Deal Shredders

Join us and Michael Gomez as he talks about short term rentals, team building and how to work your face off!

To keep up with all things Deal Shredders or to hear past and future episodes:

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Get in Touch with Michael:

Visit his website http://Www.michaelgomezbroker.com/

For questions, topic requests, or to be a guest on our show email us at [email protected], we look forward to hearing from you!

In this episode, Grant and Alece from Nashville Area Short Term Rental Association talk about 3 major bills that effect Nashville short terms rentals and how if affects everyone's property values in Davidson county and what we could do about it! 

To keep up with all things Deal Shredders or to hear past and future episodes:

Follow us on Facebook > facebook.com/dealshredders

Like us on Instagram > @dealshredders

Subscribe to our YouTube channel > http://bit.ly/2MTCMLD

Listen to us on Anchor > anchor.fm/dealshredders

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Get in Touch with Grant and Alece:

Grant on Instagram > https://www.instagram.com/grantlandhammond/

Alece on Instagram > https://www.instagram.com/aleceronzino/

Follow NASTRA on facebook > https://www.facebook.com/nastra2016/

For questions, topic requests, or to be a guest on our show email us at [email protected], we look forward to hearing from you!

Deal Shredders LOVED having Luciana in the studio! In this episode Luciana shared with us how she seasoned her apartment and commercial building and raised the CAP rate into its own self-sustaining asset! She also taught us a new acronym TIMMUR. Tune in to hear her story!

­­A Little Advice from Luciana: Offer low, buy low, make your margins work!

Seller carryback financing is basically when a seller acts as the bank or lender and carries a second mortgage on the subject property, which the buyer pays down each month along with their first mortgage.

Owner financing is a transaction in which a property's seller finances the purchase directly with the person or entity buying it, either in whole or in part. This type of arrangement can be advantageous for both seller and buyer because it eliminates the costs of a bank intermediary.

TIMMUR: An acronym Luciana likes to go by before considering taking on a property.

Taxes

Insurance

Management

Maintenance

Utilities

Reserves

To keep up with all things Deal Shredders or to hear past and future episodes:

Follow us on Facebook > facebook.com/dealshredders

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Subscribe to our YouTube channel > http://bit.ly/2MTCMLD

Listen to us on Anchor > anchor.fm/dealshredders

(choose from iTunes, Spotify, Breaker, & Radio Public)

Get in Touch with Luciana:

Kingdom Homes LLC > KingdomH.com

Follow her on Instagram > @KingdomHomesLLC

Email them at > [email protected]

For questions, topic requests, or to be a guest on our show email us at [email protected], we look forward to hearing from you!

--- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

Deal Shredders had a great time hanging out with Brad Smotherman and hearing all about how deal structure is more important than purchase price, how he cares more about equity than monthly cash flow and so much more!

A Little Advice from Brad: Don't deal with bank financing, use private money. Equity first, cash flow second.

Brad's Owner Financing World: I am not interested in your credit score. We look at what your cash situation is. You have to have a strong down payment. We also look if people have a strong cash reserve- are able to keep up with payments. Lastly we make sure they can afford the payment, does the payment makes sense based off income.

Interest Rate Arbitrage is the practice of using favorable interest rate differentials to invest in a higher-yielding currency, and hedging the exchange risk through a forward currency contract

A lien is a notice attached to your property telling the world that a creditor claims you owe it some money. A lien is typically a public record. Liens in real estate are a common way for creditors to collect what they are owed.

To keep up with all things Deal Shredders or to hear past and future episodes:

Follow us on Facebook > facebook.com/dealshredders

Like us on Instagram > @dealshredders

Subscribe to our YouTube channel > http://bit.ly/2MTCMLD

Listen to us on Anchor > anchor.fm/dealshredders

(choose from iTunes, Spotify, Breaker, & Radio Public)

Get in Touch with Brad:

The Investor Creator Community

Follow him on Facebook > facebook.com/thebradsmotherman

Like him on Instagram > @bradsmotherman

Check out his website > http://www.bradsmotherman.com

Listen to his Podcast on iTunes > Investor Creator Podcast

For questions, topic requests, or to be a guest on our show email us at [email protected], we look forward to hearing from you!

--- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

In this episode we break down all the details about Eric's epic down zoning deal that landed him $82,000 richer in just 24 hours, you read that right 24 hours! Along the way Eric drops some knowledge on us and teaches us a few new fancy phrases like double close, transactional funding, and quiet titles! Join us as we analyze the crap out of this amazing deal!

Break down on the down zone: Eric DOWN ZONED it and made it an MUL or an MUN so he could do an overlay build with no setbacks. ­­

A Little Advice from Eric: The #1 person you want on your team is an engineer that will pick up the phone.

Double Close: When one person closes and another person doesn’t a lot of times it means the first person who closes doesn’t have the funds of they didn’t put the financing together.

Transactional Funding: Is short term funding, also known as same-day funds or flash funding, frequently used to finance business transactions such as real estate short sales

Quite Title: An action to quite title is a lawsuit brought in a court having jurisdiction over property disputes, in order to establish a party’s title or real property, or personal property having a title, of against anyone and everyone, and thus “quite” any challenges of claims to the title.

To keep up with all things Deal Shredders or to hear past and future episodes:

Follow us on Facebook > facebook.com/dealshredders

Like us on Instagram > @dealshredders

Subscribe to our YouTube channel > http://bit.ly/2MTCMLD

Listen to us on Anchor > anchor.fm/dealshredders

(choose from iTunes, Spotify, Breaker, & Radio Public)

Get in Touch with Eric:

The Hensley Group at Compass

Follow them on Facebook > @Erichensleyrealtortn

Like him on Instagram > @bigehensley

Email them at > [email protected]

For questions, topic requests, or to be a guest on our show email us at [email protected], we look forward to hearing from you!

--- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app