Joe Crump

Joe Crump

Work with me personally to build your million dollar portfolio.
ZeroDownInvesting.com

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Learn the ins and outs of investing in real estate with no money down and no credit check.

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Пікірлер

  • @antolintaveras7914
    @antolintaveras7914Күн бұрын

    What is the best website to search a tax lien of a property?

  • @joseph4176
    @joseph417615 сағат бұрын

    Look for your local county recorder website. It's usually under a .gov domain. But if you search "{cityname} county property records and liens" you can usually find a website that will give you what you need for no charge.

  • @jamesfrazier4650
    @jamesfrazier46503 күн бұрын

    How does this lease option strategy compare to doing a wraparound? Or is a wrap around even legal to do?

  • @joseph4176
    @joseph41763 күн бұрын

    They are both forms of seller financing. Both are legal. A wraparound can be done multiple ways so I don't use that term very often - I find it confuses people. Instead, I break down the hierarchy of zero down structures as: "Subject To" "Multi-Mortgage" "Land Contract/Contract for Deed" "Assignable Cash Offers (Wholesaling)" and "Lease Options"

  • @Oliviaellerenner
    @Oliviaellerenner9 күн бұрын

    😭

  • @joseph4176
    @joseph41763 күн бұрын

    lol - no need for tears - just some knowledge to fix the problem and a willingness to do the work.

  • @flickr2008
    @flickr200815 күн бұрын

    I have just subscribed.

  • @flickr2008
    @flickr200815 күн бұрын

    Would you be able to provide verbiage on the line item contract or direction? I've had a contracter disappear for a number of weeks leave volnabral. Im not educated, nor do I have a budget for a lawsuit if needed. Many thanks, and God bless. Dan

  • @joseph4176
    @joseph417615 күн бұрын

    We have these contracts in my coursework, but you can usually just put in clear english that if they stop doing the work for a certain amount of time, you only pay them for the line items they have completed so that you can hire another contractor to complete the work they failed to do.

  • @jamesfrazier4650
    @jamesfrazier465017 күн бұрын

    It sounds good I may have missed it but how do you determine if and how much to put money into the rehab of an acquired property.? Is there a process for formula that you use to determine whether or not you want to do it or if it's worth it?

  • @joseph4176
    @joseph417615 күн бұрын

    Every deal is different. You need to back into the number - what is the ARV, how much did you get it for, how much does your financing cost, how much are your sales and holding costs - put in some extra for surprises - there are always surprises. Then look at the profit that is left and decide if you are willing to take all the risks for that amount of money. The more you get the seller to finance, the less risk you have.

  • @investorsrealestate3824
    @investorsrealestate382422 күн бұрын

    the most difficult part is keeping the property listed on craigslist ,, my opinion

  • @virgobee23
    @virgobee2325 күн бұрын

    $1.00 Profit? That math ain't mathing?

  • @joseph4176
    @joseph417624 күн бұрын

    This house has more than doubled in value since then. The rents have continued to go up every year by about 5% (increasing the cash flow), the IRS gave a depreciation deduction every year against other income, the mortgage was paid down substantially during that time. So, a lot more than a $1 profit. Flipping properties can make you a lot of money, but holding properties, THAT is what makes you rich.

  • @Elkmonger
    @Elkmonger26 күн бұрын

    Yes I paid my house off 5 years ago and I've been renting it off the school district ever since.

  • @joseph4176
    @joseph417625 күн бұрын

    lol - Unfortunately, the two certainties of life - death and taxes. We strive in vain to delay the first one and reduce the second.

  • @MoneyMakingStassia
    @MoneyMakingStassiaАй бұрын

    Dude, thanks for this video. I took a course and all the lady said was "check that the property has no liens" with no context so I really appreciate this video. Thank u so much!

  • @imeldainterino7747
    @imeldainterino7747Ай бұрын

    Thank you Joe! I'm glad I found your video because I did inquire similar products to another company and he turned down RE leads call. He said it wasn't considered B2B 😅

  • @heartsoul8342
    @heartsoul8342Ай бұрын

    Perfect advice and 100% true.

  • @shanenolan085
    @shanenolan0852 ай бұрын

    Thank you for the info and another great video, Joe 🏠

  • @themillionaireagent7199
    @themillionaireagent71992 ай бұрын

    Hey Joe . I'm always hoping the best for you! I haven't got back to your last email. It was nice to hear you and your daughter enjoyed the video project together. 🙂

  • @joseph4176
    @joseph41762 ай бұрын

    Thank you! Katie and I had a lot of fun on the last music video we made.

  • @chipsramek3868
    @chipsramek38682 ай бұрын

    Home Owners Associations (HMO )are just another Zion Ponzi Scheme ... like (((THEIR))) Property Taxes.

  • @alwaysenterprise5582
    @alwaysenterprise55823 ай бұрын

    I remember Azam talking about this method 15 years ago! Holy cow!

  • @joseph4176
    @joseph41763 ай бұрын

    Time flies, doesn't it! We've been using these techniques to build million dollar portfolios for our students for decades. We've had some pretty amazing success stories over the years. Check them out here: jr4.co/doneforyou

  • @holasoyalejandro9822
    @holasoyalejandro98223 ай бұрын

    came here because i want to find properties at a tax sale

  • @philliptruong2372
    @philliptruong23723 ай бұрын

    Hi Joe, how long is a lien shown on the deed starting when it is recorded? For example, I do a title search today and it is clear, however, there is a lien it started to be filed last week.

  • @joseph4176
    @joseph417625 күн бұрын

    It depends on the County Recorder's office and how long it takes them to get it recorded and in the public record. But if you go to the county office, they can tell you if anything is pending on that property.

  • @shariefshabazz212
    @shariefshabazz2123 ай бұрын

    Hello! This is my dream

  • @user-ze1sq5lh4g
    @user-ze1sq5lh4g3 ай бұрын

    Can I get on your mailing list Clemon Garner,3401 Main St. MOSS POINT MISSISSIPPI,39563

  • @swaveman9434
    @swaveman94343 ай бұрын

    its crazy to find out about you , i know pace morby is big on subject to but didn’t realize he learned from vets like you that been doing it way before him

  • @joseph4176
    @joseph41763 ай бұрын

    Yes, we've been doing similar things since the 80s - but I learned it from some old guys in Los Angeles who came before me. We all stand on the shoulders of those who come before us. Now I'm one of those old guys - lol - but still doing deals everyday and still having fun with it.

  • @delmontegreenbeans
    @delmontegreenbeans3 ай бұрын

    ✌️✌️❤️❤️🙏🙏

  • @shanenolan085
    @shanenolan0853 ай бұрын

    Soooo true on the first few years being manly interest... banks make soooo much dough from that!

  • @143kyla
    @143kyla4 ай бұрын

    Hi Joe, this is great content! I want to get into RE investing. I hear u referencing to your program. Is this with u specifically & not someone on ur team? I love to get some info from u

  • @joseph4176
    @joseph41764 ай бұрын

    Hi Sam, Yes, I do my own mentoring. I don't hire coaches to do it for me. You can find out more about my mentor program (details and price) at: www.ZeroDownInvesting.com

  • @imeldainterino7747
    @imeldainterino77474 ай бұрын

    My favorite guru! I had been watching you for 8 yrs, then stopped. Im glad i found you here again Joe ❤🎉

  • @joseph4176
    @joseph41764 ай бұрын

    Welcome back!

  • @doubblerr5109
    @doubblerr51094 ай бұрын

    So now use banks? You’ve always said don’t use banks. Are your old strategies no longer working?

  • @joseph4176
    @joseph41764 ай бұрын

    That's a fair question. I've not said nice things about banks in the past. But my focus in those videos has been on 'active' investors. I still feel that way about active investing. I see far too many people invest without knowing what they are doing and taking out bank loans when you are doing that can be a mistake. But 'passive' investing is different. The process I'm talking about in this video is passive investing with skilled assistance and doesn't require you to know very much about real estate to succeed. My zero down techniques have been evergreen for active investors - and we still use them every day. I hope that answers your question.

  • @yeyinoukpossou6276
    @yeyinoukpossou62764 ай бұрын

    Im under contract on a house, and the title company , reviews and find out the mortgage lien what dit you think?

  • @joseph4176
    @joseph41764 ай бұрын

    A mortgage lien will be paid off at transfer usually by the money you pay to the buyer to purchase the property. The title company will confirm that you have clear title and give you title insurance when you close. I've bought property before that had a mortgage higher than my purchase price - when that happens, the seller comes to closing with the balance and pays off the lien.

  • @normidwest1316
    @normidwest13164 ай бұрын

    thank you

  • @anthonyholmes9582
    @anthonyholmes95824 ай бұрын

    Thank you for the information

  • @IrvingDzulD
    @IrvingDzulD4 ай бұрын

    I just discovered your channel and I've been watching your videos. So far, I understand that 100k is needed to work with you but is there a way to get a private investor to work with me asap with less liquity for two auction properties.

  • @joseph4176
    @joseph41764 ай бұрын

    If you have a good deal, investors are a dime a dozen. They are all looking for great deals. So learn how to structure your deals and get control of the property - that way you can assign or sell it to a well funded investor. I have a ton of videos on my channel that teach you how to do all this stuff. Also, my training doesn't require $100k if you are an ACTIVE investor rather than a PASSIVE investor, check out my mentor program at: www.ZeroDownInvesting.com

  • @IrvingDzulD
    @IrvingDzulD4 ай бұрын

    Great information.

  • @joaquinaguirre2976
    @joaquinaguirre29764 ай бұрын

    Thank you for the information.

  • @hashirama6220
    @hashirama62205 ай бұрын

    16 years now , respect 🫡

  • @joseph4176
    @joseph41765 ай бұрын

    Still at it! A good deal older but a lot more experience. Life is good - and this business has been a lot of fun. I hope it never ends.

  • @hashirama6220
    @hashirama62205 ай бұрын

    I hope everything goes well for you ! And thanks for your videos you are a true hustler , sending Love and respect from Algeria😇@@joseph4176

  • @embededfabrication4482
    @embededfabrication44825 ай бұрын

    How do you find IRS liens?

  • @joseph4176
    @joseph41765 ай бұрын

    It will show up the same way - at the county recorder. You can access it online in most areas - or through a title company - or by physically going to the county recorder's office.

  • @nathanielisaiahponce8361
    @nathanielisaiahponce83615 ай бұрын

    Hey Joe! I hope you are doing amazing i’m a subto student in Pade Morbys mentorship, I’m a licensed realtor here in a california but i’m currently working on the creative finance and investment side. I wanted to schedule a call with you but the link didn’t work is there a way to connect with you ?

  • @joseph4176
    @joseph41765 ай бұрын

    Hi Nathaniel, you can call me at 317-598-1220. Thanks! - Joe

  • @reclutingforce7584
    @reclutingforce75845 ай бұрын

    Does the for rent method still work in 2024?

  • @joseph4176
    @joseph41765 ай бұрын

    Yes, we use it everyday.

  • @CashFlowCountry
    @CashFlowCountry5 ай бұрын

    Is there a way to buy your proprietary Lease Option agreement and/or rental agreement?

  • @joseph4176
    @joseph41765 ай бұрын

    Yes, it's included with the automarketer system here: PushButtonAutomarketer.com

  • @nealez1
    @nealez15 ай бұрын

    So GLAD you are still around Joe! I've learned SO much from you years ago!

  • @joseph4176
    @joseph41765 ай бұрын

    Thanks Neal! I'm still kicking - a few years older - maybe a little wiser. But I'm having fun making millionaires - as always.

  • @haimkimiagarov3780
    @haimkimiagarov37805 ай бұрын

    You look legit sir, good luck to you and your students

  • @danny6247
    @danny62475 ай бұрын

    I'm new to this, any advice would help. Thanks for taking the time to make this video.

  • @giftkabambajr1935
    @giftkabambajr19355 ай бұрын

    You have a new subscriber ❤

  • @ryanhawthorne88
    @ryanhawthorne885 ай бұрын

    When is your next buying event?

  • @joseph4176
    @joseph41765 ай бұрын

    Hi Ryan - it's Feb 17, 18, 2024. Let me know if you can make it. I hope you are doing well! - Joe

  • @ryanhawthorne88
    @ryanhawthorne885 ай бұрын

    @@joseph4176 i plan to come.

  • @chrisislas1838
    @chrisislas18386 ай бұрын

    Indeed…have reserves put aside or else you’ll get hit much, much harder and put yourself in debt. Great vid, great nuggets!

  • @joseph4176
    @joseph41766 ай бұрын

    Thanks Chris - I learned this little nugget from painful experience many years ago - lol

  • @kentuckianadreamproperties7896
    @kentuckianadreamproperties78966 ай бұрын

    So as the investor I am paying full retail and getting bank finance with 20% down? It seems your 250/ month fee still has to come out of the 350/month "cash flow" leaving only $100/month?

  • @joseph4176
    @joseph41766 ай бұрын

    Yes, that is correct. If you decide to pay it over time, it takes away from your buy down on the note for 2 years. But, most of our investors pay for it up front as part of their closing cost. Now I can see from your tone that you might be skeptical of this deal structure and investment plan and I understand. But that is because you are coming at it from the mindset of an active real estate investor. Most of our investors are high income earners who don't have the time or inclination to learn all the things you need to know to create and run a real estate portfolio. If you have your own portfolio, let me ask you - do you think your doctor would want to build and run it for you? But on the other hand, if you built it for him, would he make a fortune? I think he might - even if you charged half the profits - which we don't, by the way. I hope that makes sense.

  • @kentuckianadreamproperties7896
    @kentuckianadreamproperties78966 ай бұрын

    Makes sense! You are offering hands-off- "turn-Key" Like we do in some of our MF. You are just using SF as your vehicle. Great Program for avatar as you describe in the video. Much better overall returns than they will get in the stock market.... Secured by Real Estate@@joseph4176

  • @don4941
    @don49416 ай бұрын

    Hey Joe loving the content. Question: why would a seller be willing to rent their home for monthly payments instead? They wanted a lump sum amount but now they are turnin over the deed to their home AND keeping the loan in their name AND the home is still not paid off. Why would they make this trade in exchange for selling their home for a lump sum amount w an agent? Thx

  • @joseph4176
    @joseph41766 ай бұрын

    I think you are talking about two different deal structures - 'Subject To' and 'The For Rent Method' - each of them are a little different and the reasons they make sense for people will be different as well. Each of those methods are designed to solve a different problem for the seller. Usually, 'Sub To' is there to get people out of a property they haven't been able to sell otherwise. "The For Rent Method' is a way to help the seller make a lot more money than if they sold with a realtor. I hope that helps.

  • @aesthetictrades
    @aesthetictrades6 ай бұрын

    SCAMMER

  • @annetterogers5769
    @annetterogers57696 ай бұрын

    Just brilliant !

  • @don4941
    @don49416 ай бұрын

    Joe! just found you and i LOVE your content. would love to book an appointment with you soon as i trust your content, strategy, and results. Youve gained my confidence and look to chat with you soon

  • @joseph4176
    @joseph41766 ай бұрын

    Thanks Don. I'm looking forward to the conversation.

  • 6 ай бұрын

    How taxes works when a lease option is executed?

  • @joseph4176
    @joseph41766 ай бұрын

    When you sell a house and profit, you must pay capital gains on the profit. You can offset or defer this in a couple ways, 1.) Do a 1031 exchange. OR 2.) Buy the property with your self directed IRA. Most lease option buyers will not exercise their option but they will take better care of your property while they are in it because they see it as their property.

  • @adamt7057
    @adamt70576 ай бұрын

    Done for you Legacy portfolio of 4-6 free and clear houses in 9 years! Wow!