7 Figure Flipping with Bill Allen

HFHQ 04: Darrell Kucan and Imran Clark Discuss Short Sales and REIC’s


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In this episode of the House Flipping HQ Podcast we speak with Darrell Kucan and Imran Clark, Ph.D., two real estate investors from San Diego who specialize in short sales and, more recently, subject 2 deals.  They have also recently taken over the well known and highly respected San Diego Investment Club (SDIC).  Today they dive in to the details on how they got started house flipping and share secrets to their success.

Like what you hear?  Click here to subscribe in iTunes.  And while you're there, why not leave us a review and rating?

Show notes

In this episode we cover:

  • Who are Darrell Kucan and Imran Clark, Ph.D.?
  • Darrell and Imran's early experience with House Flipping
  • Struggles, challenges and how hard work can make it all worthwhile.
  • What are short sales and how can you use them to buy houses?
  • What are subject 2's and why are they important?
  • Why and how to start or maintain a Real Estate Investment Club?
  • How to find a REIC?  How to make sure it is legitimate and worthwhile?
  • How to find a short sale or subject 2 deal?

Resources and Links Mentioned:

  • Kucan and Clark Website: http://www.kucanandclark.com/
  • SDIC on Facebook: https://www.facebook.com/sandiegoinvestmentclub
  • SDIC on Twitter: https://twitter.com/investclub4sd
  • SDIC on Youtube: http://www.youtube.com/user/SanDiegoInvestClub?feature=mhee
  • SDIC Meetups: http://www.meetup.com/FIBI-San-Diego-Investment-Club/
  • House Flipping Case Study from Kucan and Clark
  • Chase Bank Short Sale FAQ: https://www.chase.com/chf/mortgage/hrm_otheralt
  • Bank of America Short Sale Programs: http://homeloanhelp.bankofamerica.com/en/short-sale.html
Transcript

Click here to Read and Download the Transcript for Episode 4

Memorable Quote

“Mindset is huge.  Personal Development … a lot of our success is because we took action, we never gave up and we overcame obstacles, but what allowed [us] … to overcome those obstacles … was the personal development we'd gone through.” ~ Darrell Kucan

“Take massive action [and] don't let anybody tell you that you can't. Including yourself.” ~ Kucan and Clark

Like what you hear?

If you've found any value or helpful information in the House Flipping HQ Podcast, we'd love to hear about it!  Head on over to iTunes and leave us a rating (5 stars would be great!) and review so that others who are interested in starting a house flipping business can find us and get in on the good stuff.

Click here to leave a review and rating

If you have any questions or comments about this show or it's contents, please post them in the comments area below and I'll be happy to answer them!

The post HFHQ 04: Darrell Kucan and Imran Clark Discuss Short Sales and REIC's appeared first on House Flipping HQ.

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7 Figure Flipping with Bill AllenBy Bill Allen

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