Episode #9: Questions New Real Estate Investors Ask w/ Michael Del Prete (Part I)

The Questions New Real Estate Investors Ask

Are you an investor who just starting off? Or maybe never done a deal? Now that you have arrived, your real estate investing journey can now begin!

𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐖𝐞 𝐂𝐨𝐯𝐞𝐫:

• 0.52 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐎𝐍𝐄: Do you suggest starting in your own backyard or go virtual?

• 3:30 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐓𝐖𝐎: About the call center in Mexico: Are you using just callers to market, direct mail, or any other sources?

• 10:06 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐓𝐇𝐑𝐄𝐄: How do you make a contract?

• 12:21 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐅𝐎𝐔𝐑: What are the most important key components of a contract?

• 14:29 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐅𝐈𝐕𝐄: How important is the earnest money deposit?

• 14:44 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐒𝐈𝐗: How low should you go? As far as the earnest money deposit

• 16:52 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐒𝐄𝐕𝐄𝐍: What clouding the title means?
• 18:04 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐄𝐈𝐆𝐇𝐓: Do we give our earnest deposit directly to the homeowner or to the title company?
• 19:05 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐍𝐈𝐍𝐄 Did your contract have an expiration date or was it indefinitely? How was it set up can you make it indefinitely
• 20:23 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐓𝐄𝐍 What is an earnest deposit?
• 22:09 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐄𝐋𝐄𝐕𝐄𝐍 How do you get funding? Where do we start? What do you do?

• 27:41 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐓𝐖𝐄𝐋𝐕𝐄 If you have a wholesale deal, you thought you're going to wholesale it at first and you realize it's a really good rental and you want it to keep it. Can we go to a traditional bank or an asset bank and actually buy the property instead?

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This podcast is a Live Q&A recording from a real estate investing association. This class is catered to aspiring investors who have closed three or fewer real estate transactions. Michael answers a wide range of questions covering the basics of wholesaling, land lording and fix and flipping, and much more. Michaels purpose of this class is to help new investors find their own investor identity and give them a solid foundation to build on as they grow their real estate businesses.

Listen to the full episode as this episode will help you to find your own investor identity and give them a solid foundation of information and resources to build on as they grow their real estate businesses.

Stay Tuned for Part 2 and learn more...

Enjoy the show!

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Wholesale Guide: The Cliff Note Version: By Michael Del Prete

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