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Anthony Russo’s business partner, Randy Paulson, talks about motivated sellers and working with realtors in this video. Discover the two “bottom line” reasons why sellers are motivated and the cardinal rules for buying and selling houses. Learn where the “real world” opportunity in real estate lies. Get a refresher on the foreclosure process in the New York-New Jersey-Philadelphia area and the traits to look for in sellers who are into foreclosure and pre-foreclosure. The latter part of the video discloses the 4 specific tasks that you need a realtor to do for you. You’ll also get an updated definition of comps, or comparable sales. Watch this video now.
Randy Paulson, Anthony Russo’s business partner, will be taking over the floor in this video. He’ll open it with a common misconception new real estate investors have. He will proceed with the difference of a pretty house and an ugly house, based on a marketing perspective. Apart from discovering the qualities of a “pretty house,” you’ll also get some tips on doing cosmetic rehab on the property. What 3 parts of the house should bear the house number? Want tips on exterior and interior paint? How would you pass inspection requirements? Watch this video. Paulson and Russo are experts in various investing fields, including subject-tos, rentals, rehabbing, and wholesaling.
The ultimate aim of this video, says Jerry Norton, is to teach investors how to make a rehab estimate within 15 minutes. If you haven’t done rehab estimating for your fix and flip business before, you better watch this video now. Listen attentively as this successful Michigan investor gives an in depth discussion on estimating windows, roof, driveway, and other parts of the house – using the estimates that he actually utilizes for his own business. Discover how he does a total bathroom rehab – everything new – for only $2,000 and why estimating cabinets is very tricky. How do you factor in odd jobs and miscellaneous items? What’s a good estimate for permit costs? How do you make a detailed rehab checklist? Jerry Norton will answer all those questions for you.
Real estate investor Jerry Norton believes that evaluating target areas is crucial in real estate investing, especially when fixing and flipping properties. This clip, part of his comprehensive set of fix and flip videos here at REI Wired, will teach you how to evaluate target areas – as a seasoned pro does. He divides target areas into several levels and discusses in detail the pros and cons of each level. He starts with the lowest level, which he thinks is a risky niche for many investors. Jerry Norton, whose rehabbing business is based in Michigan, also included pictures and figures of actual fix and flip deals he closed. And for those needing some motivation, watch out for the house that allowed him to net some $74,000 in profits. Having trouble evaluating neighborhoods? Watch this video now.
Real estate investors should spend more time looking for deals, not looking for lenders. In this video, Fix and Flip Funding, Michigan real estate investor Jerry Norton reveals some of the best sources of financing for rehabbing homes. Watch and listen as he shares the secrets of his private investor program, which he uses to get private money funding. What is a personal guarantee and when should you give it to an investor? What should be your selling features to a private investor? What is an equity partner? Jerry Norton will also give an in depth explanation on borrowing hard money. What questions should you ask a hard money lender? How do you calculate your daily, monthly, and annual interest? Learn all that and more from this video now.
Jerry Norton has a very comprehensive system available for your education here at REI Wired. But before you watch any of them, you better view Fix and Flip for Profits Intro. In this video, Jerry shares his beginnings and why you should believe every single word he says. He’ll tell you how he ended up fixing and flipping houses from initially owning rentals. More importantly, you’ll need this video to understand some common terms he uses in his lectures, like comping, LTV, and ARV. This Michigan investor will also explain the difference between a buyer’s market from a seller’s market, understanding market trends, and the four main areas of the fix and flip process.
Oklahoma City real estate investor Scott Nachatilo exposes four huge REI mistakes that prevent real estate investors from becoming rich in this video. Joined by mentoring partner Robert Elder, Scott discusses how you can succeed in buying and holding real estate. He will tell you how you can build a portfolio of free and clear rental properties that yield positive and passive income. Scott Nachatilo, owner of Integrity Home Buyers, will also divulge the keys to borrowing money from banks to ensure you have financing for every deal you find. He and Robert will also talk about using other people’s money in debt reduction, real estate appreciation, and the equity multiplier effect. You’ve heard about motivated sellers, but what about unmotivated sellers? Finally, get more insight on bank owned homes how they’ll help you amass a fortune. Watch this video now and learn all of this now.
Watch and be inspired as Oklahoma real estate investor and mentor Scott Nachatilo interviews a millionaire landlord. Listen to the story of Robert Elder, who grew his portfolio of rental properties from one multi-family home to over 260 houses to date. Scott Nachatilo also asks Robert Edler about using bank financing and how to approach banks as an investor and not as a home buyer. Take notes as Edler shares some of the mistakes he did when starting in the business and how he manages the headaches of being a landlord. By the way, this landlord also does wholesale deals. Finally, he’ll tell you what kind of attitude you need to have to become a millionaire through buying and holding real estate.
Get 5 vital fix and flip tips from Maryland real estate investor Vernon Vaughan. For rehabbers who are confused with choosing bath tubs, this video is for you. Listen he Vernon tells you how you your property leave as lasting impression to prospective buyers through the bathroom. He also shares a tip to secure rehabbing materials at a discounted price. Having trouble with contractors? Avoid getting over-billed with this help presentation. Vernon Vaughan also touches on staging homes, demolition, and finding general laborers online in this short but sweet video.
Baltimore real estate investor Kenneth Gills III will teach you what the actual key to effective negotiation is. Learn how you can talk your way to wealth by getting more “yes” responses from your prospect clients. Using his actual wholesaling experiences as examples, Kenneth Gills will show you how to determine the real value of the property by listening to the seller. What negotiating lesson do you have to learn from girl scouts selling cookies? How do you make the other party think that you’re an expert? Is establishing eye contact always healthy when negotiating? Who’s the better negotiator, men or women? Don’t watch this video right now and regret not knowing the answers to these questions for life.
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