Wholesale Single Family Homes for Huge Profits
Channel: Raising Private Money For Real Estate - Jay Conner
Date: 2018-10-23

Cory Boatright joins Jay Conner today.

Cory Boatright is Founder of Real Estate Investing Profits. Between himself, his teams, and his students all over the world, he's completed over 1000 real estate transactions and transacted over 75 million in sales. 

Cory's a bestselling author of four real estate investing business books and wildly known for his simple “3 M's of Success” business building formula. He's started and run several multi-million dollar companies in several industries including real estate investing business consulting, Internet Marketing, and even Mobile Apps.

https://realestateinvestingprofits.com/

Text "Profits" to 38470 to receive a free gift: "Ultimate Real Estate Investing" Quick Guide.

Cory invests in Oklahoma and surrounding areas.

Before real estate, Cory was into many businesses. He traded baseball cards in his youth.

Recommended Book: 'Rhinoceros Success', 'How to Win Friends and Influence People' and 'As a Man Thinketh'

Can you teach drive?

Your experiences in life give you a choice: Can I make the most out of this day if I have what I am equipped with. If I don't have the right equipment/knowledge/tools, can I get them?

Your drive is what can help and hurt you. If you have no focus or direction, the drive will hurt you. Do not be a slave to your drive.

Cory wholesales houses. He is missing profits on other deals. Because he is only doing wholesaling, he and his team is getting way better at wholesaling and they are becoming leaders in that aspect of real estate investing.

Wholesaling is getting a contract on a property and selling that contract to another end buyer. In Oklahoma, they can quickly turn around and find a cash buyer.

He does 7 -9 wholesaling single-family transactions a month.

How do you find the deals?

There is lots of data available to sift thru the people who are more likely to sell. Examples are age of owners, how big the house is, how old the property is. List Source is a great way to get motivated homeowners. Local county courthouse has great information, but you need specific criteria to use to uncover prospects.

Successor Data gives data on inheritance properties and probate homes.

Shotgun versus sniper approaches.

If he could do it over, Cory would study multi-family properties. Once you understand how these assets appreciate, your world changes for the better. Cory just closed a 128 family complex.

A single family wholesale deal closed recently.

Bought for $11K

Sold for $77.5K

Profit: 65K

Buyer flipped it for over $100K

What were the 5 (out of 100) properties that made the most money last year? The neighborhoods were similar that made more money. They focused on those areas. The homeowners who had more homes in the area were prime prospects.

"My worst day is someone else's Paradise."

Best Advice: "Be an Expert Learner" Be a Go-Giver!


Register for the Real Estate Cashflow Conference:

http://bit.ly/jaymoneypodcast

Listen to our Podcast on iTunes: https://itunes.apple.com/ca/podcast/real-estate-investing-minus-bank-flipping-houses-foreclosure/id1377723034?mt=2

Google Play:
https://play.google.com/music/listen#/ps/Ihrzsai7jo7awj2e7nhhwfsv47y

Jay Conner has been investing in Real Estate for over 15 years. He typically makes 2 deals a month. He has bought and sold over 400 homes.

He had an 800 credit score and the bank closed his LOC. He needed to find a new source of funding. In the past eight years, Jay has never missed a deal because of funding.

He has developed a strong network of Private Money suppliers. 

The Conner Marketing Group
PO Box 1276 Morehead City, 
North Carolina 28557
Phone: 252-808-2927
Fax: 252-240-2504

What others are saying:
“Jay’s private lending scripts alone are worth the price of his entire system, and are the best I’ve ever heard … including mine!” – Ron LeGrand, Famous Real Estate Guru, Jacksonville, FL

Producer: Scott Paton
https://www.udemy.com/powerpodcasters/?couponCode=PP10

https://youtu.be/GNHc-wWLUS0

* Occasionally we have affiliate links in our description.

DISCLAIMER: Jay Conner is not a financial advisor, real estate broker, licensed mortgage broker, certified financial planner, licensed attorney nor a certified public accountant, therefore consult with a professional prior to making any real estate investing.

#RealEstateInvesting #RealEstate #RealEstateForBeginners #PrivateMoney #FlippingHouses #Probate #AntFarm #JimHuntzicker #JayConner 

Wholesale Single-Family Homes for Huge Profits
https://youtu.be/fRQSo8C45zw