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In this video, the hosts discuss three benefits of land contracts, highlighting their own experience with a real estate portfolio of nine units. Co-host Brent Fisher emphasizes that many property owners avoid land contracts because they prefer immediate cash. However, if a property is owned free and clear, the owner can act as the bank, facilitating the sale through direct negotiation instead of traditional financing methods. The discussion illustrates how one party can approach another to negotiate terms for purchasing real estate through a land contract, enabling creative financing solutions.