Ep68: Why Properties Are Discounted Below Market Value - Marco Kozlowski

Big Fat Real Estate Checks

Marco Kozlowski

How To, Education, Realestate, Business, Investing

5 • 957 Ratings

🗓️ 11 March 2021

⏱️ 31 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

There are several scenarios why people need to sell their properties immediately in exchange for quick cash. It can be divorce, debt, disease, etc. But regardless of the reasons why sellers need to sell their property below market value, buyers should always remember that the goal is to buy cheaper property and not just to take advantage of someone's situation. People should understand that every situation is different and learn how to do business with humanity.

In today's episode, Marco and his co-hosts talk about the reasons why properties are being discounted. This episode will also give an idea of how to find these deals.

WHAT YOU’LL LEARN FROM THIS EPISODE

Consequences of a Heavy Debt for Property Owners
Traditional Process of Getting Public Information in Canada
Reasons Why Property Owners Need to Sell their Property Quickly at a Discounted Price
Divorce as a Way to Deal with High Debt
Buying Properties from People Getting Divorce or with High Debt
Buying Properties from People Moving to Another State for Several Reasons
People Selling Properties due to Sickness or Disease
Dealing and Buying a Property with Respect to Seller’s Situation
Importance of Taking Care of Your Health and Body

RESOURCES FROM THIS EPISODE

Click here for the free quick start course "Get Deals By Tuesday" Masterclass.

CONNECT WITH US

Email: [email protected]

Website: https://marcokozlowski.com

Facebook: https://www.facebook.com/realmarcokozlowski/

Instagram: https://www.instagram.com/marco.kozlowski/

Transcript

Click on a timestamp to play from that location

0:00.0	As people get older or have medical issues, they don't want money anymore, they want to fix their health.
0:05.4	And it's so interesting that we work so hard to puzzle, not take care of ourselves,
0:11.0	and as we get older, we get sick, and all the money in the world can't fix your health.
0:17.2	Welcome to the Big Fat Real Estate Checks Podcast with Marco Kuzlowski,
0:22.5	where we help investors like you get the knowledge and skills you need to replace your J-O-B,
0:28.4	with passive cash flow for life.
0:32.0	Hey Marco here, I really wanted to share with you our earlier podcasts that we created.
0:37.3	Now our mics were not the best, but the content was really strong, and I know you will learn a lot.
0:44.4	We had an absolute blast recording this, and I know you're absolutely going to love it
0:49.1	as much as we love recording it. This extremely content rich information will not only give you
0:55.4	the edge in your real estate investing business, but in everyday life. Enjoy.
1:02.6	Welcome back, and in this episode we're going to discuss how and why properties are discounted.
1:08.3	I can't tell you how many times I discuss with people, our business model,
1:12.4	and their first point of objection is, well, how do you possibly buy fine properties at 30% off,
1:17.5	or 20% off, or 40% off, or even 60% off? No one's ever going to do that. It's impossible.
1:23.5	It's never going to happen, and I chuckle to myself because, of course, it happens all the time.
1:28.1	In fact, if you even Google on your phone and pawn shop, you'll see tons of pawn shops in your
1:33.7	area no matter where you live, and these are people that are in business doing business with people
1:39.3	that need money now in exchange for whatever they have. Most people are in two stages, either they
1:45.6	need cash or they need cash flow. If I'm an investor, I'm looking to buy properties for cash flow.
1:51.2	I'm looking for cash flow. If I have to pay a hitman, $40,000 in the next two days, or I'm dead,
1:58.2	because I owe the guy 40 grand, and I need cash. I don't need cash flow. I don't think the guy's
	...

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