How Our Kids Turned $8,000 into $80,000 in One Year with Land Flipping

from Turning Profit · host Pete and Heather Reese

In this week’s episode of the Turning Profit podcast, we’ll be sitting down with very very special guests.They are… DRUMROLL PLEASE… our children, Maddie and Ashley!As we’ve discussed in our origin story episode (and if you haven’t listened to that, well then, what are you waiting for?) we want to teach our children how they can make their own money through real estate.It’s not enough for us to create generational wealth and leave it to our kids and their kids, we want our children to be able to rely on themselves, learn the ropes of real estate investing, and make something worthwhile on their own.And that is exactly what they did.We're very proud to say that they’ve turned $8,000 into $80,000 in one year through land flipping.How did they do it? And what lessons have they learned from that?These are a few of the questions they’ll be answering in this week’s episode of the Turning Profit podcast.Are you ready?Let’s dive in!Key Takeaways:Introduction (00:00)Meet our special guests (00:43)How it all started (02:36)The girls’ first property (08:37)The second deal (15:33)The one deal they declined (20:18)The sky's the limit (26:32)Property n°4 (29:02)Ten times the money in six deals! (38:49)The forecast for 2023 (39:58)The last few questions (44:05)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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This episode was published on January 24, 2023.

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