Turning Profit - podcast cover

Turning Profit

Pete and Heather Reeseredcircle.com

Welcome to Turning Profit — a podcast for people who love real estate! To learn more, visit turningprofit.com. Hi there! We're Pete and Heather Reese, and on this podcast, you’ll learn the business models and skills that professional real estate investors use to make money and build wealth. We leave no stone unturned as we share details about our own deals and experiences. Our interviews feature some of the smartest people in the industry so you can learn and grow your own real estate investment business. Be sure to give us a follow, so you never miss an episode!

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Episodes

Land Investing Tools and Services We Use to Run Our Multi-Million Dollar Business

Are you fascinated by the world of land investing but feel a little lost on how to get started? Or perhaps you're already in the game but want to level up your efficiency and profits? The right tools and services can make a tremendous difference. Tech plays a huge role in streamlining your land investing success. A suite of basics like Google Workspace (for email, docs, and storage) is non-negotiable. In this episode, Heather and I share all the tech, services, and strategies that power our busi...

Apr 16, 202449 min

Partner with Pete Success Story - Brent Centlivre

Welcome to another exciting episode where we reveal the secrets to successful land flipping through our unique Partner with Pete program! In this special feature, we have Brent Centlivre, a motivated individual who teamed up with Pete and experienced the transformative power of land investing, earning a remarkable $38,000 in just 43 days! What’s Inside Pete walks you through the seamless process of the Partner with Pete program, showcasing how you, too, can achieve financial success like Brent. ...

Apr 11, 202427 min

11 UNUSUAL Ways to Make Money Investing in Land [Beginner Friendly]

Traditional real estate investing often focuses on houses and buildings, but did you know that raw land offers a wealth of unique and lucrative investment opportunities? Land investment offers incredible flexibility. You can buy, improve, subdivide, develop, or hold for long-term income. With careful research, strategic planning, and a bit of creativity, the possibilities for turning a profit with land are truly vast. Our bread-and-butter land investment method centers around a quick-turnaround ...

Apr 09, 202448 min

Partner with Pete Success Story - Matthew James

Unlock Your Path to Profit with Pete Reese! Welcome to another exciting episode where we reveal the secrets to successful land flipping through our unique Partner with Pete program! In this special feature, we have Matthew James, a motivated individual who teamed up with Pete and experienced the transformative power of land investing, earning a remarkable $35K profit in just 43 days! Key Takeaways: - The step-by-step process of the Partner with Pete program. - How working with a seasoned land in...

Apr 04, 202437 min

3 Ways to Invest in Land with NO MONEY Down and Make BIG Profits!

Do you dream of starting a land investment business but feel held back by a lack of starting capital? It's time to rethink that limitation! In this episode, Heather and I discuss the notion that investing in land—or any real estate—requires significant upfront cash. While it might instinctively feel less than credible, there are indeed legitimate strategies for investing in land with little to no personal capital investment. So, how do you actually make this happen? Here are a few essential stra...

Apr 02, 202458 min

Income Report for December 2023

In December 2023, we achieved a significant milestone in our land flipping journey, generating a revenue of $711,721 in a month. We provide an in-depth breakdown of our strategies, challenges, and key decisions that led to this remarkable success. Key Takeaways: - The specific strategies we employed in December 2023 to maximize our returns. - An overview of the properties that contributed the most to our revenue. - Challenges in the land flipping market and how we navigated them. - Tips for aspi...

Mar 28, 202416 min

Planning a Land Investing Business from Scratch

Imagine looking at a piece of land and seeing more than just dirt and grass. What if I told you that a piece of land could be the key to unlocking your financial freedom? Let me take you on a journey. It all started with a dream to make a mark in real estate without the headaches of traditional property management. That's when I stumbled upon the untapped potential of land investing. I won't sugarcoat it. The beginning was fraught with uncertainty, an overwhelming amount of information, what-ifs...

Mar 26, 202456 min

How to Make 6 Figures as A Real Estate Agent with This Program

Are you a real estate professional with a strong understanding of your local land/property market and a desire to grow your income? If so, our new program could be the perfect fit! By partnering with us, you can identify profitable deals and earn commissions on both the purchase and resale of properties. Here's how it works: you'll search for larger parcels ideal for lot splits and consider zoning, access, and resale potential. With our own funds, we're prepared to close quickly on properties th...

Mar 19, 202459 min

The Future of Land with AI - Are We Headed for Disaster?

While we do not claim to possess the ability to foresee, it is indisputable that land investing is undergoing a period of significant transformation thanks to AI. AI is set to change how we use land and, consequently, how we do land investments. From addressing global challenges such as energy scarcity and climate change to transforming demographics, agriculture, and urban planning, AI has the potential to significantly alter land use. The traditional model of land investments and flipping, whil...

Mar 12, 202452 min

How to Make Land More Valuable in 2024

While land flipping presents a unique opportunity for wealth creation, simply buying vacant land and finding a buyer without doing anything may not maximize your profits. Fortunately, there are several inexpensive and practical strategies to increase the land's value further. In this episode, Heather and I go through some innovative strategies for increasing the value of land through various enhancement techniques. From minor subdivisions to navigating local regulations, we reveal strategies tha...

Mar 05, 202453 min

9 Reasons Why We Chose Land Flipping Over Other Real Estate Strategies

Most people are well aware of the traditional real estate investment strategies, but land flipping remains misunderstood and overlooked. It’s interesting why this is the case, considering it's one of the best investment strategies due to its huge potential for good returns. It’s also one of the least stressful real estate investments. Heather and I are on a mission to change this by making land flipping cool. We want to educate as many people as possible about what exactly it entails, how to get...

Feb 27, 202454 min

Land Conquest Community Q&A

We noticed lots of folks in our Land Conquest Community asking questions, so Heather and I thought, "Why not make a whole episode just to answer them?" We believe that if one person has a question, there are probably more folks out there wondering the same thing. In our special Q&A episode, we're getting into your questions and sharing answers that can help not only those who asked but also anyone curious about the world of land flipping. We're answering everything from due diligence and mar...

Feb 20, 202452 min

How to Flip Land for Big Profits in 2024 - Complete Guide

Are you ready to take your land flipping game to the next level? Join Heather and I as we reveal all the latest strategies, insights, and trends that will help you maximize profits and achieve success in the land flipping market. From discussing changes and updates in the industry to sharing expert tips and techniques, this episode is packed with valuable information for both seasoned flippers and newcomers alike. We discuss the shifts and nuances that have emerged in the past year that will hel...

Feb 13, 202453 min

How to Split Land for Massive Profits

In real estate and land flipping, "land splitting" involves dividing a larger parcel into smaller lots, enhancing its value and appeal. This practice aims to attract a broader buyer base by offering smaller plots and maximizing their potential use. The goal is to enhance the land's value and make it more profitable when reselling it. The key is to navigate local zoning laws and regulations, ensuring a successful and legal process. Heather and I delve into the intricacies of making profits throug...

Feb 06, 202451 min

How To Become A Successful Real Estate Investor in 2024

Success in real estate investment is not solely dependent on a specific set of traits, but there are undeniably common characteristics shared by many prosperous investors. I've met many super successful adventurers in this real estate world, and they all have some cool things in common. One big superpower they have is persistence. This is the ability to keep pushing forward, even in the face of challenges. Many problems can be overcome with persistence, making it a valuable asset in the ever-evo...

Jan 30, 202451 min

What We Learned From Analyzing 200 Land Flips for Profit Patterns

Ever wondered why some real estate deals flop while others flip to massive profits? Let's unravel the mystery in this week’s episode! Heather and I open the door to the world of land flipping, share the inside scoop on our first 200 deals, and what the raw, real numbers really mean. We go into the nitty-gritty details, offering insights into average purchase prices, revenue per deal, and average days in inventory. You will discover what truly drives profit in land flipping, learn to identify dea...

Jan 23, 202455 min

How to Think Bigger as a Real Estate Investor for Bigger Deals and Massive Profits

In real estate investing, success often hinges on the ability to think big and embrace opportunities that can lead to significant growth. In this episode, Heather and I explore the mindset shift needed to elevate your real estate investment business to new heights. We'll delve into various aspects, from understanding what's possible to building a solid team and focusing on deal size and quantity. Thinking bigger in your real estate investment business is not just about dreaming larger; it's abou...

Jan 16, 202453 min

5 Atomic Habits EVERY Real Estate Investor Needs in 2024 (For BIG Results!)

The year is fresh, and resolutions are swirling in the air. For real estate investors, 2024 promises a landscape ripe with opportunity. But reaching those ambitious goals requires more than just wishful thinking. In this episode, Heather and I discuss James Clear's Atomic Habits, a powerful framework for transforming small, consistent actions into massive results over time. Atomic Habits is not about overnight transformations but about consistent, incremental progress. By tweaking your environme...

Jan 09, 202453 min

Real Estate Investing Trends to Watch Out for in 2024

In our latest episode, Heather and I dived deep into the crystal ball to unravel the mysteries of 2024 in the world of real estate investing. First off, we're foreseeing a nosedive in the use of text messaging for outbound leads. Regulations are tightening their grip, and cellphone carriers are throttling back on outbound text marketing. But we've got AI riding in on a digital steed to the rescue. Heather and I share our experiences with AI tools, especially the marvel that is ChatGPT. It's not ...

Jan 02, 20241 hr 9 min

5 Land Flipping Mistakes We Wish We'd Never Made (Avoid These!)

Think flipping land is all sunshine and champagne toasts? Where land flippers are always doubling or tripling their profits? Think again! Like any endeavor, there are bound to be bumps along the dusty road. In our own land-flipping journey, we've encountered our fair share of...challenges. Let's call them learning experiences, shall we? But wait, there's more! This episode isn't just about wallowing in past failures. It's a treasure trove of hard-won wisdom to help YOU avoid the same pitfalls. A...

Dec 26, 202350 min

15 Places to Get FREE Land in The US in 2024

Land prices in the United States have soared to unprecedented heights, making it challenging for many aspiring property owners to fulfill their dreams. However, a unique solution exists for those who seek an alternative path — free land. In this episode, Heather and I delve into the concept of obtaining free land in the USA, examining the why, the how, and the potential catches associated with this enticing opportunity. The tradition of offering free land in the United States has deep roots, dat...

Dec 19, 202338 min

Here’s Why Land Flipping is The Best Side Hustle For 2024

Finding a lucrative side hustle can be overwhelming, with factors like time, effort, and profitability at the forefront of consideration. In this episode, Heather and I reveal the reasons why we firmly believe land flipping to be the standout side hustle for 2024. Land flipping is a versatile business model with possibilities ranging from making property improvements to a straightforward buy-and-sell strategy. In less than three years, starting as a side hustle in 2021, our land flipping venture...

Dec 12, 202346 min

How to Scale Your Land Flipping Business

Scaling a land flipping business isn't just about dreams of expansion; it's a strategic move to take your venture to new heights. However, many businesses find themselves grappling with the challenges of scaling. It demands more than just ambition; it requires strategic planning, a strong foundation, and effective execution. As you navigate the path to growth, remember that scalability isn't just about expansion—it's about unlocking the full potential of your land flipping venture. In this episo...

Dec 05, 202348 min

How to Sell Your Property Fast

If you're in the business of acquiring and selling land for profit, you understand the importance of turning around properties swiftly while maximizing their value. In this episode, Heather and I offer insights and strategies to help you sell your property faster and turn your investments into lucrative returns. As a land flipper, your ability to present a property in the best possible light is a crucial factor in selling it quickly. Invest in professional photography and drone videos to tell a ...

Nov 28, 202355 min

How to Maximize Your Profit on Every Land Flipping Deal

Maximizing profit in land flipping requires a strategic approach guided by key considerations in each phase of the deal. It's not just a matter of buying and selling. It's about making savvy decisions at every turn. From shrewd negotiation during the purchase to managing closing costs and implementing strategic property improvements, investors can significantly enhance their gross profit margins. By understanding these components and making informed decisions, investors can significantly enhance...

Nov 21, 20231 hr 5 min

What is Possible in Your First Year Flipping Land

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. It's essential to keep in mind your first year may not yield significant profits. Success in this field often requires patience, market awareness, and a deep understanding of local regulations and opportunities. Our first year in land flipping was marked by mistakes, learning, adaptation...

Nov 14, 20231 hr 6 min

How Boring Direct Mail Has Made Us Millions

In land flipping, finding the right method to generate leads can make all the difference. While some investors chase the latest trends and technologies, there's one method that has quietly been making millions for many in the industry – boring old direct mail. You might wonder why direct mail is considered "boring." Well, it's not flashy, there's no high-tech wizardry involved, and it's not exactly the latest and greatest trend. However, it's precisely this simplicity and consistency that makes ...

Nov 07, 202356 min

How to Get Leads in Land Flipping

Generating leads is the lifeblood of the land flipping business. Without a steady stream of leads, it's challenging to keep the deal pipeline flowing. In this episode, we'll delve into various methods for generating leads and deals in the land flipping business. One of the most common methods for lead generation is Direct Mail. Direct mail is a straightforward and repeatable approach. You can create a targeted list, choosing specific criteria such as property type, ownership duration, location, ...

Oct 31, 20231 hr 9 min

How to Determine If a Property Is Really a Deal

When it comes to land flipping, one crucial factor is the ability to determine whether a potential property is worth pursuing or not. Having a clear set of criteria can make this decision-making process more efficient and less emotional. In this episode, we discuss the essential steps for setting criteria and determining if a land deal is worth your time and resources. In our case, we aim to double our investment in the property. Even though this doesn't always happen, it is a good criterion for...

Oct 24, 202358 min

Is Land Flipping Ethical?

Like many economic activities, the ethics of land flipping can be a matter of debate. This is especially true when the buyer makes a huge profit margin. In a recent land flipping case posted in our community, an investor purchased two side-by-side lots, totaling one acre, for $1,000 and subsequently sold them for $55,000. The return on investment was indeed impressive, reaching over 5,000%. This exceptional profit margin sparked both excitement and controversy. This is the basis of our episode t...

Oct 17, 20231 hr 5 min
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