#8 | With Special Guest Jerry Norton
Wholesale Hotline | Brent Daniels
Wholesale Hotline
4.9 • 586 Ratings
🗓️ 7 April 2020
⏱️ 104 minutes
🧾️ Download transcript
Summary
EPISODE 8: Jerry Norton
- How much Jerry is discounting offers in anticipation of a possible market downturn
- How to make an offer WITHOUT seeing the property
- Brent’s advice for overcoming the fear of cold calling
- What Jamil is seeing in terms of housing inventory across with country, and how it impacts wholesalers
- Hard money!!! How it impacts cash buyers, wholesalers, and pricing… how interest rate and down payment terms are changing
- Jerry’s TWO-STEP process for talking price with sellers
- LAND!!! How to COMP it and come up with an offer price… why and how Jerry buys most land based on terms
- 2 things you must find out before going into a virtual market
- THREE simple ways to quickly estimate rehab costs
- What Brent, Jamil, Pace, and Jerry would each do if they were brand new wholesalers and had to get a deal in the next 30 days with only $1,000
- Assignments vs. double escrows, and when to do one vs. the other
- How to handle sellers if they get mad about how much you’re making on a deal
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Transcript
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| 0:00.0 | You're listening to Holesale Hotline. |
| 0:06.6 | The only real estate podcast were wholesalers from around the country, ask questions, and get live answers from hosts Jameel Damje, Brent Daniels, and Pace Morby. |
| 0:16.3 | In each episode, they tackle real- situations with real life solutions and break everything |
| 0:21.1 | down into simple steps you can take immediately to generate more leads, get more contracts |
| 0:26.2 | signed, and do more deals. |
| 0:31.7 | Yo, guys, welcome to Wholesale Hotline. |
| 0:37.3 | We've got Jerry Norton, special guests. I typically |
| 0:41.2 | am the guy that talks the most of today. I'm going to talk the least. And I'm going to be |
| 0:44.9 | making sure that everybody's questions, everybody's comments pop up on the screen. And I'm going to |
| 0:50.2 | give more time to my good friend, Jerry Norton, Brent Daniels, and Jamil Damgey. |
| 0:55.4 | You can follow all of these guys on Instagram if you already are not. |
| 1:00.6 | Jerry Norton, what is your Instagram? |
| 1:03.0 | Is it flipping mastery? |
| 1:05.3 | Flipping mastery, yep. |
| 1:07.0 | Love it. |
| 1:07.3 | So you guys need to be following Jerry Norton. |
| 1:09.1 | He is a good friend. |
| 1:10.0 | He's been doing so much in this business for so long. Go listen to his story. I've listened to him on Steve Trent's podcast probably three times in the last year since he aired on there. It's a great story. Amazing, amazing story. So guys, without further ado, please jump in and give 10 seconds |
| 1:30.0 | about how people can find you and then we'll jump into some questions. |
| 1:36.2 | That's you, Jay. |
| 1:39.4 | Who's first? |
| 1:40.1 | Hey, all right, guys. You can find me. Brent Danielss the only one that wants to talk on this damn channel. |
... |
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