In this episode, Jeff discusses the latest market news and how millennials hold our future as real estate investors. An article posted on Facebook last week listed opportunities everyone should be looking out for. Jeff also covers some things he saw at Flip Hacking Live, such as flippers finding product and selling product. He talks about good places to get deals, a good deal with multiple exit strategies, how to establish a purchase price, and situations we should take advantage of as great opportunities to make deals. There is a dichotomy going on which is a potential perfect storm for clients, but there are consequences from having more people in this space. Jeff wraps up with all you need to know about a buyers list.
Mentioned Resources:
About Blair:
Blair is the founder and creator of Dealbot, a motivated seller lead generation company, and has managed nearly $2mm in marketing spend and generated over 100,000 motivated seller leads. He also buys and sells houses himself in the Winston-Salem and Charlotte NC markets, and in the past year alone has acquired nearly $3mm in cash flowing rental properties with zero money out of his pocket.
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Timestamps:
00:38 – Welcome and start-up: Economic situation and market’s latest 24-hour news. Millennials hold our future as real estate investors
05:54 – Article posted on Facebook with opportunities: latent foreclosures; between 10 and 12 million potential houses could be in default
08:25 – About Flip Hacking Live: Flipping houses, wholesalers, flippers finding product and selling product, and outbound calling; Facebook ads and organic marketing
10:24 – A good place to get leads
12:19 – A good deal with multiple exit strategies: term deal and wholesale deal
22:23 – Establishing a purchase price
29:52 – Great opportunities: situations where owners want to sell but don’t want to displace renters
32:58 – Marketplace: dichotomy going on which is a potential perfect storm for clients and consequences from having more people in this space
34:41 – Buyers list: wait until you get a house to sell a house, or develop a buyers list
36:21 – Wrap-up
To listen for more firsthand experiences from real investors and entrepreneurs, what they learned from them, and their perspective, please go to blairhalver.com!