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Get ready rookies, this episode is going to reveal a little-known (yet screamingly obvious) differences between two powerful deal strategies in the Owner Finance game, and the truth bomb is: 99% of all real estate investors are doing this wrong. And it's secretly costing them tens of thousands, and they don't even know it. Plus, the biggest reason this is so misused is because most think these two strategies are the same and there is not a difference. It even kills deals without any clue why the deal died for most! Let me be blunt: this is not beginner, fluff for faint ears. It is an obvious hidden deal secret distinction that makes miracle wealth generation as easy as doing 3rd grade math. I would go as far to say: this is the hidden junction point that separates pros who stack wealth like books on a shelf, and from the newbies that gets ghosted and have no clue it was him, and blames it on the seller who could make the investor a millionaire. Wield, your wealth now, stick with me and listen now…
Michael came on the podcast to discuss his real estate investment strategy, which involves buying properties virtually and selling them to individuals with poor credit through seller financing. Michael has successfully completed over 65 transactions and currently has 53 assets. Michael also shared how he raises private funds, having raised over 3.5 million in the last 3 and a half years. Want to create your own seller-financed notes? MAKE SURE YOUR NOTES ARE SELLABLE, VALUABLE, AND COMPLIANT: https://calltheunderwriter.com/ Are you Ready to work with Dan to learn how to invest in notes yourself? SMALL GROUP LIVE COACHING: https://www.fusionnotes.com/livetraining PREMIUM CONTENT: Get a roadmap that shows you a step-by-step path for being a note investor, https://fusionnotes.ac-page.com/gameplan NOTE INVESTING ONLINE COURSES: https://www.fusionnotes.com/courses/ DAN'S LINKS FOR PODCAST LISTENERS: https:www.fusionnotes.com/listeners Get the FREE EBOOK on How to Make Outsized Profits in Notes in 2024: https://fusionnotes.ac-page.com/newsletter-signup-page-podcast WEBSITE: https://fusionnotes.com
Take control of your destiny. Learn Todd Toback's five proven owner finance strategies and dominate the real estate market. With owner finance, you can bypass traditional lenders, close deals faster, and maximize your profits. It's time to rewrite your financial future! ---------Show notes:(0:30) Beginning of today's episode(1:00) Five types of owner finance deals(1:28) The straight owner financing(4:12) Sub-to financing (6:16) Sub-to hybrid financing (8:27) The lease option(10:08) Sandwich lease option(12:21) Straight option----------Resources:Noteservicing.comTo speak with Brent or one of our other expert coaches call (281) 835-4201 or schedule your free discovery call here to learn about our mentorship programs and become part of the TribeGo to Wholesalingincgroup.com to become part of one of the fastest growing Facebook communities in the Wholesaling space. Get all of your burning Wholesaling questions answered, gain access to JV partnerships, and connect with other "success minded" Rhinos in the community.It's 100% free to join. The opportunities in this community are endless, what are you waiting for?
Today, we explore an often overlooked investment strategy in real estate, "Slow Flips," a model that allows you to buy and resell single-family homes over extended terms, generating consistent, reliable income. Host Jennings Smith will break down the pros and cons, the challenges, and the success stories of Slow Flips. Get ready to know real-life examples of how this long-term flip model works. Listen now! Show Highlights: How to secure a durable cash-flowing asset in real estate [01:32] Where should single-family units be bought? [04:15] You were not aware of this advantage of Slow Flips [07:09] Here is how you can have a reliable monthly cash flow [09:19] Learn property management when a buyer defaults [12:53] How does the Slow Flip model work? [13:32] Discover the differences in state laws regarding land contracts [20:29] This is how you can deal with a high default rate [23:39] Connect with Jennings on Instagram: @jenningsfostersmithjr
¿Sabías que con Owner Finance puedes cerrar una venta en cuestión de horas? Pero, ojo
Here's how I can help you: Courses https://www.dickersoninternational.com/courses Mentorship https://www.dickersoninternational.com/mentorship Connect with me here: Facebook: https://www.facebook.com/pg/thegregdickerson Instagram: https://www.instagram.com/thegregdickerson LinkedIn: https://www.linkedin.com/in/agregdickerson Twitter: https://twitter.com/agregdickerson YouTube: https://www.youtube.com/user/agregdickerson/?sub_confirmation=1 Podcast: https://www.dickersoninternational.com/podcast #realestatedevelopment #realestateinvesting #realestate Greg is a serial entrepreneur, real estate developer, coach and mentor to high level investors around the world. He has bought, developed and sold over $250 million in real estate, built and renovated hundreds of custom homes and commercial buildings, developed residential and mixed-use subdivisions and started 12 different companies from the ground up. Greg currently mentors some of the top entrepreneurs, real estate investors and real estate developers in the country helping them grow and scale their business, raise more capital and do bigger deals. Greg's current clients have over $2 billion in AUM and deals in the process. Greg is an expert on the topics of entrepreneurship, leadership and real estate and is regularly interviewed on some of the top real estate investing and business podcasts today. Greg served in the United States Navy right out of high school and has always been a leader in the community as well as supporting, advising and serving on the boards of several churches, ministries and non-profit organizations. This channel is all about Entrepreneurship, Real Estate Investing and Real Estate Development *Nothing in this video or podcast is meant to be construed as legal or investment advice, it's for entertainment purposes only. The video is accurate as of the posting date but may not be accurate in the future. WATCH OUT FOR SCAMMERS IN THE COMMENTS I do not have a telegram, discord or any tother type of paid group. I will not contact you here or on other platforms. Scammers are using my name and picture. My real profile has a dark background around my name. I will not ask you to contact me, ask you for money or give you any contact info. Do not contact anyone in the comments. PLEASE HELP BY REPORTING AND DELETING ALL THESE SCAMMERS. Thank you! How to invest in real estate, how to develop real estate, build to suit, how to flip houses, how to flip land, how to develop land, how to become a real estate developer, how to wholesale houses, how to flip houses, how to invest in commercial property, how to invest in commercial real estate, how to buy apartment building, how to buy commercial property, real estate investing courses, real estate investing career, how to raise capital, how to find private investors, how to fund real estate deals Real Estate Development, Real Estate Development 101, Real Estate Development process, Real Estate Development career, Real Estate Development company, Real Estate Development finance, Real Estate Development process, Real Estate Development funding, Real Estate Development degree, Real Estate Development course, Real Estate Development vs investment, Real Estate Land Development, Real Estate Development Company, Real Estate Development Analysis, BiggerPockets, how to buy apartment buildings How to start a business, How to buy a business, how to grow and scale a business, how to be an Entrepreneur, entrepreneurship, leadership, how to manage people, motivational videos, leadership videos, mindset --- Support this podcast: https://podcasters.spotify.com/pod/show/greg-dickerson/support
Looking for help with raising your rates? Get BFU's playbook for raising prices so you can charge what you're worth while minimizing client pushback. Includes step-by-step instructions and email templates you can copy and paste. Get it HERE. Here are 3 ways to get more BFU in your life Follow BFU on Instagram HERE Subscribe to Mark's YouTube channel HERE Pick up a copy of Mark's book HERE Are you a gym owner doing more than $15k/mo looking to grow your gym in the next 90 days? Learn more about the Unicorn Society HERE.
Nuestra invitada, Carmen Pec, nos comparte un testimonio realmente inspirador sobre cómo su familia pudo adquirir una casa gracias a un novedoso esquema de financiamiento directo con el vendedor conocido como 'Owner Financed'. Su pasión por este proyecto la llevó a unirse al equipo de la prestigiosa compañía TL Global Owner Finance, donde ahora brinda asistencia a personas con diversos perfiles que, por diferentes razones, no califican para obtener un préstamo tradicional. Carmen nos explica los requisitos necesarios para acceder a este método de financiamiento, y además, nos revela cómo TL Global Owner Finance también actúa como intermediario para ayudar a inversionistas a hacer que su dinero trabaje mediante el apalancamiento de una propiedad. De esta forma, la compañía beneficia a ambas partes en la transacción, facilitando el cumplimiento de los objetivos tanto de compradores como de inversionistas. Recuerda vernos y seguirnos también en YouTube! Síguenos en Instagram Facebook LinkedIn Escríbenos a hola@lalaygaby.com Hosts: Lala Elizondo y Gaby Proctor ¡Si te gustó el episodio, no olvides darnos un review! ⭐️⭐️⭐️⭐️⭐️ Esta plática fue grabado en Mayo del 2023. www.LalayGaby.com Hosted on Acast. See acast.com/privacy for more information. Learn more about your ad choices. Visit megaphone.fm/adchoices
Are you having trouble with your finances? Or do you wish not to use your own money for the deal? Well, owner financing is your way to go. In this episode, Stacy Rossetti shares the best way to structure owner-finance deals to avoid bringing your own money to the deal. She shows how she found, funded, and ran one of her storage facilities in Florida using her creative strategy; she brought 20 million in real estate transactions in 10 years without putting a dime into any of it. Hop into this episode and see how Stacy does her step-by-step process in doing creative deal structuring.Love the show? Subscribe, rate, review & share! http://stacyrossetti.com
Live Owner Finance Seller Call! The Best Propstream Lists of 2021 For Wholesaling Real Estate Propstream-7 day FREE TRIAL! https://trial.propstreampro.com/nvip ___________________________
Episode #244 - You can make money renting or owner financing your investment property. But which is better and which should you do with your property? That's the question Coach tackles in this edition of the Ask Coach Podcast. Resources from the episode: Show notes (with transcript and links): https://www.coachcarson.com/rent-or-ownerfinance/ My video on How to Buy Real Estate With Owner Financing (aka Seller Financing): https://youtu.be/XHe0ckdsCLE ________________________
David Richter is an active real estate investor who has been essential in closing over 850 deals over the last 7 years which include wholesale, turnkey, BRRRR, owner finance, rentals, lease options, and any other exit strategy you can think of. David is the author of Profit First for Real Estate Investors. His goal is to completely transform the Real Estate Investing industry when it comes to how real estate investors view their finances. Main Points:Profit First for Real Estate Investing BookFinancial Clarity Connect with David:www. simplecfosolutions.com/getstarteddavid@simplecfosolutions.com
I'm hanging out with another 8-figure entrepreneur on the 7 Figure Flipping Podcast today… the one and only Vaughn Bethell!We talked about the weird “owner finance model” he's using in South Carolina…And he shared his takeaways from the 8 Figure Event, including something I COMPLETELY MISSED from Daymond John!Listen in now!Vaughn says he added “an extra $1,000,000” to his business by joining the 7 Figure Altitude mastermind group.If you want to be part of this group and do what Vaughn did……hit the link and apply to join.CLICK HERE to Apply >>This will get you onto an in-depth consultation with my team, where we'll break down what your next steps should look like (whether Altitude is a good fit for you or not).If you have any questions, let me know/Take care!Links & ResourcesWant to connect with Vaughn? You can find him on Facebook under the name Vaughn Bethell, or head over to his website, REIJunkies.com!CLICK HERE: REIJunkies.comVaughn has been on the 7FF Podcast before. Here's the link to a previous episode where he shared how to get 600+ seller leads PER WEEK!CLICK HERE: https://www.7figureflipping.com/podcast/600-properties-per-week-heres-how See acast.com/privacy for privacy and opt-out information.
Add another tool to your tool belt by mastering Owner Finance! In this episode we talk about how beneficial owner financing is to everyone involved. We tried to find cons with this strategy but couldn't (or came up with bad ones). Once you figure out how to explain this concept to the seller, you'll be adding properties to your portfolio left and right! Further Resources: More Owner Financing: https://www.wholesalingoutofthebox.com/podcast/episode-24-how-to-calculate-and-present-owner-finance-offers Subject To: https://www.youtube.com/watch?v=ChIIffXKTHY Bridge Loans: https://www.wholesalingoutofthebox.com/podcast/episode-121-how-do-you-get-across-the-grand-canyon-bridge-loans Creative Finance Calculator: https://www.wholesalingoutofthebox.com/store/p14/Creative_Financing_Calculator.html Connect with us! Facebook: https://www.facebook.com/wholesalingoutofthebox Instagram: https://www.instagram.com/wholesalingoutofthebox Website: https://www.wholesalingoutofthebox.com/ --- Send in a voice message: https://anchor.fm/wholesalingoutofthebox/message
Estate Professionals Mastermind - More Than A Probate Real Estate Podcast
Live probate training episode #24: Buying property through business acquisitions, and buying businesses through real estate deals; using asset-based lending to fund buy and holds; and tax strategies for real estate investing.Full show notes and resources: https://probatemastery.com/how-to-buy-a-small-business-in-probate-plus-most-tax-efficient-real-estate-investment-strategies-in-2021/Watch with video on YouTube: https://youtu.be/LFBbdaVzYOgChad's Probate Certification Course: https://probatemastery.comFacebook Group: Estate Professionals Mastermind Time Stamps (YouTube links):0:00 Transaction engineering: Subject to replacement property contingency and rent-back after closing5:13 Save the deal: How to get your buyer paid for residential leaseback at an above-market rent9:54 Small businesses in probate: How to buy a profitable business in probate/in an estate.12:07 The opportunity in small business acquisition and real estate in probate15:02 How to buy a business and help the seller pay zero capital gains.17:29 Buying real estate through small business acquisitions and saving on income taxes20:18 Great businesses to invest in right now and in 2022, and how to compete with business brokers25:35 Why do companies offer equity to employees? 33:46 How much money do I need to buy a small business? Can I buy a business without money?36:22 How to structure the transfer of business ownership42:34 Buy and hold real estate investing: Is a residential or commercial loan better?44:31 Why asset-based lending for rental property beats conventional loans46:54 Asset-based loans from community banks vs. hard money, private money47:57 What should I say when applying for a community bank loan for an investment property?48:59 How to Pitch Owner Finance Script: Tax Advantages to a Free-and-Clear Seller51:40 Is flipping houses worth it? Most tax-efficient way to flip houses and avoid capital gains tax with creative financing53:47 Why would you not do a 1031 Exchange in a Biden economy?Pre-Roll Information: Join our Facebook Group: Estate Professionals MastermindCheck out ProbateMastery.com for the probate certification course and more content.
As regular listeners will already know, I have been researching and investing in land over the last six months. I was therefore very excited to invite another land expert to the Colin Podcasts Show, as it gave me an opportunity to pick his brain on all the stuff I don´t know yet! Brent Bowers is an investor and coach who has bought and sold millions of dollars worth of land in several US states. His is a former Army Officer with over 8 years of service who has created a very successful land investing business with 100+ owner finance notes. In our wide ranging conversation, Brent & I discuss: His pre real estate career and service in the military How he got started investing in real estate Supporting his family with land investing income streams How land investing differs from single & multifamily Scaling his business to 100+ income streams Description of his team and their roles His future goals and motivations Advice for people that want to learn more And much more! Contact Brent Bowers: https://www.youtube.com/channel/UCX4sxJwiz7ET7AKTXD9SA8A https://www.wholesalinginc.com/land/ https://www.thelandsharks.com/
Estate Professionals Mastermind - More Than A Probate Real Estate Podcast
Live probate training episode #23: Building trust and relationships in real estate with the Probate Mastery course methodology; Owner Finance, private money lending, double closes, and other ways to structure probate deals.Full probate podcast notes and links to additional real estate resources: https://probatemastery.com/how-to-make-more-money-in-real-estate-probate-trainingWatch with video on YouTube: https://youtu.be/BzU7RdAQXGgMUST JOIN! The Estate Professionals Mastermind Group has productivity challenges and probate training, high-energy community support and networking, and is FREE to join. Join NowTime Stamps (YouTube links):0:00 How do you make money your first year in probate real estate?3:24 How can I make my real estate business successful? 5:21 How can I make more money in real estate, even with no-property probate leads?8:02 How do I make my real estate company stand out?9:24 How do you build relationships in real estate and shake commission breath? 13:23 How do you make money in probate real estate when there's no property sale?15:58 Using debt and equity financing to help an heir buy a probate property when refinancing isn't an option: Private Money and Double Closing21:54 Building Real Estate Courses and Community28:01 Probate Mastery Reviews: Rich28:57 Appointments: How to present listing price and offers in real estate presentations31:33 How do you close a listing appointment with a signed listing agreement or a winning offer?32:25 Criteria for List Stacking to find Community Banks and Lenders36:04 Building a Probate Business; How to Hire Real Estate VAs38:42 MyOutDesk Reviews: What is the best Virtual Assistant company for real estate?46:56 Insight from Gary Nash: Creative Finance with Genius Investing AcademyMore Resources For You:Facebook CommunityProbate Mastery Certification CourseChad's New YouTube ChannelMore Recent Content:Group CoachingPre-Roll Information: Join our Facebook Group: Estate Professionals MastermindCheck out ProbateMastery.com for the probate certification course and more content.
With the eviction/foreclosure moratorium being extended until Oct 3rd, how do you handle your Lease Purchase tenant-buyers & your Owner Finance buyers who cannot pay their rent? Need to know the answer to this question? Watch this short video and learn from Lou different strategies on becoming a successful Street Smart Real Estate Investor. For more valuable information click on this link and watch the complete episode: https://youtu.be/pH-ms4TQD_I - “Why Real Estate Is I.D.E.A.L. - “L” = Leverage - Part 5” Take Lou's Course: https://www.udemy.com/course/realtors-and-real-estate-investing/?referralCode=305A2A5DB2A2C4543B7F Lou Brown has been buying, selling and holding property for 40 years and you are about to discover what a lot of so called gurus are missing. * How to buy all the property you want without ever visiting a single bank or needing to qualify for a loan… * How to have a buyer or renter before you even buy property… * How to have them already pay you money before you sold them anything… These are exactly the kinds of deals he does day in and day out. Most ‘investors’ are getting it wrong. It’s not about the property, it’s about the buyer. Buying right and buying cheap is what you’ll do after you have the buyer. Media Sites: YouTube: https://www.youtube.com/user/StreetSmartInvestor Podcast: http://Streetsmart.mypodcastworld.com/ Facebook: https://www.facebook.com/StreetSmartInvestor/ Web Site: https://millionairejumpstart.com/ and https://streetsmartinvestor.com/ Real Estate investors in all fifty states across Canada and fifteen foreign countries including as far away as Australia and New Zealand, have long regarded the training, systems and forms created by Louis Brown as the best in the industry, Quoted as an expert by many publications and authors, “Lou” draws from a wide and varied background as a real estate investor having been buying property since 1976. He’s invested in single-family homes, apartments, hotels, developed subdivisions and built and renovated homes and apartments. Each of these experiences has given him a proving ground for the most cutting edge concepts in real estate today. He’s widely known as a creative financing genius with his deal structuring concepts. Being a teacher at heart he enjoys sharing his discoveries with others. He has served the industry in many volunteer positions such as past President and designated lifetime member of the Georgia Real Estate Investors Association, the world’s largest real estate investor group. He is also founding President of the National Real Estate Investors Association, which serves as the umbrella association of local investor groups.
Ladies I'm so excited to announce that we have opened up some more spots in the Buyers Club. In this club we use the BOR strategy - Buy, Owner Finance, Repeat. I've been heavily involved in this strategy for about 9 months now and love it. So, we're HOLDING A WEBINAR ON TUESDAY JUNE 29 AT 5PM PST/8PM EST, to share the strategy with you, tell you what we've learned over the last 9 months, and answer your questions. Sign up for the webinar at BLISSFULINVESTOR.COM/BORWEBINARCan't wait to see you there!
Hello Private Lender nation and welcome to episode 131 of the Private Lender Podcast, I'm your host, Keith Baker and I'd like to thank you for sharing your time and your ears with me today. Love the show? Subscribe, rate, review, and share! http://privatelenderpodcast.com/blog/how-to-subscribe-rate-our-podcast-5-stars-on-itunes/ (Here's How ») If you're seeking practical tips and advice on how to increase wealth without banks or wallstreet through private mortgage lending, then you are in the right place. But if you want to learn from my mistakes so you can both avoid and profit from them - well then pull up a chair and pour yourself a drink my friend, because this podcast is just for you! In today's episode, we'll go over 3 ways you can start lending with less than $50,000. But before we get to the heart of the matter, first I need to do a little housekeeping. 1 - Have you joined the Private Lender Podcast Facebook group? Well why not? Head over to the show notes for the link or simply search Facebook groups for the Private Lender Podcast. https://www.facebook.com/groups/674936429994760 (Private Lender Podcast Facebook Group) 2 – And most important of all, the Private Lender Academy is launching in just a few weeks and if you would like to get on the list for pre-launch bonuses like discount codes, then head over to PrivateLenderAcademy.com and click on “Apply Now”: provide some background on your investing experience and goals http://privatelenderacademy.com/apply/ (Apply – Private Lender Academy) The Private Lender Academy is slated to launch in mid-July, which is still after July 4th weekend, so I'm not a complete liar. Look, it's a lot more than I thought it would be, but I will bring it across the finish line: come hell or high water. OK, the housekeeping is finished and now it's time to get down to the brass tacks of today's episode: 3 ways to lend with less than $30,000. 1 – REIT - Real Estate Investment Trust: A company that owns, operates, or finances income-producing properties Pay a minimum of 90% of taxable income in the form of shareholder dividends each year · Modeled after mutual funds – most publicly traded on public exchanges – provides liquidity · Do not provide much capital appreciation · Usually target a specific asset class/sector Multi-Family Commercial Mobile Phone Towers Hotels Data Centers Retail Timberland Warehouse Most are equity REITS Some are Mortgage REITS which lend to operators or purchase mortgage-backed securities 2 – Real Estate Fund Think - hard money loans on Single Family Residences: o Fix and Flip o Buy and Hold o Commercial/Multi-Family · You provide capital at an agreed interest rate · ~ 1 year minimum · Quarterly interest payments · ~ 90 notice to receive return of principle http://privatelenderpodcast.com/episodes/plp-043/ (Episode 43) with http://privatelenderpodcast.com/episodes/plp-043/ (Tom Berry) from Investor Loan Source. Great way to see due diligence (loan packages) while someone else does all the work 3 – Lend to Owner Finance investors Provide the purchase capital in the first position Your lien is “wrapped” by a second mortgage from your borrower to the end- buyer 3 – 5 years 8% Mitch Stephen...
Estate Professionals Mastermind - More Than A Probate Real Estate Podcast
Creative Real Estate Investing: Ask The Expert with Chris PrefontaineChad Corbett chats owner finance, sandwich lease options, and subject-to deals with creative finance expert Chris Prefontaine.Full Show Notes and Resources: https://ProbateMastery.com/chris-prefontaine-creative-finance-strategiesWatch on YouTube: https://youtu.be/ldrvMs-_IMcJoin Chad's Facebook MastermindWhat you'll learn about in this episode:How many people see an increase in their deal flow after learning creative financingThe different paydays Chris and his team extract from each dealHow creative financing can help you win the deals your competition is walking away fromWhat to do if your Broker suggests you shouldn't offer creative finance optionsHow Chris and his team have 3x'ed their acquisitions even through COVIDWhat lead lists Chris is targeting and how he is segmenting themHow to take a probate lead and turn it into a free house for yourself through subject-to terms.Why you should offer creative finance options to probate families, and how to present options in an easy-to-understand wayWhy continued learning is crucial for growth and personal development, and the best ROI you could ever findResources:Chad Corbett's interview on the Smart Real Estate Coach Podcast, 4/23/2021: https://smartrealestatecoachpodcast.com/podcasts/chad-corbett/Estate Professionals Mastermind Facebook Group: www.facebook.com/groups/estateprofessionalsmastermindRecommended Reading: Real Estate on Your Terms by Chris Prefontaine:Free webinar: www.smartrealestatecoach.com/webinarFree strategy call: www.smartrealestatecoach.com/actionFree book: www.freesrecbook.comhttps://www.smartrealestatecoach.com/thriving - it's a chapter in the Newly Revised Real Estate On Your Terms, for free Chris Prefontaine's QLS Course: SmartRealEstateCoach.com/QLSShift Happens Session 4: Chad breaks down 7 Different Creative Financing Strategies Estate Professionals Mastermind content is recorded via zoom and can be viewed in video format in the Estate Professionals Mastermind community, YouTube, or in our podcast archive.Looking for Probate Leads and Marketing Automation? https://probatemastery.com/probatesuccessTake Chad Corbett's PrPre-Roll Information: Join our Facebook Group: Estate Professionals MastermindCheck out ProbateMastery.com for the probate certification course and more content.
5 Minute Landlord: Tip & Stories on Owning and Managing Rental Property
We just got 3 Owner Finance Deals.....From Family
Estate Professionals Mastermind - More Than A Probate Real Estate Podcast
Full Show Notes: https://probatemastery.com/probate-mastery-group-training-9Watch with zoom video on YouTube: https://youtu.be/eC9Zxt0Q6zwJoin the Facebook Community, Estate Professionals Mastermind: https://facebook.com/groups/estateprofessionalsmastermindGroup trainings feature live questions and answers from trainer Chad Corbett, guest coaches, and certified probate experts. Participation in live group coaching is free for anyone who has taken Chad's Probate Mastery Certification course. Learn more about the course and enroll: https://ProbateMastery.comTime Stamps (YouTube links):00:00 Introductions0:32 How to Get Into Real Estate Investing As An Attorney1:22 Using Title Checks as a Lead Generation Tool5:05 Skiptracing with LexisNexis6:22 Creating A USP to Match Your Unique Skill Set7:53 Creating Service Packages with Vendors for Added Value Offers10:12 Why Investor and Brokerage Partnership is So Important14:28 What To Do If An Agent is Not Presenting Your Investment Offer17:20 Excluding Your Offer From A Seller's Listing Agreement (and Avoiding Implied Agency)18:10 Transaction Engineering: Owner Finance, Land-Trust, and Novation Agreements.25:55 Why Do Motivated Sellers Object to Owner-Finance?28:46 Signed Listing Agreement BEFORE Letters of Testamentary?31:16 Matching Acquisition Strategy and Market43:47 Getting Over The Fear of Doing Your First Investment Deal48:45 Updates from Rodger LecyThese calls are recorded via zoom and can be viewed in video format in Estate Professionals Mastermind community, YouTube, or in our podcast archive.Looking for Probate Leads and Marketing Automation? https://probatemastery.com/probatesuccessPreview Session 1 of Probate Mastery free! Learn more https://probatemastery.com#realestate #probate #realestateinvestingPre-Roll Information: Join our Facebook Group: Estate Professionals MastermindCheck out ProbateMastery.com for the probate certification course and more content.
Hello everyone! Welcome back to another episode of Pave The Way Podcast! This episode, I interview the legend, Mitch Stephen! We will talk about... What it takes to be financially free. How to do owner financing the CORRECT way. Strategies to accumulate cash: one-time cash, temporary cash, and forever cash - and what that means! To contact Mitch: Visit: www.1000houses.com Check out his YouTube: https://www.youtube.com/channel/UC3fkChxDhvYJyEdof5RhjAw/videos
Hello everyone! Welcome back to another episode of Pave The Way Podcast! This episode, I interview the legend, Mitch Stephen! We will talk about... What it takes to be financially free. How to do owner financing the CORRECT way. Strategies to accumulate cash: one-time cash, temporary cash, and forever cash - and what that means! To contact Mitch: Visit: www.1000houses.com Check out his YouTube: https://www.youtube.com/channel/UC3fkChxDhvYJyEdof5RhjAw/videos
Come learn all the things you need for massive success in our high impact, 1000 degree Crucible of fire and come out after two days as pure TITANIUM. This will be a deep dive into your business and seats are limited to 20 tickets.We will cover specific strategies not limited to the following real estate topics:Wholesaling, Flipping, Rental Properties, Subject to, Seller Finance, Owner Finance, Marketing, Contracts, Systems, Processes, Hiring, Business structure and tools.It will not be easy, but it will be worth it. If you aren’t ready to go to work and show up for your business every day, this is not for you. If you are ready to learn multiple facets of the industry, and to level up in a no holds barred environment, you have found your home. We have a no BS approach and have structured this so that you will have no excuses to not succeed. This isn’t just about systems and processes, it isn’t just about when to do what and how to do it. This is about everything that we have learned over the course of hundreds of properties, multiple failures and millions of dollars both earned and spent in our business. This is about everything we couldn’t find. This is about everything we wanted to provide to the industry that changed the trajectory of our future. This is about building a fleet of successful entrepreneurs to pay homage to that. This is about changing your life. To register now visit our website at https://www.eventcreate.com/e/titaniumbootcampIf you’re just starting out and you want to market directly to sellers, I highly recommend using BatchLeads. We currently use them in our business to pull lists, stack lists, get phone numbers, text, and find property values. It is an amazing service that will help you get deals on any budget!Promo Code: TITANIUM for half off your first month: https://batchleads.io/For a 7 Day FREE trial of Batch Dialer go to: https://batchdialer.com/titanium14 Day Trial and 50 FREE skip traces on the best D4D App in Real Estate Investing: https://goknock.com/TITANIUMFor the best Skip Tracing in the industry go to https://titaniumtrace.com/homeFor more video content from Titanium Investments subscribe at http://www.youtube.com/c/RJBatesIIISupport the show (https://www.patreon.com/rjbatesiii)
Real Estate Remix. We secured a down payment and monthly income all while not worrying about managing a property. We did this utilizing a method of Owner Finance. We call this the real estate remix where we get to BE THE BANK. Its been around for a long time but its a gem we discovered that fits the "I don't do toilets" mantra. Real estate is a consistent go-to for building wealth but most think in terms of realtor or landlord tenant relationship. We discuss this method as well as our "aha" moment that wealth is not in your personal home. We will define what an asset is as well as what is a liability. These definitions should define how you spend your money.
Listen to our podcast on the GO!
Vincent covers 401ks and How To Leverage Them To Profit On Owner Finance Deals. He does a deep dive into how to turn what would have been no deal into a deal and explains the differences in fully vested versus not fully vested.
LOVE REO ONLINE AUCTION ACADEMY AND WANT TO LEARN MORE REAL ESTATE INVESTING STRATEGIES? HERE ARE SOME NEXT STEPS... 1. SUBSCRIBE: https://www.youtube.com/channel/UCKYA4UZc2Pp0yqAxxKIubUQ 2. GROUP COACHING: https://www.fliprealestatevirtually.com/ 3. SOME GOOD CONTENT: New to REO Auctions? Check out our free education webinar on how we bought houses in 44 states! You'll find great resources on how to buy more houses locally or out of state. https://www.reoauctionacademy.com/ 4. FOLLOW ME ON MY ADVENTURES: Flipping Out Podcast https://thevirtualinvestor.co/podcasts/ 5. MY PROPERTIES FOR SALE: http://www.housedealsamerica.com/house-deals.html
This episode was recorded as part of our Lunch Time Live! series. On these Lunch Time Lives (LTLs) Shawn goes live in the Virginia Wholesale Real Estate Group to talk about different wholesaling topics, answer questions, and give advice. If you're interested in joining in on these LTLs, or you want to get them early, join Virginia Wholesale Real Estate on Facebook. You've finally gotten a seller to agree to sell you their home via Owner Finance or take over payments, a la Subject-To. But now what? How do you re-wrap these deals and find buyers so YOU don't have to play landlord? Listen today to find out! Shawn Bowen has been a real estate investor since 2010. Right now he mostly does wholesaling, but he's also worked on new construction, rehabs, lending, buy and holds, rentals, and creative financing. Email us at: info@wholesalingoutofthebox.com For more information and to ask questions, find us on: Website / Facebook / Facebook Group / Youtube / Instagram --- Send in a voice message: https://anchor.fm/wholesalingoutofthebox/message
Easier than fixing and flipping. Up to 10 times the cash flow of a standard rental property. The BOR method is the new go-to real estate investing strategy. BOR stands for “Buy”, "Owner-Finance”, “Repeat”. The secret is to buy a house for under $20k that might need a little work, but seller-finance it to someone locally as-is. As part of an exclusive buying program with the major auction houses, we are finding and buying houses for around $10-$15k all across the country every week. We can find more than we can buy, so we decided to share this opportunity with a select group of investors. Let me make a small fee and I can connect you opportunities that will bring a 30-50% annualized return on investment. These properties will be shown only to members of the Flipping America Buyers Club. Read on and see how your membership could be FREE. My mentor for this business model is Eric Tomasi and he will be joining us on the call. He has been doing this for 14 years and has bought more than 11,000 houses. He and I will talk about the business model, how it works, and how you can get involved. You could be cash-flowing in a couple of weeks! How to contact us www.RogerBlankenship.com. Leave a voicemail right from the home page! Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica Call our National Comment Line: 877-55-ROGER (76437) ext 1. Leave your message or your question. Email your questions to questions@rogerblankenship.com. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind. Sponsors American IRA: www.americanIRA.com FlipStarter Online! www.flipstarteronline.com Announcements: The Flipping America REIA meets every Wednesday from noon to 2 and Thursday from 7-9. You can join the REIA and learn real estate investing from the comfort of your own home, or get together with a few friends and form a chapter in your area. Learn more at flippingamericareia.com. Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think. FlipCalcs allows you to enter one data set about a property and consider up to six deal possibilities . “Real Estate Investing Quick Start” Fifteen lessons to start your real estate investing career. Study from the comfort of your own home. I give you 8 action assignments in lesson 1 and show you how to complete them while holding your feet to the fire over the next 15 lessons. bit.ly/requickstart. News: Here’s a look at eviction statuses across the country: https://www.nreionline.com/multifamily/current-status-eviction-bans-state?fbclid=IwAR3Pl7fjfWzgXm_qUQ4wilhNTzmWybmqIR8DegcKQP-w0cPBa0CYefxYkrs Topic: Exploding Cash Flow with Eric Tomasi Questions: Swanson, Springfield, OH, “I love my job, but I want real estate. I know I can buy rentals, but I want to do it right when I do. Can you help? What other options are out there for me? I have about $60,000 to invest.” Justin, New Orleans, LA I am looking for an unlisted property, where I know the square footage and the number of bedrooms and baths. Is there a way to search all homes in a city? If you are looking for information on a particular property the best place to start is to just google the address. This will almost always bring up a page of results that includes zillow, truila, realtor.com and sometimes redfin.com. I tend to look at all 4 but start with Zillow. Ignore for the most part the Zestimate, but this page can give you all kinds of useful information about the property. Zillow has a way of looking at similar properties that have sold in the area, which can be a rudimentary way of running some comps. When you are ready to pay, check Privy software bit.ly/getprivyprogram to see if they are in your area. If they are, it is well worth the investment to get and learn to use this software. You can also go to flippingamericacomps.com and sign up for a free trial of a software package the pretty much covers the entire United States. Again, the price is well worth it and my team and I use both. Even though we have these, if all we want is basic info about the property we will google it and check zillow. Motivational Thoughts for the day “The secret of getting ahead is getting started.” – Mark Twain. Tags: real estate, real estate investing, real estate investments, real estate education, income properties, rentals, Flipping America, Roger Blankenship, cash flow, seller financing, BOR
In this episode we talk to one of our good friends and fellow creative finance ninja's Pace Morby. Pace does a lot of things in the real estate space but he's most known for focusing on creative financing deals, especially subject to deals. He discussed some of the tricks of the trade in mastering subject to transactions and what you should watch out for. Pace then discussed some of his toughest deals and how he was able to close them. If you enjoyed this podcast, don't forget to comment, like and subscribe to our show. You can follow Pace at https://www.instagram.com/Pacemorby. You can connect with Jorie at https://www.instagram.com/theaulstongroup/ and Kevin at https://www.instagram.com/kjimeno/. You can also follow the show for all the latest shows and updates at https://www.instagram.com/shutupandinvest/, on twitter at http://twitter.com//shutupinvest.com and visit our website at http://wwww.shutupandinvest.com
Easier than fixing and flipping. Up to 10 times the cash flow of a standard rental property. The BOR method is the new go-to real estate investing strategy. BOR stands for “Buy”, "Owner-Finance”, “Repeat”. The secret is to buy a house for under $20k that might need a little work, but seller-finance it to someone locally as-is. As part of an exclusive buying program with the major auction houses, we are finding and buying houses for around $10-$15k all across the country every week. We can find more than we can buy, so we decided to share this opportunity with a select group of investors. Let me make a small fee and I can connect you opportunities that will bring a 30-50% annualized return on investment. These properties will be shown only to members of the Flipping America Buyers Club. Read on and see how your membership could be FREE.
Investor Fuel Real Estate Investing Mastermind - Audio Version
Hey, welcome back to the show! I’m here with my good buddy, Brandon Smith, and today, we are going to talk about cash flow. Brandon has been big on cash flow for a long time and what his model is turning his rentals into owner finance. He’s trying to owner finance more and more because, at the end of the day, you can only go so far with wholesaling and rehabbing. If you want to get paid forever, you have to do more of what we are going to talk about today. Let’s get started! To learn more about Investor Fuel, please visit InvestorFuel.com!
This episode was recorded as part of our Lunch Time Live! series. On these Lunch Time Lives (LTLs) Shawn goes live in the Virginia Wholesale Real Estate Group to talk about different wholesaling topics, answer questions, and give advice. If you're interested in joining in on these LTLs, or you want to get them early, join Virginia Wholesale Real Estate on Facebook. Today Shawn's going over Owner Finance offers: what is owner finance, how to structure the offer, and what to look out for. Being able to structure owner finance deals is an awesome tool at your disposal. They're great for rehabs because you don't have to secure as much funding, or you can add them to your portfolio to bring in some passive income and get one step closer to your freedom number. Shawn Bowen has been a real estate investor since 2010. Right now he mostly does wholesaling, but he's also worked on new construction, rehabs, lending, buy and holds, rentals, and creative financing. Email us at: info@wholesalingoutofthebox.com For more information and to ask questions, find us on: Website / Facebook / Facebook Group / Youtube / Instagram --- Send in a voice message: https://anchor.fm/wholesalingoutofthebox/message
JOIN NOW: Probate Mastermind And Networking Community: https://www.facebook.com/groups/alltheleadsmastermindPROBATE LEADS: https://alltheleads.com/probate-leadsPROBATE MASTERY COURSE: www.ProbateMastery.comFULL EPISODE SUMMARY AND RESOURCE LIST ON ALLTHELEADS.COMHear how Rosie went from Probate Rookie to MVP in less than a month as she closes 3 deals and turns her sellers into private lenders to build out their retirement savings; Chad and Travis role play scripts for winning business through spouses and relatives who answer the phone instead of the personal representative; special discussions on building and segmenting cash buyers lists to get properties sold in hours, without the MLS.Call Re-Cap (Time Stamps link to YouTube)Marketing To Your Sphere of Influence (3:00)Branding vs. Marketing: Facebook Ads for Real Estate (7:30)The Ultimate Sphere of Influence Campaign Right Now (11:15)What To Do When A Family Member WANTS to Keep but CAN’T Buy The Property (14:35)Navigating Unresponsive Attorney Situations (22:24)How To Get a Relative/Secondary Contact Interested In YOUR Help [ROLE PLAY] (27:24)Using Probate Plus+ To Find Short Sale Opportunities (34:05)Common Law Marriage, No Will. What Happens? (42:48)Diversifying Your Cash Buyers List (48:15)Segmenting Cash Buyer Lists: Using Probate Plus+ For Prospecting Investors (51:17)Joe and Chad discuss how Probate Plus+ can be used as a tool to send investor partners a list to “window shop” each month, so you can target your lead list much more efficiently.Tax Liability and Estates (56:19)Estate Advance Funding (57:32)Lease-Option vs. Contract For Deed (59:12)Get Paid To Represent Your Seller and Bring Your Investor To The Table (1:01:35)Full Mastermind Playlist on YouTubeJoin the Probate Mastermind Group on FacebookCHAD CORBETT'S PROBATE REAL ESTATE CERTIFICATION COURSE: www.ProbateMastery.comSupport the show (http://www.facebook.com/groups/alltheleadsmastermind)
Mitch has bought a house every 4 or 5 days for about 25 years. And when he “sells” or “flips” these houses, he offers seller financing to his buyers.This is important… because instead of getting $10,000 to $20,000 per deal, he ends up bringing in a “down payment” of about that same amount PLUS the value of the notes, all without much additional work.Mitch is breaking down this strategy in detail on today’s episode… listen in now!Links and ResourcesWant to learn more about Mitch’s owner finance strategy? Head over to his website and check out his comprehensive training and other resources!- CLICK HERE: 1000Houses.comMy introduction to Mitch came years ago when I was first getting started in real estate investing… and it came when I read his book. Mitch has written multiple books sharing his insights and strategies. And you’ll find them all on his website here…- CLICK HERE: 1000Houses.com/BooksI'm going to give you an exact blueprint to follow to raise hundreds of thousands of dollars in private funding for your real estate business over the next 30 days. I asked myself, "If I could go back 5 years and teach myself everything I wish I had known about private funding back when I was first getting started, how would I do it? That's where the 30 Days to $500k Challenge came from... learn more at the link below!- CLICK HERE: 500kChallenge.comOn July 10-11, I'm holding a "virtual" event for house flippers an wholesalers where I'll be be hanging out with some of the nation's top real estate investors LIVE on Zoom. Think of it as a "mini Flip Hacking LIVE." The best part? This event will be FREE for anyone to attend. Spots are LIMITED, though... so sign up below!- CLICK HERE: 7FigureFlipping.com/AccelerateFollow the 7-Day Flip series on YouTube! Can Tyler Jensen and his team flip 4 houses in 7 days? (Start to finish, full renovations.) Time will tell... We'll be releasing a new episode every week till the end. Subscribe to the 7 Figure Flipping YouTube channel to get future episodes as they're released!- CLICK HERE: Subscribe on YouTube!Flip Hacking LIVE tickets for October 2020 are available now… and seats are filling up fast. If you want to learn the exact systems and strategies the nation’s top house flippers and wholesalers are using to flip 100s of houses per year, reserve your spot now. Sign up below!- CLICK HERE: FlipHackingLIVE.com====================Want to continue your house flipping / wholesaling journey? Here are a few more resources to check out...Subscribe: Join the 7 Figure Flipping email list to get the latest house flipping and wholesaling secrets, plus insider access to real estate investing tips, training, and more! Click Here: https://7figureflipping.com/subscribe7 Figure Flipping Podcast: Subscribe and get more episodes like this one delivered to you every week! Click Here: https://7figureflipping.com/listenFacebook Group: We've built a community of serious investors who are learning and growing their businesses together. Join the Group on Facebook: https://www.facebook.com/groups/fliphacking/7FigureFlipping.com: Learn more about who we are, our mentoring groups, upcoming events, and the causes we support at our website. Plus, grab some free downloads and other materials to help you on your real estate investing journey! Click Here: https://7figureflipping.com/ See acast.com/privacy for privacy and opt-out information.
PROBATE PLUS+ IS LAUNCHED! Our latest data augmentation finds EVERY property owned by the deceased (whether in trust, under a business entity, etc), provides deed and lien information, valuations, information on equity, and more! Mastermind #286 (recorded today) will be published tomorrow so you can hear beta testers provide their feedback. LEARN MORE NOW: https://alltheleads.com/probateplusJOIN NOW: Probate Mastermind And Networking Community: https://www.facebook.com/groups/alltheleadsmastermindPROBATE LEADS: https://alltheleads.com/probate-leadsPROBATE MASTERY COURSE: www.ProbateMastery.comGet the full call recap with clickable timestamps, additional resources, and audio download.Full Mastermind Playlist on YouTubeCALL TOPICS (Timestamps Link To YouTube)How To Follow-Up With Prospects With Premium Mailers (1:55) How To Use A Virtual Assistant/ISA Caller To Optimize Your Real Estate Prospecting (4:30)Deed in Trust? Lease Option? How, When, and Where to Mitigate Risks. (5:41) Optimizing Mail Campaigns With PROBATE PLUS+ Leads (9:40)Renee Shares How She’s Adjusted Her Probate Cold Calling Script (15:35)How Covid Is Changing Court Data Recording/Access (17:46/22:16)Chad’s Elevator Pitch for Meeting With The Probate Court Clerks (19:47)DOUBLE DIP ALERT!! Maria’s Listing Is Now Under Contract!! (23:12)Can Michael Get A Higher ROI Approaching Deals Subject-To with Higher Offers Than His Competition? (26:00) How To Get A Take-Out Loan To Finance A Deal (30:55)Rolling Subject-To’s Into Land Trusts (32:15)How To Get Referrals From Real Estate Attorneys (35:35)How to Follow Up On A Phone Appointment Your ISA Set. (40:17)Realtor vs. Investor and How To Find Strong Partners. (43:01)Support the show (http://www.facebook.com/groups/alltheleadsmastermind)
This episode is about structuring a deal on properties that Sellers are asking close to fair market value. These are the kind of leads every wholesaler or Flipper out there passes on because there is not a big enough margin in it. But there is another exit strategy that works very well for this scenario and that is wholesaling it to an Owner Occupant or selling on Owner Finance. You can collect a wholesale fee up front or stay in the middle for a number of years for cash flow with a big payday on the back end when your Owner Occupant buys the property. Learn how to do this and you'll never have a shortage of leads or deals. Enjoy! And to get special access to a step by step video on how to structure creative financing offers, text CFP to our hotline at 877-409-8090 or click HERE.
These episodes are recorded live every Thursday at 1pm EST.Make sure you join the All The Leads Mastermind Group on Facebook! It’s a great way to stay up to date with new information, network with others for referrals and advice, and stay motivated! Updates on any new training events or any call rescheduling are also posted in real time to our Mastermind Group.More information on probate leads and marketingTODAY'S TOPICS (YouTube Timestamps. Please Use the Chapter Features to navigate within the podcast)Bill Janiga Describes What Deals Are Closing NOW (0:38)Crafting a Value-Proposition for Attorneys (7:38)Creating Custom Audiences to Market on Social Media (11:18)Transaction Engineering: How Can We Sell Two Lots and A House? (17:10)How to Deal With A Difficult Heir (22:40)Testimonials That Win Seller Prospects AND Attorney Interest (31:30)My Leads Are Still Waiting for Letters of Testamentary. Next Move? (38:34)Done is Better Than Perfect (47:26)Same Probate, Different Case Numbers? (50:23) Facebook Strategy: Brand Awareness, Credibility, Conversions (54:10)Take Chad Corbett's Certified Probate Expert course: Probate MasteryGet probate leads and marketingSupport the show (http://www.facebook.com/groups/alltheleadsmastermind)
Knowing more about real estate and its intricate details may seem hard, but it can be easier when two professionals explain it to you. Real estate investor Brad Smotherman recounts his humble beginnings and his light bulb moments on his path to success in the real estate industry. In this episode, host Mitch Stephen compares notes with Brad to see the differences between their owner finance strategies. They also dive into their successful and bad deals, emphasizing the need for having the right mindset and attitude as an entrepreneur in the financing world. Listen to Mitch and Brad as they share their insights and fill you with more real estate knowledge.Love the show? Subscribe, rate, review, and share!Here’s How »Join the Real Estate Investor Summit Community:reinvestorsummit.comReal Estate Investor Summit FacebookReal Estate Investor Summit TwitterReal Estate Investor Summit YouTubeMitch Stephen LinkedIn
CarrotCast | Freedom, Flexibility, Finance & Impact for Real Estate Investors
As they say, if you don't adapt you die... and many real estate investors aren't adapting to the market changes. One of the ways many investors are changing their strategy is to selling properties with owner finance to build big passive income streams and gain an advantage. Mitch Stephen has bought and sold over 1,500 homes in Texas alone and we talk about how he does his Owner Finance strategy and how he couples that with private money to gain a huge edge and serve his clients the best.
REI Brothers - Financial Freedom through Multifamily Investing
Join Oscar and German Buendia (The Millionaire Enlisted Podcast) with Jonathan Rexford as they talk about owner financing and creatively purchasing real estate. Here’s a breakdown of what to expect in this episode:
In today's interview, you'll hear from a young investor who started in real estate investing about 2 years ago and has been charging at this newfound venture, horns down and not stopping. He's dabbled in many different niches but is primarily a cash flow investor whose been churning out mobile homes for a tenant-free passive income every month. REI is only day job right now and you'll discover some of the ways that he's finding deals, how he got started, and tips for any new investors (and for experienced investors when they need to get their mind-set right). Even if mobile homes aren't the niche that you see yourself gravitating toward, Omar's story can give you a lot of good general information as well. Listen to the episode to hear how Omar got started, what his good deals and his bad deals look like, and what his advice is for new investors. Topics Discussed in This Episode: Omar's Secrets to quick Success - Find out what you might be missing and how to fix itHow to buy houses with very little money – even as a brand-new investorFree leads from referrals - How to be a referral-magnet and create long-lasting relationshipsHow Omar bought his own house he lives in by only making payments to the seller – called Owner Finance and how to do it What Omar's best deal was likeAn example of a bad deal that Omar has dealt withHow to find mobile home deals What Omar's day-to-day is likeHow to solve the “Money “problems” that many new investors have. How Omar chooses neighborhoodsOmar's tips for brand new investorsOmar's metrics for whether a deal works for him or notWhat Omar's ROI looks like per yearAnd much more… Quotes From the Show “I was just ready for a change. I just not want to be the same person that I used to be anymore.” “Attending the real estate meetings, but also believing in myself. I think I've always believed in myself.” “I'm not really actively looking for mobile homes now. What I really want to look for are regular houses now.”
Who buys our houses with owner financing? What down payment is reasonable? How do we feel about the market right now? Brad goes over all these issues in this episode. Enjoy!
We've already discussed why you should use a note servicing company in Episode 55. but today I thought I would shed some light on the things you should consider when you are in the process of selecting one to be added to your team of professionals. Reasons to use a note servicing company Reason #1: they make life easier for the lender, because they handle the tedious stuff like sending late notices Reason #2: Collect and keep track of all the payments Reason #3: they deposit the money into your account and give you a monthly statement Reason #4: (And the very best of all) Remember, I am lazy by nature, and don't want to spend a lot of time tracking the loans I make or chasing borrowers. They have people who will do it for you and the borrower pays the fees! You pass along the cost to your borrower. They pay for you not to be inconvenienced by your own investment. Sounds good to me – I really like it that idea! "Note all companies are not the same" ? Nobody is going to call me out onto the carpet for that one? That has to be the worst subtitle I've ever created for any episode. Well, I'll give you that it is the most dad-like joke I've crafted (I hope)! Things to consider when selecting a note servicing company 1 -Do they service your type of loan? Installment sale: Owner Finance notes/Wraps Mobile Home/Manufactured Housing loans? Multi-Investor Loans (aka Fractionated Loans) 2 - Do they provide additional services that your loan instrument may require? Impound/Escrow services for repair draw payments (not just taxes and insurance) Do they report to any credit bureaus? 3 - What is included with the standard or basic servicing fee? Welcome Letter to Borrower Payment coupons / online payments accepted? How often are payments processed? How long is the clearing period before disbursement of my funds? How are funds transferred? How far into the late notice period before additional fees will be charged? How are payments applied towards an account? Interest first, then additional principle, or any extra to be kept in escrow account? Reporting mortgage interest to the IRS (1098, etc.) 4 - BONUS - Here's a million dollar idea for you: Establish a relationship with your serving company and let them know you want to buy partials to first-lien notes, and/or discounted notes (perhaps non-performing). If they have a customer or associate Also, let them know you want to sell notes and partials to re-capitalize your funds more quickly. You may be able to use the servicing company to help you find not just prospects but real leads, and also sell to their customers or associates. Basically, what I'm saying is do a little legwork and networking. Make an effort to establish relationships and watch the leads come in. Social Links: https://www.facebook.com/PrivateLenderPodcast/ (Facebook) – Private Lending Podcast https://www.instagram.com/privatelenderpodcast/ (Instagram) – Private Lending Podcast https://twitter.com/PrivLendPodcast (Twitter) – Private Lending Podcast https://www.linkedin.com/in/keith-baker-344944155/ (LinkedIn) – Private Lending Podcast https://podcasts.apple.com/us/podcast/the-private-lender-podcast/id1329204836 (iTunes) – Private Lending Podcast https://podcasts.google.com/?feed=aHR0cDovL3ByaXZhdGVsZW5kZXJwb2RjYXN0LmNvbS9mZWVkL3BvZGNhc3Q%3D (Google Podcast) – Private Lending Podcast
Ben Fredricks shares his journey about how a Craigslist ad changed his life. His future business partner, Odell Barnes, called him and told him this call will be the best one you ever receive in your life. From there, Ben made himself a resource for Odell and found his true calling. In the past two years, they have bought and sold over 400 hundred properties across the country. In this interview, we discuss their journey, the importance of mindset and personal growth. Later in the interview we also discuss Ben's new venture, The Noteworthy Conference. Ben was kind enough to give all of our listeners a promo code at www.notetools.com/titanium Promo Code: NOTEWORTHY250
Mich Stephen has been in the real estate game since 1996 with over 1500 deals under his belt. He specializes in strategies regarding owner financing where he buys houses with other people's money. He's the author of My Life & 1,000 Houses: Failing Forward To Financial Freedom where he tells his origin story, his struggles and failures, and how he eventually came out on top in the end. He also offers classes to help them get to the same level he's at or better, having experienced going out on his own the first time and having his butt kicked. Today, Mich tells us all about his different strategies on raising private money and finding deals, the many technologies that helped him propel his business to new heights, and his genius tips for those who want to get started in real estate. “I'm a guy that tried everything else and failed and the last thing left was real estate investing.” – Mich Stephen On Today's Episode of Flip Talk: Why he didn't like being a landlord eventually settled into owner financing. What's his exit after the “five years interest only” deal? Why do private lenders hate getting their money back. The kind of marketing and strategy he uses to find deals. How he financed his business in the beginning and how he does it now. Why he challenges his students to get 50 "No's" in a row. Mich's Tips for Getting into Real Estate Investing: Hire someone to teach you the ropes or you might fail and miss out on a great career. Transparency is important when it comes to raising private money. Resources Mentioned: LiveComm Reach Out to Mich Stephen: 1000 Houses Real Estate Investor Summit Podcast Rate, Review, Learn, and Share Join us every Wednesday for a brand-new episode of the Flip Talk podcast. Flip Talk is your show to learn all about the ins, outs, and in-betweens on real estate investing and house flipping. Email your questions to Topics [at] FlipTalk [dot] com. Subscribe to the show and share your thoughts by leaving us a review on iTunes, Facebook, or visit our website.
Chris Prefontaine is a best-selling author and real estate investor that primarily focuses on buying real estate on terms. Having developed a great proficiency in buying and selling as a gum salesman during middle school, Chris is now an expert real estate investor and has done over $80 million in real estate transactions. He shares how new investors can become full-time real estate entrepreneurs and how to buy and sell on terms. Born with an entrepreneurial spirit, teenager Chris was filling a wagon with junk from his closet to sell and buying packs of gum so he could sell the pieces individually. In adulthood, he decided to apply his sales skills to buying and selling over 100 homes before even starting a brokerage. As an owner, Chris and his team were selling 100 homes annually. Following the 2008 financial crisis, he reinvented the business to avoid resorting to money and credit as the only means of investing in real estate. In 2014, he founded Smart Real Estate Coach to mentor investors on how to scale and automate their businesses without using cash or credit. Today, Chris and his associates control an estimated $25 million of real estate with little to no money down. To receive your copy of Chris's best selling book, Real Estate on Your Terms please visit http://www.freesrecbook.com
Bruce Mack and RJ Bates III discuss creative funding solutions, how to properly utilize trusts, tax mitigation and corporate credit for real estate investors. Bruce is the owner and founder of Platinum Financing Group that offers funding options and has an extensive asset protection program. With his impressive credentials and decades of experience helping thousands of clients, Bruce has honed unique skill sets and the ideal perspective to help entrepreneurs to achieve their goals. To connect with Bruce you can visit http://www.platinumfinancinggroup.comTo get more content from RJ Bates III and the entire team at Titanium Investments join our Facebook Group: https://www.facebook.com/groups/titan...
Toby Mathis is an attorney and founding partner at Anderson Law Group. Toby is also a successful real estate investor who owns well over 100 units creating passive income for himself and his family. As an attorney, Toby focuses on asset protection and how to pay less taxes using the loopholes within our tax code. In this interview, Toby and RJ go into how the rich avoid paying their taxes, what are some common loopholes for smaller businesses and how can a growing business sustain the needed cash flow while utilizing these tax loopholes. To find out more about Toby Mathis visit http://www.andersonadvisors.comTo get more content from RJ Bates III and the entire team at Titanium Investments join our Facebook Group: https://www.facebook.com/groups/titaniumvault
Knowing more about real estate and its complex details may seem hard, but it can be easier when two professionals explain it to you. Real estate investor Brad Smotherman recounts his humble beginnings, his light bulb moments, and how he succeeded in the real estate industry. In this episode, host Mitch Stephen compares notes with Brad to see the differences between their owner finance strategies. They also get into their successful and bad deals, emphasizing the need for having the right mindset and attitude as an entrepreneur in the financing world.
Ryan Wright is the CEO of DoHardMoney.com. Almost 19 years ago, Ryan started his investing career in real estate. He soon found out how difficult it was to find funding for these types of transactions, much less from reputable and reliable sources. Having come from a family with a real estate investing background, he sought out to create an easier way to fund investment properties as a hard money lender.In this interview with RJ Bates III, he goes into how newer real estate investors can be successful flipping houses. RJ and Ryan go into detail about the benefits of using hard money loans and how they can be a source of verification for value, rehab expenses and deal location. To learn more about Ryan Wright and his company DoHardMoney.com check out the free book he has provided to our listeners for this episode at https://www.dohardmoney.com/the-titanium-vault/?
Terry White, President & CEO of Sunwest Trust, has been working in the realestate & investment world for 35+ years, and he’s got the expertise to prove it.After graduating with a degree in Accounting and working as a controller fora local title company, Terry launched a small escrow company, which quicklygained a reputation for being honest, hardworking and fair. In 2003, Terry tookhis success a step further and formed Sunwest Trust, Inc. Headquartered inAlbuquerque, New Mexico, Sunwest Trust, Inc. was founded on the principleof offering clients real-world solutions to all of their self-directed IRA andescrow management needs. Today, Sunwest Trust, together with SunwestEscrow, serves its clients as both escrow agent and IRA custodian for IndividualRetirement Accounts.Terry has led Sunwest Trust with one goal: to provide outstanding service toeach and every client by listening to them and learning exactly what they want.His passion lies in educating investors to build their own self-directed IRA’s,customized to fit their needs and financial goals.When he’s not in the office, Terry enjoys fly fishing, biking, traveling with his wife,and spending time in Colorado.
Homeowner's insurance policies are routinely structured improperly on owner finance and subject-to sandwiches leaving the investor at risk of a claim not being paid. In this episode, Vincent shows you how to CORRECTLY structure homeowner's insurance on an owner finance or subject-to sandwich deal
Brad here. In this episode, we go over 10 owner finance questions from my friend Luke, as well as how we bought a triplex that throws off $1800 in rental income...with 0% owner financing. And remember, if I can help you with your business, email me at Brad@BradSmotherman.com Brad.
Want to learn more about Us or our Business? You can read about Our Journey to Financial Independence by Securing our Self Published book on Amazon called One Rental at a Time – (note 50+ 5 Star Reviews and Counting) Link Here https://goo.gl/33o96P Want to learn how you can follow our footsteps to financial independence by repeating those critical first steps when we knew nothing, no one and we had never been to the market we chose to invest in? We created an Online Course Documenting exactly how we got started 15 Years ago with 7+ hours of Content. The Course was developed to show you the path we followed to Financial Independence so you don’t have to create your own path, check it out. Link Here https://goo.gl/Fdjnzc
Grant, Teach Me Something - Deal Analysis: Backing into the Deal - Rentals vs Owner Finance
Grant Kemp is a real estate investor based out of Dallas, Texas that is also the host of "Grant Teach Me Something" on Propelio TV. Grant specializes in creative financing solutions with real estate transactions including seller financing, subject to's among others. We dive into why he believes owner financing is the purest form of passive income and better than rental properties. Later in the episode, we discuss a Texas bill that is trying to be passed to limit the ability to wrap a mortgage. Please visit http://www.texas100.org to help eliminate this bill and allow investors to continue to wrap mortgages!
Jewels is joined by Zack Beach who started investing in Real Estate at the age of 25. By the time he was 28, he had closed over one hundred deals. You think Real Estate is Hard? You think you need to have extra money on hand or good credit! Think Again!!! Zack has been taught the business by Smart Real Estate Coach and bought his own house without cash. You want a way to build your wealth without any money? Then stay tuned. This is the Secret to landing in Real Estate with no money! http://loaradionetwork.com/jewels
In November of 2013, Brandon was notified that his corporate job position was being eliminated and his options included relocating within the US or taking a demotion to stay in his hometown and face a 2-hour one-way commute to and from work daily and he needed to decide by May of 2014. During that time, he met Mitch Stephen who expressed with empathy that there could be another option if he was willing to be a good student and put in lots and lots of effort!!! Brandon chose his option and became a student of Mitch’s while taking on a part-time job to help ease the transition. 2014 was a tough year, but Brandon and his family made it through successfully by doing just 3 deals and now, a short 3 years later, Brandon has carved out his own little niche in real estate and coupled it with Mitch’s Owner Finance model and is averaging 40-50 property acquisitions per year and has an annual income of 4 times that of his previous corporate job and a net worth of close to 1 million dollars! He is forever grateful, that God put Mitch in his life and doesn’t know where he would be today otherwise! What you’ll learn about in this episode: Brandon shares the details of a major real estate win he closed on, and how he found monster profits in an unlikely place Where the property is located, and how he found it by reaching out to the tax-delinquent owner How much he spent all-in on the property, and how he marketed to sell the property What Brandon’s total profit on the deal was, and how he structured the note Resources: Special Report IRA vs 401k REInvestorSummit.com/FreedomFirst REInvestorSummit.com/Consult REInvestorSummit.com/GetStarted
This is episode #432, and my guest today is Mitch Stephen. Mitch is one of the nation's leading experts on the Owner Finance model, but today, we're talking mainly about the importance of private money to you as a real estate investor. There are lots of different ways to finance deals, but private money is generally the most patient, one of the lowest costs for your business, and as scalable as you need it to be. We not only discuss the pros and cons of private money, but share some thoughts on how you can get started raising money yourself. Please help me welcome Mitch Stephen to the show. To learn more about our Investor Fuel Real Estate Mastermind, please visit InvestorFuel.com.
This is episode #432, and my guest today is Mitch Stephen. Mitch is one of the nation's leading experts on the Owner Finance model, but today, we're talking mainly about the importance of private money to you as a real estate investor. There are lots of different ways to finance deals, but private money is generally the most patient, one of the lowest costs for your business, and as scalable as you need it to be. We not only discuss the pros and cons of private money, but share some thoughts on how you can get started raising money yourself. Please help me welcome Mitch Stephen to the show. To learn more about our Investor Fuel Real Estate Mastermind, please visit InvestorFuel.com.
This is episode #429, and my guest today is Nick Legamaro. Nick is a seasoned investor in the Dallas Fort-Worth market, and an expert at the Owner Finance model. Many of us get into real estate investing to build long term wealth, usually through rental properties. However, owning rental properties can also be a pain. The seller finance model serves a big need in the marketplace, and is perhaps one of the best wealth building strategies for single family home real estate investors, especially in affordable housing markets. Ready to learn about the Seller Finance model? Please help me welcome Nick Legamaro to the show. To learn more about our Investor Fuel Real Estate Mastermind, please visit InvestorFuel.com.
This is episode #429, and my guest today is Nick Legamaro. Nick is a seasoned investor in the Dallas Fort-Worth market, and an expert at the Owner Finance model. Many of us get into real estate investing to build long term wealth, usually through rental properties. However, owning rental properties can also be a pain. The seller finance model serves a big need in the marketplace, and is perhaps one of the best wealth building strategies for single family home real estate investors, especially in affordable housing markets. Ready to learn about the Seller Finance model? Please help me welcome Nick Legamaro to the show. To learn more about our Investor Fuel Real Estate Mastermind, please visit InvestorFuel.com.
Hear why these guys proudly and boldly state, stop flipping houses! We talk why they don't flip as much, but instead, they built a business around owner finance and selling notes at FACE value! We learn exactly what owner finance and notes even mean and how they market, structure and finance the deals. Collin explains the "Apple Pie Theory" and how they make a partnership work.
Bob owns and manages over 1000+ units, loves creative finance and consistently receives double-digit returns in Ohio and Kentucky! Go to www.investorweekend.com Do you have a subject matter you would like covered? Share it go to this link ask.savvylandlord.me or go to www.savvyradioshow.com and leave a voicemail.
Erik Saengerhausen and Collin Corrington are real estate investors based out of San Antonio, Texas that specialize in creating real estate notes. Their core business focus is to purchase real estate, rehab the property and then sell it via owner finance terms. They will then either keep the note as part of their retirement plan or sell the note at full value. They usually do this over 100 times per year! They are very passionate about this strategy and have even created an education program about this strategy called Stop Flipping. Stop Flipping breaks down how you can replicate their business for yourself. To know more about this program visit their website at http://stopflipping.com/.
PLP-006 Mitch Stephen – The Art of Owner Financing WHAT YOU’LL LEARN IN EPISODE 006 OFV = Owner Finance Value How Mitch went from losing money on rentals and turned it all around with the Owner Finance model and has executed more than 1,500 Owner Finance deals The Core Belief behind the Owner Finance model How you don’t need to repair anything or spend any money on a rehab The typical type of private lender whose funds Mitch utilizes and the buyer’s traits that can cost you money Mitch’s Blog Post: http://1000houses.com/real-estate-market/terms-payment/ (Why I borrow at the Terms I Do) Mitch’s Podcast: http://reinvestorsummit.com/podcasts/ (reinvestorsummit.com) Books by Mitch Stephen: http://amzn.to/2Bs2MER (My Life & 1,000 Houses: Failing Forward to Financial Freedom) http://amzn.to/2E9egQI (My Life & 1,000 Houses: 200+ Ways to Find Bargain Properties) http://amzn.to/2Filily (My Life & 1,000 Houses: The Art of Owner Financing) http://amzn.to/2Fkqo0O (Nothing Down by Robert G. Allen) = The book that started Mitch’s Real Estate investing Mitch is currently reading: https://www.amazon.com/gp/product/0451205367/ref=as_li_tl?ie=UTF8&tag=privatelender-20&camp=1789&creative=9325&linkCode=as2&creativeASIN=0451205367&linkId=60b4e9ec45a2f19864a573a09611a7c2 (The Richest Man in Babylon by George S. Classon) Mitch’s websites: http://1000houses.com/ (1000houses.com) http://reinvestorsummit.com/ (reinvestorsummit.com)
A brief A-Z breakdown on the process to do an Owner Finance deal
How to handle the, "I want the down payment", objection on owner finance deals
Sometimes I just like browsing through the MLS to see what’s going on. I did that the other day checking out the St. Louis area. Specifically, I was looking for all of the lease option, FSBO or rent-to-own listings. I came up with over 150 in those categories. And about 75% of those were in […]
Sometimes I just like browsing through the MLS to see what’s going on. I did that the other day checking out the St. Louis area. Specifically, I was looking for all of the lease option, FSBO or rent-to-own listings. I came up with over 150 in those categories. And about 75% of those were in good neighborhoods. When I say good neighborhoods, I mean they were areas in which conventional bank loans were probably not a viable option, but yet they are nice blue-collar areas. Most of these properties looked like they didn’t need much work, if any. In this episode, I give a number of great ideas for ways to offer creative financing options for these types of homeowners. If they’re offering to lease or rent, that tells me they’re flexible. You can use that to your advantage. Take these ideas and run with them.
Erik Stark joins us again on The Flip Empire show to continue his discussion on how he structures owner finance deals. Erik and his business partner, Steve Mills, have sold over 400+ properties in the last 11 years, so Erik definitely has a lot of qualified experience and advice up his sleeves. Tune in to discover why Erik likes interest only deals and why he would rather have a big payday over a fixed monthly income. Key Takeaways: • Be sure to listen to part one of this interview with Erik first! • Erik does a quick recap of what he talked about in part one. • When structuring owner finance deals in this particular way, many times the sellers do not want their money back. They want to have a passive income on their property instead. • If you're confused about what's happening here, rewind this podcast if you have to! • What happens if Erik could not find a property to move his lender's collateral to? • Why does Erik structure all of his deals to be interest only? • Erik usually does an interest only deal for the first year and then moves it to an amortized loan. • Erik is turning home owner sellers into private lenders. • Communication is everything to your leaders. • Alex does a quick recap of the deal he and Erik are talking about. • How does Erik decide when to turn down a big payday? • Erik prefers a large cash pay day vs. a monthly income, because he knows he can invest it wisely. • At the end of the day, the way you structure your deals is a lifestyle choice and decision. • Alex gives his sellers three options. He gives them cash now, an owner fiance or lease option, or sell their property to a retail buyer. • Sometimes it's hard to turn down a big payday deal. • Alex acts like a seller to get a better idea of how Erik works. • Erik likes to plant the money-earning-potential seed while he is on the phone with a seller. • Thank you for listening! Mentioned in This Episode: www.flipempire.com/ Erik Stark Interview - Part 1 www.therealerikstark.com/ Ask Alex A Question: Have a question you want featured on an upcoming Flip Empire Show? Head over to the Ask Alex page, and record you question. We've made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally! Did you get your FREE Online Course? Text the word EMPIRE to 67076, and we'll send you a link to get instant access to the “5 Ways To Scale Your Real Estate Wholesaling Business To Six Figures (In 6 Months Or Less)” video module training course. Subscribe To The Flip Empire Show, and Leave a Rating & Review!
Erik Stark, full-time entrepreneur and real estate investor, has bought and sold over 400+ properties with his business partner, Steve Mills. Erik has trained with, learned from, shared stages and coached for the biggest names in the personal development and real estate niche. Today, he sits down with Alex and goes into great detail on how he structures his deal flow. No way could Erik share all these golden nuggets in one sitting, so come back next week for part two of the interview. Key Takeaways: • This interview is going to be broken up in two parts. • Erik and his partner Steve have been in the real estate industry for the last 11 years. • Let's talk marketing and deal structure. • Grab a pen and paper! • Erik shares a case study on a particular property. • What is ‘owner finance' and ‘carrying a note'? • What's the seller's why? What's their main motivation for selling the property? • There are so many moving parts to multiple deals, but don't feel overwhelmed. • How does Erik explain what owner finance is to the sellers? • Get educated on owner finance and cover the basics of a real estate transaction. • Every single lender wants to have trust, security, and collateral. • What's the one piece of advice Erik has for those struggling out there? Work a strategy and stop chasing opportunities. Mentioned in This Episode: www.flipempire.com/ www.therealerikstark.com/ Ask Alex A Question: Have a question you want featured on an upcoming Flip Empire Show? Head over to the Ask Alex page, and record you question. We've made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally! Did you get your FREE Online Course? Text the word EMPIRE to 67076, and we'll send you a link to get instant access to the “5 Ways To Scale Your Real Estate Wholesaling Business To Six Figures (In 6 Months Or Less)” video module training course. Subscribe To The Flip Empire Show, and Leave a Rating & Review!
In today’s show I’m going to discuss the benefits of using seller financing when buying or selling a property, but more importantly we’re going to discuss how to successfully educate and persuade the owner of a property to consider this type of sale. If you don’t know how to effectively communicate the benefits to a seller then it’s highly unlikely that an owner will consider holding financing for you during a sale. Recommended Resources Download my free success guide, “7 habits of highly successful multi-family investors” by going to KevinBupp.com/guide Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2 Looking to invest in Mobile Home Parks? Want to JV with me on deals? If so, schedule a call with me and let’s talk. Click here https://www.timetrade.com/book/KT36S
Real Estate Investing Profits Master Series with Cory Boatright
I have an absolutely incredible investor today named Mitch Steven, out of Canyon Lake, TX. He’s someone I met at the Collective Genius Mastermind. He’s a total rock star, and has been self-employed since 1996, having purchased over 1000 houses in the San Antonio area. He’s also a self-taught high school graduate, and he never stopped learning. He specializes in owner finance properties to individuals left behind by traditional lending institutions and gives new life to properties that scar the neighborhoods, so he’s perfected the method of achieving cash flow without being a landlord or rehabbing properties. He’s also mastered the art of private money, and the classic nothing down deal. This is someone with over 1100 doors in storage facilities breaks down his strategy, and you’re going to love it. Today we dive into: Why he started a career in real estate The one strategy that made him a multi-millionaire What he was doing before real estate and how it affected his current success His worst deal and how he handled it like a pro His Profit Masters Investing strategies and why they’re fool-proof How he got good at saying “This isn’t what I do” Why you should learn to delegate Mitch is knocking if out of the park, currently dealing with a lot of owner-finance issues. We go through and talk about what he specifically focuses on in real estate. He does everything, but we talk about his main gigs and why he chose real estate as his main endeavor. Finally we discuss establishing owner-finance value, creating your own value and owner finance strategy. We broke it down into how to get your owner-finance price, FAK funds and the importance of not over leveraging. Make sure to listen closely and see how you can get your free investor guide. Thanks for listening, and check in soon for another awesome episode. Links and resources: Mitch’s books on Amazon 1000 Houses The Collective Genius Loan Shark Audible
Owner finance, to put it simply, is you as the owner of a property providing finance to the buyer of the property instead of a traditional lender such as a bank. Owner finance is also commonly known as vendor finance or seller finance. Here is a breakdown of how owner financing works: You own the […] The post What Is Owner Finance and How Does It Create Passive Income? (Ep4) appeared first on On Property.