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Big Fat Real Estate Checks

Ep38: Key Ingredients To Create An Impasse To Build Better Deals - Marco Kozlowski

Big Fat Real Estate Checks

Marco Kozlowski

How To, Education, Realestate, Business, Investing

5 • 957 Ratings

🗓️ 26 November 2020

⏱️ 19 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In buying properties, most of the time, you’ll encounter situations where the seller is unable to lower down prices. Hence, this is the best time to begin with the negotiation process and create the power of an impasse.

Tune in to this episode to learn more of its exciting techniques. It sounds quite complicated but once you master the art, creative strategies come into play to achieve a win-win situation to both parties. It also opens limitless opportunities to get into the property. The objective is not to get to an agreement, but to an impasse to build a better relationship and deals.

WHAT YOU’LL LEARN FROM THIS EPISODE

  • What is an “Impasse”?
  • How important is an impasse?
  • What are some key ingredients to create an impasse?
  • Determining the reasons why the seller sticks to the selling price
  • Understanding the seller’s concerns, needs and wants so you can make a creative deal
  • Asking the right questions at the right time to get to the desired conclusion
  • Keeping the channels of open communications

RESOURCES FROM THIS EPISODE

Click here for the free quick start course "Get Deals By Tuesday" Masterclass.

CONNECT WITH US

Transcript

Click on a timestamp to play from that location

0:00.0

So there's still trust that you are financially capable.

0:04.0

It's their needs don't allow your cash.

0:08.0

And there's an impasse.

0:09.0

So there's a trust there that has to be built.

0:11.0

Welcome to the big fat real estate checks podcast with Marco Kuzlowski,

0:18.0

where we help investors like you get the knowledge and skills you need to replace your J-O-B with passive cash flow for life.

0:27.2

Hey everyone, welcome to another exciting podcast of big fat real estate checks.

0:32.3

I hope you've been enjoying the previous episodes where we've gone

0:36.0

into the philosophies of how to buy assets using none of your own money and how to get great discounts on assets to make you massive wealth and cash flow to

0:46.6

be able to enjoy your life much more by working once and getting paid multiple times on the

0:51.8

same asset.

0:52.6

And I'm joined today with Gabriel Adayish

0:54.9

and Francesco Garutio out of Canada

0:58.0

and I'm also Canadian, but of course I'm in Orlando today.

1:01.9

And we will be discussing the magic of the impasse.

1:04.8

Gabriel set it up last time on the last episode what can be done when cellar says

1:10.7

no this is the absolute lowest I'm willing to go and they understand that we can buy it for a lot less if they go down anymore they will be injured and we know exactly what their next move is going to be.

1:22.0

So there's a series of ingredients that are necessary in order to have the perfect impasse, and that would be those three things.

1:28.6

And of course, if you love these episodes, please, please, I am on my knees, leave us an honorable review.

1:35.5

The more honorable reviews that we have and the more positive things we hear from these

1:41.0

podcasts and the more they are shared the better it is for everyone.

1:45.7

We really want to empower as many people as possible to be financially independent and not have

...

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