Mold is Gold!
I want to take a moment to talk about mold. Yes, mold. We have a saying in REI that goes: Mold is Gold. This is true – Mold is Gold – but this is also a double-edged nugget of truth. Mold is gold on the buy side, but mold is a killer on the sell side. Let me explain. Every Real Estate Investor must try to work the price down into deep discount zone when working the buy. Mold is one way to get a home on clearance. What do I mean? Mold is gold if you can use it to leverage the price down. It’s a little tricky, I’ll admit, because mold doesn’t cost that much to remove. Leveraging the price down more than it might cost to clean it up is an easy way to be sure you’ve made your money on the buy side. Now, the sell side is a bit more of a rabid weasel. Mold is not Gold when you’re trying to sell! Let’s say you miss a spot of mold under the sheathing in the attic. The appraiser spots this during closing and the buyer pulls out. Why? Retail buyers are scared of mold! Even if its surface mold in a damp place like Portland, OR. They get squirrely and kill the deal within hours. Done. Dead. Nothing. Here’s the simple truth: Find mold on the buy! Lose mold on the sell! Want more quick tips? Go...
Special Episode: ‘THE DIRTY TRUTH’ E-Book
http://traffic.libsyn.com/realdealzpodcast/The_Dirty_Truth_Special.mp3Podcast: Play in new window | DownloadTucker makes a special announcement about his latest Ebook that he just released. ‘The Dirty Truth: Real Stories From The Real Estate Trenches’ What is real estate investing? Glitz? Glamour? And profits of $10,000 a day from your laptop on a beach? No. No. And, no. Real estate investing requires hard work and dedication. Tucker Merrihew, Host of ‘The Real Dealz Podcast’ and owner of TTM Development Company knows this. How? Located in Portland, Oregon, Tucker has been running his own successful real estate investing company for 10 years. How has he accomplished this? By skipping over foreclosures and MLS listings and marketing directly to homeowners for the best deals! During his tenure, Tucker has seen thousands of homes and witnessed hundreds of odd, ugly situations in homeownership. Did he buy? Maybe. Did he see the inside? Yes. Did he get his hands dirty? Always! This book is a down and dirty wild ride through the Real Estate Investing Trenches. Want to know what REI is really about? Take a look inside! Be careful. It isn’t pretty in here. It’s just The Dirty Truth! The Dirty Truth: Real Stories From The Real Estate Trenches ...
Real Dealz 52: Danny Of The ‘Spokane Project’ – Tell-All Interview!
http://traffic.libsyn.com/realdealzpodcast/Ep_52_Final_MP3.mp3Podcast: Play in new window | DownloadEpisode 52, starts with Tucker sharing what’s going on with his development company as well as the products were developing for Real Estate Investors. He then gives you some brief details about our show sponsor, Iron Bridge Lending and their great programs. In the “Market Recap” segment, Tucker shares his thoughts on his local markets current inventory levels. In the “Deal of the Week” segment Tucker goes into detail about a current short-sale deal he’s working on and how he got it. The main topic segment is our first DFA Interview with Danny O’Bannon of the ‘Spokane Project’. Danny covers the progression of his REI business over the past 9 months. In everyone’s favorite segment, “Direct Mails Greatest Hits”, Tucker shares a message from a guy that threatened to file suit and have Tucker arrested. In the “No BS Zone” segment, he discusses an out of state caller who wanted Tucker to send him wholesale inventory that he would help Tucker sell locally. Tucker then ends the Episode with a funny success quote. We hope you enjoy this episode and please leave us comments and reviews! Episode 52 Segment Notes: Intro/Summary Special Sponsor Segment: Iron Bridge Lending Market Recap: Tuckers thoughts on current local inventory levels Deal of the Week: A current Short-Sale Deal Interview: Danny O’Bannon from the Spokane Project Direct Mails Greatest Hits: A guy calls in threatening to file suite and have Tucker arrested No BS Zone: An out of state wholesaler calls our office Transition Music: Various Instrumentals Ending Music: TI – If It Aint About The Money Iron Bridge Lending – NMLS 854231 – C-FL 603I808 – OML -5106 (503) 225-0300 Iron Bridge Lending Programs Links: The Deal Finders Academy Iron Bridge Lending Real Dealz Podcast iTunes App Real Dealz Podcast on iTunes The Dirty Truth: Real Stories From The Real Estate Trenches Real Estate Investing Secrets By Tucker Merrihew: Volume 1 Real Estate Investing Secrets By Tucker Merrihew: Volume 2 Real Estate Investing Secrets By Tucker Merrihew: Volume 3 Contact Email: Tucker@TheRealDealzPodcast.com Info@TheRealDealzPodcast.com Thank you for listening to our Podcast and please give us a review on iTunes and feel free to leave a comment below. Additionally, if you have any questions or would like Tucker to cover a specific Topic, please let us know and we can cover it in a future episode! Thanks...
Real Dealz 51: What You Need To Know About New Construction
In Episode 51, Tucker walks you through a new construction project we’re currently working on and explains the necessary steps you need to take in order to build new construction. He covers excavation, foundation, design, framing, plumbing, HVAC, and electrical. These are the things you need to know about when working on large scale rehabs or new construction. We hope you enjoy the video and are able to learn something new, that you can apply to your real estate investing business! Iron Bridge Lending – NMLS 854231 – C-FL 603I808 – OML -5106 (503) 225-0300 Iron Bridge Lending Programs Links: The Deal Finders Academy Iron Bridge Lending Real Dealz Podcast iTunes App Real Dealz Podcast on iTunes Real Estate Investing Secrets By Tucker Merrihew: Volume 1 Real Estate Investing Secrets By Tucker Merrihew: Volume 2 Contact Email: Tucker@TheRealDealzPodcast.com Info@TheRealDealzPodcast.com Thank you for listening to our Podcast and please give us a review on iTunes and feel free to leave a comment below. Additionally, if you have any questions or would like Tucker to cover a specific Topic, please let us know and we can cover it in a future episode! Thanks...
Real Dealz 50: The Biggest Opportunity in Wholesaling Right Now!
http://traffic.libsyn.com/realdealzpodcast/Ep_50_Final_MP3.mp3Podcast: Play in new window | DownloadEpisode 50, starts with Tucker sharing what’s going on with his own REI business on the sticks and bricks side as well as some informational products were developing for Real Estate Investors. He then gives you some brief details about our show sponsor, Iron Bridge Lending and their great programs. In the “Market Recap” segment, Tucker goes over the most recent RMLS Market Action Report for his Market and talks about the extremely low inventory numbers were currently experiencing. In the “Deal of the Week” segment Tucker talks about a current deal were working on and how we got it, as well as shares some great tips on your lists and response rates. In everyone’s favorite segment, “Direct Mails Greatest Hits”, Tucker shares a very weird message that he received and shares his thoughts on it. He then transitions into the “Golden Nugget” where he discusses in length the biggest opportunity in wholesaling right now. In the “No BS Zone” segment, he discusses a particular realtor call that Chris had, and gives you a tip on what not to do on the phone. Tucker then ends the Episode with a funny success quote. We hope you enjoy this episode and please leave us comments and reviews! Episode 50 Segment Notes: Intro/Summary Special Sponsor Segment: Iron Bridge Lending Market Recap: Latest RMLS Market Action Report Deal of the Week: A deal were currently working on now and how we got it Direct Mails Greatest Hits: A weird message from Tuckers cell phone Golden Nugget: The biggest opportunity in wholesaling right now! No BS Zone: Another realtor call and what not to do on the phone Transition Music: Various Instrumentals Ending Music: Snap! – The Power Iron Bridge Lending – NMLS 854231 – C-FL 603I808 – OML -5106 (503) 225-0300 Iron Bridge Lending Programs Links: The Deal Finders Academy Iron Bridge Lending Real Dealz Podcast iTunes App Real Dealz Podcast on iTunes Real Estate Investing Secrets By Tucker Merrihew: Volume 1 Real Estate Investing Secrets By Tucker Merrihew: Volume 2 Contact Email: Tucker@TheRealDealzPodcast.com Info@TheRealDealzPodcast.com Thank you for listening to our Podcast and please give us a review on iTunes and feel free to leave a comment below. Additionally, if you have any questions or would like Tucker to cover a specific Topic, please let us know and we can cover it in a future episode! Thanks...
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