On this podcast episode, Idris Talib talks about how he went from prison to pretty house profits in 60 days, using creative real estate financing strategies. He also reveals how you can do it too. Check it out!
Timeline:
0:00 Prelude
0:17 Introduction
4:12 About Idris Talib
7:19 How Many Deals Have You Done?
8:33 Does the Business Become Easier Over Time?
9:27 How Did You End Up In Prison?
13:46 How Long Have You Been Home?
14:06 What Were You Able To Accomplish Fresh Out of Prison?
17:15 What Do You Say to People that Don’t Have a Plan?
22:40 What Would You Say to the Person with No Car?
24:06 What is a Pretty House Deal?
25:05 How Old Are These Houses?
26:22 What Types of Properties Are You Looking For?
27:13 How Do You Contact The Property Owners?
29:35 How Do You Lead The Seller Into a Creative Offer?
31:42 What’s Your Favorite Type of Deal to Structure?
32:45 How Do You Get the Seller to Accept Your Offer?
36:56 What Do You Do After You Find a Property?
38:46 How Do You Collect Your Down Payment?
43:50 How to Avoid Putting Down Money?
47:34 How to Contact Idris Talib?
48:16 Recommended Books
49:45 What Are Some Obstacles Investor Might Face?
53:28 Last Words and Closing Comments
