Land investing has the potential to yield a great return on investment.
However, finding the right property with good resale value requires expertise and research.
In this replay episode, Heather and I share the unfiltered truth behind our first 200 deals.
We discuss how analyzing our past deals has led to significant shifts in our investment strategies.
Listen and learn from our experiences to focus on what truly works.
Key Takeaways:
- Intro (00:00)
- Inside our land flipping business (01:20)
- Overview of the first 200 land flip deals (04:30)
- Insights from sorting deals by profit (04:50)
- Reinvesting profits and growth goals for our business (10:40)
- Analysis of average purchase and resale prices (14:31)
- Breakdown of top and bottom-performing deals (20:14)
- Strategy shift towards more profitable deals (26:25)
- Challenges with cheaper properties (33:55)
- Final analysis of bottom 20% of deals (39:43)
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
✨ Follow Heather on Instagram here: https://www.instagram.com/itsalovelylife
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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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