Chad and John discuss where to find the best probate leads and how to get probate leads for free from public notice. Johnathan shares his probate video marketing process, and Chad offers tips for using a multi-channel approach with direct mail marketing and digital marketing to get the most mileage out of each marketing asset. Gary Nash and Chad Corbett talk about creative investment strategies, how to unlock profits in single-family residences and find better end uses for investment properties. Nina summarizes the court overbid process for probate sales in California. Chad and Nina discuss how to build a cash buyers list for the competitive market we’re in, and what professionals (CCIMs, CPAs, Community Banks) can help you network with the best real estate investors. Stephanie did over 100 investment deals last year, but she just got her real estate license; How can she get her first real estate listing?
How to Buy A Small Business in Probate: PLUS Most Tax-Efficient Real Estate Investment Strategies in 2021
GOLD NUGGET ALERT!! Chad Corbett breaks down the opportunity in small business investments and how you can use business acquisitions to get free real estate and use real estate as a means to find small businesses to buy. Anton, Cristian, and Federico brainstorm how much money it takes to buy a business (hint: it can be free), what the best businesses to invest in right now are, and how to structure ownership agreements when transferring businesses. Federico and Chad brainstorm a deal where the seller keeps delaying close, and the buyer is getting impatient. Chad Corbett and James do some deal analysis and transaction engineering for a perfect buy-and-hold opportunity where a landlord isn’t willing to do owner finance. Chad Corbett offers several strategies for accessing funds through commercial, asset-based loans from community banks. Lastly, Corey and Chad discuss whether the tax benefits of a 1031 Exchange are worth it or not in the long run.
Winning Strategies To Win Real Estate Price Discussions | Using Debt & Equity to Buy Property
Chad kicks off the call with a breakdown of the methodology behind his Probate Mastery training system and why he appreciates the community that’s grown from it so much. Nina underscores how the probate mastery approach is unique compared to other probate courses and real estate training in general and can be applied to any real estate relationship. Nina and Chad brainstorm how to make more money and build better relationships in real estate, including ways to use creative finance and private money to keep heirs in an inherited property when they don’t qualify for traditional financing. Rich reviews Probate Mastery and the free probate training content available through YouTube and the Estate Professionals Mastermind Podcast. Federico shares an update on his progress building a probate business; and Nina, Gary Nash, and Chad Corbett share their insights on hiring and scaling VAs. Chad Corbett also shares his recommendation for the best company for real estate virtual assistants, MyOutDesk.
How to Use the MAXIMUM ALLOWABLE OFFER Formula for Successful Wholesaling
Chad kicks off the call by sharing his Back-Of-The-Napkin formula for calculating max allowable offers (MAO) and presenting those offers for wholesale and investment. The masterminds then brainstorm tips for leveraging vendor partnerships to help pay for upfront costs either through invoicing, liens, or simple interest on owed balances. Chad and John discuss tips for nurturing B2B relationships and which vendor partners are the best to pursue. Chad, Rodger, and Alex brainstorm ways to help move two trustee listings forward to sale as the siblings continue to infight and procrastinate, getting in the way of necessary cleanup for staging and showing.
Social Media for Real Estate: YouTube Best Practices and the Google Local Contributor Strategy
Katt kicks off the call by sharing the story of Cedar Hollow Woodworking, a business run by one guy who very subtly established his brand as a community centerpiece. Katt and Steve discuss where to find good ISAs and how to structure a work-life balance that will increase their tenure and excitement about your company. Jonathan, Katt, Dan, Jen, and Michele break apart YouTube marketing and why even unpolished content can be incredibly powerful in launching both your channel in general and your brand in local search results. Katt and Jen tease a 16 Probate FAQs Challenge they will roll out for the next Mastermind call with Chad’s return. The Masterminds discuss the importance of just letting the camera roll, no excuses and no stopping, and taking solace in the fact you can trim down your content after the fact.
How To Access Equity in Mom’s House | Handling Objections from Multiple Heirs | Live Probate Training
Josh and Chad brainstorm a video marketing strategy to use in paid Facebook ads with the purpose of driving membership to a Facebook community. Chad describes what landing pages and call to action has worked best for him in conjunction with Facebook ads. Corey shares updates on the probate closings he has in his pipeline. Alex, Chad, and John Fraker discuss ways to access equity in Mom’s house and the pros and cons of refinancing, HELOCs, reverse mortgages, and living trusts. John discusses his experience using TROs and injunctions to stop probate properties from going into foreclosure temporarily. Chad discusses tips for finding private lenders through probate and inheritance leads, and how to interview both community banks and small banks that hold portfolio loans to find the right lender for investments. Ronald asks about options for a surviving spouse when there is a reverse mortgage on the shared residence; Josh asks for advice handling objections from multiple heirs about how and when to sell the inherited property.
How Do You Get Consistent Leads? + ‘My new ISA got 2 appointments with this script!’
Balcom shares his script adjustment for virtual assistants, which has already resulted in 2 appointments set by his brand new hire! Dan and Chad do some deal analysis on a property with a ton of liens and a ton of problems. Bill Gross shares his insight on going from zero production to semi-retired, and the marketing channels that give him the best business. The masterminds share strategies and motivational tips for getting consistent with lead generation, including tips for building reciprocal referral partnerships and getting yourself set up for on-the-go video recording.
LIVE ROLE PLAY: FORECLOSURE SCRIPTS | PLUS Using Creative Finance When Sellers Want the ZILLOW PRICE
Balcom and Chad roleplay through a cold-call to a foreclosure/NOD lead; James, Balcom, and Chad do some transaction engineering in anticipation of a seller appointment where the Zillow Price will be the biggest objection; Eddie and Chad discuss best practice tips for inbound content marketing, merging mail marketing with digital marketing efforts, and the intersection between consistency and accountability.
THIS WEEK’S CHALLENGE: Probate Mastery’s top performers are challenged to create a list of “10 Probate FAQs’ ‘ comprising the common questions and challenges people in probate have, and use this list as the basis for inbound marketing content.
Using Facebook Ads To Boost Your Marketing; Best Practice Tips For Door-Knocking; and How to Choose and Optimize Your Real Estate CRM
Chad and the Masterminds brainstorm tips, strategies, and tools for working less, earning more, and doing good. Corey shares his success story – he’s taking FIVE listings this week! Federico and the masterminds brainstorm ways for him to get organized, scale his business, and reclaim his time as his cash-flow has stabilized. Gary Nash, David Pannell, and Chad talk CRMs and why some features work for others. Other topics discussed include using facebook ads to give organic content marketing a boost, pitching financial planning services as a value offer to probate prospects, and networking with high-net-worth individuals.
THIS WEEK’S CHALLENGE: Probate Mastery’s top performers are challenged to get started with a CRM or reorganize and revisit the CRM they currently have. Federico sets a 30-day goal; can you match it? Tune in to learn more about the systems and strategies that are working for the masterminds, and take the challenge yourself.
A SCRIPT For Every Foreclosure Lead; PLUS How to Maximize Cash Flow, Equity For Any Investment Property
Chad and the Masterminds brainstorm tips, strategies, and tools for working less, earning more, and doing good. David Pannell describes a multi-property deal landed from a lead that ignored him for over a year and shares his recommendations for probate leads. Gary Nash shares advice on how to build a cash buyers list with investors that know what they’re doing, and how to creatively maximize the cash-flow of any investment property. Rosie and Chad mastermind strategies for subdividing lots and creating AirBNB-style rentals for dry camping use; Chad, Balcom, Rosie, and David talk training virtual assistants and scripts for foreclosure leads.
Not going to lie, these calls are hard to summarize in a paragraph – So you might as well just dive in!
Probate Mastery’s top performers are challenged to build a partnership with a mortgage refinance partner: You send them foreclosure leads that need to refinance; they send you everyone else they can’t refinance. Tune in to learn more on how to approach any foreclosure conversation.