EPISODE 186: Many real estate investors think foreclosures are too messy to touch. But this week's guest proves they're actually some of the most profitable deals in real estate. David Randolph has spent 15 years perfecting the art of short sales -  a real estate strategy that's not just about profit but also about helping families in foreclosure. He breaks it all down in a way that's easy to understand, even if you're new to the concept. Short sales, as he explains, aren't just about buying houses for less than they're worth—they're about stepping in to stop foreclosures and negotiating directly with banks to create win-win scenarios.  Beyond the basics, David shares some jaw-dropping success stories (like buying a house for $29,600 and selling it for $275,000!) and his favorite tricks for getting banks to accept lower offers. He even offers a free two-hour workshop to teach you everything you need to know. If you've been curious about adding a powerful new tool to your real estate toolkit, this is the episode for you. Click play and discover the secrets to making short sales your next big win! Key Takeaways: 00:00 - Intro 00:58 - David's background and 15-year journey in real estate 07:43 - David's unique definition of a short sale 10:07 - Strategies to find short sale opportunities 14:24 - Steps to negotiate with banks 21:06 - Expected timeframes for closing deals 24:18 - Leveraging Roth IRAs for tax-free profits 29:03 - Outro    —   If you want to watch the video episode, go to: www.motivatedleads.com/podcast/episode-186-the-short-sale-playbook-that-could-change-your-real-estate-game    —   Get in touch with David Randolph:    👉 David Randolph's Website: The David Randolph 👉 Short Sale Workshop Signup: Text "INTRO" to 636-685-2990   — Go to https://go.ml-leads.com/yt and:   💸 Get high-quality, motivated seller leads 💸 Claim your area 💸 Stop wasting your money 💸 Take your marketing to the next level   —   Follow us on social media:   👉 LinkedIn: https://www.linkedin.com/company/motivated-leads/ 👉 Instagram: https://www.instagram.com/motivated_leads/ 👉 Facebook: https://www.facebook.com/motivatedlead/ 👉 TikTok: https://www.tiktok.com/@motivatedleads   —   Follow the Eat, Sleep, Invest podcast:   💸 YouTube: @MotivatedLeads 💸 Apple Podcasts: https://apple.co/43uYD0p 💸 Spotify: https://open.spotify.com/show/77k7PYSfYOtkws31bYgE2d   —   Eat, Sleep, Invest is a podcast dedicated to real estate investors who want to take their marketing to the next level and generate high-quality seller leads.   This podcast is powered by Motivated Leads: https://go.ml-leads.com/yt   Don't forget to follow so you never miss an episode!

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