Taking Title on a Property Has a Great Benefit!
The Transactional Real Estate Investor Show with Blair Halver
Release Date: 04/22/2020
Several Exit Strategies to Make Your Equity, Cash Flow, or Both!
The Transactional Real Estate Investor Show with Blair Halver
Hear about different exit strategies you can use for just one deal. More and more opportunities are popping up in this economic crisis. And more!
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Buy Subject-to, Fix and Flip!
The Transactional Real Estate Investor Show with Blair Halver
In this episode, hear about three deals Blair and Jeff are working on with different exit strategies. Learn how to buy subject-to, fix and flip, and how to get an $80K payday just for writing out a check to bring a loan current.
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Line up Your Buyer Before You Close a Deal to Avoid Taking Any Risk!
The Transactional Real Estate Investor Show with Blair Halver
The real estate business has great opportunities. As transactional engineers, you have all the strategies needed to identify them and turn them into deals. The market is constantly changing because of the economic crisis. Several states are experiencing significant disturbances, such as violent protests. Buyers in some areas will be difficult to get. In questionable areas, line up your buyers before closing on a deal to avoid taking risks.
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Buy Cheap, Hold for the Long-Term, and Make Money on the Spread!
The Transactional Real Estate Investor Show with Blair Halver
In this episode, learn how to handle loans when there is already a mortgage, how to approach deals with subject-to involving expensive properties, and how this business works in rural areas. Discover the right time to negotiate the purchase price, how negotiation works in term deals and cash deals, and how to deal with a probate estate.
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Don’t Waste Time and Get That Seller on the Phone!
The Transactional Real Estate Investor Show with Blair Halver
Learn how to get sellers on the phone, discover how to estimate the purchase amount for a cash purchase, how to respond to buyers wanting to know what the process of rent-to-own is, and the process and document signatures needed when assigning the deed at closing. And more!
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Do Not Be Conservative with Your ARV!
The Transactional Real Estate Investor Show with Blair Halver
Transactional real estate engineers must never be conservative with their ARV! If your ARV is too conservative, you will lack a margin to make a profit! Learn all about it in this episode!
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Always Keep Interested Buyers with Money in Play!
The Transactional Real Estate Investor Show with Blair Halver
In this episode, learn how to talk to buyers to keep them lined up and in play, how to reach out to unresponsive sellers avoiding your phone calls when buyers are ready and more!
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A Perfect Deal is About Looking for Big Equity, Big Cash Flow, or Both!
The Transactional Real Estate Investor Show with Blair Halver
In this episode, hear about what is going on in the market and note all the housing opportunities now out there. Learn how to approach sellers asking too much for their house, sellers with individual loans, and sellers who haven’t figured out their asking price but want to sell.
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Don’t Spend for a House Needing Work When Buying Subject-to!
The Transactional Real Estate Investor Show with Blair Halver
In this episode, learn how to approach sellers who: have private loans, are behind on payments and are in foreclosure, and those who want cash to cover the work that needs to be done in their house.
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Make a Real Estate Deal Step by Step and No Step Out of Order!
The Transactional Real Estate Investor Show with Blair Halver
In this episode, learn the sequence of steps you must take to make a deal work. Discover how to approach sellers with non-conforming properties who only want to cash out, and those who are in foreclosure with a USDA loan. Hear about a deal with lots of exit strategies, about buying and selling with seller financing, and how to deal with sellers walking away from a contract a couple of days before closing.
info_outlineTaking 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:
Thank you for listening!