Finding 50 Legit Cash Buyers Live (For Free And In Less Than 20 Minutes) | Flipping Mastery Breakout
Wholesale Hotline | Brent Daniels
Wholesale Hotline
4.9 • 586 Ratings
🗓️ 7 January 2024
⏱️ 22 minutes
🧾️ Download transcript
Summary
Today on the Wholesale Hotline Podcast (Flipping Mastery Edition) Jerry shows you exactly how to find cash buyers for your real estate.
Show notes -- in this episode we'll cover:
- The exact process and software Jerry uses to find cash buyers.
- Jerry explains why he uses the filters he does.
- Tips Jerry uses everyday to find buyers.
Please give us a rating and let us know how we are doing!
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☎️ Welcome to Wholesale Hotline & Flipping Mastery Breakout! ☎️
Jerry Norton went from digging holes for minimum wage in his mid 20's to becoming a millionaire by the age of 30. Today he's the nation's leading expert on flipping houses and has taught thousands of people how to live their dream lifestyle through real estate.
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Transcript
Click on a timestamp to play from that location
| 0:00.0 | Hey, it's Jerry Norton. Welcome to the Wholesale Hotline podcast and the Flipping Mastery Breakout. |
| 0:08.0 | We want to know how we're doing, so please leave a comment and give us a rating. |
| 0:16.0 | Once you secure a contract with a seller, the very next thing you need to do is find a cash buyer that you can wholesale your deal to. |
| 0:23.6 | I'm going to show you two ways that you can find your next cash buyer for free using prop wire. |
| 0:29.6 | Now, if you've never heard of prop wire, it's a revolutionary new software where you can search and download an unlimited number of records nationwide, over 57 million |
| 0:39.3 | records nationwide. I'm going to show you how to find cash buyers. So if I go here to my screen |
| 0:43.9 | here on PropWire, if you go to joinproppwire.com, you'll see a search bar here across the top. |
| 0:50.1 | The first thing I'm going to do is I'm going to look up the area where I've got a deal. |
| 0:54.6 | So once I've got a contract on a deal, I'm going to use an example of a deal that we've got right now in Washington State. |
| 1:01.6 | And this is actually a deal we just assigned for a $30,000 profit. |
| 1:06.1 | And this property is located right in this pocket right here, right on this street, a 19th drive. |
| 1:12.1 | And you can see here it's a little bit, you know, more rural over here, definitely more city |
| 1:16.4 | over here in Marysville. I kind of want to look at this whole area right here for a cash |
| 1:21.5 | buyer. Now, why? Well, investors, cash buyers, whether they're flipping or they're buying and holding, they love to reinvest in areas where they previously invested. |
| 1:32.4 | So your ideal buyer, we call them VIP buyers, are going to be local to your deal. |
| 1:37.4 | So close by, and they're going to be active, meaning they're doing things recently. |
| 1:42.7 | They're actively investing. |
| 1:45.8 | So a cash buyer that did a deal five years ago isn't as relevant as a cash buyer that did a deal yesterday or last month. So we're |
| 1:51.5 | going to be looking for buyers that are local and they're active in the market where our deal is. |
| 1:57.3 | So if my house is right here in this general area, then I kind of want to look at everything |
| 2:02.2 | going on in this area. So first thing I'm going to do is I'm going to go up here to my draw |
| 2:06.1 | feature, and I'm going to actually highlight this area here. I'm going to use my mouse, and I'm |
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