Today, we're going to talk about how to be successful at seller-financed deals. First, one of the most important things is to pre-screen the seller. If you want to be successful at seller-financed deals, you have to discover right away if they are going to be willing to take your proposal. A few simple questions is all you need to know if the seller is motivated or not.
One of the critical points in real estate investing success is negotiating the best deals. If you don’t know how to negotiate, you won’t be able to buy income properties where you have to talk to sellers. There are certain techniques you can use when negotiating a deal.
Most people aren’t trained to look for opportunity. They are taught to do things a certain way and follow that "formula." Many years ago, I used to spend so much time building spreadsheets to analyze properties that would give me ultimate information that I thought I needed. The problem is those spreadsheets didn’t make me a dime to feed my family. I have found that people who love building spreadsheets are wasting time doing what they like to do instead of looking for deals that has a chance to make money to pay their bills. If you spend time doing everything except what you need to do, you’ll never be a successful real estate investor.
For those of you who think you are saving money doing your own rehab projects, today’s podcast talks about how "The Less You Do – The More You Will Make". If you want to make more money in the real estate business, doing your own rehabs is not the fastest or best way to achieve what you want. Listen to how I stopped swinging a hammer thinking I was saving money and started doing more deals and making more money.
In today's podcast, we're talking about some common mistakes I've seen a lot of people make when negotiating their deals. Learn about how to tailor your offer and your conversation with a seller by doing your homework first, and why building rapport with them before you ever mention the property is the best way to create a profitable relationship.
Today’s podcast explains how to present your offer to sellers that will allow you to make positive monthly cashflow. But to be able to do that, you need the right tools to make it happen. Being able to convince a reluctant seller to give you the seller financing terms you need will be much easier when you use these investor tools. These tools show the sellers why giving you seller financing terms may be a better solution than if they were to receive all cash for their property.
If you want to do more deals and make more money, it’s time to learn more about how to make offers that sellers will accept. Today’s podcast tells how to get the training you need to accomplish doing more deals. Now is the perfect time to advance your buying techniques that few investors are capable of doing. It’s time to stop thinking what most investors do is the only way to profitably buy real estate.
Any investor who thinks that sellers won’t give seller financing terms, are losing out on many deals every year. It’s time to stop thinking that all sellers will only accept all of their money at closing. If you don’t believe sellers will give seller financing terms you need to start changing your own mindset and start asking if they will. You will never know what any seller will accept until you ask.
Today if you want to put together the best deals, I believe now is the perfect time to learn how to pre-screen every seller you talk with to see what their true motivation is why they are selling their property. Today’s podcast explains what every investor’s need to know before they can put together the best deal for both the investor as well as the seller. Knowing this information will definitely put you miles ahead in your fact-finding process. Make sure you learn these important questions to ask before you try to negotiate your next deal.