Are you in the dark about short sales? You're not alone! But don't worry -we’re here to explain exactly what a short sale is and why it could be a great option for you. So, let's dive in and find out why a short sale could be a smart investment for you!
Dwan Bent-Twyford is America's most sought after real estate investor coach.
She has been featured on more than 50 media outlets in interviews and featured articles. For the past 4 years, Dwan's Podcast has grown in popularity and is now in the top 1000 business podcast globally.
In this episode, Dwan dives into the world of real estate, providing convincing insights into the potential of short sales, as well as the mindset and marketing strategies required to succeed. Tune in to discover the secrets of success that Dwan has to share!
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you will learn from this episode for 27 minutes:
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01:36 - What are short sales in their simplest terms?
03:23 - How do banks get affected by short sales?
04:41 - What do statistics say about the percentage of distressed homeowners behind in their payments
05:19 - What is a forbearance agreement?
07:38 - How to go about purchasing the 'short sale' properties from the bank
08:29 - The wholesale process for these 'short sale' properties
09:41 - Investment strategies for these properties
10:40 - The hard life she had when she started a real estate
12:24 - Creating that fire within to make it no matter what
15:26 - Tips on reenergizing that lost spark sometimes
16:54 - Getting that fear out of the way
17:48 - Understanding the mindset of homeowners
18:50 - What this whole mindset thing about real estate investing really mean
20:13 - Those things people are scared of when it comes to taking action
21:29 - Why are people afraid of success?
23:41 - Marketing strategies that work before and are still working now and emerging ones as well
25:59 - Important thoughts on direct mail
"Short sale is not an exit strategy. To get a bank to take a short sale, you still have to do something with it." - Dwan Bent-Twyford
"It's not going to be all sunshine and roses, and the flowers and deals are flying out of the sky. If you think that, you do not want to work with me, because it's not that way." - Dwan Bent-Twyford
"I'm really big on telling people to go to local RIA, local meetups, and meet other people, because we're all going to have great days, and we're all going to have bad days." - Dwan Bent-Twyford
"Fear of success is like a subconscious deep-rooted fear. Because people don't know what that looks like, or what their life will look like. Because everyone you're around right now is mostly like you and then you're going to break out of the herd over here." - Dwan Bent-Twyford
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