Everything You Need to Know About Due Diligence As a Real Estate Investor episode artwork

EPISODE · May 16, 2023 · 55 MIN

Everything You Need to Know About Due Diligence As a Real Estate Investor

from Turning Profit · host Pete and Heather Reese

In this week’s episode of the Turning Profit podcast, Heather and I will be discussing a suuuuper important subject for real estate investors and aspiring land flippers: Due diligence.Due diligence is a step every land flipper and investor has to go through.Why?Simply because sometimes what you think you’re buying is not really what you’re getting. And once you’ve signed those papers and closed the deal, it’s too late to back down when you find out what you invested in (be it a land or a house or a commercial lot) has unplanned issues.I know, scary, right?This is why today Heather and I decided to share our due diligence checklist with you! Tune in now to learn everything you need to know about the subject (plus, as always, we answer questions from our land flipping community, and we know you don’t want to miss that).Are you ready?Let’s dive in!Key Takeaways:Introduction (00:00)More about our free training program (01:49)Let’s talk about some current events (03:06)Let’s discover the checklist (08:35)Check for buildability (16:29)Why a perc test is important (26:09)Don’t forget the BPO (34:24)Let’s answer some questions! (38:18)Additional Resources:✨ Get all of our recommended tools and services at https://resources.landconquest.com✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete✨ Connect with Pete on LinkedIn here: https://www.linkedin.com/in/partnerwithpete/—Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.Follow us on your favorite platform so you never miss an episode!

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