Engineering A Portfolio of Owner Finance Notes with Will Cannon
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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/
17 Episoden