Do you want to make more money on your land flips? If so, the brand new episode of the Turning Profit podcast is for you.
Flipping land can be a profitable venture, but the possibilities in your first year will depend on several factors, including your speed of learning, resources, time, experience with building a team, goals, etc. Being successful in your first year is definitely possible if you take the right steps.
In land flipping, finding the right method to generate leads can make all the difference. While some investors chase the latest trends and technologies, there’s one method that has quietly been making millions for many in the industry – boring old direct mail.
October was our best month ever in many ways! It was also our second consecutive month topping $1 million in revenue. We finished the month with revenue of $1,490,252. For reference, that’s more revenue than I generated in 2021 (our first year in the business).
When it comes to land flipping, one crucial factor is the ability to determine whether a potential property is worth pursuing or not. Having a clear set of criteria can make this decision-making process more efficient and less emotional. In this episode, we discuss the essential steps for setting criteria and determining if a land deal is worth your time and resources.
For many real estate agents, the profession is not just about facilitating transactions; it’s a stepping stone toward their dream of becoming real estate investors. They enter the industry with a passion for property and a desire for financial freedom.
A brand new episode of the Turning Profit podcast is now live! In this week’s episode, we discuss land investing vs. multifamily real estate investing. There are pros and cons to each investing model and we highlight those and dig into each one.
September was my first month ever over $1,000,000 in revenue!! This was one of those big benchmarks I’ve been shooting for a long time, and I finally did it. It feels good to hit this number, but the crazy thing is, it already doesn’t feel that impressive to me. Spoiler Alert: I should easily surpass $1,000,000 in revenue in October as well.
Setting up a new business can be daunting. That’s why we decided to devote this week’s episode of the Turning Profit podcast to the steps to take to setup your own land flipping business. We discuss everything, from how to get your logo designed to the best way to get a website made to setting up your legal entity for as little as $50.
In this week’s episode of the Turning Profit podcast, Heather and I discuss how you can research properties and find the right ones for your land flipping business. Not all properties are made equal, and while some can be flipped quickly and for great profit, others, not so much. This is why today we decided to share with you our complete guide on how we research the properties we invest in. We’ll also be answering questions from our land flipping community (and if you haven’t joined yet, what are you waiting for?!) so make sure to listen till the end!
In this episode, we get back to the basics and define: What is land flipping? There are a lot of ways to make money in real estate. In fact, there are a lot of ways to make money with land. Today we break down our exact business model so you can duplicate it yourself.
In this week’s episode of the Turning Profit podcast, Heather and I will be discussing one of our most successful deals ever. Why is this deal so special? Simply because this property made us a 320% return on investment in 44 days.
August was a good month by some standards in our business, but we also fell short in a couple of major categories. The revenue for August was $548,659. This is slightly above average for the year. I’m constantly pushing to generate as much revenue as possible. I was originally planning to get to $10 million in revenue in 2023, but unless we have a few blockbuster months to close out the year, I don’t know that it is going to happen.