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)

Erosion of Consumer Confidence (13:51)

Downstream Effects of Real Estate Crashes (14:34)

Regional Economic Impacts (16:34)

Opportunities in a Changing Market (17:54)

The Importance of Due Diligence (23:28)

Conclusion and Investment Opportunities (26:40)

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!

In this week’s episode of the Turning Profit podcast, Maddie and I discuss our new business venture, Sunland America, an early-stage solar farm development company.

We explore the steps we're taking to build the company, focusing on community-scale solar farms, and discuss the key aspects and challenges of the solar development industry.

We also highlight our unique approach, including leveraging our expertise in land acquisition and the importance of a robust project pipeline.

If you want to learn more about starting and scaling a solar farm development company, this episode is for you.

Key Takeaways:

Introduction (00:00)

Introducing Sunland America (00:39)

Understanding Community Scale Solar Farms (01:09)

The Process of Securing Land for Solar Projects (03:45)

Stages of Solar Farm Development (06:16)

Federal Incentives and Tax Credits (08:20)

Business Strategy and Investor Opportunities (13:51)

Building a Modern, Decentralized Company (19:12)

The Benefits and Challenges of Remote Work (20:54)

Leveraging Technology and AI in Recruitment (21:20)

Establishing the Company and Initial Steps (22:16)

Investor Meetings and Fundraising Efforts (23:39)

The Importance of a Strong Project Pipeline (25:11)

Recruiting Top Talent for Success (28:37)

Final Thoughts and Future Prospects (31:51)

How to Get Involved and Closing Remarks (36:07)

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!

In this week’s episode of the Turning Profit podcast, Heather and I discuss our 25-year journey in real estate investment, sharing some of our stories of success, crazy mishaps, and valuable lessons learned along the way.

We delve into specific experiences such as navigating the Great Recession, dealing with hostile neighbors, and managing a motel venture gone awry.

We also reflect on challenging moments like dealing with abandoned goats, hurricane damage, and bank foreclosures, emphasizing the importance of treating real estate as a business.

If you want to learn more about the ups and downs of real estate investment, this episode is for you.

Key Takeaways:

Introduction (00:00)

25 Years of Real Estate Experience (00:30)

Navigating Real Estate Market Changes (00:52)

Adventures in Property Flipping (01:49)

Challenges with Neighbors and Regulations (02:53)

Lessons from a Bad Investment (12:48)

The Wisconsin Motel Project (19:53)

Discovering the Perfect Place (23:57)

Challenges of Doing Business in California (24:14)

Seasonal Shutdowns and Contractor Issues (24:32)

Unexpected Costs and Financing Decisions (25:04)

Deciding to Sell the Property (26:25)

Marketing and Selling the Property (27:17)

Reflecting on the Losses and Lessons Learned (28:17)

The Dark Days of REO Experience (29:38)

Crazy Situations in Real Estate (30:56)

Tornado Aftermath and Unexpected Challenges (44:39)

Opportunities in Solar and Final Thoughts (47:06)

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!

In this week’s episode of the Turning Profit podcast, Heather and I explore various creative business concepts that can transform vacant pieces of land into profitable ventures.

We discuss five unconventional business ideas, while also delving into practical steps such as zoning, site preparation, marketing strategies, and the importance of understanding business numbers to ensure profitability.

Additionally, we share how we’re applying these principles to our new business venture.

If you want to create profitable uses for your vacant land, you don’t want to miss this.

Key Takeaways:

Introduction (00:00)

Five Business Ideas for Vacant Land (00:35)

Vintage Market: A Unique Business Idea (01:55)

Pumpkin Patch and Christmas Tree Farm (11:18)

Active Outdoor Business Ideas (20:14)

Understanding Your Market and Revenue Potential (23:01)

Infrastructure and Hidden Costs (24:00)

Launching Sunland America: A New Venture (24:58)

Renting Parking Spots for Revenue (27:30)

Creating a Premium Dog Park (32:54)

Honorable Mentions and Creative Ideas (37:27)

Final Thoughts and Investment Opportunities (44:28)

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!

In this week’s episode of the Turning Profit podcast, Heather and I discuss strategies for achieving exponential growth, particularly through the key concepts from Dan Sullivan's book “10x is Better than 2x.”

We explore various points from the book and how adopting a 10x mindset can lead to radical business innovation.

We also cover the surprising benefits of gene-edited bananas, the merits of bootstrapping versus taking on investors, the impacts of daylight saving time, and a detailed debate about the pros and cons of rentals versus land investing.

If you want to learn more about achieving massive growth while managing the intricacies of different investment strategies, this episode is for you.

Key Takeaways:

Introduction (00:00)

Today's Agenda: Key Topics Overview (00:22)

10x is Better Than 2x: A Deep Dive (00:31)

The 10x Mindset: Key Takeaways (01:43)

No More Brown Bananas: A Technological Breakthrough (15:16)

Bootstrapping vs. Taking on Investors (18:10)

Investor Opportunities and Excitement (22:56)

Daylight Savings Time Debate (25:29)

Rentals vs. Land Investing: The Great Debate (30:40)

Final Thoughts and Contact Information (44:41)

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!

In this week’s episode, Heather and I dive deep into Felix Dennis’ book “How to Get Rich.”

We discuss eight key concepts detailed in the book, which include analyzing the need for wealth, focusing on great execution, eliminating negative influences, and maintaining ownership.

We also share some updates on our solar development venture and current strategies for enhancing our land investment business.

If you're interested in wealth-building principles and business growth strategies, you don’t want to miss this.

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!

In this week’s episode of the Turning Profit podcast, Heather and I discuss resistance to technology, drawing parallels between historical Luddites and modern attitudes toward AI.

We delve into the origins of the Luddite movement, its implications for today's technology resistance, and the opportunities presented by embracing advancements like AI.

We also talk about personal habits for success and business strategies for growth that we’re using ourselves to advance our ongoing and new projects.

If you want to learn more about balancing technology adaptation with modern business practices and personal growth habits, this episode is for you.

Key Takeaways:

Introduction (00:00)

The Concept of Luddites and Technology Resistance (00:31)

Adapting to New Technologies (02:44)

Personal Anecdotes on Technology Adoption (03:59)

The Impact of AI on Various Industries (05:36)

The Revolutionary Potential of GLP-1 Drugs (08:58)

The Importance of Embracing Medical Advances (14:18)

Playing a Bigger Game in Business (18:23)

Introduction to Sunland America (00:19)

Strategic Sizing and State Incentives (28:22)

Challenges in Project Approval (30:09)

Innovative Land Use and Agrivoltaics (31:08)

Investor Opportunities and Exit Strategy (32:01)

A Day in My Life: Morning Routine (33:38)

Daily Work and Family Time (39:57)

Evening Routine and Personal Time (42:20)

Favorite Podcasts and Final Thoughts (47:17)

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!

#landflipping #PartnerwithPete #landinvesting

In this week’s episode of the Turning Profit podcast, Heather and I discuss various strategies and stories that can impact your journey toward success.

Starting with a story about a significant land deal involving Amazon, we use it as an example of the possible opportunities to explore in the land development space.

We also touch on how practical applications of fitness principles and AI insights can enhance your productivity as an investor and business operator right now.

If you want to learn more about optimizing your approach in business and investing, this episode is for you.

Key Takeaways:

Introduction (00:00)

The Big Land Flip Story (01:25)

Fitness and Investing: A Surprising Connection (11:25)

Understanding Agency: Taking Action Towards Goals (20:55)

Embracing Imperfection and Adaptability (23:33)

The Role of Intelligence and Agency in Success (24:03)

Lessons from 'Who Moved My Cheese?' (24:47)

Navigating Low and High Energy Days (26:01)

Exciting Announcement: New Solar Development Company (26:49)

Leveraging ChatGPT for Business and Personal Growth (31:34)

Doubling Down on What Works (45:03)

Wrapping Up and Final Thoughts (48:26)

—

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

—

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, we delve into the complexities of infill lots, why we’ve decided to stop buying them, and why you should too.

Over the past year, infill lots have proven to be more complicated and riskier compared to rural properties, leading to losses and extended holding periods.

We explore the various issues encountered with infill lots, such as wetlands, shared driveways, and endangered species, and discuss alternative investment strategies.

If you want to learn how to redirect your efforts for greater gains in land investing, you don’t want to miss this.

Key Takeaways:

Introduction to Infill Lots (00:00)

Welcome to the Turning Profit Podcast (00:19)

Why We Stopped Buying Infill Lots (00:26)

Our Experience with Infill Lots (00:57)

Defining Infill Lots (02:07)

Challenges with Infill Lots (03:05)

Acquiring Infill Lots (04:10)

Difficulties and Losses (06:51)

Business Performance and Losses (14:11)

Future Plans and Announcements (16:31)

Summary and Final Thoughts (20:06)

—

✨ 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!

In this episode of the Turning Profit Podcast, we dive into advanced real estate investment and tax strategies with Mathew Owens, CPA and seasoned real estate investor.

Mathew shares his journey from leaving his CPA firm to flipping over 1,000 houses, the lessons learned from the 2008 financial crash, and the importance of setting up the right legal and tax structures.

He also discusses his diversified investment approach, which includes multi-family properties, mobile home parks, and lending.

The conversation highlights various ways to mitigate taxes, raise capital, and efficiently manage multiple entities across different states.

If you're interested in sophisticated real estate investment tactics and tax planning, this episode is a must-listen.

Key Takeaways:

Introduction (00:00)

Introduction to Mathew Owens (00:22)

Mathew's Journey from CPA to Real Estate (01:30)

Overcoming Challenges in Real Estate (02:24)

Current Real Estate Ventures (03:25)

Tax Planning and CPA Firm (04:27)

Entity Structures and Liability Protection (07:30)

Investment Strategies and Diversification (11:27)

Raising Capital and Fund Structures (17:50)

Debt Financing and Personal Guarantees (21:39)

Investor Protection and Bank Loans (23:07)

Interest Rate Arbitrage Explained (23:32)

Strategies for Raising Capital (27:25)

Building Trust with Investors (29:42)

Favorite Real Estate Niches (37:28)

Economic Outlook and Investment Tips (39:03)

Conclusion and Contact Information (42:36)

--

✨ 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!