• The Montana Deal

  • Jan 10 2025
  • Length: 25 mins
  • Podcast

  • Summary

  • How a Google Ad Led to a $120K Joint Venture Deal in Big Sky Country

    In this episode, Clint and Jeremy break down an unconventional partnership deal that came through their Google ads - proving that messy title opportunities can come from unexpected places.

    What started as a simple $20K request evolved into a $60K investment with creative deal structuring, showing how flexibility and proper security measures can turn challenging situations into profitable ventures.


    Key Highlights

    • Property: A-frame house on 8 acres in Montana
    • Investment: $60K total (in multiple draws)
    • Expected Return: $120K
    • Timeline: Multiple months from first contact to final agreement
    • Structure: Pure partnership/joint venture deal

    Deal Breakdown

    1. Initial Contact
      • Lead from Google PPC ads (unexpected out-of-state inquiry)
      • Owner wanted to split property and needed capital
      • Initial purchase offer rejected
    2. Evolution of Deal
      • Owner disappeared for months trying traditional routes
      • Returned after failing with other options
      • Deal structure evolved from purchase to partnership
    3. Unique Challenges
      • Owner had check fraud conviction
      • No traditional financing options
      • Property required lot split
      • Out-of-state complexities
      • Multiple draws needed for various expenses
    4. Security Measures
      • Extensive identity verification
      • Joint venture agreement with deed of trust
      • Purchase option at $250K if default
      • First position for repayment

    Key Takeaways

    • Creative deal structures can solve complex problems
    • Importance of proper security in partnership deals
    • Value of patience in deal evolution
    • How to handle out-of-state opportunities
    • Proper vetting for online leads

    --
    Don't miss us Live for a Free Webinar "Messy Title Deals Masterclass", register here: https://programs.learn.land/ff-registration-page

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