JF725: When a Lawsuit Eats Your Profits on a Property #situationsaturday

The Best Ever CRE Show

Best Ever CRE

Business, Investing, Entrepreneurship

4.7 • 996 Ratings

🗓️ 27 August 2016

⏱️ 16 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Today's guest found himself in a sticky situation when he was being sued in a fix and flip project didn't go the way he planned. A storm came and damages racked up. $35,000 would be owed by our guest, but luckily he completed the transaction in a creative way, hear how he did it. Best Ever Tweet: There's a way to protect yourself in every transaction, be sure you do it. Bill Gatten Real Estate Background: – Co founder of Open Door Wealth Management – Author of “Keeping It…” – Based in Las Vegas, Nevada – Say hi at landtrust.net Want an inbox full of online leads? Get a FREE strategy session with Dan Barrett who is the only certified Google partner that exclusively works with real estate investors like us. Go to http://www.adwordsnerds.com strategy to schedule the appointment. 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
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0:23.7	InvestHircon is not just another real estate conference.
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
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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 today to get $100 off your ticket.
1:05.0	The lien on when the property's in a title holding trust, a lien on the property can't be
1:11.6	affected because the person that they're suing doesn't have any
1:15.9	ownership interest in the property and the trustee doesn't have any culpability
1:20.2	in whatever the legal action is.
1:22.2	Best ever listeners before we get into today's episode,
1:24.8	I want to ask you, do you have a strategy right now
1:29.0	where you are getting leads that come into your inbox while you're sleeping.
1:34.0	Do you have a strategy where you are optimized with both Google AdWords and SEO search engine optimization?
1:42.0	If not, then guess what? Today's your lucky day. We've got a free strategy
1:49.1	session just for you and it's with Dan Barrett.
1:53.0	If you recognize his name, he was a guest on episode 565
	...

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