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The effort and the amount of information you all post on this platform is so very appreciated. Very professional and it’s all helpful for anyone at any level. No drama, fear mongering or passive aggressive behavior just pure golden content and resources. Much respect to you guys 🙏🏽✨ thanks for helping us all out and being willing to assist with questions.
I’ve been using this trick and sold two properties and I only started 2 months ago knowing nothing, but do you work in other markets or just Denver, CO?
@santiagobaltazar8631 We have done deals all over the country! That is incredible that you were able to close on two deals already! Congratulations. 🎉 Do you care to share about the two deals?
@eallen5562 Knowing how to find cash buyers is part of it, but knowing what to say is equally important! We actually made a video that will give you a free script of what to say to cash buyers. Here is a link to that video: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-yPDBNoKgIUo.html Without listening to your calls it's hard to guess where you're going wrong. Check out that script and have it handy the next time you reach out to cash buyers.
Excellent video my friend. Always looking for new content and techniques to up our game. 83% of ARV is rare in the DC area but thanks for sharing. DRS Real Estate Investments LLC.
They're buying at 83% ARV, but couldn't you still buy it at 70% if the seller accepted? Wouldn't that also mean there would be a potential increase of profit spread of 13%
@eallen5562 You definitely could do 70%. Just know that the 70% rule is a general rule of thumb and often investors are willing to purchase at more aggressive pricing.
Man I wished it was this easy. In Texas, everyone on Google are wholesalers. You have to skip trace a buyer to actually find a true buyer to get a convo like this. Definitely not google.
@Lorann-z5v Something else you can try is looking at current listings of new rehabbed homes, and reach out to the agent like Ryan did in our other video. Here is a link to that video: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-EO7fcIH_bWs.html On this call, Ryan was able to get a potential cash buyer by going through the agent listing the property.
You picked a rabbit out of the hat on that call for sure since most buyers that I have found are in the 70% to 50% or even less category making any deal impossible. Chalk up that to either their inexperience or pure greed but in either category of theirs again, any deal construction with them is a waste of time. Good luck with that buyer and I hope it all goes well for you.
@andysear We don't feel like buyers like this are rabbits in a hat. The percent an investor is willing to buy a property at is market dependent as well as how their company is built. For instance, if they have brokers in house they can usually save on those commissions allowing them to be more aggressive with their buying criteria. The more experience you gain the better you will get and finding buyers just like this. 🚀 Thank you for the kind wishes and we hope you the best of luck in your investments as well my friend! 🙂
@@RealEstateSkillsit seems the beat way to lock up potential deal is to use the 80% rule, then let the buyer determine of that fits their buy criteria
@eallen5562 The best thing you can do is know your cash buyers buying criteria in advance and bring them deals that match it. Know that more aggressive buyers will go above the 70% rule.
Glad the video was helpful! Be sure to subscribe if you haven't yet here: ru-vid.com We'll be coming out with more great content on wholesaling, fixing & flipping, and buying rental properties! Cheers!
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