Storage Wins EP092: Rob Swanson on Why Creative Deal Structuring Is What's Missing in Your Secret Sauce
Rob Swanson is a second-time return guest on the Flip Empire show. This week, Rob discusses how you can structure your deals in such a way, where you're making not just short term cash flow, but mid- and long-term cash flow. Sometimes it does take a little of out-of-the-box thinking, but your future you will thank you for it!
Key Takeaways:
- Sometimes real estate investors get a little bit blinded towards achieving financial freedom.
- Did you know Rob loves to bake pies? Creative deal structuring is like baking a pie.
- The wholesaler who gets good creative deal structures will not only build short term cash, but also mid- and long-term cash flow.
- How do you build residual income while still wholesaling?
- Rob shares a quick example of how he was able to structure a deal that builds long-term cash flow.
- What is seller financing?
- Alex and Rob do some quick math on how much you'll need to pay a seller.
- When Rob meets with a seller, he will often have two or three different options for them to choose from.
- Basically, Rob makes the seller into a bank. Instead of paying Wells Fargo once a month, the seller gets paid.
- Alex and Rob walk through another scenario. What happens when the seller wants more than initially offered?
- What kind of homeowners are more open to doing deals like this?
- You're leaving so much money on the table, long term, if you're not thinking about structuring your deals in this way.
- Not sure if you quite understood how to setup these deals just yet? Don't worry, you can listen this show again, and sign up to Rob's Freedom Blueprint waiting list.
Mentioned in This Episode:
[Brand New] Simple 3 Step System Get's Motivated Seller Leads In Under 9 Minutes (Step-by-Step)
Rob Swanson's Freedom Blueprint
Episode 14: Rob Swanson — Painting the Bigger Picture for Your Real Estate Business
Tweetables:
"Who in your town has the nicest buildings? The bank."
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