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Real estate deals are often put together with options, such as the option to buy if certain conditions are met. But exactly what are they? And how can they work in your favor to lower your risk in a real estate transaction? That’s what you’ll find out in this interview!
In this episode, my long-time partner and master negotiator, Fred Bates, will answer those questions. Fred and I have done 14 syndications together building homes all over the country. We’ve had projects in Florida, Montana, Nevada, California, and Oregon. And right now, we have another project in Oregon with a much lower risk to the investor thanks to the use of an option. You’ll hear how Fred negotiated that deal and why he’s calling it his best deal ever!
The Oregon project is an exciting deal which is open to accredited investors until sometime next month. It provides a 12.5% preferred return with distributions expected to begin by the end of this year. Investors will also get 25% of the profits. You can find out more about our Ridgewater project in Klamath Falls, Oregon at growdevelopments.com. I’ll also be doing a webinar on this project February 29th, which you can join live or watch as a replay.
Also, please remember to subscribe to this podcast and leave a review!
Thanks for listening! Kathy Fettke