Preview Mode Links will not work in preview mode

The Transactional Real Estate Investor Show with Blair Halver

  1. All Episodes
  2. Put the Deal Together and Get Paid First

Put the Deal Together and Get Paid First

Jan 23, 2020

Would you like to learn how to structure your business and turn into a transactional engineer? Join this episode to hear about different options for structuring and scaling. Blair and Jeff talk about their business and mention principal guidelines. Find a good option to manage your Facebook campaign, learn how to calculate your daily budget, and find different sources to get leads.

Discover different strategies and exits to work out your deals. Blair and Jeff talk about the subject-to strategy. Learn how to close a subject-to with a seller disclosure signed as an addendum to the purchase agreement with objections and risks, how to take title, and transfer insurance title.

They also talk about how to deal with a lease option tenant-buyer in a valuer drop scenario and who is responsible for repairs in a lease option. Two possible deals are discussed: one to buy a one-bed one-bath property and another for a two-bed two-bath whose property terms deal with money upfront so the owner can move out.

Want to hear more about how to run a real estate business? Join this call and find much more. They cover how to deal with an unusual kind of lease purchase arrangement, about paperwork and attorneys when doing business in other counties, putting a deal together, and exiting a property with terms.

Finally, move into how to deal with a seller who wants to sell all-cash with no debts, how to renegotiate with a seller in order to keep a property, and what it is like doing business with family on a long-term deal.

Mentioned Resources:

In this episode we covered:

  • 00:00:38 – Start-up and welcome to the call
  • 00:02:16 – Business update
  • 00:03:55 – An unusual kind of lease purchase arrangement; property lease purchased for the amount of the mortgage in fixed rates
  • 00:09:47 – Calculating a daily budget for Facebook campaign
  • 00:11:59 – Dealing with paperwork and attorneys when doing business in other counties
  • 00:14:08 – About a subject-to. Closing with a seller disclosure signed as an addendum to the purchase agreement; its objections and risks
  • 00:20:50 – Responsibility for repairs in a lease option
  • 00:24:17 – Strategies to take title on a subject-to deal, strategies to transfer title insurance and insurance policies
  • 00:35:47 – An overall guidance principal
  • 00:37:55 – Where to find structuring trust videos in the pipeline and a subject-to negotiation
  • 00:41:19 – About a seller who wants to sell all-cash with no debts
  • 00:42:54 – Lead sources
  • 00:45:52 – Dealing with a lease option tenant-buyer in a value drop scenario
  • 00:55:25 – Renegotiating with a seller in order to keep a property and two options for the deal
  • 00:58:50 – Options for buying a one-bed one-bath property
  • 01:02:16 – A short sale deal
  • 01:10:43 – Conducting business with family for a long-term deal
  • 01:16:48 – Putting a deal together and exiting the property with terms
  • 01:22:21 – Finding an investor who would want to buy a rent-ready property
  • 01:26:58 – Options for buying a two-bed two-bath; the property terms deal with money upfront so the owner can move out
  • 01:34:13 – Working and figuring out this business as transactional engineers
  • 01:37:00 – Option agreement or purchase agreement?
  • 01:37:50 – Posting locations for this Q and A call
  • 01:38:13 – 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!