Tim Bell opens a short YouTube lesson on contracts for real estate investing. He emphasizes keeping contracts simple, getting the viewer's full attention, and promises to show specific contract provisions and approaches that will remove most contract-related risk and reduce confusion.
So now we're gonna go over contracts. You can see I've got on a red shirt today. Why? Because I need to get your attention. It's important that you're awake for this one, so do whatever it takes to get awake. If you need to go run around outside, if you need to jump in the swimming pool, if you need to drink a giant venti latte, mocha, whatever thing, or an energy drink, or whatever it takes, you need to get pumped up for this because this is important information. Contracts can be scary, but I'm going to reduce a lot of the scariness, and I'm going to eliminate most, if not all, of your risk in contracts. But you got to pay attention. You got to do what I suggest you do. Okay? All right, so let's talk about contracts. Now, my motto is keep it simple, okay? Especially when it comes to contracts. We can all agree that contracts can be complicated, they can be challenging, and so we need to keep it simple, okay? That way, you will not be confused. We know that a confused mind always says no. And I can't have you saying no to contracts. You got to say yes to contracts because contracts are an important part of your real estate investment business. Without contracts, nothing's going to happen. So I don't want you to be confused. I don't want you to be worried. I don't want you to be anxious about contracts because they are not that bad. And we're going to be very straightforward. Plus, I'm going to show you a couple things you can put in your contract that will eliminate the vast majority of your risk and make them very simple for you.
