On this episode of Real Estate Investing School, our guest, Michael Mutz, shares his experiences and insights as a real estate investor. Michael discusses the importance of caring for the needs of sellers and prioritizing their situations before making a purchase. He also emphasizes the significance of proper inspection, including checking for issues like cloth wiring, termite damage, and plumbing functionality.
Michael shares his strategies for determining the value of houses, calculating offers, and negotiating with sellers. In addition, Michael recounts a fascinating story about a suspicious caller who claimed to own houses but didn't have access to them. He goes into detail about how he uncovered the truth behind the caller's deceitful claims and worked with the sheriff to resolve the situation. Beyond the stories and experiences, Michael also dives into the systems and processes he has created to manage his real estate business. He discusses his use of the CRM tool Monday.com, his checklists for closing deals successfully, and his detailed scope of work for contractors. Michael's systems-minded approach and commitment to continual learning and improvement shine through in his conversation.
Join us as we explore Michael's journey as a real estate investor, from overcoming challenges and dealing with unique situations to developing efficient systems and processes that contribute to his success. Tune in to this episode of Real Estate Investing School to gain valuable insights and inspiration for your own real estate investing endeavors.
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