Taking Title on a Property Has a Great Benefit!

Taking Title on a Property

In this episode, Blair and Jeff talk about what is going on in
today’s market and how it affects the business. Important topics
include lease purchasing a property and the benefits of taking
title on a property instead of lease purchasing it. Learn how to
market it, how to find quality buyers in the case of owning it,
and lines to use in the case of converting over. Finally, they
talk about how you can schedule a video walkthrough, how to deal
with red-tagged properties when trying to work out a terms deal,
and reverse mortgages in subject-to's.
For the pandemic and economic crisis...

Blair and Jeff have an excellent business model to overcome the
next recession. Get your home office ready and start a remote
real estate business. As you walk through their episodes,
discover incredible strategies to purchase properties for very
little money, all the benefits of doing so, and how to sell them
for a lot more!


Mentioned Resources:


Craigslist

MLS

Mojo

Zillow

Facebook Marketplace

Facebook pay to ads

Ron Legrand

Propstream

BiggerPockets

MLS

Rently

ph



In this episode we covered:


00:00 – Start-up: market update in pandemic crisis and how it
affects real estate business

08:55 – How to deal with a client’s video walkthrough when
losing signal

10:21 – Whether purchasing a house on a lease option as a
good strategy or not for a house with a small down payment and
repairs needed

21:06 – Benefits of taking title on the property mentioned
before in 10:21

22:30 – How to market this property in 10:21 that needs a lot
of work; wording for the ad

24:21 – Finding quality buyers for when we own a property

29:38 – Signing a contract and then finding a realtor to see
what he can sell the property for to confirm assumptions

34:26 – When and how to set the video walkthrough after the
appointment meeting is over

39:12 – Dealing with a red-tagged property and a divorce
situation when trying to work out a terms deal

44:28 – How to deal with a reverse mortgage in a subject-to

45:40 – Referred to 10:21 – Whether to wraparound when taking
title on a property subject-to, the best exit strategy, lines to
use when converting over and about negotiating price

17:23 – Wrap-up



About Blair:


Blair is the founder and creator of Dealbot, a motivated seller
lead generation company. He has managed nearly $2mm in marketing
spend and generated over 100,000 motivated seller leads. He also
buys and sells houses himself in the Winston-Salem and Charlotte,
NC markets. In the past year, he has acquired nearly $3mm in cash
flowing rental properties with zero money out of his pocket.


Multimedia:


Youtube

Apple Podcasts

Google Play

Facebook



Thank you for listening!