Before jumping in on a challenging tax value in Chicago, Chase discusses his recent marketing event that he hosted and his respect for high energy individuals such as Tony Robbins and teachers that are able to teach others day in and day out.

Meanwhile in Orlando, Robert’s 2017 theme of organization is still going strong and he notes that he still has much to accomplish. He also mentions that he’s been doing some more research into Facebook advertising as he has another asset that he wants to sell to a 3rd party at the upcoming foreclosure sale similar to what they did with another recent asset. Robert explains how he has a few other deals he’s more interested in at the moment so he would like to sell this off at the foreclosure sale so he can invest the capital in other deals. The foreclosure auction is scheduled for February 27th in Aurora, Ohio so stay tuned as the results will be coming up in the next week or two!

The guys then segue into a recent Tim Ferriss podcast and the need to get your hands dirty sometimes. Robert laments that he’s been in the office a little too much lately so he’s looking forward to a day in the field on a remodel coming up.

Robert then talks about the property in Atlanta, GA that was finally sold. Numerous learning lessons there involving contractors that shouldn’t have been paid, bankruptcy delays, time being eaten up, & double contingency delays by the buyer of the home. The buyer had a contingency on selling their home, which isn’t crazy, but what we didn’t know (and didn’t ask) was that the buyer of our buyer’s home had a contingency on their property being sold so we were 2 closings removed. So the lesson here is to be sure to reach out to your buyer’s buyer and ask about any wonky contingencies in their contract. 

Next up they discuss the recent triumph of Robby challenging the tax value in Chicago on an asset and was able to win a $6,000 reduction on the annual taxes for a building he owns (which took Robby all of 3 minutes worth of paperwork).

That’s it for this week! 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:

• Double contingencies and how they can delay a property selling by months
• The benefits of Facebook advertising for unloading properties
• How Robby was able to reduce his annual taxes on a building by $6,000 annually
• An upcoming foreclosure sale in Aurora, OH where Robby is trying to offload a solid deal of an asset
• Learning lessons from a recent sale in North Atlanta, GA
• Why you should get your hands dirty from time to time
• And much more!

Featured on the Show:

• Tony Robbins
• Tim Ferriss

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

Cheers,

Chase & Robby