciting episode where we reveal the secrets to successful land flipping through our unique Partner with Pete program! In this special feature, we have Brent Centlivre, a motivated individual who teamed up with Pete and experienced the transformative power of land investing, earning a remarkable $38,000 in just 43 days!What’s InsidePete walks you through the seamless process of the Partner with Pete program, showcasing how you, too, can achieve financial success like Brent. Discover how presenting a deal to Pete and his adept team can lead to them conducting meticulous due diligence and splitting the profits 50/50!Perfect Opportunity for Aspiring Investors:If you’ve been contemplating diving into real estate investing, specifically land flipping, but are constrained by lack of funds, this is the golden opportunity you’ve been waiting for! Learn how you can start your journey in land flipping and realize your financial dreams without the initial capital!In This episode, You Will Learn:- The step-by-step process of the Partner with Pete program.- How working with a seasoned land investor like Pete Reese can accelerate your success.- The potential profits awaiting you in the land flipping business.Links & Resources:- Partner with Pete Program - https://partnerwithpete.com- Land Conquest Community - https://landconquest.com- Subscribe to Our Channel - https://www.youtube.com/@turningprofit

Apr 9, 2024 • 48min
11 UNUSUAL Ways to Make Money Investing in Land [Beginner Friendly]
Traditional real estate investing often focuses on houses and buildings, but did you know that raw land offers a wealth of unique and lucrative investment opportunities?Land investment offers incredible flexibility. You can buy, improve, subdivide, develop, or hold for long-term income. With careful research, strategic planning, and a bit of creativity, the possibilities for turning a profit with land are truly vast.Our bread-and-butter land investment method centers around a quick-turnaround model. We seek out off-market land deals, sometimes make small improvements, and then aim to resell them within a 90-day window.The key?Buying at a steep discount (usually at least 50% below anticipated market value) to ensure robust profits.While our quick-flip method works wonders, it's far from the only way to profit from land. Here's a breakdown of other exciting strategies Heather and I discuss in this episode:Lot Splitting: Acquire large parcels, subdivide them, and sell the smaller lots for a higher price per acre.Renewable Energy Projects: Buy land suitable for solar, wind, or battery storage projects.Seller Financing: Sell the land directly to a buyer and carry the financing yourself.Commercial Ventures: Explore options like self-storage facilities, RV/boat storage, or recreational businesses like paintball fields or disc golf courses.Agricultural Ventures: Purchase farmland for lease income or rezoning.Want to learn more about these and more creative ways to profit from land? Tune in!Key TakeawaysIntro (00:00)Money with land through different strategies (06:38)Moving deals quickly to maximize returns (08:39)Subdividing land and getting approvals for projects (12:53)Land investment strategies for renewable energy projects (17:20)Seller financing and land investing strategies (25:23)Real estate investing strategies for community development (28:44)Creative ways to use land investment (33:15)Real estate lawsuit impact and commission changes (38:33)Real estate investing, funding, and selling without a realtor (43:14)Additional Resources:Submit your Deals here: http://lotsplitdeals.com/Want us to Fund your Land Flipping Deal? https://partnerwithpete.com/Want to discover our FREE training program? Join us at: https://landconquest.com/The GAUNTLET 8-Week Blueprint To Land Flipping Mastery: https://gauntlet.landconquest.com/Read our monthly income reports at: https://turningprofit.comWant to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-inFollow Heather on Instagram here.Follow Pete on Instagram here.----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!

Apr 4, 2024 • 37min
Partner with Pete Success Story - Matthew James
Matthew James, a motivated individual, shares his success story partnering with Pete in land investing, earning $35K profit in 43 days. They discuss the Partner with Pete program, potential profits in land flipping, and real-life insights on accelerating success in the industry.
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