

Turning Profit
Pete and Heather Reese
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!
Episodes
Mentioned books

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:✨ 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!

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.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!

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:✨ 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!

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.

Apr 2, 2024 • 58min
3 Ways to Invest in Land with NO MONEY Down and Make BIG Profits!
Do you dream of starting a land investment business but feel held back by a lack of starting capital?It's time to rethink that limitation!In this episode, Heather and I discuss the notion that investing in land—or any real estate—requires significant upfront cash.While it might instinctively feel less than credible, there are indeed legitimate strategies for investing in land with little to no personal capital investment.So, how do you actually make this happen? Here are a few essential strategies we cover:Tune in to learn more about investing in land without capital!Key TakeawaysIntro (00:00)Debunking misconceptions about land investment (01:53)Partnering and deal funding (09:40)Building a team and collaboration (13:46)Structuring agreements and paperwork (19:14)Tips for deal funders (37:37)Questions from the community (42:59)Strategies for evaluating deals (53:34)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!

Mar 28, 2024 • 16min
Income Report for December 2023
In December 2023, we achieved a significant milestone in our land flipping journey, generating a revenue of $711,721 in a month. We provide an in-depth breakdown of our strategies, challenges, and key decisions that led to this remarkable success.Key Takeaways: - The specific strategies we employed in December 2023 to maximize our returns. - An overview of the properties that contributed the most to our revenue. - Challenges in the land flipping market and how we navigated them. - Tips for aspiring land flippers looking to replicate our success.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!

Mar 26, 2024 • 56min
Planning a Land Investing Business from Scratch
Discover the journey of turning a piece of land into financial freedom through land investing, emphasizing goal setting, education, training, and mentorship. Learn about the importance of planning, financial considerations, specialization, lead generation strategies, business structure, communication skills, and deal evaluation in starting a successful land investing business.

Mar 19, 2024 • 59min
How to Make 6 Figures as A Real Estate Agent with This Program
Are you a real estate professional with a strong understanding of your local land/property market and a desire to grow your income? If so, our new program could be the perfect fit!By partnering with us, you can identify profitable deals and earn commissions on both the purchase and resale of properties.Here's how it works: you'll search for larger parcels ideal for lot splits and consider zoning, access, and resale potential.With our own funds, we're prepared to close quickly on properties that meet our criteria. This partnership is a win-win. You'll find properties, write offers for us, and handle the resale, earning commission on both ends.Submit your deals through our easy process, and we'll quickly assess them. If the deal makes sense, we'll purchase the property with cash. After any necessary land prep, you'll become our listing agent to resell the individual lots.We're seeking agents and brokers who understand land transactions, have deep local market knowledge, are self-motivated, and are excited by the potential of land investing.If you want to boost your income, tune in to this episode to learn more about this program!Key TakeawaysIntro (00:00)The opportunity in land splitting for agents and brokers (02:44)What properties are we looking for (16:13)Qualifications to partner with us (18:18)Areas where the process of splitting is easy (27:24)Who is fit for this opportunity (32:03)The process of submitting deals (34:16)Let’s answer some questions (48:58)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!

Mar 12, 2024 • 52min
The Future of Land with AI - Are We Headed for Disaster?
While we do not claim to possess the ability to foresee, it is indisputable that land investing is undergoing a period of significant transformation thanks to AI.AI is set to change how we use land and, consequently, how we do land investments.From addressing global challenges such as energy scarcity and climate change to transforming demographics, agriculture, and urban planning, AI has the potential to significantly alter land use.The traditional model of land investments and flipping, while perhaps successful in the past, no longer represents a viable long-term strategy. Instead, a proactive approach, emphasizing innovation and adaptability, will be key to success in the future.This shift necessitates a keen eye toward the future and a willingness to embrace the potential of emerging technologies.In this episode, Heather and I discuss all our plans for the future and how we plan to take advantage of these emerging opportunities.Listen to the full episode and join us on this journey as we explore the vast potential of land and technology in the future.Key TakeawaysIntro (00:00)Future of land investing with AI (01:41)AI's potential to solve global problems (07:00)AI's impact on jobs, cities, and community connections (09:58)Land use changes that will be impacted by AI (14:24)Land investing, renewable energy, and environmental impact (26:09)Real estate investing strategies and trends (33:20)Let’s answer some questions (38:40)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!


