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Client Case Study: Ryan Uses Relationship to Negotiate an Awesome Duplex with Seller Financing
In this special case study episode, Jeff interviews Ryan, a client in The DEALS Workshop. Ryan recently bought his first rental property using the thoughtful approach he learned in The DEALS Workshop, and in this episode he tells the entire story of acquiring this excellent off-market duplex with Seller Financing.
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A Simple 2-Step Seller Negotiation Framework
Sometimes, we work with Sellers who are very open to the conversation about selling us their properties, but who may not be sure exactly how to make a decision. This can leave them ambivalent and unsure about how to proceed. In this episode, Jeff describes a simple but powerful two-step framework for helping a Seller to get clarity on their own situations and options, so that they can make the best possible decision.
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Define What You WON’T Do
We all know the power of setting goals, declaring the actions we will take—even if they are outside our comfort zone—and then taking those actions to progress towards our goals. But what about the opposite—defining what we WON’T do? It turns out there is great value in setting boundaries that eliminate certain possibilities. In this episode, Jeff explains the value and importance of defining what we WON’T do, and describes the number one most important thing to decide NOT to do.
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Using “Seller Bonding” in Multifamily Investing, with Rod Khleif
It’s no secret that if you want to grow a portfolio, buying multifamily rentals can boost your portfolio size, door count and monthly income quickly. In this episode, Jeff interviews multifamily real estate investing legend Rod Khleif. Rod shares his epic journey—including both highs and lows—in real estate investing, explains why he feels we will be facing an economic downturn, discusses the importance of giving, and explains “seller bonding” and how it can be used to buy properties with Seller Financing. Rod Khleif is the author of “How to Create Lifetime Cash Flow Through Multifamily Properties: The New Rules of Real Estate Investing,” and one of the leading educators for multifamily real estate investors.
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How to Get Massive Traction in Your Real Estate Investing
At the beginning of a real estate investing journey, there’s a lot of necessary exploration. We are learning and trying out lots of new ideas, approaches, strategies and more. But ultimately, if we want to make meaningful progress in our real estate investing endeavors, we need to settle into an investing approach that we can replicate over and over again—that’s when we get the most traction and make the most progress. In this episode, Jeff shares a seldom-discussed key aspect of finding that sweet spot that will create the most possible traction: adopting a strategy that is at the intersection of the head and the heart.
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Client Case Study Interview: Buying Additional Properties from a Previous Seller
Often times, when you use a relationship-oriented approach to buy a property from an off-market Seller with Seller Financing, there’s a good chance that Seller may own more properties they might consider selling you in the future. In this episode, Jeff sits down with Nate and Kylie, clients of The DEALS Workshop, who recently did just that: they bought a second batch of three properties with Seller Financing from their previous Seller! Check out the client case study interview in this episode!
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Negotiating With “Tired Landlord” Sellers—Don’t Make This Mistake
Have you ever heard the expression “Tired Landlord?” This is a common phrase we use to describe what we think are “Motivated Sellers” who own rental properties. These “Tired Landlords” can make excellent Seller candidates for us to buy properties from, but there’s one big risk: we can accidentally make inaccurate assumptions about them and what drives them. In this episode, Jeff breaks down the topic of “Tired Landlords” into three distinctly different sub-classifications of “Tired Landlords,” so that you can be sure you understand exactly which type you’re negotiating with, and can ultimately be far more successful in your negotiations.
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What is the best type of lead generation for acquisitions?
Share This: When getting started in real estate investing, one of the first things you need to figure out is how to generate leads. You may ask yourself, what is it that makes the phone ring best or what is it that makes most of the leads come in? However, I would encourage you to […]
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How to Get Your Offers Accepted by Sellers
Share This: There’s a really surprising key to getting your offers accepted when you’re working directly with sellers, and it’s going to come as a bit of a surprise. The key to making your offers acceptable is NOT to make offers. Okay, so what I mean by that? That doesn’t make sense, right? The distinction […]
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What is the Key to Attracting Sellers?
Share This: People often ask, “What is the key to attracting Sellers for real estate investing?” We actually think that that’s the wrong question to be asking. The question isn’t how to attract Sellers, because all Sellers aren’t created equal, and all Sellers aren’t necessarily the kind of people that you do want to attract. […]
