Watch Me Wholesale Show - Episode 42 - Houston Texas
Рет қаралды 3,780
Ай бұрынWelcome to Episode 42 in Houston, TX on the Watch Me Wholesale Show where you get to watch me randomly choose a market and go from finding a lead all the way through to making an offer.
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Jerry Norton went from digging holes for minimum wage in his mid 20's to becoming a millionaire by the age of 30. Today he's the nation's leading expert on flipping houses and has taught thousands of people how to live their dream lifestyle through real estate.
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@yoyoyoufs Ай бұрын
Jerry I tested prop wire with some of the properties I own. It is so off on the comps, history, and owner data for off market houses. One of my homes was shown as an empty land. Wondering if you noticed that too.
@mindingmybusiness9765 Ай бұрын
I have had the same issue when evaluating properties. Jerry is this an issue you’re addressing? I mean what good is a free resource if it’s giving wrong information. Please respond, for the benefit of the group here that follow you. Thanks.
@chrisgrosse8256 Ай бұрын
Use propelio
@yoyoyoufs Ай бұрын
@@chrisgrosse8256 thank you for reminding me of it!!!
@StoicFlowState 27 күн бұрын
I tried proowire and it is not very accurate at all. I did th3 same and looked up my mom's house, was showing different owner and beds and baths are wrong also. 👎🏼. How does that help us? No bueno Jerry.
@ChristianRey-gf1ut Ай бұрын
Houston native flipping genius here!!! Love the video Jerry!!
@OmenAnime Ай бұрын
Im learning from this series that everyone is taking chances, everyone you talk to and speak with are all trying to make money. It helps me normalize reaching out to an agent or even seller for that matter as everyone is doing it and that its a normal thing. I almost have this idea in my brain that its wrong or a burden on people, yet im simply trying to work. Thank you for the value
@rogelioordonez777 Ай бұрын
Flipping Genio, listening in on these calls is really helping to get experience on how things go, which is very helpful & learning more about using the deal analyzer... You are the Flipping Genio! Many blessings be upon you !!!
@MsMarkus23 Ай бұрын
Hey I signed up for your services last week. So excited to get to work. Hope to hear from someone soon
@BroadwayLTDProductions Ай бұрын
I would love to see you do Austin, TX.
@coolnchilled2456 Ай бұрын
As someone in central Texas same
@BroadwayLTDProductions Ай бұрын
@@coolnchilled2456 Yeah I recently had numerous deals fall through. Those agents and sellers there are pretty tough.
@PaisVeidUeyZT Ай бұрын
Do a lot more in Houston. This is most of the time 😅
@HAUGZZ Ай бұрын
Jerry I got to say thank you! I don’t have a done deal for sure yet but tmrw I got a call to go over more information to set a contract up with an agent! Thanks to you I know the exact steps and what to look for when it comes time. This is my first deal by the way and I’m looking to bank at least 10-13 grand! I appreciate your work man thank you so much!
@KayFinesse Ай бұрын
Did you close your deal?
@Real_Estate_Investor Ай бұрын
Good example Jerry 💪🏽
@MoneyMaxim101-mo6wk Ай бұрын
Hello Jerry, I noticed alot of comments about having to pay option money that is non refundable. That is besides EMD. What is your stategy on that if I'm starting with no money like your double dip, you claim we don't need money to start,but they require $200 option here in Texas. Please help.😢
@mindingmybusiness9765 Ай бұрын
Sucks you couldn’t get it under contract. I wanted to see how you overcame the option money required in order to get your 10 day option period you speak of. I would still like to know how to overcome that part if we start this with no money. Thanks
@jmcapitalgroup3359 Ай бұрын
You have a few options. First, forgo the option period. Not recommended especially if you're not experienced. Next option, offer a shorter option period for a lower fee. 10 days at $250 is pretty common for retail buyers. So go in and offer $50 for 3 days. This will only work if you have the vendor infrastructure in place to quickly assess the home and report back to you.
@wholesalerealestate5374 Ай бұрын
I would need at least 10 days to find a buyer to wholesale to. Jerry was claiming we can do this with no money , but don't see how. And can't get an ans2er from jerry🫤
@househelptx8700 Ай бұрын
@@jmcapitalgroup3359if we forego the option period then we won't have any time to find a buyer to wholesale to. That's the whole point of getting an option period.
@StoicFlowState 27 күн бұрын
Anoth3r person asking the same question about option money having to paid out before EMD. I would really like to know if it's possible with no money or do we need to have a few hundred ready to give (non refundable). Can someone please help?
@PropertySellerRelief 18 күн бұрын
Following,. Because I am having the SE issue. Did Jerry ever make a video on the option money not the EMD, I get that part. But the non refundable money we have to give every time we want to get a contract? Thanks
@floob9100 Ай бұрын
Im in houston this motivated me to
@speezbanger1469 Ай бұрын
Pitch creative on these episodes too
@PropertySellerRelief 18 күн бұрын
Hello Jerry thanks for your content. I have been having an issue here in Houston trying to use your double dip strategy. I'm very new to the game and really like going the agent route. Did you ever make a video talking about the non refundable option money we are required to give? I looked through your vids and couldn't find one. Thanks.
@househelptx8700 Ай бұрын
Hello Jerry love your stuff my brother. I have a question about the inspection period we ask for. These agents in Texas are asking for money at least $100-$200 for those 10 days. This is not doable, do you have a work around you can share? I'm starting with no money like you said we could do your strategy. Thanks for the help.
@MoneyMaxim101-mo6wk Ай бұрын
I just ran into the same issue. I have been making calls like Jerry said to the agents, finally had a positive call, made my offer, was accepted. 🎉. But now they want $200 Soni can have my inspection period of 10 days. I hope Jerry can help.
@StoicFlowState 27 күн бұрын
I saw someone ask the same question on another video. But, Jerry didn't seem to have a good answer to that question. Working with agents is not as it seems, because in order to get a contract we have to give agent at $200 just for the option period before we give EMD.🤔. Can you give us a work around Jerry. I thought we could start this with no money like you said?
@Jcodwell4 Ай бұрын
W
@wholesalerealestate5374 Ай бұрын
Hey Jerry I'm still waiting on some kind of solution to the option money the agents require in order to let you have 10 day option. You mentioned we can do this with no money, but it seems we need to have a few hundred every time we get a contract to pay option period. I'm in Houston,TX please help🙏🏼
@househelptx8700 Ай бұрын
Damn, I have the same question bro. I hope Jerry will answer with a video or something. 🙏🏼
@andrewrichards6507 Ай бұрын
Hey Jerry! Ive been studying up on all this for a while now. First off, you’re a flipping genius, Jerry. Thank you for everything, from the bottom of my heart. So i was gonna say…i live in Fort Worth, im free as a bird as far as my schedule goes, trying to transition full time into wholesale real estate and eventually branch into everything related…i wanna be the jack of all trades like you. My brother actually closed on one of the houses you called on, with an Agent named Ezekiel in Fort Worth. He closed it right before you posted your video about it hahaha. So my question…is there any way i can help you in exchange for a sort of mentorship? Im not looking for much from you, but im offering my locality, my hustle, and anything else i can give to you, and ill do it for free in exchange for the experience. Please let me know if i can help!! 😁
@AmbientMaze Ай бұрын
Hey can anyone please tell me if I actually need to edit my OWN contracts or do I take them to my local title company and have an escrow officer add things to it as far as my states laws???
@mrtolliver Ай бұрын
I know Johnny's in the Michigan market, would he be interested in JVing a couple deals or working together on some? I have a handful of properties I just locked up, and could help him get rolling in Michigan. I also know a lot of the big time buyers as well. Just thought I'd offer, thanks...
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