Finding Properties & How to Start Sourcing

[@AmaNur-z7d]

Indeed, it is a complete educational course, although I am not very good at English, but I translated it into my language, thank you

[@NY-Dani]

Genuinely wish you all the best. You give honest advice and tell the truth unlike some unethical people in this game.

[@JustinWilkins]

Appreciate that a lot! Thats one of the main goals of my videos!

[@fatherandsonproperty1883]

Brilliant video Justin, keep pushing forward 🏡🏡🏡

[@sunilhpatel]

Great session, looking to get started in property investing. Thank you

[@JustinWilkins]

Thanks Sunil, appreciate you watching 🙏

[@tf2368]

Agree on TMW I got a mortgage with them on a BTL this year and they were well over the top, at one point they even withdrew the mortgage offer two months later and did another credit check and asked more questions

[@Mystical-World]

Nice & informative video... thanks!

[@JustinWilkins]

Pleased to hear it, thank you!

[@fatherandsonproperty1883]

Also had issues with TMW, down valued a remortgage by £20,000 and I couldn’t anything about it, that changed my plan and caused me a problem to buy another property I was hoping to buy in August 2021, Just delayed my plans until December 🙄 Keep finding solutions 🏡

[@DbDb-p8x]

How do I reserve a house for rent or sell after sourcing a deal on Rightmove? Do I need to provide a deposit and inform the landlord or agent to secure the property? Additionally, should I share the reserved deal with potential investors, or do I secure the property first and then approach investors? Can you please explain this process?

[@cancer2361964]

When you want to set up a business as a sourcer. Do you set up as a sourcing business or construct a business and include the components for doing sourcing

[@JustinWilkins]

Correct! But the best way to start is to just find great property deals and collaborate with sourcers that have good contacts and investors!

[@BenMansfield2023]

great work 🔥🔥

[@JustinWilkins]

Thanks 🔥

[@junecorriette6651]

How Do you pick your assets to buy

[@cancer2361964]

Do you have a How to set up a property business

[@samhansen794]

Hi Justin, great session full of value. I'm now a compliant deal sourcer but want to start with co-sourcing to get the ball rolling. Would any of your investors be interested in properties in the North East?

[@7jassal]

Hi Justin, Just looking to buy my first ever brrr project. Would you say to use mortgage or bridging? Thanks

[@yoyo895]

Hi Justin. I found this a really helpful and interesting watch. I'm also an investor based in the Midlands. I'd be open to passing on good deals on a spllit fee basis if you were interested. What's the best way to get in contact to discuss?

[@lindsaywaistell208]

Are a lot of property people starting to think about air b n bs ? Have you thought about this?

[@cancer2361964]

How do you construct a deal with a sourcer to co-sourcing

[@JustinWilkins]

It’s fairly easy, I’ve worked with several co-sourcers! I have a course on how to become a Sourcer if you wish to learn 🤝

[@tonyyuille]

HiJustin what are your thoughts on upfront payments? I have been speaking to a few deal sourcers and they want half of the fee upfront, on the understanding they will find me a property in 90 days does this sound unusual ?

[@JustinWilkins]

Hi Tony, it’s a similar way that I run my sourcing company, and I know lots of other companies do that too. Money is taken upfront as commitment, as a lot of time and effort goes into finding our clients deals 😃 that’s why it’s super important to do your due diligence on the person / company you are working with. Their amount of time in business and reputation.

[@cancer2361964]

How do you Co source and what contract can you use

[@paulcoates3860]

Yes what up with TMW lender, i had a BTL 7 yrs, sold it then tried get another BTL with TMW n they said no i might mive in it?? So much for a track record😢

[@cancer2361964]

As a beginner what is the best strategy when you do the brrr strategy

[@sunilhpatel]

How much is your course? Thanks

[@JustinWilkins]

sourcingstartup.com 🤝

[@andreeas2717]

Hi Justin, what about sourcing via auctions?

[@JustinWilkins]

Auctions are a good idea! Sourcing them to other investors is very tricky due to the auction timeline and commitments required.

[@StevenTierney-j5w]

How much do you need to get your first BTL

[@JustinWilkins]

Depends on the purchase price. For the average £100,000 property, you’ll be looking at around £30,000 for deposit and fees.

[@StevenTierney-j5w]

@@JustinWilkins thanks for the reply Justin really enjoyed the LIVE stream last night. You say £30k for deposit and fees would this include your sourcing fee?

[@cancer2361964]

How do you create an investor list what do you include in the table

[@cancer2361964]

I do not have a car for distance properties at the moment should I start within my location or area first

[@viuvenitlalumina]

find me properties around leeds bradford and doncaster that are in need of renovation, without auctions, and get in touch, thanks

[@maxelbrig1315]

Top content mate - keep it up...soon you will be the better version British of cardone ;) not scammer...

[@JustinWilkins]

Haha they'll call me Uncle J 😅

[@lukeferguson9010]

Why is grant a scammer?

[@cancer2361964]

Do you have contract for dealsourcing with someone

[@JustinWilkins]

Yes the investor and Sourcer should have a contract between them to protect both parties!

[@cancer2361964]

If i wanted to refurb into a hmo property and sell it what property size or bedroom number should I look for

[@JM-tm4hb]

It is almost funny you are comfortable (ish) telling how much you earn from sourcing but not about how much your training cost.

[@JustinWilkins]

Not sure why this matters? Out of interest. Sourcing is a service that any investor can use and benefit from. Where as my mentoring is only for beginners investors where I’m able to add a certain amount of help and knowledge. If I promoted it publicly and made it available for people to purchase then I’d get the wrong people coming through.

[@JM-tm4hb]

@@JustinWilkins It does matter as it adds credibility. I want to know that the person I am trusting my training (and potentially how I spend my life savings) is not afraid of telling me how much they want for their services. Otherwise, is like expecting someone to go to a job interview without knowing the salary. Most people complain they don’t have enough customers. As you seem to be more concerned about attracting the “wrong people” I wonder if you are not also preventing the good ones to actually apply.

[@JustinWilkins]

@@JM-tm4hb Really good feedback, thank you. For complete transparency, attracting the wrong people is a concern for me, as I much prefer to work with 40 people per year and help them get a really high % of results, rather than working with 200 and not giving people the right attention. But you are right in the sense that I might miss out on the "right people" by not advertising it correctly. Feel free to drop me a message on instagram and il share the price with you. I'm not purposefully trying to hide the price from you, I just want to meet people committed to learning and that I think will benefit from my mentoring.

[@cancer2361964]

What is your sourcing process you did not tell us