The Real Estate Investing Show

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Maximum Allowable Offer. --- Support this podcast: https://anchor.fm/treis/support

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Going over the details of lease to purchase options. --- Support this podcast: https://anchor.fm/treis/support

How do you graduate from an agent to an investor? --- Support this podcast: https://anchor.fm/treis/support

How do you know when it is time to pull the trigger? --- Support this podcast: https://anchor.fm/treis/support

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Musical Intro plays. I am Bryan Jones. I am Seth Martin, and this is The Real Estate Investing Show. Follow-up ------------------------------------------------------------------------------------------------------------------------------- Segment 2 (Real Estate or Investment Related Topic ) Fix and Flip Find a house. Determine exit strategy and ARV. Find contractors. Get a minimum of 5 bids. Find the money. Rehab. List. Wholesale Wholetail Wholetailing is a combination of two different real estate investing strategies: Wholesaling and Flipping but without all the hassle and large expense of a full-blown flip. Instead of a full remodel, wholetailing would be cosmetic updates to the property, like painting the interior and updating the flooring. Other great ways to increase the appeal of the home, and make you more money would be: Paint the exterior Spruce and clean up the front yard Update the hardware Replace the fixtures and lighting Even update the appliances ------------------------------------------------------------------------------------------------------------------------------- Segment 3 (A week in our shoes) Bryan- Wholesale deal fell through, had to come to the realization that I missed the target. Released deal and forfeited earnest money. Seth- --- Support this podcast: https://anchor.fm/treis/support

Musical Intro plays. I am Bryan Jones. I am Seth Martin, and this is The Real Estate Investing Show. Follow-up ------------------------------------------------------------------------------------------------------------------------------- Segment 2 (Real Estate or Investment Related Topic ) What does a good deal consist of? Buy for Equity, for cap rate, cash flow, IRR or???? Every asset class is different Bryan's Opinion Seth's Opinion The point is there are many different ways to look at this but has to be in your “Grand Scheme”. How do you find your first deal? Do you market directly to sellers? Network with other investors? Find a mentor? What are some of the conversations you need to have with sellers, investors or mentors? How to you analyze your first deal? What are the most important parts of this first deal that are leading you towards your ultimate goals? How do you stress test your first deal? What are your “What If” factors? What contingency Plans do you have in place for your “What If's”? What about conversations and fixes for problems unforseen? ------------------------------------------------------------------------------------------------------------------------------- Segment 3 (A week in our shoes) Bryan- Ended up wholesaling the great deal I found. $25k assignment fee. Looking for additional flip opportunities and listed a few flips for an investing friend of mine. Seth- Finished feasibility and are formulating offers on two development projects. Worked on funding the quadplex we are currently purchasing and have a new day school under contract for a client closing in about 45 days. ------------------------------------------------------------------------------------------------------------------------------- Segment 4 Musical Outro Aftershow Beep-Beep --- Support this podcast: https://anchor.fm/treis/support

Musical Intro plays. I am Bryan Jones. I am Seth Martin, and this is The Real Estate Investing Show. Follow-up ------------------------------------------------------------------------------------------------------------------------------- Segment 2 (Real Estate or Investment Related Topic ) BRRRR 1 What is BRRRR? Buy. Renovate. Rent. Refinance. Repeat. 2 WHY BRRRR? Velocity of money. The velocity of money is a measurement of the rate at which money is exchanged in an economy. It is the number of times that money moves from one entity to another. It also refers to how much a unit of currency is used in a given period of time. 3 Why make less per month? NO MONEY IN THE DEAL! 4x more properties + appreciation + loan paydown + cashflow = EXPONENTIAL cashflow/network growth. 4 Key numbers to consider. ALL IN BUDGET OF 75%. Purchase + renovation < %75. DTI 75% of RENT. FRAMEWORK RECAP 5 Buy. Contact agents in your local market and ask them to send you “as-is” properties. Search on Zillow for FOR SALE by owners. Watch for auctions on AUCTION.COM. 6 Renovate. Search for contractors in your area. Get a minimum of 3 bids for different contracts to do the work. VERIFY REFERRALS! 7 Rent. List house with an agent for MLS listing. Zillow list by owner. Or find a TRUSTED PM in your area. 8 Refinance Call local banks and see what their refinance cap is. For most, this is 75%. Local banks or credit unions work the best! 9 Repeat In my Mark Will's voice: And I'll start back @ 1. 10 Book to read: BRRRR by David Greene ------------------------------------------------------------------------------------------------------------------------------- Segment 3 (A week in our shoes) Bryan- New deal. (Carters Creek Pike) Contract on the investor's townhome. Then a bidding war on the property that never sold. Seth- Read the book “High profit Prospecting” over the last few weeks and took its 30 questions and evaluated my business. ------------------------------------------------------------------------------------------------------------------------------- Segment 4 Musical Outro Aftershow Beep-Beep --- Support this podcast: https://anchor.fm/treis/support

Segment 1 (Introduction/Follow-up) Musical Intro plays. I am Bryan Jones. I am Seth Martin, and this is The Real Estate Investing Show. Follow-up ------------------------------------------------------------------------------------------------------------------------------- Segment 2 (Real Estate or Investment Related Topic ) Build to sell. Analysis Feasibility Business Structure Build to rent. Analysis Feasibility Business Structure Management Potential Exit Strategies ------------------------------------------------------------------------------------------------------------------------------- Segment 3 (A week in our shoes) Bryan-  House is done for the Anzola Family. Professional photos Friday. Lakehouse deal. Passed inspection. ------------------------------------------------------------------------------------------------------------------------------- Segment 4 Musical Outro Aftershow Beep-Beep --- Support this podcast: https://anchor.fm/treis/support

Segment 1 (Introduction/Follow-up) Musical Intro plays. I am Bryan Jones. I am Seth Martin, and this is The Real Estate Investing Show. Follow-up ------------------------------------------------------------------------------------------------------------------------------- Segment 2 (Real Estate or Investment Related Topic ) Frameworks. ------------------------------------------------------------------------------------------------------------------------------- Segment 3 (A week in our shoes) Bryan- Click Funnels and reno complete on Lakeside. Brandyleigh project started. Seth- ------------------------------------------------------------------------------------------------------------------------------- Segment 4 Musical Outro Aftershow Beep-Beep --- Support this podcast: https://anchor.fm/treis/support

Segment 1 Introduction/Follow-up Musical Intro plays. I am Bryan Jones. I am Seth Martin, and this is The Real Estate Investing Show. Follow-up ------------------------------------------------------------------------------------------------------------------------------- Segment 2 Real Estate or Investment Related Topic The risk of investing in real estate and creative ways to not lose money when things go awry. Topic 2. ------------------------------------------------------------------------------------------------------------------------------- Segment 3 A week in our shoes Bryan- Lease-purchase on 4011 Fox Run N. Check received. First months rent received. Renter set to move in 02/01/2020 Clickfunnels! Seth- Insert what you have done this week that you would like to talk about. Any awesome deals, trials, tribulations, learning opportunities, etc. ------------------------------------------------------------------------------------------------------------------------------- Segment 4 Musical Outro Aftershow Beep-Beep --- Support this podcast: https://anchor.fm/treis/support

Segment 1 (Introduction/Follow-up) Musical Intro plays. I am Bryan Jones. I am Seth Martin, and this is The Real Estate Investing Show. Musical Intro stops. Introduce the concept/reason for the show. Bryan introduces himself. Seth introduces himself. Introduction wrap-up. Follow-up ------------------------------------------------------------------------------------------------------------------------------- Segment 2 (Real Estate or Investment Related Topic ) Zillow filing for its real estate license in Tennessee. Zillow makes nearly 50% of its profit by flipping houses. ------------------------------------------------------------------------------------------------------------------------------- Segment 3 (A week in our shoes) Bryan- Subject-to deal closing. Discuss Lakeside renovation. Discuss offer made on W Burt. Discuss offer made on Bowman. Seth- Investing opportunities and development. ------------------------------------------------------------------------------------------------------------------------------- Segment 4 Musical Outro Aftershow --- Support this podcast: https://anchor.fm/treis/support