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Big Fat Real Estate Checks

Ep49: Strategies to Minimize Risk When Negotiating To Buy Your 1st PASSIVE INCOME Property - Marco Kozlowski

Big Fat Real Estate Checks

Marco Kozlowski

How To, Education, Realestate, Business, Investing

5957 Ratings

🗓️ 4 January 2021

⏱️ 18 minutes

🧾️ Download transcript

Summary

Real estate investors need contingency plans and multiple exit strategies to protect themselves from the risks. Risk management is crucial in scaling your real estate business. Listen in and learn how to minimize your risk and how to know your exit strategy based on what could go wrong on your investments

WHAT YOU’LL LEARN FROM THIS EPISODE

  • What do you mean by exit plan in real estate?
  • How to buy below wholesale?
  • What are the other ways of buying property?
  • What does ADT means?
  • Always do due diligence
  • Understand the mechanics of how to exit the deal
  • Don't buy a property if you don't know what you're going to do with it, figure it out!

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

You're never buying a property wondering what the hell you're going to do with it.

0:03.1

You need to figure out, am I renting this?

0:05.6

Will the property support the rental of this?

0:09.8

Welcome to the big fat real estate checks Podcast with Marco Kaclowski, where we help investors

0:16.3

like you get the knowledge and skills you need to replace your J-O-B with passive cash flow

0:22.2

for life.

0:23.0

Hey Marco here, I really wanted to share with you our earlier

0:28.0

podcasts that we created.

0:30.0

Now our mics were not the best, but the content was really strong.

0:34.2

And I know you will learn a lot.

0:37.0

We had an absolute blast recording this,

0:39.1

and I know you're absolutely going to love it

0:41.7

as much as we loved recording it.

0:43.4

This extremely content-rich information will not only give you

0:47.8

the edge in your real estate investing business, but in everyday life.

0:51.6

Enjoy.

0:53.0

Welcome back.

0:57.0

In this episode, we're going to be discussing knowing your exits before you begin.

1:01.0

We've already discussed the traps, the trials and tribulations of

1:04.3

falling for what's being advertised by agents and sellers and whenever we're going

1:10.2

into a negotiation we want to minimize our risk and know our exits as we go along in the

1:17.0

negotiation and when we have an agreement and based on what could go wrong, we have an exit plan for that.

...

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