Episode 54:
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:
- Why you don’t need to risk your personal credit or assets when you purchase real estate
- What the three major options for purchasing real estate without a personal guarantee are
- How you can purchase houses in cash with a loan from a private lender in the “ugly house business”
- How you can take over a property by purchasing its underlying debt, which can be dramatically less than its value
- What it means to middle man a leased purchase, in which no money is needed, and it costs nothing to close
- How you can operate and brand yourself as a real estate investor, without a real estate license
- How you can avoid paying a significant amount of taxes through long-term capital gains and exchanges
- What it means to have a valuable property, and which potential repairs could damage value and equity
- Why home inspections are so incredibly important, even if the property appears to be solid
- Where you can learn more about investing in real estate without having to finance your purchases
Additional resources: