Ep #141 - How To Get Brokers To Bring You Deals - Beau Beery
Lifetime Cash Flow Through Real Estate Investing
Rod Khleif
4.8 • 1.4K Ratings
🗓️ 10 July 2017
⏱️ 42 minutes
🧾️ Download transcript
Summary
Here’s some of what you will learn:
- Due diligence of the acquisition process
- Important things you have to do prior when going to contract.
- Why brokers will help you find the best assets.
- How to get brokers to bring you deals.
- Update your broker every 3-4 weeks
- Show your broker that you have proof of funds.
- Let your broker know if you are interested in the deal they bring you within 72 hours.
- Have an understanding of how your broker will be paid.
- The more you close on deals, the more deals your broker will bring you.
- Never go around a broker directly to the client.
- Don’t re-trade a deal with a seller.
- Don’t give a broker impossible purchase criteria.
- Everything you should ask for when doing your due diligence.
- Anytime you deal with a government official, always reduce the conversation to writing.
- What kind of buying team you should have.
- When you should look for a property manager that already has a lot of properties.
- Connect with me on Facebook at Rod Khleif.
- Text Rod to 41411 or visit RodKhleif.com for a FREE copy of my book, “How to Create Lifetime Cash Flow Through Multifamily Properties.”
Our Guest
You can learn more about Beau Beery at:
www.beautodd.com
Want to build Lifetime Cash Flow from Multifamily Properties?
If you’re committed to creating the life you deserve, we've created the best multifamily training and coaching program on the market. I personally coach you on your path to create the life of your dreams. I will help you CRUSH it in this business! - if you'd like to receive information about our program, text CRUSH to 41411 now.
Recommended Resource
- Looking to invest in a multi-family real estate project? Want to partner with me personally on a deal? To schedule a time for us to talk click on this link:
http://www.meetme.so/RodKhleif2
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Transcript
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| 0:00.0 | Welcome. This is the Lifetime Cash Flow through Real Estate Investing Podcast. |
| 0:06.0 | This is where you learn strategies to help you achieve lifetime financial freedom through real estate investment. |
| 0:12.0 | Your host Rod Cleef, has owned over 2,000 homes in apartments. |
| 0:17.0 | And he brings experts in all aspects of real estate investment and management onto the show. |
| 0:22.0 | Now, here's your host. investment and |
| 0:25.0 | Now here's your host Rod Cleef. |
| 0:27.0 | Welcome to another edition of how to build lifetime cash flow through real estate investing. |
| 0:31.0 | I'm Rod Cleef and I'm thrilled you're here and I know we're |
| 0:34.2 | going to get a ton of value from the gentleman we're interviewing today. His name is |
| 0:37.9 | Bo Beery and he is owner of a commercial real estate brokerage up in Gainesville, Florida, and I've known |
| 0:44.9 | Beau for quite a while now, and I will tell you he adds a ton of incredible |
| 0:48.9 | content to people he's doing business with. I get emails from him regularly. He's co-owner of a 90-plus |
| 0:55.4 | agent award-winning real estate brokerage firm and his specialty is the purchase and sale |
| 1:01.0 | of multifamily assets which is what we talk about on this show so we are going to get a ton of value from him to do it both thanks for being here buddy |
| 1:09.3 | yeah man no problem I'm happy to do this yeah this so this will be lot of fun. Now guys we are going to dig in deep to really the acquisition process, the due diligence, what to review before you go in, I mean what to review once you're in the due |
| 1:25.0 | diligence period and Bo is an expert at all this so we're gonna kind of dig |
| 1:28.9 | deep on this so you know some of this content may not be as fluffy as you like, but it's really important. |
| 1:35.8 | So hang in there with us because if you're serious about this business, this is information you must have. So Bob, before we start, tell us a little bit about your |
| 1:44.6 | background and how you got in the business and a little bit more about you. |
| 1:49.1 | Sure, my first sort of real job, if you will, was worked for Trimyl Crow residential back in the |
| 1:54.7 | late 90s and at least at the time they were one of the largest apartment |
| 1:57.7 | developers in the country and I was just on site manager of a 400 unit apartment community I did the leasing I did the |
... |
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