Investor Creator Podcast Brad Smotherman

Welcome back to another edition of our Open Support Calls! You can follow them live on Wednesdays at 1pm CT in our free Investor Creator Community group on Facebook. 
Today, we start by sharing the details of an amazing deal we've just closed. We discuss the concept of substitution of collateral in owner finance deals, the state of the current real estate market and how to be effective in both buyer and seller markets. You'll also hear about sub-3 financing, dealing with insurance costs, hiring virtual assistants, direct mail marketing, selling partials, deal structuring and more. 
What is Covered:
00:00 - Our most recent real estate deal
01:37 - Substitution of collateral in owner finance deals
06:18 - The evolution of real estate investing strategies
09:39 - Dealing with high insurance costs in real estate deals
11:06 - How to manage offshore virtual assistants
12:30 - The importance of finding work-life balance in real estate investing business
25:09 - Sub-3 financing and deal structuring
27:58 - The challenges of direct mail marketing
28:27 - Selling partials and deal structuring
34:30 - How to negotiate terms with private money lenders
 
Resources:
Come and join us at The Investor Creator Community on Facebook https://www.facebook.com/groups/3083532848354005
Visit our website at https://investorcreator.com
Investor Creator YouTube Channel https://www.youtube.com/channel/UCdKENCGEgRJZa2rDPVQqQJg
Follow us on TikTok https://www.tiktok.com/@bradsmotherman
Follow us on Instagram https://www.instagram.com/investorcreator/
And if you have any questions, shoot us an email at support@bradsmotherman.com

Investor Creator Open Support Calls are free to anybody interested in real estate. Every week Brad gives feedback and answer questions about the ongoing deals of the Investor Creator Apprenticeship Group members. They let us in on all the details and possible issues they're running into as they market, source, negotiate and close a deal after deal. 
Open Support Calls are held live on Zoom every Wednesday at 1pm CT. You can find the link in our public Investor Creator Community on Facebook, you can listen back to the calls here on our podcast feed or watch them on YouTube.
 
Here's what we cover:
-The power of cash flow
-How to deal with difficult sellers and uncooperative contractors
-The value of home inspections
-Considering repairs and livability in owner financing
-How to protect yourself from fraud
-Red flags to watch out for in transactions
-Navigating title issues
-The challenges of selling with owner financing
-Pricing houses for owner financing
-Marketing and negotiating terms for subject-to deals 
 
Resources:
-Come and join us at The Investor Creator Community on Facebook https://www.facebook.com/groups/3083532848354005
-Visit our website at https://investorcreator.com
-Investor Creator YouTube Channel https://www.youtube.com/channel/UCdKENCGEgRJZa2rDPVQqQJg
-Follow us on TikTok https://www.tiktok.com/@bradsmotherman
-Follow us on Instagram https://www.instagram.com/investorcreator/
-And if you have any questions, shoot us an email at support@bradsmotherman.com
 

In this episode of Investor Creator's Women in Business series, Casey is joined by Rachel Silvan. Rachel is a member of the IC Scale Program and she is running her real estate investing business together with her spouse, while having three kids and looking to scale the business more.
What is Covered:
- The impact of having a community of other women in business
- How to balance family and business
- The freedom that entrepreneurship gives to families
- Rachel's love for traveling and how it fits into this kinds of business
- Advice for other moms going through scaling a business
- What it's like to work with your spouse
- Rachel's long-term vision and next steps in business
As Rachel says, being a woman in business is a niche pursuit in certain ways, but the ability to choose as an entrepreneur and the benefits of working with your partner makes it all the more worthwhile.
Resources:
-Come and join us at The Investor Creator Community on Facebook https://www.facebook.com/groups/3083532848354005
-Visit our website at https://investorcreator.com
-Follow us on TikTok https://www.tiktok.com/@bradsmotherman
-And if you have any questions, shoot us an email at support@bradsmotherman.com
 

Today, we're going to be talking about frame, social value, and we’re going to answer the question - how do we hold frame with the seller? 
I'm going to offer an actual example, a real live call with Jim, one of our purchase agents, who does an amazing job on this call of holding frame with the seller.
To set the context for what you’re going to hear, whenever we're talking to a seller and negotiating using the Investor Creator framework, we never give a price and we never make an offer. Ever. 
There are three reasons for this: 
- An offer is a commodity to shop
- Type 2 error - the seller’s value that they’re willing to take is lower than what you’re willing to pay
- Not making an offer is the bridge to a good deal structure
So enjoy listening to this call recording, where Jim demonstrates sticking to his values, sticking to the script and never making an offer.
If you have any questions about what we do at Investor Creator, email me at brad@bradsmotherman.com. 
 
Resources:
-Come and join us at The Investor Creator Community on Facebook https://www.facebook.com/groups/3083532848354005
-Visit our website at https://investorcreator.com
-Follow us on TikTok https://www.tiktok.com/@bradsmotherman  

This week Brad is answering again some great questions from the Investor Creator community members and apprentices. You'll hear from the folks who are just closing their first deals, what their numbers are like and how they run their ads. You'll also learn from more experienced investors about their creative deals in various markets, financing options, raising money, doing rehabs - all with the exact breakdown of numbers and Brad's invaluable feedback. So get your notebooks ready and enjoy for the next hour or so! 
Remember that Open Support Calls are held live on Zoom every Wednesday at 1pm CT, and you can find the link in our public Investor Creator Community on Facebook, or you can listen back to the calls here on our podcast feed.
Resources:
-Come and join us at The Investor Creator Community on Facebook https://www.facebook.com/groups/3083532848354005
-Visit our website at https://investorcreator.com
-Follow us on TikTok https://www.tiktok.com/@bradsmotherman
-And if you have any questions, shoot us an email at support@bradsmotherman.com

Today, we're going into the details about lead flow, lead quality, finding deals, marketing and eventually scaling a business.
Remember that Open Support Calls are held live on Zoom every Wednesday at 1pm CT, and you can find the link in our public Investor Creator Community on Facebook. Or you can listen back to the calls here on our podcast feed.
Here are some of the questions we discuss today:
-How do we find pre-forclosure leads?
-What if we do a direct mail piece that looks like a zip letter?
-Creative options to solve difficult deals
-Should we do home inspection and title work at the same time?
-Dealing with arrears in a transaction 
-What holding a title hostage means and how to avoid it
-How much to pay the lender when you’re doing a second lien position
-How to present a loan mod to a seller
Next week we’re going to be talking about scaling ads and how we can create a replicable purchase machine, where we put in marketing dollars and have a predictable and sustainable output. Stay tuned! 
Resources:
-Come and join us at The Investor Creator Community on Facebook https://www.facebook.com/groups/3083532848354005
-Visit our website at https://investorcreator.com
-Follow us on TikTok https://www.tiktok.com/@bradsmotherman
-And if you have any questions, shoot us an email at support@bradsmotherman.com