Finding Your Ideal Real Estate Market
Question for Lou: In Washington State, the real estate market is very hot and it’s been years now.
There is a law put into place so people can’t do what they used to do.
With that being said how can you make money given this situation? Do you develop any other strategies?
Need to know the answer to these questions? Watch this short video and learn from Lou different strategies on becoming a successful Street Smart Real Estate Investor.
For more valuable information click on this link and watch the complete episode: https://youtu.be/9XsFoXsOtpg – “The Flipping Real Estate Marketing is Crazy!”
If you are JUST getting started in real estate investing, you NEED to attend my ONE-DAY virtual training. I teach it LIVE over ZOOM, and it’s only $1 (yes, one dollar) for SIX HOURS of solid how-to training! https://www.wealthbuilderworkshop.online
If you’re ready for a more in-depth experience, then you owe it to yourself to investigate my THREE- DAY Millionaire Jumpstart Event. I host it four times a year in various locations, and you can attend LIVE and in person. I’m your coach all three days. Find out more at https://millionairejumpstart.com/
You’ll discover how to start investing in real estate (or do it easier and more profitably) at either Wealth Builder Workshop or Millionaire Jumpstart.
Here is an overview of my proven and practical approach to investing in real estate.
* Money Making Secret #1: Getting Motivated Sellers to Call You! No more calling unmotivated sellers and getting rejected more times than a geek for the high school prom!
I’ll show you how for over 28 years, I’ve been able to get deals brought to me and motivated sellers hunting me down to give me their house.
* Money Making Secret #2: The Art of Structuring Deals! I’ve been doing this for 40 years and I love to share how I get sellers to give me the house, a check, and even a jet ski or two.
* Money Making Secret #3: Negotiating Secrets Revealed! I love to negotiate, just ask Matt, one of my hand-picked coaches. We recently went to an estate sale and he witnessed me structuring a deal to buy the house and contents right there on the spot.
* Money Making Secret #4: Trusts Simplified! A little confused on this entire Trust thing? Why to do it? How to do “Subject-To” safely? I’m going to show you my new fundamentals of Trusts training that will simplify the concept of Trusts, so a 9-year-old child can understand it.
* Money Making Secret #5: Develop a Plan for Success in Real Estate. The wealthiest man ever to walk the earth left clues for us on how he amassed his great wealth and kept it.
How to Help People While Helping Yourself – Become a Certified Affordable Housing Provider™
Create Your 10 Million Dollar Retirement Plan – specific formula revealed
Learn Hidden Profits Available in ANY Deal – worth thousand$
How to Take Over the Seller’s Loan with NO Money
How to Have the Seller PAY YOU to Buy Their Home – no kidding!
Buying Without Bank Loans – over forty years and never one bank loan!!
Easy Ways to LEGALLY Raise Big Money for Your Deals
Renovations – Quick Ways to Safely Make Huge Cash Now
Money-Making Management Secrets from a 40 year veteran who manages over 150 now
Accelerating Your Cash Flow – Add built-in “Profit Centers” – extra hundred$ per month
Case Studies: Secrets of How They Were Found, Negotiated and Sold
How to Protect Your Deal from Someone Else Stealing it
Legally Pay ZERO Taxes on Your Real Estate Portfolio – simple structure worth thousands
Having Tenants Leave Your Property in Better Condition than When You Gave It to Them
Why Land and Personal Property Trusts are the Best Privacy and Asset Protection
Benefits of Trusts You Cannot Get With ANY Other Entity
The Due-on-Sale Clause – What it is and How to Avoid it Legally And MUCH More
Need help deciding which power-packed “one-of-a-kind” training on making money in real estate investing is best for you!
Call 1-800-578-8580 or visit us online at https://www.streetsmartinvestor.com
Listen to our Podcast:
Street Smart Real Estate Investing With Lou Brown
Scott Paton:
We have another question from Evie. In Washington state, the real estate market is very hot and it’s been for years now. Yeah, I know exactly what she means. There is a law put into place so people can’t do what we used to do. How can we make money like that? People don’t give houses away in Washington state. Have you developed any other strategies? What are the best states to do the work that you’d like to do? I guess that’s what I’m 1.2 is you don’t have to work in your backyard with your system. You could be working in ideal markets, even if you’re not living in those ideal markets.
Lou Brown:
Exactly. Right. Not only can you do that, but a number of our licensees do exactly that, whether it’s in another part of their state or any other state, because we don’t put restrictions on our licensees, which are Certified Affordable Housing Providers, they can be anywhere in the country and they can offer their services and their benefits anywhere in the country. So it’s a really great question about, you know, can you invest in other parts of the country? The answer is yes. Are there more attractive markets? Well, I would say it depends on what you’ve done locally first, because locally you certainly can find people that can qualify for loans. You can find people that can’t qualify for loans. You can find people that have significant downpayments like I was just sharing with you. So certainly finding those folks locally and serving them can work and does work. Now, as far as laws go, let’s read the law, let’s see what the law says. It may or may not be possible. And what we found is in states where there’s adjustments that we need to make, we make those adjustments and we can make those adjustments for folks. So we just need to look at what restrictions you would have and then act accordingly.
Scott Paton:
Just to follow up on that, Lou, you’re in the beginning process of a potential Washington state deal and you’re in Atlanta, Georgia. So I guess if you went over maybe one or two states, you’d be as far away from Washington state, as it’s possible to be in the continental United States. Obviously you can’t finish that deal, right. Because it’s just too far away.
Lou Brown:
Well, I’m about five hours away from there. In fact where we are, but you’re absolutely right. You know, I got to referred someone that is in Washington state. We were working on this deal literally last night and this morning. And certainly there is the opportunity to serve them and they have the ability to put a significant down payment. In fact, their down payment is a hundred thousand dollars and they have sufficient funds to do a closing and what have you. So definitely, and I guess this is what’s so fascinating about the model that I’ve put together is that the customers that love you will go find the properties and bring them to you. And that’s exactly what’s going on right now. Now in that example, with that significant of a down payment, hey, they’re going to be getting the deed to the property. They’re going to be getting a mortgage on the property. So it’s certainly going to fit any laws that I’m aware of. And yes, we can do that in Washington state.
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