STOP Analyzing Deals -- Do This Instead (Brain-Dead Easy) | Flipping Mastery Show
Wholesale Hotline | Brent Daniels
Wholesale Hotline
4.9 • 586 Ratings
🗓️ 20 October 2024
⏱️ 19 minutes
🧾️ Download transcript
Summary
Today on the Wholesale Hotline Podcast (Flipping Mastery Edition), Jerry is here to tell you to stop overthinking the analysis of deals.
Show notes -- in this episode we'll cover:
- Jerry emphasizes that you don't need to use excessive brainpower on analyzing deals upfront.
- Focus on a fast, down-and-dirty calculation to determine if there’s any seller motivation before diving into detailed numbers.
- The two-phase approach: Start with a simple offer to uncover motivation, then move to a detailed analysis only if the seller shows interest in negotiating.
- Jerry offers a free As-Is value calculator to make the process of analyzing deals easier, allowing investors to make offers quickly without wasting time.
Please give us a rating and let us know how we are doing!
➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖
☎️ 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.
**NOTE: To Download any of Jerry's FREE training, tools, or resources…
Click on the link provided and enter your email. The download is automatically emailed to you. If you don’t see it, check your junk/spam folder, in case your email provider put it there. If you still don't see it, contact our support at: support@flippingmastery.com or 888) 958-3028.
➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖
💲 USE THIS LINK FOR DISCOUNTS AND FREEBIES TO USE IN YOUR BUSINESS: 💲
Make $10,000 Finding Deals:b https://flippingmastery.com/10kpod
Get 100% funding for your deals! https://flippingmastery.com/fspod
Mentoring Program: https://flippingmastery.com/ftpod
FREE 8 Week Training Program: https://flippingmastery.com/8wpod
Get Paid $8700 To Find Vacant Lots For Jerry: https://flippingmastery.com/lfpod
FREE 30 Day Quickstart Kit https://flippingmastery.com/qkpod
FREE Virtual Wholesaling Kit: https://flippingmastery.com/vfpod
FREE On-Market Deal Finder Tool: https://flippingmastery.com/dcpod
FREE Wholesaler Contracts: https://flippingmastery.com/wcpod
FREE Comp Tool: https://flippingmastery.com/compod
FREE Funding Kit: https://flippingmastery.com/fkpod
FREE Agent Offer Sheet & Scripts: https://flippingmastery.com/aspod
FREE Cash Buyer Scripts: https://flippingmastery.com/cbspod
FREE Best Selling Wholesaling Ebook: https://flippingmastery.com/ebookpod
FREE Best Selling Fix and Flip Ebook: https://flippingmastery.com/ebpod
FREE Rehab Checklist: https://flippingmastery.com/rehabpod
➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖
🔌 PLUG IN & SUBSCRIBE 🔌
SUBSCRIBE: Jerry Norton and Flipping Mastery TV
FACEBOOK: http://www.Facebook.com/flippingmastery
INSTAGRAM: https://www.instagram.com/flippingmastery/
➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖
🤝 #SQUADUP & GET MORE DEALS DONE in the Wholesale Hotline LIVE Facebook group: https://www.facebook.com/groups/759418414582645 🤝
‼️‼️Pro tip: Make a post with your market & what you need help with‼️‼️
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 | Jerry Norton here, and when it comes to wholesaling real estate, one of the biggest things people |
| 0:22.3 | get tripped up on is the analysis. Now when I say analysis, I'm talking about comping properties, |
| 0:28.4 | getting to an ARV after repair value, how do we determine the offer price, what is our maximum |
| 0:34.6 | allowable offer? It's the whole part of the step where we're trying to figure |
| 0:39.3 | out what is a good price that if I can get the deal at that number, I can turn around and |
| 0:44.0 | wholesale it for a profit. When we look at our steps of doing a deal, you got to find the deal, |
| 0:48.5 | you got to analyze it, you got to make an offer, you got to find a buyer, and then you assign your deal and you get paid. Like that's the breakdown of what a wholesale deal looks like. And again, this is the part where everybody gets tripped up on. I got this question the other day. It says, I noticed I spent a lot of time comping more than anything else. Numbers are all over the place. From realtors to wholesalers to Zillow, prop |
| 1:12.2 | wire, redfin, and more, it always seems so hard to get close to accurate ARV. How can I handle |
| 1:19.2 | this situation better? So this is the analysis paralysis or paralysis analysis. Which one is it? |
| 1:25.8 | I don't know which one it is. But it's getting hung up on the |
| 1:29.1 | analysis. Now if you're a type A personality, if you're detail oriented, this is going to be |
| 1:33.4 | extra tricky for you because in your mind, you're thinking that you have to be very specific, |
| 1:37.8 | very accurate, very detailed. And that's not the case when it comes to making an offer. |
| 1:43.4 | Now there's a really big principle |
| 1:44.9 | that you have to take away that I hope I can convey. In order to really understand analysis, |
| 1:50.7 | you have to understand the big picture about making offers. Okay, if you don't understand the |
| 1:57.0 | offer process, then you're going to always be over-analyzing deals. So let's talk about offers for a second. |
| 2:03.6 | The reason why we make an offer is not to get a deal. That would be the byproduct of making an offer. |
| 2:09.6 | That would be, you know, a win that would be like, you know, gravy on top or a cherry on top, right, if we could actually get the offer accepted. |
| 2:18.1 | But in wholesale real estate, we're dealing with distressed properties and |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Wholesale Hotline, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Wholesale Hotline and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.