217: Maximizing Deal Profit Size

Rod Wilson from Anchor Loans is with us today to help us thinking like a lender to get the best financing for our deals. This is especially important with the tightening up of lending that has started. Rod says they are continuing to be somewhat aggressive with lending which is great news for real estate investors. In this episode, discover: * How to adjust and navigate through the new lending environment * Ideas on how to get the best financing * How to think like a lender, and underwrite deals accordingly * What most lenders want to hear and see from an investor/borrower

Justin Treadwell has been a part-time real estate investor since 2003. He went full-time in 2020 and now does over 40 deals per year. Listen in to find out what changes his business needed to undergo for him to ramp up to generating more leads and doing more deals from those leads. Justin buys houses so that you can sell your Knoxville, TN house fast at https://ReliantHomeBuyersTN.com

When we waste leads, we lose money...lot's of it! Discover the 5 ways seller leads are wasted by real estate investors and wholesalers on the daily. Be sure to take advantage of the 75% holiday sale for your first month of Forefront CRM. Visit https://forefrontcrm.com/pricing to find out more.

Use coupon code HOLIDAY75 to take advantage of our holiday special for Forefront CRM to get 75% off! Https://forefrontcrm.com/pricing In this episode, Danny discusses the changes happening in his market that are coming to most places. The shift is going from sellers market to buyers market. He covers 3 critical areas of our business that need to be addressed so that we can make our money when we buy houses. He also discusses the special offer for Forefront CRM to help you to ensure these 3 critical phases of your business operations are covered and automated. Check out a demo of Forefront CRM at https://forefrontcrm.com/demo and then use coupon code HOLIDAY75 to get 75% off!

Colin Spivey shares how he's increased his deal flow by improving his response rates using automated follow up.

Danny shares with us how he’s always waited too long to hire. If you are feeling pulled in a thousand different directions and have to be the one to make a thousands decisions every day, you’re going to feel overwhelmed and burned out. You are going to make decisions quickly, without weighing the facts. You’re going to get frustrated. That frustration will likely cause problems because it will come out sideways after being buried for a long time. How do we avoid this? First, we need to realize that we cannot do it all ourselves. We need help. We need to hire people to take some work off our plates.

Brent Daniels from Talk To People (TTP) shares with us his proactive method to getting deals through cold calling. Find out how to overcome hesitation to talk to you as a real estate investor and ALL 6 responses you'll get when making cold calls.

Jason Lavender joins Danny on the podcast to give an update since his last appearance in 2018. Jason has made the transition to delegating tasks to the appropriate people so that he can focus on guiding the business and preparing for any change in the market.

Steve Trang joins Danny to discuss what active listening 2.0 is all about. If you're looking to improve your close ratio, this episode is a must. The insights into how to dig deep into the true reason for selling for each motivated seller is priceless.

Are you wasting time every month, week, and day dealing with symptoms of bigger problems in your real estate investing business? It's time to cut the crap and get to the core of the issue. Knock over the big domino that drops hundreds of small dominos.