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In this week’s episode of the Turning Profit podcast, Heather and I are talking about something everyone in the land flipping field should become familiar with: How to increase the value of raw land. A lot of times, people in real estate think that adding value means fixing and flipping. And generally, that’s true for residential real estate. But when it comes to land, things are not as straightforward. Still, there are a number of things you can do to add value to raw land, and this is exactly what we’ll be sharing with you in this episode of the Turning Profit podcast.
In this week’s episode of the Turning Profit podcast, Heather and I will be discussing something extra important for all land flippers out there: How to find the best real estate agents and brokers to resell your land flips. Why is this such a crucial step of the land flipping process? Simply because no matter how good of a deal your land is, if you don’t have the right person pitching it, you will not be able to sell it for the price you want and you deserve. And that’s definitely one thing we don’t want to happen. Which is why, today, Heather and I will be sharing with you all of our tips and tricks to find the best real estate agents
Flipping Land from Across the Country with Pete Reese
In this week’s episode of the Turning Profit podcast, Heather and I will be discussing a super important subject for real estate investors and aspiring land flippers: Due diligence. Due diligence is a step every land flipper and investor has to go through. Why? Simply because sometimes what you think you’re buying is not really what you’re getting. And once you’ve signed those papers and closed the deal, it’s too late to back down when you find out what you invested in (be it a land or a house or a commercial lot) has unplanned issues. I know, scary, right? This is why today Heather and I decided to share our due diligence checklist with you!
Have you ever sent out a batch of mail only to be met with crickets? Are you tired of spending money on direct mail campaigns that don’t deliver results? If you’re an investor who relies on direct mail to generate leads and close deals, you won’t want to miss this week’s episode. We’re talking about the common mailing mistakes that can derail your campaigns and leave you empty-handed. From pricing too low in a hot market to improper positioning of your letter and brand, we’re covering the missteps that can cost you time, money, and opportunities.
In this week’s episode of the Turning Profit podcast, Heather and I will be sharing with you how to negotiate like a pro. One of the most important steps of a deal, negotiation can still seem like an afterthought. For many, it even feels a bit wrong. After all, you’re trying to drive the price down (or up if you’re selling), and that can be difficult for a lot of people. But no worries, because as always, we are here to help! Heather and I had to learn how to negotiate, and today, we’re sharing with you all of our tips so that you don’t make the mistakes we did when we started our real estate journey. So, whether you’re a veteran in real estate or you’re just dipping your toe in the pond of investing, this episode is for you.
Well, this wasn’t my best month. In fact, it was a big disappointment.
The revenue was much lower than we anticipated. Yes, $207,164 is a lot of money, but based on the trajectory and track record, I would like to see this much higher.
The gross profit for April was $67,131.47. This is a sizeable amount of profit, but not nearly what I need it to be at this level.
The big problem for April was that I only closed 2 deals.
In this week’s episode of the Turning Profit podcast, Heather and I will be sharing with you the scripts we use to ask sellers questions before buying land. As we’ve stressed over and over again in the last few episodes, not all land is created equal. Separating the bad deals from the good deals and the good deals from the truly great ones takes a lot of work and a whole lot of questions. Lucky for you, we’re here to share our knowledge!
In this week’s episode of the Turning Profit podcast, Heather and I will be discussing how you can evaluate land before buying. Yes, yes, we’re fiiiiinally tackling this subject. Many of you have been asking us how we evaluate the properties we buy, and today, we’ll be sharing all of our tips with you. You see, not all land flipping properties are worth investing in. Many that look good on paper can be a complete nightmare for everyone involved, which is why knowing what to look for and how to look for it is crucial.
In this week’s episode of the Turning Profit podcast, Heather and I will be discussing the eight types of land you should never buy. Yes, yes, even we draw the line at some of these, because not every land is worth investing in, no matter how good of a deal it looks like on the outside. A lot of properties like the ones we talk about today might look attractive on paper, but in reality, they are a land flipper’s nightmare! Why is that? This is the question we answer in this episode of the Turning Profit podcast, so, if you’d like to learn more, make sure to listen (or watch).
In this week’s episode of the Turning Profit podcast, Heather and I are talking about the many many possibilities that come out of land flipping. You see, many investors, when they start land flipping, stick to residential lots or residential properties. And sure, there’s nothing wrong with that. That type of property is a safe and sure investment, so really, what’s not to love? However, today, Heather and I are here to ask you to open your horizons (we’re about to show you a whole new world) to all the other types of lots you can and should invest in.
March was a pretty good month! We didn’t top our record setting January, but we weren’t too far off with $674,265 in revenue for March. This is the exact amount of revenue that was wired to our bank account in March. If we multiplied that out fo the year, that would be $8,091,185. That’s good, but a little short of my $10 Million goal for 2023. I’ve got some work to do! The gross profit for March was $275,156 which I’m pretty happy with!
In this week’s episode of the Turning Profit podcast, Heather and I are talking about something suuuuper important: The top eight mistakes you need to avoid in land flipping. You see, it’s easy to make some mistakes when starting a new land flipping business. But the ones we’re talking about today could ruin your land flipping endeavors before you even get your first deal. We thought we’d share them with you because we’ve learned from them. And we thought so can you!
In this week’s episode of the Turning Profit podcast, Heather and I are talking about something every real estate agent should know: Land flipping. I know, I know, we’re aaaaaalways talking about land flipping. But that’s for a reason! And the reason is that land flipping is a pretty lucrative real estate business model. And it’s a business model that can turn into the ultimate side hustle, especially for real estate agents.
What To Know When Working With Land Investors
Ep 36: Flipping Land & Turning Profits with Pete Reese
87. Deal deep-dive: Your Guide To Successful Land Flipping with Pete Reese
EP 89 – How to make $4m in One Year Flipping Raw Land with Pete Reese
In this week’s episode of the Turning Profit podcast, Heather and I are going to be discussing how you can fund your land flipping deals without using any of your own money. Sounds too good to be true? Well, we’re here to tell you it isn’t!
In this week’s episode of the Turning Profit podcast, Heather and I are continuing on with last week’s episode and answering all of your most burning land flipping questions. Today, we will be tackling a bunch of interesting questions we’ve received from our amazing community, from how to make your lead process more efficient to whether or not you need to set up an LLC for your land flipping business to when you should clear a land and more.