Land Contract Red Flags: Don’t Get Stuck With a Bad Contract!

June 13, 2023

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In this week’s episode of the Turning Profit podcast, Heather and I discuss how to make sure you don’t get stuck with a bad contract.

Being able to spot contract pitfalls and red flags is a skill you generally develop over time.

We want to shorten your learning curve and that’s why we go through our list of the most important things to check when reviewing contracts.

Are you ready?

Let’s dive in.

Key Takeaways:

  • Introduction (00:00)
  • What’s the news this week? (05:58)
  • Review your offers (12:49)
  • How is the buyer paying for the property? (24:56)
  • Sale contingencies (28:56)
  • Other contingencies to look out for (33:41)
  • Questions for Pete (40:58)

Additional Resources:

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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.

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