009: Rentals and Slow Flips
The Ugly Truth About Real Estate Investing · Scott Jelinek
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Show Notes
In today's episode we don't have a guest. Instead, our host, Scott Jelinek, is talking about rentals and slow flips. He explains the slow flip model, and shares invaluable tips and tools for making this business work.
Key Takeaways:
[:44] It seems that the market is booming.
[2:25] Scott recently made $10,000 on an assignment fee, and the investor he assigned the deal to, made more than he was expecting to make.
[4:24] People ask Scott about slow flips all the time.
[4:34] Here's how to submit questions to be answered on future podcast episodes.
[5:12] What is the Great Rental Myth?
[10:28] Scott's 76 properties are not rentals, they are slow flips.
[11:36] How is Scott so successful at selling run-down properties without rehabbing them?
[18:14] Scott uses some important tools so that he can run his business by himself.
[26:50] How do Scott's "tenants" get payments to him?
[28:44] Should you pay off your rentals?
[34:44] For more information, hit us up at masterinvestoracademy.com.
Mentioned in This Episode:
Email: [email protected]