11: Transitioning from Rehabs to New Builds W/ Tucker Merrihew
Flipping Junkie Podcast with Danny Johnson
English - December 07, 2015 20:47 - 44 minutes - 40.4 MB - ★★★★★ - 439 ratingsInvesting Business Education biggerpockets business entrepreneur flipping houseflipping investing passiveincome realestate realestateinvesting rentals Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Tucker owned a mortgage company and switched to investing around 2008-2009.
He wholesales, rehabs and does new construction.
Tucker talks about the transition from rehabbing to adding additions and moving into knock down and new build.
Learn how he determines which strategy he is going to pursue with the deals he gets.
He also tells us how he uses driving for dollars and direct mail to get his deals.
Tucker shares how he deals with the high levels of competition with key tips on how to talk to sellers to improve your chances of getting them to sell to you because they like you more.
Motivated sellers sell at a discount because they want the ease of disposing of a property. They know they are giving up equity in exchange for a quick, hassle-free sale.
“We’re in the business of getting people to exchange equity for ease of transaction.”