Friday, September 30, 2016

#175 Wholesaler flips a 940K contract and beats me to closing


This 20 unit deal took five months and it just closed! If you don’t get pumped after you hear this then being in real estate isn’t your thing. A cool element of creativity the buying investor worked out a deal with the wholesaler to pay out his assignment fee of 40k. Creatives idea to share? Go to this link ask.savvylandlord.me or go to www.savvyradioshow.com and leave a voice mail!


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Thursday, September 29, 2016

#174 Mystery man pops a deal closes it -NOW WHAT-


What do you do when you buy a property and the daughter lives in it? Now what? Kick her out? Have her stay?! I help this newbie investor spread his wings and help him navigate this new world of landlording. We cover how to protect yourself and how to handle objections and savvy ways to get top rent.  Should I post a demand letter on the front door? Slow your roll cowboy! Creative ideas to share? Go to this link ask.savvylandlord.me or go to www.savvyradioshow.com and leave a voice mail!


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Wednesday, September 28, 2016

#173 Voxer app helps you run business by keeping everyone the same page-text-voice


Voxer.com is a messaging app for your smartphone with live voice (like a walkie talkie), text, photo and location sharing. Voxer is for all platforms even you iPhone7000 freaks.  Get excited Voxer for Web; the same Voxer push-to-talk product available on a desktop or laptop.  Inefficient communication slows purchases, minimizes new leads, and decreases overall productivity for both the investor, contractor and the end user. When someone sends you a message, you get an alert on your phone, just like you would with a text message. Whenever it is convenient, you simply open the app and tap on the new message, and listen. It’s FREE! Tech to share? Go to this link ask.savvylandlord.me or go to www.savvyradioshow.com and leave a voice mail!


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Tuesday, September 27, 2016

#172 Private Money objections discussed Part #5


No one likes objections so we cover the objections before they are brought up in your next meeting with a potential private lender.  Here are some of the questions we cover.  What if the deal doesn’t pan out?  What if something happens to you?  My brother-in-law said this wasn’t a good idea.  Where does the money go?  How is the money used? Objections to share? Go to this link ask.savvylandlord.me or go to www.savvyradioshow.com and leave a voice mail!


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Monday, September 26, 2016

#171 Know the lingo - Private Lending Terminology Part #4


Power in knowledge! Learning the lingo only sets you apart from inexperienced investors.  Knowing all the terminology is half the battle, in a conversation it’s critical not to speak over them. When and how to use your knowledge will bring greater success in raising capital.  Ideas to share? Go to this link ask.savvylandlord.me or go to www.savvyradioshow.com and leave a voice mail!


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Thursday, September 22, 2016

#170 Can accountants be cool like investors or even entrepreneurs?


I say yes! Everytime I sit down with my accountant I learn something new. Now meet Larry Heidebrecht from Fleming Tax Services.  Larry and I are on the same page by building businesses and pay the lowest legal amount in taxes possible.  We chat about social security death benefits and how savvy it is to track each structure/cow to see how profitability it really is.  What question would like to ask an accountant?! Go to this link ask.savvylandlord.me or go to www.savvyradioshow.com and leave a voice mail!


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Tuesday, September 20, 2016

#169 Is Hard Money really hard to acquire?

Get ready for a great conversation with Scott McLain who has orchestrated over 500 loans to the tune of 65 million. I often hear rookie investors downgrade hard money lenders.  There is a product for every need and in real estate there is a lot of need for money to do deals. Fiippers love hard money lenders because they can acquire and asset, fix it up and sell it and make big returns without every really using their own money.  Yes some hard money lenders require some skin but you can always borrow that money. What’s it worth in losing a deal because you can’t fund it.  Grow!  Go to this link ask.savvylandlord.me or go to www.savvyradioshow.com and leave a voice mail!