Real Estate Investing with Coach Carson #354: Find 20% Price Discounts on Rental Properties (Consistently!)
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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.
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Define Your Buy Box
- Define your buy box criteria precisely, including property types, size, location, and features.
- This helps wholesalers quickly identify suitable deals and positions you as a serious buyer.
Secure Financing
- Secure financing beforehand through cash, private money, hard money, or a line of credit.
- Avoid relying on traditional lenders for wholesale deals due to their slower processing times.
Quick Due Diligence
- Conduct thorough due diligence quickly, often within 24-72 hours, based on pictures and one walkthrough.
- Bring a contractor to assess rehab costs and ensure confident decision-making.