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5 Land Flipping Mistakes We Wish We'd Never Made (Avoid These!)
Manage episode 391697896 series 3468363
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. And hopefully, by learning from our (slightly embarrassing) experiences, you can navigate your own land-flipping journey with fewer bad experiences. You'll learn:
- Red flags to watch out for before you buy: Don't let your excitement blind you to hidden problems.
- Smart strategies for mitigating risk
- The secrets to bouncing back from bad investments: Because even seasoned pros make mistakes.
Join Heather and I as we confess our FIVE WORST real estate investments EVER on this episode of Turning Profit.
Key Takeaways
Intro (00:00)
Our first bad deal (04:48)
A motel in Wisconsin (08:57)
2 bad deals in North Carolina (13:40)
Our 5th worst deal (22:36)
Real estate investing mistakes (32:54)
Time to answer some questions (37:15)
Additional Resources:
Learn more about FREE land locations: https://turningprofit.com/blog/
The GAUNTLET 8-Week Blueprint To Land Flipping Mastery: https://gauntlet.landconquest.com/
Want to discover our FREE training program? Join us at: https://landconquest.com/
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
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.
Follow us on your favorite platform so you never miss an episode!
96 episodes
Manage episode 391697896 series 3468363
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. And hopefully, by learning from our (slightly embarrassing) experiences, you can navigate your own land-flipping journey with fewer bad experiences. You'll learn:
- Red flags to watch out for before you buy: Don't let your excitement blind you to hidden problems.
- Smart strategies for mitigating risk
- The secrets to bouncing back from bad investments: Because even seasoned pros make mistakes.
Join Heather and I as we confess our FIVE WORST real estate investments EVER on this episode of Turning Profit.
Key Takeaways
Intro (00:00)
Our first bad deal (04:48)
A motel in Wisconsin (08:57)
2 bad deals in North Carolina (13:40)
Our 5th worst deal (22:36)
Real estate investing mistakes (32:54)
Time to answer some questions (37:15)
Additional Resources:
Learn more about FREE land locations: https://turningprofit.com/blog/
The GAUNTLET 8-Week Blueprint To Land Flipping Mastery: https://gauntlet.landconquest.com/
Want to discover our FREE training program? Join us at: https://landconquest.com/
Read our monthly income reports at: https://turningprofit.com
Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in
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.
Follow us on your favorite platform so you never miss an episode!
96 episodes
All episodes
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