Alareia Master Class

Scott Jelinek joins Brian on the podcast for a third time on the show. Scott recently gave a keynote speech on his slow flip process, and today he does a brief follow-up on the podcast with Brian. They discuss some of the regulations that govern the purchase process, some market trends, and how to decide which properties to buy and how to sell them.   Key Takeaways:   [3:10] Scott has previously presented a keynote on slow flips. They buy houses like a car and sell them like a house; they buy on five-year money and sell them on thirty-year money. [4:40] The average homeowner in America only stays in their house for five to seven years. Scott explains how the buyer takes the burden of ownership, and if they fulfill the terms in the contract they become the owner. If they don't pay, it is an eviction. [7:20] When it comes to Dodd-Frank, you're allowed to do three deals per year per entity. When you sell to investors or as an investment, there are no regulations. It becomes a commercial transaction. [9