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!

Last refreshed:
Follow this podcast in the Metacast mobile app to refresh it and see new episodes.
Download Metacast podcast app
Podcasts are better in Metacast mobile app
Don't just listen to podcasts. Learn from them with transcripts, summaries, and chapters for every episode. Skim, search, and bookmark insights. Learn more

Episodes

Is Land Investing Dead? Here’s What You Need to Know

Are you worried that land investing might be on its last legs? With high interest rates and a slowing market, some investors are nervous. But we see it differently. In this episode, Maddie and I address the all-important question, "Is Land Investing Dead?" by looking at the data and facts around the market and sharing our insights on how we see it. Maddie brings her perspective as we explore the shifts in the land market and how post-COVID conditions initially created an artificial boom. Despite...

Oct 08, 202436 min

How to Fund Land Investments with Private Lenders

In this episode, I am joined by my daughter, Maddie Reese, to talk about private money for real estate investing, with a particular focus on land deals. Maddie and I explain the benefits of using private lenders, especially in an industry where traditional bank financing is less common. We also discuss the importance of thorough due diligence to de-risk the properties we buy and other strategies such as working with brokers, conducting title searches, and visiting properties in person. By consis...

Oct 01, 202437 min

Sisters Turn Sibling Rivalry into A Land Investing Empire

Have you ever felt lost about what your next step in life should be? That was Mary. Moving to a new state, her business closed during COVID-19, unsure of what the future held. And Ann? She was halfway across the world in the Philippines, locked down and searching for a new opportunity. Then, they discovered land investing. In our latest episode, Ann and Mary Danielson share their incredible journey. They started during the pandemic, learned everything they could about the business, and found the...

Sep 24, 202433 min

A Beginner's Guide to the Land Investing Business Model {REPLAY}

In this week's rerun episode, Heather and I explain the land flipping business model. We'll cover all the essential steps, from start to finish, so you can learn how to flip land successfully. While we won't go into every single detail (that would take several episodes), if you're eager to learn more, join our free land investing community, Land Conquest (link below). For now, this episode will give you a solid overview of the key steps involved. Plus, we'll answer intriguing questions from our ...

Sep 17, 20241 hr 3 min

Negotiation Tactics That Will Save You $$$ in Your Next Land Deal {REPLAY}

In this week's rerun episode, Heather and I will be discussing how to negotiate effectively in real estate. Negotiation is an important step in any deal, yet it often feels like an afterthought. Many people find negotiating uncomfortable, especially when it involves adjusting prices—whether lowering them as a buyer or raising them as a seller. We’re here to guide you through it. Having learned the ins and outs of negotiation ourselves, we're excited to share our top tips to help you avoid the mi...

Sep 10, 202459 min

How to Get Started in Land Investing {REPLAY}

If you’ve always wanted to start land investing but don’t know exactly where to start and the steps to take, we’ve got you covered. In this rerun episode, Heather and I discuss how you can start your own land investing business. Imagine buying a piece of land for a fraction of its market value, making a few smart improvements, and then flipping it for a significant profit—all without the hassle of dealing with tenants or renovations. It sounds like a dream, but it’s very much a reality, and it’s...

Sep 03, 20241 hr 3 min

How a Registered Nurse Flipped His Way to Land Investing Success Using Partner with Pete Program

In this episode, I sit down with Jesse Davis, a registered nurse turned land investor. He first dipped his toes in real estate with single-family homes but quickly found his calling in land investments. Jesse has built a successful business by learning from every deal and leveraging partnerships, particularly the "Partner with Pete" program, to scale his operations. Jesse shares some of the lessons he has picked from the world of land investing, from marketing strategies like SMS and direct mail...

Aug 27, 202449 min

How Local Knowledge Will Make You More Money in Land Investing with Land Specialist Dustin Pavelski

You’ve done your research, crunched the numbers, and found the perfect piece of land. But something critical is missing - local insight. In this episode, I talk to real estate salesperson and land specialist Dustin Pavelski about the untapped value of working with a local expert. Dustin is a seasoned land agent with deep roots in Northeastern Pennsylvania. He has a unique background that gives him an edge in understanding the complexities of land deals, from oil and gas rights to navigating the ...

Aug 20, 202448 min

The Ultimate 8-Step Lot Splitting Guide for Land Investors

Lot splitting is the process of dividing a single property into two or more separate legal lots. Lot splitting can be a lucrative strategy for savvy land investors looking to maximize returns. By dividing a larger property into smaller parcels, you increase its overall value and potentially generate more profit. But wait, before you go all Willy Wonka and start chopping up land like chocolate bars, there are a few things to keep in mind. Local rules and regulations are the starting point. Zoning...

Aug 13, 202444 min

This AI Tool Will Help You Build the Perfect Land Investment List w/ Daniel Apke

Are you tired of wasting time and money on land deals that don't pan out? In this episode, I welcome Daniel Apke, co-founder of Land Portal software and experienced land investor. Daniel shares his insights on how to build the perfect list for land investing using innovative software tools. These tools also provide custom filters that allow investors to build precise lists of desirable properties, saving time and reducing costs. Daniel also discusses the importance of partnerships, defined roles...

Aug 06, 202448 min

Negotiation Strategies Every Land Investor MUST Know

Have you ever been in land negotiations that felt like a dead end, with no prospects of closing the deal at a good price? I know I have. It’s frustrating when you want to close on a deal but can’t seem to find common ground with the seller, especially when you had sent an earlier offer but realized it was too high. Every land investor who wants to maximize their profits must master the art of negotiating lower land prices. In our latest episode, Heather and I reveal the powerful negotiation tact...

Jul 30, 202434 min

What 200 Land Flips Taught Us About Land Flipping [REPLAY]

Land flipping can be a good business due to its potential for high profits. Unlike house flipping, it requires less upfront investment since there are no renovations to deal with. Transactions are typically faster as well, avoiding the hassle of tenants and repairs. However, it's not all roses. If the market takes a dip, selling your land for a profit could become difficult. You'll also incur holding costs like property taxes while you wait for a buyer. Finding the right piece of land with good ...

Jul 23, 202455 min

How Much Should You Pay for A Property?

One of the questions we get asked a lot is how to determine the amount you should pay for a property. The right purchase price will enable you to minimize risk and maximize profits. Many investors struggle to find the perfect formula, often oscillating between paying too much or trying to get properties for pennies on the dollar. However, the key is to strike a balance and adhere to a consistent set of criteria. In this episode, Heather and I break down our tried-and-true formula of buying at 50...

Jul 16, 202437 min

Buying LANDLOCKED PROPERTIES: 5 Ways To Make Money

As a land investor, you'll occasionally come across properties that seem like great deals on the surface but, upon closer inspection, present unique challenges. One such challenge is dealing with landlocked properties. These are parcels of land with no legal access to public roads. My first experience with a landlocked property was a learning lesson. I did not lose any money on the deal but it took a lot of time for minimal returns. There are many risks with these types of properties, but there ...

Jul 09, 202439 min

How We Scaled Our Land Investing Business with the Right Team

Building a team for your land flipping/real estate business is one of the most important tasks you’ll ever do as a business owner. In this episode, Heather and I share the step-by-step guide on how we built our successful team and the lessons we have picked along the way. We share our own experiences and strategies for expanding our team, from hiring virtual assistants to acquisition managers and due diligence specialists. We started our business with me handling most of the tasks myself. As the...

Jun 25, 202439 min

AI, Robots, and Blockchain are Changing Land Flipping FOREVER

When many people think of land investing, they are not likely to associate it with technological advancements. But tech like AI, Chatbots, and robots is set to dramatically change the way we buy, sell, and develop land. Imagine buying a piece of land as easily as buying stock. Blockchain technology has the potential to make this a reality. By placing public property records on a secure, decentralized ledger, blockchain could significantly speed up the title transfer process. Another exciting dev...

Jun 18, 202439 min

How to Design the Perfect Land Investing Business for Long-Term Success

The land investment world is full of opportunities for both new and seasoned investors. One of the biggest prerequisites for success is having a solid plan and a willingness to adapt the plan as your business grows. Heather and I lean on our vast experience in both real estate and land investing to guide you through the process of designing a successful land investing business. We cover all the details, from choosing a niche that perfectly suits your lifestyle to building a dream team to handle ...

Jun 11, 202437 min

Exposing The Good, The Bad, and The UGLY of Land Investing

Land investing is all over social media these days. Lots of people are talking about flipping land quickly for massive profits and working from anywhere in the world. It almost sounds like a dream. But is it really that easy? Is land investing really all sunshine and rainbows? Or is there more to the story? In this episode, Heather and I give an honest perspective on this investing strategy. We acknowledge the potential for high profits and the flexibility this approach offers. But we also tackl...

Jun 04, 202445 min

7 Types of Land to NEVER Buy for ANY Price

Not all land is worth owning. In fact, it’s possible to own land that has a negative impact on you, your net worth, and your sanity. I am joined by Maddie to expose 7 types of land that you should NEVER buy, no matter how cheap it is. Maddie steps in for Heather to share her expertise on evaluating properties and common land-buying mistakes. When I first started, I thought I would buy any piece of land that came along as long as I could get it for the right price. Then, I started seeing some exa...

May 28, 202453 min

Partner with Pete Success Story - Arturo Paturzo

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 Arturo Paturzo, a motivated individual who teamed up with Pete and experienced the transformative power of land investing, earning a remarkable $13,000! What’s Inside: In this enlightening video, Pete walks you through the seamless process of the Partner with Pete program, showcasing ...

May 23, 202455 min

The 9 Shocking Truths of Land Investing EXPOSED

Land investing promises financial freedom and flexibility, but are you getting the full story? The truth is, there are some hard-hitting realities that most gurus conveniently leave out of their sales pitches. In this episode, Heather and I expose the nine shocking truths of land investing. Here's a sneak peek of what you'll learn: 👉 The unexpected dangers that can derail even the most promising deals 👉 Why chasing high-profit percentages can actually hurt your bottom line 👉 The truth about c...

May 21, 202446 min

Partner with Pete Success Story - Jeshua Livstrom & John Burks

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 Jeshua Livstrom & John Burks, a motivated individual who teamed up with Pete and experienced the transformative power of land investing, earning a remarkable $38,000 in just 83 days! What’s Inside: In this enlightening video, Pete walks you through the seamless process of the Partner with Pete program, showcasing how you, t...

May 16, 202446 min

How to Use Pay Per Click to Generate an Endless Supply of Land Investing Leads

As a land investor, I've always been a big believer in the power of direct mail. But lately, I've been getting curious about pay-per-click (PPC) advertising and whether it could be a viable strategy for finding motivated land sellers. My initial results have been promising, and I wanted to share my journey and results with fellow land investors in this episode. To help us understand all about this marketing strategy, I am joined by Brandon Bateman, owner of The Bateman Collective and a leading e...

May 14, 20241 hr 3 min

Setting Up for Success: A Gauntlet Graduate's Journey to Lead Generation - James Clay

Join Pete in this inspiring interview with one of our recent Gauntlet graduates! Dive into a real-life journey of transformation and triumph in the world of land flipping. In this exclusive episode, our recent Gauntlet grad, James, shares their firsthand experience with the program, revealing how it laid the foundation for their successful land flipping business. From the initial steps to the rewarding outcomes, discover how The Gauntlet mentorship program provided the essential tools, strategie...

May 09, 202432 min

12 Fatal Land Buying Mistakes That Can Cost You Big-Time

Do you think you've figured out land investing? Even seasoned investors can fall prey to hidden pitfalls, especially given the unique nature of land deals. These blunders aren't just embarrassing; they can cost you serious money and derail your investment goals. In this episode, Heather and I go through 12 critical land investing mistakes. These true stories will make you rethink how you evaluate land investments. Don't let avoidable errors drain your profits and leave you scrambling for solutio...

May 07, 202452 min

From Learning To Leads: A New Graduate’s Path in The Gauntlet Program - Adam Sharp

Join Pete in this inspiring interview with one of our recent Gauntlet graduates! Dive into a real-life journey of transformation and triumph in the world of land flipping. In this exclusive episode, our recent Gauntlet grad, Adam, shares their firsthand experience with the program, revealing how it laid the foundation for their successful land flipping business. From the initial steps to the rewarding outcomes, discover how The Gauntlet mentorship program provided the essential tools, strategies...

May 02, 202424 min

7 Creative and Strategic Ways to Sell Your Land

Sometimes, the standard "For Sale" sign just won't cut it, especially when you're selling land. Sometimes you need some creative ways to sell land quickly and at maximum profit. Heather and I share some creative techniques that will change how you think about selling land. We covered the basics like agents and auctions but also discussed options like donating properties for tax benefits or even organizing raffles (check those legal considerations!). This shows that land selling doesn't have to b...

Apr 30, 202456 min

Partner with Pete Success Story - Jay Chekansky

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 Jay Chekansky, a motivated individual who teamed up with Pete and experienced the transformative power of land investing, earning a remarkable $26,919 in just 63 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 Jay. Dis...

Apr 25, 202439 min

How to Make Sure You're Getting a Good Deal on Your Land Investment

Land investing can be a lucrative business, but it's important to go into every transaction with a clear head and a commitment to getting a good deal. It's easy to fall in love with a property, become emotionally attached, and lose sight of the numbers. Unfortunately, this often leads to overpaying and eroding your profit margins. Heather and I explain why you shouldn't force a land investment deal and the crucial steps to ensure you get a fair price on your next purchase. Remember, land investi...

Apr 23, 202457 min

Partner with Pete Success Story - Heber Perez

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 Heber Perez, a motivated individual who teamed up with Pete and experienced the transformative power of land investing, earning a remarkable $16,000 in just 21 days! What’s Inside: In this enlightening video, Pete walks you through the seamless process of the Partner with Pete program, showcasing how you, too, can achieve finan...

Apr 18, 202435 min
For the best experience, listen in Metacast app for iOS or Android