Episode 020: The Art of Land Flipping with Pete Reese
The great thing about real estate investing is that you can choose to focus on a lot of different areas – multifamily, mobile home parks, self-storage, house-flipping, etc. However, how do you know which ones are the right investments for you?
In today’s episode, Pete Reese joins us to discuss the art of land flipping. An investor for more than 20 years, Pete is also a licensed broker in the state of California. In the last two years, he has gotten into land flipping.
The best thing about land flipping is you only have to do little things to make the property attractive to buyers, as opposed to flipping a house. But there are also things you can do to make the land more accessible for a quicker turnover.
At the end of the day, you have to find a model that aligns with who you are and what your strengths are. Try to see if land flipping is the right fit for you.
In this episode, you will hear:
Pete’s introduction to real estate investing and home flipping
The benefits of getting yourself licensed for easier access to properties
Lessons he learned from selling bank-owned properties
Ways to get your property turned over quickly
Finding your ideal buyers and partnering with local brokers
Other ways to approach land-flipping
How personality plays a big role in real estate investing
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Supporting Resources:
Pete Reese
Website - https://turningprofit.com/
Email: reese@turningprofit.com
LinkedIn - https://www.linkedin.com/in/petereese1/
Turning Profit Podcast - https://podcasts.apple.com/us/podcast/turning-profit/id1655676400
Rich Dad Poor Dad by Robert Kiyosaki - https://www.amazon.com/Rich-Dad-Poor-Teach-Middle/dp/1612680194
Zen and the Art of Real Estate Investing Resources
Website - www.streamlined.properties
YouTube - https://www.youtube.com/c/JonathanGreeneRE/videos
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Email - info@streamlined.properties