Learn how to get 117 motivated sellers calling and how talk to motivated sellers with the Real Estate Investor Daily Training Volume #1". $24.99 FREE DOWNLOAD
On this episode of The James Orr Show you will find:
- To start of the show, James gives an update on the status of the Thursday and Friday episodes of The James Orr Show. He also reminds listeners that you can find the previous fifty episodes of The James Orr Show on iTunes available as a podcast.
- Next, James points newer listeners to the new real estate entrepreneurs resources, which include many articles, videos, and free downloads.
- After the updates and reminders, James reveals the new Affirmation for the Day, and explains why it is so important.
- After the affirmation, James begins to answer listener questions.
- The first question James answers is about deal analysis, and James talks about factors that make deals better or worse. He also discusses vacancy rate, which affects certain aspects of the deal. After discussing the factors that affect deals, he goes over how to price rent, and what to worry about as far as maintenance costs.
- Next, James discusses bird dogging and wholesaling. He talks about meeting with sellers through an agent and doesn’t recommend it.
- James also talks a little bit about the hierarchy of work. Bird Dogging makes less money and needs less work. Wholesaling is more work for more money. And selling houses is the most work for the most money.
- Near the end of the show, James talks about his new folder system with Dropbox, talks about how useful it is, and suggests listeners to use it in their business.
- To end the show James reminds everyone that he will be “starting over” after the 50th episode of The James Orr Show.
If you would like to listen to this episode you may find it below, or, if you would like to listen to other episodes, you may find them on iTunes available as a podcast.
Sponsored by:
Learn how to get 117 motivated sellers calling and how talk to motivated sellers with the Real Estate Investor Daily Training Volume #1". $24.99 FREE DOWNLOAD
Friday’s episode of The James Orr Show contained the following:
- First, James tells listeners that his computers are having some technical difficulties because he is integrating Dropbox in to his business.
- Next, James reminds listeners to join the Private Money Mastermind Group, and talks a bit about what they discuss in the group. James also recommends joining before August 1st, which is when the price goes up from $10/month to $20/month.
- He also recommends newer listeners to look at the new real estate entrepreneurs resources, which include many articles, videos, and free downloads.
- James’ last reminder is for people who are interested in wholesaling or bird dogging. He reminds them that he is looking to buy houses and is willing to pay them for finding deals.
- After all the reminders, James reveals the new Affirmation for the Day. James then discusses the affirmation and compares it to The Daily Checklist, which can be found in James’ book, Real Estate Investing Systems.
- After the affirmation, James answers some questions on short sales, and ways to do short sales.
- In addition to discussing short sales, James answers a couple questions about creative ways to buy houses.
- After the questions, he discusses buying subject to. Specifically he goes over interest on subject to deals and how that affects buying price. To go over this in more depth James discusses an imaginary deal where this situation happens.
- After James goes over the imaginary deals, he answers a few questions to wrap up the show.
If this episode sounds interesting, you can listen to it below, or, you may find up to the previous fifty episodes of the show on iTunes available as a podcast.
Sponsored by:
Learn how to get 117 motivated sellers calling and how talk to motivated sellers with the Real Estate Investor Daily Training Volume #1". $24.99 FREE DOWNLOAD
In this episode of The James Orr Show, you will find the following:
- First, James reminds listeners that you can find Wednesday’s show, which was about subject to and the due on sale clause, at the Learn To Be Rich website. He also reminds listeners that they can find up to the previous fifty episodes of the show available on iTunes as a podcast.
- The next reminder is for newer listeners to check out the resources for new real estate entrepreneurs, which include dozens of articles, videos, and free downloads.
- After the reminders, James reveals the new Affirmation for the Day. James also talks about a deal he had that related to the affirmation.
- James then goes over a listeners deal, and talks about money that will be needed for repairs and other property maintenance costs. James also talks about how much money the listener will make on the deal. In addition, James discusses the ways he could sell the property.
- Next, James explains why a lot of hard money lenders want deals that are around 70 cents on the dollar.
- James also discusses the advantages of buying houses subject to. Some of the advantages he talks about are tax benefits and limited expenses.
- After discussing the advantages of buying subject to, James goes over using a trust to buy properties subject to, and talks about a common misconception of being able to avoid the due on sale clause with a trust.
- Near the end of the show, James answers some listener questions on subject to deals.
- To close the show, James reminds listeners to join the Private Money Mastermind Group.
If you want to listen to this episode of The James Orr Show, you may download it below, or, you may find this, and many other episodes, on iTunes available as a podcast.
Sponsored by:
Learn how to get 117 motivated sellers calling and how talk to motivated sellers with the Real Estate Investor Daily Training Volume #1". $24.99 FREE DOWNLOAD
In this episode of The James Orr Show you will find:
- First, James has a couple of updates. James reminds listeners that they can download episodes of The James Orr Show on the Learn To Be Rich website, or on iTunes available as a podcast.
- He also tells listeners that he is planning on “starting over” after the 50th episode of The James Orr Show. Listen to the show to find out more.
- He also reminds listeners that they can find the very basics of the business in the new real estate entrepreneurs resources, which include lots of articles, videos, and free downloads.
- To kick off the show, James reveals the new Affirmation for the Day.
- During the discussion of the affirmation, James tells listeners interested in structuring deals with subject to and lease options that they must talk to an attorney about it. James recommends finding attorneys that are qualified and know what they are talking about, even if they are more expensive.
- James then talks about ways to find attorneys. He suggests asking active real estate investors if they know any good attorneys, or looking through title companies.
- Also, James talks about how this relates to building a dream team, and brings up the daily checklist from his book, Real Estate Investing Systems.
- Next, James continues the topic of subject to and lease options, with the example of a deal. James also goes over the type of money you can make using subject to.
- Then, James goes over the due on sale clause, and discusses several parts of it. After, James talks about ways to deal with lenders calling the loan due.
- To end the show, James wraps up and reminds everyone to join the Private Money Mastermind Group before the price goes up in August.
If you are interested in this episode, you can download it below, or, you can find other episodes available on iTunes as a podcast.
Sponsored by:
