Hi! It’s Lou Brown. With another one of my 101 amazing ways for real estate investors like you to win, close more deals, and accelerate your cash flow. Today’s tip is number 27. Know all the items you can give up on before you proceed. Now let me tell you why that’s so important. Because as you’re going through the home, there’s gonna be certain things that you’re going to see. And if you are going to give up for example, on repairs, then you want to know what the repairs are going to be and it’s good to have a list of things that you can negotiate on, such as, the seller may have an existing loan and you would love to take over that existing loan. That’s one of my favorite ways to buy properties. The seller may have equity and they may be able to do seller financing when you present it to them when you ask them.
And by the way, never do that in the beginning. Always do that at the end. And there are many different things. The condition of the property. The speed at which you take over the property. Then, whether you take it with a tenant in place or not, whether you accept it as is or with repairs, and then it’s a matter of what repairs. So there are many different things that can be negotiated. I want you to make a list. And in your mind, just know that each one of those has its own value. So if a seller asks you for something, then ask them for something. So there’s always an offset. And so as it says, know what you can give up on.
So I hope this has been beneficial to you. I hope you’ve enjoyed this. I hope you can use it and make some money with it. I’d love to share more of my profitable free tips with you. How you can get more? It simply by wherever you’re seeing this. Please like it. Please love it. Comment on it. Subscribe. Share it with your network. I really appreciate that. Thank you so much for watching. And I hope to see you soon. Yeah, baby!
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