Investor Creator Podcast

https://feed.podbean.com/makingInvestor/feed.xml

148.6K

Downloads

147

Episodes

Brad Smotherman, a multiple 7 figure house flipper, shows you how to market for houses, negotiate, structure your deals, and fund your deals so that you can create a high 6 figure or 7 figure house flipping business, without sacrificing your freedom.

Episodes

Monday Apr 08, 2024

How to Deal with High Insurance Costs in Real Estate Deals (Open Support Call #6)

Monday Apr 08, 2024

Welcome back to another edition of our Open Support Calls! You can follow them live on Wednesdays at 1pm CT in our free Investor Creator Community group on Facebook.

Today, we start by sharing the details of an amazing deal we've just closed. We discuss the concept of substitution of collateral in owner finance deals, the state of the current real estate market and how to be effective in both buyer and seller markets. You'll also hear about sub-3 financing, dealing with insurance costs, hiring virtual assistants, direct mail marketing, selling partials, deal structuring and more.

What is Covered:

00:00 - Our most recent real estate deal

01:37 - Substitution of collateral in owner finance deals

06:18 - The evolution of real estate investing strategies

09:39 - Dealing with high insurance costs in real estate deals

11:06 - How to manage offshore virtual assistants

12:30 - The importance of finding work-life balance in real estate investing business

25:09 - Sub-3 financing and deal structuring

27:58 - The challenges of direct mail marketing

28:27 - Selling partials and deal structuring

34:30 - How to negotiate terms with private money lenders

Resources: