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Elite Agent Secrets, Start, Grow and Scale Your Real Estate Business
Pete Reese is the President of Reelvest Properties, a land development and investment company. With nearly two decades of real estate experience as a broker and investor, Pete has successfully purchased and sold hundreds of pieces of real estate for a profit over the years for himself and on behalf of his clients. He's on track to earn $4 million in revenue in 2022 with his land flipping and development business. Pete's always looking for his next deal, including his longtime dream of his own private island. Besides his professional accomplishments, Pete is a proud father to three beautiful girls, keeps up with his family by working out and enjoying a vegan diet, and is the 31st great-grandson of King Henry II. [PARTNER WITH US] Get instant 1-on-1 access to over 26 of the top agents in the country to help scale your business.
Elite Agent Secrets, Start, Grow and Scale Your Real Estate Business
Pete Reese is the President of Reelvest Properties, a land development and investment company. With nearly two decades of real estate experience as a broker and investor, Pete has successfully purchased and sold hundreds of pieces of real estate for a profit over the years for himself and on behalf of his clients. He's on track to earn $4 million in revenue in 2022 with his land flipping and development business. Pete's always looking for his next deal, including his longtime dream of his own private island. Besides his professional accomplishments, Pete is a proud father to three beautiful girls, keeps up with his family by working out and enjoying a vegan diet, and is the 31st great-grandson of King Henry II. [PARTNER WITH US] Get instant 1-on-1 access to over 26 of the top agents in the country to help scale your business.
Elite Agent Secrets, Start, Grow and Scale Your Real Estate Business
Pete Reese is the President of Reelvest Properties, a land development and investment company. With nearly two decades of real estate experience as a broker and investor, Pete has successfully purchased and sold hundreds of pieces of real estate for a profit over the years for himself and on behalf of his clients. He's on track to earn $4 million in revenue in 2022 with his land flipping and development business. Pete's always looking for his next deal, including his longtime dream of his own private island. Besides his professional accomplishments, Pete is a proud father to three beautiful girls, keeps up with his family by working out and enjoying a vegan diet, and is the 31st great-grandson of King Henry II. [PARTNER WITH US] Get instant 1-on-1 access to over 26 of the top agents in the country to help scale your business.
Welcome to another episode of Founders Club! On this episode we'll be talking to Pete Reese about how to make money Flipping Land. Connect with Founders Club Host Oliver Graf on Instagram: @OliverGraf360 Pete Reese, a seasoned real estate investor who has made millions flipping land. Pete shares his journey, from the challenges he faced starting out to the strategies he uses to find, analyze, and fund profitable land deals. Discover his marketing tactics, negotiation tips, and preferred exit strategies that have contributed to his incredible success. Do me a solid and… Leave a 5 star review! Find me on Instagram: @OliverGraf360 Subscribe to my YouTube channel: http://www.youtube.com/c/OliverGrafTV Get on my VIP email list and get new episodes of Founders Club straight to you inbox: http://eepurl.com/g_L2Ev Book me to speak: https://olivergraf.tv/speaking Book a 1-on1 coaching session: https://calendly.com/olivergraf360/vip
Real Estate Investing Success San Diego is the show that takes you on a conversational journey through the ins and outs and the ups and downs of the San Diego, California area real estate investing industry to help you reach your goals of financial freedom through real estate investing. Discover the keys to real estate investing success in San Diego with Pete Reese (Real Estate Investor $8.2M '23 Land Flip Revenue Land Conquest - Land Flipping Training Host of the Turning Profit Podcast). Dive into the market's unique challenges and opportunities to unlock your financial freedom through strategic land flipping. Contact Pete Reese https://www.linkedin.com/in/partnerwithpete/ Follow and subscribe now to United States Real Estate Investor on all the socials and on your favorite podcast app. https://www.unitedstatesrealestateinvestor.com/
EPISODE 143: Want to double your money flipping land? I've got you! Today's guest is Pete Reese, an experienced real estate investor who made $1.2 million in his first year by flipping land with up to 50% profit margins. Pete is the President of Reelvest Properties, host of the Turning Profit Podcast, and has created a thriving community of over 2000 land flippers. Today, he's here to teach you everything you need to know to succeed in flipping land, so you better stick around. Tune in! Key Takeaways: 00:00:00 Intro 00:00:34 How Pete got into land flipping 00:05:06 Scaling a land flipping business 00:07:41 Lead generation and marketing in the land-flipping space 00:12:48 How much money do you need to get into land flipping? 00:18:01 Pete's vegan diet 00:21:20 Book recommendations 00:23:05 Outro — Get in touch with Pete Reese:
Pete Reese is the President of Reelvest Properties, a land development and investment company. With nearly two decades of real estate experience as a broker and investor, Pete has successfully purchased and sold hundreds of pieces of real estate for a profit over the years for himself and on behalf of his clients. He did $8.2 Million in Revenue in 2023 with his land flipping and development business, and he's pushing to do $20 Million in 2024. Pete's always looking for his next deal, including his longtime dream of his own private island. Besides his professional accomplishments, Pete is a proud father to three beautiful girls, keeps up with his family by working out and enjoying a vegan diet, and is the 31st great-grandson of King Henry II. More About Pete: https://landconquest.com https://partnerwithpete.com https://www.instagram.com/partnerwithpete https://www.tiktok.com/@PartnerwithPete https://www.linkedin.com/in/partnerwithpete https://twitter.com/PeteReese https://turningprofit.com https://www.youtube.com/@turningprofit . . TIMESTAMPS: 00:00 - Highlights 00:37 - Intro 01:56 - Land Flipping Business 18:12 - Real Estate Opportunities 28:28 - Courses & Mentorships 35:03 - Financing Real Estate Deals 38:16 - Other Investments & Tax Benefits 47:09 - Building a Team & Delegating tasks 56:29 - Family & Working With Loved Ones 01:03:57 - The Spark . .
Dave Lukas, The Misfit Entrepreneur_Breakthrough Entrepreneurship
This week's Misfit Entrepreneur is Pete Reese. Pete is the President of Reelvest Properties, a land development and investment company. With nearly two decades of real estate experience as a broker and investor, Pete has successfully purchased and sold hundreds of pieces of real estate for a profit over the years for himself and on behalf of his clients. He did $3.5 Million in Revenue in 2022 with his land flipping and development business, and did over $10 Million in 2023. When I learned about what Pete was doing, I had to have him on. He has found a niche in “land flipping.” It is a fascinating way to create income and earn a living that Pete has been teaching others to do for years. I wanted to have him on to explain the concept and how it works compared to other types of real estate investing. Land Conquest Community: landconquest.com/ Social Media: @partnerwithpete To see the full show notes and Misfit 3 for this episode, go to www.MisfitEntrepreneur.com Show Sponsors: Hims: For all you Misfit Entrepreneur Men out there, Hims offers an array of high-quality options including pills or chews for ED and serums, sprays, or oral options for hair loss. And right now, you can get your FREE online visit today a Hims.com/Misfit 5 Minute Journal: The best 5 minutes you will spend each day to help you succeed! www.MisfitEntrepreneur.com/Journal
The Big Picture Blueprint: Navigating Land, Real Estate, and Business Success
Join us as we pull back the curtain on the world of land investing with Pete Reese, a seasoned investor who has built a successful enterprise from the ground up. Pete's strategy is as straightforward as it gets — send out more mail, secure more deals, and invest heavily in marketing. It's not a get-rich-quick scheme, but a business that requires dedication, strategy, and a whole lot of grit.Dive into the nitty-gritty of land investing as Pete shares valuable insights on hiring the right people, building a positive team culture, and the significance of a strong team mindset. Discover how economies of scale influence the cost per deal and overall margins, and learn about the Entrepreneurial Operating System (EOS), a game-changer for Pete's business operations. Plus, Pete shares his evolving financing strategies for land deals, walking us through his shift from personal cash investments to partnering with private lenders.Get ready for a deep dive into sustainable land flipping and the importance of adding value to a property. Hear about Pete's ambitious long-term goals as he plans to scale his business using creative strategies, including TV ads and strategic partnerships. Explore Pete's contributions to the land-flipping community, including a free training program and his very own podcast. Learn from the best and start scaling your land investing business today.What we learned from Dan, Mason, & Pete in this episode:- Scaling Land Investing With Pete Reese- Hiring and Training Salespeople for Acquisitions- Implementing EOS System, Financing Real Estate- Sustainability and Value-Adding in Land Flipping- Real Estate Investing and Long-Term Goals- Exploring Expansion Opportunities and Partnership Benefits- Land Flipping Community and Training Program- Partnership Opportunities With PeteConnect With Us:https://linktr.ee/thebigpictureblueprint Connect With Pete Reese:Website: https://turningprofit.com/ Website: https://landconquest.com/ LinkedIn: https://www.linkedin.com/in/partnerwithpete/ Instagram: https://www.instagram.com/partnerwithpete/ YouTube: https://www.youtube.com/@turningprofit
You've heard of flipping houses but have you ever heard of flipping land as a business model? In this episode, Neil talks to Land Flipping Expert Pete Reese, a seasoned real estate pro. Pete gives listeners a clear blueprint of his strategy. From understanding market conditions, buyer profiles, and the significance of property locations to Pete's target number for investments (hint: it's around $30,000), Neil and Pete uncover the layers of this lucrative business model. Whether you're a novice or a seasoned investor, this episode offers a comprehensive guide to navigating the challenges and embracing the opportunities in land flipping. Tune in for a wealth of insights, strategies, and tips that could just revolutionize your next investment move. [00:00 - 08:05] Land Flipping - An Unconventional Means to Financial Freedom [08:06 - 11:24] Land Flipping Essentials: What You Need To Know Before Getting Started [11:25 - 14:58] Land Flipping as a Side Hustle [14:59 - 18:17] Do's and Don't With Land Flipping – Pete Shares His Biggest Lessons [18:18 - 20:17] Final Thoughts Connect with Pete on LinkedIn. Check out his podcast: https://turningprofit.com Key Quotes: "If you put in the effort, really learn how to evaluate properties, and learn the business model, it's something you could do on the side." – Pete Reese “The main thing we try to do is double our money on each transaction." – Pete Reese "Local knowledge is really invaluable. Especially when you talk to someone that knows what they're doing, and they're a land specialist." – Pete Reese Let's get connected! You can find me on LinkedIn, Instagram, Facebook & YouTube. Head to Voltage Digital Marketing to boost your brand and sales exposure!If you liked the show, please LEAVE A 5-Star REVIEW, like, and subscribe through your favorite streaming platform!
EPISODE SUMMARY: Get ready to meet Pete Reese, the president of ReelVest Properties, who's turned land flipping into a multi-million dollar venture. In our engaging conversation, Pete takes us along his journey to success, from navigating the tricky foreclosure market to transforming ReelVest into a formidable player in the land business. He also delves into his foray into the realm of online education, where he managed to gross 3.5 million in 2022 and has his sights set on a cool 10 million for 2023. Pete's strategic approach to expanding into multiple real estate markets, his knack for identifying value, and the secrets behind his successful scaling are nothing short of inspiring. As he shares his sage advice for anyone eyeing the land business, you'll get invaluable insights into evaluating properties and knowing when you've struck a deal. And for those of you wondering about funding these deals, Pete assures us that there's plenty of money out there. So, tune in and let Pete inspire you to make your mark in the land business. PETE'S BIO: Pete Reese is the President of Reelvest Properties, a land development and investment company. With nearly two decades of real estate experience as a broker and investor, Pete has successfully purchased and sold hundreds of pieces of real estate for a profit over the years for himself and on behalf of his clients. He's on track to earn $4 million in revenue in 2022 with his land flipping and development business. Pete's always looking for his next deal, including his longtime dream of his own private island. Besides his professional accomplishments, Pete is a proud father to three beautiful girls, keeps up with his family by working out and enjoying a vegan diet, and is the 31st great-grandson of King Henry II. GET IN TOUCH WITH PETE: Business: https://reelvest.com Podcast: https://turningprofit.com Instagram: https://www.instagram.com/turning_profit Youtube: https://www.youtube.com/channel/UCp6dkG5XJXlZCuttM7Qhq0Q Twitter: https://twitter.com/turningprofit TikTok: https://www.tiktok.com/@turningprofit EPISODE CHAPTERS: (0:00:00) - Scaling Land Flipping Business Success Pete Reese's journey to success scaling ReelVest Properties from one to ten million dollars, land flipping, and his move to an online education business are discussed. (0:07:16) - Expanding Into Multiple Real Estate Markets Pete Reese's ReelVest Properties land business is discussed, exploring values, title, and variables to determine property value. (0:21:53) - Getting Into the Land Business Advice Pete Reese advises on evaluating properties, finding funding, and growing a land business. For informational purposes only. Always consult with professionals. This is not meant to be used as legal or tax advice or otherwise. Any projections, opinions, assumptions, or estimates used are for example only. All information should be independently verified and is subject to errors and omissions. Check out some of our other videos and listings: PreReal Podcast https://www.youtube.com/watch?v=pTgZYyrkRyU&list=PLbyMUN39hTNWUFWH-tprcR0sTOwdqCfuk PreReal™, Prendamano Real Estate of staten island, NY is a real estate marketing firm that is focused on lead generation for all its properties for sale. More leads equals bigger pockets in the end for everyone. If you are house hunting and looking for a house for sale don't hesitate to give us a call (718)200-7799. If you think it is time to sell your house, we can get you top dollar for your property. Visit us at www.prereal.com Follow us on: Facebook: https://www.facebook.com/PrendamanoRealEstate Instagram: @prerealpodcast @prerealestate TikTok: @prerealestate Twitter: @prerealestate #RealEstate #Tips #PreReal
This week we welcome Pete Reese of Reelvest Properties and host of the Turning Profit Podcast to discuss making money from real estate, with a focus on flipping land. You can find Pete at www.turningprofit.com.Copy James at www.copymycrypto.com/sam!There's a smarter way to find and buy life insurance: www.policygenius.com!Head over to tradearies.com/cashdaddies for the big $100 promotion!Cash Daddies on social media: https://lnk.bio/d1sj/Check out Sam's dates: https://samtripoli.com/events/This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/5876593/advertisement
Welcome to OnlyLandFans, your ultimate podcast for land flippers, wholesalers, and developers seeking lucrative opportunities in the real estate market. In this episode, we sit down with the extraordinary Pete Reese, a true expert in Land Flipping, who has achieved astonishing success, generating millions of dollars each year within this little-known niche.Pete takes us on an inspiring journey through his rise in the Land Flipping industry, emphasizing the power of specialization. Learn how focusing on this niche has propelled Pete's success and how you too can leverage specialization to achieve remarkable results in your ventures.Delve into the world of Land Flipping as Pete shares invaluable strategies, tips, and hidden gems that have helped him seal game-changing deals. From uncovering untapped land markets to capitalizing on niche opportunities, this episode is packed with insights that will elevate your land investment game to new heights.Additionally, gain firsthand knowledge from Pete on overcoming challenges and managing risks in the Land Flipping landscape. Discover the art of building a thriving network and nurturing valuable industry connections to establish yourself as a key player in this exciting domain.If you're ready to unlock the untapped potential of Land Flipping and aspire to make millions through this hidden niche, join us on OnlyLandFans as Pete Reese reveals his secrets to success. Don't miss this chance to gain a competitive edge and propel your real estate ventures towards unprecedented prosperity!Enjoy the show!Pete Reese is the President of Reelvest Properties, a land development and investment company. With nearly two decades of real estate experience as a broker and investor, Pete has successfully purchased and sold hundreds of pieces of real estate for a profit over the years for himself and on behalf of his clients. He did $3.5 Million in Revenue in 2022 with his land flipping and development business, and he's pushing to do $10 Million in 2023. Pete's always looking for his next deal, including his longtime dream of his own private island. Besides his professional accomplishments, Pete is a proud father to three beautiful girls, keeps up with his family by working out and enjoying a vegan diet, and is the 31st great-grandson of King Henry.For more information on Pete, you can check him out here:FREE Land Flipping Community and Training Program at LandConquest.com◽️◽️◽️◽️◽️◽️⬇️OnlyLandFans Group⬇️https://www.onlylandfans.com/◽️◽️◽️◽️◽️◽️LET'S CONNECT ON SOCIAL:Website: https://www.Kendall-LeJeune.comInstagram: https://www.instagram.com/kendall_lejeuneTikTok: https://www.tiktok.com/@kendall_lejeune
On this episode of the Deal Farm®, Ken and Kevin sit down with Pete Reese. In just a few short years, Pete has scaled a massive land flipping business from the comfort of his beach view home in Del Mar California! You do not want to miss out on Pete's insights into building a massive land flipping operation.
Welcome To The Real Estate Underground Show #74!Join us for an insightful conversation with Pete Reese, President of Reelvest Properties, as he shares expert strategies on land flipping. Pete's passion for real estate dates back to his childhood, when he tried to convince his parents to buy a home. After making a lucrative profit of $50,000 from selling their first home, Pete and his wife turned their attention to flipping homes. Through research and experience, they ventured into land flipping and made their first successful deal in March 2021.In this episode, you will: •Learn how Pete's short-term hold business model generates a good acquisition price, and his secret on how they move properties in just 60-75 days.• Learn about their acquisition strategies, including how they identify the market price and generate a steady stream of deals. • You'll also find out what their average deal size is and how they get properties moving quickly.Want to connect with Pete and his community? Head over to turningprofit.com or check out their podcast of the same name for more insights and inspiration!
In 3 short years, Pete Reese has taken his land investing business from $1.2 million in revenue to a projected $10 million in 2023. And he has the receipts to prove it, posting his monthly income and deal breakdowns on his website so you can transparently see what's what. In this episode, he shares what his land business looks like internally and how he's grown it. From explaining all of his hires to pinpointing who you should consider hiring first when you're looking to scale. Plus, one simple pro tip that'll keep you on track and set up for success. IN THIS EPISODE LISTEN AND LEARN: How to build a teamWho to hire first in your land businessThe importance of having systems for your team
Pete Reese is the President of Reelvest Properties, a land development and investment company. With nearly two decades of real estate experience as a broker and investor, Pete has successfully purchased and sold hundreds of pieces of real estate. If you like what you hear be sure to like, share, subscribe! Podcast- Mindful Multi-Family show Instagram- Chris_Salerno_ Youtube Channel- Chris Salerno Facebook- The Mindful Multifamily Network Website- www.qccapitalgroup.com
Welcome, and thanks for checking in today to No Vacancy The Podcast! On this week's episode: Pete Reese's process on land flipping, what he looks for, and his future goals! Don't post this on Facebook! Call the police!! Join Pete's community at landconquest.com Connect: Show Notes | Start Your Airbnb Level Up Your Listing Women's Summit Tickets! Instagram Schedule a 1:1 consultation Podcast Producer: Kelsey Lujan | kelseylujan@gmail.com Learn more about your ad choices. Visit megaphone.fm/adchoices
We're all familiar with flipping homes, but have you ever heard of "Land Flipping?" Our guest today is real estate investor and podcast host Pete Reese who made $3.5M in 2022 from land flipping. However, Pete started his real estate career with the more commonly known strategy of flipping homes. Once he made the pivot to flip land, he hasn't gone back. Like everything, there are pros and cons to this strategy but Alan and Pete cover it all! From finding land owners to purchase from to the risks that come with land flipping, this episode is giving you all the dirt (pun intended)! Get the House Money Weekly Newsletter: housemoneymedia.com Get a Free Mortgage Consultation: jasminemortgageteam.com Check Out Pete's Website: turningprofit.com Follow Pete on IG: @turningprofitpete Follow Pete on Twitter: @TurningProfit Check Out Pete's YouTube Channel: Turning Profit Listen to the Turning Profit Podcast: Turning Profit Follow Alan on Social Media: @RealEstateMaxi Follow House Money Media on Social Media: @HouseMoneyMedia
Pete Reese has been in the real estate industry for almost two decades and is now sharing his experience with land flipping. Join us as Pete discusses how he buys properties off-market, adds value, and resells them quickly to double his money after commissions and closing costs. He talks about the advantages of partnering with passive investors who put up money to buy the property and split the profits, as well as the potential opportunities to develop rural properties into solar farms or wind farms with incentives and tax benefits. Pete also shares insights on mistakes he has made in the past, such as keeping a team member who didn't fit in and how consistency is vital for any investor. Take advantage of this thought-provoking discussion on land flipping! [00:01 - 06:10] Opening Segment Pete has been in real estate since 2002 and got his broker's license in 2006 Land flipping involves buying properties and holding them for a short amount of time before reselling them The value is added by finding deals that are not as liquid as other assets, such as single-family homes [06:11 - 14:11] Generating Passive Income Through Land Flipping Buying properties off-market and reselling them at a price slightly below market Buying more significant properties and splitting them up into smaller ones to resell individually Land flipping business is mainly about active income with no benefits or long-term capital gains Passive investors can partner with land flippers to buy properties and split profits Gas rights, mineral rights, and timber investments may be involved [14:12 - 24:40] Building a Team for Success in the Land Business Opportunity to buy rural property, hire engineering firm, and resell it for premium. Sending out 50,000 letters a month offering to purchase properties How Pete built out a team of acquisition managers, lead/due diligence managers, property analysts, list managers, asset managers, transaction managers, & executive assistants Pete's mistakes made in building a team Real estate experience helps but is not necessary for specific roles [24:41 - 29:35] Closing Segment Best investment: a 40-acre property sold for 175K after three weeks Worst investment: not investing in real estate during the 2007 crash The most important lesson learned: consistency Quotes: "It's all about consistency for us. It's about making sure. The leads are coming in consistently, and I can control that by sending out the mail. I send out 50,000 letters a month, and it's like clockwork." - Pete Reese "I'm just kind of a big believer in the asset class itself because I feel like, especially in the inflationary environment that we're in, the land is kind of the ultimate asset, and in theory, it should rise in price." - Pete Reese Connect with Pete! Website: www.TurningProfit.com Invest passively in multiple commercial real estate assets such as apartments, self-storage, medical facilities, hotels, and more through https://www.passivewealthstrategy.com/crowdstreet/ Track your rental property's finances with Stessa. Go to www.escapingwallstreet.com. Join our Passive Investor Club to access passive commercial real estate investment opportunities. LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or clicking here to listen to our previous episodes.
Discover the untapped potential of land flipping in our latest episode, 'From Dirt to Dollars.' Join us as we explore the lucrative world of real estate investing and learn how you can turn vacant land into a profitable venture. Our expert guest, Pete Reese, shares his experience and insights on the key steps to successful land flipping. Tune in now and take the first step towards building your wealth through real estate investment. Pete's Land Investing Firm Listen to TurningProfit NowGWP's Land Flipping NewsletterConnect with our Audio Engineer on LinkedinDisclaimer: The content provided in this episode is for educational purposes only. It is not intended as, and shall not be construed as, financial or investment advice. Any strategies, tips, or information shared in this episode are solely for the purpose of general knowledge and discussion. Listeners are encouraged to consult with qualified financial professionals and conduct their own research before making any financial decisions. The hosts and guests do not assume any responsibility or liability for the accuracy, completeness, or suitability of the information presented. Investments involve risk, and past performance is not indicative of future results. Listeners should exercise caution and discretion when considering any financial actions, and their personal circumstances and goals should always be taken into account.
Pete Reese is the President of Reelvest Properties, a land development and investment company. With nearly two decades of real estate experience as a broker and investor, Pete has successfully purchased and sold hundreds of pieces of real estate for a profit over the years for himself and on behalf of his clients. He's on track to earn $4 million in revenue in 2022 with his land flipping and development business. Pete's always looking for his next deal, including his longtime dream of his own private island. Besides his professional accomplishments, Pete is a proud father to three beautiful girls, keeps up with his family by working out and enjoying a vegan diet, and is the 31st great-grandson of King Henry II. Get in touch with Pete: Business: https://reelvest.com Podcast: https://turningprofit.com Instagram: https://www.instagram.com/turning_profit Youtube: https://www.youtube.com/channel/UCp6dkG5XJXlZCuttM7Qhq0Q Twitter: https://twitter.com/turningprofit TikTok: https://www.tiktok.com/@turningprofit For informational purposes only. Always consult with professionals. This is not meant to be used as legal or tax advice or otherwise. Any projections, opinions, assumptions, or estimates used are for example only. All information should be independently verified and is subject to errors and omissions. Check out some of our other videos and listings: PreReal Podcast https://www.youtube.com/watch?v=pTgZYyrkRyU&list=PLbyMUN39hTNWUFWH-tprcR0sTOwdqCfuk PreReal™, Prendamano Real Estate of staten island, NY is a real estate marketing firm that is focused on lead generation for all its properties for sale. More leads equals bigger pockets in the end for everyone. If you are house hunting and looking for a house for sale don't hesitate to give us a call (718)200-7799. If you think it is time to sell your house, we can get you top dollar for your property. Visit us at www.prereal.com Follow us on: Facebook: https://www.facebook.com/PrendamanoRealEstate Instagram: @prerealpodcast @prerealestate TikTok: @prerealestate Twitter: @prerealestate #RealEstate #Tips #PreReal
Pete Reese is the President of Reelvest Properties, a land development and investment company. With nearly two decades of real estate experience as a broker and investor, Pete has successfully purchased and sold hundreds of pieces of real estate for a profit over the years for himself and on behalf of his clients. He did $3.5 Million in Revenue in 2022 with his land flipping and development business, and he's pushing to do $10 Million in 2023. Pete's always looking for his next deal, including his longtime dream of his own private island. Episode notes:Pete explains:How he got into real estateWhat are the biggest differences between REO and house flipping and land flipping?The advantages and disadvantages of land flippingWhat about land flipping appeals to himHis exact land flipping modelHow much cash you need to start outHis lessons learnedWhat he looks for when evaluating a market TIP OF THE WEEKPeteThis is going to sound a little weird. It's Bing. They just released and are running on ChatGPT 4. ChatGPT is quite a bit smarter. You can ask it anything. There are some interesting uses when combining ChatGPT with a search engine.MarkLearn more about Pete Reese and his podcast at turningprofit.com. WANT TO LISTEN MORE?Did you like this episode? If so, listen to another AOPI podcast episode about how to build wealth with distressed bank notes."Are you ready to learn more about land investing? Just click HERE to schedule a call.""Isn't it time to create passive income so you can work where you want when you want, and with whomever you want?"
Join us as Pete Reese unearth the basics of land flipping and lifts the lid on his top tactics and business model for success. He also provides free resources and opportunities for newbies like you, so take advantage of the ultimate insider's guide to making it big in the land-flipping game! Key takeaways to listen for Benefits of land flipping and how to do it with the current RE market conditions Reelvest Properties: Main market areas, primary property types, and exit strategies Red flags to look out for when buying land properties A common but avoidable land flipping mistake that can happen Why it's advantageous to be in a real estate community Resources mentioned in this episode Join Pete's supportive and educational land flipping community for FREE so you can learn more about the ins and outs of this superb strategy by going to https://www.skool.com/turning-profit-land-flipping-8440/about Get a detailed breakdown of Turning Profit's first 50 Land Flipping Deals by checking out their income reports at https://turningprofit.com/all-income-reports/ About Pete Reese Pete Reese is the President of Reelvest Properties, a land development and investment company. With nearly two decades of real estate experience as a broker and investor, he has successfully purchased and sold hundreds of pieces of real estate for a profit over the years for himself and on behalf of his clients. He's on track to earn $4 million in revenue in 2022 with his land flipping and development business. Pete's always looking for his next deal, including his longtime dream of his own private island. Besides his professional accomplishments, Pete is a proud father to three beautiful girls, keeps up with his family by working out and enjoying a vegan diet, and is the 31st great-grandson of King Henry II. Connect with Pete Website: Turning Profit | Reelvest Properties Instagram: @turningprofitpete Twitter: @turningprofit TikTok: @turningprofitpete YouTube: Turning Profit Connect with Us To learn more about partnering with us, visit our website at https://javierhinojo.com/ and www.allstatescapitalgroup.com, or send an email to admin@allstateseg.com. Sign up to get our Free Apartment Due Diligence Checklist Template and Multifamily Calculator by visiting https://javierhinojo.com/free-tools/. To join Javier's Mastermind, go to https://javierhinojo.com/mastermind/ and to apply to his BDB Mastermind, see https://javierhinojo.com/mastermind/#apply_form and answer the form. Follow Me on Social Media Facebook: Javier A Hinojo Jr. Facebook Group: Billion Dollar Multifamily and Commercial Real Estate YouTube Channel: Javier Hinojo Instagram: @javierhinojojr TikTok: @javierhinojojr Twitter: @JavierHinojoJr The Naked Truth About Real Estate Investing on Spotify
Pete Reese is the President of Reelvest Properties, a land development and investment company that did $3.5 Million in Revenue in 2022 and is pushing to do $10 Million in 2023. Main Points:How did you get started in real estate investing?What was your best deal ever?What was your worst deal?What's your biggest regret on your investment journey?What's your biggest and most outrageous goal for your business?What's the best thing about being a real estate investor? Connect with Pete Reese:Visit TurningProfit.com to check out our latest episodes and income reports, as well as to join our free Land Flipping Community that's full of like-minded investors!pete@reelvest.com(760)908-3086https://reelvest.com/https://www.facebook.com/turningprofithttps://www.instagram.com/turningprofitpetehttps://www.linkedin.com/in/petereese1/https://www.tiktok.com/@turningprofitpetehttps://twitter.com/turningprofithttps://www.youtube.com/channel/UCp6dkG5XJXlZCuttM7Qhq0Q
Pete Reese, Founder of Reelvest Properties, joins us to discuss land investing. We discuss the types of deals they look at, his team, business process, and much more. Connect with Pete at https://turningprofit.com/ To join the DJE Investor list visit https://www.djetexas.com/access For multifamily mentoring visit https://www.ApartmentEducators.com Welcome to the DJE podcast where you will learn […]
Meet Pete Reese, broker and investor based in the sunny city of San Diego. With over two decades of experience in the real estate industry, Pete stumbled upon this career path unexpectedly but has since made a name for himself through his innovative strategies in land flipping. His unique approach has garnered attention and success, earning him a notable fortune in the world of real estate.In this episode we will go through pete's unique strategy:Researching and sifting through online databases to find the ideal fit.Casting a wide net by sending offer emails to a large pool of landowners to secure a good deal.Negotiating back and forth to find a realistic price that works for both parties involved in the transaction.Quick flips with aggressive price for a quick return on investment on lands that needs no workSmall tweaks can yield big results, so making minor improvements to the land can significantly increase its value and allow for aggressive pricing strategies.Subdividing larger parcels of land into smaller, sellable lots can multiply your profits and make the property more appealing to buyers.About Pete Reese:Pete Reese is the President of Reelvest Properties, a land development and investment company. With nearly two decades of real estate experience as a broker and investor, Pete has successfully purchased and sold hundreds of pieces of real estate for a profit over the years for himself and on behalf of his clients. He's on track to earn $4 million in revenue in 2022 with his land flipping and development business. Pete's always looking for his next deal, including his longtime dream of his own private island. Besides his professional accomplishments, Pete is a proud father to three beautiful girls, keeps up with his family by working out and enjoying a vegan diet, and is the 31st great-grandson of King Henry II.Connect with Pete Reese:Website: TurningProfit.comFacebook: Pete ReeseConnect with Danielle Chiasson:Website: https://letsgetrealestatepodcast.com/LinkedIn: https://www.linkedin.com/in/daniellechiasson/Facebook: https://www.facebook.com/DaniChiassonInstagram: https://www.instagram.com/letsgetrealTikTok: https://www.tiktok.com/@danichiassonBook a Call: https://calendly.com/strategicsuccess/lets-get-real-estate-20-min-chat
Pete Reese is the President of Reelvest Properties, a land development and investment company. With nearly two decades of real estate experience as a broker and investor, Pete has successfully purchased and sold hundreds of pieces of real estate for a profit over the years for himself and on behalf of his clients. He's on track to earn $4 million in revenue in 2022 with his land flipping and development business. Pete's always looking for his next deal, including his longtime dream of his own private island. Besides his professional accomplishments, Pete is a proud father to three beautiful girls, keeps up with his family by working out and enjoying a vegan diet, and is the 31st great-grandson of King Henry II. Learn more about ALTERNATIVE BUSINESS and INVESTMENT STRATEGIES through QUATTRO CAPITAL! LinkedIn: /TeamQuattroCapital Instagram: @TeamQuattroCapital Facebook: @TeamQuattroCapital Website: www.TheQuattroWay.com [00:01 - 07:19] Land Flipping Business with Pete Reese Pete Reese is an experienced real estate investor who shares his journey in real estate investing, from buying and flipping homes to selling bank-owned properties. Consistency is emphasized as the most important factor in building a successful land flipping business, according to the Real Estate Runway Podcast. Listeners are encouraged to leave a five-star review and follow the podcast on social media. Pete Reese was able to generate significant revenue and profit in 2021 and 2022 from land flipping. [07:20 - 14:09] Secrets to Quick Profit with Direct Mail Deals The company generates deals through direct mail to landowners, with an average hold time of only 60 days. Ideal customers for land flipping are recreational or potential home site buyers, with properties ranging from $20,000 to $150,000 on average. Rule of thumb for the company is to double their money on each deal, making direct mail deals an attractive option. A team has been built up over time to handle lead flow and every step of the process in the company. [14:10 - 25:39] Secrets to a Successful Land Flipping Business Pete has a team that includes a call center, lead manager, acquisition manager, property analyst, transaction manager, asset manager, general assistant, and executive assistant. They send out 50,000 letters per month to find off-market deals for land flipping, emphasizing the importance of consistency. Pete's niche is competitive but profitable with an average cost of $3,000 per deal and an average profit of $22,000. There are different ways to do land flipping including selling properties through owner financing or partnering with investors, making it a flexible business option. Connect with Pete: Website:http://turningprofit.com Quotes: “Our kind of rule of thumb is we're trying to double our money on each deal. So, we just back off what resale expenses are going to be, and any expenses we're gonna have with the property. And then that becomes our max offer“ - Pete Reese LEAVE A 5-STAR REVIEW + help someone who wants to explode their business growth by sharing this episode. Find out how team Quattro can help you by visiting www.TheQuattroWay.com. Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life, and maximize wealth! Click here to find out more about the host, Chad Sutton.
Joining us in the studio is Pete Reese, owner of Turning Profit which is a successful land acquisition and divestiture firm. Pete hosts a powerful podcast show and is a very prominent vacant land investor that has been in real estate for many years. He gives a ton of insight about the strategies he uses for acquisition as well as landing the sales and then repositioning the property for resale. His company sold $3.5 million in 2022 and they are on target to greatly surpass that figure in 2023. This is a great show with lots of helpful hints about purchasing land and flipping it for huge profits. Enjoy the show. TURNINGPROFIT.COM
Simplicity and the potential for a high profit are what every investor wants - and Land Flipping is a great way to achieve this! A prominent real estate investor, Pete Reese, discusses his thoughts on land flipping, including its ease of use, possibility for large profits, and marketing techniques. He also discusses his podcast, website, new community for land flippers, which offers free training, and a future for-profit mentorship program. He concludes by outlining the benefits of using venues other than Facebook for developing an ecosystem and community. This episode is a must-listen if you're interested in finding out more about land flipping and creating a community around it. Episode Highlights Why is Land Flipping appealing Pete's story from real estate to land flipping The pro's and con's of Land Flipping What are the benefits of rural properties, i.e. rural park Understanding the “shotgun approach” of marketing The average turnover time of Land Flipping You can find or contact Heather Dreves at: Turning Profit Podcast | www.podcasts.apple.com/us/podcast/turning-profit/id1655676400 Pete Reese's LinkedIn | www.linkedin.com/in/heather-dreves-6204a242/ Instagram | @reesepeter Facebook | www.facebook.com/reelteepete/ Twitter | @PeteReese YouTube | https://www.youtube.com/@securedinvestmentcorp.5096 Join the Community I'd love to hear your comments and questions about this episode. Here are some great ways to stay in touch or get involved in the My Freedom Foundry community! FREE Facebook Group - My Freedom Foundry - Free Yourself With Real Estate Investing | www.facebook.com/groups/myfreedomfoundry Freebies and Resources To Help You Excel Your Business | www.pauldavidthompson.com/work-with-me Grab your copy of my best-selling book: ESCAPE: Money Mindset to Freedom with Stocks, Real Estate, and Starting Your Own Business HERE If you like what you hear, please subscribe and leave a rating/review!
Join us as we sit down with Pete Reese, President of Reelvest Properties and Host of the Turning Profit Podcast.
Pete Reese is the President of Reelvest Properties, a land development and investment company. With nearly two decades of real estate experience as a broker and investor, Pete has successfully purchased and sold hundreds of pieces of real estate for a profit over the years for himself and on behalf of his clients. He did $3.5 Million in Revenue in 2022 with his land flipping and development business, and he's pushing to do $10 Million in 2023. Pete's always looking for his next deal, including his longtime dream of his own private island.
Episode 79 with Pete Reese. Pete is a real estate investor who specializes in Land Flipping. Pete talks all about his experience and introduces me to the whole land flipping world. Follow him at @turningprofitpete If you can leave a review and subscribe to my Podcast on Apple Podcast or wherever you listen to this it would be greatly appreciated
On this episdoe of Investing Uncensored we're talking with Pete Reese on how to flip land to a million dollars in a year. Pete will give us strategies and platforms we can use to find deals and he'll also talk about how to we can acquire deals without using our own money. We will go into why land flipping may be better than fix and flipping residential properties.
Flipping land in real estate can be a profitable venture if you have the right strategies in place. Join JD and Melissa as they speak with Pete Reese about increasing your chances of success when flipping land in real estate. With careful planning and execution, you can build a successful career in land flipping and create a reliable source of a passive income! Stay tuned! Here's what to expect on the podcast: How can you price land properties appropriately to ensure a profitable sale? What factors should you consider when analyzing a potential land-flipping deal? How can land flipping help you build wealth over time? What are the steps involved in flipping land in real estate? And much more! About Pete: Pete Reese is the President of Reelvest Properties, a land development and investment company. With nearly two decades of real estate experience as a broker and investor, Pete has successfully purchased and sold hundreds of pieces of real estate for a profit over the years for himself and on behalf of his clients. He did $3.5 Million in Revenue in 2022 with his land flipping and development business, and he's pushing to do $10 Million in 2023. Pete's always looking for his next deal, including his longtime dream of his own private island. Besides his professional accomplishments, Pete is a proud father to three beautiful girls, keeps up with his family by working out and enjoying a vegan diet, and is the 31st great-grandson of King Henry II. Connect with Pete Reese! Website: https://turningprofit.com/ Instagram: https://www.instagram.com/turningprofitpete/ Twitter: https://twitter.com/turningprofit TikTok: https://www.tiktok.com/@turningprofitpete YouTube: https://www.youtube.com/channel/UCp6dkG5XJXlZCuttM7Qhq0Q Connect with JD and Melissa! Website: https://therealestatejam.com/ Facebook: https://www.facebook.com/therealestatejam/ Instagram: https://www.instagram.com/therealestatejam/ YouTube: https://www.youtube.com/channel/UCa_CWAV1OvH81yp6fITB4lg Shorefront Investments: https://shorefront-investments.com/ Email: therealestatejam@gmail.com Set up a Call with JD: https://mailchi.mp/458f1b418e9e/invest-with-jd
ABOUT PETE REESEPete Reese is the President of Reelvest Properties, a land development and investment company. With nearly two decades of real estate experience as a broker and investor, Pete has successfully purchased and sold hundreds of pieces of real estate for a profit over the years for himself and on behalf of his clients. He did $3.5 Million in Revenue in 2022 with his land flipping and development business, and he's pushing to do $10 Million in 2023. Pete's always looking for his next deal, including his longtime dream of his own private island. Besides his professional accomplishments, Pete is a proud father to three beautiful girls, keeps up with his family by working out and enjoying a vegan diet, and is the 31st great-grandson of King Henry II. THIS TOPIC IN A NUTSHELL: Pete's background and journey to real estateMain business model and why he chose itLand flipping vs. House flippingStarting the business and scaling upValue add that they do on landMetrics when buying land Type of properties they are looking forNet profit on dealsinvesting out of stateHow to determine your target market and negotiate with themBest practices when dealing with agents and brokersThe biggest challenge for this business model Financing the dealPartnerships on dealsBiggest Takeaway Connect with Pete Reese KEY QUOTE: "The positive side is that it is really a simple business in a way, especially if you can get good or if you're not good, you can get people in your team that are good at evaluating properties. You make money when you buy, so you get all these opportunities when you buy properties. If you are confident and you understand the value that you are buying, then you're instantly creating value there. Every time you close a good deal you are basically increasing your net worth. “ SUMMARY OF BUSINESS:Reelvest Properties is a real estate investment company that is committed to helping property owners across the United States sell their properties quickly. Instead of waiting years to find the right “retail” buyer for your property, we're able to complete the purchase easily and efficiently in a matter of days or weeks. ABOUT THE WESTSIDE INVESTORS NETWORK The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication. The Westside Investors Network strives to bring knowledge and education to real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com. #realestateinvesting #passiveincome #REinvesting #cashflow #LandFlipping #YourGuideToSuccessfulLandFlipping #HouseFlip #Buyers #Sellers #MotivatedSellers #WellBalancedMarket #Land #Acres #DealHunt #Negotiate #Brokers #TopAgents #TitleSearchProcess #ReelVestProperties #TurningProfitPodcast #Offers #Location #Financing #Partnership #OutOfState #RuralAreas #Counties #PropertyEvaluation #DealDeepDive #newepisode #podcasting #RoadToFinancialFreedom #WIN #JointheWINpod #WestsideInvestorsNetwork CONNECT WITH PETE REESE: Website: Reelvest, Turning ProfitFacebook: @PeteReeseTwitter: @turningprofitYoutube: @turningprofitInstagram: @reesepeterPodcast IG: @turning_profitLinkedIn: @PeteReese CONNECT WITH US For more information about investing with AJ and Chris: · Uptown Syndication | https://www.uptownsyndication.com/ · LinkedIn | https://www.linkedin.com/company/71673294/admin/ For information on Portland Property Management: · Uptown Properties | http://www.uptownpm.com · Youtube | @UptownProperties Westside Investors Network · Website | https://www.westsideinvestorsnetwork.com/ · Twitter | https://twitter.com/WIN_pdx · Instagram | @westsideinvestorsnetwork · LinkedIn | https://www.linkedin.com/groups/13949165/ · Facebook | @WestsideInvestorsNetwork · Youtube | @WestsideInvestorsNetwork
152: We recently sat down with Pete Reese, a land flipper who made $4 million last year alone.(Show Notes: REtipster.com/152)Even more surprising is that Pete hasn't been in the land investing business for long, having only started in 2020.Despite his relative newness to the industry, he has achieved remarkable growth and success, which we'll discuss in this conversation with him.Before his venture into land flipping, Pete had a lot of experience in real estate as a broker, which also played a role in his success. Tune in to this episode as we explore Pete's journey and learn from his valuable insights.
Collecting Keys Podcast is always pushing our listeners to create business processes and systems because they're crucial for efficient lead generation. Without tested processes and systems, you'll waste time and resources on unmotivated leads that stall your growth.Joining us to discuss his business method and the processes that have helped scale his business is Pete Reese. His land flipping business reflects the success we've had with direct mail marketing, building a team, and most importantly, staying consistent.Pete is so generous with his knowledge that, on his website, he shares his monthly income report that includes the exact revenue, what properties were bought and sold, how much was made on each one, and MORE. He and his wife/business partner have also started a podcast, called Turning Profit.This can't-miss episode with Mike's favorite guest is for anyone who's interested in real estate!Topics discussed in this episode:Starting his real estate journey with house flippingFinding a passion for land investingHow Pete assesses the value of propertiesPete's direct mail marketing processWhy data cleanup is importantPete's virtual team and their rolesFinancing land dealsA couple of Pete's real estate storiesAdvice to new investorsCheck out Pete Reese's podcast, Turning Profit, to hear more about his business and lessons learned in real estate! https://turningprofit.com/all-episodes/Get more information on land flipping on Pete's website: https://turningprofit.com/If you're an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! https://www.collectingkeyspodcast.com/storeDownload the FREE 5-Step Guide To Generating Off Market Leads here: https://www.collectingkeyspodcast.com/freeIf you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://www.instantinvestorprogram.com and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:http://www.collectingkeyspodcast.comhttp://www.instagram.com/collectingkeyspodcasthttp://www.instantinvestorprogram.comhttp://www.instagram.com/mike_investshttp://www.instagram.com/investormandanThis episode was produced by Podcast Boutique http://www.podcastboutique.com
Pete Reese is on this week's episode of the podcast teaching Kent and KT the ends and outs of lipping land. If you've ever thought of starting a portfolio of land or wanted to get into land flipping yourself this is a great place to start.Pete Reese is the President of Reelvest Properties, a land development and investment company. With nearly two decades of real estate experience as a broker and investor, Pete has successfully purchased and sold hundreds of pieces of real estate for a profit over the years for himself and on behalf of his clients. He did $3.5 Million in Revenue in 2022 with his land flipping and development business, and he's pushing to do $10 Million in 2023. Pete's always looking for his next deal, including his longtime dream of his own private island. Besides his professional accomplishments, Pete is a proud father to three beautiful girls, keeps up with his family by working out and enjoying a vegan diet, and is the 31st great-grandson of King Henry II.
This week, Lauren brings you her interview with Pete Reese. Lauren learned that you can invest in real estate by flipping land. Mind blown. And get this – land can be flipped within a shorter period of time than you think. Pete talks through the business model and how it's systematized. They started with $100,000. He talks numbers and details of their deals, like how they aim for 50% gross margins. He talks partnerships. Pete gives advice, like: when it comes to due diligence, you can't see everything in a computer screen. Pete detailed some red flags, like squatters, trash, green streams, hog farms. Lauren learned a new term: hog lagoon. Those stories are great. Lauren's favorite quote: “I haven't run into the perfect property yet.” Second favorite quote: “It's not all sunshine and roses.” About Pete: Pete Reese is the President of Reelvest Properties, a land development and investment company. With nearly two decades of real estate experience as a broker and investor, Pete has successfully purchased and sold hundreds of pieces of real estate for a profit over the years for himself and on behalf of his clients. He did $3.5 Million in Revenue in 2022 with his land flipping and development business, with his land flipping and development business, and he's pushing to do $10 Million in 2023. Pete's always looking for his next deal, including his longtime dream of his own private island. Besides his professional accomplishments, Pete is a proud father to three beautiful girls, keeps up with his family by working out and enjoying a vegan diet, and is the 31st great-grandson of King Henry II. Connect with Pete: https://turningprofit.com/ Subscribe to the Adulting Is Easy YouTube: https://www.youtube.com/@adultingiseasy Donate to the show: https://cash.app/$AdultingIsEasy Sponsored by Steadily Insurance: https://adultingiseasy.steadilypartner.com/
Elite Agent Secrets, Start, Grow and Scale Your Real Estate Business
Pete Reese is the President of Reelvest Properties, a land development and investment company. With nearly two decades of real estate experience as a broker and investor, Pete has successfully purchased and sold hundreds of pieces of real estate for a profit over the years for himself and on behalf of his clients. He's on track to earn $4 million in revenue in 2022 with his land flipping and development business. Pete's always looking for his next deal, including his longtime dream of his own private island. Besides his professional accomplishments, Pete is a proud father to three beautiful girls, keeps up with his family by working out and enjoying a vegan diet, and is the 31st great-grandson of King Henry II. [PARTNER WITH US] Get instant 1-on-1 access to over 26 of the top agents in the country to help scale your business.
Elite Agent Secrets, Start, Grow and Scale Your Real Estate Business
Pete Reese is the President of Reelvest Properties, a land development and investment company. With nearly two decades of real estate experience as a broker and investor, Pete has successfully purchased and sold hundreds of pieces of real estate for a profit over the years for himself and on behalf of his clients. He's on track to earn $4 million in revenue in 2022 with his land flipping and development business. Pete's always looking for his next deal, including his longtime dream of his own private island. Besides his professional accomplishments, Pete is a proud father to three beautiful girls, keeps up with his family by working out and enjoying a vegan diet, and is the 31st great-grandson of King Henry II. [PARTNER WITH US] Get instant 1-on-1 access to over 26 of the top agents in the country to help scale your business.
Elite Agent Secrets, Start, Grow and Scale Your Real Estate Business
Pete Reese is the President of Reelvest Properties, a land development and investment company. With nearly two decades of real estate experience as a broker and investor, Pete has successfully purchased and sold hundreds of pieces of real estate for a profit over the years for himself and on behalf of his clients. He's on track to earn $4 million in revenue in 2022 with his land flipping and development business. Pete's always looking for his next deal, including his longtime dream of his own private island. Besides his professional accomplishments, Pete is a proud father to three beautiful girls, keeps up with his family by working out and enjoying a vegan diet, and is the 31st great-grandson of King Henry II. [PARTNER WITH US] Get instant 1-on-1 access to over 26 of the top agents in the country to help scale your business.
There are many ways avenues to making money in Real Estate but few require as little capital and take as little time to start generating cash as land flipping. By creating a mailer that goes out to land owners within a certain zip code, you can do your first deal within a matter of weeks, and the margins are typically anywhere from 50% to as high as 300% on smaller size deals. It's common, for example, to buy a piece of land for $5,000 and sell it for $20,000, or to buy a bigger deal for $150,000 and sell it for $225,000. Pete Reese, President of Reelvest properties, started land flipping two years ago and in his second year flipped over $3.5 million dollars in land. His goal for 2023 is $5 million.
Pete Reese is based in San Diego California where he specializes in flipping land on a national basis. On today's show we are talking about this niche where many parcels of rural land are neglected, unwanted, inherited, and otherwise under-utilized or under-valued. To connect with Pete or to learn more, visit turningprofit.com ------------------ Host: Victor Menasce email: podcast@victorjm.com
If you're using commercial real estate to achieve financial, time, and geographical freedom, this is a conversation you'll want to hear. Pete has done extensive world travel with his family and in this short bonus episode, Jonathan and Pete discuss some logistics to making it happen. Support the podcast by making a monthly donation through Patreon. When you contribute, you'll get access to bonus content not available anywhere else. If you enjoyed this episode, you would probably enjoy reading my weekly newsletter. Every Friday, you'll get a behind the scenes look at my investing, including current events in commercial real estate, deals I'm working on, and random personal things going on in my life. It's a super quick read and you can unsubscribe anytime. - Jonathan Subscribe to the newsletter here: www.thesourcecre.com/newsletterEmail Jonathan with comments or suggestions:podcast@thesourcecre.comOr visit the webpage:www.thesourcecre.com*Some or all of the show notes may have been generated using AI tools.
Today, we have special guest Pete Reese from turningprofit.com where we talk about his unique niche of buying land for profit. It's a great way to get started into the realm of real estate with a low budget, so you don't want to miss this one! www.turningprofit.com homeboyspodcast.com zuluscape.com realtywealthadvisors.com All Streaming Platforms: https://linktr.ee/homeboyspod Facebook: https://www.facebook.com/TheHomeBoysPod TikTok: https://www.tiktok.com/@homeboyspodcast
Join host Jonathan Hayek with guest Pete Reese, experienced real estate investor, world traveler, and land flipper. Enjoy hearing about:- What makes a good piece of land- Why you might want to avoid landlocked property- How to find off market deals- Where Pete is finding deals- Pete's top due diligence items when buying land- Plus tons more!Connect with Pete:ReelvestTurning a Profit PodcastPete on YoutubePete on InstagramTurning a Profit on InstagramSupport the podcast by making a monthly donation through Patreon. When you contribute, you'll get access to bonus content not available anywhere else. If you enjoyed this episode, you would probably enjoy reading my weekly newsletter. Every Friday, you'll get a behind the scenes look at my investing, including current events in commercial real estate, deals I'm working on, and random personal things going on in my life. It's a super quick read and you can unsubscribe anytime. - Jonathan Subscribe to the newsletter here: www.thesourcecre.com/newsletterEmail Jonathan with comments or suggestions:podcast@thesourcecre.comOr visit the webpage:www.thesourcecre.com*Some or all of the show notes may have been generated using AI tools.
We've all heard about flipping houses before, but have you ever heard about flipping land? This week we brought the President of Reelvest Properties, Pete Reese, on to the show to teach us everything we as real estate investor need to know about flipping land.Pete has been in the real estate investing space for more than 20 years on both the agent and investor sides of the business. In the last two years he has scaled his land flipping business from $0 to over $4 million dollars in annual revenue. With that, he has carved out quite the name for himself in this specific niche. We figured there was no better person to learn from!***If you enjoy the podcast, would you please consider leaving us a review on Apple Podcasts? It takes less than 60 seconds and makes a huge difference in helping us land high profile guests on the show. We also love reading reviews to see the impact we're making!Interested in sponsoring the podcast? Click hereInterested in being interviewed on the podcast? Click hereInterested in joining our investor mailing list and investing with us? Click hereInterested in YouTube Automation? Click hereFollow Us: Instagram: instagram.com/weeklyjuicepodYouTube: youtube.com/@weeklyjuicepodTikTok: tiktok.com/@weeklyjuicepodTwitter: twitter.com/weeklyjuicepodPrevious Guests on The Weekly Juice Podcast include: Brandon Turner, David Greene, Tony Robinson, Paula Pant, Chad “Coach” Carson, Heather Blankenship, Jake Harris, Avery Carl, Tim Bratz, J. Scott, Matt Faircloth, Ashley Wilson, Felipe Mejia, Mark McMahon, Robert Leonard, Ashley Hamilton, Zeona McIntyre, Michael Elefante, Michael Zuber, Alex Camacho, Steve Rozenberg, Henry Washington, Axel Ragnarsson, Seth Berger, Myra Oliver, Cody Berman, Shelby Osbourne, Indar Lange, Phillip Vera, Naaman Taylor, Rich Fettke, Brody Fausett, Jerome Maldonado, Brian Luebben, Ana Klein, Diego Corzo, David Toupin, Travis Zappia, Stratton Brown, Dr. Joe Asamoah, David Grabiner, Brian Davila, Mark Jones, Ian Group, Lauryn Williams, Lauren & Kyle Clugston (Rentals to Wealth), Craig Curelop (The Fi Guy), Marc Russell (Better Wallet), Josh & Ali Lupo (The Fi Couple), Brennan Schlagbaum (Budget Dog), Chloe Daniels (Clobare Money Coach), JD Sustar (Finance Cowboy), Rachel Richards (Money Honey Rachel), Shang (Save My Cents), Soli Cayetano (Lattes and Leases), Sharon Tseung, Tyler Wright, Georgiy (Funancialism), Sarah King (Nerds Guide to Fi), Chris (The Stealthy Rich), Kyle Stanley (Fearless Kyle), Savannah Arroyo (Net Worth Nurse), and many more.
Resources Mentioned: Lab Coat Agents | Website | Facebook | Facebook Group | Twitter | Instagram Jeff Pfitzer | Instagram | LinkedIn | Twitter Follow Up Boss (Sponsor) Chime (Sponsor) Z buyer (sponsor) Pete Reese: https://reelvest.com/ https://turningprofit.com/ https://droners.io/ https://apps.apple.com/us/app/datatree-mobile/id639812842 Personal Instagram: https://www.instagram.com/reesepeter/ Podcast Instagram:https://www.instagram.com/turning_profit/
Land flipping is a HOT topic these days, and we have Pete Reese on the podcast today to share the ins and outs of making land flipping a full time business.
Our guest Pete Reese is the President of Reelvest Properties, a land development and investment company. After some experience with flipping houses through the Great Financial Crisis, Pete and his wife ran an online education business about travel blogging. They turned it into a very successful business and were able to parlay those profits into real estate around 2017. Today, Pete focuses his energies on flipping raw and vacant land for very high profit margins. Last year, Pete was looking at making just about $4 million in revenue with his land flipping business. This episode is a valuable one because of how transparent Pete was with his numbers and his processes for generating tons of consistent leads for his business. There are lessons here that can be learned and applied to any business! With a 50% gross profit margin on each transaction, land flipping is a real estate strategy that should not be ignored. You can connect with our guest online at www.turningprofit.com. Do you have any questions you'd like for us to answer on the show, or a success story you'd like to share? Shoot us an email to info@TheRealFI.com and we'd be happy to connect with you. And If you haven't done so already, please leave us a glowing 5 start review on your podcasting platform–it would really help us out!You can connect with you hosts on instagram:James on Instagram: @James_RippeonPatrick on Instagram: @RentalPropertyCoupleLet's kick the 9 to 5!Decide. Commit. Take Action!
In this episode of The Personal Finance Podcast, we're going to talk to Pete Reese about how to flip land. Join Our Newsletter here! Index Fund Pro Pre Launch https://mastermoney.co/index-fund-pro-pre-launch/ Checklist of relevant episodes: From House Hacking to Future Millionaire with John Eringham (Johnefinance) Is it Worthwhile to Invest in the Top 10 Holdings of an Index Fund? Buy VS. Rent: Is Buying a House a Good Investment? From Flipping Couches to Flipping Houses With Ryan Pineda 10 Incredible Tax Benefits of Real Estate Investing How to Invest In Real Estate Without the Headaches (Fundrise VS REITS!) 26 Ways to Find Real Estate Deals (Some You Have Never Heard Of!) Connect with Pete Reese: Pete's Linkedin Pete's Twitter Pete's Instagram Pete's Website Pete's Youtube Personal Finance Youtube Channel https://www.youtube.com/@thepersonalfinancepodcast FREE GUIDES: ============== -Check out the free guide on where to put your money in what order! https://www.mastermoney.co/stairway-to-wealth -Here is the free How to Ask for A Raise ebook! https://www.mastermoney.co/get-a-raise-ebook -Get Access to the 75-Day Challenge: https://www.mastermoney.co/75daychallenge ============= We have a YOUTUBE channel! Check it out here! Our Latest Videos: How To Grow A Podcast Organically What Would Happen If You Maxed Out Your Roth IRA By Age?! (These Results Will Amaze You!) How to Become a Millionaire With a Small Amount of Money (Is it Really This Easy!?) Pre-tax moves for high earners Got questions? Ask me on Instagram Here. @mastermoneyco This is the fastest way to get in touch with me. ============ Want to Support the Show? Follow on Spotify or Follow and Leave a 5-Star Review on Apple Podcasts! ============ Check out all the Stuff I Recommend! Check out all my favorite Credit Cards https://milevalue.com/top-offers-mastermoney/ USEFUL RESOURCES: The Year-End Money Checklist https://mastermoney.co/year-end-money-checklist/ The 75 Day Money Challenge https://mastermoney.co/75-day-challenge/ Finally, Get That Raise https://mastermoney.co/resources/ ============ DISCLAIMER: I am not a financial adviser. This Podcast is for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am sharing my opinion. AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion. ============ Check us out on social fam! Twitter Tiktok www.thepersonalfinancepodcast.com www.mastermoney.co Learn more about your ad choices. Visit megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices
210-972-1842 text "course" to learn how to make 6 figures on one land deal, Text "Hive" to learn more about the hivemind. Text "apple" to schedule a 1-on-1 call with Anthony & Daniel. Text "land" to join The Million Dollar Land Mastermind Sign up at hivemindcrm.io Need Inbound Real Estate Leads. www.hiveleads.io Follow Us On YouTube https://www.youtube.com/channel/UCbulcrC4WbOy5Fzu0eWzNVQ/?sub_confirmation=1 Follow Us On Instagram https://www.instagram.com/hivemindcrm/ Follow Us On TikTok https://www.tiktok.com/@hivemindcrm?lang=en Join The FB Group https://www.facebook.com/groups/137799891494707 Help support the show https://anchor.fm/hivemindcrm/support --- Support this podcast: https://anchor.fm/hivemindcrm/support
If you enjoyed this episode, or are enjoying the Scalable REI show overall, show your support by buying the Scalable REI team a cup of coffee: https://www.buymeacoffee.com/scalablereiPete Reese is the President of Reelvest Properties, a land development and investment company. With nearly two decades of real estate experience as a broker and investor, Pete has successfully purchased and sold hundreds of pieces of real estate for a profit over the years for himself and on behalf of his clients. He's on track to earn $4 million in revenue in 2022 with his land flipping and development business. Pete's always looking for his next deal, including his longtime dream of his own private island. Besides his professional accomplishments, Pete is a proud father to three beautiful girls, keeps up with his family by working out and enjoying a vegan diet, and is the 31st great-grandson of King Henry II.Helpful Links:Turningprofit.comBest Way to Contact Pete:reese@turningprofit.comBEST CRM THAT WE USE: Looking for the best all-in-one CRM to scale your real estate investing business? Use the link below to sign up today: https://www.gohighlevel.com/main-page?fp_ref=scalable-reiBEST PHONE SYSTEM THAT WE USE: Looking for an optimal online phone system that can forward to your cell phone, directly integrate to your CRM, and be leveraged for your remote virtual assistant team? If so, use this link to save $20 today when you open a new account: https://openph.one/referral/NpnZPxX COFFEE!!! If you feel this episode provided a ton of value, show your support by buying us a cup of coffee: https://www.buymeacoffee.com/scalablereiLET'S DO SOME DEALS!!! Contact Mason to JV/partner on deals or passively invest by either emailing him at mason@scalablerei.comSchedule a call with Mason by using this link here: https://calendly.com/mason-klement/30minFollow Mason on Instagram to learn additional real estate investing tips and tricks: https://www.instagram.com/mason_klement_scalablerei/NOTE: This description might contain affiliate links, which may pay our podcast a commission at absolutely zero cost to you. Any commissions go toward the cost of producing each episode so we really appreciate your support. In addition, depending on the vendor, you actually might even save money by using these links that you wouldn't have access to if you went directly to the vendor's website.
210-972-1842 text "course" to learn how to make 6 figures on one land deal, Text "Hive" to learn more about the hivemind. Text "apple" to schedule a 1-on-1 call with Anthony & Daniel. Text "land" to join The Million Dollar Land Mastermind Sign up at hivemindcrm.io Need Inbound Real Estate Leads. www.hiveleads.io Follow Us On YouTube https://www.youtube.com/channel/UCbulcrC4WbOy5Fzu0eWzNVQ/?sub_confirmation=1 Follow Us On Instagram https://www.instagram.com/hivemindcrm/ Follow Us On TikTok https://www.tiktok.com/@hivemindcrm?lang=en Join The FB Group https://www.facebook.com/groups/137799891494707 Help support the show https://anchor.fm/hivemindcrm/support --- Support this podcast: https://anchor.fm/hivemindcrm/support
Learn the business model and techniques professional investors utilize to build wealth in real estate as Pete Reese joins today's podcast and shares his expertise on land flipping, great marketing plans for this investing strategy, and advice you need to succeed and earn the maximum returns you deserve. There's so much more to absorb in this episode, so don't miss out! Key takeaways to listen forLand flipping: Revenue, profitability, and ways to shift your focus in this strategyThings people should know about the land flipping processesLand properties' typical pricing and profit marginValuable advice on purchasing land properties and choosing markets to invest inWhat makes direct mail a great marketing strategy for land flippingTop land buyers and their purpose for purchasing land properties Resources mentioned in this episodeChatGPT MapRight Zillow realtor.com About Pete ReesePete is the President of Reelvest Properties, a land development, and investment company. With nearly two decades of real estate experience as a broker and investor, Pete has successfully purchased and sold hundreds of pieces of real estate for a profit over the years for himself and on behalf of his clients. He's on track to earn $4 million in revenue in 2022 with his land flipping and development business. Pete is always looking for his next deal, including his longtime dream of his own private island. Besides his professional accomplishments, Pete is a proud father to three beautiful girls, keeps up with his family by working out and enjoying a vegan diet, and is the 31st great-grandson of King Henry II. Connect with PeteWebsite: Turning Profit | Reelvest Podcast: Turning Profit Instagram: @turningprofitYouTube: @turningprofitTwitter: @turningprofitTikTok: @turningprofit To sign up for our monthly newsletter, visit our website at www.hiefire.com and connect with us through the social media accounts below!Facebook Page: High Income Earners FIREFacebook Group: High Income Earners F.I.R.E.Instagram: @hie_fireSponsorsBonavest CapitalTo learn more about building passive income through real estate syndications, visit www.bonavestcapital.com.Say YEH Stock OptionsLooking for ways to generate consistent cash flow and accelerate your journey to financial freedom? Visit www.codyyeh.com for more information!
We have been seeking someone to discuss land flipping with us. Land is a bit of an "outsider" asset class. Why? Because it is not typical cash flowing real estate. Finding investors to partner with or borrow from can be challenging. But that does not mean the asset class cannot be lucrative. Pete has been investing in the East Coast for over a decade and is now dipping his toe in the Florida market. Find out how he does it! Key Discussion Points[01:14] Introduction by Eric & Steven [07:02] About our guest: Pete Reese [12:40] How did you get to where you are today with land flipping? [15:35] Tell us about your Raleigh, NC connection [16:31] What types of property to you focus on? And what's the sweet spot? [17:56] When you reach out to people via letters, what do you say in those letters? [18:48] What is the response rate for the letters you send out? [21:29] Do you take possession of the property when you decide to flip it? [22:53] How do you get other folks to invest with you? [24:48] How are you using data to find the properties you want? [27:25] How do you determine what areas to send out mail to potential investors? [28:57] Walk us through a typical deal [32:31[ Do you have a profile of who your tyicall seller is? [34:10] How can people connect with you? [37:05] What advice would you give to newbies getting into land flipping with regard to finding money partners [38:01] Closing comments by Eric & Steven About Our Guest Today we have with us Pete Reese. Pete is the president of Real West Properties, a land development and investment company. ?With nearly two decades of real estate experience as a broker and investor, Pete has successfully purchased and sold hundreds of pieces of real estate for profit over the years for himself and behalf of his clients. He is on track to earn $4 million of revenue in 2022 with his land flipping and development business. Pete is always looking for his next deal, including his long time dream of owning his private island. Besides his professional accomplishments, Pete is also the father to three beautiful girls. He keeps up with his family by working out and enjoying a vegan diet. And he is a 31st great grandson of King Henry the II. GUEST CONTACT INFOWebsite: TurningProfit.com
Host: Brandon Elliott @BrandonElliottInvestments | Guest Today: Pete Reese FREE LIVE CLASS Get 6 Figures Funding In 30 Days: https://crazycreditformula.com/ YOUR TRUE CREDIT REPORT: https://www.myscoreiq.com/get-fico-max.aspx?offercode=432121Z8 About Brandon Elliott: From getting house arrest and burning 40% of his body to reaching $3.5 million net worth and being a part of "Top 100 Yahoo Finance", Brandon Elliott is a testimonial that with perseverance, persistence, and faith- all things are possible. After the big explosion, Brandon saw this as a sign from God to look for a better path. Having to start from the bottom again, Brandon went on working various jobs. Day and night, he would work as a server at two different restaurants. Anywhere in between, Brandon did door-to-door sales for a real estate company. He quickly noticed how much the investors were making and had the "aha-moment" that investing was the only way out of the rat race. From then on, Brandon decided to learn everything he could on investing in real estate. He went into a rabbit hole, learning as much as he could from podcasts, youtube, all the books he could get his hands on, even seminars and saving as much as he can. In the process, Brandon sent out offers on a regular basis starting locally in San Diego but wasn't able to get any deals as he was competing with all cash buyers. Instead of giving up there, Brandon decided to broaden his horizon elsewhere... Within two years, in July 2015 Brandon purchased his first rental property in Ohio, then just months later a triplex. By May 2016, Brandon had 10 income producing properties that allowed him to quit his jobs... and the secret sauce that helped Brandon do so is inside CREDIT COUNSEL ELITE! Thanks to credit, Brandon had the capital to both purchase and remodel these properties. The reason why Brandon created Credit Counsel Elite is for you! Brandon witness first-hand what credit had did for his life. While real estate is the vehicle, credit is the tool that helped Brandon become financially free and create generational wealth while living the lifestyle he has always dreamed of- supporting his family, traveling the world, and giving back to the community! CREDIT COUNSEL ELITE is not another credit company, it is a FAMILY that believes in you and your dreams. Credit Counsel Elite is here to bridge the gap between your dream, lifestyle, and current or next investments through understanding credit and wealth generating strategies so that you can focus on what matters most. With Credit Counsel Elite, you will be able to get 6-figures of funding at 0% percent interest and learn life-changing skills like removing hard inquires, collections, even bankruptcies... just like Brandon and all of the countless successful students in Credit Counsel Elite. Don't let money be the reason you miss out on another opportunity, join the Credit Counsel Elite FAMILY today! ---------------------------- Connect with Brandon Elliott today: Instagram | Facebook | Website | Youtube | Podcast | Credit Repair | Credit Counsel Elite ---------------------------- How to Get Your Free Gift: Leave a Review on iTunes then take a screenshot. ** If you already left a review and took a screenshot, please send me a message Here **
Pete Reese is the President of Reelvest Properties, a land development and investment company. With nearly two decades of real estate experience as a broker and investor, Pete has successfully purchased and sold hundreds of pieces of real estate for a profit over the years for himself and on behalf of his clients. He's on track to earn $4 million in revenue in 2022 with his land flipping and development business. Pete's always looking for his next deal, including his longtime dream of his own private island. Besides his professional accomplishments, Pete is a proud father to three beautiful girls, keeps up with his family by working out and enjoying a vegan diet, and is the 31st great-grandson of King Henry II.https://reelvest.com/Next Steps Share your thoughts with a review - https://www.thedealscout.com/reviews/ Let's connect on LinkedIn - https://www.linkedin.com/in/joshuabrucewilson/ Subscribe and Watch on YouTube - https://www.youtube.com/channel/UCBQN_Y3nhDGClfMxCSBDjOg
Flipping land can be a great hedge against inflation. Learn how Pete Reese is making millions doing it. Welcome to Pillars of Wealth Creation, where we talk about building financial freedom with a special focus in business and Real Estate. Follow along as Todd Dexheimer interviews top entrepreneurs, investors, advisers and coaches. Pete Reese is the President of Reelvest Properties, a land development and investment company. With nearly two decades of real estate experience as a broker and investor, Pete has successfully purchased and sold hundreds of pieces of real estate for a profit over the years for himself and on behalf of his clients. He's on track to earn $4 million in revenue in 2022 with his land flipping and development business. Pete's always looking for his next deal, including his longtime dream of his own private island. Besides his professional accomplishments, Pete is a proud father to three beautiful girls, keeps up with his family by working out and enjoying a vegan diet, and is the 31st great-grandson of King Henry II. 3 Pillars 1. Have a money-generating engine 2. Invest your extra money into a wealth creation vehicle 3. Educate yourself Books: Rich Dad Poor Dad by Robert Kiyosaki, $100 Million Offers by Alex Hormozi You can connect with Pete at www.turningprofit.com Interested in coaching? Schedule a call with Todd at www.coachwithdex.com Connect with Pillars Of Wealth Creation on Facebook: www.facebook.com/PillarsofWealthCreation/ Subscribe to our email list at www.pillarsofwealthcreation.com Subscribe to our YouTube channel: www.youtube.com/c/PillarsOfWealthCreation
Pete Reese is a very active land investor. On a good month, he brings in as much as $500,000 a month flipping land. Pete got into real estate starting with the purchase of his first family home. When he sold it, he turned a $50K profit which led him to start flipping houses. Pete then got his broker's license to sell bank-owned properties and he started working with a ton of investors. Eventually, he dove into vacant land deals, learned everything he could, made some mistakes, and kept going. He did his first land deal in November of 2021 and at the end of 2022, he's expecting to make a gross profit of about $4 million.Pete got into flipping vacant land because he realized he could make money without the hassle that comes with flipping houses. Today, he focuses primarily on properties on the East Coast, but does some deals in the Pacific Northwest. Pete shares his strategy for picking the right properties and zeroing in on the right markets. We also talk about how to price properties, how to set up direct mail campaigns, and how Pete structured his team. We wrap up by talking about the tech Pete uses, how to find money for deals, and how to deal with competition. If you want a copy of the exact letter and contract Pete uses for vacant land deals, head to the link below.What's Inside:—How Pete makes $500K per month flipping vacant land.—How to find the best properties and markets.—Pete's direct mail strategy.—Which technology to use to streamline your vacant land business.
Axel interviews Pete Reese, real estate broker and investor in the EEUU, to talk about land flipping. Land flipping is a type of real-estate investment fit for those who want to reap huge profits within a short time period. In this episode Pete walks us through the whole process of flipping land. There are several models but Pete choses to do it this way because he finds it the most systematic and sustainable. Pete and Axel talk about the buying process, selling process and all that is in between. They dive deep into prospecting and direct mail marketing strategy, processing leads and making offers, closing acquisitions, selling process and possible exit strategies. Dive in! Learn about the importance of buying at the right price, pricing below market and then selling quickly. Thank you Rodrigo Parada for your support on The Very Real Estate Effect Podcast! SUPPORT US ON PATREON! BECOME A PART OF OUR REAL ESTATE FAMILY AND INNER CIRCLE: patreon.com/realestateeffect And please subscribe to the show, share it with a friend and send us feedback. Visit www.realestateeffect.ca and follow me on IG @monsaxel
Today I sat down with Pete Reese and we talked about all things LAND! Pete took me through his process for how he crushes it in the land game and breaks down why if you're a Real Estate investor, you should be doubling down on Land investing! Enjoy the show! You are in for a treat with our next guest. Do me a favor, subscribe to the podcast, leave us a review, and don't forget to go to REMCommunity.com to connect with some of the highest level Real Estate professionals in the United States through our community and through our high-level masterminds. Let's go.
Today, we are joined by Pete Reese to talk about the complexity of flipping land as a business. He is the president of Real Vest Properties. He has successfully purchased and sold hundreds of pieces of real estate and he's on track to earn over 4 million in revenue here in 2022. [00:01 - 07:22] How He Started Out He started out by buying and selling single family homes in the 2000s, and then transitioned into flipping bank-owned properties during the 2008-2009 recession Since starting his own business two years ago, Pete has been successful in doubling his investment every 60 days, and is on track to earn over 4 million in revenue by 2022 Why one challenge Pete has faced is managing a large number of properties simultaneously [07:23 - 11:30] Buying Land in the US for Recreational Purposes They focus on the East Coast or Southeast US because land values are reasonable Why some areas are active markets, while others may have less demand Why the company looks for properties that have a gentle topography, road frontage, and legal access [11:31 - 21:29] Real Estate Lessons Learned The process of buying land, including the use of in-house capital or money partners, and the percentage of returns on investment How a minor subdivision is taking a property splitting it into five parcels or less and how it can be a good strategy for beginning stages of a development How they will hire an engineer to draw up potential plans for what the subdivision could look like and list it with a commercial broker. [21:30 - 23:13] Closing Segment Reach out to Pete! Links Below Final Words Tweetable Quotes “Essentially in this land business, there are money partners available.” - Pete Reese “I like buying and selling. Creating value it's almost like a mini game.” - Pete Reese ----------------------------------------------------------------------------- Connect with Jason! Follow Pete Reese on LinkedIn. Website: turningprofit.com Connect with me: I love helping others place money outside of traditional investments that both diversify a strategy and provide solid predictable returns. Facebook LinkedIn Like, subscribe, and leave us a review on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in! Email me → sam@brickeninvestmentgroup.com Want to read the full show notes of the episode? Check it out below: [00:00:00] Pete Reese: So we always send a photographer out and sometimes we've got a local broker agent that we're working with too that'll go out to the property for us as well. So we try to do that whenever we can. We always resell the properties with a local broker and we kind of use them during the due diligence process and get their opinion on what the value of the property is or what the area's like. And then we re-list the property with them. [00:00:34] Sam Wilson: Pete Reese is the president of Real Vest Properties. He has successfully purchased and sold hundreds of pieces of real estate, and he's on track to earn over 4 million in revenue here in 2022. Pete, welcome to the show. [00:00:46] Pete Reese: Well, thanks for having me. [00:00:47] Sam Wilson: Absolutely. The pleasures mine. Pete, there are three questions I ask every guy who comes to the show in 90 seconds or last, can you tell me where did you start? Where are you now and how did you get there? [00:00:56] Pete Reese: Great. Well, I started like anyone else or a lot of other people, bought our single family home in the year 2000 and kind of got hooked because when we sold it, we made about 50 grand on it. And got into flipping homes a little bit before the giant market crash in 2007 to 2009 ish area. So we were flipping homes. We were really successful with that kind of transition into, you know, I had gotten my real estate broker's license in the meantime, and when the market crashed, I really got heavily involved into selling bank owned properties for the banks. That's what was selling at the time. So I kind of just went where the market was. So I did that for quite some time. Also focused on short sales for quite some time, like helping homeowners sell their homes through short sales. So I got really good at that.Through that area, I actually connected with a bunch of large investment companies and for a while there I just focused on finding them deals. Learned a lot, sold a lot of properties through them, and kind of got the itch eventually to get back into real estate investing. So about two years ago, I kind of stumbled into the model of land flipping and, we're actually in our second full year of the business. 2021 was not even a full year in the business or March of 2021, we resold our first property. And now we're finishing up 2022 and hopefully on track to do 4 million, maybe 3.7, somewhere in that range. But yeah, so things are going very well and we're really having a good time with it, man. [00:02:25] Sam Wilson: That's impressive growth. I mean, you've been to this for two years and you talked about a lot of different aspects of the business you were involved in. I mean, going from short sales, R E O properties, even brokering to institutional buyers and people like that, like the complexity factor I would imagine into the land business has gone down dramatically. [00:02:47] Pete Reese: Oh yeah. It's great because it's a very simple business in a way. I mean, the business model is just simple. Sending out direct mail offers essentially to landowners. Yeah. And you know, we curate these lists and we filled 'em down and everything, and then we get the phone either ringing or them emailing us back and we just work out a deal with the landowners and we buy properties at, you know, the price where it makes sense for us to then be able to put 'em on the market and then resell 'em quickly. So our average hold time is only about 60 days. So typically I add this vision that land takes forever to sell and certain models of land investing do take a long time to sell, but not in this model. It's more of a quick, quick, quick sit situation and we'll do minor development things to these properties. We might get 'em surveyed, we might get a perk test, we might do some clearing on the properties. So we do some of those things to kind of enhance the value for a prospective buyer. But ultimately we just try to keep moving really quickly. [00:03:45] Sam Wilson: Wow. So gimme an ideal purchase for you guys. What's the ideal property look like that you wanna buy? [00:03:53] Pete Reese: Well, first of all, we try to double our money in all of our investments. So for the most part, we're using our own cash. So right now, try to stay on the minimum side of a purchase price as say 30,000, try to sell it for net 60,000 was. You know, I actually like at this point I'm trying to gravitate towards the bigger and bigger properties, you know, like a hundred thousand dollars purchase price, $150,000 purchase price. But many times the goal is the same to try to double our money. And, you know, if we could do that every 60 days, then it starts multiplying very quickly. [00:04:27] Sam Wilson: Have you ever figured out the annualized return on, like, say a single dollar invested and just sat down and tried to do the math just for kicks and gig? [00:04:37] Pete Reese: Oh yeah. Yeah, it's, it's insane. You know, some of the deals, you know, you know, I've had deals where we hold it for 21 days only, and that's including a resale escrow period and everything. And you know, maybe triple our money and then it's just astronomical in terms. It's like thousands of percentage if you multiply that out, you know, keep that money moving. [00:04:56] Sam Wilson: Right, right. Oh, that's hysterical. I love that. You know, and, and I think one of the things that I would find challenging in this model, and tell me why I'm wrong, is that at 30,000 bucks a pop, say on an average size 30 to. and you're gonna do 4 million in revenue. I'm not gonna try to do the math on the show here, but that's a lot of parcels of property. It's a lot of moving pieces. How do you manage all of that in a meaningful way? [00:05:21] Pete Reese: Yeah, I've got a great team around me. That's how I've, I've uh, you know, made it happen. I've got, I've got, uh, kind of everyone to sort of help me with every aspect of it, and at this point I'm kind of planning out our mailings, you know, like where we wanna send mail to and our outreach approving the deals and you know, working on the resale side of things, a lot of the negotiations on offers that come in. So that's kind of where I do most of my stuff. But I've got a great team handling all the different aspects. I've got someone that does all the phone calls with the, any, any of the sellers or any of the communication to get things under contract. I've got a transaction manager that handles it from contract to closing and yeah. I've got a property analyst that helps me review all these properties and dig into them deep and kind of do our due diligence and well, a number of other team members as well that have along the way. [00:06:14] Sam Wilson: There's parcels of land you can buy in the United States that aren't worth acquiring. I'm thinking like you get out, you got in the Western states and it's like, oh, hey, there's this giant parse tracked land. A hundred acres in Arizona, in the middle of absolutely nowhere. [00:06:30] Pete Reese: You know, yeah. There's people that focus on that in the land investing side of things, you know, the desert Squares, we call 'em. You know, personally, I don't see the peel too, but it's kind of a different model that a lot of 'em do. They'll buy these things for ultra cheap, you know? Right. Maybe a hundred dollars an acre or something, and then they'll sell it to people on terms, you know, for a much higher price. So that's, that's a whole different thing than what I'm doing because we're, we're buying them for cash and then we're cashing out when we resell them. We're not holding any of the notes on any of these properties, and the properties that we're buying are generally within an hour to two of major metropolitan areas, but rural areas. And for the most part, we're kind of buying 10 acres plus parcels at this point. Although we have done smaller, but that way that the properties could either be used for recreational purposes or potentially a home site. [00:07:23] Sam Wilson: Right. How have you selected where, I mean, the United States is a big country, so how you selected, where is ideal, an ideal target market for you guys? I know you mentioned a couple things, but within a couple hours of a major city but that still leaves a lot of land to buy. [00:07:27] Pete Reese: Yeah, yeah. Most of our stuff has been East Coast or SouthEast. And just like those areas, because land values are actually somewhat reasonable. There's a lot of vacant land, so there's a lot of potential deals to make and they're active markets in the land as well. Some areas you'll notice, you'll do your research and you'll see, you know, there's a ton of listings, but not a lot of sales, right? So either there's some sort of imbalance between what the sellers want and what the buyers wanna. or maybe that it's just land that is not, you know, not too desirable in a certain area, those areas still work. You just have to be able to put it on the market at just such a cheap price to, to really gain attention. [00:08:19] Sam Wilson: How are people financing the acquisition of it? Or do you require that your buyers all have cash? [00:08:27] Pete Reese: Yeah, we just put it on the list. We lease it with a broker, just like a house or, you know, a commercial property. And then the buyers figure it out on their end. So some of them. It's cash and some of 'em are using a HELOC on, say, a primary residence. I see that happen a lot, you know, to get the, to get the cash for this deal. Mm-hmm. . And then there are some land specific lenders that sometimes the buyers use. [00:08:51] Sam Wilson: Okay. Okay. So that option is out there. Have you seen, and I kind of feel like I'm wandering all over the place here, but I've got just some kind of building the picture. Let's say that there is, you know, there's talk of recession, there's talk of things slowing down. How does land perform in an economic downturn? [00:09:12] Pete Reese: Yeah. You know, some of these rural areas, they didn't really skyrocket and, you know this kind of last jump in the real estate market. So they're a little bit more stable. They'd have risen some, but I'll tell you that there seems to be demand for good parcels. Now, that's one thing that I've learned, you know, over the second year in the business. Even if a property is cheap but it's just not a great piece of land. I don't buy it in the first place. There's a lot of, like you said, there's a lot of pieces of land that you really wouldn't wanna buy at any price. And a lot of the deals we turn down after they come across our desks because it's just, it's not a good piece of land. You know, when you look at like, as a buyer, would I want this property? Mm-hmm. and if it's got major issues, like it's all swamp or on the side of a mountain or if it's landlocked. I mean, a lot of these things, even if they're ultra sheep cheap, I don't wanna buy 'em cuz it's gonna be tough to resell. So Right. Sounds like a good piece of land and you can offer it at a good price. That's slightly B below market. Those buyers are definitely there. [00:10:13] Sam Wilson: Got it. So what, so what are some things that define a good piece of land? I know you mentioned 10, you mentioned 10 acres. Obviously now we know not to buy on the side of a mountain or a swamp. People of those beams [00:10:27] Pete Reese: I mean, you know, they're buyers for those things too, but it's just not what I prefer to sell. Yeah, yeah. Like I said, you just have to get some of those things ultra cheap. I like the properties that are, have kind of a gentle topography, not too slow. I like properties that have road frontage and sometimes we buy some properties that have easement access, you know, where you cut through a neighbor's property. But as long as it's deeded and legal access and it's well defined, then, then I don't have a, uh, problem with it. Um, I also like, you know, properties that. You know, no wetlands or no FEMA flood zone. That's another consideration. Right? So, yeah, so those are kind, that's kind of the major checklist. And we try to, we try to buy properties that at least have the potential to build on. So we go through a whole checklist, you know, we're calling the county, the city, whoever it is, and, and just going through a whole checklist of questions that we ask them. We try. As much of a assurance from them that it, it's a potentially buildable property or we'll close on it, [00:11:30] Sam Wilson: Right, right. That makes sense. What's your typical cycle from under contract to when you officially buy it? How long does that take? I know you said Holden for about 60 days, but what's your due diligence cycle? On the front. [00:11:44] Pete Reese: Yeah. I mean, we try to buy 'em as quickly as possible, but the main holdup that we normally run into are the title searches. So it's the title company or the attorney that's doing the title search on the property. Those generally take a little bit of time, I mean, probably on average it's about 30 days. I would love to close 'em in two weeks if we could. Right. But you know, we're just waiting for that title work to come in most of the time. And you know, as soon as we get a property under contract, we've got this whole chain reaction of events that happen. You know, we get a photographer ordered to go out there or order this extra due diligence, you know, calling the county and the city and just a number of things that start happening. And then we compile that data as soon as we have 'em and just make sure everything's good and then move forward if it does. [00:12:27] Sam Wilson: That was gonna my question, do you guys site visit every property? It sounds like with a photographer you do, but obviously you personally don't site visit every property. [00:12:35] Pete Reese: Yeah. Personally, I've only been to a few of the properties that we've ever owned and that was a road trip that we did last year. Is kind of a fun experience. But yeah, for the most part, I never see any of these properties on the ground. [00:12:46] Sam Wilson: Wow, that's wild. So up until the point when you get it under contract, you've never actually physically set a site, or you know, if you can, I'm sure you can Google map it, but even then Oh yeah. A lot of your rural properties, maybe even that's not widely…. [00:12:59] Pete Reese: Yeah. We use a tool called map. Right. Which allows us to really get a lot of data on every parcel in the United States. I'm sure there, there are exceptions, but we get to see all kinds of satellite image data. We get to see overlays with fema, flood zones, wetlands and topography and a lot of other things. We could see the road frontage, so we could see a lot of that. It does. It's no substitute for sending someone out to the property and getting the boots on the ground. So we always send a photographer out and sometimes we've got a local broker agent that we're working with too that'll go out to the property for us as well. So we try to do that whenever we can. We always resell the properties with a local broker, and we kind of use them during the due diligence process and get their opinion on what the value of the property is or what the area's like. And then we re-list the property with. [00:13:48] Sam Wilson: I would imagine that you would want to use a broker or agent that has experience selling land, cuz it's a different thing to sell than, you know, a house or even, you know, warehouse or anything else. [00:14:00] Pete Reese: Yep. We look for the top land brokers in the particular areas that we're working on and we try to work with them and we try to get as many deals as we can with them to make it a, you know, kind of a win-win deal. [00:14:11] Sam Wilson: Right. No, that makes a lot of sense. So lemme ask you this, Pete, you guys do all of your own transactions with in-house capital or do you guys use outside capital as well? At times? [00:14:22] Pete Reese: Yeah, that's a really good question. For the most part, we do it all with our own cash. Now I have done two properties in the past where I've closed them with a partner. Mm-hmm. . And essentially in this land business, there are money partners available. And it's a situation where, you know, it's tough to get a bank loan for something like this. Like maybe it's available as an investor, but it's pretty tough. So what you do is, there are money partners out there and you bring the deal to them and they see the numbers and see how it's gonna work, and then they bring the money to the table. And then we split the profits when it all is said and done. So, I've done that on two properties so far out of about a hundred or so that we've completed flips on. And, it was a large dollar amount, it was $315,000. It was like a 600 acre property. So we ended up, Not quite doubling our money. We sold it for 5 95, but after closing costs and everything like that and a couple of other expenses, we netted, each of us netted about $108,000. [00:15:29] Sam Wilson: Right. So, so you, so you could afford to take your wife out to dinner once at least? [00:15:34] Pete Reese: Yeah. They're happy. My family was happy when I closed that one. I was excited too. But you know, when you look at the ROI on that, I mean, I brought the deal for sure. But I didn't, actually didn't put any of my money. Ended the deal at all and it still made hundred $8,000 on it. That's an infinite return on the infinite R O I [00:15:53] Sam Wilson: Right. Absolutely. Tell me about a deal gone bad deal gone bad. [00:15:57] Pete Reese: Well, knock on wood, I haven't lost money on any deal yet. Hmm. Any of these properties I bought, so. Okay. Kind of the worst percentage return on investment was right around 20. And that's how I howled it for, you know, something I had to hold for a while too, to get that 20% like 180 days, which is way longer than we normally do. But, you know, I guess a deal gone bad would be one that just took a lot of effort and I made hardly anything on it. And it was the first and only, uh, property that I bought that was landlocked 12 acre property. I thought this was such a great deal and picking up for $3,000 and I was like, how can I lose on this? I could sell it for 20,000, no problem. I tried to list it for that and tons of buyer interest, but no one understood the fact that it was landlocked and I explained it to him, put it, you know, it was a listing that way and everything, and, uh, so just a bunch of activity. Had to sort through the fellow of escrow a couple times. I think people just didn't really understand what it was and the limitations of what you could do with the property. Ended up selling it for, you know, five or six grand, something like that. So made money on it, you know, but it was just such a hassle and it was such a small amount of money. There was really kind of lesson learned, I guess. [00:17:14] Sam Wilson: Yeah. Yeah. And it just sounds like you'd never make the time back. The hassles, I mean, going with a couple times, monkey with the paperwork, going back and forth, I can only imagine. I know. Dozen, couple hours, thousand dollars. Yeah. You know what, but I've heard of, I've heard of a lot worse stories. You know, in the end, so let, let's assume it was a net wash even in the end, right? Like once you calculate your time, it's like, I've still heard a lot worse stories of like, oh, this is bad. And I lost, you know, half dollars. So I've heard that, oh yeah, yeah. That's it . No, no, absolutely no, and I think that's really, I think it's valuable though. I mean, to learn those lessons and to say, , you know, here's what not to buy, because I mean, that's, at some point you're gonna make those mistakes along the way. What about that property? I guess there was no easement to it. There was no deeded easement. There's no actual way to get to it. [00:18:04] Pete Reese: Yeah, exactly. Yeah, it was, it was kind of in a really populated area.12 acres or so, kind of all these subdivisions and apartment complexes and things built all around it. I mean, you could easily walk onto the property, like through these lawns from these apartment complexes and stuff, but there was no deeded legal access to the property. So, you know, I was trying to market it as like, well start your own, you know, Frisbee golf course or , you know, like I don't know what you're gonna do with it, but it's 12 acres of woods, so I don't know. [00:18:39] Sam Wilson: Who knows. Wow, that's wild. Well, at least you unloaded that. Talk to me about entitling land and the term, as you put it, minor subdivisions. I'm really curious what a minor versus major subdivision is. [00:18:50] Pete Reese: Yeah. Well, there's two different things really. There's a minor subdivision, which is taking a property, splitting it into five parcels or less. In most areas, they consider that a minor subdivision. And a lot of these areas, it's pretty simple. You hire a surveyor, they'll survey the property, split it up. Five parcels and then you record it with the county, right? And that's it. So then we take a larger property and then we sell it off individually because you know, say we get. 50 acre parcel and we split it up into five 10 acre parcels. Then we sell off the 10 acres individually to individual buyers cuz we can get a higher price per acre and a higher return on investment. So we do that. Sometimes that's a good strategy. Doesn't take too long. Then there's another entitlement, kind of land major subdivision type thing that we get into sometimes. So some properties are perfectly positioned. They would, it would be perfect for a residential subdivision. So generally what we'll do, cuz kind of the beginning stages, just to kind of enhance marketability. So we know it's zoned, right? We know it has the right utilities, it has everything available for a subdivision, but we don't wanna actually, you know, get the bulldozers out there and put in this, the roads and the site. We don't wanna do any of that stuff. So what we do is we hire an engineer, they draw up potentially what it could be. You know, how many potential lots here based off of the zoning. Where the roads would go in this community, and then we list it with a commercial broker and we'll just position it as what could be. Right. You know, and a lot of times these developers or builders, they're gonna have their own ideas of what they want to do with the land. They've got their own teams to do all this stuff, so, We just generally kind of market it as like, Hey, this, this could be a great subdivision for your company. You can move forward with that. So we've done that in a number of cases and uh, it's worked out really well. [00:20:35] Sam Wilson: So you're not actually going through the entitlement process. You are just simply giving up or not giving up, but producing potential. Hey, that's right. This is, this is what this could look like. Do what you want. But I wanna let you know that the possibility exists on this parcel to do something like this. [00:20:52] Pete Reese: Exactly. It helps the commercial broker kind of present it to the market, right? So they can, you know, talk to their potential buyers as well. And, you know, it actually is a different way to create value. [00:21:05] Sam Wilson: Absolutely. No, that's really cool. Pete, I have thoroughly enjoyed the show today. Thank you for taking the time to come on and share with us your journey. It sounds like, you know, you've done a lot of things in real estate over the last 22, going on 23 years, But it sounds like this is the one that you're having the most fun with, I would imagine. [00:21:23] Pete Reese: Oh yes. A lot of fun. A lot of fun. And you know, I like deals, you know, I like buying and selling. Creating value it's almost like a mini game, right? It is a game, you know… [00:21:34] Sam Wilson: Absolutely. Very, very cool. Pete, thank you for coming on the show today. If our listeners wanna get in touch with you and learn more about you, what is the best way to do that? [00:21:41] Pete Reese: Yeah, that would be heading over to turningprofit.com and that's a website. I've got monthly income reports where I share everything that's going on with our land business, how much profit we made that month. Each deal, we break down individually and show you what we learned, what went well, what maybe didn't go as well. And maybe if you've got any interest in land flipping, that's a good place to start. [00:22:06] Sam Wilson: Fantastic, Pete, thank you again for coming on today. I do appreciate it. [00:22:10] Pete Reese: Well, thanks so much, Sam. Really appreciate it here.
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 Subscribe and Review Have you subscribed to our podcast? We'd love for you to subscribe if you haven't yet. We'd love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast. 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 Instagram - www.instagram.com/trustgreene Instagram - www.instagram.com/streamlinedproperties TikTok - www.tiktok.com/@trustgreene Zillow - www.zillow.com/profile/Streamlined%20Prop%20eXp Bigger Pockets - www.biggerpockets.com/users/TrustGreene Facebook - www.facebook.com/streamlinedproperties/ Email - info@streamlined.propertiesE Episode Credits If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com. Let them know we sent you.
Land flipping is one of the simplest and most profitable ways to get started in real estate investing, and now Pete Reese reveals how it works, the risks involved, and the possible profit you can make. Continue to tune in to learn about market trends and their secrets, and be rewarded for what you're truly worth!Key Takeaways to Listen forCriteria when purchasing a land Marketing strategies to help you sell your land holdingsPeople's response to direct mailing marketing strategyMetrics to determine the saleability of land propertiesWays to generate land investment opportunitiesHow is the demand for land properties in the marketResources Mentioned in This EpisodeMaprightZillowMultiple Listing ServicesFree Apartment Syndication Due Diligence Checklist for Passive Investor About Pete ReesePete Reese is the President of Reelvest Properties, a land development, and investment company. With nearly two decades of real estate experience as a broker and investor, Pete has successfully purchased and sold hundreds of pieces of real estate for a profit over the years for himself and on behalf of his clients. He's on track to earn $4 million in revenue in 2022 with his land flipping and development business. Pete's always looking for his next deal, including his longtime dream of his own private island. Besides his professional accomplishments, Pete is a proud father to three beautiful girls, keeps up with his family by working out and enjoying a vegan diet, and is the 31st great-grandson of King Henry II.Connect with PeteWebsite: Reelvest | Turning ProfitTo Connect With UsPlease visit our website: www.bonavestcapital.com and please click here, to leave a rating and review!SponsorGrow Your Show, LLCThinking About Creating and Growing Your Own Podcast But Not Sure Where To Start?Visit GowYourShow.com and Schedule a call with Adam A. Adams
Fun conversation with Pete Reese talking about flipping homes, flipping undeveloped land, and his upcoming podcast, Turning Profit. Ken Greene transitioned from being a Professional Engineer (P.E.) to the “Engineer of Finance.” His goal is to help people become financially independent and help them earn better yields with less risk by investing Off Wall Street. Who's the Guest Pete Reese is the host of the Turning Profit podcast and President of Reelvest Properties, a land development, and investment company. With nearly two decades of real estate experience as a broker and investor, Pete has successfully purchased and sold hundreds of pieces of real estate for a profit over the years for himself and on behalf of his clients. He's on track to earn $4 million in revenue in 2022 with his land flipping and development business. Pete's always looking for his next deal, including his longtime dream of his own private island. Besides his professional accomplishments, Pete is a proud father to three beautiful girls, keeps up with his family by working out and enjoying a vegan diet, and is the 31st great-grandson of King Henry II. Links and Resources from this Episode DISCLAIMER For resources and additional information of this episode go to http://engineeroffinance.com Connect with Ken Greene http://engineeroffinance.com Office 775-624-8839 https://www.linkedin.com/in/ken-greene https://business.facebook.com/GreeneFinance Connect with Pete Reese https://reelvest.com/ https://petereese.com/ https://redcircle.com/shows/turning-profit https://twitter.com/petereese https://www.facebook.com/reelteepete/ Book a meeting with Ken If you liked what you've heard and would like a one-on-one meeting with the Engineer Of Finance click here Show Notes Working in real estate: Pete's business, history, and his company, Reelvest Properties The impact of the housing market crash on their real estate investments How they handled the situation and made educated decisions during the Great Recession What BPOs are The highs and lows of flipping real estate properties The real estate market in San DiegoHow the flipping property market works Finding deals for investments Investing in undeveloped real estate properties Developing properties in the rural area Best ways to reach out to Pete and listen to his new podcast Review, Subscribe and Share If you like what you hear please leave a review by clicking here Make sure you're subscribed to the podcast so you get the latest episodes. Subscribe with Apple Podcasts Follow on Spotify Subscribe with Stitcher Subscribe with RSS
Pete Reese is the founder of the OCR phenomenon mudstacle. Find out how he got started in obstacle course racing and the service he is providing to the ocr community with the mudstacle site luke the forum, mudstacle league and the mudsacle annual insurance package.