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Hey, welcome to another exciting series of real estate in a snap.

This series is going to be about the documents that real estate investors need.

I find when speaking to most real estate investors, documents and paperwork is pretty much

everybody's weak points. So let's start talking about the documents real estate investors need

and how to make that your strong point. Because once you've got your documents down,

you are golden. Hey, we'll start in a snap talking about documents.

The assignment of contract, such a great document. I tell you, it was the first one of the first

documents I learned to use was the sales contract in the state of Florida. And then I used to assign

or flip or wholesale houses using the assignment of contract. So this is a great document because

it allows you to take the contract that you have and sell or assign or give it to another investor

for a fee so they can pick up the deal where you left off. So you can get a house on a contract

and say, oh, I'm going to let this rehab rehab the whole deal for 10 grand. They give you 10 grand.

You give them the deal. You see assignment of the contract assigned. Get up, sell the contract

to somebody else who actually closes on the deal in your place. You want to always have an

assignment of contract. So say to snap, today's a deed in a loo. What is a deed in a loo?

Hmm. Well, when I deed houses, subject two, which is a phone, another topic,

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