How To Make A Low Offer On A Distressed Property - LIVE Call Breakdown

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On this video watch me make a low offer on a distressed property and do a live call breakdown!
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Опубликовано:

23 сен 2021

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Комментарии : 179

@mikemccarthy2609 2 года назад

A good rule for sales discovery is close-ended questions are for confirmation, open-ended questions (sentences starting with who, what, where, when, why how) are for conversation.

@Jollofpappi 2 года назад

Watching this made me happy. I lost my dad a few days after I turned 17 and I always wished I learned more from him. I'm 27 now and think about him every day. Anyways, great video! Thank you Jerry for taking the time to teach us!

@donwaun2325 2 года назад

This should definitely be a series. Teaching the kiddo your flipping ways.He is going to be a mini flipping genius under your wing! This is great!

@jesustobias8695 2 года назад

Genius idea 💡

@dr.jasonbaca Год назад

I love that you call him "#3" 😆 We have 4 kids, and we often refer to them as "K1", "K2", "K3", and "K4". You're a great father, Jerry. Trying to be like you one day. Love you bro!

@nickfazzio5277 2 года назад

I got 3 boys - 7,6 & 4. We home school them and I have visions just like this of adding wholesaling, flipping, rentals, property mgt to their homeschool curriculum. I’m planning to pass the vid to my wife this evening. Hopefully she’ll get over you referring to him as #3 in the beginning. Hilarious man. Johnny is gonna be a STUD one day if he chooses to follow in dads footsteps. Side note - thanks for creating this video with the live call, tremendous value here!!!!

@dermaamore1186 2 года назад

Hello Jerry! I love how you call your kids by numbers. Also thank you for being so generous of sharing with us all the gems and mastery of flipping.

@mariom8651 2 года назад

Please dont fleep anything

@mariogutierrez2965 2 года назад

@@mariom8651 mmmmmm fleep so hot

@PqraNoiia Год назад

Honestly impressed with this phone call, sounded like you 2 were friends casually talking

@psgproductions437 2 года назад

Again, Genius man! Thanks Jerry and team! We are getting closer guys, and we cant wait! we wont wait, we will continue to go and get it. A few fails so far, which is a good sign; just a matter of time! 100 attempts, here we come!

@MaliceClip 2 года назад

I missed the watch me wholesale series🥺 thank you Jerry!

@campkeefer 2 года назад

Fresh sub here!!! One of the best cold live exchanges with an agent I’ve ever heard. No labor detected in your rapport building. Very well done! Your homegrown team has a great coach!

@tonydeeds6977 2 года назад

These are my favorites videos when your on the phone with seller's and agents.

@codyrodriguez428 9 месяцев назад

This is awesome, cold calling in my state and very close to me.

@timreicher8782 2 года назад

Jerry not only was that a great how to talk to Realtors..it was also a great dad moment between you two..i wish that was the relationship my dad took with me..loved watching this for real estate coaching as well as real life coaching your son.. your a flippin good dude

@markmodenessi9488 2 года назад

Great video. Just going through similar situation with a real estate agent. Great insight on how to talk to an agent. I really appreciate your explanations and it has helped me navigate conversations with agents who are good to work with and try to build a relationship with them. Thank you Jerry.

@TechOutAdam 2 года назад

I've been following Jerry's work since he's been with Than Merrill like 9-10 years ago. Everytime I hear him on calls it brings back memories of when I started. I love these calls!

@Red_Noize Год назад

Man Jerry I love listening to these they are all in my backyard!

@dorischow1248 2 дня назад

This is a real great tutorial video!

@mviofpr 2 года назад

Good morning!!! Watching you from San Juan Puerto Rico. You’re a Flipping Genius!!

@mviofpr 2 года назад

I am a Prime FlipSter Member. Love it!! Learning and taking Massive action in my life!!! Can’t wait for you to add Puerto Rico to FlipSter or your 100% funding program. 💕💪🏼

@FlippingMastery 2 года назад

Saludos de palmas del mar!

@michaelhokenstad4946 2 года назад

Just dropped out of GVSU to wholesale with my dad, learning a ton from your channel! We’re in metro Detroit as well!

@lukekapala1020 2 года назад

Grand valley?

@micahanderson89 Год назад

How’s it going?

@BAPJR 2 года назад

"Number 3 found this...." LOL I guess when you have 10 kids their names just become numbers .

@gregc4878 2 года назад

Maybe it's to preserve his children's anonymity?

@TheSisUNeed 2 года назад

@@gregc4878 I couldn't agree more.

@enriqueta56 2 года назад

@@gregc4878 yes, that was my first thought of why he didn't disclose his son's name.

@dannyduncansdad8459 2 года назад

@@gregc4878 but he said his sons name later in the video

@gregc4878 2 года назад

@@dannyduncansdad8459 yeah, I commented before I saw that. 😅

@shericebsperspective2631 2 года назад

Psychology! Jerry is a flipping genius! 💯

@jake3518 2 года назад

Hey Jerry, I am 20 years old and have been watching your videos for a couple months now. I really want to wholesale and I’ve seen a lot of your videos about wholesaling from offers to finished. But could you do a video of you from calling the seller to looking at the house in person and the contract they give you to make sure in the contract that it has the right for you to assign the contract to an investor or buyer? I really want to wholesale but still confused on all the contracts that are thrown around during the wholesaling steps haha. Thanks!

@javierespana2807 2 года назад

First, you must know the property neighborhood. Second, you must know how much you will invest in the rehab. Third, you must know the comparable sales

@VeronicaGrimes_tc 11 месяцев назад

@javierespana2807, How are you since your last post? If you ever need help with funding your transactions, feel free to reach out. I would love to help anyway that I can.

@franklinhernandez4856 2 года назад

You make this look so easy and effortless that I want to pick up the phone and start making calls RIGHT NOW! 😎 Jerry, you're a flipping Genius!!

@JimBob-wi3rq 2 года назад

Great video Jerry! Loved seeing the mentor convo with your son!

@quaranknight6973 2 года назад

Need more like this

@bigmamaL 2 года назад

I'm from Detroit. Sometimes I catch familiar streets and names, always wondering if that's where you're talking about... East point, Troy, etc. Cool.

@venuskhokhar1805 2 года назад

Need more like this series, "Teaching My Kid about Wholesaling Real Estate"

@kwakuduahtv Год назад

Thanks for all that you do Jerry 💪🏾

@JustinSmith-ic7xk 2 года назад

Jerry and Pace teaching the next generation!

@lindabuyshouses Год назад

So love this !

@amirabundance8619 2 года назад

that's the minimg of father and son quality time+money 💰 😉

@mviofpr 2 года назад

I am a PR Lic Broker & your #1 FlipSter full time student, 10K Club member and 100% Funding Pilot program. If I can be of any help to you with your idea of wholesale association etc. I’ll be more than bless.

@the365hustle4 2 года назад

Can’t wait to start doing this…love the videos

@financialfreedomflippers700 2 года назад

@jayparlato6108 2 года назад

Do more of these kinds of videos love it

@shannonstiles9838 Год назад

Getting to do this with the kids it’s worth it’s weight in gold

@Ham_on_Rye 2 года назад

For all you mortgage buyers - get a fully underwritten loan commitment from your lender so you can make an offer with a 10 day close (just inspection, appraisal, title needed)..which is almost the same timeframe with a cash buyer

@sergioaguinaga9619 2 года назад

Metro Detroit 210k. Sounds like Ferndale, Dearborn, or St. Claire Shores 👀 jk, good video. I like how you’re training him.

@Ric.Huerta_HMB Год назад

My guy Jerry 🫡🫡.. get how you’re teaching your son at a young age. He will grow to appreciate what he’s worked for. Great parenting 🙏🏽

@Carbon.Detailing 2 года назад

Love these kinds of videos, keep it up you guys 😁

@amazuobi8471 Год назад

My name is Obi I love your videos on RU-vid. You are a great teacher. Love the way you encourage people to do all they can when it comes to Real Estate. Your information are always useful Please get back to me so we discuss more on how to make it a reality thank you

@FlippingMastery Год назад

Check this out My10kcheck.com

@JamesWilson-dj8lh 9 месяцев назад

I love this! .. great job

@the1vacayspot561 2 года назад

Great video and highly informative

@scoobybleu 2 года назад

The apple didn’t fall far from the tree. Flipping Genius 2.0 or should that be #3.0 😁

@FlippingMastery 2 года назад

😂😂😂

@bobw8205 2 года назад

Jerry, you're a Flipping Great Father!

@brettmcguffee8119 2 года назад

Hey Jerry! You’re videos are super informative. I’ve been watching for a while now and finally decided to take the first step and start wholesaling. The problem I keep running into in my market is people are selling there outdated homes for the ARV price and won’t take a low offer. Do you have any advice on how to adjust the price so I can offer more and still make a profit? Thanks!

@Yunyyyy_Live 2 года назад

What market ?

@brettmcguffee8119 2 года назад

@@Yunyyyy_Live north Louisiana

@litaffhali3595 2 года назад

Providing data to show how much work is needed to bring their house to market value, comps, cost of repairs: Also trying to get a sense of what they’re pains points are and helping them that way…(moving costs, storage, paying 1st rent at new place) maybe they’ll more wiggle room with price that way.

@driveneco 2 года назад

Love the mentoring

@litaffhali3595 2 года назад

Bless it Norton! You’re in my market!

@brandonclark8960 11 месяцев назад

This is beautiful

@talawoods25 2 года назад

Maaaaan this was a 20 piece nuggets!!! Thanks Jerry......you're a flipping genius.

@Paokfc93 2 года назад

The selling agent goes from saying it needs purely cosmetic updates to it wont even qualify for FHA???

@cantsilenceme6596 2 года назад

Hey Jerry! Great work my Detroit, neighbor, lol. Hey I've tried to pay for the 10K program and unfortunately it's not letting me. So I'll give it another try on Monday and speak to someone if it's not too late. I really hope it's not.

@FlippingMastery 2 года назад

My team can help Support@flippingmastery.com

@LoveLens_Insights Год назад

I love how you call him number three 😂

@joshlipert7575 2 года назад

Great advice.

@inspirednickd 2 года назад

Jerry your fathering a King, he is gonna do very well.

@nima.shokouhfar 7 месяцев назад

Respect...!!!

@zoflo78 Год назад

Best kind of Homeschooling after teaching about Christ Way to go Jerry and #3 😄

@jkohanbash 2 года назад

Do a video on how to deal with an agent that is representing multiple unrepresented buyers and get the edge when you all have essentially the same value for the property.

@AlanAungst 2 года назад

Great Video!!

@squishyturtle2729 2 года назад

Jerry, new flipster customer . At first login , site is throwing a api error check input . Can’t get passed terms and conditions part . Please please have the tech team look into this I wanna use this amazing software . It’s at the email page for customer reply to and etc . I hope you see this !! Btw great video

@FlippingMastery 2 года назад

My team can help you Support@flippingmastery.com

@squishyturtle2729 2 года назад

@@FlippingMastery thanks you’re the best

@valeriereneecampbell 6 месяцев назад

@flippingmastery I am so confused ! Your instructions were to low ball 50% of the zestimate, yet here, you offered 29k below asking. I have been doing 10-25 offers PER DAY all month and keep getting told that my offer is ridiculous ... too low... an insult etc. WHAT is the correct asking formula. I do look at comps and what is currently for sale around the properties to make sure they are not over pricing before my offer price. ????

@nikkipanda5517 2 года назад

When double dipping who actually buys? I'm trying to understand more about this so I can get stuff moving on my end

@desmondturner2108 2 года назад

If you’re wholesaling how can he represent you if you’re not the cash buyer ?

@aperson7383 2 года назад

Anyone else notice that guy on the phone says “you know” a lot? 😂

@rustinwatson363 Год назад

Hello, I am new to the concept of wholesaling but I love what I am seeing. Where do you find contact numbers to call agents and sellers?...Thank you

@MiguelMartinez-mb3gz 2 года назад

Could you drop a video on how to write out a contract being a wholesaler, I've bin watching you and I feel like I'm getting how to find out what to offer the homeowner and how to find a cash buyer investor to buy my contract I just don't get how to type out the contract and who do I have sign it, just the homeowner or the realtor or both

@mattwestendorf 2 года назад

I wish my dad would have shown me the ways of this skill

@DjRapnytech 2 года назад

So I know you have 10 kids but when you say “Number 3” that kinda hurts me 😂😂😂

@Tburg_1 Год назад

Hey jerry are you still flipping out in Detriot I know the market is pretty crazy at the moment but I have a deal I know a flipper of your criteria would probably be interested, where could I send my deal to you ?

@carolwatkins7965 2 года назад

That what need some to literally right by me walk me through it..

@marquicej4503 2 года назад

Do you need to be a realtor to do real estate wholesaling?

@letsgobrandon7310 2 года назад

No, but taking realtor classes definitely helps.

@justinbrewer3288 2 года назад

I'm confused about the double dip technique. Is this considered duel agency? if so, it's illegal in many states. Am I off with this?

@PapiClipss 2 года назад

Great conversation, you need to do one with just the seller and not having to go through realtors and finding them on like propstream or a service other than zillow

@hassanalvi1582 2 года назад

Jerry what if I'm in the UK and I want to wholesale in USA, how exactly would I contact sellers from redfin and zillow

@tara1440 2 года назад

I watch all your videos and I have question.The person on the ground?(do you have someone in every state,a contractor )to go see the property or are you sending your buyer to the property to check it out ?

@thedrainjunkie5654 3 месяца назад

I live right by that house lol

@thekaylaboykin 2 года назад

Jerry, how does opening escrow work with agents? Will they be willing to close with my title company as a wholesaler rather than their company with the seller ? Also do you pay the EMD to the agents brokerage ? That happened to me and I was really confused

@nicholasharford4982 2 года назад

Part 2??

@sarakui5656 2 года назад

Hi Jerry I live in Salem Oregon....and I know a few houses I know

@AdrianPaneto 2 года назад

So did you get the deal?

@VB-bo5kz 2 года назад

Not many realtor agents will divulge all this information as he did .

@mikehartford4163 2 года назад

Pretty sure it's illegal to reveal the other offers

@VB-bo5kz 2 года назад

@@mikehartford4163 true, but if you are hinting and not giving the exact offer, say it’s above xxx dollars or below or near or in the range xx-xxx , one can get away

@christophermariani3471 2 года назад

Awesome 😎

@lukekangkang1273 2 года назад

I got to get a deal so I can get a chance to talk to Jerry

@AndrewDaniell Год назад

How do we get earnest money? Is it out of pocket?

@FlippingMastery Год назад

I explain on this video - ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-H1THNUWjGiQ.html

@AndrewDaniell Год назад

@@FlippingMastery super informative! Thank you I also want to thank you for always answering my questions. I’ve been learning so much simply by binge watching all your videos

@VeronicaGrimes_tc 11 месяцев назад

@AndrewDaniell, How are you since your last post? I can help walk you through the process. Also if you need help with funding your EMD transactions, I can help with that as well.

@sarakui5656 2 года назад

I would like to Know the forward

@jjrock12 2 года назад

What percentage are you taking in account for appreciation for the market conditions? Is it dependant on each state or is it more an overall national percentage?

@FlippingMastery 2 года назад

I explain here - ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-eDpIGzk_KZw.html

@jjrock12 2 года назад

Awesome , Thank you Jerry!..Tu eres un "flipping" genio...lol couldn't find a correct Spanish word for flipping...but then again we speak spanglish in Puerto Rico. Take care!

@FlippingMastery 2 года назад

@@jjrock12 i say: genio flipiando 😂😂

@peteplayz-norskgaming5723 2 года назад

Locally, always

@charellestewart1270 Год назад

Are you using your actual phone number to make calls?

@austinjackson7250 2 года назад

I wonder if the listing agent can say ya’know one more time

@sunviewlandscaping3321 2 года назад

I have a distressed property its vacant and off market. I can't find the owner . I found numbers but all lead to a dead end and I even found his sister but she passed away unfortunately. Any other tips you can give me to finding where is the owner?

@letsgobrandon7310 2 года назад

Look up the address on the county records, it will tell you who is on the deed. The owner is public knowledge. If it’s a business then you can then look up the owners of the business

@tylerguthrie2206 2 года назад

Bro tell me what you did to your hair? Did you have implants or did you have hair graph or is it just glued on or what

@FlippingMastery 2 года назад

Vitamins bro! 😂

@jae1757 2 года назад

How long do you wait to get your wholesale wire from the title company?

@FlippingMastery 2 года назад

Same day as the closing

@jae1757 2 года назад

How long does a wholesale deal to close?

@babycapp867 2 года назад

I'm 16 too and getting started!

@babycapp867 2 года назад

Hey Jerry do cash buyers buy houses all over the US or only in the location they're in ? ex, i have a house under contract in Ohio and i have a buyer in ND if my deal is a good deal will he buy it or will he pass because it's in a different state then where he's located. Thanks

@RicardoFigueroa 2 года назад

Why the agent is going to get paid when it’s a wholesale transaction.

@georgeross6304 2 года назад

Jerry, the sound quality seems a little bit off in this video...

@FlippingMastery 2 года назад

Sorry, recorded on an iphone

@Tylerdurdenx7 11 месяцев назад

bro how do you have 10 kids lol

@austinleady9500 2 года назад

After my CMA degree I finish in may I'm jumping into realestate schooling next August, hopefully I have my first deal done within 7 months from now but I'm still waiting for me to be ready to make a huge step

@VeronicaGrimes_tc 11 месяцев назад

@austinleady9500, How are you since your last post? If you ever need help with funding your transactions, feel free to reach out. I would love to help anyway that I can.

@VEE__33 2 года назад

When dealing with agents are u responsible for paying the buyer side commissions?

@FlippingMastery 2 года назад

No, seller pays the commissions

@VEE__33 2 года назад

@@FlippingMastery Sweet!! Thank you. I’m the event it’s virtual and I have no one to view the property will buyers accept photos or how can that be handled without them speaking with the seller/agent?

@VeronicaGrimes_tc 11 месяцев назад

@v33101, How are you since your last post? If you ever need help with funding your transactions, feel free to reach out. I would love to help anyway that I can.

@javierespana2807 2 года назад

"We're getting a lot of flippers so far" hehehehehehe....

@kevin-tr4ye 2 года назад

Hey Jerry i really need your help i sent emails and everything my subscription says its active. but i have 3 failed payments i dont understand how this could be please help me!!!! Please i have a deal right now and need that proof of funds letter.

@kevin-tr4ye 2 года назад

update we fixed the issue. Thanks

@Dan-ku8so 2 года назад

Seems like all these already have guys calling who are wholesaling as well. Not to mention the ads I see just watching these vids... why would I get into this if so many other do it?

@FlippingMastery 2 года назад

So you want to do something that doesn’t have any competition?

@Dan-ku8so 2 года назад

@@FlippingMastery I don’t mind that at all.. which in turn answers my question. Love the vids!