Episode 85:
You may know Ron LeGrand as the real estate guy. He’s been at it for 36 years and has bought and sold well over 3000 houses without using his money or credit, and he’s taught hundreds of thousands of people to do the same and still do to this very day. Ron still teaches classes all over America and does live deals with students everywhere he goes.
What you’ll learn about in this episode:
- What has changed in the real estate market since the global pandemic outbreak, and what has stayed the same
- What conflicts of interest may exist for one of Ron’s students who is also a licensed real estate agent, and what disclosures need to be made
- Why a student may be getting few yes responses due to working in areas with very good school districts
- Why it doesn’t matter if you use a local or national title company, and how to convince a homeowner to do a virtual meeting
- How you can use some of the money from the tenant-buyer option fee to pay for the closing costs on a property you’re buying as a “simultaneous closing” on the same day
- Why “staying in the middle” between the seller and the buyer offers many benefits over assigning the contract
- Why the terms “deed” and “title” are interchangeable, with the Canadian term being “title” and the US term being “deed”
- How the down payment assistance program can be applied to a lease-option purchase or owner financing
- What advice Ron has for investors for keeping the right mindset, including staying active in business and pursuing continual training
- How to find a real estate closing attorney, either in your own state or in out-of-state markets
Additional resources: