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The Best Ever CRE Show

JF629: How She Negotiated Over $1,000,000 in Concessions for Shortsales

The Best Ever CRE Show

Best Ever CRE

Business, Investing, Entrepreneurship

4.7 • 996 Ratings

🗓️ 23 May 2016

⏱️ 32 minutes

🧾️ Download transcript

Summary

You can call her the Short Sale Queen! She has been able to negotiate over $1 million in short sale concessions, as she was adding value to those that needed out. Hear this episode with a most talented and skilled guest who has helped many people! Best Ever Tweet: Understanding "the numbers" enables you to have patience to endure. Lola Audu Real Estate Background: Real estate broker and educator and one of the first brokers to do short sales aggressively Negotiated over $1M of concessions for her clients on short sales Been in real estate for about 20 years Based in Grand Rapids, Michigan Say to her at laspeaking.com Best Ever book: The Autobiography of George Mueller Listen to all episodes and get a FREE crash course on real estate investing at: http://www.joefairless.com Made Possible Because of Our Best Ever Sponsors: You find the deals. We’ll fund them. Yes, it’s that simple. Fund That Flip is an online lender that provides fast and affordable capital to real estate investors. We make funding your projects easy so you can focus on what you do best…rehabilitating homes. Learn more at http://www.fundthatflip.com/bestever. Subscribe to Joe’s YouTube Channel here to learn multifamily and raising money tips: https://www.youtube.com/channel/UCwTzctSEMu4L0tKN2b_esfg Subscribe in iTunes  and  Stitcher  so you don’t miss an episode!   Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Did you know that within a decade women will hold $30 trillion in investable assets?

0:05.3

Yet somehow only 19% of women reported feeling confident in selecting investments that align

0:11.0

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0:23.7

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0:27.1

It's a transformational experience focused on real estate investing,

0:31.0

business strategies, and self-care tactics, all designed to help women take

0:35.5

control of their financial futures. Gain the knowledge and skills you need to grow

0:40.0

your portfolio and build a sustainable business all while connecting with over 500 women who are playing at the same level.

0:48.0

To learn more and to get your tickets, visit InvestHERCON.com today and use the code 100 best ever to get $100 off your ticket.

0:56.6

That's Invest Her, H-E-R-K-D-K-G-G-G-O-K-G-K-G-O-K-K-O-K-O-K-O-Kom,

1:00.6

Prom best ever to get $100 off your ticket.

1:05.0

For short sales, for instance, and for closures.

1:08.4

If you understand the numbers,

1:09.8

you can pick up some really, really good deals.

1:12.1

But understanding the numbers enables you to

1:14.3

have the patience necessary to stick through to the end. Best ever listeners

1:17.8

wouldn't it be nice to have a 2 million dollar pre-approval line of credit. Just think about that. Isn't that nice?

1:27.0

Wouldn't that be nice? How would that help you get more deals done? Because when you

1:32.3

submit a pre-approval line of credit with your offer on a fix-and-flip house

1:38.7

Do you think it's going to stand out more? I think so and our friends friends at Fun Matt Flip, you know Fun That Flip, Matt Rodack, he's been on the show before many times. He's a friend of mine. He's also the owner of Fun That Flip and they're a sponsor of today's episode.

1:57.0

What they're doing is they're giving a $2 million pre-approval line of credit up to $2 million pre-approval line of credit for

2:05.0

qualified buyers and my gosh in this competitive buying market sellers

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