What is Possible in Your First Year Flipping Land

November 14, 2023

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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.

Our first year in land flipping wasn’t perfect, but we were still able to do some big things.

Join us in this episode as Heather and I reflect on our first year, all our mistakes, and the lessons learned.

Key Takeaways:

  • Our starting point (05:10)
  • Learning curve and mistakes (11:29)
  • Closing the first deals and reselling the properties (17:29)
  • Partnership to close deals (25:27)
  • My first 50 deals and monthly income reports (26:50)
  • Our numbers from the first year (28:44)
  • Time commitment for successful land flipping (31:02)
  • How to generate leads your first year (34:20)
  • Educate yourself on how to evaluate deals (38:45)
  • Set goals for your land flipping business (44:47)
  • Model success on your land flipping journey (48:05)
  • Time to answer some questions (50:02)

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.

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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).

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Land Flipping Income Report – September 2023

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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.

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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.

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