How to Evaluate Land to Buy

April 18, 2023

Powered by RedCircle

In this week’s episode of the Turning Profit podcast, Heather and I will be discussing how to evaluate land before buying.

We got through the actual checklist we use internally when evaluating the potential deals that come in.

This is a sneak peak into the training program.

We also answer a few questions from our land flipping community.

Well then, what are you waiting for?

Tune in now!

Key Takeaways:

  • Introduction (00:00)
  • What are we talking about today? (03:29)
  • The county, the state, and the APN (14:38)
  • Why it’s important to check the access (16:23)
  • Let’s talk about wetlands (20:59)
  • The FEMA flood zone (22:19)
  • What is the topography telling you? (24:23)
  • The landscape also matters (26:40)
  • The impact of neighboring properties (30:21)
  • Let’s answer some questions! (38:19)

 

Additional Resources:

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.

Join our free Land Flipping community here

Follow Heather on Instagram here.

Follow Pete on Instagram here.

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


Follow us on your favorite platform so you never miss an episode!

Join Our Community

Join our free land flipping community

Latest Income Reports

Land Flipping Income Report – October 2023

Land Flipping Income Report – October 2023

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).

Read More
Land Flipping Income Report – September 2023

Land Flipping Income Report – September 2023

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.

Read More
Income Report – August 2023

Income Report – August 2023

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.

Read More

LISTEN

APPLE PODCASTS

YOUTUBE

GOOGLE PODCASTS

SPOTIFY