Jul 27, 2017
In this episode, we interview an
amazing individual who has accomplished more than most people would
ever have dreamed of doing. He has bought and sold thousands of
houses.
Walter Wofford out of Jackson, he is someone
who I look up to and learn from. He has a unique way of owner
financing houses where he creates two notes and sell's the first
note.
We go over owner financing the Jackson way in
this podcast as well as talk about AirBnB and what Walter is doing
for big cash flow down town.
He
is also a co-founder of Financial Friends Network together with H.
Quincey Long. Walter and Quincy organize the best cruise networking
events, where you can meet investors just like you doing amazing
deals while connecting with the right people and gain
high-level education and
training.
Walter Wofford 601-594-8300
Financial Friends Network www.financialfriendsnetwork.com
Show Notes:
00:00 – 02:05 Introduction
02:05 – 06:19 Deals in Jackson
06:19 – 08:59 Homeownership Wofford model
08:59 – 13:32 Forming a sale price for a property
- Interest rates
13:32 – 17:17 How to grow and self-direct your IRA?
- Two note model
17:17 – 19:11 Why is good to have someone beside you in the second position?
19:11 – 21:29 Inherited IRA
21:29 – 29:30 AirBnB
- AirBnB property management
- Screening process and rating
29:30 – 31:16 Out of state buyer and property management companies
31:16 – 33:05 Grow your army
33:05 – 39:32 Financial Friends Network
- Networking and events
39:16 – 41:53 Walters contact information