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In this episode of the Turning Profit Podcast, we dive into the critical steps involved in the due diligence process of land investing.
We discuss everything from on-site inspections, broker opinions, title reports, to comprehensive due diligence reports.
We also cover related topics like auctions and handling difficult property circumstances.
If you’re looking for a wealth of information in real estate or land investing, this episode is for you.
Key Takeaways:
Introduction to Real Estate Due Diligence (00:00)
Today's Topic: Researching a Property (00:46)
The Importance of Due Diligence (01:50)
Remembering Jimmy Buffett (02:48)
Communication in Real Estate Deals (06:03)
Onsite Inspections and Broker Opinions (12:58)
Revealing True Colors (33:59)
Agent Responsiveness (34:17)
Market Shifts and Comfort Zones (34:32)
Title Report Essentials (35:23)
Understanding Easements (37:58)
Due Diligence Report (41:40)
Navigating Closing Costs (48:06)
Handling Title Issues (50:52)
Exploring Real Estate Auctions (53:23)
Selling Challenging Properties (57:45)
Recap and Resources (01:00:17)
Additional Resources:
✨ Get all of our recommended tools and services at https://resources.landconquest.com
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Connect with Pete on LinkedIn here: https://www.linkedin.com/in/partnerwithpete/
—
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!
4.6
2828 ratings
In this episode of the Turning Profit Podcast, we dive into the critical steps involved in the due diligence process of land investing.
We discuss everything from on-site inspections, broker opinions, title reports, to comprehensive due diligence reports.
We also cover related topics like auctions and handling difficult property circumstances.
If you’re looking for a wealth of information in real estate or land investing, this episode is for you.
Key Takeaways:
Introduction to Real Estate Due Diligence (00:00)
Today's Topic: Researching a Property (00:46)
The Importance of Due Diligence (01:50)
Remembering Jimmy Buffett (02:48)
Communication in Real Estate Deals (06:03)
Onsite Inspections and Broker Opinions (12:58)
Revealing True Colors (33:59)
Agent Responsiveness (34:17)
Market Shifts and Comfort Zones (34:32)
Title Report Essentials (35:23)
Understanding Easements (37:58)
Due Diligence Report (41:40)
Navigating Closing Costs (48:06)
Handling Title Issues (50:52)
Exploring Real Estate Auctions (53:23)
Selling Challenging Properties (57:45)
Recap and Resources (01:00:17)
Additional Resources:
✨ Get all of our recommended tools and services at https://resources.landconquest.com
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Connect with Pete on LinkedIn here: https://www.linkedin.com/in/partnerwithpete/
—
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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