Real Estate Investing with Coach Carson
#354: Find 20% Price Discounts on Rental Properties (Consistently!)
Jul 29, 2024
Justin, a seasoned expert in real estate, shares insights on becoming a preferred buyer for wholesalers. He emphasizes the importance of building strong relationships and crafting a clear buying strategy for quick decision-making. Listeners learn how to effectively engage with wholesalers to find discounted rental properties. Justin also discusses financial preparedness for swift transactions and offers valuable tips on evaluating distressed properties. With a focus on confidence and trust-building, he highlights strategies that can significantly enhance investment opportunities.
45:20
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Quick takeaways
- Building strong relationships with wholesalers through trust and effective communication can greatly enhance access to discounted properties.
- Having a clear buy box and liquidity empowers investors to make quick, confident decisions that can lead to better deals.
Deep dives
The Power of Wholesalers in Real Estate Investing
Wholesalers play a crucial role in real estate investing by identifying off-market properties that can be bought at significant discounts. They typically find sellers who are in urgent situations, such as pre-foreclosure or dealing with inherited properties, and negotiate deals at favorable prices. By acting as intermediaries, wholesalers bring potential deals to buyers, providing a streamlined process for investors. This relationship allows buyers to access properties they otherwise might not have found, facilitating smooth transactions while benefitting the wholesaler's business through their assignment fees.
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