Embark on a journey through time with real estate virtuoso Rob Reinmuth from Acquire Homes, as we reflect on our formative years of rivalry and growth within the property investment world. From our early days of making waves on YouTube with foreclosure showcases to our evolution into the realm of realty, this episode is a narrative of transformation and the power of understanding investment from an agent's perspective. Rob, initially hesitant to don the realtor hat, narrates his ascent to becoming a broker par excellence, affirming the irreplaceable value of agents who are well-versed in the investor's playbook.
๐ Master Foreclosure Investment with Donny
Learn the secrets with the "5 Fโs of Foreclosure Investment System". Dive deep into properties, transform them into profits, and shape your financial future, all for just $49.
๐ Enroll Now
๐ก Unlock Your Foreclosure Potential with Donny
Ready to secure a minimum profit of $25,000 on your first deal? Donny's "Do it with you" coaching model guides you step-by-step. Turn potential into profit.
๐ Schedule Your Call Now
๐ฅ Join the Foreclosure Experts
Step into our dedicated community. Gain expert insights, strategies, and connect with like-minded investors.
๐ Facebook Group
๐ The Ultimate Foreclosure Hub
Equip yourself with the best-in-class resources, strategies, and updates from the foreclosure world. Your investment journey, elevated.
๐ Official Website
๐ค Network with Donny Coram, The Foreclosure Deals Coach
Forge connections, share your journey, or simply drop a hello!
๐ LinkedIn
๐ Instagram
Note: Some links may be affiliate. Your support keeps us creating quality content.
Picture this: You're lounging on the sun-drenched beaches of Mexico, margarita in hand, yet you're making a hefty profit flipping houses over a thousand miles away. Sounds like a fantasy, right? Not anymore. Join us as we reveal how our clients, like the Jersey-based Sam and the military-stationed Steve, are mastering the art of flipping foreclosures from wherever they may be in the world. We've cracked the code to building trust, conducting due diligence, and harnessing technology to keep your investments thriving, proving that physical distance poses no obstacle to your success in the flipping game.
๐ Master Foreclosure Investment with Donny
Learn the secrets with the "5 Fโs of Foreclosure Investment System". Dive deep into properties, transform them into profits, and shape your financial future, all for just $49.
๐ Enroll Now
๐ก Unlock Your Foreclosure Potential with Donny
Ready to secure a minimum profit of $25,000 on your first deal? Donny's "Do it with you" coaching model guides you step-by-step. Turn potential into profit.
๐ Schedule Your Call Now
๐ฅ Join the Foreclosure Experts
Step into our dedicated community. Gain expert insights, strategies, and connect with like-minded investors.
๐ Facebook Group
๐ The Ultimate Foreclosure Hub
Equip yourself with the best-in-class resources, strategies, and updates from the foreclosure world. Your investment journey, elevated.
๐ Official Website
๐ค Network with Donny Coram, The Foreclosure Deals Coach
Forge connections, share your journey, or simply drop a hello!
๐ LinkedIn
๐ Instagram
Note: Some links may be affiliate. Your support keeps us creating quality content.
Hello, fellow investors and real estate enthusiasts! I'm your Foreclosure Deals Coach, Donny Corum, and despite braving a post-Mexico cold and a Colorado snowstorm, I'm excited to share insights on the foreclosure market. Listen in as I unravel the complexities of investing in foreclosures and how, even amidst economic shifts, there's profit to be made. We'll explore the media's penchant for negative housing market news and why it's crucial to approach such reports with a critical eye. Together, we'll navigate the nuances of interest rates, the affordability crisis, and the nitty-gritty of property maintenance costs.
๐ Master Foreclosure Investment with Donny
Learn the secrets with the "5 Fโs of Foreclosure Investment System". Dive deep into properties, transform them into profits, and shape your financial future, all for just $49.
๐ Enroll Now
๐ก Unlock Your Foreclosure Potential with Donny
Ready to secure a minimum profit of $25,000 on your first deal? Donny's "Do it with you" coaching model guides you step-by-step. Turn potential into profit.
๐ Schedule Your Call Now
๐ฅ Join the Foreclosure Experts
Step into our dedicated community. Gain expert insights, strategies, and connect with like-minded investors.
๐ Facebook Group
๐ The Ultimate Foreclosure Hub
Equip yourself with the best-in-class resources, strategies, and updates from the foreclosure world. Your investment journey, elevated.
๐ Official Website
๐ค Network with Donny Coram, The Foreclosure Deals Coach
Forge connections, share your journey, or simply drop a hello!
๐ LinkedIn
๐ Instagram
Note: Some links may be affiliate. Your support keeps us creating quality content.
Unlock the secrets of the ever-changing real estate landscape with me, Foreclosure Deals Coach Donny Corum, as I engage with the incomparable Steve Pruitt to dissect the evolution of real estate commission structures. Together, we peel back the layers of this intricate topic, examining the tug-of-war between tradition and innovation in how agents get paid. Our conversation spirals from the history of real estate commissions to the potential impact of market trends and lawsuits on the future of these fees.
๐ Master Foreclosure Investment with Donny
Learn the secrets with the "5 Fโs of Foreclosure Investment System". Dive deep into properties, transform them into profits, and shape your financial future, all for just $49.
๐ Enroll Now
๐ก Unlock Your Foreclosure Potential with Donny
Ready to secure a minimum profit of $25,000 on your first deal? Donny's "Do it with you" coaching model guides you step-by-step. Turn potential into profit.
๐ Schedule Your Call Now
๐ฅ Join the Foreclosure Experts
Step into our dedicated community. Gain expert insights, strategies, and connect with like-minded investors.
๐ Facebook Group
๐ The Ultimate Foreclosure Hub
Equip yourself with the best-in-class resources, strategies, and updates from the foreclosure world. Your investment journey, elevated.
๐ Official Website
๐ค Network with Donny Coram, The Foreclosure Deals Coach
Forge connections, share your journey, or simply drop a hello!
๐ LinkedIn
๐ Instagram
Note: Some links may be affiliate. Your support keeps us creating quality content.
Have you ever witnessed a novice investor transform into a deal-closing dynamo almost overnight? That's the story of Ryan Demers, our recent coaching program graduate, who joins us to share his electrifying journey from apprehension to success. With his first foreclosure purchase secured in less than two weeks, Ryan's narrative is the centerpiece of our latest episode, where we dissect the emotional rollercoaster and strategic decisions involved in navigating the foreclosure market.
๐ Master Foreclosure Investment with Donny
Learn the secrets with the "5 Fโs of Foreclosure Investment System". Dive deep into properties, transform them into profits, and shape your financial future, all for just $49.
๐ Enroll Now
๐ก Unlock Your Foreclosure Potential with Donny
Ready to secure a minimum profit of $25,000 on your first deal? Donny's "Do it with you" coaching model guides you step-by-step. Turn potential into profit.
๐ Schedule Your Call Now
๐ฅ Join the Foreclosure Experts
Step into our dedicated community. Gain expert insights, strategies, and connect with like-minded investors.
๐ Facebook Group
๐ The Ultimate Foreclosure Hub
Equip yourself with the best-in-class resources, strategies, and updates from the foreclosure world. Your investment journey, elevated.
๐ Official Website
๐ค Network with Donny Coram, The Foreclosure Deals Coach
Forge connections, share your journey, or simply drop a hello!
๐ LinkedIn
๐ Instagram
Note: Some links may be affiliate. Your support keeps us creating quality content.
Unlock the secrets to amassing wealth through real estate investing with your guide, the Foreclosure Deals Coach, Donny Corum. In this episode, I lay out the journey to financial freedom with real-life tales of how obtaining my Series 65 license propelled me into the league of high-stakes financial discussions, including a massive 70-unit development project and a portfolio deal crafted for investors. With the wisdom of industry giants like Ed Mylett fueling our exploration, we dissect the intricate dance of dollars and deals that can elevate you beyond the grind of a 9-to-5, positioning real estate as your ultimate wealth-building ally.
๐ Master Foreclosure Investment with Donny
Learn the secrets with the "5 Fโs of Foreclosure Investment System". Dive deep into properties, transform them into profits, and shape your financial future, all for just $49.
๐ Enroll Now
๐ก Unlock Your Foreclosure Potential with Donny
Ready to secure a minimum profit of $25,000 on your first deal? Donny's "Do it with you" coaching model guides you step-by-step. Turn potential into profit.
๐ Schedule Your Call Now
๐ฅ Join the Foreclosure Experts
Step into our dedicated community. Gain expert insights, strategies, and connect with like-minded investors.
๐ Facebook Group
๐ The Ultimate Foreclosure Hub
Equip yourself with the best-in-class resources, strategies, and updates from the foreclosure world. Your investment journey, elevated.
๐ Official Website
๐ค Network with Donny Coram, The Foreclosure Deals Coach
Forge connections, share your journey, or simply drop a hello!
๐ LinkedIn
๐ Instagram
Note: Some links may be affiliate. Your support keeps us creating quality content.
Embarking on the path of foreclosure investing can feel like navigating a dense, uncharted forest. That's where Cameron Hunt's story begins, as he joins us on the Foreclosure Deals Coach Podcast to recount his journey and how our coaching program is helping to carve out his path to a secure retirement. Cameron opens up about the hurdles he faced and how personalized mentorship has crafted a strategy tailored to his financial landscape, setting him up to confidently stride towards his first real estate deal. As we dissect the intricate dance of foreclosure investing, we underscore the indispensable role of having an experienced guide to avoid missteps and capitalize on opportunities.
๐ Master Foreclosure Investment with Donny
Learn the secrets with the "5 Fโs of Foreclosure Investment System". Dive deep into properties, transform them into profits, and shape your financial future, all for just $49.
๐ Enroll Now
๐ก Unlock Your Foreclosure Potential with Donny
Ready to secure a minimum profit of $25,000 on your first deal? Donny's "Do it with you" coaching model guides you step-by-step. Turn potential into profit.
๐ Schedule Your Call Now
๐ฅ Join the Foreclosure Experts
Step into our dedicated community. Gain expert insights, strategies, and connect with like-minded investors.
๐ Facebook Group
๐ The Ultimate Foreclosure Hub
Equip yourself with the best-in-class resources, strategies, and updates from the foreclosure world. Your investment journey, elevated.
๐ Official Website
๐ค Network with Donny Coram, The Foreclosure Deals Coach
Forge connections, share your journey, or simply drop a hello!
๐ LinkedIn
๐ Instagram
Note: Some links may be affiliate. Your support keeps us creating quality content.
Ever wondered how a foreclosure sign on a front lawn could signal a golden investment opportunity? Join me, Donny Corum, your Foreclosure Deals Coach, as I peel back the curtain on the lucrative world of foreclosure investing, spotlighting the often-overlooked HUD foreclosures. I'll take you through my personal journey, from the allure of higher commissions to the thrill of uncovering investment potential, and show you why these properties should be on your radar, especially if you're considering making one your home.
๐ Master Foreclosure Investment with Donny
Learn the secrets with the "5 Fโs of Foreclosure Investment System". Dive deep into properties, transform them into profits, and shape your financial future, all for just $49.
๐ Enroll Now
๐ก Unlock Your Foreclosure Potential with Donny
Ready to secure a minimum profit of $25,000 on your first deal? Donny's "Do it with you" coaching model guides you step-by-step. Turn potential into profit.
๐ Schedule Your Call Now
๐ฅ Join the Foreclosure Experts
Step into our dedicated community. Gain expert insights, strategies, and connect with like-minded investors.
๐ Facebook Group
๐ The Ultimate Foreclosure Hub
Equip yourself with the best-in-class resources, strategies, and updates from the foreclosure world. Your investment journey, elevated.
๐ Official Website
๐ค Network with Donny Coram, The Foreclosure Deals Coach
Forge connections, share your journey, or simply drop a hello!
๐ LinkedIn
๐ Instagram
Note: Some links may be affiliate. Your support keeps us creating quality content.
Discover the transformational journey of Samantha from New Jersey, whose foray into foreclosure investing led to an incredible first-time property purchase in Pueblo, Coloradoโsight unseen! In her chat with us, Samantha lays bare the thrilling and nerve-wracking experience of wiring substantial funds and closing a property deal in just ten days, all through the guidance of our Foreclosure Profit System. This episode is a testament to the leaps of faith and the calculated risks that come with stepping into the world of real estate investment for financial freedom.
๐ Master Foreclosure Investment with Donny
Learn the secrets with the "5 Fโs of Foreclosure Investment System". Dive deep into properties, transform them into profits, and shape your financial future, all for just $49.
๐ Enroll Now
๐ก Unlock Your Foreclosure Potential with Donny
Ready to secure a minimum profit of $25,000 on your first deal? Donny's "Do it with you" coaching model guides you step-by-step. Turn potential into profit.
๐ Schedule Your Call Now
๐ฅ Join the Foreclosure Experts
Step into our dedicated community. Gain expert insights, strategies, and connect with like-minded investors.
๐ Facebook Group
๐ The Ultimate Foreclosure Hub
Equip yourself with the best-in-class resources, strategies, and updates from the foreclosure world. Your investment journey, elevated.
๐ Official Website
๐ค Network with Donny Coram, The Foreclosure Deals Coach
Forge connections, share your journey, or simply drop a hello!
๐ LinkedIn
๐ Instagram
Note: Some links may be affiliate. Your support keeps us creating quality content.
Rising interest rates have you worried about your real estate investment strategies? Fear not, as we peel back the curtain on the transformative mindset required to not just survive, but thrive in the fluctuating real estate market. It's all about embracing risk, leveraging other people's money, and understanding the potential goldmine that is foreclosure investments. This episode challenges the fears that shroud many investors' decisions in today's economic climate, offering up a fresh perspective on why real estate still holds its value as a sound venture.
๐ Master Foreclosure Investment with Donny
Learn the secrets with the "5 Fโs of Foreclosure Investment System". Dive deep into properties, transform them into profits, and shape your financial future, all for just $49.
๐ Enroll Now
๐ก Unlock Your Foreclosure Potential with Donny
Ready to secure a minimum profit of $25,000 on your first deal? Donny's "Do it with you" coaching model guides you step-by-step. Turn potential into profit.
๐ Schedule Your Call Now
๐ฅ Join the Foreclosure Experts
Step into our dedicated community. Gain expert insights, strategies, and connect with like-minded investors.
๐ Facebook Group
๐ The Ultimate Foreclosure Hub
Equip yourself with the best-in-class resources, strategies, and updates from the foreclosure world. Your investment journey, elevated.
๐ Official Website
๐ค Network with Donny Coram, The Foreclosure Deals Coach
Forge connections, share your journey, or simply drop a hello!
๐ LinkedIn
๐ Instagram
Note: Some links may be affiliate. Your support keeps us creating quality content.
Has the thought of investing in foreclosures intimidated you? You're not alone. Dive into this video where we demystify foreclosure investing and guide you step-by-step on how to overcome common fears. With the right knowledge and mindset, you'll be ready to grab those golden opportunities in no time. Don't let fear dictate your financial future. Subscribe for more real estate insights!
๐ Master Foreclosure Investment with Donny
Learn the secrets with the "5 Fโs of Foreclosure Investment System". Dive deep into properties, transform them into profits, and shape your financial future, all for just $49.
๐ Enroll Now
๐ก Unlock Your Foreclosure Potential with Donny
Ready to secure a minimum profit of $25,000 on your first deal? Donny's "Do it with you" coaching model guides you step-by-step. Turn potential into profit.
๐ Schedule Your Call Now
๐ฅ Join the Foreclosure Experts
Step into our dedicated community. Gain expert insights, strategies, and connect with like-minded investors.
๐ Facebook Group
๐ The Ultimate Foreclosure Hub
Equip yourself with the best-in-class resources, strategies, and updates from the foreclosure world. Your investment journey, elevated.
๐ Official Website
๐ค Network with Donny Coram, The Foreclosure Deals Coach
Forge connections, share your journey, or simply drop a hello!
๐ LinkedIn
๐ Instagram
Note: Some links may be affiliate. Your support keeps us creating quality content.
Join Donny Coram of the Foreclosure Deals Coach podcast as he unveils three vital, often overlooked strategies in the foreclosure market. Think you're a pro? This episode might surprise you.
๐ Master Foreclosure Investment with Donny
Learn the secrets with the "5 Fโs of Foreclosure Investment System". Dive deep into properties, transform them into profits, and shape your financial future, all for just $49.
๐ Enroll Now
๐ก Unlock Your Foreclosure Potential with Donny
Ready to secure a minimum profit of $25,000 on your first deal? Donny's "Do it with you" coaching model guides you step-by-step. Turn potential into profit.
๐ Schedule Your Call Now
๐ฅ Join the Foreclosure Experts
Step into our dedicated community. Gain expert insights, strategies, and connect with like-minded investors.
๐ Facebook Group
๐ The Ultimate Foreclosure Hub
Equip yourself with the best-in-class resources, strategies, and updates from the foreclosure world. Your investment journey, elevated.
๐ Official Website
๐ค Network with Donny Coram, The Foreclosure Deals Coach
Forge connections, share your journey, or simply drop a hello!
๐ LinkedIn
๐ Instagram
Note: Some links may be affiliate. Your support keeps us creating quality content.
In this must-listen episode of the Foreclosure Deals Podcast, Donny Coram sits down with Benson Juarez, the mastermind behind Privy. Discover how this revolutionary software is changing the game for real estate investors, making deal-finding not just easy, but incredibly efficient. Whether you're a seasoned investor or just starting out, you won't want to miss this deep dive into Privy's capabilities and how Donny leverages it to find the most profitable deals. Tune in and elevate your investing game!
๐ Master Foreclosure Investment with Donny
Learn the secrets with the "5 Fโs of Foreclosure Investment System". Dive deep into properties, transform them into profits, and shape your financial future, all for just $49.
๐ Enroll Now
๐ก Unlock Your Foreclosure Potential with Donny
Ready to secure a minimum profit of $25,000 on your first deal? Donny's "Do it with you" coaching model guides you step-by-step. Turn potential into profit.
๐ Schedule Your Call Now
๐ฅ Join the Foreclosure Experts
Step into our dedicated community. Gain expert insights, strategies, and connect with like-minded investors.
๐ Facebook Group
๐ The Ultimate Foreclosure Hub
Equip yourself with the best-in-class resources, strategies, and updates from the foreclosure world. Your investment journey, elevated.
๐ Official Website
๐ค Network with Donny Coram, The Foreclosure Deals Coach
Forge connections, share your journey, or simply drop a hello!
๐ LinkedIn
๐ Instagram
Note: Some links may be affiliate. Your support keeps us creating quality content.
In this video, Donny Coram the Foreclosure Deals Coach dives deep into the world of deal flow beyond the foreclosure market. Join him on a journey as he explore strategies, tactics, and insights to help you generate more real estate deals. Discover the keys to success in the competitive real estate market and take your deal flow to the next level. Don't miss out on this exclusive opportunity to supercharge your real estate endeavors.
๐ Master Foreclosure Investment with Donny
Learn the secrets with the "5 Fโs of Foreclosure Investment System". Dive deep into properties, transform them into profits, and shape your financial future, all for just $49.
๐ Enroll Now
๐ก Unlock Your Foreclosure Potential with Donny
Ready to secure a minimum profit of $25,000 on your first deal? Donny's "Do it with you" coaching model guides you step-by-step. Turn potential into profit.
๐ Schedule Your Call Now
๐ฅ Join the Foreclosure Experts
Step into our dedicated community. Gain expert insights, strategies, and connect with like-minded investors.
๐ Facebook Group
๐ The Ultimate Foreclosure Hub
Equip yourself with the best-in-class resources, strategies, and updates from the foreclosure world. Your investment journey, elevated.
๐ Official Website
๐ค Network with Donny Coram, The Foreclosure Deals Coach
Forge connections, share your journey, or simply drop a hello!
๐ LinkedIn
๐ Instagram
Note: Some links may be affiliate. Your support keeps us creating quality content.
In this video, I'm going to show you a way to revive your real estate game plan during a flat market.
Many real estate investors may be feeling frustrated and lost during this challenging market. That's why I'm here to help! I have decades of experience in the real estate market, and I'm here to share with you some tips on how to succeed in a flat market. I'll show you tips on how to revive your game plan and turn your house into a profitable investment!
๐ Master Foreclosure Investment with Donny
Learn the secrets with the "5 Fโs of Foreclosure Investment System". Dive deep into properties, transform them into profits, and shape your financial future, all for just $49.
๐ Enroll Now
๐ก Unlock Your Foreclosure Potential with Donny
Ready to secure a minimum profit of $25,000 on your first deal? Donny's "Do it with you" coaching model guides you step-by-step. Turn potential into profit.
๐ Schedule Your Call Now
๐ฅ Join the Foreclosure Experts
Step into our dedicated community. Gain expert insights, strategies, and connect with like-minded investors.
๐ Facebook Group
๐ The Ultimate Foreclosure Hub
Equip yourself with the best-in-class resources, strategies, and updates from the foreclosure world. Your investment journey, elevated.
๐ Official Website
๐ค Network with Donny Coram, The Foreclosure Deals Coach
Forge connections, share your journey, or simply drop a hello!
๐ LinkedIn
๐ Instagram
Note: Some links may be affiliate. Your support keeps us creating quality content.
In this enlightening episode of Donny Coram's podcast, we delve deep into the intriguing world of construction. Donny Coram, the renowned Foreclosure Deals Coach, hosts an engaging conversation exploring the fundamental differences between a project manager and a general contractor. ๐๏ธ
๐ Master Foreclosure Investment with Donny
Learn the secrets with the "5 Fโs of Foreclosure Investment System". Dive deep into properties, transform them into profits, and shape your financial future, all for just $49.
๐ Enroll Now
๐ก Unlock Your Foreclosure Potential with Donny
Ready to secure a minimum profit of $25,000 on your first deal? Donny's "Do it with you" coaching model guides you step-by-step. Turn potential into profit.
๐ Schedule Your Call Now
๐ฅ Join the Foreclosure Experts
Step into our dedicated community. Gain expert insights, strategies, and connect with like-minded investors.
๐ Facebook Group
๐ The Ultimate Foreclosure Hub
Equip yourself with the best-in-class resources, strategies, and updates from the foreclosure world. Your investment journey, elevated.
๐ Official Website
๐ค Network with Donny Coram, The Foreclosure Deals Coach
Forge connections, share your journey, or simply drop a hello!
๐ LinkedIn
๐ Instagram
Note: Some links may be affiliate. Your support keeps us creating quality content.
Are you considering your first foreclosure flip? ๐ Don't dive in blindly! In this video, Donny Coram the Foreclosure Deals Coach walks you through the essential Do's and Don'ts of completing your first foreclosure flip. From costly mistakes to avoid to pro tips for success, he's got you covered!
๐ Master Foreclosure Investment with Donny
Learn the secrets with the "5 Fโs of Foreclosure Investment System". Dive deep into properties, transform them into profits, and shape your financial future, all for just $49.
๐ Enroll Now
๐ก Unlock Your Foreclosure Potential with Donny
Ready to secure a minimum profit of $25,000 on your first deal? Donny's "Do it with you" coaching model guides you step-by-step. Turn potential into profit.
๐ Schedule Your Call Now
๐ฅ Join the Foreclosure Experts
Step into our dedicated community. Gain expert insights, strategies, and connect with like-minded investors.
๐ Facebook Group
๐ The Ultimate Foreclosure Hub
Equip yourself with the best-in-class resources, strategies, and updates from the foreclosure world. Your investment journey, elevated.
๐ Official Website
๐ค Network with Donny Coram, The Foreclosure Deals Coach
Forge connections, share your journey, or simply drop a hello!
๐ LinkedIn
๐ Instagram
Note: Some links may be affiliate. Your support keeps us creating quality content.
Are you looking for investor title companies to help you finance your deals? In this video, I'll unveil the secret to finding title companies that are perfect for your needs.
Donny Coram is the Foreclosure Deals Coach and he's here to help you find title companies that are right for your deals. He'll show you how to find the right company and how to negotiate the best terms for your investment. This video is a must-see if you're looking to finance your Real Estate deals using investor title companies!
Watch the FREE TRAINING on the 5 Limiting Beliefs holding you back for attempting your first Foreclosure Flip HERE.
Check out my FREE TRAINING on my TOP 5 SUPER SECRET Deal Finding SOURCES HERE!
========================
Subscribe and Watch the Foreclosure Deals Coach Podcast HERE:๐ฑ
===========================
Here are the ways to work with me here at Foreclosure Deals Coach:
===========================
โก๏ธFREE TRAINING: Watch our FREE Deal Finding Sources class here: โก๏ธGO NOW
โก๏ธJoin our Community TODAY: โก๏ธGO NOW
โก๏ธONLINE EDUCATION: Check out my FREE Limiting Beliefs Video: โก๏ธGO NOW
===========================
Connect with Donny Coram on Social Media:
===========================
โก๏ธLinkedIn
โก๏ธFacebook
โก๏ธInstagram
===========================
Some product links are affiliate links which means if you buy something we'll receive a small commission.
In this video, I'm going to teach you how to analyze a deal, fix a flip, and flip a foreclosure deal like a pro.
There's a lot of guesswork involved in fixing and flipping homes, and I'm here to help you eliminate as much of that as possible. In this video, I'll teach you the three numbers you need to know in order to make a successful fix and flip. After watching this video, you'll be able to fix and flip homes with confidence!
Watch the FREE TRAINING on the 5 Limiting Beliefs holding you back for attempting your first Foreclosure Flip HERE.
Check out my FREE TRAINING on my TOP 5 SUPER SECRET Deal Finding SOURCES HERE!
========================
Subscribe and Watch the Foreclosure Deals Coach Podcast HERE:๐ฑ
===========================
Here are the ways to work with me here at Foreclosure Deals Coach:
===========================
โก๏ธFREE TRAINING: Watch our FREE Deal Finding Sources class here: โก๏ธGO NOW
โก๏ธJoin our Community TODAY: โก๏ธGO NOW
โก๏ธONLINE EDUCATION: Check out my FREE Limiting Beliefs Video: โก๏ธGO NOW
===========================
Connect with Donny Coram on Social Media:
===========================
โก๏ธLinkedIn
โก๏ธFacebook
โก๏ธInstagram
===========================
Some product links are affiliate links which means if you buy something we'll receive a small commission.
Watch the FREE TRAINING on the 5 Limiting Beliefs holding you back for attempting your first Foreclosure Flip HERE.
Check out my FREE TRAINING on my TOP 5 SUPER SECRET Deal Finding SOURCES HERE!
========================
Subscribe and Watch the Foreclosure Deals Coach Podcast HERE:๐ฑ
===========================
Here are the ways to work with me here at Foreclosure Deals Coach:
===========================
โก๏ธFREE TRAINING: Watch our FREE Deal Finding Sources class here: โก๏ธGO NOW
โก๏ธJoin our Community TODAY: โก๏ธGO NOW
โก๏ธONLINE EDUCATION: Check out my FREE Limiting Beliefs Video: โก๏ธGO NOW
===========================
Connect with Donny Coram on Social Media:
===========================
โก๏ธLinkedIn
โก๏ธFacebook
โก๏ธInstagram
===========================
Some product links are affiliate links which means if you buy something we'll receive a small commission.
On the latest episode of the Foreclosure Deals Coach Podcast Donny dives into all the mistakes he has made through the years. Tune in so you can avoid these common mistakes in the foreclosure investing.
Watch the FREE TRAINING on the 5 Limiting Beliefs holding you back for attempting your first Foreclosure Flip HERE.
Check out my FREE TRAINING on my TOP 5 SUPER SECRET Deal Finding SOURCES HERE!
========================
Subscribe and Watch the Foreclosure Deals Coach Podcast HERE:๐ฑ
===========================
Here are the ways to work with me here at Foreclosure Deals Coach:
===========================
โก๏ธFREE TRAINING: Watch our FREE Deal Finding Sources class here: โก๏ธGO NOW
โก๏ธJoin our Community TODAY: โก๏ธGO NOW
โก๏ธONLINE EDUCATION: Check out my FREE Limiting Beliefs Video: โก๏ธGO NOW
===========================
Connect with Donny Coram on Social Media:
===========================
โก๏ธLinkedIn
โก๏ธFacebook
โก๏ธInstagram
===========================
Some product links are affiliate links which means if you buy something we'll receive a small commission.
Donny discusses the myths behind foreclosure investing and sets things right in the latest episode of the Foreclosure Deals Coach podcast. Lear about the truth behind this.
Watch the FREE TRAINING on the 5 Limiting Beliefs holding you back for attempting your first Foreclosure Flip HERE.
Check out my FREE TRAINING on my TOP 5 SUPER SECRET Deal Finding SOURCES HERE!
========================
Subscribe and Watch the Foreclosure Deals Coach Podcast HERE:๐ฑ
===========================
Here are the ways to work with me here at Foreclosure Deals Coach:
===========================
โก๏ธFREE TRAINING: Watch our FREE Deal Finding Sources class here: โก๏ธGO NOW
โก๏ธJoin our Community TODAY: โก๏ธGO NOW
โก๏ธONLINE EDUCATION: Check out my FREE Limiting Beliefs Video: โก๏ธGO NOW
===========================
Connect with Donny Coram on Social Media:
===========================
โก๏ธLinkedIn
โก๏ธFacebook
โก๏ธInstagram
===========================
Some product links are affiliate links which means if you buy something we'll receive a small commission.
In this video, Donny Coram, the foreclosure deals coach, interviews Ace Haggerty, the author of "Superhero by Design."
Ace discusses the mindset secrets of a successful superhero, and how you can apply them to your own life. learn how to let go of the stress and focus on the positive, no matter what life throws your way.
If you're looking for a superhero by design, look no further than Ace Haggerty! his insights into the mindset of a successful superhero are worth listening to. You'll learn how to let go of the stress and focus on the positive, no matter what life throws your way.
Watch the FREE TRAINING on the 5 Limiting Beliefs holding you back for attempting your first Foreclosure Flip HERE.
Check out my FREE TRAINING on my TOP 5 SUPER SECRET Deal Finding SOURCES HERE!
========================
Subscribe and Watch the Foreclosure Deals Coach Podcast HERE:๐ฑ
===========================
Here are the ways to work with me here at Foreclosure Deals Coach:
===========================
โก๏ธFREE TRAINING: Watch our FREE Deal Finding Sources class here: โก๏ธGO NOW
โก๏ธJoin our Community TODAY: โก๏ธGO NOW
โก๏ธONLINE EDUCATION: Check out my FREE Limiting Beliefs Video: โก๏ธGO NOW
===========================
Connect with Donny Coram on Social Media:
===========================
โก๏ธLinkedIn
โก๏ธFacebook
โก๏ธInstagram
===========================
Some product links are affiliate links which means if you buy something we'll receive a small commission.
Whether you're a seasoned investor or just starting out, this episode of the Foreclosure Deals Coach Podcast is a must-listen. Gain the knowledge, confidence, and skills necessary to navigate the intricate world of foreclosure deals and maximize your real estate portfolio's potential. Join your host Donny Coram on another exciting episode of the Foreclosure Deals Coach Podcast as he welcomes renowned real estate coach, Chris Prefontane, founder of Wicked Smart Kickstart. In this power-packed episode, Donny and Chris dive deep into the world of foreclosure deals, providing you with valuable insights, strategies, and tips to conquer the real estate market.
https://www.facebook.com/smartrealestatecoach/
https://www.youtube.com/user/smartrealestatecoach
https://wickedsmartacademy.com/
Watch the FREE TRAINING on the 5 Limiting Beliefs holding you back for attempting your first Foreclosure Flip HERE.
Check out my FREE TRAINING on my TOP 5 SUPER SECRET Deal Finding SOURCES HERE!
========================
Subscribe and Watch the Foreclosure Deals Coach Podcast HERE:๐ฑ
===========================
Here are the ways to work with me here at Foreclosure Deals Coach:
===========================
โก๏ธFREE TRAINING: Watch our FREE Deal Finding Sources class here: โก๏ธGO NOW
โก๏ธJoin our Community TODAY: โก๏ธGO NOW
โก๏ธONLINE EDUCATION: Check out my FREE Limiting Beliefs Video: โก๏ธGO NOW
===========================
Connect with Donny Coram on Social Media:
===========================
โก๏ธLinkedIn
โก๏ธFacebook
โก๏ธInstagram
===========================
Some product links are affiliate links which means if you buy something we'll receive a small commission.
On todays episode Donny talks about getting started in Foreclosure investing and how more education is not the solution.
Watch the FREE TRAINING on the 5 Limiting Beliefs holding you back for attempting your first Foreclosure Flip HERE.
Check out my FREE TRAINING on my TOP 5 SUPER SECRET Deal Finding SOURCES HERE!
========================
Subscribe and Watch the Foreclosure Deals Coach Podcast HERE:๐ฑ
===========================
Here are the ways to work with me here at Foreclosure Deals Coach:
===========================
โก๏ธFREE TRAINING: Watch our FREE Deal Finding Sources class here: โก๏ธGO NOW
โก๏ธJoin our Community TODAY: โก๏ธGO NOW
โก๏ธONLINE EDUCATION: Check out my FREE Limiting Beliefs Video: โก๏ธGO NOW
===========================
Connect with Donny Coram on Social Media:
===========================
โก๏ธLinkedIn
โก๏ธFacebook
โก๏ธInstagram
===========================
Some product links are affiliate links which means if you buy something we'll receive a small commission.
Watch the FREE TRAINING on the 5 Limiting Beliefs holding you back for attempting your first Foreclosure Flip HERE.
Check out my FREE TRAINING on my TOP 5 SUPER SECRET Deal Finding SOURCES HERE!
========================
Subscribe and Watch the Foreclosure Deals Coach Podcast HERE:๐ฑ
===========================
Here are the ways to work with me here at Foreclosure Deals Coach:
===========================
โก๏ธFREE TRAINING: Watch our FREE Deal Finding Sources class here: โก๏ธGO NOW
โก๏ธJoin our Community TODAY: โก๏ธGO NOW
โก๏ธONLINE EDUCATION: Check out my FREE Limiting Beliefs Video: โก๏ธGO NOW
===========================
Connect with Donny Coram on Social Media:
===========================
โก๏ธLinkedIn
โก๏ธFacebook
โก๏ธInstagram
===========================
Some product links are affiliate links which means if you buy something we'll receive a small commission.
In this latest episode Donny Coram the Foreclosure Deals Coach discusses why the feds will not raise interest rates. Tune in to find out what he discovered and how this information can affect you and your future deals.
Watch the FREE TRAINING on the 5 Limiting Beliefs holding you back for attempting your first Foreclosure Flip HERE.
Check out my FREE TRAINING on my TOP 5 SUPER SECRET Deal Finding SOURCES HERE!
========================
Subscribe and Watch the Foreclosure Deals Coach Podcast HERE:๐ฑ
===========================
Here are the ways to work with me here at Foreclosure Deals Coach:
===========================
โก๏ธFREE TRAINING: Watch our FREE Deal Finding Sources class here: โก๏ธGO NOW
โก๏ธJoin our Community TODAY: โก๏ธGO NOW
โก๏ธONLINE EDUCATION: Check out my FREE Limiting Beliefs Video: โก๏ธGO NOW
===========================
Connect with Donny Coram on Social Media:
===========================
โก๏ธLinkedIn
โก๏ธFacebook
โก๏ธInstagram
===========================
Some product links are affiliate links which means if you buy something we'll receive a small commission.
Today Donny discusses why using Zillow for your comps can costs you in the end. Tune in to find what to do and what not to do when finding deals. Plus discover what tools Donny uses to compare his properties.
Today's Articles and Links
========================
https://www.geekwire.com/2022/after-ditching-home-buying-business-zillow-group-partners-with-rival-opendoor/#:~:text=Zillow%20last%20year%20decided%20to,and%20a%2025%25%20workforce%20reduction.
Watch the FREE TRAINING on the 5 Limiting Beliefs holding you back for attempting your first Foreclosure Flip HERE.
Check out my FREE TRAINING on my TOP 5 SUPER SECRET Deal Finding SOURCES HERE!
========================
Subscribe and Watch the Foreclosure Deals Coach Podcast HERE:๐ฑ
===========================
Here are the ways to work with me here at Foreclosure Deals Coach:
===========================
โก๏ธFREE TRAINING: Watch our FREE Deal Finding Sources class here: โก๏ธGO NOW
โก๏ธJoin our Community TODAY: โก๏ธGO NOW
โก๏ธONLINE EDUCATION: Check out my FREE Limiting Beliefs Video: โก๏ธGO NOW
===========================
Connect with Donny Coram on Social Media:
===========================
โก๏ธLinkedIn
โก๏ธFacebook
โก๏ธInstagram
===========================
Some product links are affiliate links which means if you buy something we'll receive a small commission.
Join host Donny Coram on "The Foreclosure Deals Coach" as he reveals powerful deal hunting strategies that can lead you to big wins in the foreclosure market. Discover insider tips, unconventional approaches, and proven techniques to uncover hidden gems and secure incredible deals. Whether you're a seasoned investor or just starting out, this episode will equip you with the knowledge and tactics needed to maximize your success in the competitive world of foreclosure investing. Tune in now and get ready to level up your deal hunting game!
Watch the FREE TRAINING on the 5 Limiting Beliefs holding you back for attempting your first Foreclosure Flip HERE.
Check out my FREE TRAINING on my TOP 5 SUPER SECRET Deal Finding SOURCES HERE!
========================
Subscribe and Watch the Foreclosure Deals Coach Podcast HERE:๐ฑ
===========================
Here are the ways to work with me here at Foreclosure Deals Coach:
===========================
โก๏ธFREE TRAINING: Watch our FREE Deal Finding Sources class here: โก๏ธGO NOW
โก๏ธJoin our Community TODAY: โก๏ธGO NOW
โก๏ธONLINE EDUCATION: Check out my FREE Limiting Beliefs Video: โก๏ธGO NOW
===========================
Connect with Donny Coram on Social Media:
===========================
โก๏ธLinkedIn
โก๏ธFacebook
โก๏ธInstagram
===========================
Some product links are affiliate links which means if you buy something we'll receive a small commission.
Discover the hidden potential of condemned properties and unlock unbelievable profits with host Donny Coram on the Foreclosure Deals Coach Podcast. Join us for this eye-opening episode where you'll learn the insider strategies to turn overlooked properties into cash-flowing gems. Don't miss out on this game-changing opportunity! Subscribe now for actionable insights that can transform your real estate investments.
Show Notes
Want to get Started becoming a Real Estate Investor?
Are you a real estate professional ready to transition into becoming a full time real estate investor? If so click this calendly link to schedule your coaching assessment call with Donny today.
Find and Analyze Deals Like a professional.
Get access to the software I use daily to find and figure out my number on the Deals.Click here to analyze deals with Privy.http://bit.ly/fdcprivy
Join the conversation today.
Facebook Group - Foreclosure Deals Coach http://fdcoachgroup.com
Facebook Page - Foreclosure Deals Coach http://facebook.com/foreclosuredealscoach
Want to learn more from Donny Coram?
Download the FREE ebook "The Hidden Foreclosure Deals Market"I want my free ebook NOW! http://bit.ly/fdcbook
Join host Donny Coram on the Foreclosure Deals Coach Podcast as he uncovers the secret to predicting the foreclosure market in this eye-opening episode titled "Cracking the Code." Gain valuable insights, proven strategies, and cutting-edge techniques to stay ahead in the real estate industry. Don't miss out! Subscribe now for a wealth of knowledge that can change your financial future.
Show Notes
Want to get Started becoming a Real Estate Investor?
Are you a real estate professional ready to transition into becoming a full time real estate investor? If so click this calendly link to schedule your coaching assessment call with Donny today.
Find and Analyze Deals Like a professional.
Get access to the software I use daily to find and figure out my number on the Deals.Click here to analyze deals with Privy.http://bit.ly/fdcprivy
Join the conversation today.
Facebook Group - Foreclosure Deals Coach http://fdcoachgroup.com
Facebook Page - Foreclosure Deals Coach http://facebook.com/foreclosuredealscoach
Want to learn more from Donny Coram?
Download the FREE ebook "The Hidden Foreclosure Deals Market"I want my free ebook NOW! http://bit.ly/fdcbook
On today's episode of "The Foreclosure Deals Coach" podcast, hosted by the knowledgeable Donny Coram, dive into the lucrative world of pre-foreclosure investing and discover the secrets to making crazy profit spreads. Join Donny as he shares his expert insights and strategies that can help you capitalize on the pre-foreclosure market, unlocking opportunities for substantial financial gains. Whether you're a seasoned investor or just starting out, this podcast is your go-to resource for learning how to maximize your profits and navigate the pre-foreclosure landscape like a pro. Tune in now and unlock the potential for extraordinary financial success in the world of real estate investing.
Show Notes
Want to get Started becoming a Real Estate Investor?
Are you a real estate professional ready to transition into becoming a full time real estate investor? If so click this calendly link to schedule your coaching assessment call with Donny today.
Find and Analyze Deals Like a professional.
Get access to the software I use daily to find and figure out my number on the Deals.Click here to analyze deals with Privy.http://bit.ly/fdcprivy
Join the conversation today.
Facebook Group - Foreclosure Deals Coach http://fdcoachgroup.com
Facebook Page - Foreclosure Deals Coach http://facebook.com/foreclosuredealscoach
Want to learn more from Donny Coram?
Download the FREE ebook "The Hidden Foreclosure Deals Market"I want my free ebook NOW! http://bit.ly/fdcbook
Looking to make your first real estate deal but feeling discouraged and frustrated? Tune in to this episode of "Foreclosure Deals Coach" hosted by Donny Coram, where he shares the famous story of "3 feet from gold." Learn how success is often just within reach, and how to persevere through challenges and setbacks to achieve your goals.
Donny draws on his experience as a real estate coach to offer practical tips and insights to help aspiring real estate investors overcome common obstacles and take advantage of opportunities. Whether you're just starting out or looking to take your investing to the next level, this episode is packed with actionable advice to help you succeed in real estate.
So if you're ready to learn how to stay motivated, stay focused, and take your real estate investing to the next level, be sure to tune in to "Foreclosure Deals Coach" and discover how you're just 3 feet from gold!
Show Notes
Want to get Started becoming a Real Estate Investor?
Are you a real estate professional ready to transition into becoming a full time real estate investor? If so click this calendly link to schedule your coaching assessment call with Donny today.
Find and Analyze Deals Like a professional.
Get access to the software I use daily to find and figure out my number on the Deals.Click here to analyze deals with Privy.http://bit.ly/fdcprivy
Join the conversation today.
Facebook Group - Foreclosure Deals Coach http://fdcoachgroup.com
Facebook Page - Foreclosure Deals Coach http://facebook.com/foreclosuredealscoach
Want to learn more from Donny Coram?
Download the FREE ebook "The Hidden Foreclosure Deals Market"I want my free ebook NOW! http://bit.ly/fdcbook
Welcome to the Foreclosure Deals Coach Podcast, hosted by Donny Coram. In this episode, we'll be discussing four different real estate investing strategies that can help you get started in the industry.
First, we'll cover "House Hacking," a method that involves purchasing a property and living in one unit while renting out the others. This strategy can generate rental income and reduce your living expenses.
Next, we'll explore "Wholesaling," which involves finding discounted properties and selling them to investors for a profit. This can be a quick way to get started in real estate investing without needing a lot of capital or credit.
We'll also discuss "Real Estate Investment Trusts (REITs)," which are companies that own and operate income-producing real estate. Investing in a REIT can provide the benefits of diversification and allow you to invest in real estate without owning any physical property.
Finally, we'll delve into "Foreclosure Flipping," a strategy that involves purchasing and renovating foreclosed properties for a profit. While this can be a fast way to make money in real estate, it's important to understand the local market and foreclosure process to minimize risk.
Join us for this informative episode of the Foreclosure Deals Coach Podcast and learn how these real estate investing strategies can help you achieve your financial goals.
Show Notes
Want to get Started becoming a Real Estate Investor?
Are you a real estate professional ready to transition into becoming a full time real estate investor? If so click this calendly link to schedule your coaching assessment call with Donny today.
Find and Analyze Deals Like a professional.
Get access to the software I use daily to find and figure out my number on the Deals.Click here to analyze deals with Privy.http://bit.ly/fdcprivy
Join the conversation today.
Facebook Group - Foreclosure Deals Coach http://fdcoachgroup.com
Facebook Page - Foreclosure Deals Coach http://facebook.com/foreclosuredealscoach
Want to learn more from Donny Coram?
Download the FREE ebook "The Hidden Foreclosure Deals Market"I want my free ebook NOW! http://bit.ly/fdcbook
In this episode, I interview Mike Bancroft of Traction Capital about the lending programs that are helping my students to get deals funded in the current market shift. The Real Estate Investing game is about relationships and as a Dealhunter this relationship will help get you from zero to your first foreclosure deal in record time.
Show Notes
Want to get Started becoming a Real Estate Investor?
Are you a real estate professional ready to transition into becoming a full time real estate investor? If so click this calendly link to schedule your coaching assessment call with Donny today.
Find and Analyze Deals Like a professional.
Get access to the software I use daily to find and figure out my number on the Deals.Click here to analyze deals with Privy.http://bit.ly/fdcprivy
Join the conversation today.
Facebook Group - Foreclosure Deals Coach http://fdcoachgroup.com
Facebook Page - Foreclosure Deals Coach http://facebook.com/foreclosuredealscoach
Want to learn more from Donny Coram?
Download the FREE ebook "The Hidden Foreclosure Deals Market"I want my free ebook NOW! http://bit.ly/fdcbook
In this video, Donny Coram shares his tactics for raising money to invest in real estate. He emphasizes the importance of taking action and getting your money together, whether that means reaching out to family and friends or leveraging equity. Donny also highlights the current market shift and the need for investors to be prepared for the next market by developing their skills and taking calculated risks. He stresses that the skills he teaches in this video will be extremely valuable in the next two years, as the real estate market becomes increasingly complicated. Don't miss out on this valuable advice for raising the capital you need to start investing in real estate. Check out the article in the description for more tips on good returns on investment.
Article: HERE
Show Notes
Want to get Started becoming a Real Estate Investor?
Are you a real estate professional ready to transition into becoming a full time real estate investor? If so click this calendly link to schedule your coaching assessment call with Donny today.
Find and Analyze Deals Like a professional.
Get access to the software I use daily to find and figure out my number on the Deals.Click here to analyze deals with Privy.http://bit.ly/fdcprivy
Join the conversation today.
Facebook Group - Foreclosure Deals Coach http://fdcoachgroup.com
Facebook Page - Foreclosure Deals Coach http://facebook.com/foreclosuredealscoach
Want to learn more from Donny Coram?
Download the FREE ebook "The Hidden Foreclosure Deals Market"I want my free ebook NOW! http://bit.ly/fdcbook
In this episode, I'll share with you how you can leverage your military service to invest in real estate using VA 203K loans. Learn the tactics to fund your rehab, build equity quickly, and flip the property to get the funding for your deal. Don't miss this opportunity to use your military service to jumpstart your real estate investment journey! Plus, I'll introduce you to a valuable tool - traccap.com - where you can register for a funding meeting to get your loan set up and be ready for your next deal.
Article: VA Rehab And Renovation Loans | Bankrate
Show Notes
Want to get Started becoming a Real Estate Investor?
Are you a real estate professional ready to transition into becoming a full time real estate investor? If so click this calendly link to schedule your coaching assessment call with Donny today.
Find and Analyze Deals Like a professional.
Get access to the software I use daily to find and figure out my number on the Deals.Click here to analyze deals with Privy.http://bit.ly/fdcprivy
Join the conversation today.
Facebook Group - Foreclosure Deals Coach http://fdcoachgroup.com
Facebook Page - Foreclosure Deals Coach http://facebook.com/foreclosuredealscoach
Want to learn more from Donny Coram?
Download the FREE ebook "The Hidden Foreclosure Deals Market"I want my free ebook NOW! http://bit.ly/fdcbook
In this episode, I'll share my experience of how setting up a website helped me get off-market real estate deals. I share a story about a Briargate-based seller who contacted me through my website, and how I was able to find a lease option buyer with a $20K down payment and put the deal together.
To help listeners set up their own website and get inbound leads for real estate deals, I share tactics that have worked for me. Additionally, I recommend joining my coaching program for a free investor site, or signing up for Investor Carrot using my affiliate link.
If you're interested in finding off-market real estate deals and want to learn how to use the power of websites to do so, don't miss this episode.
Article: HERE
Show Notes
Want to get Started becoming a Real Estate Investor?
Are you a real estate professional ready to transition into becoming a full time real estate investor? If so click this calendly link to schedule your coaching assessment call with Donny today.
Find and Analyze Deals Like a professional.
Get access to the software I use daily to find and figure out my number on the Deals.Click here to analyze deals with Privy.http://bit.ly/fdcprivy
Join the conversation today.
Facebook Group - Foreclosure Deals Coach http://fdcoachgroup.com
Facebook Page - Foreclosure Deals Coach http://facebook.com/foreclosuredealscoach
Want to learn more from Donny Coram?
Download the FREE ebook "The Hidden Foreclosure Deals Market"I want my free ebook NOW! http://bit.ly/fdcbook
In this episode, I, Donny Coram, discuss the surge in FHA foreclosures and share tactics for investing in these properties. I emphasize the importance of using HUDHomestore.gov and understanding the two main types of HUD property status.
To assist listeners in their search for FHA foreclosures, I recommend using HUDHomestore.com, despite the fact that the app has not been updated and is not compatible with current IOS. I encourage listeners to see this as an opportunity, as fewer people are looking into these properties due to their poorly marketed and underpriced nature.
Don't miss this episode if you're interested in investing in FHA foreclosures and want to learn how to take advantage of these underpriced properties. Join me, Donny Coram, and let's explore this exciting opportunity together.
Article: FHA Foreclosures Surge
Show Notes
Want to get Started becoming a Real Estate Investor?
Are you a real estate professional ready to transition into becoming a full time real estate investor? If so click this calendly link to schedule your coaching assessment call with Donny today.
Find and Analyze Deals Like a professional.
Get access to the software I use daily to find and figure out my number on the Deals.Click here to analyze deals with Privy.http://bit.ly/fdcprivy
Join the conversation today.
Facebook Group - Foreclosure Deals Coach http://fdcoachgroup.com
Facebook Page - Foreclosure Deals Coach http://facebook.com/foreclosuredealscoach
Want to learn more from Donny Coram?
Download the FREE ebook "The Hidden Foreclosure Deals Market"I want my free ebook NOW! http://bit.ly/fdcbook
In this episode, Donny Coram leverages his experience as a coach to guide listeners through their first real estate deal using hard money lending. The topic of discussion is the 5 hard money lending factors when making a deal.
He discusses tactics such as getting your LLC and EIN number ready to present to the lenders, adding me as a coach to the operating agreement of the LLC, reducing the down payment percentage to increase leverage, reducing points, and getting the loan approved using education-based lending. Shout out to Junior for his contribution to this topic.
Join the Facebook group and message Donny your LLC documents to ensure that they have set things up properly for buying a house. It's important to note that while he is not a tax professional, he can offer advice on the most effective way to set up an LLC to maximize profits. However, it's important to focus on making money first, as tax savings won't matter if you aren't profitable. Don't miss this episode if you're looking to break into real estate investing and want to learn how to leverage hard money lending to your advantage.
Article: 5 Hard Money Lending Factors We Consider | Private Money Utah
Show Notes
Want to get Started becoming a Real Estate Investor?
Are you a real estate professional ready to transition into becoming a full time real estate investor? If so click this calendly link to schedule your coaching assessment call with Donny today.
Find and Analyze Deals Like a professional.
Get access to the software I use daily to find and figure out my number on the Deals.Click here to analyze deals with Privy.http://bit.ly/fdcprivy
Join the conversation today.
Facebook Group - Foreclosure Deals Coach http://fdcoachgroup.com
Facebook Page - Foreclosure Deals Coach http://facebook.com/foreclosuredealscoach
Want to learn more from Donny Coram?
Download the FREE ebook "The Hidden Foreclosure Deals Market"I want my free ebook NOW! http://bit.ly/fdcbook
In this episode, Donny Coram explores the topic of investing in foreclosure deals amidst the massive changes in the real estate market. He shares his perspective on mindset, advising listeners to do the opposite of what others are doing, and to stop taking advice from people who haven't made a lot of money in real estate. Donny also discusses tactics for success, emphasizing the importance of deciding to do something different and taking action. He introduces the powerful tool, Privy, for finding completed investor deals. Despite the changes in the market, the ability to do deals has not diminished, and Donny explains how to buy better and sell for less than 3rd quarter numbers while using accurate 4th quarter numbers. Don't miss this episode if you're interested in investing in foreclosure deals and want to learn how to navigate the current real estate market.
Article Link: New Bill Seeks To Limit How Many Houses Investors and Hedge Funds Can Purchase
Show Notes
Want to get Started becoming a Real Estate Investor?
Are you a real estate professional ready to transition into becoming a full time real estate investor? If so click this calendly link to schedule your coaching assessment call with Donny today.
Find and Analyze Deals Like a professional.
Get access to the software I use daily to find and figure out my number on the Deals.Click here to analyze deals with Privy.http://bit.ly/fdcprivy
Join the conversation today.
Facebook Group - Foreclosure Deals Coach http://fdcoachgroup.com
Facebook Page - Foreclosure Deals Coach http://facebook.com/foreclosuredealscoach
Want to learn more from Donny Coram?
Download the FREE ebook "The Hidden Foreclosure Deals Market"I want my free ebook NOW! http://bit.ly/fdcbook
Want to know a secret for consistently FINDING Deals in your market? Relationships.
Tune in this week when Donny interviews the hilarious REO Expert Tom Lazzaro and learn how to find the local REO Agents in your area and establish a mutually beneficial relationship.
Tom has over 1,000 Foreclosure transactions under his belt and has been a critical component in the growth of our investing business. Don't miss this opportunity to learn from one of the best in the Foreclosure business, and I hear Tom Lazzaro will be there too.
(Sorry, Tom, I couldn't resist)
A consistent flow of deals will have you consistently using your investing skills.
And Tom is a lot of fun to hang out with. Check out this show.
Show Notes
Want to get Started becoming a Real Estate Investor?
Are you a real estate professional ready to transition into becoming a full time real estate investor? If so click this calendly link to schedule your coaching assessment call with Donny today.
Find and Analyze Deals Like a professional.
Get access to the software I use daily to find and figure out my number on the Deals.Click here to analyze deals with Privy.http://bit.ly/fdcprivy
Join the conversation today.
Facebook Group - Foreclosure Deals Coach http://fdcoachgroup.com
Facebook Page - Foreclosure Deals Coach http://facebook.com/foreclosuredealscoach
Want to learn more from Donny Coram?
Download the FREE ebook "The Hidden Foreclosure Deals Market"I want my free ebook NOW! http://bit.ly/fdcbook
One of the biggest transaction costs in your Foreclosure Deal is the real estate commission. Certain markets still require an agent, but in some markets you can sell your foreclosure flip on your own.
In this episode, I'll explain how to get your Foreclosure Flip listed and sold with the minimum transaction cost available. This strategy will help you to reduce your costs and maximize your return on investment. By selling your foreclosure on your own, you'll be able to increase your income and build your wealth faster allowing you to do more deals and keep some of them as cash flowing rentals sooner.
Show Notes
Want to get Started becoming a Real Estate Investor?
Are you a real estate professional ready to transition into becoming a full time real estate investor? If so click this calendly link to schedule your coaching assessment call with Donny today.
Find and Analyze Deals Like a professional.
Get access to the software I use daily to find and figure out my number on the Deals.Click here to analyze deals with Privy.http://bit.ly/fdcprivy
Join the conversation today.
Facebook Group - Foreclosure Deals Coach http://fdcoachgroup.com
Facebook Page - Foreclosure Deals Coach http://facebook.com/foreclosuredealscoach
Want to learn more from Donny Coram?
Download the FREE ebook "The Hidden Foreclosure Deals Market"I want my free ebook NOW! http://bit.ly/fdcbook
In the last few years it has become increasingly difficult to establish relationships with contractors. In the upcoming market shift, the lack of new development will mean tht construction and labor resources.
In this episode, I'll explain how to establish relationships with construction talent that will make rehabbing your foreclosure deals faster, less expensive, and easier.
In the end, this is a relationship business. The relationships you build now will pay huge dividends in the near future.
Show Notes
Want to get Started becoming a Real Estate Investor?
Are you a real estate professional ready to transition into becoming a full time real estate investor? If so click this calendly link to schedule your coaching assessment call with Donny today.
Find and Analyze Deals Like a professional.
Get access to the software I use daily to find and figure out my number on the Deals.Click here to analyze deals with Privy.http://bit.ly/fdcprivy
Join the conversation today.
Facebook Group - Foreclosure Deals Coach http://fdcoachgroup.com
Facebook Page - Foreclosure Deals Coach http://facebook.com/foreclosuredealscoach
Want to learn more from Donny Coram?
Download the FREE ebook "The Hidden Foreclosure Deals Market"I want my free ebook NOW! http://bit.ly/fdcbook
Hard and Private Money Lenders want to help you to invest in the Foreclosure market. But they have guidelines that they will need you to follow in order to provide you with the capital you need. In this episode, I'll discuss the steps you need to take to get your financial house in order.
This information will help you to be prepared to access funding to buy below market deals using other peoples money.
When the market starts to fade, the capital providers will only want to work with investors that are prepared, educated, and experienced. Listen to this episode to make sure that you are one them.
Show Notes
Want to get Started becoming a Real Estate Investor?
Are you a real estate professional ready to transition into becoming a full time real estate investor? If so click this calendly link to schedule your coaching assessment call with Donny today.
Find and Analyze Deals Like a professional.
Get access to the software I use daily to find and figure out my number on the Deals.Click here to analyze deals with Privy.http://bit.ly/fdcprivy
Join the conversation today.
Facebook Group - Foreclosure Deals Coach http://fdcoachgroup.com
Facebook Page - Foreclosure Deals Coach http://facebook.com/foreclosuredealscoach
Want to learn more from Donny Coram?
Download the FREE ebook "The Hidden Foreclosure Deals Market"I want my free ebook NOW! http://bit.ly/fdcbook
The foreclosure market is in it's early stages.
Preparation is key. In this episode, I'll discuss how to go from a state of inaction to a state of action in the process of investing in foreclosures. Don't wait until the market has hit bottom. Get your education, training, systems, and vendors in place now.
Find out how you can start the preparation for what may be the most lucrative real estate market in our generation. Large hedge funds and professional investors are getting ready for the rush of foreclosures now. What are you waiting for?
Show Notes
Want to get Started becoming a Real Estate Investor?
Are you a real estate professional ready to transition into becoming a full time real estate investor? If so click this calendly link to schedule your coaching assessment call with Donny today.
Find and Analyze Deals Like a professional.
Get access to the software I use daily to find and figure out my number on the Deals.Click here to analyze deals with Privy.http://bit.ly/fdcprivy
Join the conversation today.
Facebook Group - Foreclosure Deals Coach http://fdcoachgroup.com
Facebook Page - Foreclosure Deals Coach http://facebook.com/foreclosuredealscoach
Want to learn more from Donny Coram?
Download the FREE ebook "The Hidden Foreclosure Deals Market"I want my free ebook NOW! http://bit.ly/fdcbook
I'm so excited! I finally have been able to launch my online course. If you want to get my advice and training on doing a foreclosure flip, but not quite ready to invest in coaching, the 5 F's of Foreclosure Investment System could be perfect for you. Check out this episode where I will lay out the benefits of new course, and find out how to get 30% off the course by enrolling during the pre-launch.
This course is the most comprehensive course on flipping foreclosures available anywhere. Don't miss this opportunity to check it out and start your foreclosure investing career.
Want to get Started becoming a Real Estate Investor?Are you a real estate professional ready to transition into becoming a full time real estate investor? If so click this calendly link to schedule your coaching assessment call with Donny today.
Find and Analyze Deals Like a professional.Get access to the software I use daily to find and figure out my number on the Deals.
Click here to analyze deals with Privy.
Join the conversation today.
Facebook Group - Foreclosure Deals Coach Insiders Facebook Page - Foreclosure Deals Coach
Want to learn more from Donny Coram?Download the FREE ebook "The Hidden Foreclosure Deals Market"
I want my free ebook NOW!
The importance of data cannot be understated. In this episode, I interview Rob Thompson, a local data scientist that specializes in real estate data analysis.
Check out this episode and learn how to use real estate data to do more and gain the confidence you need to properly analyze your deals.ย
Want to get Started becoming a Real Estate Investor?Are you a real estate professional ready to transition into becoming a full time real estate investor? If so click this calendly link to schedule your coaching assessment call with Donny today.
Find and Analyze Deals Like a professional.Get access to the software I use daily to find and figure out my number on the Deals.
Click here to analyze deals with Privy.
Join the conversation today.
Facebook Group - Foreclosure Deals Coach Insiders Facebook Page - Foreclosure Deals Coach
Want to learn more from Donny Coram?Download the FREE ebook "The Hidden Foreclosure Deals Market"
I want my free ebook NOW!
Goal setting maybe the most important step that you take this year in your real estate investing career. In this episode, Iโm going to discuss how to set a goal to do your first foreclosure flip deal and how to make that goal a reality. Start your 2023 the right way by taking the initial steps you need to become a successful real estate investor.ย
Want to get Started becoming a Real Estate Investor?Are you a real estate professional ready to transition into becoming a full time real estate investor? If so click this calendly link to schedule your coaching assessment call with Donny today.
Find and Analyze Deals Like a professional.Get access to the software I use daily to find and figure out my number on the Deals.
Click here to analyze deals with Privy.
Join the conversation today.
Facebook Group - Foreclosure Deals Coach Insiders Facebook Page - Foreclosure Deals Coach
Want to learn more from Donny Coram?Download the FREE ebook "The Hidden Foreclosure Deals Market"
I want my free ebook NOW!
In this episode Donny will discuss what to do when Privy doesn't have all of theย data you need to do deal analysis. Privy is a critical tool for real estate investors, but sometimes lacks all of the data you need to properly analyze a deal. In this scenario, you'll have to go direct to the source of the data, the MLS.ย
Want to get Started becoming a Real Estate Investor?Are you a real estate professional ready to transition into becoming a full time real estate investor? If so click this calendly link to schedule your coaching assessment call with Donny today.
Find and Analyze Deals Like a professional.Get access to the software I use daily to find and figure out my number on the Deals.
Click here to analyze deals with Privy.
Join the conversation today.
Facebook Group - Foreclosure Deals Coach Insiders Facebook Page - Foreclosure Deals Coach
Want to learn more from Donny Coram?Download the FREE ebook "The Hidden Foreclosure Deals Market"
I want my free ebook NOW!
In this episode, Donny discusses how to use income from wholesaling to fund your first foreclosure deal. Wondering how to get started? Help others get started by finding deals on Privy and wholesaling them to investors. Help others to help yourself.
Want to get Started becoming a Real Estate Investor?Are you a real estate professional ready to transition into becoming a full time real estate investor? If so click this calendly link to schedule your coaching assessment call with Donny today.
Find and Analyze Deals Like a professional.Get access to the software I use daily to find and figure out my number on the Deals.
Click here to analyze deals with Privy.
Join the conversation today.
Facebook Group - Foreclosure Deals Coach Insiders Facebook Page - Foreclosure Deals Coach
Want to learn more from Donny Coram?Download the FREE ebook "The Hidden Foreclosure Deals Market"
I want my free ebook NOW!
In this episode, I'm going to discuss how the surging foreclosure market is going to impact the private equity market. This shift will affect your ability to fund your deals suing private equity. Learn how to get establish your relationships with your lending partners before the capital market dries up.
Want to get Started becoming a Real Estate Investor?Are you a real estate professional ready to transition into becoming a full time real estate investor? If so click this calendly link to schedule your coaching assessment call with Donny today.
Find and Analyze Deals Like a professional.Get access to the software I use daily to find and figure out my number on the Deals.
Click here to analyze deals with Privy.
Join the conversation today.
Facebook Group - Foreclosure Deals Coach Insiders Facebook Page - Foreclosure Deals Coach
Want to learn more from Donny Coram?Download the FREE ebook "The Hidden Foreclosure Deals Market"
I want my free ebook NOW!
In this episode I discuss the impact of interest rates on the costs of construction. While rate increases are generally not good, in this case, thereโs a hidden benefit to real estate investors. Learn how to prepare to do more deals through proper construction relationships.
Want to get Started becoming a Real Estate Investor?Are you a real estate professional ready to transition into becoming a full time real estate investor? If so click this calendly link to schedule your coaching assessment call with Donny today.
Find and Analyze Deals Like a professional.Get access to the software I use daily to find and figure out my number on the Deals.
Click here to analyze deals with Privy.
Join the conversation today.
Facebook Group - Foreclosure Deals Coach Insiders Facebook Page - Foreclosure Deals Coach
Want to learn more from Donny Coram?Download the FREE ebook "The Hidden Foreclosure Deals Market"
I want my free ebook NOW!
In this Podcast I'm going to discuss the recent change in HOA Lien Foreclosure Laws in Colorado and the opportunity for Investors to buy HOA liens as a source of deals.ย
Want to get Started becoming a Real Estate Investor?Are you a real estate professional ready to transition into becoming a full time real estate investor? If so click this calendly link to schedule your coaching assessment call with Donny today.
Find and Analyze Deals Like a professional.Get access to the software I use daily to find and figure out my number on the Deals.
Click here to analyze deals with Privy.
Join the conversation today.
Facebook Group - Foreclosure Deals Coach Insiders Facebook Page - Foreclosure Deals Coach
Want to learn more from Donny Coram?Download the FREE ebook "The Hidden Foreclosure Deals Market"
I want my free ebook NOW!
In this episode, I'm going to try our new format.
We're going to tackle the Foreclosure Market head on by breaking the show into four parts.
In round one, we're going to get your mind right, using a solid quote from the infamous Gary Vaynerchuk (@garyv)
In round two, we're going to discuss the latest foreclosure data from an article provided by ATTOM Data Solutions. Tune in to see if your area is heating up in the Foreclosure Market, and if not, to find the markets that you SHOULD be monitoring the Foreclosure Activity
In round three, I'm going give you some of my tried and true Deal Flow Accelerator Tactics that when applied correctly, can provide you with an endless pipeline of deals.
Finally in Round 4, I'll reintroduce you to Privy, the tool that I use to simplify and predict my Deal Flow.
We're going to keep things fast paced, the market changes mean you need to get started soon to get out in front of the wave. I'm not saying the market is going to crash, just that it is going to provide significantly more opportunities to educated deal hunters.
See you in Round 1! Let's go!
Want to get Started becoming a Real Estate Investor?Are you a real estate professional ready to transition into becoming a full time real estate investor? If so click this calendly link to schedule your coaching assessment call with Donny today.
Find and Analyze Deals Like a professional.Get access to the software I use daily to find and figure out my number on the Deals.
Click here to analyze deals with Privy.
Join the conversation today.
Facebook Group - Foreclosure Deals Coach Insiders Facebook Page - Foreclosure Deals Coach
Want to learn more from Donny Coram?Download the FREE ebook "The Hidden Foreclosure Deals Market"
I want my free ebook NOW!
In this Episode, Donny meets with nationally recognized Wholesaling Expert, Gabrielle Simmons (@InvestorLadyG) about how Wholesaling has drastically changed in the new market. Tune in to learn Gabrielles secrets on finding one Cash Buyer for all of her deals. And the importance of establishing and maintaining solid relationships with the investor community. This episode is packed with valuable information for investors looking to expand their operation through strategic partnerships like ours. Don't miss it.
Want to get Started becoming a Real Estate Investor?Are you a real estate professional ready to transition into becoming a full time real estate investor? If so click this calendly link to schedule your coaching assessment call with Donny today.
Find and Analyze Deals Like a professional.Get access to the software I use daily to find and figure out my number on the Deals.
Click here to analyze deals with Privy.
Join the conversation today.
Facebook Group - Foreclosure Deals Coach Insiders Facebook Page - Foreclosure Deals Coach
Want to learn more from Donny Coram?Download the FREE ebook "The Hidden Foreclosure Deals Market"
I want my free ebook NOW!
In this episode, Donny discusses the impact of the housing market correct on Fix and Flippers. Listen to learn why now is a GREAT time to buy Fix an Flip deals. The media will encourage flippers to "sit this round out". Find out why getting into fix and flip is better in a falling market.
Want to get Started becoming a Real Estate Investor?Are you a real estate professional ready to transition into becoming a full time real estate investor? If so click this calendly link to schedule your coaching assessment call with Donny today.
Find and Analyze Deals Like a professional.Get access to the software I use daily to find and figure out my number on the Deals.
Click here to analyze deals with Privy.
Join the conversation today.
Facebook Group - Foreclosure Deals Coach Insiders Facebook Page - Foreclosure Deals Coach
Want to learn more from Donny Coram?Download the FREE ebook "The Hidden Foreclosure Deals Market"
I want my free ebook NOW!
In this episode Donny goes over how to fund your foreclosure deals using hard and private money lenders, not your own money.ย Donโt let lack of funding stop you from getting your first deal.
Want to get Started becoming a Real Estate Investor?Are you a real estate professional ready to transition into becoming a full time real estate investor? If so click this calendly link to schedule your coaching assessment call with Donny today.
Find and Analyze Deals Like a professional.Get access to the software I use daily to find and figure out my number on the Deals.
Click here to analyze deals with Privy.
Join the conversation today.
Facebook Group - Foreclosure Deals Coach Insiders Facebook Page - Foreclosure Deals Coach
Want to learn more from Donny Coram?Download the FREE ebook "The Hidden Foreclosure Deals Market"
I want my free ebook NOW!
On today's episode Donny walks through a live deal hunting session in Melbourne Florida.ย This is one of his target markets for finding deals.ย Learn how to use Privy to consistently find deals in your target market.
Want to get Started becoming a Real Estate Investor?Are you a real estate professional ready to transition into becoming a full time real estate investor? If so click this calendly link to schedule your coaching assessment call with Donny today.
Find and Analyze Deals Like a professional.Get access to the software I use daily to find and figure out my number on the Deals.
Click here to analyze deals with Privy.
Join the conversation today.
Facebook Group - Foreclosure Deals Coach Insiders Facebook Page - Foreclosure Deals Coach
Want to learn more from Donny Coram?Download the FREE ebook "The Hidden Foreclosure Deals Market"
I want my free ebook NOW!
In this episode I explain what imposter syndrome means and how it could possibly be impacting your real estate investing career.
Want to get Started becoming a Real Estate Investor?Are you a real estate professional ready to transition into becoming a full time real estate investor? If so click this calendly link to schedule your coaching assessment call with Donny today.
Find and Analyze Deals Like a professional.Get access to the software I use daily to find and figure out my number on the Deals.Click here to analyze deals with Privy.
Join the conversation today.
Facebook Group - Foreclosure Deals Coach Insiders Facebook Page - Foreclosure Deals Coach
Want to learn more from Donny Coram?Download the FREE ebook "The Hidden Foreclosure Deals Market"
I want my free ebook NOW!
The Wealthy Coach Podcast
Hey Coaches, Practitioners & Healers! Go from 0 clients to a 6-Figure Online Biz!
Listen on: Apple Podcasts Spotify
This episode Donny explains that over a million homeowners are currently facing foreclosure. Find out how you can benefit from this market shift.
Read the Article.
Want to get Started becoming a Real Estate Investor?Are you a real estate professional ready to transition into becoming a full time real estate investor? If so click this calendly link to schedule your coaching assessment call with Donny today.
Find and Analyze Deals Like a professional.Get access to the software I use daily to find and figure out my number on the Deals.
Click here to analyze deals with Privy.
Join the conversation today.
Facebook Group - Foreclosure Deals Coach Insiders Facebook Page - Foreclosure Deals Coach Want to learn more from Donny Coram?Download the FREE ebook "The Hidden Foreclosure Deals Market"
I want my free ebook NOW!
Todays topic was all about the pros and cons of buying a foreclosed home.ย To read the article click here.
Thanks for tuning into the show.ย Do not forget to download my Free E-Book to learn more about how to profit from the upcoming foreclosure market.ย Coming soon the 5 F's of foreclosure investment system online education.ย Subscribe to the channel and remember to listen to the show weekly.
Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
To read the article from Bankrate click here.
Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAYย
Thanks for tuning into the show.ย Do not forget to download myย Free E-Bookย to learn more about how to profit from the upcoming foreclosure market.ย Coming soon the 5 F's of foreclosure investment system online education.ย Subscribe to the channel and remember to listen to the show weekly.
The Wealthy Coach Podcast
Hey Coaches, Practitioners & Healers! Go from 0 clients to a 6-Figure Online Biz!
Listen on: Apple Podcasts ย Spotify
Are we EXCITED for this week's episode and guest?!?!
Monica Breckenridge, CEO of Pink Realty and #1 Real Estate Agent in Colorado has created a retail real estate organization with over 100 agents that process 800-900 transactions a year. At this point, she could write a book on building successful real estate brokerages, but you might be surprised to know her retail dominance has its beginning in short sales and deal hunting in investment real estate. Hell, she even actually wrote a book on short sale real estate, so she's already got a head start on the author part. However, that history in investment real estate is where Donny and Monica first met, and as our favorite #ForeclosureDealsCoach can attest, Monica has leveraged the lessons they learned back then and in her subsequent career into immense success on her own terms. Listen in as we learn more about Monica and her team, and reach out to Pink Realty if you're looking to buy or sell a home!
Mentioned in today's episodePropstreamForeclosure.comRentReportersPink RealtyWant to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcReach out to Jonathan to learn more about the Foreclosure Deals Coach Program!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY
The article mentioned in today's episode details the reality that first-time homebuyers are still a driving force in the mortgage and housing markets, even as interest rates rise and the market shows volatility. You can read more about why that might be in the article, but you know us here at the #ForeclosureDealsCoachPodcast, we're always going to flip the perspective to highlight where investors might fit into the developing market. For first-time homebuyers, you'd likely expect them to house shop in the entry-level price range as they look to take that first big leap. As investors and people looking to build wealth through real estate, it's our job to recognize that consumer-product relationship and provide services and expertise that bring value to that market sector.
Mentioned in today's episodePropstreamForeclosure.comRentReporters Here's a link to the article Donny discussed in today's episode:First-time Buyers Show More Demand For Mortgages, Even As Interest Rates RiseWant to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcReach out to Jonathan to learn more about the Foreclosure Deals Coach Program!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY
You might have already noticed it in your city; listed homes sitting on the market for 30-45 days, nervous sellers wondering when exactly all the showings and appraisal gaps dried up, and fraught agents wringing their hands rehearsing their price reduction presentation. As a result of corrective government policies and other uncontrollable political events, we're seeing the hot housing market start to cool off as we head into the fourth quarter. Consequently, many markets are seeing waves of those same nervous sellers enacting price drops to capture the last bits of market appreciation before the "Great Financial Crisis of 2023" kicks off (cool name, huh?). But what does this mean for investors? Most people are forecasting a bit of market chaos as 2023 rolls around, but we understand that's the time to baton the hatches and prepare for the wealth transfer. Listen up as the guys talk more about the decreasing home values across the country, and stay ready so you don't have to get ready!
Mentioned in today's episodePropstreamForeclosure.comRentReporters Here's a link to the article Donny discussed in today's episode:How Fast Sellers Are Slashing Home Prices In America's Biggest Housing MarketsWant to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcReach out to Jonathan to learn more about the Foreclosure Deals Coach Program!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY
Greetings #ForeclosureDealsCoach Family!
This week, we're talking about a new survey that revealed that 72% of recent homebuyers may be experiencing buyer's remorse about their recent home purchases. Now if you're one of our faithful listeners, over the last year and a half you know we've been telling you about some of the unhealthy practices that were taking place in the retail market in response to record low inventory numbers and the ramifications of COVID-19. We decried the use of appraisal gaps, with buyers paying $40,000-$50,000 over the asking price just to secure their white picket fence dream. We warned that agents waiving home inspections might lead to unfavorable outcomes in the long run for their clients, but regardless of the structural integrity of these homes, many buyers feel their purchases last year were rushed, premature, or over-priced. We don't like saying we told you so on this show, so instead, we're going to reiterate the importance of sound, investment-based decision-making when buying your next deal (not a house, a DEAL), and how you can leverage your time and effort to find a nice home while taking the first steps to building wealth through real estate.
Mentioned in today's episodePropstreamForeclosure.comRentReporters Here's a link to the article Donny discussed in today's episode:72% Of Recent Homebuyers Have Regrets About Their Purchases. As The Market Cools, These Steps Can Help You Avoid DisappointmentWant to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcReach out to Jonathan to learn more about the Foreclosure Deals Coach Program!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY
Greetings #ForeclosureDealsCoach Family!
We are not going to waste any time and are jumping straight into it; we're in a housing recession ๐ฐ Or at least that's what they're saying at CNBC, as correspondent Sarah O'Brien goes into detail about the factors that influenced the halt in housing appreciation and have led to a wave of price reductions as homes sit on the market. We understand things like COVID-19, appraisal gaps, and rising interest rates have contributed to the state of the real estate market in the present, but our goal is to always help our listeners cut through the noise and analyze the market so they can find to avoid pitfalls and experience growth through the instability. Listen up as the guys break down current market conditions and strategize on the best ways to maintain solvency as things shift.
Mentioned in today's episodePropstreamForeclosure.comRentReporters Here's a link to the article Donny discussed in today's episode:We're In A "Housing Recession," Experts Say. Here's What That Means For Homeowners, Buyers, and SellersWant to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcReach out to Jonathan to learn more about the Foreclosure Deals Coach Program!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY
Part two of Donny's conversation with Matt Moorman, Colorado Springs real estate agent and local personality. In this part of the discussion, Donny and Matt go into more detail about the importance of building an effective team to facilitate your real estate goals.
Mentioned in today's episodePropstreamLaunch ControlForeclosure.comRentReportersWant to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcReach out to Jonathan to learn more about the Foreclosure Deals Coach Program!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY
What do Facebook group administration, probate attorneys, off-market deals, and 1996 Dennis Rodman have in common? Well, nothing under normal circumstances, but that's where Colorado Springs real estate agent Matt Moorman comes in. To know Matt is to love him, but his high-energy personality, out-of-the-box thinking, and unconventional route to success in one of the country's hottest real estate markets have a tendency to rub some people the wrong way. But here on the #ForeclosureDealsCoachPodcast, we're about results, and more importantly, identifying who or what is producing positive results and gaining insight on what went into their success. After being in close contact with Matt, we can point to his commitment to authenticity, an uncanny ability to build community through Facebook groups, and focus on bringing value to the clients and professionals he works with as key reasons he has been able to succeed in both the retail and investor market. You just have to look past the tattoos and Megaladon chains to see it ๐
Listen to Part One of Donny & Matt's conversation on his automated Facebook lead generation systems, building relationships with probate and divorce attorneys, and other amusing stories on this week's episode. And remember, you can't always judge a book by its cover.
Mentioned in today's episodePropstreamLaunch ControlForeclosure.comRentReportersWant to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcReach out to Jonathan to learn more about the Foreclosure Deals Coach Program!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY
Greetings Foreclosure Deals Coach Family!!!
As investors, we've seen rising inflation numbers impact our industry in a big way. Home prices have appreciated at record rates in response over the last two years, but in 2022 we're starting to see our government take measures to curb that inflation by raising interest rates over the last few months. Although we have seen a slight depreciation in prices recently and expect a more noticeable dip in the future, some parts of the real estate industry are still dealing with rising costs resulting from trillions of dollars being injected into the economy through stimulus packages. Homebuilders, investors, and rehabbers are still managing the significant jumps in costs of materials and labor in an effort to maintain profitability, but let's take a look at this reality from a consumer standpoint. We know as flippers and investors that items like wood and paint are more expensive, but what does that mean for the normal homeowner who might need to do some repairs around the house? For 43% of homeowners in the U.S., it means putting off maintenance because they lack the money to pay for the repairs. But how long can someone defer repairs and maintenance before the impact starts becoming detrimental to the integrity of the home? And as these homes slowly deteriorate over time, how should we as investors position ourselves to be a resource to homeowners who might not have to capital to address their deferred maintenance?
Tune in to learn why deferred maintenance is a risky proposition for homeowners, and how you can navigate the rising costs of homebuilding materials to still find deals that might need a little more work but offer bigger spreads and more profits.
Mentioned in today's episodePropstreamLaunch ControlForeclosure.comRentReportersHere's a link to the article Donny discussed in today's episode:43% Of Homeowners Have Delayed Home Improvements & Maintenance Due To Inflation, Here's Why That's RiskyWant to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcReach out to Jonathan to learn more about the Foreclosure Deals Coach Program!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY
Another episode of the #ForeclosureDealsCoachPodcast, another opportunity for market observation and analysis as we continue to see signs of change. We have previously discussed rising interest rates, and as summer kicks into full swing, it seems a glut of sellers are beginning to list their homes in a last-ditch effort to capture the remnants of the unprecedented market appreciation we've seen over the past few years. We have already started to see the average DOM (days on market) for homes increase as buyers look to navigate their new reality, but do these contributing factors forecast a drastic decrease in housing prices like what we saw in 2008? Are the financial and political circumstances we're experiencing today dire enough to constitute a significant market crash, or will the government's response to extreme inflation be measured enough to spur a needed correction while maintaining the overall health of the economy? We have been telling you about a correction for years, so if you're an avid listener, you probably already know how we see things turning out. But listen in as we take a look at current market conditions and relay our belief in why the future might not be as bad as some would make it out to be.
Mentioned in today's episodePropstreamLaunch ControlForeclosure.comRentReportersHere's a link to the article Donny discussed in today's episode:Housing Market Isn't Going To Crash, A Plateau Is More LikelyWant to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcReach out to Jonathan to learn more about the Foreclosure Deals Coach Program!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY
Donny takes a look at rules from HGTV's Scott McGillivray that you should seriously consider as you look to build out your latest Airbnb property and venture into the short-term, vacation rental market.
Mentioned in today's episodePropstreamLaunch ControlForeclosure.comRentReportersHere's a link to the article Donny discussed in today's episode:Scott McGillivray Does A Face Palm About This One Mistake He Sees In Vacation HomesWant to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcReach out to Jonathan to learn more about the Foreclosure Deals Coach Program!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY
Good afternoon and happy Memorial Day Weekend to all of our #ForeclosureDealsCoach family and #DealHunters out there!
As the fun and excitement of a holiday weekend looms, we wanted to discuss a more sobering effect of the sun coming out and the introduction of spring & summer. We understand real estate has hot and cold seasons throughout the year; each market might have their unique differences but general trends in real estate activity can be identified across the country. In Colorado and Colorado Springs where our team is located, we deal with the seasonality and weather constraints of the winter, but we also see a lull in buyer & seller transactions during the month of May. Spring usually signals the coming boon in the real estate market, but there are certain factors about this month that could increase the Days On Market (DOM) for your latest flips and leave you questioning whether or not you're running your business effectively. But what kind of mindset should investors adopt during slow periods or seasonal shifts that can help them avoid burnout long term and assist in maintaining their excitement about real estate investing? Stay tuned for Donny's personal perspective on this phenomenon and make sure you're taking care of yourself holistically as you pursue your real estate goals.
Mentioned in today's episodePropstreamLaunch ControlForeclosure.comRentReportersHere's a link to the article Donny discussed in today's episode:Pending Home Sales Dip For Sixth Straight Month (VIDEO)Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcReach out to Jonathan to learn more about the Foreclosure Deals Coach Program!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY
As people with a passion for real estate, I feel we all have a general understanding of the importance of home insurance for the properties where we live. No less important, but what can get overlooked as people jump into real estate investing is the necessity of home insurance on house flips. Loss of tools and supplies, contractor mishaps, and surprise issues are all things that can derail a flip, but understanding the different types of "flippers" insurance you'll need will help you protect yourself in advance and turn what could be a disaster into call to your claims adjuster and pivot in your project scope of work. Life has a way of teaching you to pay attention to the less exciting details because they always end up showing their importance in the end. Tap in and learn more about home insurance for your next house rehab to save yourself a headache in the future.
Mentioned in today's episodePropstreamLaunch ControlForeclosure.comRentReportersHere's a link to the article Donny discussed in today's episode:What Insurance Do You Need To Flip Houses?Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcReach out to Jonathan to learn more about the Foreclosure Deals Coach Program!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY
Mentioned in today's episodePropstreamLaunch ControlForeclosure.comRentReportersHere's a link to the article Donny discussed in today's episode:5 Mistakes That Can Make House Flipping A FlopWant to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcReach out to Jonathan to learn more about the Foreclosure Deals Coach Program!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY
Welcome back #DealHunters. We have discussed the low housing inventory in previous episodes, and although there have been small increases in the number of houses for sale in hot markets like Denver & Colorado Springs nationwide, there is still a significant gap between the current supply and prevailing demand for homes from Americans. How did we even get here?! Let's take a look at a few circumstances that impacted housing inventory and analyze the past in order to better understand how we might avoid making the same mistakes.
Mentioned in today's episodePropstreamLaunch ControlForeclosure.comRentReportersHere's a link to the article Donny discussed in today's episode:Where Are All The Houses? Understanding Housing Inventory & What It Means For YouWant to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcReach out to Jonathan to learn more about the Foreclosure Deals Coach Program!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY
So we're almost halfway through 2022, and we've already seen how the market is much different than what we've been experiencing over the last two years. Granted, we are still seeing the price of homes increase, but there are other factors at play that could be signaling a shift in that as well. We have already covered some topics that have influenced how we at the #ForeclosureDealsCoachPodcast see the rest of the year shaping up for real estate investors and homebuyers, but what do other real estate pros have to say about the market? We looked at an article from MarketWatch.com that highlights four key predictions for 2022; tune in to learn why these forecasts may or may not come to fruition.
Mentioned in today's episodePropstreamLaunch ControlForeclosure.comRentReportersHere's a link to the article Donny discussed in today's episode:Four Predictions For The Housing Market In 2022, From Economists & Real Estate ProsWant to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcReach out to Jonathan to learn more about the Foreclosure Deals Coach Program!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY
What are your real estate goals? If you're a faithful listener to the #ForeclosureDealsCoachPodcast, you've probably dreamed about or are in the process of flipping a distressed home. We all know there are a number of ways to make profits and be successful in real estate, but should our #DealHunter family really be looking to flip houses for the extent of their real estate career? The real answer lies with each investor and how they plan to achieve their goals; the large infusions of capital they can consistently generate from having a streamlined home rehabbing system can be hard to pass up. But we are big proponents of maintaining a healthy, sustainable mindset when it comes to real estate investing. We want to ensure that our listeners can formulate a clear picture of their future and stay the course on their path without letting the work they do at the moment block their ability to see new opportunities or have an adverse effect on their day-to-day lives. Listen up as we discuss the benefits of becoming a great flipper and ways you might be able to leverage that skill for your future.
Mentioned in today's episodePropstreamLaunch ControlForeclosure.comRentReportersHere's a link to the article Donny discussed in today's episode:Denver Sets New Record Home Price Amid Surges In Bidding WarsWant to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcReach out to Jonathan to learn more about the Foreclosure Deals Coach Program!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY
What's up family? If you're involved in real estate investing, I'm sure you've heard about the short-term rental craze sweeping through the ranks of landlords across the country. Companies like Airbnb and VRBO (vacation rental by owner) have super-charged the profitability of rental portfolios as homeowners capitalize on the vacation home trend and gradually reconstitute their real estate holdings from long-term rentals to short-term options. If you've stayed in a short-term rental, you understand the benefits of renting single-family homes nightly compared to going the standard hotel route. Being able to walk into a comfortable, fully-equipped home after landing in your exciting vacation local can surely beat the sterile process of checking into a hotel room. However, as remote work becomes more popular, the idea of workers relocating to enticing destinations while bringing their job with them in their laptop bag has started to gain serious traction. This remote worker demographic has been a key driver of increased rental income for landlords offering short-term options, but how might you be able to get your piece of the pie if you're debating entering into the VRBO space? Listen up as the guys break down some ways you can make your short-term rental more attractive to remote workers, and if you're still on the fence, learn more about why NOW might be the time for you to take action on acquiring a property that could work well as a vacation rental.
Mentioned in today's episodePropstreamLaunch ControlForeclosure.comRentReportersHere's a link to the article Donny discussed in today's episode:Short-Term Rentals Surge Among Remote, Hybrid WorkersWant to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcReach out to Jonathan to learn more about the Foreclosure Deals Coach Program!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY
Back like we never left and ready to serve up even more real estate and foreclosure news! Today, we take a look at the opposite end of the homebuying spectrum as it relates to our search for the best deals as we discuss homebuilders and the market for newly-built homes. We have seen home prices steadily rise over the past 3 years and new builds prices have followed suit. However, due to "lumber shortages," COVID-19, and lack of contractor resources, what it costs to build a home has seen a significant jump as well. With homebuyers gradually coming to grips with rampant market appreciation and the prevalence of 2% interest rates, most didn't bat an eye when they noticed the rising costs of homebuilding being tacked onto the sales price of their brand new home. Consumers buying power had been buoyed by low these low-interest rates, and if that allowed them to qualify for a home that would normally be out of their budget, then so be it. However as the Fed forecasts 6 MORE RATE INCREASES over 2022, will homebuyers start to sober up after years of being drunk on unsustainable financial flexibility? Additionally, how will home builders react to consumers' decrease in buying power as they look to continue their development projects? Sounds like an interesting conundrum, but as #DealHunters we know that chaos brings with it opportunities to get stupid rich ๐ค Listen up as Donny and Jonathan break down the implications of rising mortgage rates and waning home builder optimism.
Mentioned in today's episodePropstreamLaunch ControlForeclosure.comRentReportersHere's a link to the article Donny discussed in today's episode:Homebuilders' Sales Expectations Drop Dramatically, As Mortgage Rates SoarWant to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcReach out to Jonathan to learn more about the Foreclosure Deals Coach Program!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY
It finally happened! The Fed has officially raised mortgage interest rates and forecasts 6 more increases for 2022. You will have to excuse me as I try to keep our favorite #ForeclosureDealsCoach from going overboard patting himself on the back, but in all seriousness, this is one of the tea leaves that could signal an impending shift in the market. Before you accuse us of fear-mongering, understand that the doom & gloom of the 2008 mortgage crisis isn't exactly what we anticipate. But as home appreciation has surged - through multiple COVID variants, trillions of dollars of stimulus funds, and two Whitehouse administrations - a counter to unsustainable market growth and a decrease in consumer buying power will cause your average homebuyer to reassess their plans as we get further into the year. Stay tuned as Donny breaks down how he sees things playing out and make sure you're doing your own research as #Dealhunters to capitalize on the developing circumstances.
Mentioned in today's episodePropstreamLaunch ControlForeclosure.comRentReportersHere's a link to the article Donny discussed in today's episode:Here's What The Fed's Rate Hikes Mean For Borrowers, Savers, And HomeownersWant to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcReach out to Jonathan to learn more about the Foreclosure Deals Coach Program!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY
As 2022 gets rolling, the Federal Housing Finance Agency has decided to increase conforming loan limits to $647,000. This means that homeowners can qualify for a home for as much as $647,000 through government organizations like Fannie Mae and Freddie Mac. We have seen home prices appreciate at an astounding rate over the last few years, and in some markets, buyers who were looking to use these government mortgage programs have consistently been priced out of their dream of homeownership. At $548,250 in 2021, we can see the loan limit had to make a significant jump to match market appreciation, but what does the loan increase in 2022 mean for the flipper looking to put their newest project back on the market or the landlord watching his property value and equity position increase? Tap in to hear the Foreclosure Deals Coach's take on this critical development and learn how you can capitalize on this significant change in the housing industry.
Mentioned in today's episodePropstreamLaunch ControlForeclosure.comRentReportersHere's a link to the article Donny discussed in today's episode:Higher Mortgage Loan Limits Take EffectWant to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcReach out to Jonathan to learn more about the Foreclosure Deals Coach Program!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY
Greetings, and welcome back #DealHunters. We hope you all enjoyed your holiday season, and we apologize if you missed us because we missed YOU!
Today, we're going to highlight one of our most successful and profitable flip projects of 2021. 4525 Churchill Ct. in Colorado Springs is located in the Broadmoor district, a prestigious and well-maintained community dotted with multiple million-dollar homes. The owners were originally using it as a rental, but due to the hardships of the pandemic, they were facing foreclosure. They were forced to put the home on the market and evict their tenants, and in the tenant's anger, they vandalized the property in an attempt to get back at the owners. MOST We acquired the home for just under $600,000 in the summer, and through the last two quarters of 2021, contractor issues, and just the general surprises that come when flipping a home in that condition, we were able to turn what had been deemed a "little slice of hell" into someone's potential dream home! Listen as Donny goes into detail about the experience that was the #SpringsHellHouse, and gain perspective on what goes into turning a large, high-end, nightmare home into the sparkling realization of a homeowner's dream!
Mentioned in today's episodePropstreamLaunch ControlForeclosure.comRentReportersHere's a link to a few articles on the #SpringsHellHouse:Little Slice Of Hell House In Colorado Springs Sells 1 Week After Being ListedColorado Springs House Dubbed, "Little Slice Of Hell" Makes Its Renovated Debut"Slice Of Hell House" In Colorado Springs Up For Sale After Extensive RenovationsWant to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcReach out to Jonathan to learn more about the Foreclosure Deals Coach Program!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY
We extol the benefits of Dealhunter.io, Propstream, and data analysis software all the time, but I believe we're still in a place where real estate data and technology aren't as easily accessible to consumers and investors as it is in other industries. As we continue to see the impact of inflation across the country, the value of homes has taken a drastic leap. Concurrently, we've seen successful investors from other fields start to take the profits from inflationary markets and invest them into real estate in astounding numbers. We have previously mentioned investors entering markets across the country and acquiring rental properties that might have previously gone to hopeful homebuyers. However, we're also seeing these investors position their capital in ventures that will revolutionize the way we analyze, view, and experience real estate. As innovative industry members continue to leverage this influx of capital with new technologies, we'll start to see some truly remarkable developments in real estate and what it means to be an investor. As the #Metaverse and digital real estate become even hotter commodities, don't miss out on other technologies with the potential to maximize your investment business.
Mentioned in today's episodePropstreamLaunch ControlForeclosure.comRentReportersHere's a link to the article Donny discussed in today's episode:Proptech Booms As More Startups Enter Real Estate SpaceWant to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcReach out to Jonathan to learn more about the Foreclosure Deals Coach Program!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY
We have been talking about a lot of national real estate trends lately, so we wanted to bring the focus of today's show back to our home market, Colorado, and specifically, Colorado Springs. After seeing a 25% INCREASE in home prices over the 3rd quarter in Colorado Springs, local homebuyers might feel boxed out in their hopes of transitioning to homeowners. We always say the best time to invest in real estate is NOW, but for retail buyers and investors, buying at the top of this market doesn't seem very appealing. We always emphasize #BuyADeal, but how might buyers leverage the upward trajectory of their market to capitalize long term? Listen to today's show and learn what you should be looking to do if you've seen similar home price increases where you live!
Mentioned in today's episodePropstreamLaunch ControlForeclosure.comRentReportersHere's a link to the article Donny discussed in today's episode:Third-Quarter Home Prices Jump By Almost 25% In Colorado Springs, Report ShowsWant to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcReach out to Jonathan to learn more about the Foreclosure Deals Coach Program!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY
Greetings #DealHunters! Today, we take a look at the cities in the country with the highest cash buyer activity as an indicator of potential real estate investment success. Cash buyers can close properties quickly, usually have access to large sums of capital, and are likely connected to an investment organization that makes accumulating properties a necessity. As savvy investors, we know to follow the money, and if you can partner with serious buyers who are consistently closing on deals, you can source properties to them and evetually move into fix & flip, buy & hold, and other short-term rental strategies. Stay tuned for more details, and use your resources to compile a list of cash buyers in your area!
Mentioned in today's episodePropstreamLaunch ControlForeclosure.comRentReportersHere's a link to the article Donny discussed in today's episode:Housing Markets With Largest Surge In Cash SalesWant to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcReach out to Jonathan to learn more about the Foreclosure Deals Coach Program!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY
In today's episode, we discuss a new, innovative entry into the world of digital real estate. Upland is an NFT-based virtual real estate game that allows users to purchase digital copies of real-world real estate. Currently, in 13 U.S. cities like Manhattan and San Francisco, this 2-year old project will revolutionize how consumers view real estate - we understand how to purchase a physical property in our universe, but as the #Metaverse continues to grow and experience evolutions, how much of an impact will ownership of virtual assets have on our ability to participate in commerce in the real world? At this point, blockchain is the ultimate authenticator, with each crypto and #Metaverse transaction being posted to the ledger. If the concept of digital real estate takes off, could the idea of complete ownership of real estate be determined by one's access to the verified digital copy of the property? As the developers continue to add new services and features to the game, you start to realize the myriad of potential tangible benefits of becoming a digital real estate mogul. Listen up as we delve into the world of digital real estate and determine if you want to take a shot at finding #Deals in the #Metaverse!
Mentioned in today's episodePropstreamLaunch ControlForeclosure.comRentReportersHere's a link to the article Donny discussed in today's episode:Upland Raises $18M At $300M Valuation For NFT-Based Virtual Real Estate GameWant to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcReach out to Jonathan to learn more about the Foreclosure Deals Coach Program!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY
Honestly, it's a great day for the #ForeclosureDealsCoachPodcast and we invite all of our #DealHunters to join in our celebration! In a shocking turn of events (๐), our #1 nemesis Zillow has decided to shut down its Zillow Offers division and exit the house-flipping market entirely ๐ ๐๐ ๐
If you'll recall, two episodes ago we discussed Zillow's plans to stall their house buying activity for the remainder of 2021 in response to a cooling fourth-quarter real estate market, a lack of construction resources, and the reality that they overpaid for a majority of the homes they acquired in 2021 under the assumption that the market would continue to climb. In its essence, Zillow's strategy was sound. Our team is going through a similar pullback with our capital partners as we work to offload flips to consumers who have grown exhausted from the bidding wars of the summer while simultaneously developing higher expectations of what they're looking for in a home to match the higher home prices. But where we and other smaller investment groups started to reevaluate our buying criteria, review our market analysis concepts, and lower our expectations on what a flipped property would fetch on the market, Zillow, being the insatiable corporate amoeba it is, doubled down on their buying efforts, trusting their Zestimate data to give them an accurate assessment of the market. A market, mind you, that they were artificially inflating by paying over market value for homes that STILL NEEDED WORK ๐คฆ๐ผโโ๏ธ
I could go on all day detailing the folly of Zillow's foray into the flipping game, but just know this is a win for real estate investors. Zillow's failure highlights the importance of a boots-on-the-ground understanding of a real estate market when making investments. It makes evident the fact that although big data is vital in making investment decisions, having savvy professionals who can observe trends and shifts on a micro-level is key to making informed decisions based on what the market is doing in real-time. We feel for the employees who've been laid off as a result of the end of Zillow Offers, but hopefully, they land on their feet and this creates a new round of #DealHunters starting their journey to financial freedom. Check out the episode and let us know what you think of Zillow's attempt at house-flipping.
Mentioned in today's episodePropstreamLaunch ControlForeclosure.comRentReportersHere's a link to the article Donny discussed in today's episode:Zillow To Lay Off 25% Of Its Workforce And Shutter House-Flipping ServiceWant to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcReach out to Jonathan to learn more about the Foreclosure Deals Coach Program!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY
A little real estate news over the weekend never hurt, so we figured we'd come through with this week's episode today and not deprive our listeners of the latest in real estate investing. We've been telling you about insane market appreciation for what seems like 2 years, and as homes become more expensive, it becomes increasingly more difficult for first time buyers to own a home. In turn, we're seeing a lot of would-be buyers enter the rental market to wait out the real estate bubble, which is causing rental rates to skyrocket. For renters, this is an unfortunate consequence of market fluctuations from a homebuyers market they aren't looking to join. But for #DealHunters and investors, this development could ultimately pay long-term dividends if leveraged correctly. Right now, buying a deal, fixing it up, and renting it out will net the savvy investor major returns from increased rental income, mortgage pay down, and market appreciation. We are a flipping show, so most of our content speaks to investors looking for the short-term profitability of a flip deal. However, as the market continues to show signs of an eventual upheaval, investors who pivot to a buy & hold strategy could set the foundation of an investment portfolio with built-in protections against a looming market correction.
Mentioned in today's episodePropstreamLaunch ControlForeclosure.comRentReportersHere's a link to the article Donny discussed in today's episode:Here's Why Zillow Won't Be Buying Any More Homes To Renovate Or Resell This YearWant to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcReach out to Jonathan to learn more about the Foreclosure Deals Coach Program!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY
We are always so thankful that our devoted listeners and #DealHunters tune in every week to hear the latest in real estate news from the #ForeclosureDealsCoachPodcast team, so pat yourselves on the back for being so cool. A brief sabbatical won't stop the momentum, and today we're talking about one of our...favorite companies, Zillow, and more specifically, their Zillow Offers branch. If you've been paying attention, you've probably noticed Zillow buying up properties in the market over the last few quarters. However, they recently announced they would be stalling acquisitions until 2022. As investors, we should be happy, right? Removing a big player like Zillow gives us access to more deals, but paying attention the whales in the industry can help you forecast where the market's heading. Whatever caused Zillow Offers to stall will have an affect on the mom & pop investors if you will, but if you're tuned into the market, you should be able to capitalize on this shift. Listen up as we try not curse Zillow for a whole episode, and see what you should be expecting as you look to lock up your next deal in the fourth quarter.
Mentioned in today's episodePropstreamLaunch ControlForeclosure.comRentReportersHere's a link to the article Donny discussed in today's episode:Here's Why Zillow Won't Be Buying Any More Homes To Renovate Or Resell This YearWant to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcReach out to Jonathan to learn more about the Foreclosure Deals Coach Program!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY
Hello, and welcome back!
Let's not waste any time; the Democrats are proposing a new, 20-year mortgage program through Ginnie Mae that could spur first-generation homebuyers into homeownership, but what does that mean for people who have gradually been getting priced out of their slice of the American Dream over the last few years? In general, longer mortgage terms allow the cost of the home to spread out over time, lowering the monthly payments. One would assume a 20-year mortgage would increase monthly payments and make it more difficult for new homebuyers to qualify for a loan, but the government plans to subsidize the interest rates to help offset some of those costs. That sounds good in theory, but what would a program like this look like in real life? This proposed program could very well fizzle out without getting off the Senate floor, but we went ahead and discussed some of the concepts that influence potential legislation like this and how you as investors and #DealHunters should prepare. Check out the episode and let us know what you think of the Democrats' plan.
Mentioned in today's episodePropstreamLaunch ControlForeclosure.comGoHighLevelRentReportersHere's a link to the article Donny discussed in today's episode:Dems Propose 20-Year Mortgage For First-Gen HomebuyersWant to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcReach out to Jonathan to learn more about the Foreclosure Deals Coach Program!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY
So today, we're taking a look at some global news as we discuss Evergrande, China's largest real estate developer. There have been rumors that Evergrande will be defaulting on $300,000,000,000 in real estate, and global markets have started to shift in response. Americans should be all too familiar with the concept of loan defaults; the mortgage crisis of 2008 spurred a global recession based on the collapse of sub-prime mortgage backed securities. So although today's troubles might seem a world away, we understand that globalization and the interdependency of international economies means no one is safe from feeling the shockwaves of a collapse of this magnitude. Have we scared you enough yet?! Well, fear not. As G.I. Joe once said, "Knowing is half the battle," and we make sure we do our part to keep our listeners informed so they can make decisions to secure their future. Listen in as we break down what to expect, and don't let anyone pr any circumstance stop you from accomplishing your real estate goals.
Mentioned in today's episodePropstreamLaunch ControlForeclosure.comGoHighLevelRentReportersHere's a link to the article Donny discussed in today's episode:China's Embattled Developer Evergrande Is On The Brink Of Default. Here's Why It MattersWant to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcReach out to Jonathan to learn more about the Foreclosure Deals Coach Program!Click the GoHighLevellink to sign up for a Free 14-Day Trial and revolutionize your marketing systems today!
Sign Up For Your Free 14-Day Trial Of GoHighLevel!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY
Greetings #ForeclosureDealsCoach Family!
We had to take a quick break last week, but we're back with more information on the latest in real estate investing news. In today's episode, we discuss the phenomenon of "shrinking home-flipping profits" proposed by CNBC in today's article. As investors and flippers, this might send a shiver down your spine, however, we understand that the talking heads in real estate (of which we are one lol) can sometimes push narratives that don't always line up with reality. The cost of resources and rising prices of homes have definitely made real estate investing and flipping more expensive in general, but on a show where we emphasize the importance of "buying a deal," our listeners should be able to use the things they've learned from us and other sources to buy even better deals if they see your profits decreasing over time. So we should be asking ourselves, "what are some signs of rising costs and shrinking profits that I should look out for in my market," and "what can I do as an investor to protect my profits and continue scaling my business?"
Stay tuned as the guys break down today's article and give you their perspective on wise strategies you can employ in your business to safeguard your long-term viability as you continue to grow. Mentioned in today's episodePropstreamLaunch ControlForeclosure.comGoHighLevelRentReportersHere's a link to the article Donny discussed in today's episode:Home-Flipping Profits Are Shrinking, But Here's Where You Can Net The MostWant to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcReach out to Jonathan to learn more about the Foreclosure Deals Coach Program!Click the GoHighLevellink to sign up for a Free 14-Day Trial and revolutionize your marketing systems today!
Sign Up For Your Free 14-Day Trial Of GoHighLevel!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY
We don't claim to know everything on the #ForeclosureDealsCoachPodcast, but we do work to stay informed on a variety of topics that can have an effect on the real estate industry, our main area of expertise.
Is climate change real? Depending on what news media you ingest, you'll likely have a strong opinion on the validity of this phenomenon, but we can look back in history to see that our planet has undergone massive climate shifts in the distant past. Proponents and detractors can argue the point until they're blue in the face, but we see concerted efforts in multiple industries to do their part in staving off the negative consequences of global warming and the rising oceans. Places like Miami, Florida and New Orleans, Louisiana are routinely rocked by tropical storms, and the rising water levels loom forebodingly over beach front properties in these cities. As investors, we should always keep an eye on the future when making our investment decisions, whether they be short-term projects or long-term holding plays. In regards to weather and the climate, if we can forecast areas that might be negatively impacted by climate change, we can formulate investment strategies within those areas as well as places that might be ideal landing spots for people looking to escape tumultuous futures in meteorological trouble zones. Tune in for our take on this complex subject, and make sure you're doing your own research to stay well-informed.
Mentioned in today's episodePropstreamLaunch ControlForeclosure.comGoHighLevelRentReportersHere's a link to the article Donny discussed in today's episode:Homebuyers Aren't Taking Climate Change Seriously, Says Redfin CEOWant to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcReach out to Jonathan to learn more about the Foreclosure Deals Coach Program!Click the GoHighLevellink to sign up for a Free 14-Day Trial and revolutionize your marketing systems today!
Sign Up For Your Free 14-Day Trial Of GoHighLevel!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY
Alright, so we highlighted a potentially smart play for homeowners and real estate investors on last week's episode when we discussed tapping into home equity to fund investments into real estate and other ventures. But in true #ForeclosureDealsCoachPodcast fashion, we have to call attention to the harrowing possibilities that loom based on current market trajectory. The market is growing; that's no secret. But all things that go up must come down, and real estate is no exception. But when you combine market corrections, rising interest rates, and falling real estate prices with an impending flood of foreclosures as a result of eviction moratoriums, you start to see how all the equity that homeowners have accumulated during the up years can be instantly repossessed by banks calling mortgage notes due. One of our main goals is to make our listeners aware of how a combination of factors can impact their ability to build wealth through real estate. We don't want to scare you, but we know, if you consume relevant information and leverage your relationships and resources, you can prepare for any future. Well, you're all apart of our #ForeclosureDealsCoachFamily, and you can bet we're going to do our best to provide perspective to help you make the best choices for you.
Mentioned in today's episodePropstreamLaunch ControlForeclosure.comGoHighLevelRentReportersHere's a link to the article Donny discussed in today's episode:Fed Is Stoking Another Real Estate Price Bubble That Will Wipe Out Home Equity, Investor Peter Boockvar WarnsWant to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcReach out to Jonathan to learn more about the Foreclosure Deals Coach Program!Click the GoHighLevellink to sign up for a Free 14-Day Trial and revolutionize your marketing systems today!
Sign Up For Your Free 14-Day Trial Of GoHighLevel!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY
Greetings, and welcome back!
Today, we're discussing a phenomenon that's become prevalent across the country; homeowners sitting on a TON of equity. If you've listened to the pod for awhile and are paying attention to the real estate market, you already know the price of homes has been on a rapid ascent for a while now. That isn't great news for new homebuyers, but people who already own a home have seen the value of their homes increase while they steadily pay down their mortgage. But for most people, "equity" is just another real estate term; it correlates to a dollar amount, but they don't really understand the importance of it. In order to add more context to the concept, let me ask you a question. If you could tap into the mounds of dollars you've accumulated by owning your home, what would you do with it? Would you pay down debt, make improvements to your home, or go splurge on that new Corvette you've been eyeing? Well, if you're a real estate investor with access to substantial capital from your home, you should be looking for a deal and jumping head first into your next project. Stay tuned as the guys break down the science of tapping into your equity, and make sure you're making the most of the financial shift we're currently experiencing.
Mentioned in today's episodePropstreamLaunch ControlForeclosure.comGoHighLevelRentReportersHere's a link to the article Donny discussed in today's episode:A Third Of Homes Are "Equity Rich"Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcReach out to Jonathan to learn more about the Foreclosure Deals Coach Program!Click the GoHighLevellink to sign up for a Free 14-Day Trial and revolutionize your marketing systems today!
Sign Up For Your Free 14-Day Trial Of GoHighLevel!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY
Greetings #DealHunters and #ForeclosureDealsCoach family!
Today, we're taking a step outside of the real estate investment space and looking at cryptocurrency. This digital form of currency has created a marketplace where popular "coins" like Bitcoin and Ethereum are trading for 10's of thousands of dollars every day. Much like stocks, crypto traders buy and sell Bitcoin and other "altcoins" some traders have leveraged their holding positions into millions of dollars in profit. Any investment with that kind of return is something you should be looking into, but as you know, we're a real estate podcast. We consistently reiterate the opportunity to accumulate wealth by investing in real estate and "buying a deal," but as the financial landscape and real estate market continues to change in response to COVID-19 and other key factors, should real estate investors be looking to hedge the coming market correction and convert their portfolios to cryptocurrency? Listen as Donny and Jonathan share some of their experience with crypto and learn how you can make the most of this new form of commerce.
Mentioned in today's episodePropstreamLaunch ControlForeclosure.comGoHighLevelRentReportersHere's a link to the article Donny discussed in today's episode:Bitcoin VS. Real Estate: Which Is The Better Investment For You?Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcReach out to Jonathan to learn more about the Foreclosure Deals Coach Program!Click the GoHighLevellink to sign up for a Free 14-Day Trial and revolutionize your marketing systems today!
Sign Up For Your Free 14-Day Trial Of GoHighLevel!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY
Take stock of the current financial climate and you'll see signs of big changes on the horizon. However, one thing that's been constant for an extended period is the rising prices of homes. Market appreciation, low inventory, and buyers paying over asking price
If you take stock of the current financial climate, you'll notice signs of big changes coming soon. One thing that's been constant for a while has been the increasing prices of homes across the country. Consistent market appreciation, low housing inventory, and buyers' willingness to pay over asking price to secure a home have all contributed to homeownership being a distant dream for most consumers, but the bidding wars of the past 8 months are no longer the key ingredient of overpriced housing. Listen as Donny and Jonathan discuss the factors pricing homeowners out of the market, and stay updated on the latest in real estate.
Mentioned in today's episodePropstreamLaunch ControlForeclosure.comGoHighLevelRentReportersHere's a link to the article Donny discussed in today's episode:Survey: Bidding Wars Aren't The Problem AnymoreWant to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcReach out to Jonathan to learn more about the Foreclosure Deals Coach Program!Click the GoHighLevellink to sign up for a Free 14-Day Trial and revolutionize your marketing systems today!
Sign Up For Your Free 14-Day Trial Of GoHighLevel!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY
If you haven't noticed, the world of finance and the way we view money is changing. Banks are offering mortgage rates as low as we've seen, but "mortgage servicer" companies like Quicken Loans, now the fully rebranded Rocket Mortgage, are getting high approval rates from customers for their ability to simplify the mortgage process. Couple that with investors injecting the market with capital earned outside real estate, and access to capital for buyers and real estate investors is as prevalent as ever. With so many options, where should you as an investor focus your efforts when looking to acquire funding for your next deal? Stay tuned as Donny breaks down the science behind the "New Banking Millennium" and make sure you're ahead of the curve as things continue to change.
Mentioned in today's episodePropstreamLaunch ControlForeclosure.comGoHighLevelRentReportersHere's a link to the article Donny discussed in today's episode:Non-Bank Lenders Gain PopularityWant to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcReach out to Jonathan to learn more about the Foreclosure Deals Coach Program!Click the GoHighLevellink to sign up for a Free 14-Day Trial and revolutionize your marketing systems today!
Sign Up For Your Free 14-Day Trial Of GoHighLevel!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY
Hello, hello, hello, and welcome back to the #ForeclosureDealsCoachPodcast! Today we're discussing some of our favorite people; real estate investors! Specifically, what role investors are playing in the rampant increase in real estate prices across the country. As investors, we buy real estate at wholesale rates and trade the renovated properties at retail prices. But it could be said the investors' goal of pricing their properties at the top of an already inflated market is only exacerbating the shrinking affordability of homes nationwide. We understand that a lack of inventory is one of the key factors contributing to the unprecedented market appreciation, but how can investors continue to see profits from real estate without shutting out entry-level homebuyers as listing prices continue to rise? Listen up to learn more and continue to operate as investors looking to bring value to their clients.
Mentioned in today's episodePropstreamLaunch ControlForeclosure.comGoHighLevelRentReportersHere's a link to the article Donny discussed in today's episode:Coldwell Banker CEO Says Investors Snatching Up Homes Is Not A Driving Force In Hot Housing MarketWant to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcClick the GoHighLevellink to sign up for a Free 14-Day Trial and revolutionize your marketing systems today!
Sign Up For Your Free 14-Day Trial Of GoHighLevel!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY
What's up, everybody?! Today, we're taking a look at a developing story that could have ramifications on the real estate world. The U.S. Department of Justice (DOJ) has reversed course on a settlement agreement they made with the National Association of Realtors (NAR) in the last days of the Trump administration over anti-trust claims. Commission arrangements and consumer disclosure requirements were two of the main points of contention in the suit, and as companies like Zillow introduce home buying and listing services at reduced percentages or flat rates, the real estate agent's role in the transaction starts to come into question. What future does this spell for agents, and what can investors like us expect from agents going forward? Stay tuned for more spine-tingling events as Donny gives his take on the case!
Mentioned in today's episodePropstreamLaunch ControlForeclosure.comGoHighLevelRentReportersHere's a link to the article Donny discussed in today's episode:DOJ Withdraws Settlement From NARWant to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcClick the GoHighLevellink to sign up for a Free 14-Day Trial and revolutionize your marketing systems today!
Sign Up For Your Free 14-Day Trial Of GoHighLevel!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY
Welcome back #DealHunters! If you've been listening to the show long enough, you've heard of the "Four F's of Foreclosure": Find, Fund, Fix, and Flip. Depending on your real estate investing experience, you might be getting hung up on the "Find" part, but the most common obstacle to new investors is how to "Fund" their deal. We emphasize the importance of making strategic partnerships in this industry, and in this instance, one of the best partners you can find is a private or hard money investor. But as you become more successful and start doing more deals, it will inevitably become necessary to cultivate a number of investor relationships. In doing so, it will become paramount that you have clear records of which partner is financing what deal, the interest rate for each agreement, and the timeline for getting the investors' money back to them.
You have now entered the world of capital management, and if you don't have a financial background, this can quickly take up the time you should be spending finding deals and managing your projects. Enter Matthew Peretz and Traction Capital. With a military background and professional experience working for the investment division at Merrill Lynch, Matthew had developed a reputation for effectively managing both his clients' money and their expectations as he invested their funds in different vehicles. After a "brainstorming" session with our favorite #ForeclosureDealsCoach, the idea for Traction Capital was born, and Matthew has used his skills to revitalize the money management portion of the business while offering investors access to one of the most stable investment vehicles with returns that consistently outpace the market: real estate. Listen up as Donny and Matthew detail how to combine the worlds of real estate investing and capital management into an effective business model that pays dividends to investors and sets clients on the path to financial independence.
Mentioned in today's episode:PropstreamLaunch ControlForeclosure.comGoHighLevelRentReportersHere's a link to the article Donny discussed in today's episode:"Little Slice Of Hell" House Under Contract With Cash Offer; Off The MarketWant to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcClick the GoHighLevellink to sign up for a Free 14-Day Trial and revolutionize your marketing systems today!
Sign Up For Your Free 14-Day Trial Of GoHighLevel!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY-Day Trial Of Propstream TODAY
Delving into real estate can undoubtedly be a stressful undertaking, but every once in a while, buyers and investors come across a situation that sends a chill up their spine. Enter the "Colorado Hell House." On the surface, this property at 4525 Churchill Drive is a nice home. But with tenants who had fallen behind on their rent and the prospect of an impending foreclosure, the property had become a considerable burden for the owner. Unsurprisingly, the owner decided to sell the home, and in doing so, had the unenviable responsibility of evicting their tenants. You would think multiple months of free rent would have made the tenants a bit more understanding, but unfortunately they were not, and in their frustration, they vandalized the property on their way out. Spray painted obscenities on every blank surface, trash and rotten meat left in the basement, and feces all over the floor were just a few of the spiteful reminders of their disdain for the situation. Their hopes were that the owner wouldn't be able to sell the home as their way of getting revenge, but as the listeners of our show can attest, in most cases, the more distressed and ugly the home, the bigger the deal for savvy real estate investors like ourselves.
Listen up as Donny breaks down the horror that is the situation at 4525 Churchill Drive and make sure you adopt the mindset of finding deals where others might not look.
Mentioned in today's episode:PropstreamLaunch ControlForeclosure.comGoHighLevelRentReportersHere's a link to the article Donny discussed in today's episode:"Little Slice Of Hell" House Under Contract With Cash Offer; Off The MarketWant to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcClick the GoHighLevellink to sign up for a Free 14-Day Trial and revolutionize your marketing systems today!
Sign Up For Your Free 14-Day Trial Of GoHighLevel!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY
What a time to be alive! As the country continues to recover from the whirlwind that was 2020, we are just starting to see the impact of a worldwide pandemic, economic shutdowns, and widespread unemployment in our day-to-day lives. Rent and eviction moratoriums were beneficial for the people negatively impacted by COVID-19, but as time wore on, it became clear that some were more content than others to squeeze every last drop of relief out of the economic stimulus initiatives. I mean, who doesn't like free money and no rent payments, amiright?! But now, as the moratoriums are ending, the normal tenant-landlord relationship is being restored, and rising rent rates seem to be a side effect. But what factors contributed to these increases? Listen as Donny breaks down why renters are seeing a spike in their rates and what they can do to take back their power.
Mentioned in today's episode:PropstreamLaunch ControlForeclosure.comGoHighLevelRentReportersHere's a link to the article Donny discussed in today's episode:Rents For Single Family Homes Just Saw The Largest Gains In 15 YearsWant to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcClick the GoHighLevellink to sign up for a Free 14-Day Trial and revolutionize your marketing systems today!
Sign Up For Your Free 14-Day Trial Of GoHighLevel!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY
We all love Dave Chapelle, but one thing we love more than Dave is equipping listeners with the knowledge to capitalize on changes in the real estate market. Today, we're highlighting a phenomenon that's been years in the making; the housing boom of 2020. Contrary to what you might believe, real estate has flourished during one of the most trying times in the history of the world. We understand factors like low housing inventory and low interest rates have contributed to the market increase, but how can we take heed to the lessons we learned during our most recent financial crisis to better prepare for the future. We haven't begun to see the effects of last year's financial hardships; continue to educate yourself so you can stay ahead of the curve as the economic landscape changes.
Mentioned in today's episode:PropstreamLaunch ControlForeclosure.comGoHighLevelRentReportersHere's a link to the article Donny discussed in today's episode:Homeowners See Nearly 20% Equity Jump In A YearWant to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcClick the GoHighLevellink to sign up for a Free 14-Day Trial and revolutionize your marketing systems today!
Sign Up For Your Free 14-Day Trial Of GoHighLevel!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY
Welcome back #Dealhunters! Today, we've got a treat for you; we got a chance to sit down with Gabrielle Simmons of Diamond Homebuyers out of Colorado Springs. Having started wholesaling only 18 months ago, you could consider Gabrielle fairly new to the investing game. But as you'll find out in the interview, through an insatiable drive to succeed and the awareness to realize the importance of strategic partnerships in this industry, Gabrielle's been able to fast-track her production and gain more experience in those 18 months than you would see in more "seasoned" investors. I don't want to give all the juicy details away in the show notes, but her story is really amazing and our favorite Foreclosure Deals Coach has been able to contribute to a portion of Gabrielle's success with helpful advice and his perpetual search for the next deal. Sit back and enjoy this conversation and reach out to Gabrielle at the links below if you have deals or would like to learn more about how she became one of the most recognizable investors in Colorado.
Mentioned in today's episode:PropstreamLaunch ControlForeclosure.comGoHighLevelRentReportersYou can reach Gabrielle Simmons at her website gabrielle-simmons.com **or reach out to her on social media at the links below:
Facebook: Gabrielle Simmons Instagram: @TruckerLadyG*Want to get started?*Join the Foreclosure Deals Coach Insiders** group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcClick the GoHighLevellink to sign up for a Free 14-Day Trial and revolutionize your marketing systems today!
Sign Up For Your Free 14-Day Trial Of GoHighLevel!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY
Home prices are at an all-time high; this isn't news at this point. Regardless of the market, people are always going to need a place to live, but as the supply dwindles, how can consumers navigate the homebuying process without overpaying? Homeownership and real estate are foundational for wealth-building in this country, and buyers should feel happy after purchasing their home. But over-leveraging yourself through bidding wars and appraisal gaps, in the beginning, could compromise your financial stability in the future if the market corrects or you're in a position where you need to sell. Regret shouldn't be something you feel when you're in the living room of your home, but if you buy an under-market deal and put a little sweat equity into it, you can ward off buyer's remorse while you watch your equity grow.
Mentioned in today's episode:PropstreamLaunch ControlForeclosure.comGoHighLevelRentReportersHere's a link to the article Donny discussed in today's episode:Buyers Regret Isn't Plaguing Most Recent PurchasersWant to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcClick the GoHighLevellink to sign up for a Free 14-Day Trial and revolutionize your marketing systems today!
Sign Up For Your Free 14-Day Trial Of GoHighLevel!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY
As a mea culpa for making you wait so long for a new episode, we figured we'd drop two today to extend the proverbial olive branch. What better way to get back into the swing of things than by highlighting THE BEST homebuying loan on the market. Additionally, by making the benefits of the VA Loan known in Colorado where we do business, we are providing a valuable service to the large military population we have in our market. You have probably heard us sing the praises of the VA Loan before, but the fact that with it, military homebuyers can get into a new home with NO MONEY DOWN while being offered the lowest interest rates on the market, gives them the ultimate leverage as they compete in the hyper-competitive real estate market of today. Our mission is to significantly add to the 35% of veterans who take advantage of this powerful home buying tool and show them how they can leverage the VA to secure their family's financial future. We're back and even more committed to getting this information out there as the #ForeclosureDealsCoachPodcast continues to be your resource for the mindset, methodology, and tools you'll need to become a successful real estate investor!
Mentioned in today's episode:PropstreamLaunch ControlForeclosure.comGoHighLevelRentReportersHere's a link to the article Donny discussed in today's episode:Millennial Military Veteran Fuel Demand For VA LoansWant to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcClick the GoHighLevellink to sign up for a Free 14-Day Trial and revolutionize your marketing systems today!
Sign Up For Your Free 14-Day Trial Of GoHighLevel!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY
Hello, hello, hello, and welcome back! We know it's been a while since we've talked to you, our loyal listeners, about the latest in real estate and foreclosure investing, but let us explain. In conjunction with our commitment to being a resource for new and experienced real estate investors, we also run a full-time investment and flipping organization. We relish being able to tell you how we approach the business, but we feel it's important for our listeners to know that we're putting our words into practice and actively applying the same techniques and principles we preach on the show. Anyone paying attention knows the current real estate market is the hottest we've seen in recent memory, so we've been busy setting up infrastructure, processing transactions, and managing construction projects to capitalize on the momentum we're seeing in the industry. Tune in as Donny details new things happening in our business as well as how we're approaching developments that are changing real estate today.
Mentioned in today's episode:PropstreamLaunch ControlForeclosure.comGoHighLevelRentReportersWant to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcClick the GoHighLevellink to sign up for a Free 14-Day Trial and revolutionize your marketing systems today!
Sign Up For Your Free 14-Day Trial Of GoHighLevel!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY
Another week in the books, and the #ForeclosureDealsCoachPodcast is back again to give you the latest in the world of real estate investing. Today, we're having a discussion with Sarah McGarry, local Colorado real estate agent and newest member of the Foreclosure Deals Coaching Program. As the brand continues to grow, we remain committed to being a resource for new investors and real estate professionals looking to expand their knowledge into the world of investing. Donny and Sarah discuss her history as a real estate agent, her motivations for getting coaching, and how she sees her future going forward as she grows as an investor. #DealHunters we have more testimonies of people who've embraced the life of real estate investing. Stay motivated and remember your next deal is right around the corner!
Mentioned in today's episode:PropstreamLaunch ControlForeclosure.comGoHighLevelRentReportersWant to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcClick the GoHighLevellink to sign up for a Free 14-Day Trial and revolutionize your marketing systems today!
Sign Up For Your Free 14-Day Trial Of GoHighLevel!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY
Welcome back, welcome back, welcome back! Today we take a look at some new developments in the battle for real estate data as the NAR and their property access tool Sentrilock square off against Zillow with its recent acquisition of ShowingTime. Over the years, Zillow's influence in the real estate industry has grown as they've parlayed their access to the MLS into a position of confidence in the appraisal space with their Zestimates and recently, minimizing consumers' need for listing agents with Zillow Offers. Now, with access to all of ShowingTime's data on showings over the last 2 decades, Zillow has positioned itself as a more informed resource for real estate advice than realtors, much to the chagrin of the NAR (National Association of Realtors). In an effort to slow Zillow's assimilation of the real estate industry, the NAR is using Sentrilock, their tool that gives real estate agents electronic access to lockboxes on listings, to mount a last-ditch effort to secure the remnants of the industry data they didn't value in the past. We don't have a problem with realtors or real estate agents, but if our fellow real estate professionals don't adopt more investment principles, they could see their necessity dwindle in the coming years. Stay tuned for more information on this real estate revolution, and make sure you're up-to-date on developments in your area.
Mentioned in today's episode:PropstreamLaunch ControlForeclosure.comGoHighLevelRentReportersHere's a link to the article Donny discussed in today's episode:NAR Schedules A Proxy War With ZillowWant to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcClick the GoHighLevellink to sign up for a Free 14-Day Trial and revolutionize your marketing systems today!
Sign Up For Your Free 14-Day Trial Of GoHighLevel!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY
Welcome back #DealHunters! Today, we're having a discussion with Alex Lovera, CEO of ManyBuild Inc. We always discuss the mindset, methodology, and tools to be a successful foreclosure investor, and Alex and his team have created a tool that will truly revolutionize the general contractor industry. As investors, our audience has firsthand experience with some of the difficulties that come with hiring competent contractors. In some cases, if contractors aren't quoting you exorbitant prices for standard work, they're likely missing deadlines based on "unforeseen circumstances," overstating their proficiencies with certain tasks, or causing a ruckus about payment of invoices mere days after they've "completed" the job. We know all contractors aren't like this, but in a business where time is money, wouldn't it be great to have a resource that could save you time by vetting contractors to ensure their professionalism, hosting a profile displaying some of their previous work, and providing translation services to make communication with contractors whose first language might not be English easier?
Imagine the time you could save if there was an app you could use to accomplish all of this while being able to get updates on your jobs through pictures and messages in the app. Well, that's exactly what Alex has created, and as ManyBuild Inc. continues to grow, more investors will begin to realize the benefits of incorporating this tool into their construction process. Listen up as Donny and Alex break discuss ManyBuild Inc. and make sure to sign up for the app when it hits your market!
Mentioned in today's episode:PropstreamLaunch ControlForeclosure.comGoHighLevelRentReportersCheck out ManyBuild Inc. and learn when it will be coming to your market ManyBuildSolutions.comWant to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcClick the GoHighLevellink to sign up for a Free 14-Day Trial and revolutionize your marketing systems today!
Sign Up For Your Free 14-Day Trial Of GoHighLevel!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY
Today, we're bringing you information on some interesting developments in the real estate industry. Real Estate Exchange, an Austin, TX real estate startup, recently filed a lawsuit in federal court accusing Zillow of anti-competitive behavior after Zillow's new listing layout began obscuring the visibility of certain listings in favor of more easily viewable Zillow-affiliated posts on their site. Additionally, Trulia and the National Association of Realtors (NAR) are also named in the suit. This news reiterates previous points we've made on the #ForeclosureDealsCoachPodcast about Zillow's ability to steer the real estate industry with the amount of listing and real estate data they have access to. If you control all the information, you also have the ability to determine which pieces of information are made available. In a free market, one data provider having access to too much information can only lead to a vacuum of influence and power. Listen as Donny breaks down the situation, and stay tuned for the latest news in real estate investing.
Mentioned in today's episode:PropstreamLaunch ControlForeclosure.comGoHighLevelRentReportersHere's a link to the article Donny discussed in today's episode:Real Estate Exchange Files Antitrust Suit Against Zillow, NARWant to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcClick the GoHighLevellink to sign up for a Free 14-Day Trial and revolutionize your marketing systems today!
Sign Up For Your Free 14-Day Trial Of GoHighLevel!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY
Welcome back, folks! What better way to finish the month than with an interview and man was this one packed with information. Joe Sugg is a financial coach and creator of Middle-Class Millionaire, a program centered on entrepreneurial-minded, faith-focused financial freedom. One of the key goals of the Foreclosure Deals Coach program is financial freedom through real estate, and the synergy of vision led to a great discussion between Donny and Joe on a wide range of investing and financial strategies. Donny and the Foreclosure Deals Coach team view real estate as one of the best investment vehicles to see consistent growth while protecting your capital from inflation, but tune in to learn how Joe leverages retirement funds, REITs, and stock options to help his students create well-rounded investment portfolios that ensure their financial security post-retirement while seeing great returns.
Mentioned in today's episode:PropstreamLaunch ControlForeclosure.comGoHighLevelRentReporters Sign Up For The Middle-Class Millionaire Coaching Programhttps://mcmuniversity.com/Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcClick the GoHighLevellink to sign up for a Free 14-Day Trial and revolutionize your marketing systems today!
Sign Up For Your Free 14-Day Trial Of GoHighLevel!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
Welcome back, #DealHunters! We took a quick break last week, but we're back with even more information on the real estate industry. Appraisal gaps are becoming more common as buyers look to secure a home, but should consumers be okay with the practice? Due to the low inventory across the country, buyers are finding themselves in bidding wars for homes on the market. These bidding wars are causing prices to shoot up way past the original list price, but when appraisers come in to give valuations for these properties, the appraised value of the home is coming in well below the purchase price in buyer's offers. This creates the "gap" or difference between the appraised value and the perceived value that the buyer is willing to pay. But should buyers and their real estate agents be comfortable overpaying for properties? We know the importance of buying a deal as it allows buyers to walk into their new home with equity, but a buyer purchasing a home with an appraisal gap already puts themself at a disadvantage in the event the market corrects, and the value of homes decrease. Learn more about appraisal gaps so you can be an informed resource for buyers and investors as they contemplate their options.
Mentioned in today's episode:PropstreamLaunch ControlForeclosure.comGoHighLevelRentReportersHere's a link to the article Donny discussed in today's episode:What Happens If Your Appraisal Comes In LowClick the GoHighLevellink to sign up for a Free 14-Day Trial and revolutionize your marketing systems today!
Sign Up For Your Free 14-Day Trial Of GoHighLevel!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdc
Welcome back #DealHunters! Today, we're changing the format just a bit to expand the Foreclosure Deals Coach universe. If you haven't heard, Clubhouse is a new, rapidly growing app that lets users create audio chat rooms to host group discussions on topics in which they have expertise. We're all about real estate investing, and more specifically, finding the best deals on the market, so you know it was only a matter of time until we brought our #DealHunter gospel to the Clubhouse masses. Gabrielle Simmons, the moderator for the room and future guest of the #ForeclosureDealsCoachPodcast, does a great job of including a wide variety of investors in these weekly discussion panels, but it's her knowledge and skills as acquisition lead for Diamond Homebuyers that gives her the perspective to offer great insight on the world of wholesaling and investing. Listen up for a rundown of Donny's recent acquisition of an on-market deal, and make sure to follow Donny Coram, Gabrielle Simmons, and Foreclosure Deals Coach on Clubhouse for details on our next discussion!
Mentioned in today's episode:PropstreamLaunch ControlForeclosure.comGoHighLevelRentReporters
Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcClick the GoHighLevellink to sign up for a Free 14-Day Trial and revolutionize your marketing systems today!
Sign Up For Your Free 14-Day Trial Of GoHighLevel!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
Hey, what's the DEAL-io?!
๐ see what I did there ๐คฆโโ๏ธ
Aaaaanyway, today we're discussing our favorite company, Zillow as they continue their gradual assimilation of all functions of the real estate industry. There has been rumors that Zillow would be purchasing ShowingTime, the leading showing-setting software in the industry. For people not familiar, this might just look like another corporate acquisition, but the implications this merger could have on the realtors and real estate investors could be drastic. If a company like Zillow gains access to all the showing data in the industry, how do you think they could leverage their understanding of showings for consumers that might impact real estate professional's ability to do their jobs? Stick around for more spine-tingling events, and make sure to like, comment, and subscribe to your favorite podcast for the latest in real estate and foreclosure news.
Mentioned in today's episode:RentReportersHere's a link to the article Donny discussed in today's episode:Zillow To Buy ShowingTime For $500MWant to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcClick the GoHighLevellink to sign up for a Free 14-Day Trial and revolutionize your marketing systems today!
Sign Up For Your Free 14-Day Trial Of GoHighLevel!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
Welcome back #DealHunters! Today is another look into the future as we ponder the current trajectory of the real estate market. Nationally, you wouldn't be off describing real estate as a "hot market," but can national market growth continue raging over the next few years, or will measures or circumstances arise that fan the flames? In a previous episode, we questioned if 2% interest rates would be the norm in real estate going forward, and Donny made his feelings known on how he felt the market might be affected if that was the case. If rates do eventually rise, will the market correction be so drastic that homeowners are put at a disadvantage as they look to buy? Tune in for Donny's take on the situation, and always do research to formulate your own opinions so you can dominate in your market!
Mentioned in today's episode:PropstreamLaunch ControlForeclosure.comGoHighLevelHere's a link to the article Donny discussed in today's episode:We Need Higher Mortgage Rates To Cool The Housing MarketWant to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcClick the GoHighLevellink to sign up for a Free 14-Day Trial and revolutionize your marketing systems today!
Sign Up For Your Free 14-Day Trial Of GoHighLevel!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
We are back and we don't suggest drawing an offensive foul on this next subject if you match up with him in your local rec league. Shaquille O'Neal, NBA Champion, TV personality, and all-around lovable character is known for his incredible feats on the basketball court and jovial demeanor off of it. In addition, he's always been recognized as a successful businessman with numerous ventures and sponsorships using his one-of-a-kind sense of humor and likeness to connect with audiences and keep cash registers churning. Our news article details a potential foray Shaq took into the world of luxury real estate flipping, but we're sorry to say the results bring to mind missed point-blank layups and turnovers out of the double team when the time came to tally profits at the closing table. Take a look at this real-life example of when well-intentioned flipping goes wrong, and let's all encourage each other in our real estate investment journeys while we learn from unfortunate miscues of our some of our more liquid, extended investor family.
Mentioned in today's episode:PropstreamLaunch ControlForeclosure.comGoHighLevelHere's a link to the article Donny discussed in today's episode:Shaquille O'Neal Recruits A Buyer For A Luxury $1.85M Spread In SoCalWant to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcClick the GoHighLevellink to sign up for a Free 14-Day Trial and revolutionize your marketing systems today!
Sign Up For Your Free 14-Day Trial Of GoHighLevel!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
Welcome back! This week Donny highlights what to look for if you're contemplating a run at luxury home flipping. Financing for high-end homes was traditionally more difficult as you got closer to the million-dollar price range, but as the price of real estate has increased, so have the lending proclivities of institutions looking to finance these big-ticket home purchases. As we can see, current events continue to influence opportunities in our industry; make sure you're up-to-date on new developments so you can capitalize on market shifts before they take hold.
Mentioned in today's episode:Launch ControlForeclosure.comGoHighLevelHere's a link to the article Donny discussed in today's episode:How One Lender Is Tackling Demands For Jumbo Loans In 2021Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcClick the GoHighLevellink to sign up for a Free 14-Day Trial and revolutionize your marketing systems today!
Sign Up For Your Free 14-Day Trial Of GoHighLevel!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
Do we have a good one for you today! As election season (FINALLY) draws to a close and we transition into the new Biden administration, we're seeing a lot of new and proposed legislation being discussed on Capitol Hill. We're a real estate podcast, so please save your political rantings for people who spend more time talking about that. However, we do have to address initiatives when they potentially impact the industry we hold in such high regard. One such initiative in talks at the moment is President Biden's plan to provide Americans with $15,000 in tax credit to be used to purchase homes. On the surface, this appears to be a great thing. Millions of Americans are going through a period of uncertainty in regards to their living situations, so any suggested plans to help soothe their concerns should be welcomed.
But we've just come off one of the most unprecedented years of market volatility that we've ever seen, and the results of these shifts are still playing out in real-time. Mortgage rates and inventory are at historical lows, leading to soaring real estate prices. Consumers with even more buying power and fewer homes to choose from are only going to continue to push the market upward, and we all know what goes up must eventually come down. Upon closer inspection, the implications of this plan forecast continued inflation and financial inequity between people still struggling to recover from the effects of the pandemic to those that saw their holdings increase to previously unseen levels during the same period of time. I don't want to give too much away in this description, but I suggest you listen all the way through so you can begin to form your own opinions of how this plan might impact the country going forward.
Mentioned in today's episode:Launch ControlForeclosure.comGoHighLevelHere's a link to the article Donny discussed in today's episode:Potential Impact Of Biden's $15,000 Homebuyer Tax CreditWant to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdcClick the GoHighLevellink to sign up for a Free 14-Day Trial and revolutionize your marketing systems today!
Sign Up For Your Free 14-Day Trial Of GoHighLevel!
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
Greetings, #DealHunters! Today, we're discussing interest rates, more specifically, how 2% interest rates are impacting the current market, and when we might expect to see an increase going forward. In 2020, the government introduced trillions of dollars into the U.S. economy to combat the impact of COVID-19. We've seen this money manifest itself as additional unemployment benefits, PPP loans for small businesses, and eviction and mortgage moratoriums. However, to maintain the natural flow of housing transactions, the government also decreased mortgage rates to historical lows in the 2% range. This, in effect, increased consumer's buying power, while making houses that buyers might not have qualified for in the normal markets with 4%-5% interest less expensive overall. There are a lot of positives to this reality, but what might the implications of these rates decreases be when rates eventually start to climb back up? Listen up for more insight, and make sure you're doing your best to get into one of the most advantageous markets for real estate investors in the last decade!
Here's a link to the article Donny discussed in today's episode:Could 2% Define Mortgages For The Next Decade
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co
Welcome back, foreclosure family. Today, we're discussing the factors that led to homeowners across the country experiencing a $1,000,000,000,000 increase in their home equity. Our article from CNBC sets the stage for our analysis, but if you've listened to the show long enough, you understand that the doom & gloom messages you see in the media oftentimes don't accurately reflect the levels of market growth and prosperity savvy business people achieve during times of "crisis." We are all still dealing with the effects of the COVID-19, but the #ForeclosureDealsCoachPodcast team implores you to not let the unfortunate scourge of the virus discourage your real estate investment dreams. As Donny always says, the best time to get into real estate is RIGHT NOW, so continue to educate yourself, partner with professionals who know more than you, and put forth the consistent and persistent effort so you can begin to reap the benefits of the historical gains we've seen in real estate!
Mentioned in today's episode:Launch ControlForeclosure.com
Here's a link to the article Donny discussed in today's episode:Homeowners Are $1 Trillion Richer Thanks To Pandemic-Driven Housing Boom
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdc
Happy New Year Foreclosure Deals Coach family! As we gear up for 2021, we thought it'd be a great time to reflect on everything we faced in 2020. If you've listened to the show long enough, you likely remember hearing Donny mention his goal of doing 50 flips in 2020. Admittedly a lofty goal for any investor, Donny and the team encountered even more obstacles than one might expect during the year of the COVID-19 pandemic. Where many investors and #Dealhunters might've given up, Donny led his team through pandemic lockdowns, staff restructuring, theft, and inconsistent access to materials & labor to emerge from 2020 having completed 40 FLIPS and gained a new level of understanding of what it takes to be a world-class real estate investor. Even though we didn't reach our goal of 50 units, the relationships we established, systems we put in place, and knowledge of what it takes to operate in one of the most volatile real estate markets in recent history has equipped us with the skills to aim even higher in 2021. We pledge to continue being an example for our listeners of boots-on-the-ground deal hunting, project management, and house flipping and can't wait for you to hear what we have planned for the new year. Stay tuned for more details, and make the commitment to let nothing stop you from achieving your goals in 2021!
Mentioned in today's episode:Launch Control
Here's a link to the article Donny discussed in today's episode:
There's "A Lot Of Opportunity" In Real Estate As Pandemic Pinches Property Market, Says Investor
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdc
EPISODE 100!!!
Truthfully, we didn't know how things would turn out when we started the #ForeclosureDealsCoachPodcast in June 2019, but now that we've officially made it to our 100th episode, we can confidently say our hard work and commitment to bringing our listeners the mindset, methodology, and tools needed to become successful foreclosure investors has allowed us to create a community of listeners, empower new investors to embark on their real estate journeys, and establish an education resource that can change people's lives. As such, we couldn't think of a better way to celebrate our accomplishment than by highlighting the first graduate of the Foreclosure Deals Coaching Program, Thomas Jaussi. Listen as Donny and Thomas discuss Thomas's motivations for joining the coaching program, his experiences finding, funding, fixing, and flipping his first deal, and the lessons he learned along the way with the help of our favorite Foreclosure Deals Coach!
If you're interested in joining the coaching program and closing on your first deal, click the link in the description and reach out to us! We'd love for you to become a part of the Foreclosure Deals Coach family!
Mentioned in today's episode:
Propstream
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdc
One episode away from 100, and we're still as motivated as ever to bring you the best information on real estate and foreclosure investing! Today, we discuss the topic of black homeownership. A recent article noted an increase in the number of black millennial homeowners, and we couldn't be more excited! We talk about the mindset of an investor all the time, but the fact that more young black Americans are embracing a homeowner's mindset points to a better understanding of wealth accumulation in our communities. Comparatively, mortgage approval rates & home buying numbers in the black community have fallen well short of similar figures in non-black communities. There are many factors that contribute to this disparity; some based on prejudice others based on systemic structure. But a lack of financial education and long term vision are two self-inflicted wounds that continue to exacerbate this trend. Listen as Donny delves into the historical significance of this dearth in black homeownership, and be encouraged that platforms like the #ForeclosureDealsCoachPodcast and other real estate educators are giving their listeners tools on how to build wealth through real estate!
Here's a link to the article Donny discussed in today's episode:More Black Millenials Are Becoming HomeownersWe're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdc
Even more #ForeclosureDealsCoach fun as the craziest year in recent memory comes to a close! Today, we're discussing a reality that everyone is experiencing. No, we're not here to have a COVID-19 vaccination debate, but due in part to shifts in the real estate industry caused by the virus, we're talking about the limited number of houses available on the market. As investors, we see a correlation between a lack of houses to buy and sell and a shortage of deals. But it's not as bad as some would make it out to be, and as such, limited inventory shouldn't stop our #DealHunters from keeping a watchful eye out for under-market properties. We preach consistency and competitiveness to our listeners because we view real estate as the ultimate game to be won. However, these two qualities will also help you separate yourself from the would-be cash buyers and part-time wholesalers who might let the "talking heads" convince them there are no deals to be made. You might have to recalibrate your acquisition strategy, but if refine your deal analysis, secure your funding, and act quickly when that next property comes across your desk, you stand to make even more money as the market scarcity forces less committed investors out of the industry. Wrap your mind around Donny's advice on how to make money in a low inventory market, and apply these principles to your business for continued success!
Mentioned in today's episode:
PropstreamHere's a link to the article Donny discussed in today's episode:Despite Low Inventory, Expect A Strong 2021 Housing MarketWe're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdc
Greetings #DealHunters! It seems like we've been caught in the throws of COVID-19 for 3 years, but as 2020 comes to a close, our understanding of the implications the virus has had on real estate and business in America over the last 9 MONTHS has become more clear. We've seen the government offer relief for those who lost their jobs with eviction moratoriums, mortgage interest rates have hovered at historic lows to help stimulate markets, all the while, inventory in most states has been the lowest we've seen in years. Consequently, the retail market has been in a strange spot as home prices continue to rise while people's ability to qualify for and purchase these homes has seen a slight downturn.
As investors, we've seen the consequences of this uncertainty as well, but not in the way most would expect. Low inventory and mortgage rates have spurred bidding wars among qualified homebuyers, and the scarcity has lead to bigger profits for agents and investors. But the lockdowns and public fear of COVID-19 has negatively impacted the infrastructure of the real estate industry. Material costs continue to rise as the supply chain slows in response to dwindling workforce numbers. Additionally, contractors who are usually motivated to secure new projects have in some cases been incentivized to stay home as government stimulus relief and unemployment benefits effectively replaced their income, cutting into labor resources. These circumstances lead to delays in renovations which will eat into profits on your next deal. As investors, how should we navigate these developments to get our projects to market on schedule? Donny has been working hard all year to reach his goal of 50 flips in 2020, and he's had to face all of these problems head on. Stay tuned as he gives insight on his strategy for flipping on schedule, and don't let these uncertain times stop you from closing your next deal!
Mentioned in today's episode:
PropstreamHere's a link to the article Donny discussed in today's episode:Homeowners Face Rising Costs, Slower Supply Chains Due To COVIDWe're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdc
Welcome back! Today is a mindset episode; depending on who you ask, you might be hearing that real estate investors should be shuttering their doors and waiting for the storm of the COVID-19 crisis and a cold winter to pass. Simply put, STOP LISTENING TO THOSE PEOPLE! We know our #DealHunters out there understand the importance of persevering through adversity when it comes to success in real estate and now is no different. But what should that perseverance look like to the savvy real estate investor? Our job as investors should be helping motivated sellers solve their real estate problems, so it would stand to reason that getting that message out to as many people as possible would be a sure-fire way to get in front of sellers looking to make a deal. And the only way to get that message out is through effective marketing. In a time where a lot of people are experiencing housing dilemmas, poignant marketing messages that speak to relief are going to help you cut through the market, and outpace your competitors. So keep those marketing systems dialed up and listen as Donny shares his perspective on why effective marketing is the key to long term success in real estate investing!
Mentioned in today's episode:
PropstreamHere's a link to the article Donny discussed in today's episode:Pandemic Uncertainty Is Keeping 34% Of Home Sellers Out Of The MarketWe're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdc
We missed our #DealHunter family over Thanksgiving, so we decided to give you a back-to-back dose of the #ForeclosureDealsCoachPodcast to jump-start your week!
Today, we discuss FHA loan default and its effect on the industry. The FHA (Federal Housing Administration) is a federally-backed insurance company that helps secure mortgages for lending institutions as they work with homebuyers. The program has many benefits for homebuyers (you can potentially buy a house with as little as $1,000 down!), but in instances where homeowners can't pay their mortgage, the FHA pays off the loan and takes the home back as collateral. As listeners to the show, you know that banks take possession of properties in much of the same way when their loans go bad, fueling the foreclosure market. However, in the case of the FHA, the properties are transferred to HUD (the Department of Housing & Urban Development) and are listed to sell. The FHA and other lending institutions share a key feature - THEY'RE NOT REAL ESTATE AGENTS. As such, both entities are motivated to offload these properties to buyers and investors to clear the bad loans from their books. But how would an influx of FHA defaults affect the market as owners look to buy & sell their properties? If you've read this far, you should probably just click the link and let Donny school you on how FHA defaults might affect you as you look to flip your latest deal to those anxious homebuyers.
Mentioned in today's episode:
PropstreamHere's a link to the article Donny discussed in today's episode:FHA Modifies Loan Standards As Defaults Pile Up: How The Changes Affect YouWe're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdc
Greetings folks, and welcome back! We hope you enjoyed Thanksgiving and were able to spend time with your families as the year winds down. Today, we're discussing a topic that can be subjective depending on where you are in the country - marketing budget. As investors, our main focus should be helping motivated sellers solve their real estate problems. As such, we understand the role effective marketing plays in connecting us with new clients so we can share our expertise. As your business grows, you should maintain a watchful eye over your marketing costs; the capital you invest to advertise that you buy deals should net you a positive return in the form of distressed or under market properties that you can flip or hold for a profit. However, as the market changes and technology advances, the methods you previously used might become outdated. If you're not aware of new developments, you could be throwing money at a strategy that no longer yields profitable returns and ends up wasting capital you could be using to acquire properties.
Additionally, understanding how and why your marketing budget fluctuates over time can give you unique industry insight and effective ways to advertise going forward. An increase in marketing dollars that leads to an increase in deals acquired is ideal, whereas an increase in dollars that leads to a static or decreasing number of deals could signal you need to adjust your marketing strategies. But what would a decrease in marketing budget that produces the same or more deals tell you about the state of your local market? If you're still trying to figure it out, have no fear! Donny's here to explain how he uses his personal marketing metric to forecast the Colorado Springs & Denver markets and what his figures are telling him about real estate in Colorado as we transition into 2021. You don't want to miss the details, so tune in, and make sure your marketing campaigns are setting you up for success!
Mentioned in today's episode:
PropstreamBatchleadsFreedomLogicHere's a link to the article Donny discussed in today's episode:2 Pandemic Housing Trends With Staying PowerWe're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdc
As the saying goes, "Rome wasn't built in a day," and as savvy #DealHunters, we know it takes time to build a profitable, well-run real estate empire that can function day-to-day without your direct input. Depending on where you are in your investment career, this might sound like a goal that's within reach or a pipe dream, but you must know the success of your organization and the future of your real estate empire hinges on one thing - your systems. Rome established incredible military, administrative, and civil systems that contributed to the rapid expansion of the empire and the 200 year period of peace and prosperity referred to as "Pax Romana." You have an opportunity to lay the foundation for your own empire today, but first, you must outline your vision, set goals, and create systems that prioritize organization-building activities and simplify the process you take to achieve your goals. Tune in for a history lesson from the #ForeclosureDealsCoach, take a cue from the Romans, and set up systems in your business to achieve massive success!
Mentioned in today's episode:
PropstreamHere's a link to the article Donny discussed in today's episode:The Roman RepublicWe're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdc
Welcome back, folks! Let's talk about one of the more glamorous niches in real estate: vacation rentals. These nightly rental properties or VRBO's (vacation rental by owner) are the plush, welcoming homes you see on Airbnb that have changed the way we view travel and put the hotel industry on notice. For our #DealHunters and would-be investors, the opportunity to own and manage a property that could bring in anywhere from $3,000 - $10,000 a month seems like a no-brainer. But there are a couple of strategies and mindset shifts you should employ to make the most of your investment and ensure returns that make the deal worth your time & effort. Eventually, you could even turn your vacation rental into a fully furnished dream home that you could move into with NO MORTGAGE PAYMENT. Stay tuned for more on this swelling industry, and don't forget; Don't Buy A House, Buy A Deal!
Mentioned in today's episode:
PropstreamHere's a link to the article Donny discussed in today's episode:Meet 3 Types Of Buyers Influencing Luxury Real EstateWe're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdc
Firstly, we'd like to thank the men and women in the military for protecting us and serving our country!
Depending on when you hear this, Veteran's Day might still be fresh on your mind, but it's important that we all take every opportunity we can to express our gratitude to veterans for their service. However, whereas our adulation shines a light on our soldiers' work and lifts their spirits, the government has created a tool specifically for our servicemen that they can use to empower themselves financially. The VA Loan is a federally-backed mortgage program designed to help members of the military buy homes. In observance of the sacrifices our soldiers make, the government loaded the VA Loan with a number of benefits that eliminate common obstacles homebuyers face, including giving buyers the ability to purchase their home with NO MONEY DOWN! If that isn't enough to get our military listeners excited, they better stick around until the end because there are almost too many advantages of using the VA Loan as a wealth-building tool to count in one episode.
Be sure to check out today's article for more details, and let a military serviceman in your life know about the VA Loan today!
Mentioned in today's episode:
PropstreamHere's a link to the article Donny discussed in today's episode:VA Home Loan | Biggest Benefits & Requirements For 2020We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdci
We have found that a good episode title coupled with pertinent investing information brings all our #DealHunters to our digital yard, so we know you'll be excited about what we have in store for you today. Some people and even investors get skeptical when they hear about "No Money Down" real estate purchases. In most cases, your lender is going to require you to put some "skin in the game" to the tune of 15% - 20% of the home's purchase price. We know it can be difficult for the regular homebuyer to come up with those funds, and we've seen many would-be investors get discouraged and abandon their deal because of a lack of capital. But that doesn't have to be the case. Over time, we hope you've come to realize that most real estate problems have a workable solution; it's really just about acquiring knowledge and partnering with other professionals who can help you get that deal to the finish line. Listen up as Donny breaks down how he uses his private and hard money lender relationships and creative financing to secure a majority of his deals without investing any of his money. You can do it too, but if you have questions, make sure you reach out and give the #ForeclosureDealsCoach crew the chance to help you!
Mentioned in today's episode:
PropstreamHere's a link to the article Donny discussed in today's episode:Remembering Carleton Sheets - The Originator Of "No Money Down" Real EstateWe're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdci
Greetings, foreclosure family! I don't know where you'll be listening to this episode, but I can tell you in Colorado, winter has started to rear her frigid head ๐ฅถ ๐ฅถ ๐ฅถ As such, you'll probably start seeing some of the investors and real estate agents you've been competing with these last few months start to pack it in, citing a market "slow down" as the holidays and winter weather takes center stage. Nobody wants to move in the snow, and for the most part, sellers aren't going to be particularly excited about prepping for a showing with a belly full of turkey and stuffing after Thanksgiving. So maybe those investors and agents have a point; why slough through the next few months when there's likely going to be little to no activity on the market? Fortunately for you, you're one of our committed listeners and avid #DealHunters, so you get your advice from a professional who has learned the secret of propelling a real estate organization through the winter in order to outpace the competition when things warm up in the spring.
Although we do see a slowdown from November to January, especially in Colorado, the downtrend isn't as significant as some would have you believe. Couple that with the fact that there will be fewer investors in the market, and you have a recipe for sustained success as the temperatures drop. LIsten as Donny breaks down his strategies for the winter months, and keep pressing towards your goals as the 4th quarter comes to a close!
Mentioned in today's episode:
PropstreamHere's a link to the article Donny discussed in today's episode:Hot Housing Market Likely Won't Cool In WinterWe're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdci
At this point, I'm sure we're all over the whole political process to a certain extent. This campaign season seemed twice as long as previous elections, and with a vote-counting controversy gaining more steam, it doesn't feel like we'll get an answer to who our next President will be any time soon. Election results have a measurable impact on our economy as businesses and corporations maneuver their assets in anticipation of legislation a new candidate might introduce. But as real estate investors, what challenges or opportunities might we expect as we potentially watch a new President be appointed to office? We always tell our listeners to get ahead of new developments in the industry, but now, we implore you not to get caught up in any doom & gloom predictions you might be hearing. This could be your time to cut through the noise and capitalize on new opportunities as the election unfolds. Tap in as we discuss how elections can impact the real estate market, and make sure you do your research on BOTH candidates so you can know how to move once things are decided.
Mentioned in today's episode:
PropstreamHere's a link to the article Donny discussed in today's episode:Presidents & Plywood: How The 2020 Election Could Affect The Housing MarketWe're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdci
Today, we talk about the growing trend of real estate wire fraud, and what you can do to guard against it. We operate in an increasingly digital world, and as such, how we do business continues to evolve as new technologies develop. Although wire transfers are nothing new, the tactics scammers use to acquire your information and potentially gain access to your escrow funds have become more sophisticated. Establishing a solid relationship with the banking institution that will be handling your money can be a way for you to employ an extra set of eyes to note any strange escrow activity. However, by keeping a record of the conversations or correspondence you have with your title company or lawyer, you can avoid being tricked by nefarious 3rd parties trying to intercept your communication and reroute your funds to unaffiliated accounts. Listen as Donny gives you a few guidelines to follow when wiring funds, and make sure you're doing your part to protect your money!
Mentioned in today's episode:
PropstreamHere's a link to the article Donny discussed in today's episode:How One Family's Nightmare Illustrates The Growing Threat Of Real Estate Wire FraudWe're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdci
Hello, hello, hello, and welcome back to the #ForeclosureDealsCoachPodcast! Following up on a recent episode we did about racial bias in the appraisal industry, today we're discussing how racial bias has an impact on mortgage lending. According to a new study by MIT, black homeowners pay more in mortgage interest, mortgage insurance, and property taxes than other homeowners. Whether that surprises you or reaffirms what you already know isn't really the point. What is important is that there are systemic constructs in place that actively put black people at a disadvantage as they look to buy homes and secure their financial future through real estate. However, it's impossible to fix a problem if you aren't analyzing the factors that contributed to the outcome. Redlining, over-policing, and gentrification are well-known phenomena that illustrate how the system can be weaponized against black people to the detriment of their communities, but high default rates, lack of education and financial literacy, and dangerous neighborhoods are factors that we can address ourselves on our way to shortening the wealth gap between races. We like to keep our episodes short, so there's no way we can fully break down this topic in 20 minutes. But it's important to us that our listeners understand that there are two sides to the real estate coin. Listen up for more details, and do your part to prevent racial bias in real estate!
Mentioned in today's episode:
PropstreamHere's a link to the article Donny discussed in today's episode:Black Homeowners Pay More For MortgagesWe're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdci
We're back, and we're so excited to get the #DealHunter train rolling again!
Today, we're talking about a trend that's only grown since the beginning of COVID-19; the increasing animosity towards landlords from renters. We are well aware of the hardships the virus has brought on so many people in the country, and we realize the relief provided by eviction & rent moratoriums can be a life-preserver in these uncertain times. But there seems to be a disconnect when renters who can't pay their rent are calling for the demise of landlords who in most cases, are individual homeowners who depend on rental income to maintain their own solvency. Understand; while there are large corporate landlords and apartment complexes that only view their residents as dollar signs, the majority of "landlords" are people like you and me who may have outgrown their first house and decided to make it available to rent after they closed on their new home. Or they could be #DealHunters like our listeners with access to enough capital to buy rental properties that are now using the income from those homes to secure their financial future. Either way, we must acknowledge that landlords are people too, and although they may be doing a little better than some, they should be able to benefit from the risks they took in relinquishing the use of their homes to people who need them.
We understand times are hard, but they won't get easier if we continue doing things that can destabilize the real estate industry. Stay tuned as Donny illuminates the perspective of landlords during these difficult times.
Mentioned in today's episode:
PropstreamHere's a link to the article Donny discussed in today's episode:Property Owners Ask Judge To Block CDC Eviction BanWe're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdci
During a time of historically low mortgage rates matched only by the historically unprecedented instability of the country's infrastructure due to COVID-19, we're seeing a lot of potential homebuyers trying to make the most of challenging circumstances and get into a home. The advertisements for low mortgage rates are everywhere, and it might seem like everyone you know is locking in those low rates. But don't be fooled; qualifying for a mortgage has never been an "easy" process, and now more than ever, it's become important that buyers be able to differentiate between the "mortgage myths" and what's actually taking place in lending institutions. In real estate, we know "time is of the essence," so understanding qualifying criteria for the mortgage you're looking to acquire and getting approved BEFORE you find a home is the best way to ensure you get to the closing table in a timely manner. Take note of any mortgage myths you might have heard during today's episode, and make sure you retire any misconceptions the next time you approach a mortgage broker or lender about qualifying for a loan.
Mentioned in today's episode:
PropstreamHere's a link to the article Donny discussed in today's episode:5 Rampant Mortgage Myths You'll Hear These Days - Completely DebunkedWe're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdci
Today, we're taking a long view of a phenomenon currently shaping the activity in real estate. In response to the coronavirus, the government has passed legislation intended to spark our economy's recovery. The influx of money has resulted in historically low-interest mortgage rates, and some homebuyers are taking advantage of the increased spending power. This has been great for families who might not have qualified for mortgages at more standard rates, but how long can rates remain this low? And what will the long-term implications be for homeowners once the rates return back to normal? Less buying power obviously hurts new homebuyers, but it also impacts sellers who need qualified buyers to purchase their homes. If increases in mortgage rates shrink the pool of qualified buyers, sellers will have a harder time moving their home. We always encourage our listeners to analyze & capitalize on market trends, but having the knowledge to forecast where the market's headed will help you separate yourself as a foreclosure investor. Stay tuned, this one is packed with information to help you stay ahead of the game!
Mentioned in today's episode:
PropstreamHere's a link to the article Donny discussed in today's episode:44% Of Owners Dissatisfied With Home Since PandemicWe're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdci
Greetings, family! As #DealHunters, wholesalers, and flippers, our main objective is finding a deal. After you've identified a potential deal, the next step is getting on title - check out Episode 60for details on how to get on title - but once you've got the property under contract, depending on if you're the wholesaler or end buyer, the method you choose to close can vary. Enter the Assignment vs. Double Close debate. In general, an assignment is the more straightforward of the two options, and as such, it's most commonly used in investment deals. But occasionally, circumstances will call for a more structured closing, and in those instances, a double close might be the better choice. As investors, it's our job to understand both concepts and use them in our deals when they're appropriate. Well, we can't give you all the information in the episode description, so stay tuned for a more detailed description of how assignment and double closes work!
Mentioned in today's episode:
PropstreamHere's a link to the article Donny discussed in today's episode:Denver Suddenly Has One Of The Most Competitive Housing Markets In AmericaWe're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdci
Dig if you will, a "flipper's paradise." To all our #DealHunters out there I'm sure this sounds like heaven with hearty spreads between your acquisition price and ARV and comically cosmetic rehabs that require little to no work at all. Ah, if life could only be so simple...
In reality, we might actually be living through what some would consider a flipper's paradise even though the actual deals might not be as enticing as the ones we previously concocted. A market that was primed for flippers to succeed would be competitive with a steady but not necessarily abundant number of deals. At the same time, the buyers in the market would be adequately qualified to purchase homes and have access to capital for a timely close. And although we never shy away from competition, we understand that a market with fewer flippers overall would mean more access to deals for the ones still operating and higher returns on investments in the form of generous offers from buyers. If all of those circumstances sound familiar it's because we're going through them right now thanks to COVID-19. Foreclosure moratoriums and market confusion have somewhat limited the supply of deals, uncertainty has forced some flippers out of the market, clearing the way for consistent #DealHunters to reap more benefits, and limited housing inventory combined with lowered interest rates has created high demand and spurred the bidding wars that fatten our returns. In a time like this, does it really make sense to stay on the sidelines dreaming of a career as a real estate investor? Of course not! Now is the time to get started, and tuning in today can set you on a path to creating wealth for you and your family. Don't wait; get started NOW!
Mentioned in today's episode:
PropstreamHere's a link to the article Donny discussed in today's episode:Where Home Flippers' Profits Are Rising The MostWe're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdciTake a virtual tour of one of our most recent Colorado flips:3D Matterport Tour Of Red Tail Drive
Hello, hello, hello, and welcome back #DealHunters!
Today, we're discussing an unfortunate reality in real estate. We can't speak to the overall prevalence of racial bias in the appraisal industry, but based on the examples in today's episode, we can say it is present. As an opinion of value from a licensed professional, an appraisal should be an unbiased evaluation of a home's value that informs a bank's decision on how much they should lend against a property. As was the case in the article from today's episode, the appraiser's opinion of the family that lives in the house should not give them the power to devalue that home by 40%. For most people, their home is the most valuable asset they'll ever acquire. Everyone, no matter their race, should feel confident that the most valuable thing they own is being accurately assessed in the event they'd like to sell their home or have the opportunity to refinance their mortgage. As citizens, we should all have the same opportunity to leverage our real estate holdings to secure our family's future.
Whether you're an investor, real estate agent, appraiser, contractor, or mortgage broker, you are impacted by the reputation of other professionals in your industry. As real estate professionals, we can't allow the actions of a misguided few to be weaponized against the people we've made a commitment to serve. Tune in to learn how to combat this form of discrimination and make a decision to stand against racism in real estate today!
Mentioned in today's episode:
PropstreamHere's a link to the article Donny discussed in today's episode:Florida Couple Says Home Was Appraised 40% Higher After Removing Black Relatives' PhotosWe're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdciTake a virtual tour of one of our most recent Colorado flips:3D Matterport Tour Of Red Tail Drive
With election season in full swing, Foreclosure Deals Coach decided to bring on a guest we felt could give us some credibility in the political sphere. Don't worry; we're not converting into a political hot takes podcast! We're still going to deliver the mindset, methodology, and tools you need to become a successful foreclosure investor. Honestly, we picked Jonathan Bollefer, mayoral candidate for the city of Parker, Colorado, to be on our show for a couple of reasons. One, he and Donny have been friends for a long time, and we like to use our platform to help promote our friends and their endeavors. But more importantly, Donny and the team at the #ForeclosureDealsCoachPodcast identify with Mr. Bollefer's principles of community development, listening to understand, and servant leadership.
We've all probably seen enough political ads for two lifetimes, so it was refreshing to hear Jonathan eschew the character attacks and political talking points we've heard before to speak from his heart on what he feels will be his responsibility to his constituents if he wins this year's election. More importantly, we see this episode as a lesson on how outlining your vision and making room in your life for your goals to manifest can set you on a path to greatness that you might not have even seen for yourself. It's not our job to tell people who to vote for, but we truly appreciate and take seriously our ability to present you with information and options that might help you make your decision. Listen to today's discussion with Donny, Jonathan, and Mr. Bollefer and be encouraged to step into the next phase of your greatness!
Mentioned in today's episode:
Propstream
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdciTake a virtual tour of one of our most recent Colorado flips:3D Matterport Tour Of Red Tail Drive
View this conversation on the Foreclosure Deals Coach YouTube Channel
https://youtu.be/gJZBPp3HmU4
What's up, family?! We're back and this week we're discussing an important aspect of real estate investing. We preach the value of finding a great deal, but unless you have hundreds of thousands of dollars of capital on hand, you're likely going to need a cash buyer to purchase your latest wholesale deal or an investor to fund your latest fix-and-flip project. And there's nothing wrong with that; we encourage our listeners to use OPM (other people's money) to fund their projects. But just as we implore you to educate yourself on industry practices and trends so you can be good stewards of the money people invest with you, these investors are going to want evidence that you can deliver results and bring them a positive return on their investment. Banks and private lenders get requests for their money all the time, and if they don't see a clear path to profits in your proposal, they're going to say no. What should you as an investor do when you get pushback from your lenders on funding your next deal?
Well, we don't promote pouting and giving up at the #ForeclosureDealsCoachPodcast so it's up to you to persevere, analyze the market, and present your lenders comparative data and effective strategies that support your ARV (after repair value) and your ability to net profits on their investment. Listen as Donny breaks down how you can turn your lenders' No's to Yes's!
Mentioned in today's episode:
PropstreamHere's a link to the article Donny discussed in today's episode:Investors Ready For 'Bonanza' In HousingWe're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdciTake a virtual tour of one of our most recent Colorado flips:3D Matterport Tour Of Red Tail Drive
Greetings, and welcome back! So what would you say is the prevailing narrative that's being promoted in regards to the state of the real estate industry? Have you been hearing about historically low-interest rates that are making it a great time to buy a home? Or maybe you read somewhere that low inventory has been creating bidding wars on the market, making it a great time for sellers to cash in? Truthfully, you've likely heard both if you pay attention to real estate. In fact, you probably heard something to that effect on this show. Although it might appear as such, the world's not out to play a trick on you to flood you with uncertainty as you look to buy a home or invest in your first deal. The fluctuations of the market can definitely be confusing, but sometimes either buying or selling can be a prudent financial decision. It's up to us as savvy investors and steadfast #DealHunters to be able to navigate the confusion on our way to big profits. And on the way, we'll do our best to create beneficial solutions for motivated sellers as they move on to their next homes.
Tune in to learn how to cut your way through the confusion in the market, help others do the same, and find your next deal!
Mentioned in today's episode:
PropstreamHere's a link to the article Donny discussed in today's episode:POLL: Americans Say It's A Good Time To Buy And SellWe're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdciTake a virtual tour of one of our most recent Colorado flips:3D Matterport Tour Of Red Tail Drive
Today, we're discussing the next step in your investment career: Buy & Hold Investing! Buy & hold is the process of acquiring rental properties that generate passive income, and maintaining (landlording) them for an extended time - sometimes into perpetuity. This is a long-term investment play that brings in consistent income that you can leverage into substantial monthly revenue as you acquire more properties. But as we've observed in wholesaling and flipping, there are steps that investors must take in the beginning to ensure the long-term viability and profitability of this investment strategy. Unlike wholesaling and flipping, in buy & hold, having access to your own capital is key as opposed to using OPM (other people's money) as we encourage in wholesaling and flipping. That's because being able to pull the trigger on down payments for properties on your own ensures you can secure the deals faster while keeping all the eventual profits for yourself. But how can you build the capital necessary to make a real run at buy & hold investing? We've already kind of answered that question for you, but tune in today to learn more about how you can build your empire through rental properties!
Mentioned in today's episode:
PropstreamHere's a link to the article Donny discussed in today's episode:The 15 Most Affordable College Towns For Renters We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdciTake a virtual tour of one of our most recent Colorado flips:3D Matterport Tour Of Red Tail Drive
Welcome back, family! 75 episodes in, and we're still here offering insight you can use to make your real estate investment dreams a reality. Switching gears a bit, today we're discussing condos and the long-term prospects for high-rise, downtown living as COVID-19 persists. In many cities, high-rise and luxury condos are some of the most expensive residences per square foot. Primarily due to location and access to entertainment, the condo market has recently experienced a shift as health concerns grow and entertainment options dwindle. However, as investors, we understand that significant change is often a precursor of tremendous opportunity for people taking a macro view of any market. We've seen the legislative and economic measures the government has taken to "alleviate" some of the impact of COVID-19, but understanding the long-term implications of this response in regards to real estate can put you ahead of the curve. Listen up for details on how you can capitalize on the shift in the condo market!
Mentioned in today's episode:
PropstreamHere's a link to the article Donny discussed in today's episode:Condo Inventory Grows, Sales Stay Strong We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdciTake a virtual tour of one of our most recent Colorado flips:3D Matterport Tour Of Red Tail Drive
Greetings #DealHunters Today is all about mindset as Donny gives a quick history lesson on Chuck Yeager, former United States Air Force officer and record-setting test pilot. In 1947, Chuck became the first pilot to break the sound barrier or fly faster than the speed of sound at 719 miles per hour. Every previous attempt had ended in massive failure and the death of the pilot, so you can understand why Chuck was met with extreme skepticism as he told people about his goal. But his persistence paid off, and now he's apart of history!
As a foreclosure investor, we might have goals that seem absurd to people around us. Heck, your goals might even seem a bit absurd to you whenever you take the time to look at them. But take a lesson from Chuck, and adopt a mindset of persistence and determination. There are going to be obstacles on your way to your first deal. There are going to be systemic breakdowns that threaten to compromise your next deal. But through a commitment to your goals, you can become a successful investor and leave behind a positive legacy for your family!
Mentioned in today's episode:
PropstreamHere's a link to the article Donny discussed in today's episode:Landlords Could Lose As Much As $21.5B In Rental Payments As Eviction Wave Begins
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdciTake a virtual tour of one of our most recent Colorado flips:3D Matterport Tour Of Red Tail Drive
It's funny; as we continue to hone in on bringing our listeners quality information that will help them find great deals and become savvy foreclosure and real estate investors, more and more, engaging discussion topics and insightful interview guests seem to come to us at the perfect time. Today is no different as we have a discussion with Burton from Propstream! If you've been listening, you know you can visit our affiliate link, dealhunter.io to sign up for a FREE 7-DAY TRIAL to try the Propstream software. Once you've spent time using Propstream, you'll understand the breadth of information you can analyze in your search for under-market properties is seemingly endless.
In our discussion, Burton highlights how wholesalers and #DealHunters alike can use the software to cultivate a list of cash buyers in their market. In the end, what's a deal if you don't have someone to sell it to? Listen up as Burton gives you a step-by-step breakdown of how you can use Propstream to find cash buyers, and replay the episode on the Foreclosure Deals Coach YouTube Channel to view the interview and a screen share of Burton's instructions.
Mentioned in today's episode:
Propstream
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdciTake a virtual tour of one of our most recent Colorado flips:3D Matterport Tour Of Red Tail Drive
We start this week's run of episodes with a discussion on selling your deal WITHOUT a listing agent. The mindset behind this strategy is mainly capitalistic; you can save as much as 6% in agent fees on the sale of your property by deciding not to list with an agent and selling the home yourself. The idea seems like a no-brainer, but the application can be difficult if you don't have the processes in place to get the word out about your property. Time is of the essence when it comes to getting your project to market and closing, especially if you're using private money, so you're going to have to devise effective marketing strategies that spark interest in your property as soon as it's ready to show. In fact, if you can find a way to adequately communicate how the finished home will look during the rehab, it would be best to start marketing your project BEFORE it's complete. Stay tuned as Donny goes over how you can sell your next deal without a listing agent, and start implementing the strategies today!
Mentioned in today's episode:
PropstreamHere's a link to the article Donny discussed in today's episode:How Denver's Millenial Homeowner Rate Stacks Up Nationally
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdciTake a virtual tour of one of our most recent Colorado flips:3D Matterport Tour Of Red Tail Drive
Greetings Deal Hunters!
We're back this week with a special guest, Derrick Medina, owner of TruInvest, LLC in Colorado Springs. Two years ago, Derrick was a college graduate questioning the long-term viability of working a 9 - 5 in corporate America. In his search for a new path, Derrick came across wholesaling and real estate investing, and after immersing himself in information, he went out and got his first deal under contract. The story gets a lot more exciting from there, but I'm positive Derrick does a better job telling it in the episode! Stay tuned to learn how you can go from 0 to 15 deals in your first two years with solid marketing systems and the right mindset!
Mentioned in today's episode:
Propstream
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdciTake a virtual tour of one of our most recent Colorado flips:3D Matterport Tour Of Red Tail Drive
Greetings Deal Hunters! Today, we're talking about one of the touchiest aspects of real estate investing - calculating rehab costs. The idea of going into a property and determining how much it will cost to renovate it to current market standards can seem daunting for new investors, especially those without any background in construction or home appraisals. The success of a deal can be derailed by a number of factors, but misjudging rehab costs or encountering unexpected issues during the rehab are two that consistently rear their heads in the world of investing. No investor wants to be known as someone whose numbers can't be trusted, but how are new investors supposed to make up for their lack of expertise and experience in determining renovation costs? Well I don't want to spoil all the fun in the description, so you'll just have to listen and take notes during the episode as Donny breaks down the mindset and methodology behind calculating rehab costs.
Mentioned in today's episode:
PropstreamHere's a link to the article Donny discussed in today's episode:Real Estate Investors Skip Paying Loans While Raising Billions We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdciTake a virtual tour of one of our most recent Colorado flips:3D Matterport Tour Of Red Tail Drive
Welcome back, everybody! We know our #DealHunters have been out there analyzing their markets with the dealhunter.io, finding motivated sellers, making smart offers and getting properties under contract, and since that's the case, we know it's our duty to make sure we're providing that spark of education that continually encourages your growth as investors. Today, we're talking about the probate system and how it can be a source of deals. When people who own a home die, the property is passed on to the surviving family. A will gives instructions on how a person's estate is to be managed, but if there is no will, the probate court takes control of the house and makes sure it is passed onto the correct person. Through time and by design, this process has become very complicated, especially for people potentially grieving from the loss of a loved one. As real estate investors, we can offer simplified solutions to people in these situations that bring closure for the family and assist them as they go through tough times. Probate investing isn't for everyone, but listen as Donny gives more perspective on the creation of the probate system, how investors can help while also making a profit, and what it takes to operate in this investment niche.
Mentioned in today's episode:
PropstreamHere's a link to the article Donny discussed in today's episode:COVID-19 Changed Women's Attraction To Homeownership We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdciTake a virtual tour of one of our most recent Colorado flips:3D Matterport Tour Of Red Tail Drive
When you're working to close your first deal, it can seem like new issues arise hourly. The feeling of flying blind can start to take over as you try to piece together solutions from all the information you've been studying, and all the while, you're doing your best to maintain your composure and make it to the finish line. You wouldn't be alone in thinking, "I'd pay someone a hefty fee to show me how all this works," and you might be like some new investors who actively seek a coach or mentor to help them close a deal in exchange for a split of the profits. In a perfect world, this arrangement would give you the education you need, help you avoid the pitfalls of inexperienced investors, put some money in your pocket, and compensate the mentor for their time while giving them the chance to share knowledge with a new investor. But we know the world isn't perfect, and wet-behind-the-ears investors bring deals to veterans all the time only to never hear from them again once the contracts close.
Not every potential mentor is like this, and it's our job at Foreclosure Deals Coach to equip our listeners with the mindset and tools to be able to differentiate between professional investors out to do good business and unscrupulous charlatans promoting their services so they can eventually pocket your share of the deal. Listen as Donny explains how you can equip yourself with the skills to close your first deal and successfully partner with experienced investors to fast-track the growth of your business!
Mentioned in today's episode:
PropstreamHere's a link to the article Donny discussed in today's episode:Here Are 2020's Hottest Housing Markets According To ZIP Code We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdciTake a virtual tour of one of our most recent Colorado flips:3D Matterport Tour Of Red Tail Drive
There are many benefits to developing relationships with real estate agents as you grow in your investment career. Access to MLS data, home buyers, and people looking to sell their homes are key for investors, but any normal retail agent can help you with that. We've stated many times on this show that all real estate agents aren't created equal, and as your investing career starts to take off, your need for an agent who has experience working with investors will become even more important. Not only can these agents help you find deals based on their understanding of the investment market, but they can also be beneficial when it's time to list your property after your rehab. Real estate agents are a dime a dozen, so it's important you understand the questions to ask and experience to look for when evaluating potential partnerships. Listen as Donny gives key things to look for when it's time for you to add an investment-focused agent to your team!
Mentioned in today's episode:
PropstreamHere's a link to the article Donny discussed in today's episode:How Much Will Foreclosures Surge In The Months Ahead?
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdciTake a virtual tour of one of our most recent Colorado flips:3D Matterport Tour Of Red Tail Drive
Welcome back Deal Hunters! In today's episode, we're discussing one of the most important pieces of any wholesaler or real estate investors lead generation strategy: the prospecting call. In previous shows, we've discussed a number of ways to find leads as well as key points to mention when qualifying a potential seller, but all the knowledge in the world can't make up from the experience you gain from talking with actual sellers. In the end, as deal hunters and investors, we're problem-solvers for people with strong external motivations to sell their homes. Each seller will have different circumstances that have contributed to them having a conversation with you; it's your job to approach these situations with empathy, ask questions to unearth what's motivating them to sell, listen to understand and offer solutions that solve their problems.
Through a quick role-playing session, Donny and Jonathan demonstrate some of the talking points and objections you might hear on your first call with a potential seller. At the end of the call, Donny discusses how building rapport with a seller and approaching their situation with a mindset to help will lead to you closing deal after deal. Listen for phrases or keywords you can add to your prospecting script and hit the phones to find your next deal today!
Mentioned in today's episode:
PropstreamHere's a link to the article Donny discussed in today's episode:Housing Inventory Shortages Stymie Foreign Buyers, TooWe're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdciTake a virtual tour of one of our most recent Colorado flips:3D Matterport Tour Of Red Tail Drive
We're back, did you miss us? Well, we definitely missed you, and we're excited to be here giving you the latest on foreclosures and real estate investing!
As a new investor, your main goal should be acquiring your next (or in many cases, first) deal. But in order to acquire under-market properties, you must either know where to look for them or know how to attract sellers who'd be willing to sell you their home at a discount of the retail price. Each objective has it's own challenges, but driving for dollars is one of the most straightforward and cost-effective ways to discover new deals. All you need to do is pick a neighborhood in your city that has a lot of real estate activity, hop in your car, and drive around looking for vacant or distressed houses. There are a number of ways to tell if a home is vacant, but once you understand what to look for, you'll be able to locate vacant properties, track down the owner's contact information, reach out to them to make an offer on their property, and get that deal under contract!
Whether you're a budding wholesaler, flipper, or buy-and-hold real estate investor, make driving for dollars a part of your deal hunting and reap the benefits of having firsthand knowledge of your market!
Mentioned in today's episode:
PropstreamHere's a link to the article Donny discussed in today's episode:
Buyers, Tired Of Homes' Shortcomings, Want To Trade Up
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdci
Are you in a hot wholesaling or investing market and having trouble securing your first deal? Have you located a potential deal only to lose out because the seller accepted the competition's offer? Is your new flip taking longer than you expected to sell in a competitive retail market? Well, be encouraged because you're not alone! Despite the fallout from COVID-19, real estate markets all over the country are still going strong, and new investors just like you are trying to navigate past their inexperience for a seat at the table. A lot of investors, when faced with problems like the ones previously mentioned, give up and return to the doldrums of the 9 - 5 grind. But as a listener of this show and ambitious #DealHunter, we implore you to persevere and embrace the idea of conquering your competitive market. Whereas the wins might come a little easier in smaller markets with fewer competitors, it has been observed time after time that people who compete at the highest level are rewarded with a bigger piece of the pie when they succeed.
Don't let the fact it's hard prevent you from stepping into the greatness that awaits on the other side of your fear. Take massive action today and get competitive in your market!
Mentioned in today's episode:
Propstream
Here's a link to the article Donny discussed in today's episode:East Coast And Illinois Have Highest Concentrations Of Housing Markets Vulnerable To Coronavirus Impact
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdci
Do we have a story for you today! From the outside looking in, Soddee Knight, President of Knight Land Company based in Oklahoma City, seemingly had it all. Law degree from Southern University, a powerful and well-paying job as a lawyer for the government, loving wife and budding family; what more could anyone ask for? What I neglected to mention was that while he was winning court cases for the government during the day, Soddee was also growing a real estate investment firm, running market analysis, viewing properties, and buying homes during the evenings and weekends after work. We all know real estate investing can be lucrative, but who would've guessed that after a few years of hard work, income from Soddee's buy-and-hold rentals and investment activity would outpace what he was bringing home from the government? After honing his systems, creating effective professional partnerships, and learning the game from more experienced investors, it became evident to Soddee that it was time to pursue investing full-time, and Knight Land Company has been offering solutions to Oklahomans' housing problems ever since. Tune in as Soddee breaks down how he amassed a rental empire of over 30 doors while reclaiming ownership of his time and establishing a business that can provide for his family into the future!
Mentioned in today's episode:
Propstream
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Click the link below to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdci
We are so excited to continue delivering the latest in real estate and the foreclosure investing to our loyal listeners every week! Today, we're delving into creative financing, a staple of the experienced deal hunter. There are many ways investors can secure financing for a deal, such as subject to agreements, self-directed IRAs, and lease options, but it's our responsibility as real estate professionals to be educated on the best ways to employ these techniques as solutions to the sellers' problems. Following up on our last interview with Kris Haskins, we take a birds-eye-view of creative financing in hopes that you'll do your own research and reach out to us with any questions. Listen up for today's fun and move confidently towards your next deal!
Mentioned in today's episode:
Propstream
Here's a link to the article Donny discussed in today's episode:The Metros With The Strongest Rebounds Since Lockdown
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Click the link below to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdci
We're back, and this time we brought a friend! Kris Haskins, an accomplished real estate investor out of Hampton, Virginia joins us today to discuss the basics of Subject To real estate and give details on how you can use this form of creative financing on your next deal. A Subject To deal is when a buyer takes title to a home "subject to" the terms of the seller's original mortgage. There are many situations that could motivate a seller to agree to this kind of arrangement, but as an investor, it's your job to adopt a problem-solving mindset to present creative options that will help sellers sell their homes at agreeable terms. Listen up for the scoop on Subject To real estate and get ready for a mindset reset as Donny and Kris break it all down!
Mentioned in today's episode:
Propstream
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Click the link below to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdci
Welcome back, folks! This week, we're discussing the one action in real estate investing that outweighs all your other income-producing activities; getting on title. Over time, we've reiterated the importance of finding a deal, but if you don't have the means to control the property once you've located it, you'll continually watch deals slip through your fingers. A title in regards to real estate is the document that outlines who owns the property. When a home is purchased, the title is transferred from the seller to the buyer. As you grow as an investor, you will come to understand the implications of owning a title versus controlling a title, but being able to quickly and accurately analyze the market, identify seller motivation, and leverage your expertise to get a property under contract will be the key to your continued success in real estate. Tune in for strategies you can use to get on title for your next deal!
Mentioned in today's episode:
Propstream
Here's a link to the article Donny discussed in today's episode:Home Buyers Are Still Making Offers "Sight Unseen"
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Click the link below to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdci
Welcome back Dealhunters! With COVID-19 impacting sports leagues all over the world in 2020, we figured what better way to present the latest in foreclosures and real estate news than by relating it to America's Pasttime, baseball. 2011's "Moneyball" starring Brad Pitt follows Billy Beane and the Oakland Athletics as they work to turn the fortunes of the franchise and assemble a winning team on a limited budget with a new approach to free agency. Instead of relying on traditional metrics like home runs, batting averages, and salary, Beane proposes one straightforward stat to select new players for the team: on-base percentage. His premise is that when all is said and done, the teams that win the most get on base most consistently. Instead of chasing big-money free agents with glitzy stats, Beane scours the market for undervalued talent that manages to get on base more often than not. Based on a true story, this film highlighted the Athletics' rise from mediocrity to contention with the Moneyball strategy, but it also illustrates a key concept in real estate investing.
Most coaches and flippers would tell you to stay away from low-margin deals (in the $10,000 - $15,000 range) with small spreads on the ARV ($40,000 - $50,000) because of the potential of unforeseen issues to eat up your profit. However, today's episode is about teaching flippers and investors to take a Moneyball approach to real estate. Donny and returning #ForeclosureDealsCoachPodcast guest Steve Prewitt surmise that if you can consistently find "undervalued" deals with smaller margins and spreads that you can rehab at low costs, you can stack those deals and earn similar profits to those investors who only work with large margins and huge ARV spreads. By flipping these smaller deals, you set yourself up for continued success by creating consistent income, avoiding the lulls in business you might encounter when you can't find big-money deals, and stacking the profits from your smaller flips to be able to comfortably manage larger deals with a cushion of capital and the leverage you've created in your market from consistently doing deals and "getting on base." Listen as Donny and Steve break down the Moneyball concept in real estate, and be on the lookout for your next deal!
Mentioned in today's episode:
Propstream
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Click the link below to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
One of the questions we get a lot is, "Do I need a real estate license to invest in real estate, or is it possible to get started without one?" In reality, getting started in real estate investing is mainly about getting started, but once you define the path you'll be taking in the industry, you'll realize there are pros and cons on both sides of the argument. A real estate license comes with credibility and access to certain information that unlicensed individuals can't get. However, there is a level of freedom and situational creativity that comes from operating outside of some of the regulations that define the duties of a real estate agent. Today, Donny gives more context to investors debating if they should get their real estate license while highlighting different situations that might arise as they operate without one.
Mentioned in today's episode:
PropstreamHere's a link to the article Donny mentioned in today's episode:U.S Mortgage Rates Hit Historic 50-Year Low In Early July We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Click the link below to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
Today, we'll be discussing one of the most important parts of real estate investing; negotiations. As investors, our goal is to get a property under contract at a discount of the potential ARV (after repair value) so we can make a profit on the flip after we've fixed it up. But we must realize that most sellers are not going to be interested in selling their home at a discount to a person who randomly called them on the phone a couple of days ago. That's where being a shrewd negotiator comes into play. Locating willing sellers, determining the seller's motivations, and providing straightforward solutions to help them accomplish their goals will set the foundation of your negotiation strategy. After that, it's about speaking to the seller's motivations and offering encouragement as they navigate what can be a stressful time in their lives. If you can master this art, you'll be able to create favorable profit margins on properties for yourself while helping the seller get what they want. Stay tuned as Donny gives a rundown of some negotiation techniques, and get out there and put them to use on your next deal!
Here's a link to the article Donny mentioned in today's episode:The Flight To The Suburbs Is Real And Growing, As Coronavirus Changes The Way People Live We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Click the link below to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
Welcome back Dealhunters! Following up on our latest interview with Corrie Nicole, today we'll be discussing wholesaling. A common barrier people reference when first looking to invest in real estate is lack of money. Whether it be putting together earnest money to secure the property, finding the capital to purchase the home, or the cost of rehab, to someone just starting out, accessing this much money seems almost impossible. But what if I told you there was a way you could control the property with no money down, finance the purchase of the property with someone else's money, and not be responsible for the cost of renovations all while having the chance to earn a fee of up to 10% of the purchase price for your trouble? Well, folks, that's the essence of wholesaling, and with the right education and tools, you could be 7-`10 days away from closing on your first investment deal and earning thousands of dollars! Listen as Donny gives you an intro to the world of wholesaling, and then take massive action to start your investing career TODAY!
Mentioned in today's episode:
PropstreamHere's a link to the article Donny mentioned in today's episode:
4.2 Million U.S. Homeowners In Mortgage Forbearance In June
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Click the link below to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
Do we have a treat for you today! The world of real estate investing is one where consistency and creativity can lead to financial success, and on our show, we give you insight on how investing in foreclosures can be a great entry point in the industry. However, as we always say, not all foreclosures are deals, and not all deals are foreclosures. To that end, we wanted to highlight the art & science of wholesaling real estate, and who better to give you perspective on that than the Wholesaling Queen herself, Corrie Nicole!
After dabbling in real estate in the past and pursuing a career working for the government, Corrie felt she was on the path to success. However, after being laid-off and dealing with the uncertainty of not knowing when your next check is coming, Corrie decided to embrace the world of real estate investing and dove headfirst into wholesaling. Not long after, she created the "Wholesaling Houses For Newbies" Facebook group as a safe space for new investors to grow without being intimidated by wholesalers with more experience and all their big assignment fee checks. Today, the group boasts 15,000 members, a warm, welcoming community, and training courses for new wholesalers. Corrie was able to leave her government job to pursue a career in wholesaling, and her heart for helping others take back their financial independence has made her Facebook group one of the best resources for new investors looking to get started in wholesaling.
Listen as Donny and Corrie detail what it means to be a wholesaler, and stay tuned to the end of the episode for details on how you can sign up for Corrie's wholesaling courses!
Mentioned in today's episode:
Propstream
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Click the link below to sign up and be confident in analyzing your next deal!
Sign Up For Your Free 7-Day Trial Of Propstream TODAY!
Use Code "DONNY" when you sign up for any of Corrie Nicole's "Wholesaling Hacks Bootcamp For Newbies" courses to get those for $597. Usually priced at $797, Corrie was gracious enough to offer our listeners a $200 discount! We wouldn't endorse her work if we didn't believe in the product, so don't wait; get signed up today!
Another day, another chance to learn more about real estate investing and foreclosures! Today, we discuss the methodology behind building a buyers list. As investors and wholesalers, our goal is to buy properties that are off the market and priced below market value. Once all the renovations have been completed, it's time to sell, and depending on how you financed the deal, the timeframe in which you sell can be very important. Stay tuned as Donny goes over how you can leverage your buyers list to increase your profits while decreasing your days on market!
Here's a link to the article Donny mentioned in today's episode:
Agile Marketers Poised For Success In Changing Environment
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Just go to ForeclosureDealsCoach.com and type "PROPSTREAM" to sign up for your free trial today!
Thanks for tuning in; your continued support motivates us to keep giving you the best information on foreclosure investing!
Today, we take a look at private money lenders. In previous episodes, we've discussed using conventional loans and other forms of creative financing to fund your deals, but private lenders - wealthy individuals who used asset-based lending to invest in real estate - can be some of the best sources of capital to secure your next deal. But how can you tell if the person on the other end of the phone is a legit professional who actually has access to the funds he's saying he can lend you? Well, you're in luck! Over 15 years, Donny has gained the knowledge to be able to sniff out the real players from the scammers trying to take your origination fee and run, so listen as he breaks down ways you can protect yourself and your investment from unscrupulous characters.
Here's a link to the article Donny mentioned in today's episode:
42% Of People Who Bought Homes During The Pandemic Engaged In A Bidding War We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Just go to ForeclosureDealsCoach.com and type "PROPSTREAM" to sign up for your free trial today!
Welcome back, welcome back, welcome back!
Today, Donny discusses social media; specifically, how your image on social media can contribute to your success in real estate investing. As social media becomes a bigger part of our everyday lives, it's important you as an entrepreneur and investor realize your online profile is often the first thing people reference when making a decision to do business with you. You need to make sure your online presence reflects the level of professionalism and expertise you plan to bring to the transaction. Showing parts of your personality to connect with people with similar interests who you might not have had the chance to meet otherwise is a part of what makes social media great. But be aware things in your profile can contribute to people making judgments about your ability to close that next deal.
Here's a link to the article Donny mentioned in today's episode:
Looking For A Bargain? There's Still Time To Find Houses That Are "Pandemic Priced" We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Just go to ForeclosureDealsCoach.com and type "PROPSTREAM" to sign up for your free trial today!
If you've been listening to the #ForeclosureDealsCoachPodcast for any amount of time, you've probably heard Donny express his disdain for all things Zillow. Comedic relief aside, the animosity seems to run pretty deep, so there must be a backstory, right? Well, today you're in for a treat. Donny has been a Zillow detractor for years, and today he's going to shed light on a few things behind the scenes that he feels make Zillow a detriment to homebuyers, a troublesome obstacle to real estate professionals, and a subverting competitor to investors. if you're in the process of buying a home or thinking about getting into real estate, you don't want to miss this episode on one of the most popular real estate tools in the industry.
Here's a link to the article Donny mentioned in today's episode:
Zillow Co-Founder, ex-CEO Lists Home For $24 Million We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Just go to ForeclosureDealsCoach.com and type "PROPSTREAM" to sign up for your free trial today!
First things first, we'd like to celebrate our 50th episode!!! We didn't know how the show would develop when we started, but we committed to being a resource to real estate investors and your continued support has motivated us and allowed us to get to this point. So we wanted to thank you, our listeners, for always tuning in; this wouldn't be possible without you!
Today's topic is an important one for investors to grasp. The savvy foreclosure investor knows there's always deals on the market, but what happens when your newest project goes off the rails and you end up losing your investment? You could cry and wallow in the misery of evaporated profits, or you could embrace the most beautiful four-letter word in foreclosure investing, NEXT. Listen as Donny goes over why quickly learning from your losses and focusing on your NEXT deal can lead to a long, fruitful investing career.
Here's a link to the article Donny mentioned in today's episode:
Expect Listing Prices To Rise This Summer
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Just go to ForeclosureDealsCoach.com and type "PROPSTREAM" to sign up for your free trial today!
What's up, Deal Hunters! We're back this week with an episode on writing offers. We say it all the time, but we all know a good deal doesn't last long. Once the bank lists the property or the seller makes it available for purchase, investors or retail buyers are going to swoop in to get the home under contract. Time is of the essence and competition is fierce; how are you going to make yourself stand out amongst the other buyers in time to get your offer selected? The best way is by constructing an offer that shows you have the means to purchase the property and are serious about closing in a timely manner. Listen up as Donny goes over strategies you can use to write great offers, get the deals under contract at profitable rates, and beat your competition!
Here's a link to the article Donny mentioned in today's episode:
Potential Homebuyers Are Going To Face Historically Low Inventory This Summer
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Just go to ForeclosureDealsCoach.com and type "PROPSTREAM" to sign up for your free trial today!
Welcome back, folks! Today we delve into property valuation, specifically, the importance of not overestimating the value of your next foreclosure deal. Finding deals is the crux of our philosophy at Foreclosure Deals Coach, but if you don't use the proper tools, you could misjudge the true value of the property, overpay for the deal, and end up cutting into or eliminating your profits in the end. If images of Adam Sandler and Bob Barker are floating through your head, it might be time to rewatch "Happy Gilmore," but make sure you finish today's episode of the #ForeclosureDealsCoachPodcast before you do!
Here's a link to the article Donny mentioned in today's episode:
Real Estate Is Still The Best Investment You Can Make Today, Millionaires Say - Here's Why
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Just go to ForeclosureDealsCoach.com and type "PROPSTREAM" to sign up for your free trial today!
Are tax liens a viable source for deals? We've been asked this question so many times we decided to give you a full episode on this investment strategy! It seems every real estate niche has some guru out there espousing the benefits of his new system for closing transactions, and tax lien investing is no different. There is plenty of evidence of investors using tax liens to successfully acquire deals in their market, but today, Donny goes into detail about the pros and cons of using tax liens as a long-term source of deals. Listen for more information and decide if you'd like to try your hand at tax lien investing!
Here's a link to the article Donny mentioned in today's episode:
Home Renovations Decline In Wake Of COVID-19
We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Just go to ForeclosureDealsCoach.com and type "PROPSTREAM" to sign up for your free trial today!
I thought I told you that we don't stop!
Thanks for coming back for another week of foreclosure deals fun. Today, we listen as Donny outlines the Foreclosure Deals Coaching Program. A lot of our listeners have inquired about coaching, and that is a goal of what we do here on the podcast. However,ย our mission has always been to add value and be a resource for new and experienced investors looking to expand into the foreclosure market. Get a better idea of the steps you can take to become a foreclosure investor and be sure to reach out with any questions.
Whether you decide to join our coaching program or are fine being a faithful listener and member of our community, we want you to know we appreciate your support. Stay tuned for even more from Foreclosure Deals Coach in the future!
Here's a link to the article Donny mentioned in today's episode:
U.S. Foreclosure Activity Hits Historic Lows Amid Coronavirus Pandemic We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Just go to ForeclosureDealsCoach.com and type "PROPSTREAM" to sign up for your free trial today!
Today, we have a special guest on the Foreclosure Deals Coach podcast! With 20 years of experience as a real estate broker, a keen eye for interior design, and the understanding to overlook a certain Foreclosure Deals Coach's 2:00 AM market analysis binges, Laura Coram has set herself apart as an authority on downtown luxury properties in Denver, Colorado. Always looking to take on new challenges, and possibly at the spurring of her husband Donny, Laura has set a goal of 50 flips this year! We could spend whole episodes on the operations, materials, and logistics requirements needed to accomplish such a task, but it should be noted, once you've finished the renovations, selling the home as quickly as possible should be your number one priority. To that end, you need systems in place to make this a reality. Working with a competent agent and taking good pictures can help with that, but today we'll be talking with Laura about how tasteful staging of a home can shorten total days on market and in some cases, add dollars to the seller's pocket!
Listen to how you can use staging to make your next foreclosure project stand out in the marketplace!
Do we have a show for you today! PropStream is an investment software that can help you find foreclosures in your area, access MLS-level data on these properties, and collect comps of sold properties to run an in-depth market analysis on your new foreclosure deal! Donny has worked with similar investment tools in the past, but PropStream has exceeded expectations with its intuitive ease of use, nationwide access to real estate markets, and comprehensive listing of market data that can rival the MLS. This tool combined with the mindset and methodology of a savvy investor can set you on a path to foreclosure investing success. Stay tuned to learn even more about how Propstream can help you!
We don't promote products on this show we don't endorse ourselves and as a thank you to our listeners, we're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Just go to ForeclosureDealsCoach.com and type "PROPSTREAM" to sign up for your free trial today!
Here's a link to the article Donny mentioned in today's episode:
City Life May Be Losing Its Shine
If you had $1,000,000 cash right now, what would you do with it? Now that we've got you thinking about everything you'd buy, let's take a look at a way to make that same $1,000,000 make money for you in the short and long term. Some people might suggest investing in stocks or currencies to see consistent returns on your investment, but you know why you're here at the Foreclosure Deals Coach podcast. You want real estate and foreclosure investing advice, and Donny is here to breakdown how you could take that $1,000,000, invest in foreclosed properties, and see as much as a 13% - 15% return. Listen to this example of savvy foreclosure investing so you can apply the same techniques in your market and start building your real estate portfolio!
Here's a link to the article Donny mentioned in today's episode:
Will Coronavirus-Induced Foreclosures Hit Great Recession Levels
Are you anxious to start a career in foreclosure investing, but still find yourself sitting on the sidelines weeks, months, or even years after getting the initial urge? Unfortunately, you wouldn't be alone in your struggle to get started. A number of factors can arise to trap you in what some call "analysis paralysis," but in most cases, it comes down to one thing. Mindset. If you didn't know, being successful is a mindset more than it is a destination or ultimate prize. If you haven't acquired the mindset to set your intention on things that will push you towards your goals, it's easy to let misconceptions and outside voices keep you from living in your purpose. We want you, our listeners, to have access to all the resources you need to be successful and live your best life. We believe foreclosure investing is a great way to acquire the income to help you do that, but we'd like to make another suggestion on how you can hone your mind to attract the success you seek.
The concepts in "Think & Grow Rich" by Napoleon Hill are seen by many as foundational pieces of the mindset you need to achieve massive success. Check the library of the wealthiest and most influential people in the world, and you'll likely find a well-worn copy of "Think & Grow Rich" with many highlighted passages. Listen as Donny goes into detail on what he has gleaned from the book, and stick around to the end of the episode for a bonus gift!
Here's a link to the article Donny mentioned in today's episode:
Foreclosure Rates Jump 7% In May (InvestmentNews - June 2008)
We are truly excited to continue to bring you more content on foreclosures while introducing you to varying opinions on the foreclosure market and the real estate industry. We love hearing from Donny and Jonathan, but the team at Foreclosure Deals Coach realizes the importance of inviting other voices to the show to provide a shakeup from the routine. Today, we have a special guest, Mr. Steve Davidson, a home appraiser from Utah. Our listeners know we stress the importance of valid property valuations for investors as they look to acquire deals, so we thought bringing in an experienced appraiser would help shed light on the methodology they use to arrive at their numbers. In addition to his years of experience as an appraiser, Mr. Davidson also has a background in real estate investing, having completed a number of fix & flip projects. This unique combination of appraisal and investor mindsets gives Mr. Davidson a nuanced perspective on foreclosure investing, and we can't wait for you to hear today's conversation!
Make sure you stick around for the end of the episode if you'd like information on contacting Steve!
This week, Donny highlights an informative diagram of a market cycle, "the Cycle of Market Emotions." Interestingly, this breakdown characterizes the different phases of market cycles as emotional states. From the excitement or "Optimism" one might feel entering a market at its peak to the hopelessness or "Depression" that comes from trying to salvage an investment in a crashed market, today, we get to contextualize the ebb and flow of industry in terms we can feel with a little help from the Foreclosure Deals Coach.ย
Realistically, this diagram can be applied to any industry, but for our purposes, we'll focus on how understanding this concept is key for foreclosure investors as they analyze their local real estate markets. As we always say, the deals are out there, so our job is to equip you with the mindset to effectively identify the current state of your market so you can prepare for the inevitable shift.
Here's a link to the article Donny mentioned in today's episode:
Housing Demand May Have Started To Bounce Back From Coronavirus Impact
Welcome back! At Foreclosure Deals Coach, our mission is to highlight the mindset, methodology, and tools needed to invest in foreclosures. We tend to focus on content involving the actual work of foreclosure investing - generating capital, working with lenders, putting together renovation strategies, etc. - but today we'd like to take a look at a point at the beginning of the process where new investors might have some misconceptions. Contrary to what you might think, just because foreclosures are distressed properties doesn't mean you as a home buyer or investor can be less creditworthy or financially qualified when looking to purchase them. This reality can put a damper on buyers' foreclosure investing plans before they get started, but we are excited to introduce our listeners to an incredible service that can help them raise their credit score by as much as 40 points by doing something they potentially do every month!
RentReporters can record on-time rent payments to your credit report across the 3 major credit bureaus; helping you boost your credit score and derive a benefit from your commitment to being a good renter! Listen for more details on RentReporters and stay tuned for how you can get signed up!
Here's a link to the article Donny mentioned in today's episode:
New Report Explores Problem Of 'Credit Invisibility" Among HUD-Assisted Households
Greetings, and welcome back everyone! Today, we're going to revisit the idea of mortgage relief during the coronavirus pandemic, but this week, we'll be reviewing Minnesota Senator Ilhan Omar's proposed bill to cancel rent and mortgage payments. To reiterate the need for such relief at this point would be redundant, but it's our duty as foreclosure investors to understand the effect government policies have on the real estate market. and how those policies can impact the flow of deals and establish new industry standards.
Check out Donny's breakdown of the current events and reach out to us with your opinions on what you think would be helpful legislation or industry developments going forward.
Here's a link to the article Donny mentioned in today's episode:
Ilhan Omar Introduces Bill To Cancel Rent, Mortgage Payments During Coronavirus Pandemic
Hello, hello, hello, and welcome back! We understand getting started in the world of foreclosure investing can appear daunting at the outset. We emphasize the importance of having tools to locate deals, and working with professionals who can help facilitate your deals, but we find most people's main hang-up when it comes to getting started is money. We've addressed how to finance your deals in previous episodes, but we know purchasing the foreclosure is just the first step in turning a distressed property into a beautiful home. Potential investors are quickly faced with the importance of having capital available to finance renovations and build equity as they're getting started.
This reality usually leads to a couple of questions: "How much money should I have set aside to invest in my first foreclosure deal," and "How am I going to get that much money?" Fear not my foreclosure deals compatriots, Donny is ready to share the insight he uses to generate capital to turn his foreclosure deals into wonderful homes.
Here's a link to the article Donny mentioned in today's episode:
U.S. Foreclosure Activity Below Pre-Recession Levels in 61 Percent of U.S. Markets
Greetings! We've been reading the writing on the wall, and now we're navigating a changing real estate market. As foreclosure investors, we know that rising unemployment numbers and financial uncertainty are signs of a potential increase in the foreclosure market. Recently, we've been addressing the fallout from the virus outbreak and how our government is working to ease the burden for those citizens who are out of work due to COVID-19. Mortgage forbearance has stopped the foreclosure and eviction process throughout the country, so it would appear the primary source of our deals has been eliminated. Now, you could wait it out until the moratoriums have been lifted, or you could tap into other sources of deals in your area. We specialize in finding foreclosure deals, but as real estate professionals, it's important we be able to identify deals wherever they may present themselves. Listen up as Donny runs through resources you can access during this downturn in the foreclosure market to find deals now and into the future!
Here's a link to the article Donny mentioned in today's episode:Home Lenders Brace For Up To 15 Million Mortgage Defaults
Another week, another chance for us to deliver the mindset, methodology, and tools needed to become a successful foreclosure acquisition specialist to you, our listeners. Last week, we addressed the reality that we might be seeing the initial signs of a market correction in the near future. But what does that look like in the meantime? With so many people out of work as we continue fighting COVID-19, cities and lenders around the country have halted evictions and foreclosures. So as foreclosure investors, what should we be doing during this apparent stop in our business?
Depending on what market you're in, the sudden lack of available foreclosures may be a shock or not much of a departure from the norm, but either way, every investor is experiencing the same stoppage in the flow of properties they can take from under-market assets to desired dream homes with their hard work. Tune in as Donny breaks down some beneficial practices and strategies you can be implementing during this time to set the foundation for your future success!
Here's a link to the article Donny mentioned in today's episode:Banks Agree With California To Stop Foreclosures For 90 Days In Coronavirus Crisis
Welcome back, everyone! Foreclosure Deals Coach is here with up-to-date information on the condition of real estate and the foreclosure market. Over the better part of the last two years, we've been shining a light on the inner workings of foreclosure investing in hopes that our listeners would use that knowledge and learn what it takes to be skilled foreclosure investors. As the nation continues to be affected by COVID-19, real estate markets across the country are starting to feel the strain of so many Americans being out of work. The government has stepped in to offer aid where it can, but we must consider what kind of lives await us once this pandemic is over.
Our message of a market correction that could lead to an increase in foreclosures has been consistent, and factors in our economy forecast a significant shift in real estate in the near future. We never celebrate people losing their homes, but our hope is that you recognize the opportunity this shift presents to savvy foreclosure investors. We can use our knowledge to help people in tough situations and re-balance the real estate market while earning more money to secure our families' financial future. We know Donny would never be the guy to say, "I told you so," but listen to today's episode to find out the Foreclosure Deals Coach's view on where we are in real estate.
Here's a link to the article Donny mentioned in today's episode:Newest Home Foreclosure Numbers Belie The Coming Wave
Let's get right to it! This week, we'll be revisiting a topic we previously discussed in Episode 16 "What To Fix In Your Foreclosure," as we take another look at home renovations in your foreclosure deals. When our team at Colorado Foreclosure Deals start renovations on a new property, they tackle any major issues they might find while sticking to a simple formula of updating flooring, paint, appliances, and addressing any cosmetic deficiencies. We've found these updates usually go a long way in raising the overall value of a previously under-market property. However, as savvy investors, you should always be looking for ways to streamline your rehab while you maximize the return on the work you put into the home.
Today's episode goes into detail about the repairs and renovations investors agree will afford you the most substantial increases in listing price while helping you avoid the pitfalls of over-fixing a home or investing time in projects that don't usually yield a higher probability of a sale. The deals are still out there; make the most of your new foreclosure projects by learning efficient ways to turn that fixer-upper into the dream home at the end of the buyers' search!
Here's a link to the article Donny mentioned in today's episode:"These Home Renovations Provide The Biggest Returns"
Greetings foreclosure investors! We hope you and your loved ones have been staying safe and healthy during the COVID-19 emergency. The world seems to be at a standstill, but we at the Foreclosure Deals Coach podcast continue to deliver content to our listeners because we know the real estate and foreclosure markets are changing in real-time. Today, we're discussing "the American Dream." Before you get cynical on me, hear me out! We could agree that our ability to pursue a life we choose and maximize opportunities to create a future for our families could be a suitable definition of the American Dream? We want to illustrate how the concepts we discuss at Foreclosure Deals Coach - buying foreclosed properties under-market and working to make ugly things beautiful - can be your foundation for achieving your own American Dream right now!
Listen as Donny shows you how to use a little "sweat equity" to build wealth and create financial freedom while turning your next great deal into the home of your dreams!
Here's a link to the article Donny mentioned in today's episode:"Homebuilder Sentiment Falls, As Coronavirus Begins To Factor In"
Welcome back Foreclosure Deal Hunters! We have all seen the growing impact the spread of the coronavirus is having on the global economy, and during times like this, it can be difficult to accurately assess the short and long-term viability of the real estate market. Uncertainty can cause even the savviest homebuyers and investors to have reservations about closing on a new home, but in our case, are these concerns valid or are they rooted in the hysteria that has grown due to our government's response and the media's portrayal of the pandemic?
At the Foreclosure Deals Coach podcast, we always encourage you to maintain a level-headed mindset when it comes to your deals, and during this time, it's no different. Stay tuned as Donny provides information on developments in the real estate and foreclosure markets in response to COVID-19 while giving you perspective on how tumultuous times can produce a great opportunity for the informed investor!
Here's a link to the articles Donny mentioned in today's episode:"Foreign Investors Are Piling Into This US Real Estate Play As
A Coronavirus Safe Haven""Fannie Mae, Freddie Mac, HUD Suspending All Foreclosures And Evictions"
We're back with more helpful information on becoming a foreclosure investor! This week, we discuss Foreclosure.com, a national website with up-to-date listings on foreclosures and pre-foreclosed homes. Our message to our listeners centers on finding the best deals, but depending on what part of the country you're in, there might be a shortage of under-market or distressed properties for sale. On the other hand, you might live in a market where foreclosures are abundant; nevertheless, your ability to find these deals before your competition will be one of the key factors in your continued success as a real estate investor. By signing up for Foreclosure.com, you get access to a weekly list of new foreclosures and pre-foreclosures in your area, and in some cases, advance notice on new properties BEFORE they're listed on the market!
Sign up for a list from Foreclosure.com and put yourself in a position to acquire deals before your competition knows they're available. Gain insight on foreclosures in your area and make the most of your real estate goals with this incredible resource!
Here's a link to the article Donny mentioned in today's episode:
"Chicago Foreclosure Activity Spiked To A 15-Month High In January"
Today, Donny discusses the best time to buy a home or invest in real estate. Piggybacking off a recent Dave Ramsey interview, Donny goes into detail about how riding the wave of a hot real estate market and purchasing a home at retail prices may not always be the best way to secure your financial future. We will continue to encourage you to "buy a deal," but if you live in a market where home values continue to increase, it may appear to be a daunting task to locate a suitable home or investment property below market. We can attest to the reality there will always be deals out there, but the key is partnering with real estate professionals who know when and where to look for the best foreclosed or distressed properties so you can plan for inevitable market corrections and "buy it right." Tune in to learn more and let us know what you think!
Here's a link to the article Donny mentioned in today's episode:"12 Housing Markets Where Foreclosures Are Spiking"
We're back with another week of Foreclosure Deals fun! We want to thank you for your support as we continue to grow the show for you, our listeners! This week, we're fortunate enough to have a discussion with Steve Prewitt, President of Prewitt Group Real Estate in Colorado. With 15 years of experience in the industry, Steve has been able to establish himself as a top agent in Colorado by providing personalized customer service while offering a varied portfolio of real estate holdings and services to address the differing needs of his clients.ย
There are few things every broker and investor needs to do to maintain success in the real estate industry, so sit back and enjoy as Donny and Steve wax poetic about how they've each made a name for themselves in the Colorado market!
Hello, hello, hello! We are back with another week of foreclosure deals fun. Today, Donny gives an in-time valuation on a property he and his investors recently closed on in Colorado Springs. Being based in Colorado, and Denver specifically, we've definitely seen the market rise over time, and while this rise has extended south to Colorado Springs, Donny and his team have been able to find great under market properties for his clients like this one on Palmer Park.
Stay tuned as Donny breaks down the methodology and tools he uses to identify and acquire foreclosure deals, fix them, and put them back on the market improved with favorable equity positions.
Here's a link to the article Donny mentioned in today's episode:
"How Fannie And Freddie Work To Prevent Foreclosures"
Welcome back Foreclosure Deals Hunters! Today, Donny gives his breakdown of the "Owned" documentary, currently airing on Netflix. We've discussed a few factors that can cause a home to go into foreclosure, but you might be surprised at some of the circumstances Donny highlights during his recap of the eye-opening documentary.
Here's a link to the article Donny mentioned in today's episode:
"New Jersey Had The Country's Highest Real Estate Foreclosure Rate - Again"
And we're back!ย
Greetings Foreclosure Deals Army; we're so excited to be back giving you insight into real estate investing and the foreclosure market, and as always, we appreciate your continued support! We received such a great response on our Season 2 Finale, that we wanted to up the ante to kick off Season 3. This season, we'll be featuring guests to highlight the real-life application of the foreclosure investment concepts we've been giving you over the past 6 months.ย
Our first guest, Loc Nguyen is a personal friend of Donny's, a distinguished sushi chef at Nara Sushi in Colorado Springs, and a recent homebuyer. We know you've heard us exhort you to, "Don't Buy a House, Buy a Deal" and in Loc's case, this message wrings even truer. Listen as we learn a little more about Donny and Loc, have a few laughs, and discuss the importance of buying foreclosure deals in today's real estate market!
Greetings! Over the last 6 months, the Foreclosure Deals Coach team has put a lot of work into providing our dedicated listeners with the tools necessary to distinguish themselves as foreclosure experts. We feel we've accomplished our mission if you end each episode knowing a little more about what it takes to be a savvy real estate investor in the foreclosure market, and today we've decided to take a look back at some of our most popular topics. Whether you're being reminded of some of your favorite episodes over the last two seasons or are just tuning in to figure out what all the fuss is about, we hope the Season Two Finale leaves you excited for what we have in store for you going forward!
Happy New Year! We want to kick off 2020 equipping our listeners with tools to sustain continued success as foreclosure investors. We've discussed a lot of strategies you can use to protect the profits of your deals, but today we focus on the mindset you can adopt to keep the dollars coming in all year. Part of maintaining long-term profitability in any business is operating with a long view of the industry. Stay tuned as Donny breaks down the techniques he's used to excel in the Colorado market.
Here's a link to the article Donny mentioned in today's episode:
https://www.ccn.com/us-housing-market-bubble-races-toward-crash-foreclosures-jump/
Merry Christmas Foreclosure Deals Coach listeners! We hope you enjoyed the holiday, and we look forward to gifting you with more information on how to successfully invest in the foreclosure market. Today, we discuss the upgrades you can include to make your newly renovated foreclosure stand out in the retail market. As advancements in smart technology continue, voice-activated and autonomous features can allow buyers to have memorable, interactive experiences as they search for their new home. Stay tuned and learn cost-effective strategies you can use to push your property to the top of homebuyers lists.
This week, the topic shifts to mitigating the inherent risk involved with purchasing a foreclosure. We've covered the foreclosure process from a multitude of angles and have made sure to highlight the opportunities and pitfalls that can come from investing in the market. Listen as Donny outlines a few steps you can take to shield yourself from some of the issues that can sink your newest investment.
Here's a link to the article Donny mentioned in today's episode:
https://www.prnewswire.com/news-releases/us-foreclosure-activity-in-october-2019-climbs-upward-from-previous-month-300957958.html
Hello, and welcome back! This week, Donny addresses a critical tax exemption for anyone looking to invest in foreclosure properties and real estate. The Homestead Tax Exemption is an incredible avenue real estate investors and savvy homebuyers can use to build wealth while working towards owning their dream home outright in as little as 10 years. Tune in for more details and learn how you can skillfully invest your way to financial freedom.
Greetings Foreclosure Deals Coach faithful! We're back for another week of fun with the Foreclosure Deals Coach, Donny Coram, and this episode, we'll be discussing how retail buyers can successfully secure bank-owned properties as they compete with investors and other buyers. We understand not everybody is looking to flip foreclosures for profit; some people are just looking to get their next home at a great price. But in a competitive, deal-based foreclosure market, speed, access to capital, and real estate savvy are all vital to beating that next buyer to the punch. Check us out this week if you've ever considered a foreclosure as your next home and position yourself to close on that next deal!
Maybe you're in a market like Colorado and the general lack of foreclosures is making it difficult for you to find your next profitable deal. Savvy investors know not to give up so easily, but you might be asking, "Where can I find other sources of foreclosure deals in my area?" We consistently get inquiries about the chances of finding deals at foreclosure auctions, but the real question is are these auctions viable options for new investors and retail buyers? Tune in as Donny gives you the scoop on how to make the most of the next foreclosure auction in your market.
Welcome back to another installment of the Foreclosure Deals Coach podcast! This week Donny discusses how the time of the year can have an impact on your ability to acquire foreclosure deals. Banks are consistently putting foreclosed properties back on the market throughout the year; learn how to make the most of seasonal trends to construct winning offers and pounce on great deals when they come available.
We've discussed a lot of things about foreclosures, but until now, we haven't really gone into detail about the part that attracts most people to foreclosure investing, Rehab & Renovations. Some people find joy in the work of restoring a distressed property to its former glory, and others are more concerned with adding just enough bells and whistles to ensure a return on their investment. Whichever side of the fence you fall on, let Donny give you some advice on prudent decision making during your rehab process.ย
Greetings foreclosure investors! We're back after a brief break from the podcast to give you even more information about the changing foreclosure market. We've seen a lot of activity here in Colorado and have been busy acquiring tons of great properties, so please excuse us for our absence. In light of all these new deals, we wanted to discuss factors that influence fluctuations in foreclosure rates and contribute to the prevalence or lack of foreclosure deals in different markets. Listen in as Donny gives you insight on what trends to watch to capitalize on new foreclosure deals in your area!
Welcome back to another week of foreclosure education on the Foreclosure Deals Coach podcast! This week, we're discussing mortgages and how low rates can provide you with opportunities to refinance your investment property. Conventional loans can be a valid financing option for people looking to live in their newly purchased foreclosure, and favorable mortgage rates can help offset some of the costs of the loan, making your investment that much more profitable. Listen as Donny gives you a blueprint to capitalize on the most important asset you'll ever purchase; your home!
Greetings all you DEALhunters out there! We are slowly starting to see the signs of a shifting real estate market, and in Colorado where we're based, that means transitioning from a seller's market to a buyers market. As things continue to change, we will see more foreclosures come on the market. The question you should be asking as an investor is what does this all mean for you. Let Donny give you more details on strategic ways you can position yourself for long term financial flexibility
Here's the article Donny mentioned in today's episode:
https://www.marketwatch.com/story/the-surprising-ways-foreclosures-make-housing-market-downturns-even-worse-2019-09-03
HUD foreclosures can be an untapped profit center for savvy foreclosure investors, but what exactly are HUD foreclosures and how can one find them in their market? Today's episode of the Foreclosure Deals Coach podcast covers the basics of HUD foreclosures, the mindset behind analyzing and acquiring them as DEALS, and whom you should work with to maximize your returns after investment.
Here's the article Donny mentioned in this week's episode:
https://mortgageorb.com/attom-foreclosure-starts-ticked-up-in-august
Thanks for stopping by! Today's episode is about the "Four F's of Foreclosures," and we've made sure to cram as much information as we can into this week's segment. The process of buying a foreclosure can be daunting for new investors, so tune in as Donny breaks it down into simple steps and gives you the framework for success. And who knows, if you stick around until the end of the episode, there might just be a bonus surprise in it for you!ย
Greetings from the team at Foreclosure Deals Coach! We appreciate your continued support of our podcast, and we commit to rewarding your dedication by giving you access to the property investment knowledge Donny and our team have acquired over the last 15 years. Today's episode could be an extension of last week's Privy feature; listen as Donny discusses additional tools that will help simplify your purchasing decisions and inform your investment projects.
Thanks for listening, and we'll see you at the top!
Today's episode of the Foreclosure Deals Coach podcast is dedicated to one of the most powerful tools in our foreclosure investment arsenal. What we like to refer to as the "the MLS for investors," the Privy investment application lets you compare your foreclosure deals to other homes in the area to determine the ARV (after repair value) of your investment. Find the best deals by setting investment parameters to send you notifications when properties matching your criteria come on the market. Budget effectively to maximize your profits by comparing before and after pictures of home renovations to see what design features are popular in that neighborhood! Make sure you tune in for details on this incredible investment tool!
Foreclosure Deals Coach is about finding deals; it's right there in our name! But how can you tell if the foreclosure you're looking at will be a deal for your investors if you don't have an accurate valuation of the home's current condition? Tune in as Donny runs down the tools and people you should be familiar with to get accurate evaluations of the properties you find so you can maximize your earning potential!
If you're listening to this podcast thinking, "I really want to invest in real estate," you'd be just like the millions of people who dream about pursuing a lucrative career in our wonderful industry. Today, you can separate yourself from the pack and take the first steps to become a real estate professional and foreclosure acquisition specialists! In this episode, Donny goes over some common obstacles people cite in their quest to become successful real estate investors and provides motivation to help YOU overcome them.
One major barrier people mention when looking to start a career in real estate investment is lack of money. You might be one of those people focused on your lack of funds, but Donny is here to adjust your mindset and educate you on resources to help you effectively finance your deals and get started as a foreclosure acquisition specialist!
If you're worried about your next payday, you will lack the mental clarity necessary to make effective investment decisions. In this episode, you'll learn strategies to maintain a consistent income between deals in order to preserve a winning mindset.
Foreclosure acquisition is a team sport! You can increase your productivity and income by surrounding yourself with an experienced group of professionals to help facilitate your deals. Stay tuned as Donny gives you insight on who to add to your team.
In this episode, Donny discusses your motivation for becoming a foreclosure acquisition specialist. Your reason, or Big Why, for pursuing a career in real estate will provide the fuel you need to DOMINATE in your market.
In this episode, Donny gives even more detail on his first fix & flip deal: how he acquired it, his "renovation" strategy, how he sold the property, and his first big payday! Throughout the whole process, Donny made some choices that he surely would have avoided had he known then what he knows now. We understand that experience is the greatest teacher, but why don't you glean insight from some of Donny's mistakes and bypass some pitfalls new investors commonly encounter. Stay tuned for a funny history of the Foreclosure Deals Coach, and get inspired to close your first deal!
Your introduction to the Foreclosure Deals Coach podcast and the Foreclosure Deals Coach program. Donny gives a rundown of what the podcast will cover and offers details about the opportunity associated with the new Foreclosure Deals Coach program.