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Get Creative with Pace Morby
Building Rapport and Sealing the Deal: Insights from Evan Bates
Aug 15, 2024
Evan Bates, a newcomer to the SubTo community, shares his journey from tech recruiter to real estate investor. He discusses his remarkable first deal in Idaho and the creative strategies that helped him overcome challenges like DSCR loans and seller financing. Evan emphasizes the importance of building rapport quickly, drawing parallels between recruiting and real estate. He also highlights the incredible support from the SubTo community and the significance of nurturing relationships over mere transactions in achieving success.
31:54
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Quick takeaways
- Building strong relationships within the real estate community can lead to invaluable insights and collaborative opportunities essential for success.
- Creative financing strategies, such as combining private money lending with seller financing, can effectively navigate unforeseen challenges in real estate deals.
Deep dives
The Power of Networking in Real Estate
Building a network is crucial in the real estate industry, as demonstrated by the podcast's guest, Evan Bates. His success story began with connections made in the Gator program, leading to strategic partnerships that facilitated his first deal in Wallace, Idaho. By maintaining relationships and collaborating with others in the community, such as William Choi, he gained insights and opportunities that helped him navigate the complexities of real estate investing. This illustrates how fostering relationships can lead to fruitful collaborations, ultimately enhancing one's ability to succeed in the competitive real estate market.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode