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Episode 186: The Short Sale Playbook That Could Change Your Real Estate Game

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Show Notes

Many real estate investors think foreclosures are too messy to touch. But this week’s guest proves they’re actually some of the most profitable deals in real estate.

David Randolph has spent 15 years perfecting the art of short sales -  a real estate strategy that’s not just about profit but also about helping families in foreclosure.

He breaks it all down in a way that’s easy to understand, even if you’re new to the concept. Short sales, as he explains, aren’t just about buying houses for less than they’re worth—they’re about stepping in to stop foreclosures and negotiating directly with banks to create win-win scenarios. 

Beyond the basics, David shares some jaw-dropping success stories (like buying a house for $29,600 and selling it for $275,000!) and his favorite tricks for getting banks to accept lower offers. He even offers a free two-hour workshop to teach you everything you need to know.

If you’ve been curious about adding a powerful new tool to your real estate toolkit, this is the episode for you.

Click play and discover the secrets to making short sales your next big win!

Key Takeaways:

  • 00:00 - Intro
  • 00:58 - David's background and 15-year journey in real estate
  • 07:43 - David’s unique definition of a short sale
  • 10:07 - Strategies to find short sale opportunities
  • 14:24 - Steps to negotiate with banks
  • 21:06 - Expected timeframes for closing deals
  • 24:18 - Leveraging Roth IRAs for tax-free profits
  • 29:03 - Outro 

Get in touch with David Randolph: 

👉 David Randolph's Website: http://thedavidrandolph.com/

👉 Short Sale Workshop Signup: Text "INTRO" to 636-685-2990

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Eat, Sleep, Invest is a podcast dedicated to real estate investors who want to take their marketing to the next level and generate high-quality seller leads.

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