A Closer Look at Short Sales with John Culbertson Pt. 2

Oct 4, 2021

This is Part 2 of my conversation with John Culbertson. John helps private investors get their money working with good, safe interest income that will maximize their investment dollars while minimizing their risk. John has designed several attractive programs to work with individual investors. By working with clients directly, John has been able to cut out the "middle man" --- the banks. Why should you be paid only a paltry 1-2% for your hard-earned money when you can earn as much as the banks? John and the company he works for help the community by improving the homes they purchase and building better neighborhoods by helping those who need good, safe housing.

 

Hop right in on this episode and learn more about short sales and how they work. John also talks about unpredictability in the real estate market and why it’s important to be cautious during these times. Listen in! 

 

[00:01 - 16:12] Unpredictability in the Real Estate Market

• Seeing the happiness in sellers after a short sale deal
• John on investors being more cautious nowadays
• Why it’s hard to predict the next situations in real estate
• Why it’s important to be cautious during these times of uncertainty
• Why the stimulus is a ‘band-aid’ solution
• Evictions during the pandemic

 

[16:13 - 21:11] Rising from the Bottom of a Recession

• Why those with cash and lines of credit will do great
• How Donald Trump started at a bottom of a recession
• Timing is everything
• Final thoughts

Tweetable Quotes:

 

“We closed it two months ago, and the seller was overwhelmingly happy and gave me one of the best thank you letters that I've gotten in my career. That's the positive thing. The sellers are happy they get to walk out of their house with their heads held up high [because] they did not go to foreclosure.” - John Culbertson

 

“This is unprecedented, what we're going through. An abundance of caution I think will pay off. If you see a great deal, go for it, but don't be eager to do something right now. Wait and see where the dust settles.” - John Culbertson

 

Connect with John on LinkedIn!

 

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