Podcast cover

Turning Profit

Pete and Heather Reese
77 episodes   Last Updated: Apr 25, 24

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

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
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!
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 Heber Perez, a motivated individual who teamed up with Pete and experienced the transformative power of land investing, earning a remarkable $16,000 in just 21 days!What’s Inside:In this enlightening video, Pete walks you through the seamless process of the Partner with Pete program, showcasing how you, too, can achieve financial success like Heber. 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!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.- Real-life success stories and insights from Heber Perez'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
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!
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
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!
Unlock Your Path to Profit with Pete Reese! 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 Matthew James, a motivated individual who teamed up with Pete and experienced the transformative power of land investing, earning a remarkable $35K profit in just 43 days!Key Takeaways:- 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 Matthew James' 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
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: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!
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.👉 Join our Land Flipping community: https://landconquest.com
Imagine looking at a piece of land and seeing more than just dirt and grass. What if I told you that a piece of land could be the key to unlocking your financial freedom?Let me take you on a journey. It all started with a dream to make a mark in real estate without the headaches of traditional property management.That's when I stumbled upon the untapped potential of land investing.I won't sugarcoat it. The beginning was fraught with uncertainty, an overwhelming amount of information, what-ifs, and the fear of making the wrong move.But then, I made a decision that changed everything. I decided to dive deep into education to learn from those who've walked the path before me.And then, the pieces started to fall into place.I learned the importance of meticulous planning, the ins and outs of financing deals, and the art of generating leads. I discovered the power of community and mentorship and how leveraging the experience of others could accelerate my success.Fast forward to today, and I've turned what once was a daunting venture into a thriving, profitable business.And the best part? I've laid out the blueprint for you to follow in my latest episode.Tune in and get ready to start your own land investing journey with confidence!Key TakeawaysIntro (00:00)Setting goals for a land flipping business (01:39)How to gather knowledge for your investing journey (09:44)The importance of training and mentorship (15:35)How to set up the business (17:44)Business system and software tools (25:31)Investment strategies in land flipping (27:51)Lead generation strategies (34:22)Land deals funding options to consider (40:12)Building a team to scale your land flipping business (42:44)Time to answer some questions (47:45)Additional Resources:The GAUNTLET 8-Week Blueprint To Land Flipping Mastery: https://gauntlet.landconquest.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/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!