Turning Profit

By: Pete and Heather Reese
  • Summary

  • 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 investment business. Be sure to give us a follow, so you never miss an episode!

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Episodes
  • How to Fund Land Investments with Private Lenders
    Oct 1 2024

    In this episode, I am joined by my daughter, Maddie Reese, to talk about private money for real estate investing, with a particular focus on land deals.

    Maddie and I explain the benefits of using private lenders, especially in an industry where traditional bank financing is less common.

    We also discuss the importance of thorough due diligence to de-risk the properties we buy and other strategies such as working with brokers, conducting title searches, and visiting properties in person.

    By consistently buying properties at 50% below market value, we demonstrate how we limit risk while offering high returns to private lenders.

    We offer tips to land investors on how to find private lenders through networking and building trust over time.

    We're also sharing how to become a private lender yourself and earn 12-15% returns. It's all in the episode – listen now!

    Key Takeaways

    Introduction (00:00)

    Private money in real estate (01:48)

    The definition and benefits of private money (04:14)

    Risk management when buying land (06:20)

    Typical structure of private money deals (10:05)

    Finding private lenders through networking (15:58)

    "Partner with Pete" equity partnership program (21:27)

    Invitation for potential lenders to connect (25:17)

    Q&A from the Land Conquest Community (26:05)

    Additional Resources:

    ✨ Join 4,500+ people in our free land-flipping community: https://www.skool.com/landconquest

    ✨ 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!


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    37 mins
  • Sisters Turn Sibling Rivalry into A Land Investing Empire
    Sep 24 2024

    Have you ever felt lost about what your next step in life should be? That was Mary. Moving to a new state, her business closed during COVID-19, unsure of what the future held. And Ann? She was halfway across the world in the Philippines, locked down and searching for a new opportunity.

    Then, they discovered land investing.

    In our latest episode, Ann and Mary Danielson share their incredible journey. They started during the pandemic, learned everything they could about the business, and found their niche in subdividing properties.

    From making their first deal to creating a sustainable business model, these sisters have a story that will inspire you. And they don't hold back on the lessons they've learned along the way.

    If you've ever thought about investing in land or just love hearing how people turn challenges into success, this is the episode for you.

    Listen now and get inspired!

    Key Takeaways

    Introduction (00:00)

    How the Danielson sisters started in land investing (01:44)

    First deal and lessons learned (04:19)

    Success with subdividing properties (07:59)

    Managing business remotely (14:24)

    Weird stories from land flipping (18:14)

    Land Conquest community connections (20:39)

    Importance of boots on the ground (17:07)

    Future plans for their business (28:35)

    Additional Resources:

    ✨ Join 4,500+ people in our free land-flipping community: https://www.skool.com/landconquest

    ✨ 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!



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    33 mins
  • A Beginner's Guide to the Land Investing Business Model {REPLAY}
    Sep 17 2024

    In this week's rerun episode, Heather and I explain the land flipping business model. We'll cover all the essential steps, from start to finish, so you can learn how to flip land successfully.

    While we won't go into every single detail (that would take several episodes), if you're eager to learn more, join our free land investing community, Land Conquest (link below).

    For now, this episode will give you a solid overview of the key steps involved.

    Plus, we'll answer intriguing questions from our land flipping community at the end.

    So, sit back, relax, and let's get started!

    Key Takeaways:

    Introduction (00:00)

    Why land? (04:40)

    How land flipping works (10:17)

    Why you should research the market (12:19)

    Time to build a list (17:47)

    Let’s talk about mail (21:19)

    Respond to incoming leads (24:59)

    Get under contract (31:52)

    Don’t forget to do your due diligence (33:40)

    Property marketing 101 (39:33)

    Closing the resale transaction (43:19)

    What should your goals be? (49:07)

    Let’s answer some questions (49:55)

    Additional Resources:

    ✨ Join 4,500+ people in our free land-flipping community: https://www.skool.com/landconquest

    ✨ 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!

    Show more Show less
    1 hr and 3 mins

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Raw and Down to Earth

Forward and straight to the point. Plug n play instructions. Calm and confident folks. Family oriented. Scalable business. Generational wealth.

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