Episode 78, The power of the land contract in Flint Michigan with @roe.the.realtor

On this episode of the Millionaire Podcast by Todd Capital we speak with Roeman. Roeman is a real estate agent and soon to be broker with a background in hospitality. Roeman owns 4 rental properties and a three unit commercial property. On this episode you will hear how Roeman and his brother Dre find deals, rehab deals for less than $5,000 and manage multiple properties with little to no money out of their pocket. Key points from the show: The power of the land contract GM Started in Flint Lost a lot of jobs when GM moved overseas Become very creative to get a deal done There are a lot of gems in warzones There are people willing to move into those areas You have to be in tune with the market or at least have someone on the ground that you trust Do you own due diligence on the market not just the property Sometimes cash flow isn’t the play My homes are my kids, they always need something they always want something. When you buy a home on a land contract you can write the terms as you please You can learn anything on youtube Searches for absentee owners Books mentioned: Rich Dad Poor Dad The Art and Science of Respect Roeman can be found on Instagram @roe.the.realtor