Buy land off market, split it up, and resell it for a higher price per acre. Pete Reese, president of Reelvest Properties, breaks down how his team flips land across the country, often without ever seeing the property in person.
In this clip from Commercial Real Estate Secrets, Pete explains:
• How he buys properties off market and resells them on market through local land brokers
• Why splitting a large parcel into smaller lots can bring a higher price per acre (his example: a 100-acre property split into five 20-acre lots)
• How he finds deals with direct mail offer letters
• His four-part due diligence process: title commitment, local broker opinion, an on-site photo and drone report, and calls to the county or city
• His deal criteria, including the rule of thumb of aiming to double his money and skipping deals projected to make less than $10,000
• How he thinks about zoning on rural land
• Who sells him land, and why
• How he manages risk when buying land that doesn't produce income
• His Land Conquest community and his 50/50 partner program for other investors (figures and results are Pete's own claims)
Aviva also shares her own land story from south of Denver International Airport.
⏱ Chapters:
0:00 The Land Flipping Model
0:35 Meet Pete: How He Flips Land
2:05 Finding Deals With Direct Mail
3:13 Due Diligence and Deal Criteria
5:17 Zoning and Why Owners Sell
7:08 Land Stories: DIA and a Graveyard
8:39 How He Manages Land Risk
10:07 Land Conquest and Partnerships
12:27 What Makes Pete Happy
14:16 Where to Find Pete
📍 Follow Pete Reese:
Instagram: https://www.instagram.com/partnerwithpete/
TikTok: @partnerwithpete
Pete Reese's comments reflect his own experience and opinions.
#commercialrealestate #landinvesting #landflipping
————————————————————————
For Collaboration and Business inquiries, please use the contact information below:
🌐 website: https://warehousehotline.com/
📩 Email: aviva@warehousehotline.com
🔔 Subscribe to The Channel Aviva Real Estate to stay updated on commercial real estate trends and insights from industry influencer Aviva: https://www.youtube.com/@AvivaRealEstate
================================
Disclaimer: We do not accept any liability for any loss or damage which is incurred by you acting or not acting as a result of listening to any of our publications. For all videos on my channel: This information is for general & educational purposes only. Always consult with an attorney, CPA, or financial professional for advice based on your specific situation.
© Aviva Real Estate.
