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The Roadmap To Financial Freedom
Just bought 56,000 in equity.
We had a call come in from a seller who is power of attorney for her brother who happens to be in prison. He needs to sell the house so he has money when he gets out. We bought this house for 105k cash. I never gave them an offer...she told me her price. The house...
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What do you do when a seller backs out of a deal?
If you have any kind of deal flow at all, then you have encountered this... You get a great lead, you sign up a great deal, then you get a not-so-great text message from your seller that is telling you the deal is off. It can be very frustrating. You spend your...
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How I just made $75,000 in equity, and $569/month
I am going to show you guys a transaction we are working on right now. This is the 2nd purchase of ours this month, and we should buy around 8-10 this month. The seller calls and is facing a foreclosure sale date of a week from the day she calls. My main acquisition...
read moreENTREPRENEUR. INVESTOR. TEACHER.
Brad Smotherman’s passion is being a top house flipper in the nation, and helping other newer investors build a sustainable real estate investing company. His focus is on buying single family flips creatively, both subject-to and with owner financing…and selling retail or with owner financing (creating wrap notes). This site is dedicated to helping others do the same. Please be sure to download the free case study “How Stephanie made $350k her first year..”.PODCASTS
Basics of Subject To Investing And A Great Banker Story
Brad goes over the basics of subject-to investing…the legalities, the structure, and how it can VERY positively affect your business.
Does Buying Equity Make You A Fraud??
Brad goes over basic ethics when buying equity and answers the question that many people, especially newbies, struggle with…Is it ethical to buy a good deal? Is it ALWAYS ethical, under any circumstance? Listen to this episode to gain insight from a house flipper with hundreds of transactions, over a thousand seller visits, and tens of thousands of phone calls.
How I made $40,000 in instant equity
Brad goes over one of his latest transactions, where he buys $40,000 in as-is equity with no rehab…and with no money out of pocket. James tags along for the appointment and realizes, as a newbie investor…”I think I could have bought that house!”.