LIVE Call With A Motivated Seller! | FREE PHONE SCRIPT

Hey guys, Cody Sperber the Clever Investor back again and today we I want to give you something that a lot of you have been asking for, a live recorded phone call with a motivated seller.

This call is with a retired landlord named Xin who had a bad tenant in one of his rental properties. Unfortunately one of his tenants left town in the middle of the night leaving the place a complete wreck. So in this video you're going to be able to listen in on the call!

So as you can see every single call has a life of its own. When i'm on a call with a motivated seller I always like to put multiple offers on the table.

After I got off the phone with Xin I found out that the property was worth around $315,00 to $330,000 fully renovated. Then I decided to head over to the property to see what type of condition it was in. Once I got there I realized that this thing was in terrible shape. It needed a lot of work done to it.

After seeing the condition of the property I gave him two different options.

Option 1: I give him an all cash offer of $240,000 for the property and he goes on his way

Option 2: I give him $270,000 which was closer to what he wanted, BUT I would put $10k down and he would have to carry back the rest of the amount. Essentially becoming my bank. I would amatorize the payment over 30 years at 0% interest but I would balloon the note in 10 years.

That would put my payments at $722 and maybe closer to $900 after hoa and taxes. If I rented the house out for $1900/mo that would net me $1000/mo!

Now if Xin were to have a problem with carrying out the loan for that long or he was stuck on price I could just adjust accordingly. I could increase the sale price a few thousand dollars or I could give him the balloon payment in 7 years instead of 10.

DROP a COMMENT about what you thought about this video & what you wanna see next..until next time..

- Take care, comb your hair..

Cody Sperber, Clever Investor OUT! 😎

👉 Check out my latest course Free House Formula to learn how to get houses for FREE! 🤑
*Yes, Seriously FREE Houses. Learn More Now!

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ABOUT CODY:
Cody Sperber is a real estate investor, cryptocurrency investor, social media influencer, and entrepreneur from Arizona that has successfully flipped over 1000 houses and is currently one of the largest investment educators in the world. He's been featured in Forbes, INC, Entrepreneur, Buzzfeed, and Huffington Post as well as on multiple episodes of Million Dollar Listing Los Angeles.

[franksabatino]

Wow Cody, awesome call- Thanx for doing it love & sharing the experience- priceless, thnx again !

[jdjewellpa]

There are quite a few times I almost threw in the towel on my rentals. Had a model tenant, that got hooked on drugs and became a tweaker. Stopped paying, had to evict. Ripped open every wall, cut all the wiring out to sell for scrap along with the heater, AC, stove, microwave. Literally anything that was metal was stripped out. Recently Covid, came along and even people, that still are working stopped paying me. Being a landlord you really do see and experience the worst in human depravity at times.

[PlatinumBroncoSlay]

Hey Cody I'm Mingo interested in the training flip split opportunity

[tammyalvarado]

I am new and learning...thank you Cody

[baelimajeed]

I'm new and I thank you for your generosity

[delberthaught]

Iam new to this Channel, but truely appreciate all your years experience

[STLpsi]

Hi Cody! Brand new; todays the 1st day if my 30 Day Challenge; joined the fb group; watching a few videos; landed here

[nadirrabah]

Great value great content. Thanks Cody.

[LeyeKWeyeS]

I’m new to the channel and wish that wasn’t the case. I’ll be binging these videos all day.

[glendaly]

Very interesting and valuable example ! Hello

[williespruill]

Hi, my name is willie and I'm new to the program.

[terranceOwens]

Good video Cody interesting definitely creative 👍

[jkfroghouse]

i am learning a lot !!! Thank you, Cody!

[ajhop]

Cody this was a fantastic video!! thanks for sharing and hope you close on it!

[rickycardenas]

Love this video!! I really learned a lot

[lionheartgroup]

That was some bad ass teaching on rentals Cody. You gave me some new ideas on how to get rentals going in my portfolio.

[austincazier]

I’m just getting started thanks for this video Cody !!!!