How to Increase the Value of Raw Land

May 30, 2023

Powered by RedCircle

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.

And as always, keep listening until the very end, because we’ll be answering a few interesting questions from our land flipping community (and if you haven’t joined yet, what are you waiting for?!)

Are you ready?

Let’s dive in!

Key Takeaways:

  • Introduction (00:00)
  • Let’s discuss some current events (02:17)
  • Why you should get a survey done (08:31)
  • The importance of brush clearing (15:07)
  • Let’s talk about infrastructure (20:36)
  • Access improvement (26:35)
  • What is a feasibility study? (30:31)
  • Zoning talk (37:31)
  • Should you do any of this? (43:49)
  • Let’s answer some questions (45:45)

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.

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

Income Report – July 2023

Income Report - July 2023

July was the worst month we’ve had in a while. Of course, it directly followed the best month we’ve ever had (June $729,254).

We finished out the month of July with a total revenue of $183,448. This is the lowest revenue total we’ve had this year, and it kind of messes up my numbers. 🤣

The gross profit for the month was $69,212. This is a 37.72% gross margin. This is also not as high as I’d like to see it, but it’s something to strive for in the future.

Read More
Income Report – June 2023

Income Report – June 2023

June was a GREAT month for us!

In fact, it was our best month yet! We brought in revenue of $729,254 in land flips in June. This is the total of all the sales.

We just barely beat out our revenue of $728,000 in January, but I’ll take it!

I was also very happy with our gross profit, which totaled $277,644!

This equates to a 38.07% gross profit margin. 40%+ is where I’d like to be, but we were pretty close.

Read More
Income Report – May 2023

Income Report – May 2023

May was a pretty good month. We brought in a total of $453,064 for the month. This was a little below average but still a solid month.

Our gross profit for May was $179,149. This is our direct profit on the properties we sold in May. It does not include our other expenses in running our business.

That equates to an average gross profit per deal of $35,829.94.  This is a substantial improvement from our historical average and recent months. So far this year, we have been averaging over $23,000 per deal. I hope this trend continues!

Read More

LISTEN

APPLE PODCASTS

YOUTUBE

GOOGLE PODCASTS

SPOTIFY