In this week’s edition of Ask Ron, Barbara Cockrell, Alton Jones and Tony Pearl are answering our Gold Club members’ questions regarding: tax liens, deal structuring, title insurance, and trust agreements.
Thanks to Gold Club Members: Ben Grise, Mark Bramble, Camille Davis, and Fernando Diaz for writing in!
Thanks for the info, team!
Alton is a superstar working out in California and I really enjoyed talking with him about his business while at the event.
On Mark’s deal, I would try to negotiate at least down to $1300/mo and then with lease option and $1200 comparable rent he should be able to get $1300 with lease and at least break even.
Remember, that extra cash comes off the purchase price, right? and the term is only 2 years.
Try 194,000 & at least $1300 monthly. Not super sweet though should be doable.
Plus there is always the deal after the deal.
Camille, that’s EXACTLY what we talked about at this event – just like Alton stated, too bad you couldn’t be there!
When it comes to your IRA, don’t personally touch any part of it.
Great answers. Always look forward to the Ask Ron posts. I learn something every time. Mark’s deal seems like it might need a little work though.