CW 454 – Jason Hartman – Land Contracts For Real Estate Investors

Land contracts are something that a lot of investors have heard of, but maybe don’t fully understand. Jason Hartman invites Meet the Masters speaker, Justin, to join him on the Creating Wealth Show to discuss what land contracts are, how they differ from traditional landlord operating processes and even goes in to what to do if it all goes wrong. He’ll be speaking more in-depth at the Meet the Masters event in January, but here’s a taste of what you can expect.     Key Takeaways 06.10 – Justin provides his personal experience and how he started to get involved with land contracts.  09.50 – Land contracts are there to help out those who can’t buy through conventional financing processes. 14.25 – Because of the distinction between owner and deed holder, tenants with land contracts usually have a different mindset which is far more preferable for landlords. 18.25 – Negotiations are currently happening in an attempt to get around an 85% discount on land contracts.  22.05 – There’s always a risk. Here it is: ‘What if the person doesn’t pay?’ 27.18 – If getting into this side of investment, it’s vital to know your legal rights and know how to work with the attorneys.  34.26 – Don’t get lulled into a sense of security of thinking it’s risk-free, but there are certain options with fewer risks and more chance of success.  37.00 – Know your land contract buyer and their background before agreeing anything.    38.58 – If you haven’t yet registered for Meet the Masters, time and capacity limits are now running short so be sure to take advantage of a great opportunity and register at www.JasonHartman.com