Episode Details
Back to EpisodesWIP 1981: The $2M “Dead Owner” Playbook No One Is Talking About (Part 1)
Description
Brent Daniels sits down with the master of massive deals Eugene Latson to uncover the two million dollar dead owner playbook. Eugene breaks down how he transitioned from driving for dollars to sniping massive six figure assignments by targeting tax delinquent properties stuck in complex probate situations.
Eugene reveals his three tier system for finding these hidden gems and explains the powerful assignment of interest strategy that allows you to buy an heir's rights for pennies on the dollar.
If you are willing to do the deep research and genealogy work that other wholesalers avoid, this episode will show you exactly how to start ripping massive deals. Be a part of the TTP training program now.
---------
Show notes:
- (0:00) Beginning of today’s episode
- (1:01) The three main paths in real estate wholesaling and you need to pick just one to master
- (5:32) How Eugene stumbled into his first major probate deal
- (8:13) Not needing an attorney to take a seller from start to finish through a probate process
- (14:41) Breaking down the three tiers of distressed properties
- (18:48) A real life example of tracking down heirs and navigating the courts to save a home from tax foreclosure
- (24:11) How to protect your deals from unethical sellers by utilizing an assignment of interest
- (25:35) The “Food table analogy”
- (29:00) How property inheritance flows when a spouse passes away and leaves children from different bloodlines behind
- (31:44) The exact documents to use to secure your assignment of interest and get paid on the backend
- (37:48) The exact script Eugene uses to shock heirs into action when calling about an impending tax foreclosure
----------
Resources:
- Skip Genie
- DealMachine
- To speak with Brent or one of our other expert coaches call (281) 835-4201 or schedule your free discovery call here to learn about our mentorship programs and become part of the Tribe
Go to Wholesalingincgroup.com to become part of one of the fastest growing Facebook communities in the Wholesaling space.
Get all of your burning Wholesaling questions answered, gain access to JV partnerships, and connect with other "success minded" Rhinos in the community.
It's 100% free to join. The opportunities in this community are endless, what are you waiting for?