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Welcome to Turning Profit — a podcast for people who love real estate! To learn more, visit turningprofit.com ( https://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!
Welcome to Turning Profit — a podcast for people who love real estate! To learn more, visit turningprofit.com ( https://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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re***@turningprofit.com
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Maddie is a knowledgeable figure in the land investing market, contributing insights on the implications of tariffs and their effects on construction costs and agricultural land values. While specific details about her background and achievements are not provided, her expertise is evident in discussions about economic impacts and investment strategies.
Maddie is a knowledgeable figure in the land investing market, contributing insights on the implications of tariffs and their effects on construction costs and agricultural land values. While specific details about her background and achievements are not provided, her expertise is evident in discussions about economic impacts and investment strategies.
How Our Kids Turned $8,000 into $80,000 in One Year with Land Investing
Hosts
Hosts of this podcast episode
Pete ReeseHeather Reese
Guests
Guests of this podcast episode
MaddieAshley
Keywords
Keywords of this podcast episode
land investingreal estateproperty dealsland flippingrisk managementcontinuous learning
In this episode of the Turning Profit Podcast, we welcome special guests Maddie and Ashley, our daughters, to discuss their journey in land investing.
We cover their initial investments, the step-by-step process they followed, and the learning experiences they encountered.
Maddie and Ashley share the insights they learned about evaluating properties, negotiating deals, and building their business from scratch.
We break down their first six property deals, highlighting both the successes and challenges they faced along the way.
If you want real-world lessons on land flipping, risk management, and the importance of continuous learning in real estate investing, then this episode is for you.
Key Takeaways:
Introduction (00:00)
Meet the Special Guests (00:45)
Diving into Real Estate Business (02:39)
First Property Purchase and Sale (03:34)
Second Property Success (15:36)
Third Property Triumph (19:11)
Challenges with the Fourth Property (29:09)
Property Number Five: A Quick Turnaround (33:31)
The Last Deal: The Biggest Investment Yet (36:50)
Planning Ahead: Goals and Strategies (39:58)
Marketing and Risk Management (42:21)
Reflecting on Past Ventures (48:46)
Final Thoughts and Future Plans (50:48)
In this episode of the Turning Profit Podcast, we welcome special guests Maddie and Ashley, our daughters, to discuss their journey in land investing.
We cover their initial investments, the step-by-step process they followed, and the learning experiences they encountered.
Maddie and Ashley share the insights they learned about evaluating properties, negotiating deals, and building their business from scratch.
We break down their first six property deals, highlighting both the successes and challenges they faced along the way.
If you want real-world lessons on land flipping, risk management, and the importance of continuous learning in real estate investing, then this episode is for you.
Key Takeaways:
Introduction (00:00)
Meet the Special Guests (00:45)
Diving into Real Estate Business (02:39)
First Property Purchase and Sale (03:34)
Second Property Success (15:36)
Third Property Triumph (19:11)
Challenges with the Fourth Property (29:09)
Property Number Five: A Quick Turnaround (33:31)
The Last Deal: The Biggest Investment Yet (36:50)
Planning Ahead: Goals and Strategies (39:58)
Marketing and Risk Management (42:21)
Reflecting on Past Ventures (48:46)
Final Thoughts and Future Plans (50:48)
0:0047:05
How We Built Our Land Flipping Business
Hosts
Hosts of this podcast episode
Pete ReeseHeather Reese
Keywords
Keywords of this podcast episode
land investingreal estatebusiness modelsproperty purchasingfunding partners
In this episode of the Turning Profit podcast, we discuss everything you need to know about our land investing business.
Many of you have asked us questions about it, so we’ll be covering all the basics and giving you the answers you’ve been asking for.
What is it? How does it work? And how can you start doing it?
We answer all these questions (and more!) in this episode, so tune in now to learn how to get started.
Key Takeaways:
Introduction (00:00)
Let’s go back to the beginning (01:01)
A quick overview (07:52)
How we purchase our properties with funding partners (19:32)
“It’s not about top dollar, it’s about moving quickly” (25:36)
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!
0:0058:53
Land Buying 101: Our Script for Asking Sellers Questions
Hosts
Hosts of this podcast episode
Pete ReeseHeather Reese
Keywords
Keywords of this podcast episode
land buyingseller questionsreal estateinvestmentland flipping
In this week’s episode of the Turning Profit podcast, Heather and I will be sharing with you the scripts we use to ask sellers questions before buying land.
You see, as we’ve stressed over and over again in the last few episodes, not all lands are created equal.
Separating the bad deals from the good deals and the good deals from the truly great ones takes a lot of work and a whoooole lot of questions.
Lucky for you, we’re here to share our knowledge!
Tune in now to discover all of the questions we ask land sellers before closing a deal, from something as simple as ‘What can you tell me about the land?’ to more important questions like ‘Is there any money owed on this property?’
Asking these questions will help you decide whether or not the deal is worth it.
Are you ready to learn more?
Let’s dive in!
Key Takeaways:
Introduction (00:00)
What’s in the news, Heather? (01:43)
Today’s subject (23:02)
The questions you need to ask sellers (24:06)
Answering some questions from our community (48:28)
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!
In this week’s episode of the Turning Profit podcast, Heather and I will be sharing with you the scripts we use to ask sellers questions before buying land.
You see, as we’ve stressed over and over again in the last few episodes, not all lands are created equal.
Separating the bad deals from the good deals and the good deals from the truly great ones takes a lot of work and a whoooole lot of questions.
Lucky for you, we’re here to share our knowledge!
Tune in now to discover all of the questions we ask land sellers before closing a deal, from something as simple as ‘What can you tell me about the land?’ to more important questions like ‘Is there any money owed on this property?’
Asking these questions will help you decide whether or not the deal is worth it.
Are you ready to learn more?
Let’s dive in!
Key Takeaways:
Introduction (00:00)
What’s in the news, Heather? (01:43)
Today’s subject (23:02)
The questions you need to ask sellers (24:06)
Answering some questions from our community (48:28)
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!
0:0031:08
7 Hidden Opportunities in Land Investing
Hosts
Hosts of this podcast episode
Pete ReeseHeather Reese
Keywords
Keywords of this podcast episode
land investingeasement propertieslandlocked propertiesflood zone propertiescreative problem-solvingstrategic marketingmaximizing valuetitle issuesAI in real estatecommercial landindustrial landprivate lending
In this week’s episode of the Turning Profit podcast, Heather and I discuss hidden opportunities within the land investing space.
We cover unique investment niches such as easement properties, landlocked properties, and flood zone properties, emphasizing creative problem-solving and strategic marketing.
If you want to learn more about maximizing value in the land investment market, this episode is for you.
Key Takeaways:
Introduction (00:00)
Hidden Opportunities in Land Investing (00:35)
Easement Properties: Unlocking Potential (02:09)
Navigating Landlocked Properties (08:00)
Investing in Flood Zone Areas (12:20)
Understanding Flood Zone Risks (15:02)
Navigating Title Issues in Land Ownership (15:25)
Creative Problem Solving in Real Estate (19:49)
Leveraging AI for Real Estate Solutions (22:15)
Building a Brand Around Unique Properties (24:44)
Opportunities in Commercial and Industrial Land (27:32)
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!
In this week’s episode of the Turning Profit podcast, Heather and I discuss hidden opportunities within the land investing space.
We cover unique investment niches such as easement properties, landlocked properties, and flood zone properties, emphasizing creative problem-solving and strategic marketing.
If you want to learn more about maximizing value in the land investment market, this episode is for you.
Key Takeaways:
Introduction (00:00)
Hidden Opportunities in Land Investing (00:35)
Easement Properties: Unlocking Potential (02:09)
Navigating Landlocked Properties (08:00)
Investing in Flood Zone Areas (12:20)
Understanding Flood Zone Risks (15:02)
Navigating Title Issues in Land Ownership (15:25)
Creative Problem Solving in Real Estate (19:49)
Leveraging AI for Real Estate Solutions (22:15)
Building a Brand Around Unique Properties (24:44)
Opportunities in Commercial and Industrial Land (27:32)
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!
0:0027:46
How Will Tariffs Affect Land Investing?
Hosts
Hosts of this podcast episode
Pete ReeseHeather Reese
Guests
Guests of this podcast episode
Maddie
Keywords
Keywords of this podcast episode
tariffsland investingconstruction costsagricultural land valuesconsumer confidenceinflationary pressuresindustrial landdue diligence
In this week's episode of the Turning Profit podcast, Maddie and I discuss the implications of tariffs on the land investing market.
We explore how tariffs and the potential retaliatory measures can influence construction costs, agricultural land values, and overall consumer confidence.
Our conversation covers various aspects such as higher construction costs, inflationary pressures, and the potential for increased value in industrial land.
We wrap up by emphasizing the importance of staying informed and employing due diligence in these uncertain times.
If you want to learn more about how tariffs can affect land investing, this episode is for you.
Introduction (00:00)
Current Events: The Impact of Tariffs (00:19)
Understanding Tariffs: A Basic Explanation (01:25)
Effects on Land Investing: Higher Construction Costs (04:02)
Agricultural Land: Retaliatory Tariffs and Reduced Demand (06:26)
Inflationary Pressures: Higher Interest Rates and Borrowing Costs (08:31)
Industrial Land: The Shift Towards Domestic Manufacturing (10:25)
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!
In this week's episode of the Turning Profit podcast, Maddie and I discuss the implications of tariffs on the land investing market.
We explore how tariffs and the potential retaliatory measures can influence construction costs, agricultural land values, and overall consumer confidence.
Our conversation covers various aspects such as higher construction costs, inflationary pressures, and the potential for increased value in industrial land.
We wrap up by emphasizing the importance of staying informed and employing due diligence in these uncertain times.
If you want to learn more about how tariffs can affect land investing, this episode is for you.
Introduction (00:00)
Current Events: The Impact of Tariffs (00:19)
Understanding Tariffs: A Basic Explanation (01:25)
Effects on Land Investing: Higher Construction Costs (04:02)
Agricultural Land: Retaliatory Tariffs and Reduced Demand (06:26)
Inflationary Pressures: Higher Interest Rates and Borrowing Costs (08:31)
Industrial Land: The Shift Towards Domestic Manufacturing (10:25)
