In this week’s episode of the Turning Profit podcast, Maddie and I discuss our transition from solar farm development to battery storage development due to recent legislative changes.

We explain the potential and lucrative opportunities in utility-scale battery storage, driven by significant government incentives and the growing need for renewable energy solutions.

We also share the business plan and operational focus of our company, Sunland America, and our strategy for acquiring suitable land for these projects.

If you want in on this once-in-a-generation investment opportunity, you don’t want to miss this.

Key Takeaways:

Introduction to Battery Storage Growth (00:00)

Pivoting to Battery Storage Development (00:57)

Challenges with Solar Farm Development (02:22)

Exploring Battery Storage Opportunities (07:48)

Government Incentives and Tax Credits (10:22)

Understanding Battery Storage Technology (13:54)

Future of Battery Storage and Electric Cars (16:33)

Fragmented Market and Battery Storage Demand (19:26)

Early Stage Development and Land Control (20:00)

Acquisition and Property Selection (21:46)

Community Pushback and Property Footprint (23:09)

Building a Pipeline and Company Valuation (25:30)

Investment Opportunities and Financial Projections (32:12)

Conclusion and Contact Information (34:57)

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/

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Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.

Follow us on your favorite platform so you never miss an episode!

In this episode of the Turning Profit Podcast, we dive into the critical steps involved in the due diligence process of land investing.

We discuss everything from on-site inspections, broker opinions, title reports, to comprehensive due diligence reports.

We also cover related topics like auctions and handling difficult property circumstances.

If you’re looking for a wealth of information in real estate or land investing, this episode is for you.

Key Takeaways:

Introduction to Real Estate Due Diligence (00:00)

Today's Topic: Researching a Property (00:46)

The Importance of Due Diligence (01:50)

Remembering Jimmy Buffett (02:48)

Communication in Real Estate Deals (06:03)

Onsite Inspections and Broker Opinions (12:58)

Revealing True Colors (33:59)

Agent Responsiveness (34:17)

Market Shifts and Comfort Zones (34:32)

Title Report Essentials (35:23)

Understanding Easements (37:58)

Due Diligence Report (41:40)

Navigating Closing Costs (48:06)

Handling Title Issues (50:52)

Exploring Real Estate Auctions (53:23)

Selling Challenging Properties (57:45)

Recap and Resources (01:00:17)

Additional Resources:

✨ Get all of our recommended tools and services at https://resources.landconquest.com

✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete

✨ Connect with Pete on LinkedIn here: https://www.linkedin.com/in/partnerwithpete/

—

Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.

Follow us on your favorite platform so you never miss an episode!

In this episode of the Turning Profit Podcast, we discuss various aspects of evaluating land for purchase.

We provide insights into essential criteria such as access, wetlands, FEMA flood zones, topography, landscape, and neighboring properties.

We also address the importance of creating a checklist for land evaluation to remove emotion from the decision-making process.

Additionally, we answer community questions about mailing strategies and buying on-market properties, and discuss current trends in commercial real estate.

Key Takeaways:

Introduction (00:00)

Welcome to the Turning Profit Podcast (00:18)

Seasonal Changes and Real Estate Impact (01:44)

Evaluating Land to Buy (03:09)

Real Estate News and Market Trends (03:45)

Commercial Real Estate Insights (04:53)

How to Evaluate Land: Detailed Checklist (13:33)

Evaluating Property Value: Junky vs. Prime Locations (28:45)

Impact of Neighboring Properties on Value (29:58)

Challenges with Properties Near Freeways and Schools (32:34)

The Importance of Systematic Property Evaluation (35:15)

Mailing Strategies for Property Deals (37:55)

On-Market vs. Off-Market Property Deals (42:45)

Standard vs. First Class Mail for Campaigns (46:43)

Conclusion (52:08)

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!