How to Deal with High Insurance Costs in Real Estate Deals (Open Support Call #6)


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Apr 08 2024 48 mins   1

Welcome back to another edition of our Open Support Calls! You can follow them live on Wednesdays at 1pm CT in our free Investor Creator Community group on Facebook.


Today, we start by sharing the details of an amazing deal we've just closed. We discuss the concept of substitution of collateral in owner finance deals, the state of the current real estate market and how to be effective in both buyer and seller markets. You'll also hear about sub-3 financing, dealing with insurance costs, hiring virtual assistants, direct mail marketing, selling partials, deal structuring and more.


What is Covered:


00:00 - Our most recent real estate deal


01:37 - Substitution of collateral in owner finance deals


06:18 - The evolution of real estate investing strategies


09:39 - Dealing with high insurance costs in real estate deals


11:06 - How to manage offshore virtual assistants


12:30 - The importance of finding work-life balance in real estate investing business


25:09 - Sub-3 financing and deal structuring


27:58 - The challenges of direct mail marketing


28:27 - Selling partials and deal structuring


34:30 - How to negotiate terms with private money lenders



Resources:


Come and join us at The Investor Creator Community on Facebook https://www.facebook.com/groups/3083532848354005


Visit our website at https://investorcreator.com


Investor Creator YouTube Channel https://www.youtube.com/channel/UCdKENCGEgRJZa2rDPVQqQJg


Follow us on TikTok https://www.tiktok.com/@bradsmotherman


Follow us on Instagram https://www.instagram.com/investorcreator/


And if you have any questions, shoot us an email at [email protected]