In this week’s episode of the Turning Profit podcast, Heather and I discuss and important subject for real estate investors and aspiring land flippers: Due diligence.
Due diligence is the research process to make sure you are actually buying a quality property.
Why?
Simply because sometimes what you think you’re buying is not really what you’re getting. And once you’ve closed the deal, that potential problem is now yours.
But you’re in luck because Heather and I share our due diligence checklist with you in today’s episode.
Tune in now to learn about due diligence and as always, we answer questions from our land flipping community.
Are you ready?
Let’s dive in!
Key Takeaways:
- Introduction (00:00)
- More about our free training program (01:49)
- Let’s talk about some current events (03:06)
- Let’s discover the checklist (08:35)
- Check for buildability (16:29)
- Why a perc test is important (26:09)
- Don’t forget the BPO (34:24)
- Let’s answer some questions! (38:18)
Additional Resources:
Want to discover our FREE training program? Join us at: https://landconquest.com
Read our monthly income reports here.
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals here.
Follow Heather on Instagram here.
Follow Pete on Instagram here.
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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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