4.8 • 2.1K Ratings
🗓️ 19 September 2024
⏱️ 113 minutes
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0:00.0 | When you're stuck, right? Like, you can't just rely on the way that things used to work before. |
0:05.7 | And that's what a lot of people do. They just don't want to change. Yeah. Right? Most of the time, we don't like change. |
0:11.5 | You know, the horse and buggy worked for a while until it didn't, right? |
0:14.2 | Until the car came out and then it was like, all right, this is a whole new thing, right? |
0:18.1 | And now this whole world changed. |
0:20.1 | It changes, you know, every few years you have to try to keep up with these different changes. |
0:24.7 | And what's happening right now is regulation. |
0:26.8 | You know, regulation is a big deal. You have to look at what's working and then you have to also look at like. |
0:36.0 | So I'm gonna hop right into it. What's working right now? |
0:38.0 | RBP. |
0:39.0 | What is RBP? |
0:40.0 | So retail buyer program basically allowing us to wholesale to retail buyers |
0:44.4 | the FHA VA USDA loans very similar to like a novation yeah |
0:49.0 | but that's that's really what saved our company from just doing stuff for cash buyers yeah that's that's really what saved our company from just doing stuff for cash buyers yeah |
0:54.1 | that's that's really I think the next level and then of course you know we're doing a lot |
0:58.5 | with takedown funding yeah so I've been telling that to people especially our students and everything for the last man |
1:05.3 | Three four months and I'm like guys if you're not doing innovations yep you are just I don't know how you're gonna stay in business |
1:12.1 | It's true and it also gives you the edge, right? |
1:15.0 | Because now you as a wholesaler don't have to buy stuff at 50, 40, 50, 60 cents on a dollar depending on where you are. |
1:21.0 | You're national right now right? |
1:22.6 | Yeah I mean we do national but I would say half maybe a little more than half is in |
1:27.6 | Vegas. Okay so 50% in Vegas yeah so we do about 25% in Oklahoma where we used to be 100% in Oklahoma, right? |
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