We just wrapped up our No Flipping Excuses Summit, and the feedback from attendees was incredible.
On the first night, we had a student bring us a deal that needed help with the negotiations.
We did a live call in front of the entire audience to the seller, and things went pretty well.
The owner of record was in a tight spot and needed to sell this property immediately.
We negotiated the property for $60,000 in front of everybody. We could’ve gotten the property for about $5,000 less, but we didn’t want to be greedy as this owner needed the cash to pay off all of her debt.
The contract was signed the next morning at $60,000, and our student partner was beyond thrilled with what she just witnessed.
By the way, this property is worth $200,000 in its current condition. You do the math on the potential profit spread.
Check out the video clip below:
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