Real estate expert Clint Coons joins Pace Morby to dive into creative real estate investing strategies. They discuss the art of deal structuring, creative financing, negotiating tips, finding direct seller deals, foreclosures, and expanding real estate education. The episode is packed with insights for investors of all levels.
Deal structuring is crucial, not just price, for favorable terms.
Take action on diverse strategies to succeed in real estate investing.
Loud social media presence can guide and inspire novice investors.
Deep dives
Opportunities in the Real Estate Market
Despite market challenges and the impact of COVID-19, there are ample opportunities in the real estate market, especially with foreclosures picking up post-COVID restrictions being lifted. The speaker highlights the potential in seizing deals where distressed homeowners face foreclosure, short sales, or other challenging situations, presenting avenues for lucrative transactions.
Creative Strategies for Real Estate Investing
The podcast episode delves into creative strategies for real estate investing, emphasizing the power of structuring deals creatively to overcome financial hurdles and secure profitable transactions. Strategies such as leveraging existing mortgages through novation agreements, partnering with sellers in tough equity situations, and utilizing unique financing methods are explored.
Practical Approach to Obtaining Deals
The speaker discusses a hands-on approach to getting real estate deals, outlining a 30-day challenge where they will partner with an individual in a random market with minimal resources to demonstrate how to secure a deal from scratch. The focus is on practical strategies like building contacts with buyers, wholesalers, and utilizing prop stream for locating potential deals.
Community Engagement and Education
The speaker emphasizes community engagement and education by offering a live series where the audience can witness an experienced real estate investor starting from zero in a random market, broadcasting daily efforts and challenges faced in securing deals. This initiative aims to inspire and educate aspiring real estate investors by demonstrating practical steps and problem-solving in an unscripted format.
Resource Sharing and Content Creation
In an effort to share knowledge and resources, the speaker plans to provide a free series documenting a 30-day challenge in a selected market, along with a companion book detailing insights and strategies for starting in real estate investing. The focus is on transparency, authenticity, and learning from real-life scenarios to empower individuals in their journey.
Acknowledgment and Gratitude
The episode concludes with mutual appreciation between the host and the guest, expressing gratitude for the valuable content shared, commitment to community support and education, and recognition of each other's contributions to the real estate investor community. The guest's dedication to offering practical advice and solutions resonates with the audience, fostering a sense of collaboration and empowerment.
Welcome to a new episode of the Get Creative Podcast. In this episode, we give you the blueprint into the world of creative real estate investing with Clint Coons, Esq. Podcast. We share some groundbreaking strategies and reveal some industry secrets in the ever-evolving real estate market. From the power of creative financing to the art of negotiation, this episode is packed with a lot of insights for both new and seasoned investors. Join us as we show you how to navigate seller's markets, tackle foreclosures, and unlock new levels of investment opportunities.
Highlights:
"It's not that I'm even paying more, it's just that my terms are so favorable to me that really the purchase price is insignificant." - Pace on the art of deal structuring.
"Every path actually works as long as you actually apply the teachings and you take action."
"I want to yell so loud and be so loud with my social media that I'm almost going to yell so loud that a five-year version of me five years ago can hear me."
