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DID I ALREADY INTRODUCE MYSELF?
Hi, my name is Ils and I'm from Belgium, country is west europe, with a lot of rain, choclat, famous music, and bad politions,,, euh I'm a work a holid and even my friend that come over from canada are actualy not on vacation but working with me here is a funny post about it https://www.facebook.com/reel/1754321514992118/?s=single_unit that post is too funny not to share hahaha, I LOVE TO MAKE FUN SO DO ASK AHEAD!! DO NOT HOLD BACK ON QUESTIONS
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Huge Gain in Jobs Report (🐂 or 🐻?)
Is today’s report a sign to be bullish or bearish? How should we utilize this data to make investing decisions going forward? Let’s start with am I bullish or bearish? 🐂 🐻 Right now, I’m still bearish. 🐻 That doesn’t mean we aren’t doing deals, but there is a lot of risk in the market right now. Although our most recent listings have been grand slams in terms of attention on market there is a lot of uncertainty. An example being the job gains reported still puts us at a year over year job loss; if the next 3 months of data yields continued gains month over month then I’ll likely flip bullish come January/Feburary. If that data looks good then Jerome Powell may have avoided the recession and actually pulled off a soft landing. During this time will be the optimal time to purchase as things will quickly flip positive and large swings to the upside – including REAL ESTATE 🏡 We’ve continued our purchasing throughout this time period and held onto as much property as possible. Looking forward to a post election world. What do you think? What do you think will happen?
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Huge Gain in Jobs Report (🐂 or 🐻?)
How We’re Making Over $100k on This Deal — and How You Can Too! 🤯
Hey everyone! I wanted to break down one of our latest wins and show you exactly what sets our deals apart from the competition. In this property, we’re on track to clear over $100,000 in profit. So what makes the difference between our properties and the competition? It’s all about strategic improvements and understanding what buyers want. Here’s what we did differently: • Professional Photos & Staging: Instead of using iPhone photos and leaving the property empty, we hired professional photographers and fully staged the property. This made the house look fantastic online and in person, attracting more interest. • Competitive Pricing: We priced the property strategically. While the competition is priced $10,000 higher with minimal saves, our approach led to 53 saves and 10 showings in just one day! • Marketing That Matters: We focused on highlighting what’s truly special about the home — big features that connect emotionally with buyers, like high ceilings, a finished basement, and more. The result? Our approach created 10 showings in one day and way more saves than the competition. These small but powerful steps lead to properties selling quicker and at higher profit margins. 💡 Takeaway: The difference in this deal, and in so many of our deals, comes down to making a property shine in the best light possible. It’s why our properties get more views, more saves, and ultimately better offers. If you want to learn how to do the same and create these kinds of results in your investments, let’s chat. It’s all about knowing where to put the work and how to position properties to sell fast and profitably.
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How We’re Making Over $100k on This Deal — and How You Can Too! 🤯
Be creative 🧠
Check out how we are turning this 1 lead into $195k! 💸 First, this was a referral in our market (North GA). $0 marketing dollars. They had a problem: wanted to sell their house, needed land, and an in-law suite in the basement. They owe about $205k on their current property. They didn’t want to lose all their equity or deal with selling hassles. We offered a creative middle ground with a novation, agreeing on a price of $380k. The house is worth $480k as-is, and we’re only painting the exterior to make a quick $50k net. 🏠 Next problem: they need a new house but the husband is self-employed without 2 years of tax returns. We decided to put them in temporary housing with a rental we have vacant or find them a house. Today, we found them the perfect house with everything they asked for. Since they can’t qualify now, we’re going to buy this house and sell it as a lease option to our new tenant. This gives them time to fix the tax returns and buy us out within 5 years by exercising their option. Finding the seller a house sooner meant getting the seller additional cash back in their pocket which they agreed to apply towards down payment and 3 months worth of payments. The best part - we found a house that was 110 days on the market and got a killer deal at $425k, agreed to sell at $525k with my lease option buyer with a commitment of $90k down. 🔥 I’ve seen people saying you can’t get high down payments with this method, but we’ve done it several times. In five years, we’ll get a nice check, plus did I mention $1k/month passively? 🙂 Recap: - Buying house: $380k without securing financing, adding $15k worth of work (like a week), plus 2 months holding costs. $400k total. Worth $480k as is, and we list with discounted commissions on the listing side. - Selling new house: $515k purchase. We pay $425k, turnkey. $90k down. $3500 monthly. Our underlying will be $340k. $85k remaining equity after down payment. Total return: - Novation: $50k 🔥 - Lease option: $90k down + $1k/month + $85k equity
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Be creative 🧠
Welcome to the Distressed Buyers Club!
Welcome to the Distressed Buyers Club! We are thrilled to have you join our vibrant community of real estate investors. Whether you're starting out or looking to sharpen your skills, you're in the right place. Here, you'll learn the ins and outs of flipping, wholesaling, and funding your deals. Our goal is to empower you with the knowledge and tools to grow from a novice to an expert in real estate investing. Let's build success together! Get ready to dive into a journey of learning and profitable investing with us. And don't forget to leave a comment below to share what you're most excited to learn or any specific questions you have as you embark on this journey. Let’s start the conversation and grow together!
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Welcome to the Distressed Buyers Club!
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Distressed Buyers Club
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