How to Make 100 Offers A Month

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Flipping Mastery TV

6 жыл бұрын

You can't get deals unless you make offers. I'm going to show you on this video how to make a hundred offers a month and do it in a fraction of the time.
FREE Guide to Working With Agents and Making Offers:
flippingmastery.com/quickstart/yt2/
Jerry Norton is the nation's leading expert on flipping houses and has taught thousands of people how to live their dream lifestyle through real estate.
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#RealEstateInvesting #FlippingHouses #MakingRealEstateOffers

Пікірлер: 523
@asksholej2872
@asksholej2872 4 жыл бұрын
I have no idea why this guy is not getting the attention as other investors. Me and my husband have made good money wholesaling from just watching his videos - no one else's! We are now able to hire VAs and working on flipping ourselves.
@ryanlopez8128
@ryanlopez8128 3 жыл бұрын
how much do you guys typically make a month and how many properties do you flip and wholesale a year? i understand if you don’t feel comfortable responding have a great day
@dasse1588
@dasse1588 3 жыл бұрын
@@ryanlopez8128 12
@TheOriginalCryptoPimp
@TheOriginalCryptoPimp 3 жыл бұрын
I honestly believe JN doesn't get the same attention because he's very transparent, there's no gimmick with Jerry. I can't stomach most of the RE investment channels because they over hype everything, they act like complete overly energetic goof balls or they come across as if they have the magic 'secrets' to RE Investment success. JN always says "make more offers". Thats the 'secret'.
@coldblooded568
@coldblooded568 2 жыл бұрын
Thank you!!! He is too damn good to not get his FLOWERS!!!
@thatoneguywithtwothumbs
@thatoneguywithtwothumbs 2 жыл бұрын
I’m in the current situation as well spent yesterday on a computer while watching videos found a few properties that look interesting but I seem to be stuck although Ik what to do for the next step still stuck
@grabthemappodcast
@grabthemappodcast 7 ай бұрын
Loved the tip about doing quick analyses to determine whether a property is worth pursuing further. Analyzing deals quickly and efficiently saves time and helps in making timely offers.
@sonyawiley9422
@sonyawiley9422 Жыл бұрын
Sonya Wiley here, You're amazing, I'm so glad I'm learning from you. Than you
@Entrepreneur.stanlo
@Entrepreneur.stanlo 4 жыл бұрын
You just open my eyes thank you jerry
@vladlenvronsky
@vladlenvronsky 3 жыл бұрын
Jerry - you're a real G. I've spent thousands on Wholesaling Education and you sum up everything here precisely. Why do some guys offer courses and education for a price and you just do it here for ...... free?
@dnasixenterprisellc84
@dnasixenterprisellc84 2 жыл бұрын
Hell. Me too
@properspelinng2455
@properspelinng2455 Жыл бұрын
Thank you Jerry wish you and the fam the best
@brendennimmonsjr.6692
@brendennimmonsjr.6692 5 жыл бұрын
If you can’t comprehend watch it until you can, have someone explain it to you. It’s a brilliant formula!!! Great Job!
@FlippingMastery
@FlippingMastery 5 жыл бұрын
🙏🙏👊
@jodatwo5351
@jodatwo5351 3 жыл бұрын
Well said that's very true I'm gonna replay a few times so I can resight the whole thing.
@enzosantino7625
@enzosantino7625 2 жыл бұрын
F...k i just made 5 offers in 5 minutes. ITS THE MINDSET BABY.....THANKS SO MUCH
@janzelde
@janzelde 4 жыл бұрын
Dude youre one of those people I wish could personally meet and thank!! People that share info like this are the best!
@primetimepropertysolutions2089
@primetimepropertysolutions2089 2 жыл бұрын
Jerry is the man. JERRY! YOU ARE A FLIPPING GENIUS!!
@derekburton153
@derekburton153 2 жыл бұрын
It took me a couple times watching to completely grasp it. But this is hands down the most potentially profitable video I have ever watched.
@AdamDukes
@AdamDukes 5 жыл бұрын
"You can't get deals unless you make offers" Ain't that the truth. In the online marketing world, that same quote is the "secret to success" I'm starting to realize, that is the secret to ANY business.
@FlippingMastery
@FlippingMastery 5 жыл бұрын
Bingo!
@kentheengineer592
@kentheengineer592 3 жыл бұрын
to make offers you need to know the property addresses & seller's priorities
@savonmoniz3545
@savonmoniz3545 4 жыл бұрын
Just made my first offer after watching maybe 40+ hours of your videos sir. My goal is to make around 5 a day here in the Utah market. Ready for the grind. Thank you for making your content so available for people like me to have a chance at a better family lifestyle!
@KM-bu1js
@KM-bu1js 4 жыл бұрын
How did you get proof of funds?
@marcusmykel4927
@marcusmykel4927 4 жыл бұрын
have you run into any POF problems with agents, or is there a way you got a letter?
@BitcoinOnlyCentral
@BitcoinOnlyCentral 4 жыл бұрын
How’s it going?
@properspelinng2455
@properspelinng2455 Жыл бұрын
@@marcusmykel4927 Its part of flipster (soft proof of funds).
@erikafranklin_official
@erikafranklin_official 3 жыл бұрын
Wow!!! You are literally literally a flipping genius. It came back to you!!! Today, I'm not scared anymore. 5 offers a day. Thank you mentor in my head 😂😂😂
@isaactrujillo2022
@isaactrujillo2022 2 жыл бұрын
4:33 - 4:36 The face and tone used when looking at the camera that enforced “Free” Was priceless. Watched it 5 times over. Direct to funny bone!
@heronleal3582
@heronleal3582 5 жыл бұрын
I've been searching for a good person that has knowledge and know how to explain the whole process of flipping houses. this guy is by far the best one. i wish to have you here on Chicago west suburbs. I really want to start flipping houses. please, if you come to Chicago area let me know. I've been reading your docs and watching all your videos.
@FlippingMastery
@FlippingMastery 5 жыл бұрын
+Heron Leal Awesome! And thank you. I’ve done several flips in the Chicago market. Most recent in glen Ellen. Great market for flipping!
@heronleal3582
@heronleal3582 5 жыл бұрын
@@FlippingMastery I've been watching all your videos but it is so much information man. I wish to have a start point.
@FlippingMastery
@FlippingMastery 5 жыл бұрын
Heron Leal Good place to start My10kcheck.com
@amenrafreedom9757
@amenrafreedom9757 2 жыл бұрын
You Freaking Flipping Genius Jerry Norton! Incredible free info! Time for me to put this strategy to work!
@Sweet_Southern_Pecan
@Sweet_Southern_Pecan 2 жыл бұрын
Thank you, Jerry. Your content makes things so clear!!!
@tyrellrutledge52
@tyrellrutledge52 3 жыл бұрын
Wow going back and watching these older videos. That hair upgrade was a phenomenal investment sir.
@sharlongrissom2300
@sharlongrissom2300 4 жыл бұрын
Mr. Jerry Norton you are the BUSINESS!!
@AndrewDaniell
@AndrewDaniell 2 жыл бұрын
This makes all the sense in the world thank you
@glenquagmire7600
@glenquagmire7600 3 жыл бұрын
👍 thanks I'm getting my first deal this month
@shahida5029
@shahida5029 2 жыл бұрын
Great knowledge Jerry you Are a genius flipper! I would like to be You one day!
@savage1909
@savage1909 3 жыл бұрын
mr. Norton YOU ARE A FLIPPING GENIUS. im thankful for and everything you do sir. Thanks again..
@EcommerceKing55
@EcommerceKing55 3 жыл бұрын
You sir are a FLIPPING GENIUS! Working on streamlining my acquisitions to match this method, 💎💎TY!
@maxwelle7153
@maxwelle7153 5 жыл бұрын
Hey, Jerry! Great video. So , just to clarify, I can: 1. Use your free software to evaluate deals on the MLS 2. Use your free software to submit multiple offers daily to real estate agents 3. Teach a virtual assistant the system that you use 4. Close deals 5. Rinse and repeat
@FlippingMastery
@FlippingMastery 5 жыл бұрын
Yes!!
@maxwelle7153
@maxwelle7153 5 жыл бұрын
@@FlippingMastery is there a limit on the amount of offers I can make? Or on the number of different markets (cities) in which I can use the software?
@FlippingMastery
@FlippingMastery 5 жыл бұрын
No but I recommend focusing on 1 market at a time.
@maxwelle7153
@maxwelle7153 5 жыл бұрын
@@FlippingMastery does your software work for offers on multi-family properties?
@isstadrashadeemrealestateh7240
@isstadrashadeemrealestateh7240 4 жыл бұрын
Amazing information. Thanks again. You always deliver!
@emiliomejia5331
@emiliomejia5331 3 жыл бұрын
Jerry you are always helpful!. I think people are more scared than lazy… Real estate you have to go out and do it, you can study all you want but eventually you got to put the rubber to the ground. I’m very grateful for you because I’m exactly doing that
@calebwilliams8797
@calebwilliams8797 3 жыл бұрын
Its true. A lot of people can't handle the constant rejection
@shelliegodschild
@shelliegodschild 3 жыл бұрын
Thank you so much
@PARISTheSpanishSinger
@PARISTheSpanishSinger 3 жыл бұрын
To be honest Jerry Iv been afraid to make an offers bcuz I feel like what if my offer is bad ; I gotta get out of that ASAP. The 20% strategy is good way to just make the offer
@Moe_fitness
@Moe_fitness Жыл бұрын
This is an awesome strategy Jerry. I had to watch it twice to really get a grip but it makes total sense now. I will be implementing this strategy immediately. Thanks!
@lowellgoodman5941
@lowellgoodman5941 2 жыл бұрын
Great stuff
@kerigage9737
@kerigage9737 3 жыл бұрын
Love this! Thanks Jerry!
@kerigage9737
@kerigage9737 3 жыл бұрын
So are you saying these were on market offers?
@RealEstateRaccoon
@RealEstateRaccoon Жыл бұрын
Takeaways: 1) Don't be afraid to put offers out in the marketplace. 2) A lowball offer uncovers seller motivation. 3) Find it. Analyze it. Make an offer on it.
@paradisebright6072
@paradisebright6072 3 жыл бұрын
God opened our eyes through your knowledge sharing Mr. Jerry.
@jessequintanilla6546
@jessequintanilla6546 4 жыл бұрын
Jerry your videos r helpful following step by step in real estate. Jerry we need more people like to get on the wright track
@joseberrios6714
@joseberrios6714 2 жыл бұрын
Hey Jerry, just joined the 10 k club. really interesting video. Let's see if I am understanding this well. What you mean is to use the instant deal analyzer, get the average price/Sq ft of that specific zip code and use the 70% formula minus potential rehab cost for the number the software gives us and if the number we come up with is over 20% lower than listing price, then we make the low ball offer, right?
@legacyXplore
@legacyXplore 2 жыл бұрын
New to your videos and am shocked how great they are. Am I right to assume these offer have to be off market offers? I thought I heard you say each on market contract required proof of funds and 500 to 1000 earnest money deposit. That would get expensive lol. What am I missing.
@FlippingMastery
@FlippingMastery 2 жыл бұрын
Watch this to learn more about EM - kzbin.info/www/bejne/jabdh6ejmrZ1ndk
@dnasixenterprisellc84
@dnasixenterprisellc84 2 жыл бұрын
In terms of blasting out offers. How are you doing this? Are you sending text messages? Are you talking to sellers? Please advise
@shashgo
@shashgo 4 жыл бұрын
Jerry, when I talk to agents, at what point do I start asking them to tell me or to find out from the seller about the condition of the house and other info?
@tommipabst6056
@tommipabst6056 3 жыл бұрын
Hey Jerry! I just tuned in to videos. How can I get access to the formula you mentioned?
@chrisduhon7922
@chrisduhon7922 3 жыл бұрын
Jerry, does this video and advice still hold up in todays market?
@ShinobiLife34
@ShinobiLife34 2 жыл бұрын
what kinds of things would i need to know if im doing a detailed analysis of a property? i.e. contractors and what is a "comp" cost/ value?
@jenniferboren2887
@jenniferboren2887 2 жыл бұрын
Jerry, I love you and your teachings. I'm just a grammar freak... Here I am thinking it should be "sight unseen," as in vision, but you mean "site unseen" as in the property site...? Funny how that's a double entendre... Grammar freaks, which way should it be? Whatever the case, back to your teaching. I really appreciate you!!!! (P.S. This word nerd did find typos in your 8 week academy presentation. For a fee, I'll do all your proofreading. Never hurts to ask. Ha ha)...!
@LexDiamonzz
@LexDiamonzz 2 жыл бұрын
Great video Jerry and i got 95% of what you explained makes complete sense, what i dont understand is the following: - Within the 20% $100 $80k why do you do the detailed analysis? And not a SUO (Sight Unseen Offer)? Is it because you have a higher to certain probabilty of having your offer accepted by the Seller making it then worth your while due diligence Vs the larger spread offers with the over 20% offers having a less likely chance of having your offer accepted? 🤔
@keithmace1
@keithmace1 4 жыл бұрын
Once again, good info, Jerry. So, how does one actually do a quick analysis w/o looking at comps? How does one come up with a number based on assumptions? And, what are those assumptions?
@roblowe3400
@roblowe3400 4 жыл бұрын
Keith Mace same thing I’m wondering. It makes no sense to me
@m.soloff9496
@m.soloff9496 4 жыл бұрын
you could run some comps but repairs you could make assumptions (if you have experience)
@Syko_Gaming5150
@Syko_Gaming5150 4 жыл бұрын
To me it sounds like he figures ARV and MAO and if asking price is within 20% of that number he makes the sight unseen offer
@EoN36963
@EoN36963 4 жыл бұрын
He said that he has a free software that would calculate that rough ARV for you.
@JohnVanderbeck
@JohnVanderbeck 4 жыл бұрын
You can pull comps quite fast in Redfin without digging too deeply. Then just take the price per sqft to make a quick approximate offer.
@ciprodriguez
@ciprodriguez 4 жыл бұрын
Soooo My major take away is If I make 5 site unseen offers an hour and do that for 8 hours monday though friday and think of this as a full time job that wold be thats 800 a month
@djwashington7710
@djwashington7710 3 жыл бұрын
Very helpful video!!
@markleydenis6630
@markleydenis6630 5 жыл бұрын
Mann you're killing best info out here💫💫👊👊
@luxuryhomes1695
@luxuryhomes1695 4 жыл бұрын
Magnificent Video!! 🔥💪 I enjoy your content! 👍
@tomdavidson2134
@tomdavidson2134 4 жыл бұрын
Surely to work out a rough ARV you would need to check some comps beforehand?
@edmandell3064
@edmandell3064 2 жыл бұрын
Great Video. On these 100 offers are they verbal or in writing with the agent?
@FlippingMastery
@FlippingMastery 2 жыл бұрын
Either way
@shaydiddy7416
@shaydiddy7416 3 жыл бұрын
Instead of calling the agents first can I text them my offer & let them know I’m interested so that way I can reach more people or should I just call them & make the offer ?
@alimonfared
@alimonfared 2 жыл бұрын
I love you man thanks 🙏
@jjonesdabeast
@jjonesdabeast 2 жыл бұрын
Would you still recommend this formula for todays market?
@FlippingMastery
@FlippingMastery 2 жыл бұрын
Yes
@georgefisher8928
@georgefisher8928 3 жыл бұрын
Hey Jerry. You are a flipping genius! I started making offers two days ago. My question is, do you ever make offers, that are more than 20% from the asking price, by email? Or do you always call?
@dougboyko6005
@dougboyko6005 4 жыл бұрын
You're a Flipping Genius.
@e3ricksonmalambwe
@e3ricksonmalambwe 2 жыл бұрын
I'm new just watching this video and my question is How to know the price to fix ur property remodeling all stuff? Do You need to find someone who knows or what the easy way please help me
@achesontrading427
@achesontrading427 4 жыл бұрын
for 100 per month are you making verbal, Letter of Intents or formal broker offers? what about for commercial?
@FlippingMastery
@FlippingMastery 4 жыл бұрын
All 3. Offered are offers
@mrham7537
@mrham7537 2 жыл бұрын
When doing virtual deals, do you have to be at the closing office when the deals are out of state? Or does the realtor handle everything for you? I guess U can do a video call, I was just wondering.
@programR3
@programR3 3 жыл бұрын
Beautiful!
@Jasmine-pz4hu
@Jasmine-pz4hu 2 ай бұрын
Jerry would you say this still works 5 years later? And would you change anything? (Serious question)
@FlippingMastery
@FlippingMastery 2 ай бұрын
Yes for sure
@Jasmine-pz4hu
@Jasmine-pz4hu 2 ай бұрын
@@FlippingMasterythank you
@desztino9829
@desztino9829 2 жыл бұрын
Hey jerry great video! Thanks for sharing!Whenever the offer is below 80% of asking, do you actually pick up the phone or are you simply texting or emailing the seller or Agent?
@RocEProductions
@RocEProductions 2 жыл бұрын
Probably all of the above.
@SalMondragon77
@SalMondragon77 5 жыл бұрын
Hi Gerry , are this just verbal offers or do I have to summit a written offer? please respond. thanks, Salvador.
@FlippingMastery
@FlippingMastery 5 жыл бұрын
Written is always better but if the agent won’t (being lazy), I’ll ask if they can at least call the seller and give them my verbal offer and if interested we can put it in writing
@SalMondragon77
@SalMondragon77 5 жыл бұрын
Thank you
@briansmith9258
@briansmith9258 4 жыл бұрын
@@FlippingMastery so send a contract through docusign or similar electronic signature?? Or you ask the agent to write the offer? Thank you
@mq8543
@mq8543 4 жыл бұрын
Flipping Mastery TV do they ask you for earnest moneh?
@MrKdarby34
@MrKdarby34 5 жыл бұрын
Hey Jerry brother. As an Investor and Real Estate Agent, what’s a good line will you use to an agent when introducing yourself as an Investor and Agent when you want to put a offer in on there listing? I been trying to figure out the bed way to disclose I’m an agent but most importantly I’m a Cash investor. Thank you.
@FlippingMastery
@FlippingMastery 5 жыл бұрын
“I’m actually licensed but I’m more interested in the property than earning a commission so I’d like you to represent me and submit the offer for me.”
@MrKdarby34
@MrKdarby34 5 жыл бұрын
Flipping Mastery TV thanks bro.
@lisahansen2696
@lisahansen2696 4 жыл бұрын
hank you for taking the time to teach me how to gain more freedom. Please share your ten-step guide. Lisa T
@FlippingMastery
@FlippingMastery 4 жыл бұрын
10 steps to do your 1st wholesale deal blueprint: drive.google.com/file/d/1RKBm2685XQoPKV6U8ql6nILsu2q-l2fC/view?usp=sharing
@daviddoten6729
@daviddoten6729 Жыл бұрын
so would you want to look for 20% below "current zestimate", 20% below "real arv" based on actual recent fix and flips, or 20% below owners subjective asking price ? since alot of sellers still think they can get unrealistic prices. thanks
@eljefe6600
@eljefe6600 4 жыл бұрын
Great video .... will there always be an asking price from the seller shown without having to contact them or will u need to contact them ? Thank you
@FlippingMastery
@FlippingMastery 4 жыл бұрын
Depends
@thomasjones1698
@thomasjones1698 5 жыл бұрын
Excellent. Thank you.
@FlippingMastery
@FlippingMastery 5 жыл бұрын
🙏👊
@masonurbina6845
@masonurbina6845 4 жыл бұрын
DO NOT FORGET the 20% rule. I wanted to see how accurate the instant deal analyzer was for my own piece of mind. I ran an instant deal offer on a house pricing 120K and got 55K (54% Lower). Ran the comps and did a detailed analysis and got 72K (40% Lower). If I spent more time doing the comps and sent the offer, they could still have said no and I would have wasted more time, than just sending the first proposal. The 72K is my MAO which means even if they counter, if you're a wholesaler or a flipper, means digging into your profits.
@tbjr1127
@tbjr1127 4 жыл бұрын
Jerry I just got Flipster and I love it. It’s a real game changer. I want to make 5 offers a day, but I want to make sure I get a good ARV before making offers. The only way to do that is to comp. Am I over thinking this all? Should I just plug my numbers into the deal analyzer and roll with what it gives me? Thanks for your help!
@FlippingMastery
@FlippingMastery 4 жыл бұрын
Yes, utilize the softwares.
@arkshomeventures2282
@arkshomeventures2282 4 жыл бұрын
QUESTION! FIrst thank you for all the lessons. I'm on my way to my first deal. When making site-unseen offers, would you send an official offer in a contract or just do it verbally?
@arkshomeventures2282
@arkshomeventures2282 4 жыл бұрын
Also, I have Flipster but I feel like I am not using it to the fullest. Could I contact you and make sure I'm doing things correctly?
@chrishuxtable128
@chrishuxtable128 2 жыл бұрын
Jerry are you filling out the offer yourself and sending to the agent? Are you send those unrepresented?
@ToddStocker
@ToddStocker 4 жыл бұрын
QUESTION: I mainly work with agents in on market deals. How do you submit the offer? Verbally? Email?
@kutekittiesvids258
@kutekittiesvids258 2 жыл бұрын
Jerry I feel like I'm learning a lot but feel like an idiot at getting the right leads and getting the right numbers 🤣 u make this look easy
@cheapmichiganproperty2181
@cheapmichiganproperty2181 5 жыл бұрын
Unless I missed it, what is the formula you're using to determine if you're w/in the 20% of the sellers asking price to know if it's a deal or a dud?
@FlippingMastery
@FlippingMastery 5 жыл бұрын
+Cheap Michigan Property Video about House flipping formula kzbin.info/www/bejne/Z6bVZHSAbb91adU
@macknumber9
@macknumber9 4 жыл бұрын
How are you supposed to do a quick analysis without any comps to estimate the arv?
@srchulo
@srchulo 2 жыл бұрын
How do you balance this out with the double dip strategy?
@wilhemj.loboguzman1793
@wilhemj.loboguzman1793 5 жыл бұрын
You are a great teacher
@FlippingMastery
@FlippingMastery 5 жыл бұрын
+Wilhem J. Lobo Guzmán 🙏🙏
@ryancooper1054
@ryancooper1054 2 жыл бұрын
With the quick analysis, how are we determining what the asking price should be?
@lisafranks6099
@lisafranks6099 2 жыл бұрын
When you get within in the 20% and need a detailed analysis, do you go ahead and get the contract before doing the full detailed analysis? So no one pulls it out from under you?
@jaxy4zumba
@jaxy4zumba Жыл бұрын
Hey Jerry.. in all your freebies you offer(so grateful!) do you have an offer letter doc for CA AND Would you just send the proof of funding letter only for the deep analysis?
@serveitup6588
@serveitup6588 4 жыл бұрын
Now asking price vs ARV..... SO I was taught based on arv... should there still be major arv add above that asking price so that your 20% below price makes sense in the after repairs cost?
@keithmace1
@keithmace1 4 жыл бұрын
So, it doesn't matter how close to the A R V (whether over or under) their asking price is?
@rjhodgesspeaks
@rjhodgesspeaks 4 жыл бұрын
Great video. What tool are you using to make these quick analysis?
@lamontaeh5735
@lamontaeh5735 4 жыл бұрын
Hey I know this is an old video but I have a quick scenario question for ya Jerry, most properties on the mls aren’t completely distressed so when it comes to calculating repairs do I just estimate how much it would cost to update the property? Most cash buyers for those properties are just buy and hold investors right?
@FlippingMastery
@FlippingMastery 4 жыл бұрын
If you’re wholesaling, it all depends on what your ideal buyer is going to do to the property. If it’s a fix and flipper, factor a rehab, if it’s a buy and hold, not much for rehab.
@AndyHartleyComedy
@AndyHartleyComedy 4 жыл бұрын
What if the asking price is $15,000 with a house that needs $20k repairs but the ARV says my MAO is $30k? Do I still offer less than what they're asking? Where does that extra money go then? into rehab? My fee?
@SalMondragon77
@SalMondragon77 4 жыл бұрын
Hi Jerry but what about repairs??? Do you kind of estimate repairs by the available pics?? Thanks
@FlippingMastery
@FlippingMastery 4 жыл бұрын
Watch this kzbin.info/www/bejne/e6WmdYqlf7unhac
@angelaborino1521
@angelaborino1521 4 жыл бұрын
Hi, Jerry. I've been watching all your videos and absorbing all of the knowledge. In one of your videos you mentioned we can use your POF to make on market offers. I want to do this! How do I get access? Through Flipster?
@FlippingMastery
@FlippingMastery 4 жыл бұрын
www.my10kcheck.com/ or getflipster.com/
@thespacebetweenourtoes4358
@thespacebetweenourtoes4358 4 жыл бұрын
@@FlippingMastery thank you! Eeeek, I'm so excited!
@bmac5202
@bmac5202 4 жыл бұрын
Hey Jerry what is you Quick Analysis formula?
@patrickknock1976
@patrickknock1976 4 жыл бұрын
If you don't run comps on the property, what are you using as an arv to use in your buy formula? Also what are you using as a repair number?
@copelandrobinson
@copelandrobinson 5 жыл бұрын
If I were able to make 100 offers a month how many deals could I make a month if everything were to go right? 2,4,6...?
@FlippingMastery
@FlippingMastery 5 жыл бұрын
Worse scenario is 100 offers to 1 deal. Only gets better from there. Goal is 10 per 100 offers. Watch this: kzbin.info/www/bejne/iWnbapyLi7l4bc0
@dnasixenterprisellc84
@dnasixenterprisellc84 2 жыл бұрын
Jerry i got flipster. The motivated seller. So these are people who have raised their hands and said i want to sell
@FlippingMastery
@FlippingMastery 2 жыл бұрын
No, they are people who have some kind of distress and might be willing to sell at a discount
@wavyboy2887
@wavyboy2887 4 жыл бұрын
So if it’s off market are you cold calling to submit the offer ?
@TheOriginalCryptoPimp
@TheOriginalCryptoPimp 3 жыл бұрын
I had an ah-ha moment. When I first watched this video I couldn't grasp the concept. Than I started looking at my numbers and noticed some of my offers where close to the asking price. That's when the "20% rule" popped in my head. I was like: thats what Jerry meant. I needed to see it for myself. Thanks again.
@OHYOYO007
@OHYOYO007 3 жыл бұрын
Hi Ronald, I have watched this video about 100 times and still can't grasp the concept, I've looked at my numbers, for different properties, for a few weeks and I still can't "crack the code" if you could please help me out, as to how you understood it, it would be greatly appreciated. Thanks, Chris.
@DustinHahnREI
@DustinHahnREI 5 жыл бұрын
Hey Jerry! Do you have any examples of the contracts you use to include realtors? I've never included a realtor in it, or made offers with a real estate agent/on the MLS. thanks!
@FlippingMastery
@FlippingMastery 5 жыл бұрын
+Modern REI You don’t have to worry about. The agent will use their state approved contract
@kutekittiesvids258
@kutekittiesvids258 2 жыл бұрын
@@FlippingMastery it would just have to include contingent plans where you could back out of anything doesn't seem right Jerry's got another video about that 10 things to include on the real estate deal
@AnytthinggGoes
@AnytthinggGoes 2 жыл бұрын
Jerry, When you say shoot out offers, do you mean talk to the seller, tell him your offer, and then send an email with the offer in writing or do you mean email him a contract with that offer price? OR isit advisable to send a text to the seller saying that you want to make an offer of $__ on his property?
@FlippingMastery
@FlippingMastery 2 жыл бұрын
Best to give the offer verbally. Follow ups can be text/email
@shashgo
@shashgo 2 жыл бұрын
@@FlippingMastery okay, but when i email them to follow up, should i send an email saying my offer, or is more effective to send the contract
@VirtualZOO11
@VirtualZOO11 4 жыл бұрын
You mentioned that you are a licensed broker since 15 years... do you disclose that when you making offers?
@FlippingMastery
@FlippingMastery 4 жыл бұрын
Yes
@kbrown6819
@kbrown6819 4 жыл бұрын
Jerry great video. If you don’t pull comps to figure out if you are more than 20% than the asking price, who do you know what the offer will be be? And if you not looking at the property how are you determining the rehab cost in the equation? Thank you buddy.
@FlippingMastery
@FlippingMastery 4 жыл бұрын
my deal analyzer instantly runs a big picture analysis. my new comp tool is fast as well. this may help: kzbin.info/www/bejne/mpKng6d5rtammNE
@bigbisket1
@bigbisket1 5 жыл бұрын
Hello Jerry, when working with realtors & making low ball blind offers of 20%-25% below list, what list of properties(criteria) are you targeting? Thanks buddy.
@FlippingMastery
@FlippingMastery 5 жыл бұрын
+Shannon Bevel Distressed properties (dated, disrepair, vacant, etc)
@derrellbledsoe7691
@derrellbledsoe7691 4 жыл бұрын
Quick Question: (I completely understand the 20% over and under process) but the actual offer process is what I have a question about... When reaching out to the Listing Agent, are they generally offering to make a verbal offer first to the seller, no matter where your MAO number is (unless its over list price) &Unless they (agent) feel the seller may accept your MAO offer, then they present a written offer? Because what if the agent still doesn’t believe the seller would accept even $5k under list price... (I know its not the agent job to determine that), but we HAVE to work with the seller through them. So, what I trying to say is, Unless the agent knows the sellers bottom line, do we just suggest and motivate(double-dip) that the agent always make a verbal first? How do we or when do we come about the written through the listing agent?
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