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How to LEGALLY Buy Houses for $10 & Stop Foreclosures – The Secrets Banks Don’t Want You to Know!
Summary
In this episode of the Generations of Wealth Podcast, host Derek Dombeck speaks with Pat Martin, a seasoned real estate investor and coach. Pat shares his journey from wrestling and coaching to ministry work and eventually becoming a successful real estate investor specializing in pre-foreclosures and distressed properties. They discuss ethical investing, foreclosure strategies, and how to acquire properties for as little as $10. The conversation also covers controversial real estate practices, including equity stripping, sub-to deals, and the Remick rule, and how to do business the right way with integrity.
Key Takeaways✅ Pat Martin’s Background – From coaching and ministry work to 20+ years in real estate investing. ✅ Ethical Real Estate Investing – Importance of doing business legally, morally, and ethically. ✅ Equity Stripping Lawsuit – Discussion on a recent case in Arizona where investors were accused of unethical foreclosure practices. ✅ Foreclosure Investing Done Right – Strategies for acquiring properties ethically and legally. ✅ Buying Properties for $10 – How Pat structures deals with distressed homeowners. ✅ The Remick Rule Strategy – How banks use IRS loopholes, and how investors can leverage it to eliminate liens. ✅ Sub-to & Assignments – The risks and ethical concerns of subject-to transactions and assignments. ✅ Lead Generation – Proven methods to find pre-foreclosures and motivated sellers. ✅ Pat’s Pre-Foreclosure Course – Exclusive $1,500 discount for podcast listeners.
Why Should You Listen?🎯 If you're in real estate – Learn real foreclosure strategies without unethical tactics. 💡 If you're new to investing – Avoid scams, bad deals, and risky practices. ⚖ If ethics matter to you – Understand the right way to invest in distressed properties. 📢 If you want actionable insights – Pat shares real-life examples and step-by-step deal breakdowns.
Time Stamps📌 0:00 - 5:00 – Introduction & Pat’s Background 📌 5:01 - 15:00 – Transition into Real Estate & Pre-Foreclosures 📌 15:01 - 30:00 – Ethical vs. Unethical Investing & Arizona Lawsuit Discussion 📌 30:01 - 45:00 – The Right Way to Handle Foreclosures & Sub-to Concerns 📌 45:01 - 1:00:00 – Buying Houses for $10 & The Remick Rule Strategy 📌 1:00:01 - 1:11:00 – Final Thoughts & Pat’s Course Discount Offer
#RealEstate #Foreclosures #Investing #EthicalInvesting #RealEstatePodcast #WealthBuilding #PreForeclosures #RealEstateInvestor #PassiveIncome #GenerationsOfWealth
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By Derek DombeckSummary
In this episode of the Generations of Wealth Podcast, host Derek Dombeck speaks with Pat Martin, a seasoned real estate investor and coach. Pat shares his journey from wrestling and coaching to ministry work and eventually becoming a successful real estate investor specializing in pre-foreclosures and distressed properties. They discuss ethical investing, foreclosure strategies, and how to acquire properties for as little as $10. The conversation also covers controversial real estate practices, including equity stripping, sub-to deals, and the Remick rule, and how to do business the right way with integrity.
Key Takeaways✅ Pat Martin’s Background – From coaching and ministry work to 20+ years in real estate investing. ✅ Ethical Real Estate Investing – Importance of doing business legally, morally, and ethically. ✅ Equity Stripping Lawsuit – Discussion on a recent case in Arizona where investors were accused of unethical foreclosure practices. ✅ Foreclosure Investing Done Right – Strategies for acquiring properties ethically and legally. ✅ Buying Properties for $10 – How Pat structures deals with distressed homeowners. ✅ The Remick Rule Strategy – How banks use IRS loopholes, and how investors can leverage it to eliminate liens. ✅ Sub-to & Assignments – The risks and ethical concerns of subject-to transactions and assignments. ✅ Lead Generation – Proven methods to find pre-foreclosures and motivated sellers. ✅ Pat’s Pre-Foreclosure Course – Exclusive $1,500 discount for podcast listeners.
Why Should You Listen?🎯 If you're in real estate – Learn real foreclosure strategies without unethical tactics. 💡 If you're new to investing – Avoid scams, bad deals, and risky practices. ⚖ If ethics matter to you – Understand the right way to invest in distressed properties. 📢 If you want actionable insights – Pat shares real-life examples and step-by-step deal breakdowns.
Time Stamps📌 0:00 - 5:00 – Introduction & Pat’s Background 📌 5:01 - 15:00 – Transition into Real Estate & Pre-Foreclosures 📌 15:01 - 30:00 – Ethical vs. Unethical Investing & Arizona Lawsuit Discussion 📌 30:01 - 45:00 – The Right Way to Handle Foreclosures & Sub-to Concerns 📌 45:01 - 1:00:00 – Buying Houses for $10 & The Remick Rule Strategy 📌 1:00:01 - 1:11:00 – Final Thoughts & Pat’s Course Discount Offer
#RealEstate #Foreclosures #Investing #EthicalInvesting #RealEstatePodcast #WealthBuilding #PreForeclosures #RealEstateInvestor #PassiveIncome #GenerationsOfWealth