Brandon Schwalm, a real estate entrepreneur, shares his journey into distressed real estate, detailing how he transitioned from wholesaling to focusing on deeply distressed properties and probates. He recounts his "craziest deal," involving an exhumation and DNA testing to determine property ownership, which ultimately led to legal complications. Brandon emphasizes the importance of taking action and learning from mistakes, highlighting his strategy of building a strong team and offering incentives like profit-sharing and deal participation. He also touches on the complexities of navigating probate in Florida, securing private money with title insurance on divided interests, and tax planning. The conversation explores the nuances of acquisition, team management, and the emotional aspects of real estate negotiations.
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