Live Q&A - College Student Investor, How to Fund Your First Deal, and Renegotiating Contracts

Investor Cheat Code Podcast with Mike Simmons

Highlights From The Show:

Welcome to this version of the Just Start Real Estate Podcast! I am excited to bring you another replay of my Live Question and Answer sessions. For those people that are unable to join us live, this will provide an opportunity to hear the awesome questions I am fielding about business, taking risks, real estate, and so much more!

This presentation is the live Q&A that I did the week of January 4th and each Thursday we will offer you another chance to take advantage of listening to the answers to our guests’ fabulous and compelling questions! Don’t miss this new episode of the Just Start Real Estate Podcast!

Notable Quotes:

“No, we don’t provide comps when asked. We are not a comps service.”

“They don’t want my comps or repair estimates, because if they are really interested in buying the house, they will run their own.”

“I refuse to do other peoples’ work for them.”

“You have to set the table for a possible price reduction ahead of time.”

“Give me 10 days, and I will come back and give you a very honest answer.”

“It is very hard to go back for a price-reduction conversation if a price reduction was never discussed as a possibility.”

“To me, negotiations are negotiations.”

“I would probably try to be smarter about it.”

“After my first flip, every other one I funded with private money.”

“If I had no private money available, I would find a hard money lender.”

“People have gotten comfortable with working outside of the office since Covid, but at the end of the day, it is your company and if you want them in the office, they need to come to the office.”

“I don’t want to go all Elon Musk on people.”

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More Resources From Mike:

• Level Jumping: How I Grew My Business to Over $1 Million in Profits in 12 Months
• WINNING DIRECT MAIL - How to CRUSH IT with direct mail!
• 7 Figure Investor Video Course - Scale your business to 7 figures. I'll show you how!