REAL REAL ESTATE “2018 couldn’t have started any better. Not only did my wife and I have our first baby, but I was able to close two deals,” Mike recalls. “Both homes were on the market for about the same time (about 60 days) with the holiday season slowing down interest for about a month. Right after New Year’s, my phone wouldn’t stop ringing on both homes! The Smart Real Estate family was there whenever I needed them for any question or issue that came up during both transactions.” “Then, later this year, I closed my third deal. This home ended up having multiple buyers interested, which created a bidding war. We went with the qualified buyer with the highest down payment, which equaled $80,000 over three separate payments in only six months! So we are basically getting all our profit on this home upfront. All of this is so crazy to me, considering the fact that I started with zero real estate experience. This couldn’t have been done without the help of the Smart Real Estate family, who helped build my confidence and made me feel like a seasoned real estate veteran.” If you or someone you know is looking to learn more about making money in the real estate investment business, visit our website at SmartRealEstateCoach.com or call us at 855-667-7336.
TAKE A BREAK
Beans and Greens RIGATONI
RNER
Inspired by Bon Appétit Magazine
INGREDIENTS
• 12 ounces rigatoni pasta • 1 bunch Tuscan kale, rinsed
MY ANSWERS TO FREQUENTLY ASKED QUESTIONS
DIRECTIONS • 1 15-ounce can cannellini (white kidney) beans • 2 tablespoons extra-virgin olive oil, divided • 1/2 teaspoon crushed red pepper flakes • Juice of 1 lemon • Salt, for pasta water and to taste • 2 ounces fresh grated Parmigiano-Reggiano (optional) 1. In a large stock pot, boil 6 quarts of liberally salted water. On another burner, heat a large skillet to medium-low. 2. Add pasta to boiling water and cook for 3 minutes less than the package recommends. 3. While pasta is cooking, add beans, red pepper, and 1 tablespoon of oil to skillet. Cook until lightly browned, about 5 minutes. 4. Add cooked pasta, kale, and 1 cup pasta water to skillet. Toss vigorously as kale cooks, about 4 minutes. 5. Transfer to bowls, top with a squeeze of lemon, sprinkle with cheese or salt, and serve. 3 855-667-7336
necessary, such as painting, carpets, or flooring, you should have the seller take responsibility for those repairs. Another solution is that if you are filling a home with a tenant buyer, they will be taking the home in the condition that it comes in, and therefore, the onus falls on them to take care of any desired restorations. That may seem like a negative, but we show you how to market it as a positive. The bottom line is that you should not be spending your own capital to take care of these repairs. CAN I RENT-TO-OWN TO A BUYER IF I DON’T TECHNICALLY OWN THE HOME? This is a somewhat controversial question that I am always excited to answer for prospective Associates and students alike. You don’t have to own the home, but you do have to control the home,
meaning that you have equitable interest in it. This is interest held by virtue of an equitable title or claimed on equitable grounds, such as the interest held by a trust beneficiary. You can gain this equitable interest by taking the home through a lease purchase contract, for which you will need a written agreement, depending on which state the home resides in. That is the general answer, but by becoming immersed in our Quantum Leap System, you will receive much more information and detail to help you with this complex investment process. I will be providing answers to more commonly asked questions in next month’s Student Corner. If you want more information about the two questions addressed above, feel free to contact our coaches at SmartRealEstateCoach.com.
Made with FlippingBook HTML5