Multifamily Investing with Corey "The Big Kahuna" Peterson | 571
Epic Real Estate Investing
Matt Theriault
4.7 • 955 Ratings
🗓️ 21 January 2019
⏱️ 34 minutes
🧾️ Download transcript
Summary
Today, Corey Peterson, a big giant of multifamily investing, is revealing his tips and tricks to developing and maintaining a successful business. Stay with us and learn the secret to raising private money, how ascending interest rates bring about business opportunities, and why it is important to surround yourself with the right people.
Transcript
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| 0:00.0 | From Coast to coast, Epic investors are doing the most. |
| 0:05.0 | It's time for another Epic Field Report. |
| 0:08.0 | Alright, so I'm on the phone with Kevin McCann, REIA Ace Client, |
| 0:12.0 | just posted a deal on our follow-through Friday inside of the private |
| 0:15.9 | Facebook group and I wanted to bring him on to talk about it. So, Kevin, how are you, buddy? |
| 0:20.7 | Good, how are you, man? Very good. So let me read the deal real quickly. |
| 0:26.0 | Purchase agreement signed on a seller finance deal with $30,000 in equity and $600 a month of cash flow. |
| 0:33.2 | So that sounds wonderful. |
| 0:34.8 | How did you find this deal? |
| 0:36.2 | It was through the REIA mailings that we done. |
| 0:40.4 | Okay. |
| 0:41.1 | So through the marketing that we sent out for you. |
| 0:43.0 | Yep. |
| 0:44.0 | Perfect. |
| 0:45.0 | And then someone called in. |
| 0:46.5 | How did that conversation go? |
| 0:48.0 | At first it started, she bought a property in a posse scheme as a rental property. It just turned into a bad deal about two years later. |
| 1:00.0 | Property's been vacant for a year. a lot of problems as a landlord, a out of state landlord. |
| 1:06.1 | So, got it. |
| 1:08.1 | Cool. |
| 1:09.1 | All right, so you proposed the solution and you were able to get seller finance on the deal she was willing to carry back. |
| 1:14.5 | How did that come about? |
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