A High Paying Reward Risk

In this episode, Blair and Jeff debate on the benefits and
drawbacks of one of the Eighth Circuit’s article on a court
ruling that says properties that have been foreclosed will no
longer have a mortgage on them. They give everyone an update on
Project X. They also talk about the importance of making a
decision based on numbers and risks in a subject-to deal
involving a Ygrene loan, an unsure skinny deal, the only time
this business does rent credits, and the period of time needed to
own properties before they get cashed out. They cover finding the
right virtual assistant for the right price. Finally, the talk
turns to how to do business in markets with high value and in
other markets, and the right person for this work.


Mentioned Resources:


ph

Upwork

Craigslist



In this episode we covered:


00:01:05 – Eighth Circuit’s article on court ruling;
foreclosed properties will no longer have a mortgage on them
(benefits and drawbacks)

00:14:26 – Making a decision based on numbers and risks in a
subject-to deal involving a Ygrene loan

00:30:39 – An unsure skinny deal

00:44:45 – The one and only time this business does rent
credits

00:47:02 – Period of time needed to own properties before
they get cashed out

00:48:27 – Update on Project X

00:54:28 – Virtual assistants; the right person for the right
price

00:57:37 – Finding business in markets with high value and in
other markets, and the person who should do the work



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:
https://www.youtube.com/channel/UCiatKNrfIlTWIAiPU_UQfsQ

Apple Podcasts:
https://podcasts.apple.com/ca/podcast/the-transactional-real-estate-investor-show/id1460647919

Google Play:
https://play.google.com/music/listen?view=/ps/I3au2kzrhhadq3xlegyyfebg27e

Facebook: https://www.facebook.com/BlairHalver/

Thank you for listening!