September 06, 2023

Navigating Real Estate Without Being a Traditional Landlord

58 minutes

Navigating Real Estate Without Being a Traditional Landlord | The Real Estate Podcast, Ep. 129

Welcome to "The Real Estate Podcast," hosted by Alex Coffman, co-owner of TRE (Teifke Real Estate).

In this episode, we're honored to have real estate industry expert Scott Jelinek as our guest. With over 30 years of experience and a staggering 800 deals under his belt, Scott specializes in a unique strategy known as the slow flip.Join us as Scott delves into the concept of buying properties on five-year mortgages and selling them with long-term owner financing, a strategy that allows investors to sidestep the pitfalls of traditional real estate investing.

🏡 Episode Highlights: 🏡

Scott shares his background and experiences in real estate, including his setbacks during the 2007 housing market crash when he lost 55 properties.

Learn the ins and outs of the "slow flip" method, a savvy approach to acquiring properties with five-year mortgages and selling them with long-term owner financing.

Explore Scott's ability to weather market downturns and the crucial importance of building a resilient foundation for real estate investments.

Uncover how Scott's real estate portfolio remained robust during the COVID-19 pandemic, with most tenants continuing to pay rent.

Gain insights into his streamlined business model, which revolves around efficient payment processing and check collection with a minimal team.

Delve into his financing strategy, which includes leveraging private money and occasional seller financing.

Discover the diverse range of buyers for slow flip properties, from self-employed individuals to cash earners and those with credit issues.

Learn how Scott successfully manages properties in multiple states, including Virginia, Illinois, St. Louis, Indiana, Ohio, Alabama, and Tennessee.

Explore the benefits of seller financing and why Scott steers clear of the traditional foreclosure process.

Join us for an eye-opening conversation that unveils the potential of slow flipping in real estate—a strategy that provides immediate cash flow and a tangible path to financial freedom.

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Ready to embark on your own real estate journey?

Tune in now and learn from the expertise of Scott Jelinek.

Grab your free copy of Scott's book here: slowflip.com

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By Alex Coffman

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