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Real Estate Investing with Coach Carson

#145: A Rejected Offer, Loan Approvals, & Team Building - Coaching Call #2 With Scott Palmer

Real Estate Investing with Coach Carson

Chad Carson

Business, Investing

4.9614 Ratings

🗓️ 21 December 2020

⏱️ 51 minutes

🧾️ Download transcript

Summary

Episode #145 - New real estate investor Scott Palmer returns for Coaching Call #2 with Chad. Listen behind the scenes as they discuss his first offer (a rejection!), his preapproval for financing, a HELOC loan, recruiting real estate team members, and more.

For show notes, please visit coachcarson.com/ep145-coaching-call-2-with-scott-palmer.

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Transcript

Click on a timestamp to play from that location

0:00.0

Aside from these to do, that was the biggest step is I did make an offer.

0:04.9

Great.

0:05.5

Just it was the good part about it was it really made me align what am I comfortable with.

0:13.5

And I really had to go through that whole process.

0:16.8

The downside was they did not accept my operating wing with another one.

0:21.0

But as a learning experience and kind of step one, two, you know, just really putting in the crucible, am I comfortable moving forward?

0:29.9

It really focused at all.

0:42.5

Welcome to the real Estate and Financial Independence Podcast.

0:44.2

My name is Chad Carson.

0:48.6

You can call me coach, and this is a show all about investing in real estate, achieving financial independence, and doing more of what matters.

0:52.3

Thank you for being here today.

0:53.7

Great to have you. The topic of today's

0:55.8

episode is actually a follow-up coaching call, coaching call number two with Scott Palmer. You can go back

1:02.4

to episode number 140 for our first call. And in this episode, we're going to talk about a rejected

1:07.7

offer that he had recently. We're going to talk about some loan approvals that he's been working on, getting the money for his first deal, and then also building a team. So those are the homework or the to-does that in our last coaching call he was going to go work on. So we're going to follow up on those. We're going to follow his progress. We're going to talk about the offer that he put in, what the learning lessons were, what happened, how come it got rejected, what was the deal like? So all the details. And the purpose of this coaching series, if you haven't heard these before, is to give you, let you look over the shoulder of me talking to a real investor who's in the trenches, so to speak, who's actually working on buying a property. Because a lot of the time

1:45.3

we hear podcast after the fact, we hear the success story. And what I thought about with these

1:49.7

coaching series was letting you see the process under the hood of how these things work. And that way

1:55.0

you can then, in your own journey, as a real estate investor, learn the nitty-gritty, the practical

2:00.1

nuts and bolts of how to

2:01.7

implement these steps for yourself. Before we get to that interview with Scott, I want to remind

2:06.9

you that subscribing to the podcast on your favorite podcast player and leaving a review are two

2:12.1

of the best ways you can help me to support the show, to keep it going. And as a way of saying

...

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