In this episode of the Turning Profit Podcast, we discuss various aspects of evaluating land for purchase.

We provide insights into essential criteria such as access, wetlands, FEMA flood zones, topography, landscape, and neighboring properties.

We also address the importance of creating a checklist for land evaluation to remove emotion from the decision-making process.

Additionally, we answer community questions about mailing strategies and buying on-market properties, and discuss current trends in commercial real estate.

Key Takeaways:

• Introduction (00:00)

• Welcome to the Turning Profit Podcast (00:18)

• Seasonal Changes and Real Estate Impact (01:44)

• Evaluating Land to Buy (03:09)

• Real Estate News and Market Trends (03:45)

• Commercial Real Estate Insights (04:53)

• How to Evaluate Land: Detailed Checklist (13:33)

• Evaluating Property Value: Junky vs. Prime Locations (28:45)

• Impact of Neighboring Properties on Value (29:58)

• Challenges with Properties Near Freeways and Schools (32:34)

• The Importance of Systematic Property Evaluation (35:15)

• Mailing Strategies for Property Deals (37:55)

• On-Market vs. Off-Market Property Deals (42:45)

• Standard vs. First Class Mail for Campaigns (46:43)

• Conclusion (52:08)

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/

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Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.

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