Wednesday Oct 23, 2024

Inside a $11K/Month Multi-Family Property Deal

Welcome to a new episode of Get Creative! In this episode, we delve into the profitable world of multifamily properties through owner financing. Join us as we follow the journey of Carly Romer and her team, exploring their tactics from initial contact to successful negotiations. Discover the steps they took to secure a multifamily property that nets $11,000 a month, their strategic persistence in follow-ups, and the key takeaways that can help any investor succeed in real estate.

Highlights:

"Building a relationship with property sellers can transform an initial cold call into a profitable negotiation."

"Persistence in follow-ups is crucial; it's about staying on their radar without being a nuisance."

"Negotiation is an art—knowing when to push for a better interest rate or a lower down payment can make or break a deal."

"Every successful deal relies heavily on the community and partnerships—it's not just about the numbers."

Timestamps:

0:00 - Acquiring Multi-Family Properties through Owner Financing

1:13 - Carly Romer's Initial Attempts and Challenges

3:18 - Building Rapport and Persistent Follow-Up

5:29 - Negotiating the Deal Terms

10:02 - Key Takeaways and Strategies for Success

12:27 - Community Support and Final Advice

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Inside a $11K/Month Multi-Family Property Deal

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