7 Figure Flipping with Bill Allen

HFHQ 127: How I Became a Motivated Seller (This is Why You Can Buy Houses at a Discount)


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Something I hear from new house flippers and wholesalers all the time is, “Why would anyone agree to sell their house to me at a discount?”

Some people think no seller would ever agree to such a thing.  Or they assume you have to cheat or mislead the seller in some way to get the discount, which is totally untrue.

If you’re thinking this, you have it all wrong.

There are absolutely motivated sellers out there who will gladly sell at a discount… and I know this firsthand, because I’ve been a motivated seller myself.  

I recently found myself in a situation where I didn’t have the knowledge or resources to get myself out… and I just wanted the problem gone.  When an investor showed up to help, I was overjoyed… even though I lost thousands of dollars and knew he was going to make a nice profit off me.

None of that mattered.  I was thankful for his help.

So how did it happen?  First of all, I wasn’t selling a house… it was something else…

Episode 127: Show Notes

A few takeaways from today’s episode.

  • What ended up happening to the VW bus we bought a few years back…
  • What we would have had to do to fix up and “flip” this VW bus ourselves…
  • Why I was happy to lose several thousand dollars on this transaction…
  • How opportunity cost played a major role in our decision to sell…
  • Why many sellers don’t mind and are even happy if you make money flipping their house…
  • What Tara is going to be speaking about at Flip Hacking LIVE…
Links and Resources
  • Tickets to Flip Hacking LIVE are available now at an extremely low early bird rate.  Get in before seats fill up!  Head over to FlipHackingLIVE.com to reserve your spot!
  • Also, check out the book Spin Selling by Neil Rackham.  The concepts in this book have already helped Kale close more deals from private sellers!
Like what you hear? Subscribe!

If you've found any value or helpful information in the House Flipping HQ Podcast, we’d love to hear about it! Head over to iTunes to subscribe, and while your'e at it, leave us a rating (5 stars would be great!) and a review so that others who are interested in starting a house flipping business can find us and get in on the good stuff!  If you have any questions or comments about this show or its contents, please post them in the comments area below and I’ll be happy to answer them!

 

The post HFHQ 127: How I Became a Motivated Seller (This is Why You Can Buy Houses at a Discount) appeared first on House Flipping HQ.

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7 Figure Flipping with Bill AllenBy Bill Allen

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