Watch Me Wholesale A House Start to Finish: Part 1 - FINDING The Deal

Welcome to a special 3-part video series where you’re going to look over my shoulder and watch me wholesale a real live deal in St Clair Shores, Michigan from start to finish. On this part 1 video I’ll break down how I found the deal and also how I analyzed it to determine the wholesale buy price.
7-Day Free Trial to Flipster :
JoinFlipster.com
Part 2 - Securing the Deal:
• Watch Me Wholesale A H...
Part 3 - Finding the Buyer
• Watch Me Wholesale A H...
With over 3,000 Videos, this is the #1 channel on KZbin for all things wholesaling and flipping. SUBSCRIBE NOW! / @flippingmastery
Podcast fan? Listen to your favorite Flipping Mastery TV videos on your favorite podcast platform! FlippingMastery...
Jerry Norton went from digging holes for minimum wage in his mid 20's to becoming a millionaire by the age of 30. Today he's the nation's leading expert on flipping houses and has taught thousands of people how to live their dream lifestyle through real estate.
**NOTE: To Download any of Jerry's FREE training, tools, or resources…
Click on the link provided and enter your email. The download is automatically emailed to you. If you don’t see it, check your junk/spam folder, in case your email provider put it there. If you still don't see it, contact our support at: [e-mail] or 888) 958-3028.
Get Access to Unlimited Free Property Searches and Downloads:
joinpropwire.com/
Get Paid $10,000 to find deals for Jerry:
www.My10kCheck.com
Get Unlimited Seller Leads For Less Than A Penny!
getunlimitedsel...
Get 100% funding for your deals!
UseJerrysCash.com
Advanced Mentor Program:
FastTrackwithJe...
Flipping Mastery TV Podcast:
open.spotify.c...
FREE 8 Week Training Program
8weekacademy.com
Get Paid $8700 To Find Vacant Lots For Jerry:
flippingmastery...
FREE 30 Day Quickstart Kit
MyQuickstartKit...
FREE Virtual Wholesaling Kit:
VirtualFlipperK...
FREE On-Market Deal Finder Tool:
MyDataCruncher.com
FREE Purchase & Sale and Assignment Contracts:
WholesalerContr...
FREE Cash Buyer Directory (100 Free Cash Buyers)!
freecashbuyers....
FREE Lot Finder Tool:
vacantlotfinder...
FREE Craigslist Deal Finder Tool:
flippingmaster...
FREE Comp Tool:
CompMyDeal.com
FREE Funding Kit:
MyFundingKit.com
FREE Wholesale JV Contract:
flippingmastery...
FREE Wholesale NDNCA Contract:
flippingmaster...
FREE Affidavit & Memorandum of Agreement:
flippingmaster...
FREE Termination of Contract and Price Reduction Addendums:
flippingmaster...
FREE Option Agreement:
flippingmaster...
FREE Agent Offer Sheet & Scripts:
AgentOfferScrip...
List it or flip it agent scripts:
flippingmaster...
FREE Motivated Seller Scripts:
FreeSellerScrip...
FREE Cold Calling Scripts
(& 20 Powerful Phrases to Build Trust):
flippingmaster...
FREE Blueprint & Cash Buyer Scripts:
flippingmastery...
FREE LLC Flipper Kit to Overcome a No-Assignment Clause:
LLCFlipperKit.com
FREE Deal Analyzer Software:
MyDealAnalyzer.com
FREE Instant Offer Calculator:
FreeOfferCalcul...
FREE Rehab Estimator Tool:
flippingmastery...
Free Contractor Agreement:
flippingmaster...
FREE Report: 67 Ways to Find Motivated Sellers:
flippingmaster...
FREE Zillow Motivated Seller Key Word Master List
flippingmaster...
FREE Facebook Ad Templates:
flippingmaster...
FREE Creative Financing Hacks Guide:
CreativeFinanci...
FREE Creative Financing Wholesale Calculator:
CreativeFinanci...
FREE Subject To Contract Pack
& 30% Off Discount Code for Full Service Closings:
flippingmaster...
FREE 6 Figure Flipping Business Blue Print and 10 Steps to Your First Deal:
flippingmaster...
FREE Deal Structure Game Plan
flippingmaster...
FREE Best Selling Wholesaling Ebook:
flippingmaster...
FREE Best Selling Fix and Flip Ebook:
flippingmastery...
FREE Best Selling Flipping Notes Ebook:
www.FlippingNot...
FREE Wholesaling Apartments Calculator:
flippingmaster...
FREE Rehab Checklist:
flippingmaster...
FREE Virtual Property Walkthrough Guide & Instructions:
flippingmaster...
LET'S CONNECT...!
FACEBOOK:
/ flippingmastery
INSTAGRAM:
/ flippingmastery
#FlippingHouses #WholesalingHouses #FlippingGenius

[@TonganzzohyayuzZ]

The more offers I make , The more deals I’ll get , and the more money I’ll earn 🔥🔥 You’re a Flipping Genius , Jerry !

[@riversofprosperity3150]

Johnny without a doubt your a flipping genius!

[@ram24018]

I love how Johnny asks those key questions, very smooth n direct!!! U flipping Genius Johnny. ❤

[@tayshaungentle2871]

The more OFFERS I make.. The more DEALS I’ll get.. The more MONEY I’ll earn. Jerry your a FLIPPING genius!🔥

[@maxstavos]

I love these videos Jerry!! Please keep doing them

[@dayannablanco3521]

the more offers I make, the more deals I'll get and the more money I'll earn ! Jerry you're a FLIPPING GENIUS

[@MDR_Fit]

Im starting in wholesaling real estate, thanks for this video. Getting my dots in a row to start my first deal

[@elichristopher8488]

The Flippin’ Norton’s are Flippin’ Geniuses! Gratitude to you!

[@mariodimacias]

Johnny is a flipping genius! 👏🤩

[@luisss270]

the more offers I make, the more deals i'll get, and the more money i'll earn!! you're a flipping genius, jerry!

[@CarlosLoredo-u4r]

These videos are always so helpful🤙🏻!! Love them. My favorite ha ha

[@naaopoku8480]

Jonny you are great!!!

[@AnthonyMendez-c5v]

You don’t know how long I’ve been waiting for a video like this🙌🏽

[@marlonvazquez7459]

The more offers I make the more deals I’ll get and the more money I’ll earn thanks Jerry you’re a FLIPPING GENIUS

[@joshfernandez6662]

My partner aka my dad😂 I have 8 houses in Texas and have cash buyers but since im a Joe McCall land investor Student I no idea to calculate ARV and get a wholesale offer price so this is timely ! "Johnny, you are a flipping genius! You been trained well!" 🎉

[@Trentmack13]

This is a great video, he was great on the phone with great questions. Johnny is a flipping genius🔥

[@JoseGarcia-ve9dk]

Johnny sounds way more smooth and confident over the phone from when I saw his first video nice!

[@kevinobrien6750]

Johnny you are a Flipping Genius. Great Job

[@KeiSpecialA]

Johnny you a flipping genius 👍

[@hugodehoyos9302]

Johnny you are great that was a awesome call you are a genius!

[@DRIO30k]

im pulling the trigger today im go all in this is perfect !!❤ thanks jerry

[@FlippingMastery]

You got this!

[@playboiyoungin]

1 mo update ?

[@shadhickman9192]

Go go Johnny! Well done! Really great call! I remember your first or near first! This was Smmoooorh man! Johnny you’re a flipping genius!

[@trycep4217]

Johnnie you’re a flipping genius!! Great call.

[@Astro-J85]

Johnny, you are a flipping genius! 🧠 🏠

[@edwave7347]

Johnny is a genius, i can't wait to get the boldness needed for phone calls🤙

[@vanessadarrough5000]

Johnny you are a flipping genius 🎉

[@Benjibarbie]

I've been watching for years only thing that stopped me in my tracks was finding a good title company that knows about whole sales near me and double closing but now a new company exist in my area that is great I'm gonna give this a try again

[@julieludwig8927]

Johnny. You are a FLIPPING GENIUS!!

[@rogelioordonez777]

❤ Johnny you are a flipping genio & Pop ( Gerardo) is the Flipping Genio..... Great 1st video very valuable!!!!! Thank You

[@HansAndersenYT]

Love it man you helped me a lot I’m now able to consistently do 100k months and life is changing fasttt! Thank you Jerry your amazing

[@FlippingMastery]

Thats awesome! Would love to interview you about your success. Send me a DM @flippingmastery

[@renittaknight2305]

Johnny you’re a flipping genius!👏🏾

[@artie.elias4]

Johnny you are a flipping genius!

[@amoniwatson3795]

The only question I have is why did you pick average rehab if there was a basement issue? Aren't foundational repairs expensive? Also great job to Johnny. He was really smooth and professional. Things are coming together so much for me and I'm actually getting excited about this!

[@YT.711]

Love the determination

[@damianmorales3347]

Johnny you genius man

[@jalaluddeenat-tabarithetim593]

Johnny you are a flipping genius

[@ChantelRich]

Johnny got so much better on the phones way to go

[@GTGALLDAWAY]

Johnny you a flipping Genius, praise the Lord !

[@tracywells9633]

Johnny your a flipping Genius!

[@eustaceelms9403]

Johnny a flipping genius

[@paulmatthews8776]

The more offers I make…The more deals I’ll get… The more money I’ll earn flipping geniuses 🔥

[@palyutun8790]

Johnny! You are a flipping genius :v

[@andrewfierros3144]

The more offers I make the more deals I get the more money I’ll earn!! 🙏🙏🙏🙏🙏🙏🙏🙏

[@Pcorrea908]

johnnie the Flipping genius

[@eallen5562]

So, Jerry it seems the software to get comps and using the Deal Analyzer to get your offer price will provide an MAO this is better and higher than using the 70 percent rule. Is this correct? Because when I make offers using the 70 percent rule or even the 80 percent rule, my offers are still too low. Which method in your opinion is preferred?

[@wavymisfit215]

Hey Jerry I’m still learning. How can I eyeball the repair needed and not over or under price the repair cost?

[@ddstorted]

are there videos on the process after getting a property under contract and finding some to assign it to?

[@Oscarofwellness]

Still doing it 10 years later! Amazing

[@FlippingMastery]

I started doing this 20 years ago in the same neighborhoods of metro Detroit

[@Oscarofwellness]

@@FlippingMastery amazing! God bless you Jerry.

[@aslibayram6147]

The more offer I make, the more deals I'll get, the more money I'll earn!

[@davidmoralesjr]

The more offers I make, the more deals ill get, and the more money I'll earn

[@Jeramiah-m5n]

If your wholesaling and your not buying the property yourself would you need to ask your Buyer if he wants a purchasing agent first? the Commission comes out of the sale price what if the buyer wants that extra 2-3%? this is regarding the double dip method.

[@Avisoo]

Hey Jerry! Just getting started on my wholesale journey. Love the content. Do you have a mentorship program?

[@FlippingMastery]

Yes I do! Fasttrackwithjerry.com

[@OfficialDonnieP]

Does flipster work in Washington state?

[@FlippingMastery]

Yes

[@tracywells9633]

🔥🔥🔥🔥🔥, Thank you!

[@Real_Estate_Investor]

Keep it up 💯

[@0rbitingUranus]

Does that $35K rehab include addressing the foundation issue? I'm guessing not, so curious how that will affect the exit.

[@ThinkEddiee]

Honestly 35k seems low

[@FlippingMastery]

Yes it does

[@0rbitingUranus]

@@FlippingMastery follow-up: How? What I mean is, if Flipster used an algorithm for "average" rehab based on SF, how would it automatically add in a buffer to address that issue (which I believe you say in part 2 is $7500)? Did Flipster come up with a lower number and you manually added the extra for the foundation?

[@jsward17]

I would avoid any issue like this. It could end up costing 100K. Or the house might be unlivable.

[@lenagaming2704]

Great video Jerry! Can I ask why you only used 26% for the soft costs/profit instead of 30% in the deal analyzer tool?

[@FlippingMastery]

Buyers in metro Detroit suburbs are at 75% of arv

[@lenagaming2704]

@@FlippingMastery Gotcha, thank you!

[@mateohrndzz]

My only question when it comes down to "buying" the property is assigning the purchase agreement to the flipper. What happens if the agent finds out about it and causing a hesitation in the deal? Is this where you would attatch the assignment fee to the purchase agreement?

[@FlippingMastery]

The agent did find out in this deal. It doesn’t matter. You have the right to assign the contract. Has nothing to do with the agent. They get paid either way

[@jsward17]

You can also do doubleclose for privacy

[@stayjeans]

The more offers I make, the more deals I get.

[@Jarvi-g3j]

The more offers I make The more deals I’ll get The more money I’ll earn

[@unclegrandpah8400]

Jerry, I've been trying to get your agent offer scripts for a while now and I'm unable to even after watching the videos. How can I get to download the script?

[@FlippingMastery]

Once you enter your email, it’s automatically emailed to you. If you don’t see it, check your junk/spam folder in case your email provider put it there...If you still don’t see it, my team can help you out. [e-mail]

[@coolboy4456]

the more offers i make the more money i’ll get the more money i’ll earn

[@eustaceelms9403]

Will this be in a playlist

[@FlippingMastery]

Oh yea!

[@DEE-YOUNGREACTS]

The more offers I make.. The more deals I'll get... The more money I'll earn...

[@JustinRosado-ct1qy]

Awesome video

[@ethanmagdaleno4309]

Hey Jerry, dual agency is actually illegal in Texas. How would I go about representation in this case?

[@FlippingMastery]

The concept still works in a non-dual agency situation. There are other ways the agent can structure it (designated agency, transactional broker, etc). Here are examples: Double dip in Texas kzbin.info/www/bejne/pZ2anXmXp75rqKM Double dip in Florida kzbin.info/www/bejne/n4mXYnaootuUfqs

[@nima.shokouhfar]

Great video

[@mxrioszn3444]

The more offers I Make, the more deals I’ll get and the more money I’ll make

[@naaopoku8480]

The more offers I make, the more money comes to me...

[@michaelmartinez6660]

Jerry, propwire isn’t allowing to search by address. Been messing up since yesterday 😢 any idea when this will be fixed?

[@kevinstafford7775]

I been having the same problem with propwire since yesterday hopefully he is updating the software with all of those wrong numbers.

[@FlippingMastery]

We have been doing a lot of updates. Send an email with specific addresses to [e-mail] so we can troubleshoot

[@michaelmartinez6660]

@@FlippingMastery Will do 🫡

[@JakeFlores-y2e]

The more offers I make The more deals I’ll get The more money I’ll earn 🤘

[@essarassool5479]

It doesn't look like it says how much lower priced the property is , I joined yes please advise

[@EthanLamb-p1f]

Can I get proof of funds on the 97$ flipster?????

[@FlippingMastery]

With a pro or prime level subscription to flipster, you get unlimited custom proof of funds letters for as many offers as you want. To learn more go to: Getflipster.com

[@ramontorres3093]

Can you please add a “Comma” to Flipster to separate numbers. for example $170,000 and not $170000

[@ultimatestones3371]

Like father like son of course

[@empireofluxe]

The more offers I make, the more deals I’ll get, the more money I’ll earn

[@DesirableLibra777]

That’s your twin Jerry lol but J, you’re a flipping genius! Thanks for the nice affirmation. 14:12 Question, do fix & flippers really only get 11% back even after spending more on the closing + costs (according to the analyzer’s numbers)?

[@FlippingMastery]

Some flippers buy at 75% of arv less repairs, which is about 10-12% but it depends on the flippers financing

[@DesirableLibra777]

@@FlippingMastery noted. Thank you for that Jerry.

[@socbackagain8]

Ngl these videos make it seem like it’s more complicated than it is.

[@jonathancabrera2531]

How comes? Am starting so would love your two cents on it bro

[@trevonhightower8167]

How much is Flipster per month?

[@HaleyGutierrez-q1d]

Like 100 $

[@FlippingMastery]

Learn more here - joinflipster.com

[@chrisv.6951]

Are u an Alacholic by chance, just asking ...

[@FlippingMastery]

What is that?

[@mariodimacias]

Why not offer a straightforward monthly or annual pricing plan that includes all the features of your software? It feels misleading to sign up only to discover that many essential features are locked behind a higher-priced tier. This comes across as a bait-and-switch tactic, in my opinion

[@FlippingMastery]

All right here: flipstersoftware.com/payment-plans/

[@jsward17]

There are much cheaper options like REIdealMaster and xleads

[@jsward17]

Xleads or REIdealmaster are much cheaper

[@dlo615]

So you gotta have flipster

[@FlippingMastery]

Nope but it sure helps you do it faster and better

[@eustaceelms9403]

The more offers I make the money deals I get the more money I earn

[@TRANSCENDANT_LOVE]

The more offers i make, the more deals i get and the more money I'll earn. 😁

[@ovlsr4686]

Why everybody keep saying your a genius, I ain’t disagreeing I’m just concerned 😭

[@FlippingMastery]

Watch the video and you’ll know why

[@LalaLeeloo-zk7ww]

I’m unable to download the free scripts

[@FlippingMastery]

My support team would be happy to help with that! Please reach out to them at: [e-mail] or [phone]

[@seanmacdiarmid7693]

Isnt wholesaling illegal now...where is it legal, if you're jusy starting out and have little budget, no real estate license, etc....

[@AdrianRuiz-on6pg]

Only a few states its illegal but theirs loopholes still to do it legally its still a thriving business

[@jsward17]

Only illegal in South Carolina some states have regulations, but it’s manageable

[@jesusmalverde612]

I'm so confused. How are you speaking to the property owners when they have a real estate agent that they hired. Wouldn't the real estate agent just do the middle man work a wholesaler is trying to do?

[@FlippingMastery]

Im not speaking to the owner. I never once spoke to the owner, only the agent

[@beyondthunderstick1578]

You can go after these on markets cause you have active buyers but your teaching people to lie in ordor to lock up deals when they dont have access to these pools. In my market rookie wholesalers are GETTING SUED left and right atm.

[@jsward17]

Pools? And sued for what?

[@Sf6m-d7j]

Jerry, I appreciate your content, but call yourself godfather of something is a little weird.

[@jsward17]

Especially because they’re already is a godfather of wholesaling and his name is Ron Legrand

[@theplaylistspecialist9045]

Johnny love you son, but you sure not as handsome as your dad

[@edwave7347]

Hello Jerry, I want to express my gratitude for your informative video. I am new to the world of wholesaling and I find your KZbin channel to be an invaluable resource. I am very interested in joining your 10k Finders program so I can work as a bird-dog for you, helping distressed sellers in clearing debt and unburdening themselves of their homes. I live in Nigeria, a third-world country, and unfortunately, I cannot afford the required fee to join your team. However, I am eager to learn and be resourceful. Even if I don't get paid for the first five homes I find for you, I am committed to bringing quality leads to help you make money. Please consider helping me overcome my financial struggles. Your assistance would mean a lot to me. Thank you.

[@LA24BRYANT24LA]

Holy Shit! the amount of BOTS in the comment section is outrageous

[@FlippingMastery]

Not bots. Actual comments

[@DeborahHolmes-l3m]

Yoo Johnny do you have instagram

[@naaopoku8480]

Johnny you are a flipping genius 🎉

[@dementiabroache6270]

Johnny,you are a flipping genius

[@sharonceaser-wheeler3364]

Johnny you are a flipping genius!😄

[@DanielWaldron-m5j]

Johnny you are a flipping genius!

[@choppaxu]

The more offers I make , the more deals I’ll get , the more money I’ll earn

[@JawanzaaGrayson-d9w]

Johnny you are a flipping genius