How To Negotiate A Real Estate Deal | Real Estate Investing

  Рет қаралды 22,168

Chandler David Smith

Chandler David Smith

Күн бұрын

Пікірлер: 77
@PaytonClarkSmith
@PaytonClarkSmith 5 жыл бұрын
I love the idea of going in slow and humble. It seems like that would prevent them from shutting you down early and eventually hearing you out to where you even can build rapport! Love it!
@kylegrimm
@kylegrimm 5 жыл бұрын
I agree!
@ChandlerDavidSmith
@ChandlerDavidSmith 5 жыл бұрын
Thanks!
@hananasor4357
@hananasor4357 5 жыл бұрын
wow!!! I own close to 50 doors and I learnd a lot of useful info on this video. thank you.
@SteveRam
@SteveRam 5 жыл бұрын
Yes! Win-win situations! Solving problems! I actually have had sellers accept my offer over higher offers because I’d offer to help them with not paying for repairs or not moving old furniture, etc. it’s not trying take advantage of them or just trying to hound them to lower the price like so many people mistakenly think but it’s figuring how to help them with their situation while also acquiring a good deal for yourself. Win-win! Great video! Thx for sharing!
@ChandlerDavidSmith
@ChandlerDavidSmith 5 жыл бұрын
Love it!!!!
@Ditronus.
@Ditronus. 5 жыл бұрын
Your video flowed to an ad perfectly: "...now time to get to the fun part, the negotiation..." Masterclass ad: "everything in life is a negotiation..."
@motonationarmy9083
@motonationarmy9083 4 жыл бұрын
I can see you hitting over a million subscribers by next year. Such great advice!
@kashinkoji088
@kashinkoji088 2 жыл бұрын
I appreciate your content. I love how you take your time and explain your information. I’m a new and inspiring real estate investor and is yet to get my first deal. Keep up the awesome job!!’
@tobyk100
@tobyk100 5 жыл бұрын
Amazing advice. I would add that you can negotiate other aspects rather than price. For example, if you are fine with buying the building as-is because you inspected it and it is in good condition. Then you can make a regular contingent offer, and later you can "give up" something and offer as-is.
@saneshsebastian7518
@saneshsebastian7518 4 жыл бұрын
Hi Dav, Thanks for your video, it’s really worth it for me. We did a great deal in Melbourne with $35k off of selling price and $50k median price as well Thanks so much for video
@Top5best
@Top5best 5 жыл бұрын
Great video Chandler!
@ChandlerDavidSmith
@ChandlerDavidSmith 5 жыл бұрын
Thank you!
@silverpod
@silverpod 4 жыл бұрын
Such great, nuanced negotiation feedback. You have a new subscriber!
@sglacf
@sglacf 5 жыл бұрын
Good info, now I'll know what to look for when someone tries to squeeze a deal out my properties.
@ChandlerDavidSmith
@ChandlerDavidSmith 5 жыл бұрын
Haha nice
@kylegrimm
@kylegrimm 5 жыл бұрын
I seriously love your videos
@JamesHollowayYT
@JamesHollowayYT 5 жыл бұрын
Same! I love Chandler! He inspired me to make KZbin videos about real estate as well!
@ChandlerDavidSmith
@ChandlerDavidSmith 5 жыл бұрын
Thank you!
@ChandlerDavidSmith
@ChandlerDavidSmith 5 жыл бұрын
Mean a lot!
@roberttuzzolo119
@roberttuzzolo119 5 жыл бұрын
Chandler going to take over the world. Good stuff.
@ChandlerDavidSmith
@ChandlerDavidSmith 5 жыл бұрын
Thank you!
@madmark30001
@madmark30001 5 жыл бұрын
I love your videos! Really good information, presented really well. One question: Do you have OCD? My wife does and she organizes our books chromatically, just like you. Sometimes I'll switch two just to mess with her.
@ChandlerDavidSmith
@ChandlerDavidSmith 5 жыл бұрын
Haha that’s funny. Maybe a little bit 😜
@kingmessi5961
@kingmessi5961 4 жыл бұрын
Awesome videos Amazing content Thank you for all your vids ! Godspeed!
@johncody-newinvestments5187
@johncody-newinvestments5187 5 жыл бұрын
Long video but I appreciate the knowledge! Thanks.
@ChandlerDavidSmith
@ChandlerDavidSmith 5 жыл бұрын
Thanks, glad you liked it!
@vanly2156
@vanly2156 5 жыл бұрын
Chandler can you do a video about the cash refinance and take that $$$ to buy another property. Is that a good idea or not.? Since I dont have a lot of cash on hand to buy another property.
@JamesHollowayYT
@JamesHollowayYT 5 жыл бұрын
That's a great idea BUT just make sure the payments you are going to make on the cash-out refi (or HELOC) plus the new expenses from the next property, the investment property will still cash flow!
@edward3601
@edward3601 5 жыл бұрын
My experience with a heloc. I had a 4 unit I lived in one of the units. A local credit union let me take a heloc on it 95% of the value since I lived in it. No closing fees just a 5.5 apr. My mouth hit the ground. With a refi you will probably pay 5 to 8 k in fees on a 150 k loan. Think a heloc is best. Plus if I pay it off quick I can use it again.
@JamesHollowayYT
@JamesHollowayYT 5 жыл бұрын
Edward Pope omg that’s amazing! Like you, my jaw just dropped! I’m so happy to hear that success story :)
@vanly2156
@vanly2156 5 жыл бұрын
@@JamesHollowayYT thanks for the advice .
@JamesHollowayYT
@JamesHollowayYT 5 жыл бұрын
Van Ly no problem :)
@hanyk06
@hanyk06 3 жыл бұрын
This was a great video. Thanks!
@KellanJames
@KellanJames 4 жыл бұрын
Negotiation is the best way to get under-market value deals, and use it to BRRRR! It's a lot easier to save $20k on the purchase than it is to earn $20k in strategic renovations - but doing both makes the big money :)
@yevengurt4030
@yevengurt4030 4 жыл бұрын
Awesome video!! Good techniques.
@lebmingling
@lebmingling 5 жыл бұрын
Great advice, coming in a timely manner.
@ChandlerDavidSmith
@ChandlerDavidSmith 5 жыл бұрын
Awesome! Glad to hear it! Thanks for watching
@IzzyEatz
@IzzyEatz 4 жыл бұрын
Chandler what books would you recommend reading to learn more about buying rentals
@mitchpater
@mitchpater 5 жыл бұрын
I wouldn't even mention the cash on cash return .. they dont care what you are making. they care about what they can walk with. If anything prop up the advantages that you bring instead of going to numbers lol. good content tho as usual !
@ChandlerDavidSmith
@ChandlerDavidSmith 5 жыл бұрын
Totally get your point but by telling them how you run your numbers it makes them feel less emotional about their property. Obviously you get into this after creating the relationship of possible
@edward3601
@edward3601 5 жыл бұрын
Never heard of seller paying you at closing. Will have to look into that.
@ChandlerDavidSmith
@ChandlerDavidSmith 5 жыл бұрын
👊🏻
@shujayethossain6554
@shujayethossain6554 4 жыл бұрын
Hey there! So if I make a deal with a seller and after inspection I find some flaws and want the seller to reduce the price, should I tell the seller before the inspection that I may ask to reduce the price if I find flaws ? Thanks
@robertjones6880
@robertjones6880 5 жыл бұрын
i got your spreadsheet. thanks, i like it alot.
@ChandlerDavidSmith
@ChandlerDavidSmith 5 жыл бұрын
Thank you!
@pawelwisniewski6849
@pawelwisniewski6849 5 жыл бұрын
Someone before asked for credit of 62,5k on property we were selling , they took 2,5k as the other items and estimates they provided were out of the blue
@ChandlerDavidSmith
@ChandlerDavidSmith 5 жыл бұрын
Nice
@brad265
@brad265 5 жыл бұрын
"Smash the like button", I feel I've heard that somewhere before...
@JamesHollowayYT
@JamesHollowayYT 5 жыл бұрын
Graham! It makes me smash the like button though!
@MikeKennedyOfficial
@MikeKennedyOfficial 5 жыл бұрын
Pewdiepie.
@ChandlerDavidSmith
@ChandlerDavidSmith 5 жыл бұрын
Every KZbind ever! Haha
@bryanccc4226
@bryanccc4226 5 жыл бұрын
its everywhere in youtube bruh
@Ditronus.
@Ditronus. 5 жыл бұрын
I'd like a video detailing your process of buying a property without a realtor. The paperwork and process involved.
@tawannaurquhart5531
@tawannaurquhart5531 2 ай бұрын
Hello how do I download the Calculator
@ТодорТодоров-п2ь
@ТодорТодоров-п2ь 4 жыл бұрын
Great content! Are you thinking of releasing a course about real estate investing and when? You are already giving A LOT of information for free, but a well structured course would be quite helpful. :)
@lisapeacock400
@lisapeacock400 2 жыл бұрын
I got financed and negotiated the purchase price of my 1st home from $420000 to $380000 now my financial wants us to go down to $330000 in order for me to be able to get my financing approved do you have any ideas how I can get these people to come off another $50000 on this home in this market where real estate is slowing Thanks to the fed's interest hikes
@jacksonwright629
@jacksonwright629 5 жыл бұрын
Need some of your thoughts on LLC ?
@ChandlerDavidSmith
@ChandlerDavidSmith 5 жыл бұрын
What do you mean?
@jacksonwright629
@jacksonwright629 5 жыл бұрын
@@ChandlerDavidSmith I have watch all of your videos and enjoy your straight talk of not trying to sell me anything. Would like to know if you have your rentals in an LLC? And if so your states process, difficulty to do or any other recommendations
@pawelwisniewski6849
@pawelwisniewski6849 5 жыл бұрын
Hey Chandler , what about if the property is neglected and looks like s...t and seller is a jerk ? Just kidding bro ...... you point the potential of it , right ?
@ChandlerDavidSmith
@ChandlerDavidSmith 5 жыл бұрын
Haha yep don the positive 😜
@thestormlakefights
@thestormlakefights 5 жыл бұрын
Make more videos!
@ChandlerDavidSmith
@ChandlerDavidSmith 5 жыл бұрын
Will do!
@Th3120ck
@Th3120ck 4 жыл бұрын
Rapport?
@JTTheDrummer
@JTTheDrummer 5 жыл бұрын
FIRST!
@ChandlerDavidSmith
@ChandlerDavidSmith 5 жыл бұрын
JT McCord killed it!
@ChandlerDavidSmith
@ChandlerDavidSmith 5 жыл бұрын
Joseph Powell haha this killed me 🤣🤣🤣
@hookdup1927
@hookdup1927 5 жыл бұрын
I feel like real estate is too overpriced right now . Prefer to wait for an economic crash .
@RobertMcClellandJr
@RobertMcClellandJr 5 жыл бұрын
Third
@ChandlerDavidSmith
@ChandlerDavidSmith 5 жыл бұрын
Robert McClelland Jr love it!
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