Live Group Coaching #15: Deal Analysis: Choosing A Strategy and Getting The Deal Funded
Episode #15 of Estate Professionals Mastermind Podcast
Please note that live participation in weekly group coaching is reserved for Certified Probate Experts (Probate Mastery course alumni). You can learn more about Probate Mastery here, as well as join our Estate Professionals Mastermind group on Facebook to network with our community.
What’s In This Episode:
Chad and the Masterminds brainstorm tips, strategies, and tools for success. Ronald shares an update on a video testimonial he captured with a client an attorney referred him; he describes how he got the deal and how he approached Carol with the request for her feedback. Major TakeAway? People are MUCH more used to being on a video (Zoom) in the Work-From-Home era than they used to be! Donna shares an update on her business structuring venture, as Chad and the Masterminds walk her through ways she can start investing without cash of her own using creative finance and loans from small banks. Lastly, what can you do to purchase a house from an estate with little equity, that will satisfy other interested heirs, and how can you find the right lender for the deal?
Podcast Streams and Download: How To Invest With NO CASH: Sub-To, BRRRR, Private Money, and Community Banks | Live Coaching #15 (buzzsprout.com)
Episode Time Stamps (YouTube Links):
0:25 How I Asked For and Captured A Testimonial
2:25 How To Create Use A Testimonial in Google My Business
3:51 Generating Leads With Facebook Groups: Local Life Transition Experts
5:25 Building A Team Of Professionals Who Work Upstream Of Probate
10:21 Starting a Business Partnership: Donna’s Update
11:41 When and How to Use Sub-To Creative Finance
16:55 What To Expect At A REIA Meeting
17:57 The Tax Advantages of Using Sub-To
20:20 How to Invest Without Cash: Sub-To, BRRR, Notes, Community Banks, and Cash-Out Refi
22:01 How to Structure Business Partnerships: Equity, Roles, and Expectations
28:46 Going On Appointments With Probate Sellers
31:35 Transaction Engineering: How To Buy A House From An Estate
34:00 How To Find GOOD Community Banks and Private Lenders
41:40 Deal Analysis: What’s The Best Way To Get This Done?
- Chad Corbetts On-Demand Probate Mastery Course
- Estate Professionals Mastermind Group (Facebook)
- Chad Corbett’s YouTube Channel
- How To Go On Appointments With Probate Sellers: Probate Mastery Session 3
- Chad’s Recommended Booklist: Probate Real Estate Books
- Start your search for attorney partners: findlaw.com
- Chad Corbett x Chris Prefontaine on the Smart Real Estate Coach Podcast: https://probatemastery.com/chad-corbett-and-chris-prefontaine-podcast/
- Donna’s Recommendation: Mashvisor.com for Estimating Rentals Costs and Use
About the Author
Katt is an expert in probate marketing and helps entrepreneurs build businesses in the probate space. She is the co-founder of the Estate Professionals Mastermind podcast, which has become the most widely-shared probate real estate podcast. She also writes training content for ProbateMastery.com and a weekly LinkedIn newsletter followed by over 9000 professionals. You can reach her on Instagram, Twitter, and LinkedIn.