5 More Methods for Finding Off Market Deals Before Your Competition | 454
Epic Real Estate Investing
Matt Theriault
4.7 • 955 Ratings
🗓️ 27 August 2018
⏱️ 18 minutes
🧾️ Download transcript
Summary
Matt Theriault shares 5 more methods for finding off market deals BEFORE your competition on The Epic Real Estate Investing Show! Learn the 5 methods, how to approach relationships for optimal results, 2 things to consider when forming your own "media company," and much more.
Transcript
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| 0:00.0 | This is the Epic Field Report. |
| 0:04.0 | So, hey, Jay, tell me, what market are you in? |
| 0:08.0 | I'm in Oklahoma City. |
| 0:09.0 | Oklahoma City, perfect. |
| 0:11.0 | And I noticed your big win on our follow-through Friday inside of the pilot program and you got your first deal done. |
| 0:17.6 | It says you closed your first deal, got a tenant in on rent to own. |
| 0:21.6 | It was a fast deal, so I unfortunately had to put out some cash but I broke even with the |
| 0:27.0 | tenant's deposit looking for the next one. So, congrats. Thanks. Yeah. Sorry stumbled through that. The type is kind of small here, but super. |
| 0:35.0 | So you got your first deal. |
| 0:36.8 | How did you find this deal? |
| 0:38.4 | I found the deal because I've been networking through meetups and REI here locally in Oklahoma City and just got to know an investor. |
| 0:50.0 | He came across it through one of his abandoned signs and he closed the deal. It was his first deal and he got cold feet |
| 0:58.0 | He just kind of was worried about it at a meeting and talking about it and I said hey if you're looking to sell it |
| 1:03.3 | I'll you know I'll take it off your hands and so he had put some money down and stuff so I |
| 1:08.2 | just kind of matched his money so he broke even on the deal and talked to his private lender and they basically swapped the mortgage over and |
| 1:16.5 | did the Quick Claim deed put my name on it and I posted it on Facebook Marketplace, |
| 1:22.1 | showed it for three days straight, and then I set it up to where for two |
| 1:27.0 | hours on a Friday, that was like the last showing and it worked out really well, kind of got |
| 1:32.1 | into a little bit of a bidding war, so to speak, |
| 1:35.7 | between people that were wanting it. |
| 1:37.4 | So it worked out. |
| 1:38.4 | Awesome. |
... |
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