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062: Real Estate Marketing Mistakes
We jump in talking about some books that are currently on the reading list; The Miracle Morning by Hal Elrod got Robby to toss on some gym shoes and go for a run. Chase caught an early morning Periscope session by Jarrod Glandt this morning where he was speaking on how he starts his day with speed and urgency.
Chase brings up an awesome story from one of his favorite people, Derek Sivers. The story is about the importance of relaxing to get the same results.
Into deal talk, Robby has one of his foreclosure sales get canceled due to the borrower filing a Chapter 13 Bankruptcy the morning of the sale. He talks about the additional costs, hearings, the process of handling the deal.
Moving to South Carolina Robby takes us through some back of the napkin math on a JV asset and how he is going to pick the bid amount for the foreclosure sale. Looking at the potential extended hold time by taking the property back as an REO and the additional capital needed to increase the sales price of the property.
Chase did a great webinar on Monday covering the main things he sees many real estate marketing mistakes being made. FYI, he did it for free and is even uploading it to our Facebook page so that if you didn't catch it the first time you will have another chance. Take the hour to invest in watching this as soon as you get a chance.
Robby is about to put a tenant into one of his 'free' properties that he picked up a few months ago. He's got a bit over $7,000 into the free deal as it stands, so we are in this one for the long haul to actually see any profit. Additionally, he hits on the importance of an upcoming ruling on the statute of limitations ruling as there have been two rulings in the state of Florida as it pertains to SOL.
We wrap up with Robby reviewing the interaction he has with the servicing company of a 2nd position note that he has been working a short sale on for a friend. Listen in to hear how limited this servicer was in regard to even a simple task like relaying information to the investor that owns the mortgage.
If you have any questions for us or comments send them our way at [email protected].
Listen to this week’s show and learn:
Listening Options:
Thanks for listening to our show! We’ll be back next Wednesday morning.
Cheers,
Chase & Robby
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By Chase Thompson & Robert Woods | Note Investing | Real Estate Investing | LiWe jump in talking about some books that are currently on the reading list; The Miracle Morning by Hal Elrod got Robby to toss on some gym shoes and go for a run. Chase caught an early morning Periscope session by Jarrod Glandt this morning where he was speaking on how he starts his day with speed and urgency.
Chase brings up an awesome story from one of his favorite people, Derek Sivers. The story is about the importance of relaxing to get the same results.
Into deal talk, Robby has one of his foreclosure sales get canceled due to the borrower filing a Chapter 13 Bankruptcy the morning of the sale. He talks about the additional costs, hearings, the process of handling the deal.
Moving to South Carolina Robby takes us through some back of the napkin math on a JV asset and how he is going to pick the bid amount for the foreclosure sale. Looking at the potential extended hold time by taking the property back as an REO and the additional capital needed to increase the sales price of the property.
Chase did a great webinar on Monday covering the main things he sees many real estate marketing mistakes being made. FYI, he did it for free and is even uploading it to our Facebook page so that if you didn't catch it the first time you will have another chance. Take the hour to invest in watching this as soon as you get a chance.
Robby is about to put a tenant into one of his 'free' properties that he picked up a few months ago. He's got a bit over $7,000 into the free deal as it stands, so we are in this one for the long haul to actually see any profit. Additionally, he hits on the importance of an upcoming ruling on the statute of limitations ruling as there have been two rulings in the state of Florida as it pertains to SOL.
We wrap up with Robby reviewing the interaction he has with the servicing company of a 2nd position note that he has been working a short sale on for a friend. Listen in to hear how limited this servicer was in regard to even a simple task like relaying information to the investor that owns the mortgage.
If you have any questions for us or comments send them our way at [email protected].
Listen to this week’s show and learn:
Listening Options:
Thanks for listening to our show! We’ll be back next Wednesday morning.
Cheers,
Chase & Robby