90 episodes

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!

Turning Profit Pete and Heather Reese

    • Business

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!

    How We Scaled Our Land Investing Business with the Right Team

    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 business grew, we realized we needed help. We began by hiring a virtual assistant to handle administrative tasks such as spreadsheet management and email organization. This freed up my time to focus on higher-level tasks.
    The next addition to our team was a lead manager. This role involved managing leads as they came in, organizing them in our system, and doing basic research on the properties. The lead manager helped us focus on other tasks, such as negotiating deals and managing the business.
    Tune in to learn the exact steps to build a strong team that helps you grow your real estate investing business efficiently and effectively.
    Key Takeaways
    Intro (00:00)
    Building a real estate investing team with defined roles (01:08)
    Hiring a lead manager and acquisition managers (06:27)
    Outsourcing a call center (08:24)
    Roles in a real estate investment company (10:13)
    Involving family members in business roles (17:08)
    Team expansion and utilizing tools for growth (23:33)
    Resources to optimize your team (24:35)
    Q&A from Land Conquest Community (25:56)
    Additional Resources:
    ✨Want us to Fund your Land Flipping Deal? Submit your deals at https://partnerwithpete.com/
    ✨ Scale Your Land Flipping Business With Next-Gen Automation! https://software.landconquest.com/
    ✨ Learn more about our paid membership and community of land investors: https://go.landconquest.com/premium
    ✨ 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 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!

    • 38 min
    AI, Robots, and Blockchain are Changing Land Flipping FOREVER

    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 development is the rise of remote work and new technologies might lead to a shift in population centers. People may move away from crowded cities and gravitate towards areas with booming tech industries. This could create new opportunities for land investors in these emerging hubs.
    While technology is transforming the industry, some core land investment principles remain constant. By staying informed about these emerging trends, you can position yourself as a land investor to capitalize on the opportunities they present.
    Join Heather and I in this episode as we discuss the current uses of AI in land investing also predict what’s coming in the next few years.
    This is an exciting episode that you don’t want to miss! Tune in!
    Key Takeaways
    Intro (00:00)
    AI's impact on the land investing business. (01:55)
    Tech advancements in land/real estate investing (09:22)
    AI chatbots and their use in business (11:31)
    Using AI to streamline land investing tasks (15:20)
    The future of property valuation (20:05)
    Blockchain’s impact on property records (25:19)
    Q&A from our community (31:30)
    Additional Resources:
    ✨Want us to Fund your Land Flipping Deal? Submit your deals at https://partnerwithpete.com/
    ✨ Scale Your Land Flipping Business With Next-Gen Automation! https://software.landconquest.com/
    ✨ Learn more about our paid membership and community of land investors: https://go.landconquest.com/premium
    ✨ 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 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!

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

    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 the operations.
    But one important thing to note is that land investment is not static. That's why we'll also talk about the art of adapting your plan.
    Learn how to be flexible and adjust your strategies as your skills evolve, your priorities shift, or the market changes.
    In this episode, you'll hear:
    How to pick the perfect land investing niche to align with your goals and interestsWhy building a team is key to successThe importance of flexibility in your business planHow to stay on top of market trends and adapt your approachThe power of a clear vision and how to use it to stay focusedTune in to listen to the full episode for steps toward designing your perfect land investment business. 
    Key Takeaways
    Intro (00:00)
    Our experience and qualifications in land and real estate investing (01:43)
    Business models in land investing (07:49)
    Financial planning and reverse engineering (14:50)
    Building a team and delegating tasks (18:01)
    Vision and aligning business with values (22:44)
    Financing options for land deals (24:40)
    Adapting plans and staying flexible (26:42)
    Q&A from the Land Conquest Community (28:14)
    Additional Resources:
    ✨Want us to Fund your Land Flipping Deal? Submit your deals at https://partnerwithpete.com/
    ✨ Scale Your Land Flipping Business With Next-Gen Automation! https://software.landconquest.com/
    ✨ Learn more about our paid membership and community of land investors: https://go.landconquest.com/premium
    ✨ 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 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!

    • 36 min
    Exposing The Good, The Bad, and The UGLY of Land Investing

    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 tackle the ugly side, including the challenges of finding motivated sellers and the uneven cash flow you might experience.
    Tune in to get a glimpse of how land flipping works and whether it's your ticket to financial freedom.
    Key Takeaways
    Introduction (00:00)
    Scaling a land business with potential for high profits (06:01)
    Real estate investing with a focus on land deals (09:02)
    Challenges with finding contractors and financing (14:05)
    Benefits and challenges of land investing (16:58)
    Using direct mail offers (25:32)
    Cash flow challenges in land flipping (30:20)
    Pros and cons of land flipping (34:47)
    Lack of comps and personal preferences (38:46)
    Q&A from Land Conquest Community (38:16)
    Additional Resources:
    ✨Want us to Fund your Land Flipping Deal? Submit your deals at https://partnerwithpete.com/
    ✨ Scale Your Land Flipping Business With Next-Gen Automation! https://software.landconquest.com/
    ✨ Learn more about our paid membership and community of land investors: https://go.landconquest.com/premium
    ✨ 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 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!

    • 45 min
    7 Types of Land to NEVER Buy for ANY Price

    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 examples of land that shattered my original idea. I started running into pieces of land that were not worth it to buy at ANY price.
    That’s because these pieces of land were more of a liability than an asset. These lands can leave you holding an expensive, unproductive white elephant.
    Maddie and I break down the types of land you should never buy, including environmentally contaminated sites, inaccessible parcels, and properties in harsh climates. We go into the details of why these lands can become liabilities rather than assets and provide practical advice on the complexities of land investments. 
    By familiarizing yourself with these land red flags, you can significantly increase your chances of finding an investment property that delivers the returns you seek. Tune in! 
    Key Takeaways
    Intro (00:00)
    Seven types of land to avoid (02:26)
    The high percentage of unsuitable properties from pay-per-click leads (04:19)
    Challenges with landlocked properties (14:44)
    High property taxes and HOA fees (18:47)
    Land with open legal disputes or title problems (20:06)
    Commercial properties in small towns (28:07)
    Q&A segment from the Land Conquest Community (32:20)
    Additional Resources:
    ✨Want us to Fund your Land Flipping Deal? Submit your deals at https://partnerwithpete.com/
    ✨ Scale Your Land Flipping Business With Next-Gen Automation! https://software.landconquest.com/
    ✨ Learn more about our paid membership and community of land investors: https://go.landconquest.com/premium
    ✨ 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 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!

    • 53 min
    Partner with Pete Success Story - Arturo Paturzo

    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 how you too can achieve financial success like Arturo. Discover how presenting a deal to Pete and his adept team can lead to them conducting meticulous due diligence and splitting the profits 50/50!
    Perfect Opportunity for Aspiring Investors:
    If you’ve been contemplating diving into real estate investing, specifically land flipping, but are constrained by lack of funds, this is the golden opportunity you’ve been waiting for! Learn how you can start your journey in land flipping and realize your financial dreams without the initial capital!
    You Will Learn:
    - The step-by-step process of the Partner with Pete program.
    - How working with a seasoned land investor like Pete Reese can accelerate your success.
    - The potential profits awaiting you in the land flipping business.
    - Real-life success stories and insights from Arturo's experience.
    Links & Resources:
    - Partner with Pete Program - https://partnerwithpete.com
    - Land Conquest Community - https://landconquest.com
    - Subscribe to Our Channel - https://www.youtube.com/@turningprofit

    Watch Now and unlock the doors to your land flipping success with Pete Reese! Don’t forget to like, comment, share, and subscribe to stay updated with the latest insights and success stories in land investing!

    • 55 min

Top Podcasts In Business

The Lebo Lion Show
Africa Podcast Network
The Mark Moss Show
iHeartPodcasts
The Pomp Podcast
Anthony Pompliano
What Bitcoin Did with Peter McCormack
Peter McCormack
We Study Billionaires - The Investor’s Podcast Network
The Investor's Podcast Network
Big Business with Brittney Saunders
Nova Podcasts

You Might Also Like

The Land Investing Business Secrets
Jessey at Pebble
OnlyLandFans Podcast
Kendall LeJeune
Land Academy Show
Steven Butala & Jill DeWit
The REtipster Podcast | Real Estate Investing
Seth Williams
Land Investing, The Dirt Road to Wealth with Trevor Probandt
Trevor Probandt
The Real Estate Investing Podcast
Daniel Apke and Ron Apke