Flipping Houses for Rookies is a podcast that focuses on all the important factors that you need to do to flip houses and get into the real estate investing business! You can listen to all of the podcasts below or to the right. You can also find them on iTunes (button to the right to subscribe!), Google Play, or any of the major podcasting services!
If you were educated in the main stream education system like most of us, you will have been taught that the banks have all the money. And the rich now the banks. What most don’t really is money is made from thin air (your thoughts). And … you can get a big check in days, not years, if you know a couple of things about real estate and its ability when you are creative. When I first started my venture to convert houses to fast cash, I had no idea how loose the business was. In other words, how much my creative mind on deal structuring would play out with my sellers. Bottom line … there really isn’t a right way or a wrong way to buy real estate so long as you pay attention to your profit centers. And that’s where most investors fall down. They are not creative enough to imagine profit centers in each deal or study deal structuring in an outrageous manner. And I am not talking about listening to someone like me. But instead get into houses and study sellers so they fully understand the person paying them to most. And today we are going to dabble in all of this so profit becomes clear to you in each of your deals. So here we go …
In today’s podcast we are going to cover never-talked-about ways of using old fashion real estate contracts to make millions without risk, large down payments, and legal advice! Whatever you are buying imagine it only takes $100 for a deposit. And your buyer gets the loan to pay your seller so you don’t have to go through the grueling process of buying with bank loans. And here’s another little thought … no long drawn out closings with attorneys, bankers, realtors, and all the other mucking up your deals and using a mask and gun to rob your closing with thousands of dollars in fees? Once you listen to this unique but factual episode, you will feel doing deals any other way is pure treacherous and reckless. In today’s cut throat real estate environment, you need to pay top dollar to get deals. Which is why I am going to show you today how to make tons of dough using the correct documents. By the end of this show with us, you will see that the money is in the contracts – not the real estate. And real estate is just the beacon of light that find these fortunes!
Real estate rule #1 … know your exit before you enter! Which begs the question, what if I don’t know all of my possibilities to exit, what do I do now? In order to negotiate and determine the properties highest and best value, you will want to listen to this podcast. This is no different than if you started a business, you would need some sort of a plan to provide an expectation of profit and healthy financials to leverage for growth. I know in the past we have talked about analyzing deals for acquisition, but are there ‘tell-talk’ signs you should pay attention to so you can quit while you are way ahead? If you are truly worried about mitigating losses and maximizing profits, this episode is perfect for you! Knowing and having the ability to walk away from deals is an investors strongest point. But if you don’t have these tools it could actually not be ‘walking away’ but instead losing deals because of real estate ignorance!
If your self-image is that you are not a ‘sales person’ you will not make the amount of deals (and money) that those whom see themselves as sales people. This one point is so powerful that Grant Cardone wrote a best selling book called “Sell Or Be Sold – How To Get Your Way in Business And In Life”. If you are losing more than you’re winning in real estate, then you need to realize you are an amateur on this topic. And in this podcast I will not cover a lot of theory, but instead give you some of my most powerful objections, stalls, and resistance handling so that you too can use them with your sellers and make more deals and much larger profits. then you soon can become someone who knows what you are doing and get the show on the road. In this episode, I plan to take you from amateur to pro by giving you my most used persuasive answers to sellers so you too can get results like I do. Better get some paper and a pencil for this one … you’re going to want these hidden jewels!
How do you turn time into money? I’m sure if you dug hard enough there are exceptions, but so far in 30 plus year of being self-employed, I have adhered to these few disciplines I am going to share on this podcast, and it has always been successful. And everyone I have met and gotten to know who ignores these disciplines one for one fail. It is possible that a few disciplines alone can literally determine success or failure? That is for you to decide. In todays episode, I will introduce you to these never before taught or talked about habits. Honestly, I’ve read a lot on the topic of time management by many authors, but have never seen this or heard of it before. So if you are struggling with your own little time management ‘systems’ you will never overcome your surroundings enough to pull off the real estate profits needed to replace your income. In fact, you’ll give the rest of us creative real estate investors a bad name while contributing to the middle class’s slow death!
When most folks think about real estate investors they thing about “flipping” houses for income. And if it is not something swirling around in your thoughts … turn the TV on and watch a few “flipping” shows and you will soon start to wonder if you too could possibly do it? Unfortunately, immediately right after that a fleeing thought comes … Can I do real estate investing that offers all the best benefits, with none of (or very few) drawbacks? Especially if you don’t have a lot of money or time to waste to figure it all out, right? Real estate (for most) is an exit strategy to replace your current inconvenienced income. That means it shouldn’t take too much time, or cause a lot of anxiety. If you choose to replace some (or all) of your income, and not be time-intensive or stress you out, this is the podcast for you. Only because I think by clarifying the difference between ugly real estate and pretty real estate, you can discover a better way to accomplish your desires without all of the common drawbacks that will hold you down when first starting out. Then you can decide if this is your road to freedom or not? So let’s get started …
85% of your financial success in real estate is due to your personality, ability to communicate, and negotiate. Which means shockingly, only 15% is due to technical knowledge! If you have the ambition and foresight to seize and master these skills, over time, your financial future will be brighter than it is today – guaranteed! We were all born to negotiate. As a baby, you cried to be fed, and your mom fed you. Which simply means you won the negotiation. In today’s podcast, we realize not one of us are entitled to anything, more to the point … you don’t get what you deserve, you get what you can negotiate (as Dr Karrass said back in the 50’s). And this episode will take the mild and the meek and show then how to obtain or bring about discussions that will get everything involved exactly what they want in a causal but focused transaction and set of agreements.
WARNING: This podcast is not for the light hearted or thin skinned investor who has purple colored glasses on. Why you may ask? Most investors fail at the most important task in the business. Yet no one talks about it or even attempts to explain it. They plunge into deals without this one reality and understanding of what is actually happening (especially behind the scenes where it is al hidden). If you are doing deals (or trying to do deals) with this one major blindfold on … well, quite frankly, you aren’t going to make any traction or enough traction to make a difference. In this one episode, you will discover the hidden secrets that you can’t see, and often feel, but didn’t know what it was. Especially if you are taking the seminar presented from the hard knocks university. This podcast is mostly for the faint who aren’t spending money to educate themselves. It will be a true eye-popper.
Once you give yourself permission to have this powerful, yet misunderstood way of acquiring property … you will soon realize this perceived unpopular strategy will perform miracles for your financial future! In this podcast, I expect to help you shake off any confusions and distractions so that you can shed all of your doubts and bad advice on taking over a deed while leaving the loan in your sellers name As in any industry, here are certain strategies involved with buying and selling that lead to the most beneficial outcomes. However, before you can apply these ‘tricks-of-the-trade” you have to be confident in your own mind how they work. For that reason, along with this strategy being the most hidden in America (which we will explain), we are going to unfold it right in front of your eyes so you can have perfect 20/20 vision on it and start using this amazing knowledge tomorrow!
Ever wonder why you should buy apartment buildings, or if you can? In this podcast we are going to show you how o put our little formula of making money no, making money monthly, and making money later on steroids! And to even top that off… how to totally leverage your time, real estate activity, and how to pick the right markets to inflate your personal profits in real estate investing. Plus we will break the myth of you having to flip a bunch of single family houses to get up to buying apartment buildings. If done correctly, there is a massive pool of money waiting to be invested in what these lenders consider safer, less volatile place to put huge loans with lower risk. Lastly, we will cover how you will not be a management company getting calls at 2am about clogged toilets, but instead have a business that produces everything you want.