Hey friends, welcome back. Listen if you've been watching me and Jerry
breaking it all down on the game of flipping and how to get in, today we're
going to be jamming on this concept of "I found a deal. Now, how do I find my cash
buyer?"
So, Jerry listen, they watched one of our other videos, they they got a fantastic
deal and their saying, "Okay, I don't want to be the flipper on it. I don't want to
do all of the work on it. I like Kris's least money, least time, least effort.
Let's just get this thing done, let's get paid some quick money." How do they
actually find someone that is willing to pay them for that? How do they do it? Okay,
well great. Well first of all, I want you to know that there are investors out
there that are looking for deals. A lot of them like landlords and even a
lot of fix and flippers, they're kind of lazy, right? They don't want to have to go
through all the work to like find that good deal. They would love it if someone
just brought it to them and handed it to them on a silver platter. Which is what
we're talking about. -- Wholesaling. So, these investors, they're out there and they
want these deals... And let me share with you, I've got a ninja tactic. One of my
favor strategies. It works really well. Let me share it? Well, okay. So, this is
cool. So, what you're going to actually do is you're going to tell us
where we go to find people with cash that will fund your deals? Yeah. Good
point. So first of all, your buyer, you want to be what we call a cash buyer or
a cash investor. And basically what that means is these are dudes with or
dudettes, I guess. These are people with money and they're looking for deals. It's
either their money or they've got funding behind them. And they come in
with that cash and they buy these deals. Dude, you know what I love about cash
buyers? Cash buyers can perform. Oh yeah. If you're trying to like, "Well, I'm
waiting for the bank to, maybe the loan will go through." Dude, there
are so many reasons why that won't work in a number of scenarios. So, if you have
someone that, anytime you hit here that you're transacting real estate and your
buyer has cash. All of a sudden, your stress levels like, closes quickly.
They'll close quickly, don't worry about repairs. You're not going to worry about
whether the banks say that you're a qualified or not. They've got on money in
the... So, how do you find them? Okay, so here's a really, really awesome ninja
tactic. So, on the MLS, which is the Multiple Listing Service, right? That's
the... That's what we call on market, right? So, that's transactions that happen where
real estate agents are involved. And just for those of you that are watching like,
"MLS? What're you talking about?" There is, on the Internet all around America and
most places around the world. Each county or area, there's many of them. What they
basically do is all the Realtors get together and they say, "Hey, let's take all
the deals for the whole area and let's put them in one location. So
someone could go online or work with a realtor, we can all see each other deals."
That's the Multiple Listing Service. So you basically go to that website for
your area or work through a realtor. And on that device, that tool, what are you
searching for? Well here's what happens. Every time there's a closing transaction,
this is all transactions. There's a field there which they indicate how it was
paid for. So, it could be you know FHA, could be conventional, could be VA. Those
are all loans. Yeah, those are all types of loans and one of the categories is
cash. So, it actually says on there, "Cash." Meaning that buyer who bought that
property paid for cash to but it. Are you freaking kidding me? No. Are you going back and
doing a search in that area for all the cash buyers? That's exact. And you get all
their contact information? It gets better than that. So, imagine this: You've got a
deal, now imagine it's on a pin on the map. Okay, this is... When you set ninja, I'm like,
"I don't know, we'll find out." Okay, I'm like the 1 to 10 ninja scale, this is a like a
full 10 ninja tactic. This is cool. So, imagine a map in your deal, your contract. You put
it on a pin. Then you're going to go in the MLS or have an agent do it. You're going to
do a radius search of half a mile or even a mile around where your deal is.
Then you're going to put the filter in that says, "Show me all of the cash closings in
like the past six months." Okay. Now, what better cash buyer list could you have?
Think about it. They look, they know the area. It's under market, they've done
a deal in the last six months. They're cash. Almost
all flippers... They might actually be done just having to flip the deal and they're
waiting for their next one. They all, anybody, all investors love to do deals
in the market they're already doing deals. Yeah. So, when you can come and say,
"Hey, I saw that you bought a house, you know, a month ago, next door or
across the street." I got another one. Do you want it? Not only that
but you see what they bought it for? So, you know their price
range, you know their neighborhood, so you... You could
even go reverse even before you find the deal. You could even actually go and
build a buyer's list. Now, when they do the search, well they... Will you be able to
get their name and their phone number and things like that? Well, it'll just have... If
you do... If you backdoor in the public records. So, you could do a little
research, you're going to have to find out who that buyer was and then contact them.
Okay. You know. But you can. So, the county records are free online. It is ridiculous
what you can search. It's like, you got all your underwear hanging out online.
Everyone else does, no one just knows it but when you go to the County web... Like
that's just there the other day. I typed in my house and everything comes up. I'm
like I feel kind of naked right now. Anyone could
track me down and... It's all public information, yeah. So, basically if you get the
list, you can track them down very easily. Yeah. And all the sudden it's like, "Hey, I
got your information. I saw you did a deal on such-and-such address. I've got
one on such-and-such address, it's very similar. Check out the numbers on it. Let
me know if you're interested." And boom! You have a buyer. Yeah, I'll tell you a cool
story where I did this. So, I got this contract. And then I did this
search here and there was one buyer that had bought like 5
properties. I mean he was on like a buying spree. and I was like, "Oh my gosh,
I've got to find this guy." He's like, before he spends all his money, right? And
so... But I could not track him down. So, here's what I did. And this was in a
rental market. So, I went to one of the properties that he had bought, cash. I
knocked on the door. The tenant actually answered the door and I think his name
was Rin. He was Cambodian guy. And I said, "Hey, I'm looking for Rin." And he
says, "Oh, that's my landlord. Do you want his cell phone?" Hello. Dude, that's awesome.
So, I call him up. I say, "Hey, I got a property. I'm looking to sell. It's around
the corner." He said, "I'll be there in 10 minutes."
He meets me in 10 minutes, we sign a thing. Done. Wholesale to deal $6,000. Dude,
that is freaking money. Like dude, I had no idea I was going to be learning some
really cool stuff going down here. Friends, Jerry has just broken down for
you probably one of those ninja ways I've ever heard of. There's a lot of ways
to find people with money. But that's an insider secrets.
That totally freaking takes the cake. Thank you so much. So awesome. Hey, thank you
so much for watching today. You should be a subscriber. If you're not a subscriber,
make sure you do subscribe. And Jerry's got one final hookup for you. If you like
that ninja secret, then check this out. Yeah, this is even better hopefully. So,
I'm looking for deals guys. I buy deals all over the country. I've got systems in
place where I can buy these deals, fix them up and then flip them. My biggest
problem is I need more deals. Now, I've built a nationwide referral network. What
that means is, people like you that can go out and find these deals. Bring them
to me, I'll pay you $10,000 for every deal that you bring me. Okay,
that's hot. And by the way, that's better than $6,000 that Rin made you? Yeah.
Mr. Moneybags over here. He's got the money. He's got out lined up and he's going to
hook you up on your next deal. Jerry thanks for playing today. And gang, we'll
see you on the next video. Click the link in the description below. Hop on the
webinar. You're going to get all the details, all the information about how Jerry can
pay you $10,000 every time you find one of these deals. And after you've done a
handful of them, guys you don't have to wholesale them. You could do the deal. You
might make 30,000 or 50,000 or whatever you're going to make on the deal. But you
now have multiple options of how you can find buyers. Because guess what? Jerry
will be your buyer.
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