Custom Manufacturing Industry podcast is an entrepreneurship and motivational podcast on all platforms, hosted by Aaron Clippinger. Being CEO of multiple companies including the signage industry and the software industry, Aaron has over 20 years of consulting and business management. His software has grown internationally and with over a billion dollars annually going through the software. Using his Accounting degree, Aaron will be talking about his organizational ways to get things done. Hi ...
…
continue reading
Content provided by Pete and Heather Reese and Heather Reese. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Pete and Heather Reese and Heather Reese or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
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How Much Should You Pay for A Property?
Manage episode 429136961 series 3468363
Content provided by Pete and Heather Reese and Heather Reese. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Pete and Heather Reese and Heather Reese or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
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% of the anticipated resale price and discuss how to adjust based on market conditions and property quality.
We reveal the strict guidelines we apply in our business to ensure consistent profitability and how we keep emotions out of investment decisions.
We also reveal the minimum profit threshold we aim for in all our transactions.
Ready to take your land flipping game to the next level? Click play and learn from the best!
Key Takeaways
Introduction to the topic (00:00)
Our simplified pricing formula (02:13)
Importance of guidelines to avoid emotional decisions (03:07)
Paying 50% of the anticipated resale price (04:11)
Adjusting for market conditions and property quality (07:04)
Emphasis on downside protection (09:03)
Case study of a difficult property sale (14:30)
$20,000 minimum projected profit rule (21:52)
Details about the Land Conquest community and resources (27:18)
Additional Resources:
✨Join our free land investing community here: https://landconquest.com
✨ Want us to Fund your Land Flipping Deal? Submit your deals at https://partnerwithpete.com
✨ Join our Land Conquest membership program: https://go.landconquest.com/premium
✨ Get all of our recommended tools and services at https://resources.landconquest.com
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Follow Heather on Instagram here: https://www.instagram.com/itsalovelylife
--
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!
92 episodes
Share
Manage episode 429136961 series 3468363
Content provided by Pete and Heather Reese and Heather Reese. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Pete and Heather Reese and Heather Reese or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
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% of the anticipated resale price and discuss how to adjust based on market conditions and property quality.
We reveal the strict guidelines we apply in our business to ensure consistent profitability and how we keep emotions out of investment decisions.
We also reveal the minimum profit threshold we aim for in all our transactions.
Ready to take your land flipping game to the next level? Click play and learn from the best!
Key Takeaways
Introduction to the topic (00:00)
Our simplified pricing formula (02:13)
Importance of guidelines to avoid emotional decisions (03:07)
Paying 50% of the anticipated resale price (04:11)
Adjusting for market conditions and property quality (07:04)
Emphasis on downside protection (09:03)
Case study of a difficult property sale (14:30)
$20,000 minimum projected profit rule (21:52)
Details about the Land Conquest community and resources (27:18)
Additional Resources:
✨Join our free land investing community here: https://landconquest.com
✨ Want us to Fund your Land Flipping Deal? Submit your deals at https://partnerwithpete.com
✨ Join our Land Conquest membership program: https://go.landconquest.com/premium
✨ Get all of our recommended tools and services at https://resources.landconquest.com
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Follow Heather on Instagram here: https://www.instagram.com/itsalovelylife
--
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!
92 episodes
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Similar to Turning Profit
Custom Manufacturing Industry podcast is an entrepreneurship and motivational podcast on all platforms, hosted by Aaron Clippinger. Being CEO of multiple companies including the signage industry and the software industry, Aaron has over 20 years of consulting and business management. His software has grown internationally and with over a billion dollars annually going through the software. Using his Accounting degree, Aaron will be talking about his organizational ways to get things done. Hi ...
…
continue reading
The Greatness Machine is on a Quest to Maximize the Human Experience! Join Award Winning CEO and Author, Darius Mirshahzadeh (pron. Mer-shaw-za-day), as he interviews some of the greatest minds in the world―turning their wisdom and experience into learnings and advice you can use in your life so that you can level up and create greatness. Join Darius as he goes deep with guests like: Moby, Seth Godin, Gabby Reece, Amanda Knox, UFC Ring Announcer Bruce Buffer, Former FBI Negotiator Chris Voss ...
…
continue reading
Bitcoin groundbreakers share personal stories of how Bitcoin is changing lives for the better. Host Mauricio Di Bartolomeo, co-founder and CSO of Ledn, speaks with leading Bitcoin voices, entrepreneurs, and human rights advocates to hear their unique journey and practical real-world examples of how Bitcoin has made a positive impact in their lives. Brought to you by Ledn, a leading financial services company built for Bitcoin & digital assets. Ledn offers a suite of lending, saving and tradi ...
…
continue reading
Bloomberg Radio host Barry Ritholtz has in-depth discussions with the people and ideas that shape markets, investing and business.
…
continue reading
Hosts Isaac Butler, Ronald Young Jr., and June Thomas interview creative people about how they write, compose, paint, and more.
…
continue reading
The traditional enterprise go-to-market motion is undergoing a transformational shift. B2B buyers are more sophisticated than ever, and operational efficiency is a key focus for every organization. One key function possesses a unique opportunity to shape the future of revenue generation: enablement. On this podcast, we’re bringing you the secrets, strategies, and tactics that successful enablement leaders are using to drive meaningful impact. The Enablement Edge is the go-to resource for sal ...
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continue reading
How do I start an online business? How do I build a brand online? How do I get traffic and attention to my online business? The biggest question is, can I start a business online and replace my current JOB? Welcome to The Rock Your Brand podcast show where we answer ALL of these questions and a ton MORE! Scott Voelker, the host will share with you everything you need to know and help you to build a Future Proof Business that will allow you the ultimate Freedom. Scott shares tips and strategi ...
…
continue reading
Motley Fool Money is a daily podcast for stock investors. Weekday episodes offer a long-term perspective on business news with The Motley Fool's investment analysts. Weekend shows are a mix of investing classes and longer-form interviews. The show is hosted by Dylan Lewis, Ricky Mulvey, and Mary Long.
…
continue reading
Named 2023 Best Personal Finance podcast by Bankrate.com, The Stacking Benjamins Show has a light and friendly tone. Hosts Joe Saul-Sehy and OG aim to make financial literacy fun for all as they sit around the card table in Joe's Mom's half-finished basement and talk with experts about personal finance, saving, investing, and important money trends. As Fast Company once wrote, the Stacking Benjamins podcast "strikes a great balance of fun and functional." So join Joe and OG every Monday, Wed ...
…
continue reading
The Scared Confident podcast inspires high-achievers to passionately pursue a Life of And. Host Tiffany Sauder shares lessons learned from the first 20 years of her career mixed with vulnerable, real-time reporting from her life, career, marriage, and parenting adventures today. Tiffany dives deep into the realities of a two-career family and passionately shares the journey to build the toolbox required to ‘have it all.’ This is a real and vulnerable space to break through the walls that fea ...
…
continue reading
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