Ahhh.. the FREE lazy way to find distressed properties.
Even though you want to get 3 good selling agents to sell your properties, since I teach you how to find buyers and sell properties better than a Realtor, more important is that you hook up with at least 3 "REO Specialists".
I know many big time buyers that buy all their properties from REO Specialists because it's a smooth and simple process so make sure you hook up with 3 ASAP, capisce?
My 3 in St Louis were Marc Kutten, Michelle Syberg, and Steve Lorusso, I'm sure they're still in business so you can google them out for a real example of what you want.
Get on their "Buyers List" and they will make sure that you always have an updated list with bargains,
They even know what the properties retail (FMV) for when you sell them after fixing it, just ask for "comps".
What is an REO Specialist?
An REO Specialist is a real estate broker that lists properties for banks.
Their job is to find you and sell you foreclosed properties.
You treat them right and they will call you giving you heads up on hot upcoming deals not yet listed, caching!!!
SELLS PROPERTIES FOR BANKS?
Let me explain...
If you don't pay your mortgage payments then the bank forecloses on your house at sells it at auction, unless you talk to me and I save your house or buy it.
If nobody bids on the house at the auction then "it goes back to the bank".
IT GOES BACK TO THE BANK?
That simply means that the bank becomes the owner of your house.
The bank is not in the business to market it's Real Estate Owned (REO) to investors like me so they hire a broker, that's an REO Specialist.
The REO Specialist will have a hot list of bank owned properties for sale and you want an updated copy.
Then simply shove the addresses into The Real Estate Funel and bring it to me, we'll get the money or buyer lined up and prepare to close.
WHAT IS THE REAL ESTATE FUNNEL?
It is what I call my Real Estate Business Format System.
A predictable and systematic approach to successful Real Estate deals.
IF YOU ARE COACHABLE I WILL GET YOU THERE TOO
FAILURE IS NOT AN OPTION!!!
There is obviously much more to it, this sample lesson is simplified, and I can teach you if you are coachable.
Are you coachable?
I have a simple "Mr. Myagi type wipe on / wipe off" approach that has worked on my entire team of students the past 20 years.
Want me coaching you and even going with you?
As partners I am 100% vested in your success and will push you there myself.
Only your resistance to my instructions leads to failure.
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HERE IS WHAT TO DO
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