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Read Transcript for “How REALTORs Make Money With Investor Marketing”
As a real estate agent, you can make money with my system either by flipping properties and making quick chunks of cash or by keeping them, all without putting any money down or using your credit. I’ll explain how to do it.
“Dear Joe, can you explain how I can make more money as a realtor by becoming an investor? I’m having a hard time getting my head around the concept. How can I be an investor when I don’t have any money to invest? I’d be your biggest fan if you can show me how it works.” – Tammy from Los Angeles.
Joe: You don’t need any money to buy these properties if you use the structures that I teach. I teach you how to use “Subject To”, which I’ve talked about on previous videos, multi-mortgages, land contracts or contract for deeds depending on whether you’re in a mortgage state or a deed state, lease options (another great way to do this) and assigning cash deals. Those are the five major structures for buying properties with zero down. You truly do not have to use credit. You do not have to use down payments if you understand how these structures work.
Joe: Basically, it’s all about seller financing of some sort. And the trick to this whole thing is finding sellers that are willing to do it. I know that all of you are thinking, ‘Well, how do I do that?’ It’s all about the marketing and making sure that you’re going after the correct target market.
Joe: If you’re going after the right people and they need your services and you can solve the problem for them, you’re going to be able to do this for them over and over and over again – we have done these types of deals hundreds and hundreds if not thousands of times. Students all over the country have done it in every type of market; up markets, down markets, fast markets, slow markets, etc. and it’s a very effective technique for buying properties and building your own wealth.
Joe: You’re still going to make the quick chunks of cash through getting the lease option fees and through getting the assignment fees and those types of things, but you can also keep the property and get the long term value of the depreciation, appreciation, paying the loan down, just holding the property long term and making the value that way. There’s great value here also in the tax savings.
Joe: Learn this process and learn what you can do with it because it’s phenomenal for a realtor.
Joe: As a realtor, when you start going after these target markets, what’s going to happen is you’re going to get a bunch of leads coming in. You’re going to be talking to FSBO’s, expired’s and people who are going to be lease option, and by doing that and by using the techniques we have, it brings in up to 50 leads every single week and if you use these techniques religiously, you can help solve their problem.
Joe: It’s doing it an unconventional way; it’s thinking outside of the box. I don’t think that there’s any real estate agent teacher out there that’s teaching these techniques. If you use these things, it’ll explode your business and it’ll do all sorts of good things for you. If you haven’t had a chance to listen to my audio about this process, go to joecrump.com/realtor. Thanks, Talk to you next time.