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11: Transitioning from Rehabs to New Builds W/ Tucker Merrihew

11: Transitioning from Rehabs to New Builds W/ Tucker Merrihew

FromFlipping Junkie Podcast with Danny Johnson


11: Transitioning from Rehabs to New Builds W/ Tucker Merrihew

FromFlipping Junkie Podcast with Danny Johnson

ratings:
Length:
44 minutes
Released:
Dec 7, 2015
Format:
Podcast episode

Description

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.”
Released:
Dec 7, 2015
Format:
Podcast episode

Titles in the series (100)

Flipping Junkie is a podcast for people addicted to flipping houses and real estate investing. Danny and Melissa Johnson started flipping houses over 15 years ago and have chronicled their journey to help house flippers both new and experienced. Subscribe for weekly episodes featuring interviews with people just getting started as well as big name investors like Brandon Turner of Bigger Pockets and Justin Williams from House Flipping HQ. The podcast covers a range of topics like what is working today to find great deals for flipping, how to properly analyze deals for flipping, renting and owner financing, determining repair costs, finding contractors and managing rehab crews, what improvements to make and how to quickly sell your houses for big profits and so much more. Don’t worry, we won’t leave out the serious mistakes that you need to avoid when get starting and growing your real estate investing business. Join Danny Johnson to get the inside scoop on how to get started and how to stay successful to create true financial freedom for yourself and your family.