The Dealpen
I'm your host, Avi Rasowsky, and I’m excited to introduce you to this podcast!
This is your backstage pass to hear untold stories from crafty real estate investors. As a former bullpen pitcher, turned real estate investor, I’ll be sharing some of the similarities between sitting in the bullpen, waiting for that high-pressure moment to come into a baseball game, to now, waiting for my chance to dive into complex real estate deals.
But more importantly, we’ll be learning from a wide range of experienced, knowledgeable, and relentless real estate investors who don’t know the meaning of giving up when a deal gets to be challenging.
In The Dealpen, we'll explore some of the most difficult barriers to getting deals done, and how to overcome them with creative methods. We’ll be diving into foreclosures in the bottom of the ninth inning, messy title situations, complex probate issues, financing, and everything in between.
But here's the pitch: real estate and baseball? They're more alike than you think. Both require strategy, teamwork, and learning from others' experiences.
Just like in the bullpen, where teammates might share notes on how to face specific batters in crucial game situations, here in The Dealpen, we'll share insights from investors who are flipping houses, renting out properties, creating owner finance notes, and much more. We’ll also chat with private lenders, attorneys, and other professionals who will help you navigate the wonderful world of off market deals. Because in real estate, something always goes wrong. But with insights from our guests, we'll learn how to tackle those curveballs together.
So, grab those headphones and join me in The Dealpen, and let’s build wealth, one deal at a time!
The Dealpen
Engineering A Portfolio of Owner Finance Notes with Will Cannon
In episode 5 of The Dealpen, Avi Rasowsky interviews Will Cannon, a real estate investor who built his entire portfolio from scratch in just a few years. Will discusses his strategies for analyzing deals, his approach to buying and selling properties, and the unique challenges and successes he has encountered in the mobile home market.
Tune in to gain valuable insights into Will’s investment approach and the importance of understanding your market.
TIMESTAMPS
[00:01:39] Building a portfolio from scratch.
[00:03:34] Starting small business ventures.
[00:08:07] Mindset shift towards real estate.
[00:12:59] Creative financing strategies.
[00:15:29] Owner financing concept explained.
[00:18:46] Minimum profit threshold and filters.
[00:22:47] Dealing with unexpected neighbors.
[00:25:50] Real estate investment strategies.
[00:30:41] Developing mobile home subdivisions.
[00:35:06] Creative Financing in Real Estate.
[00:39:40] Dealing with late payments.
[00:42:59] Longevity of manufactured houses.
[00:46:05] Affordable homeownership challenges.
[00:51:31] Mortgage late opportunities.
[00:53:51] Creating money through real estate.
[00:58:19] Earning trust through credibility borrowing.
[01:00:32] Private money in real estate.
[01:03:20] Dealing with unexpected sewage issues.
[01:08:19] Investing in manufactured homes.
[01:10:59] Creating a profitable real estate portfolio.
[01:14:39] Manufacturing Money Mastermind.
QUOTES
- "I think that I actually have a knowledge discrepancy of what the pricing really is. Because ultimately, the price is whatever someone's willing to pay. It's not what an appraiser says. It's what somebody is willing to sign on and guarantee that they're going to pay." - Will Cannon
- "Well, it makes you realize the value of your word, right? If you're just trading promises, then your promise better be trustworthy." - Avi Rasowsky
- “Know how to buy great deals, know how to understand and look at what a great deal is, and then know how to sell a deal with the most profitable exit." - Will Cannon
SOCIAL MEDIA LINKS
Avi Rasowsky
Instagram: https://www.instagram.com/avirasowsky/
Facebook: https://www.facebook.com/avi.rasowsky
LinkedIn: https://www.linkedin.com/in/avi-rasowsky-b600a18/
Will Cannon
Instagram: https://www.instagram.com/willcannonjr/
Facebook: https://www.facebook.com/will.cannon.11
Join Manufacturing Money Mastermind Facebook Group:
https://www.facebook.com/groups/467304219073777/