How We Bought 60 Houses At $10,000 A Piece - Terrica Smith

Social Proof Podcast

Social Proof Network

Entrepreneurship, Business

5 • 2K Ratings

🗓️ 19 July 2022

⏱️ 3 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

This is a clip from How To Acquire 70+ Properties in Less Than 12 Months - Episode #268 w Terrica Smith

Join Terrica’s PROPERTY CHALLENGE!!!

👇🏾👇🏾👇🏾👇🏾👇🏾👇🏾👇🏾👇🏾👇🏾👇🏾👇🏾

http://www.ThePropertyChallenge.com

Watch the full episode here : https://youtu.be/hVnUx5q7_AA

Terrica Smith has helped so many people change their lives forever as they become OWNERS of land and real estate properties. Known as the “Female Real Estate Guru” she has been a special guest on episodes 204, 209, and 72 and now we share the story of how she has helped David expand his real estate portfolio to more than 25 doors and counting! In this episode we dive into :

The Truth About Real Estate Portfolios: Why most millionaires have real estate as a crucial piece of their overall wealth building plan and why the goal is to have MULTIPLE properties.

Negotiating The Numbers : How to make each deal you seek to close work in your best interest and still have a win-win outcome for both parties.

Creating An Inner Circle Of Equity Investors: Why it is a multi-faceted blessing to welcome people to your table to become investors in your project vs. doing it solo.

Becoming The Artist Of Your Land: How to envision yourself as an owner of land where you call the shots, build from the ground, up, and set in place assets to bless your family for generations to come.

Connect with Terrica: https://www.instagram.com/femalerealestateguru/

Join David’s Morning Meetup

http://www.themorningmeetup.com⁣

** Grab the Podcast EBOOK👇🏾 **

http://www.podcastebook.com

GO SUBSCRIBE to The Brain Picker Podcast on All Streaming Platforms!

Spotify: https://open.spotify.com/show/6GT6VgjBy0zviALR8xkRe1?si=82LcP8siQXGVHb2ibg5axA&nd=1

David on IG http://www.instagram.com/sleepis4suckers

Advertising Inquiries: https://redcircle.com/brands

Privacy & Opt-Out: https://redcircle.com/privacy

Transcript

Click on a timestamp to play from that location

0:00.0	previously on the social proof podcast on 25 units and it all happened so fast it seemed like
0:11.6	three weeks ago you said yeah I got a deal for 60 units and it's not one building with 60 units
0:19.3	it's literally 60 houses or two blocks I mean bricks but days this but days you know she said
0:27.0	similar to text Monday I think we closed Friday yeah like it was like I was not playing I was like
0:33.7	I don't think David ever seen me like in that high D type personality mode like there's a certain point
0:42.8	in real estate where you have to literally be zoned in no distractions no mommy no no not right now
0:55.3	you know no I need no not right now like it's literally that moment and that was one of the
1:00.1	moments where I was like this is so big if we do not if we do not take advantage of it right now
1:07.4	we'll never get another window like this yeah yeah it was aggressive and she's like yeah and I'm
1:13.1	thinking it's gonna be another deal where we just buy it yeah the property was it was a she got
1:20.0	it in the same number but I'm like you're always gonna have she's like you're gonna need about
1:24.0	yeah like 60 yeah but he wanted what a million they wanted a million yeah had an appraisal for
1:30.5	1.9 everything yes and had a buyer at 900,000 at the bank crazy but we saw an agreement first
1:38.8	well what happened was cash is king I'm just saying okay so by the time I found out about the deal
1:46.0	he already had a buyer at the bank but he never signed anything with the bar because he didn't
1:49.6	feel like the bar was gonna be like able to pull it off so then he was like I recorded the whole
1:55.2	conversation like the whole thing of me negotiating with him I'm gonna send it to you but
2:00.9	I was sentenced it's like 20 minutes of it but because I'm trying to have like a happy face like
2:05.7	I'm trying to move my eyebrows and you know I'm trying to get more happy I got a poker face like a
2:09.6	serious face but whatever so anyway so he just was at that 900,000 dollar number and I said look
2:16.2	I give you 600 cash I'll close it this week like A7 you don't I don't need no inspections I don't
2:22.2	need you to do nothing like I'm buying it as this whatever I find that surprised me I'm a buy it
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Social Proof Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Social Proof Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.