The Importance of Mindset in Real Estate

Mindset in Real Estate?

Mindset: the established set of attitudes held
by someone.


In this episode, Blair and Jeff discuss the best way to frame
your mindset and tackle different ways to do a
transactional business. You will learn how to
manage a deal when taking title and land trust, how to fill in a
contract when taking a property subject-to, and how to charge
application fees when finding a lease-purchase tenant. Hear about
attorney fees and whether to use attorneys or litigator’s
services when doing the signing. Gain insights on how to deal
with rural leads, which leave little room for profit, and how to
find an allowable offer for an apartment complex.


Finally, learn how to handle getting a property key to a buyer
when out-of-state.
Mentioned Resources:

me

ZellePay

Venmo

DocuSign

HomeAdvisor

Craigslist

Ron LeGrand

In this episode we covered:

00:00 – Start-up and welcome to the call

00:37 – About a deal taking title and a land trust, and when
to sign the contract

03:37 – How to fill in the contract when taking a property
for what a seller owes, a subject-to deal

04:21 – How to charge the application fees when finding a
lease-purchase tenant

08:17 – About attorneys and litigators when doing the closing
signing

11:35 – Person responsible for handing a property key to a
buyer when out-of-state

12:56 – About rural leads coming in which leave little room
for profit and an allowable offer for an apartment complex

16:20 – Getting into the flow of the real estate business

18:24 – Following up with a check that hasn’t been cashed yet
to reinstate a loan

20:35 – About a situation with a red flag in Facebook

21:48 – A good place to get leads for cold calling and the
benefits of targeting geographically

24:57 – Continuing with rural leads coming

26:14 – Continuing with an allowable offer for an apartment
complex

31:50 – Framing your mindset correctly

36:48 – About attorney fees when dealing with a
lease-purchase tenant

48:56 – 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!