After some initial Election Day banter, Robby and Chase discuss a couple important topics including a recent Florida Supreme Court Ruling.

In the case of the legal topic, the Florida Supreme Court finally ruled on the statute of limitation issue presented in Bartram vs U.S. Bank. Long story short, banks now essentially have a do over and experts expect upticks in State foreclosures in the next 12 to 24 months. The guys discuss the future impact and ramifications of this ruling and you’ll be surprised at their thoughts on whether it’ll spread to other States.

Their next topic is another fascinating article from the Wall Street Journal titled “Banks Fall Back in Mortgage Lending.” The reason they believe this is so impactful is because of the $50,000 to $100,000 mark where banks don’t really want to lend because of limitations of Dodd Frank. Essentially, this lending range is slowly giving way more to individual investors & smaller funds and there is a great opportunity to build wealth in the near future which leads the guys to segue into discussing a few interesting deals they have in Baltimore along with some minor headaches Robby experienced while contacting local government offices.

The next thing they have to discuss concerns Facebook advertising & targeting to help expedite offloading specific deals. Robby discusses marketing a potential asset they have in Columbus with his marketing buddy in Orlando, Tonio Bianca. They’re going to A/B test a few Facebook ads that will target a specific radius around their asset and will predominantly target local wholesalers, flippers, and real estate investors in general. Be on the lookout as the guys will look to turn this into a brief case study for everyone to review and determine if it will make sense for their business.

After listening to the recording of the dialogue between Robby & Tonio, Robby reminisces about an old Town Hall type discussion between Warren Buffet & Bill Gates where he learned a couple great lessons that he reviews with the listeners.

Chase closes out with a great discussion on video and Facebook Live Video and the benefits it can and will have on your business if you decide to start utilizing it. Robby reminds & warns listeners not to reveal the addresses of properties through video if they don’t have it under contract yet!

That’s all for this week everyone. Thanks for listening everyone and as always, if you have any questions, comments or potential deals to send our way, email us at [email protected].

Listen & Watch this Week’s Show to Learn:

• Tax foreclosures & Note Deals in Baltimore
• A new ruling by the Florida Supreme Court on the case of Bartram vs. U.S. Bank
• Using Facebook Advertising to help expedite the sale and offloading of assets
• Current trends in Mortgage Banking and how it will affect the individual investor
• And much more!

Featured on the Show:

• Harris Howard Attorneys at Law
• The Bartram vs. U.S. Bank Florida Supreme Court Ruling
• Warren Buffett & Bill Gates Interview on Success

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Thanks for listening to our show! We’ll be back next Wednesday morning.

Cheers,

Chase & Robby