How To Use Money To Defeat Real Estate Laws

How To Use Money To Defeat Real Estate Laws
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About Steve Trang
Steve Trang’s mission is to create 100 Millionaires. Why 100 Millionaires? Steve saw that assisting someone become a millionaire by building their business is a key measurable to helping them fulfill their dreams. People change and update their visions over time, but having the means to achieve them remains a necessity. Thus, creating millionaires means helping people live their dreams.
To further this mission, Steve started the Real Estate Disruptors podcast in 2018 to inspire wholesalers and real estate agents to double their incomes by adding a second leg to their business - working together on investment properties. The podcast has grown to over 100,000 downloads per month and over 3 million KZbin views, with new guests sharing their success stories and imparting advice every week.
As a sales coach, Steve has helped thousands of clients generate millions in sales over the past few years in a variety of industries. His Disruptors Selling System teaches salespeople to ethically work with customers to discover their true needs, then craft a solution that works for the customer.
One of Steve’s favorite quotes is from the great Zig Ziglar: “You can have everything in life you want, if you will just help enough other people get what they want.” He heard this quote when he first got into real estate, and it has stuck with him throughout his entire career. In fact it’s one of the core values Steve lives by.
Steve is also a successful businessman. On top of owning single family rentals, he also owns apartments, co-founded a bank, and is a part-owner in several other businesses.

[@coreythompson1115]

Add an agent to your LLC. Problem solved

[@johnma1280]

What is the issue with just getting a license, and acting as an agent between the seller and buyer? Guarantee a price to the seller and charge the buyer a fee. Its literally the same as wholesaling

[@seymonetko1958]

Finally! Solutions vs fear mongering! I don’t care what laws are passed, I’m figuring it out…if I need a license-- no problem. Fund the deal? Who can help? Let’s get rid of the people who waste our time and work with only those make something happen regardless. .

[@kitewilson]

DIY is risky because of the market's volatility. To succeed in investing, you do not have to figure out who will be the next NVDA. Select dividend aristocrats, premium ETFs, and a reliable advisor. An amazing accomplishment occurred when I converted $180k into $20k in quarterly dividends.

[@LaureCastillo]

When greater market diversification begins to emerge before the end of 2024, investors should, in my opinion, always put their money to work. About $350,000 of my funds are intended to be invested in equities over the upcoming year. In 2025, I want to be millionaires.

[@MattBuysHouse]

We’re noticing a trend toward stricter real estate licensing regulations. Proposed legislation suggests that, to obtain a real estate license, individuals must first gain practical experience by completing one wholesale deal, one property flip, and owning/holding a rental property for at least one year. The reasoning behind this is to ensure that agents have real-world experience before representing retail buyers, as those without this hands-on knowledge are considered a potential risk to retail buyers due to their lack of comprehensive market understanding and real estate math. As a licensed agent, I propose that we introduce a pilot program in Florida to test stricter licensing requirements for real estate professionals. Ive called an emergency meeting with the NAR president.

[@DisruptorsPodcast]

Wow! You have to update us how things go.

[@chrismartin8652]

I may not be understanding this correctly. If i have a deal UC for PP of 50k, 10k potential assignment fee but I'm in SC. So takedown.. I would pay aprox $7100 for funding/costs + split, and walk with $2900. Unless one title issue/buyer side delay comes up, close in 60 and now im down to $2400 gross. Less cost per contract and overhead... I'd make more flipping burgers.

[@johnsudlow5088]

Why would you work at the bottom of available housing? 50k?

[@chrismartin8652]

@johnsudlow5088 To help sellers and make money? Not every property is located in the bay area.

[@WilPOWER10]

80% to the lender or the wholesaler. Who gets the 20%

[@DisruptorsPodcast]

@@WilPOWER10 80% to the guy bringing the deal

[@coreythompson1115]

I do

[@ONCE.Daren.Quebada]

We are currently working on locking in 5 propery portfolio in Jacksonville, FL. We convinced seller to do creative. Can you guys underwrite 100% for the down payment ?

[@kyland2394]

@@ONCE.Daren.Quebadacongrats on the deal. Just a word of advice for you going forward: don’t use phrases like “we convinced the Seller”. That’s one reason wholesaling is frowned upon by the real estate industry peeps who don’t truly understand. Try just saying “the Seller and us agreed on”. It sounds less bullish and less like taking advantage of Grandma and Grandpa and more like there was a negotiation. Please don’t take my suggestion as being critical of you because that’s not the intent