68 min listen
240: Rookie Reply: How to Get a Better Price on That Off-Market Property w/Ethan Wilson and Jamil Damji
240: Rookie Reply: How to Get a Better Price on That Off-Market Property w/Ethan Wilson and Jamil Damji
ratings:
Length:
45 minutes
Released:
Dec 3, 2022
Format:
Podcast episode
Description
Off-market real estate deals can give investors like you HUGE discounts on what would be expensive investment properties. Either due to the property condition or the state of the seller, these real estate deals sell for sometimes hundreds of thousands less than their on-market equivalents. But finding them can be a challenge. As a result, most new investors rely on real estate wholesalers to bring them a deal. But what if the price point still doesn’t make sense?Welcome back to another Rookie Reply, where we’re joined by real estate wholesaling master, Jamil Damji, and newly self-employed investor, Ethan Wilson. Jamil and Ethan both have a taste for off-market, underpriced deals and are here to share their wisdom with you. In this episode, you’ll hear how to negotiate with a wholesaler who’s firm on price, how to find off-market deals WITHOUT cold-calling sellers, and Jamil’s killer deal-finding strategy that costs far less than the competition!If you want Ashley and Tony to answer a real estate question, you can post in the Real Estate Rookie Facebook Group! Or, call us at the Rookie Request Line (1-888-5-ROOKIE).In This Episode We CoverHow to negotiate with a real estate wholesaler even if they have a set purchase priceInvesting in your early twenties and why partnering up can help you scale fasterCold calling tips and why most investors are too scared to talk to sellersThe EASIEST, cheapest way to find off-market real estate dealsMeth house and mold remediation and why you should ALWAYS google a potential property’s addressAnd So Much More!Links from the ShowFind an Investor-Friendly Real Estate AgentReal Estate Rookie Facebook GroupReal Estate Rookie PodcastBiggerPockets ForumsOn The Market PodcastKeyGleeAstroFlippingBiggerPocketsOn The Market Youtube ChannelConnect with Ethan and Jamil:Ethan's InstagramEthan's BiggerPockets ProfileJamil's InstagramJamil's BiggerPockets ProfileJamil's Youtube ChannelCheck the full show notes here: https://www.biggerpockets.com/blog/rookie-240Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Dec 3, 2022
Format:
Podcast episode
Titles in the series (100)
Finding Off-Market Deals, Step-by-Step with Ryan Dossey (Mentor) and Drew Wiard (Mentee): Part 1 by Real Estate Rookie