In this episode, Blair and Jeff talk about different kinds of real estate deals in the pipeline. First up is how to set a price for a pretty house in a cash deal for retail. Following this, cover what steps to take in a long-term deal that has fallen through due to bankruptcy issues, and learn how to turn a possible transaction into a cash deal.
The Purchase and Sales Agreement
Dive into the details on how to fill in the purchase and sales agreement when closing a deal. They discuss how to approach sellers responding to website ads that offer cash in seven days.
00:49 – Setting the price for a pretty house in a cash deal to sell for retail
04:41 – About a client’s success
06:39 – How to move on with a deal of a two-year term that is probably over, due to bankruptcy issues
22:41 – Working a handyman special virtual lead
26:43 – About a cash deal and marketing to wholesale in a good market
28:58 – How to fill out the purchase and sales agreement when closing a real estate deal
39:15 – About lease options in Texas and trying to turn a prospect into cash real estate deal
44:25 – How to approach sellers responding to website ads offering cash in seven days
46:54 – A client’s update and possible states for him to target
50:05 – Continuation of “about lease options in Texas and trying to turn a deal into cash deal”
51:05 – 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.
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