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Turning Profit

Pete and Heather Reese

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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 invest ...
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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 …
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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 fli…
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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 tr…
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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 flip…
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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 li…
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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 Insi…
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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 exp…
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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…
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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 Works…
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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 In…
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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 creat…
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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 rem…
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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 s…
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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 ov…
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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 u…
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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 large…
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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 demographic…
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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 …
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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…
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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…
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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 v…
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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 …
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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 abili…
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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 averag…
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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 s…
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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 …
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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 …
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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, t…
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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 …
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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 pr…
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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 pat…
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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 p…
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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 …
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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. It's essential to keep in mind your first year may not yield significant profits. Success in this field often requires patience, market aw…
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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 n…
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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 str…
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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 you…
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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 w…
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For many real estate agents, the profession is not just about facilitating transactions; it's a stepping stone toward their dream of becoming real estate investors. They enter the industry with a passion for property and a desire for financial freedom. Yet, the path from agent to investor can seem daunting. What many agents don't know is that the s…
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In this week’s episode of the Turning Profit podcast, we break down the main differences between land flipping and multifamily apartment investing. Both of these real estate models have their own pros and cons, and we’ll be going through each one of them. This is the first episode in our new comparison series, and we hope you’ll stay with us for th…
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In this week’s episode of the Turning Profit podcast, Heather and I share with you our complete guide to setting up your land flipping business. We discuss everything, from how to get your logo designed to the best way to get a website made to setting up your legal entity for as little as $50. We’ll also be talking about our brand new Land Conquest…
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In this week’s episode of the Turning Profit podcast, Heather and I discuss how you can research properties and find the right ones for your land flipping business. Not all properties are made equal, and while some can be flipped quickly and for great profit, others, not so much. This is why today we decided to share with you our complete guide on …
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In this week’s episode of the Turning Profit podcast, Heather and I will be answering one question: What is land flipping? We’ll be sharing with you a complete guide to the land flipping process, from getting the deals to marketing them to the closing process and everything else in between. And as always, we’ll also be answering some of our communi…
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In this week’s episode of the Turning Profit podcast, Heather and I will be discussing one of our most successful deals ever. Why is this deal so special? Simply because this property made us a 320% return on investment in 44 days. Yes, you’ve read that right. We owned that land for less than 2 months, and more than tripled our money when we sold i…
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In this week’s episode of the Turning Profit podcast, Heather and I will be discussing our craziest (or at least most peculiar) deal yet: A lake. Yes, believe it or not, we bought a lake, and then we flipped it! Want to join us on this adventure and learn more about why we made this decision? If so, tune in now. Well then, what are you waiting for?…
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If you're venturing into the world of land flipping or have been doing it for a while, it's essential to be aware of the types of land to avoid at all costs. While there are various strategies to make money through land flipping, focusing on quality properties is crucial. The first step is recognizing the difference between calculated risks and out…
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In this week’s episode of the Turning Profit podcast, Heather and I will be discussing what it takes to become a successful land flipper. This episode is going to be full of advice that’s applicable to people in many different stages of their land flipping business. So, even if you’re just gotten started, this is for you! And as always, we’ll also …
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In this week’s episode of the Turning Profit podcast, Heather and I will be sharing with you how you can scale your business. As you might already know, scaling is the process of expanding your business in one or multiple categories. When it comes to land flipping, that actually means multiple things: You could scale your revenue, your profits, you…
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In this week’s episode of the Turning Profit podcast, Heather and I will be answering ALL your land flipping questions in our third Q&A of the season! We’ll be discussing all the fun stuff, from how you can partner with Pete to our favorite payment processor to whether or not you should deal in non-disclosure states and more. If this sounds like so…
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In this week’s episode of the Turning Profit podcast, Heather and I will be discussing some land flipping issues you might have to deal with… and how to troubleshoot them. We will be discussing everything, from the problems you can fix, like title issues and oversights (from you and others), to the ones you can’t always fix, like due diligence issu…
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