Agent Outreach Live: Episode 7

Ryan Zolin is a real estate agent and investor. While only 25 years old and in the competitive Phoenix market, Ryan has found his niche in working with on market deals and other real estate agents in the industry.
He’s known as the MLS King for a reason. Ryan has not only mastered the on-market opportunities in the Arizona market; he has also done deals in 25+ other markets all around the country. From growing his team and community around him, to coaching hundreds of students, Ryan is on a mission to show others what is possible in the world with real estate as the vehicle.

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it is show time what’s up everybody Welcome to agent Outreach live uh this
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week we’re brought To Us by Rockstar punched so every week we got to give our
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shout out to my drink of the week uh Landry how are you doing today I’m great the week’s already flying by how about
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you Ryan no complaints uh not gonna lie I totally blanked on a deal yesterday I
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thought it closed on I don’t know I was thinking the fourth or the sixth and next thing I got an email that says we recorded and I was like well that’s good
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but it’s also concerning because I didn’t realize the right date so if that tells you around the week I am all over
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the place trying to catch up with some stuff Amber is actually sick so I’m like boyfriend times two business owner times
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two it’s like crazy but all is good everybody’s good we are rocking and
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rolling nice well I’m excited for today uh you know if anybody was here last
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week Ryan did something a little different than we usually do on this show if Ryan you want to kind of tell
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everybody about it like why that was so significant for sure calling about listings instead of what we’re going to
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switch back to today and yeah so first off obviously variety I mean at
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a certain point I mean landra it’s easy you can come up here hang out watch you with all the stuff with batch but why
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would they continuously watch Ryan make calls to agents over and over and over um there’s a few things number one it
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might be your market so if it is your Market what I do after the show is I actually give out the agent relationships to people that are in our
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community Discord so first off there’s an advantage there the second piece is that this show is called Agent Outreach
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live so agent Outreach is a specific strategy within real estate investing uh very commonly within real estate
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wholesaling but one of the things I think is overlooked within agent Outreach is that it’s in different forms
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a lot of times what people do is they’ll text they’ll call they’ll email their faxing they’re sending pigeonmail
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whatever it is at this point just to get in contact with the agent but they’re only doing it for off-market properties that’s not necessarily a bad thing but
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what I try to challenge to that is that there’s opportunities on the MLS so if there’s on Market opportunities and we
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are real estate investors looking for deals agent Outreach can also be in the form of MLS so last week we were on the
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MLS using batch leads hanging out trying to figure out some motivated Sellers and agents that wanted to work with us and
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get some offers got a couple submitted did not get anything from it but also we only did it for an hour long and I think
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I submitted two out of the four conversations so that was last week’s show a different variety different spin
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on things and so this week we’re bringing it back to cold agent Outreach outbound next week we’ll be back to MLS
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yeah I’m excited I think it was really good to kind of just show the the varying ways especially for those of you
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that either are going to be jumping into batch leads which I’ll drop this for you guys uh try this out so you guys can do
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exactly what will showcase for you and how we’re getting these lists of agents in batch leads and the different ways
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that we go about it because once again last week if you go back to that or if you join us for the next show you’ll see
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how you can start building these really good lists of even those on Market properties to find the description
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telling you that hey you know we’re only accepting cash offers as is investor special it was so easy for me to find
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those properties for Ryan to start calling the agents on last week and it’s super easy to use the filters to pull
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these lists as well so we submit this for you guys but check it out you guys
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can give it a try and then I’ll kind of show you a little bit from what we can because you have to blur so many things on YouTube as you guys know but
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and also um the main thing Landry you’re posting this link but let’s make sure we make
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note of this I mean the reason we’re posting the link is because we are both doing agent Outreach for off-market
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opportunities through the agent Outreach section but then we’re also using the same software to look at on Market deals
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so Landry do you want to tell us a quick little second about that lovely little software
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yeah absolutely and I’m going to send this to you if you could post the link I don’t know why it’s not letting me in there give me the ability but yes let me
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pull this up for you guys and give you an idea of what what this kind
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of looks like in terms of at least what with what we’re covering today for sure that first one is that
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community link I just dropped it in the chat and then we also have if you are looking at signing up with batch leads
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this is the link to get a little bit of a better deal yes and if you guys get in the community you guys can send me a
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direct message there if you have questions ever about Bachelor it’s batch dialer even if you don’t use the systems
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or you’re not really feeling like you want to try it out right now that’s fine too you guys can join just in general to
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network and make connections with other amazing people in the group so anyway how we went about pulling these lists
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today I pulled two different markets and we’ll we’ll tell you guys about those in a little bit and then we’ll have you
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guys probably vote to see where you guys want Ryan to start calling into but all
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you do essentially is you come into my mouse can come over here
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you go to this little tab it’s in the lowest plan so even in your free trial you get it and and everybody has this
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the Asia Outreach you come into the agent search you have to search for a location like you have
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to go to an area whether it’s a city a county a zip code whatever and then you
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can do a lot of different things like find and Target agents or find people under their name The Brokerage they’re
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at the active listing count we usually always do that one we’ll I’ll have Ryan explain why it would be beneficial to
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filter things down or leave it more broad as well for you guys as well but a lot of these you don’t have to really
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overthink like if we just pulled up like a random list in any Market you could
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call those agents too it doesn’t have to be under a bunch of crazy criteria but it does make your life easier which is
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the whole point of filters but active listings that they have currently on the market average listing price if that’s
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important to you sold listings in an amount of time sold amount in a time
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period and then you can sort the list by like number of expired listings from high to low or number of active listings
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from low to high whatever you want but it just allows you to have more and that’s sort if I’m not mistaken is a new
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tool correct yeah yeah super nice it just makes it so much easier to find exactly who you’re
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looking for in that agent directory if you guys haven’t given this a try you it literally takes you like 30 seconds to
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pull up just an awesome list of real estate agents and make sure to go to this link seriously guys like get the
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trial try it out one thing that I want to make a note of is they’re constantly making updates so while this is consumer
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focused we want you to understand that the cool thing about a company like batch is that they are receptive so that’s sort by for example that was some
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feedback that I’d offered when agent Outreach had first come out into the software so one thing that I wanted was
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that when we could sort it by let’s say that we were even just filtering let’s before we get into sorting we’re filtering it based off of three sold
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listings five sold listings in the last six months those are great searches I was now able to go in and sort it based
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off of the volume rather than it being in alphabetical order of the agent so why would that be important well it’s
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cool to be able to see see who the highest performing agents are typically team leads brokerages eye buyers
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institutional Representatives any of those four typically your top 10 top 20
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agents in your Market but with that said the 20 plus Mark 2050 20 to 100 those
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rankings are typically the best Realtors to work with if they already don’t have an investment division now what is the
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best list is probably going to be a common question here I want the best list to be the one that you’re going to
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call doesn’t really matter to me as long as it’s in your market and it’s something that you feel that you can go and call Comfort comfortably and
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confidently so with that said we can’t show you guys all the details inside the
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software because of YouTube’s regulations but what we can do is we can make this a collaborative show so what
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we want you guys to do is help us vote today on which Market we’re going to call I have lists from two Realtors but
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what we’re going to do is ask you guys and you’re going to help us pick Landry it is between
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yeah so San Antonio San Antonio and Detroit all right so guys if you want
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Detroit give us a one in the comments if you want San Antonio give us a two one
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for Detroit two for San Antonio let us know which one you would rather see and real quick Ryan pull this back up
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and I’ll just show you guys it’s still going to be blurred but just to give you an idea of after you do this like this
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is how I pulled both lists today I typed in I used filters like this to find those active agents nothing that’s too
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crazy you know somebody that has active listings currently like three maybe you mess around with it it doesn’t have to
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be super complicated and then five sold in the past six months just to give you
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an idea and then type in Detroit you know kind of deal click to apply and it
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pulls up a list like this you already have their phone numbers you already have you have their fax number their
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email address like everything you need to know without having to spend any additional money to get their
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information you have a literal list of all of their listings that have sold
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that have expired canceled uh you know that are pending right now you have all of the information on it’s pretty cool
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because it only takes you a couple seconds and you don’t have to be going through realtor com to find those really
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good agents that you want to reach out to you legit just have a list of whoever you want to reach out to so give it a
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try this is the all-in-one CRM so like the best thing about this is that as I’m going through making these calls I have
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Landry putting notes in for the conversations we’re having with Realtors you can save these favorite them you
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could put them into a list you can make this as easy as possible for your follow-ups the best part about this and the reason why I think that I’m here
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obviously is that this is our strategy MLS deals and agent Outreach It’s all under one umbrella and we are super
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fortunate to have a software like batch so the list that I have on my phone that Landry sent over is exactly this list
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right here that you guys just can’t see because it’s blurred so with that said I mean look at these comments we’ve got a
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clear winner here oh heck yeah okay so so I kind of thought that was gonna
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happen me too I was like you know I think it’s favoritism because I really like Detroit Pizza that like that’s what
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I would prefer but yeah I mean the chat just came in to be like nah this is saying I had a feeling I you know I
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really hoped that Detroit had a chance you know because I have some people we got we got one we got one one vote in
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there but the rest I mean Landslide Victory too yeah yeah there’s also so many people in Texas all over so yeah
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I’m excited this is yeah this is the San Antonio list that you guys are seeing but when you save people you also have
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the ability to you know filter out your list you can select them and you can export them pull them off your account
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and once again like Brian was saying manage them all right here because you’re not pulling I mean who knows you
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might go about it differently if you are gonna go about blasting things out to a ton of Agents but most of the time and
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at least what you guys will see in this show is that it’s you know maybe he’ll have the opportunity to call like 20
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people or whatever and a lot of the time we’ll end up having some really good conversations we don’t need to go and
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pull a list of 5 000 different real estate agents we can pull a list of like 30 people or even just go down the line
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and save them as we go because once again you get the info without even saving them so that’s really the power behind this takes a couple seconds to
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have an awesome list of Agents so give it a try and if you guys get in the community send me a message if you need
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help or have questions or anything and I can absolutely help you with the the software side of things so with that
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being said let’s do this we’re rocking and rolling I’m gonna do a little bit of a different approach today because
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obviously inside my um experience here and just doing the show and getting comfortable on camera
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all that uh we just jump right into it and that’s kind of my style a lot of DMs
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I got over the last like week kind of carried over even two weeks ago where people like Ryan I worry that I don’t
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sound like you on the phone so with that I’m gonna do a few things today I’m gonna first off make the conversations a
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little bit more normal kind of like more beginner level but then the second boost to this is that I think that a lot of it
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is that we’re caught in feeling like we need to know everything so I just want to offer some first off words of uh
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wisdom and encouragement and then two I want to make sure we know that there’s different styles and varieties here that
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you can do to make this your own you don’t need to go out there and try to replicate to be Ryan zolin and quite
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frankly I wouldn’t want you to do that anyway because if you’re trying to be somebody else the odds are you’re going
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to lose what your secret sauce is in this strategy which is going to be you it’s your personality it’s you being
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different not every realtor that I talk to I’m gonna have an amazing conversation so I put this message in my
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Discord I think this was yesterday or two days ago but one of the notes that I made was that you need to sound almost like like you don’t have confidence the
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more confident that you sound the less likely a realtor is going to be like turned on to working with you so if I
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was in the point where I’m feeling like I need to know everything the reassurance is that you don’t the next piece is that if you’re first off going
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to make a call and this is maybe even the first call to an agent let’s put our phone down let’s like have a moment
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let’s take a deep breath let’s do maybe words of affirmation let’s Journal let’s talk about it if you feel nervous if you
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feel excited odds are it’s a good thing that means that you’re getting out of your comfort zone and you’re trying to
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go and do something new you didn’t get on the bike and start riding it without training wheels the first time I think
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right it’s the same thing here so with that just make sure you take a minute have the awareness have the
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just appreciation for the opportunity I mean how many people would would love an opportunity like this where maybe they
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could go out there and make some calls for you but their schedule just doesn’t allow it so us being able to be here live watching the replay or even just
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giving the opportunity throughout the day to go and do this it’s actually a blessing so let’s call some agents in San Antonio
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let’s show kind of a little bit more of a beginner level conversation I might still throw out that I have all the
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missing or I have all the pieces the only thing I’m missing is a realtor I’m not going to jump into saying hey I’ve got flip experience if it comes out I
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apologize in advance but what I would say is find a JV partner find a buyer that you feel comfortable with that you
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could go to and say hey can I use these deals as a reference so that I can enter contract and then bring it to you
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remembering that the hardest part of being an investor is to find a deal means that your buyers are struggling to
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find deals especially in this current market so why wouldn’t they be more than willing to say yeah this is a JV partner
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here’s a couple of flips that I’ve done use that as a reference to go get deals and bring it back to me the only thing
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I’m really going to make sure to hit home on that point is that if you’re going to use their references you need to bring the deal to them first then if
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they decide to pass you can either JV and wholesale together or you bring it to a new buyer no harm no foul but you
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at least got past the proof of funds past deals anything along those lines so again if it comes out I apologize but
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what I want you guys just to remember remember there is literally no script here other than just sounding confused the only time I jump into being The
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Savvy investor is when I’m talking to an agent investor already this is somebody that is very fluid in the investment
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space they might be flipping they might be buying rentals they might even just work with other investors but that’s the only time I try to bring my A-game and
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if you don’t feel comfortable with those conversations don’t sweat it I love that though too Ryan really quick before you
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make that first call because I feel at least in my perspective of being here on
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the show with you and I’m sure you guys can see it too and if you if you don’t notice it you can I mean go and watch
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any recording where all of the agents are so much more receptive when it’s like oh you know what I don’t know I
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just need somebody to help me out you know instead of it starting having you start the conversation with just like I
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know everything you know they’re gonna be like oh great well that’s my job that’s I am here to help you and
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obviously they won’t I try to relate it back to like other Industries like if you’re working another job related to
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your current job if you’re working as an entrepreneur try to relate it to something that sounds very foolish but it could be like a Dentistry a doctor’s
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office a grocery store for that matter are you gonna walk in as a consumer and walk right to one aisle as a grocery
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store grab everything grab the produce go and then tell the cashier what the code is as they’re punching in and
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weighing out the the fruit and the produce no you’re just gonna let them punch it in and do their thing what you’re going to do is you’re going to
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like go through your cards you’re going to pull out the the membership card you’re gonna pull out your credit card you’re going to maybe pull out a couple
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coupons you’re going out there as a consumer trying to have what’s in your best interest I get that right so in this kind of concept too when you’re
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going in there as a consumer with what you feel is your best interest remember the agents have your back too if you’re
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going to walk in and tell them how to do their job going to the route of doctor or dentist would you walk in and say hey
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I need a root canal you’re going to use this tool this tool we’re going to do it on this day this is how it’s going to be they’re going to hate you so if you do
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the same with a realtor they might hate you and I don’t want them to so you go and you sound confused fumble on your
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words don’t go out there guns Hot saying uh arv is this and the uh repairs are
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going to be this and it’s going to be this kind of an issue you’re starting to talk in a different like language to them what I’m trying to do is just build
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a relationship and also understand that they may or may not be a solution so I’m qualifying them just as if they’re
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qualifying me love it it’s called Ruth okay
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can you guys do this okay
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all right she’s she’s just she’s not ready she wasn’t ready for us right now it’s fun that’s right
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um but in all seriousness though like and no disrespect to anybody named Ruth I love Ruth’s
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have you ever met a young Ruth like I just I don’t feel like I’ve ever met anybody that’s like 10 years old named Ruth
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like it’s a real serious conversation right I mean this is this is the kind of stuff I have but at the same time I’m
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like I need to I get really I have my memories terrible so who knows let us know in the chat have you met a young
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Ruth like yeah let us know guys important questions
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alrighty on to the next Joe Joe is ready
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foreign
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nope not today not ready we can um definitely leave a voicemail and if
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somebody doesn’t answer I will uh just leave one in one of these messages here but trying to get somebody on the
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phone
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hey Lindsay um I might have dialed the wrong number I’m looking for Allison
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um yeah I might butcher how it’s pronounced
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okay cool
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is she in the office at the moment or um
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gotcha okay which office did I call this is our corporate office oh I’m
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sorry about that yeah if you could just transfer me that would be awesome
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cool yeah let me write that down
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alrighty we got a cell number
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it’s not that hard we got this yeah Colin Allison
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hello hey is this Allison this is Allison hey Allison I just got
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your number I think I called the Keller Williams corporate office by mistake I uh I got the number online I was just
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trying to get in contact with you how can I help you um I’m not sure if you’re still licensed
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or not um that’s probably how I ended up on the corporate number uh but just trying to find an agent in San Antonio
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I’m based in Arizona but needing a realtor that could help me out uh sure what are you needing help with
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uh purchasing a property I should probably start with that before I go down my whole Spiel my bed
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[Music] property or are you looking for like a personal residence yep um I’m looking
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for an investment property uh I’ve got a couple people that I’m like partnered up with that are in San Antonio
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um like I said I’m in Arizona but uh we’ve had to expand out to some other markets recently and San Antonio was one of them and so we’ve got pretty much all
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the like relationships that we need with the only missing piece being a realtor so I don’t have like a specific property
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that I’m looking for but I’m looking for that Realtor relationship that I could like work with exclusively that can help
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me with purchasing a few properties a year okay do you mind me asking how you came
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across my contact information yeah I mean full transparency I like have this software called
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um like batch and we go in there and we just go and we’ve got information of Realtors and yours was the first one
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that I called um and then I guess I had the wrong number I had the corporate number
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okay um that doesn’t yeah that doesn’t make a difference to me um and this is probably just my like an experience a little bit
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but I was just trying to find someone out there that’s licensed um when I find an opportunity that I would need an offer like written I would
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want to obviously have you do that but without wasting your time so I don’t want to like have you go and just write a bunch like Global offers or anything
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like that uh but almost being like my eyes and ears on the ground so if I’m able to maybe find another opportunity
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could you help me with like making sure it’s a good area good potential opportunity and then maybe we could list it with you on the back end
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um or in a perfect case scenario I mean you help us find an opportunity and then also get that listing too
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okay um so are you looking for an investment like uh to purchase and then flip or yep
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so flip is going to be ideal um as I get a little bit more comfortable I’d be open to buying and renting my problem is that I’ve done a
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couple deals before out in like Bear County but I just to be completely honest I didn’t really love the process uh some
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of the deals were a little like iffy I think it’s because it’s a private State without information being like too
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publicly disclosed and then also too I mean I just didn’t love the title company so
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um but that’s okay I mean that’s all stuff that we can adapt and change and that’s kind of why we went and Revisited the San Antonio Market uh but again only
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missing piece is a realtor right now okay um well sure I’d be happy to help you
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cool um I’m not sure if this is like realistic or not so I would love it if you could just like be completely honest
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with me but I’m looking to buy something like realistically in the next 30 days uh we’ve got all the Partnerships I
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mentioned but like a hard money lender we have money that’s burning through his pocket that’s basically wanting us to use for the acquisition price uh so what
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we are really trying to find now is a deal so I don’t really care if it’s on Market off Market
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um from even another wholesaler for that matter but I just don’t know really where to start and part of that is the
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location so uh if you think it’s possible for 30 days I would love to know that first and then if so I could
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kind of tell you a little bit about what flips we’ve done in the past and what we’re looking for okay so I know I mean we have a lot of
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inventory right now um to be honest I am not if you’re
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looking for like the wholesale process I have had a few listings that were you
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know where I’ve worked with wholesalers on that side but I that’s not my Niche
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okay I’m being completely views so I don’t know that I would be the best fit to we’re gonna hyper up
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we’re gonna bring it back [Music]
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sure um you know I I’m familiar with that process you know in a sense that you
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know when I have one of those listings that needs work I get like
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10 offers from you know at various price points uh from
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wholesalers um and I know not every Title Company works with them I know which ones do and are
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able to so I’m familiar with that but if I’m being completely honest with you
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that’s not my expertise that’s okay and honestly I’m not really looking for like
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uh the expertise in the wholesale side we have like a whole like investment division of the company so they’re the
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ones that are pretty well versed I’m kind of in the same category where um I’ve bought a couple deals from wholesalers but not really like an
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expert by any means so in that space I don’t really mind even teaching you and showing you what our wholesale
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experiences in the past but um I honestly don’t really care that the expertise isn’t in wholesale I just want
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an agent that could help me with like finding the opportunities and like helping with just a normal purchase
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contract and making sure it’s all done properly um so I don’t get burned trying to go direct to seller
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got it okay yeah I mean yeah I’m very versed on the contract
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um and I’m familiar with you know of course I have the access to the data as well so where you could see if it would
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be a good investment or not I know from my limited experience with that type of
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investment that there’s it’s my understanding that y’all have not necessarily an algorithm but when
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you run the numbers uh kind of Base it off of percentages not necessarily
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um you know looking at comps in the neighborhood and cost of
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I guess the reason trying so hard and I I respect it we still have other numbers that you based for sure yeah and so I
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mean our process just to I mean I’ll say and it’ll probably go overhead a little bit but I think that part of it will
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make sense we take like whatever like the um value is in the property after I
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renovate it so like our after repair value um which is obviously based on comps and whatever we think the most is we could
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sell it for we take off typically like six seven percent off the top just because of holding costs closing costs
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when we buy it and sell it um and then also too I mean there’s just like miscellaneous fees we got to pay
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commissions on the back end to our realtor uh so that’s like our six seven percent off the top then I take off the
27:17
cost of renovation so that way I mean that’s pretty subject to the house itself I’m not really looking at
27:22
um like oh yeah it’s 30k on every remodel it’s going to be just depending on the square footage the current condition uh what kind of area it is and
27:30
what standard we’re trying to bring the flip to and then after that the profit margins uh full transparency I think
27:36
that’s where a lot of investors have gotten uh burned over the last like 12 months is that profit margins we have to
27:41
calculate them a little bit higher just to protect ourselves because of what we sell over the last 12 months but if I
27:47
put in 60 we typically want to make around like 40 50 60 on the back end too so the after repair value timesing that
27:53
93 ish percent minus the repairs minus the profit is typically the price range
27:58
that we’re at uh the percentage thing I think you’re talking about I know a lot of investors that do that too it
28:03
typically comes out to around like 60 low side to 75 percent of that after repair value
28:14
uh comfortably under 550 but like I always kind of like jokingly say to my
28:20
team but like if you found an opportunity that was too good to pass above 550 don’t hesitate sending it over
28:25
I will do what I got to do to find some money to go in there and make the deal happen um but comfortably under 550. single
28:32
family homes condos townhouses that’s kind of our Jam you know what area
28:40
honestly I think that’s where I messed up in the past so um I would really want to lean in on you on that um even
28:46
without like if you don’t know the date or anything that that’s no problem at all I can kind of show you some of the
28:51
stuff that we’ve done to track our metrics in the past and figure out what the best areas are and then maybe together we can figure out and pinpoint
28:58
a specific like uh pocket of where we’re trying to go and find deals okay yeah where have you looked before
29:05
or where Have You Done projects before you know I don’t have a specific zip code it’s just been a minute it’s been like a year and a half but I just know
29:10
it was in Bexar County because I mispronounced it like seven times and then I finally got to the point where I realized it so anything in like that
29:17
County area is where I’ve been looking in the past but without really a sensitive Direction I think um
29:24
so was that um I guess here’s another one it does Denver Heights ring a bell okay yeah that’s like in the downtown
29:30
area shout out to you Michelle I appreciate you yeah that’s uh that’s one of the areas
29:35
we looked before I’m not again I’m just not well versed and I’m not in front of my computer at the current moment but
29:41
um we could probably pinpoint a specific location together cool
29:48
cool well is there anything that you need for me specifically um or what would be the next best step
29:54
I guess I would need uh your contact information so like your
30:00
email address sure and an idea of you know what you’re looking for and
30:08
like I guess the overall goal so I can do some research on my end and
30:14
then this is a great line right here that I would be using especially with an agent like this she’s a phenomenal resource she’s a great agent but this is
30:21
a great line that I’m going to use here that is going to be a piece of mind for a lot of people
30:26
projects you know like um rehabs or people that need to
30:33
to unload the property and are willing to take a lower offer but you know
30:38
sometimes there are some other opportunities in other areas of town sure um
30:43
yeah and I’m pretty open as long as I can justify what the price is afterwards it doesn’t really make a difference to
30:49
me did y’all um purchase that property and flip it we
30:56
um we still kind of we flipped it but we lost money so we ended a block away like just about broke even so it was
31:01
definitely Lost In My Eyes uh but yeah we flipped it or attempted to I should say
31:14
things are close to 100 years old and nothing was happening with their
31:20
Foundation or electrical or Plumbing or anything like that and so you’re speaking my language that’s exactly what
31:25
we want the uglier and the more distressed the better yeah but you do want to anticipate those
31:32
costs higher renovation costs yeah yeah okay okay well that makes sense and
31:37
then what I can do too um I don’t know if this would be a value or not but I mean just for kind of reference and making sure that we’ve got
31:44
all of our ducks in a row when we do want to write an offer um I’ll send you over my contact info if you want to just forward over yours as
31:49
well I can send you over our proof of funds and then a folder with the past deals
31:54
um just to be fully transparent it’s one of my like partners and um actually he was even like a mentor of mine so a lot
32:00
of the stuff that he’s done we’ve done together uh so I’d be more than happy to send that over so that way whenever it
32:05
comes point to writing an offer you kind of get the idea of what flip we’re looking for as well as having our proof of funds on record
32:12
so what you’re wanting to have me help you with is
32:17
being able to look up the numbers to see realistically what you could get after
32:23
you renovate it to an extent and I mean I’m gonna look at it yeah definitely so
32:28
that’s exactly it so the eyes and ears um looking at properties if need be for whatever reason a seller or an agent is
32:34
going to require us to go look at it and then on top of that I always believe in just you know the way that we speak and
32:40
put things into the universe there’s going to be opportunity that you come by whether that’s from another agent if
32:45
that’s on market um if that’s from a wholesaler even if a wholesaler sends something you don’t know how to run the numbers that’s
32:51
something that I think that I should be able to take on pretty like easily to I want to be the guy that could look at a
32:56
number or look at a property run some numbers and get back to you and then just confirm with you that hey you think
33:01
we could probably sell this for 500 you think we would probably sell this for 550 right and then at that point
33:07
obviously if it’s on Market you could help us by writing up the contract we’ve already ran through the numbers together you might have even brought us the deal
33:13
and then we could get you paid on the front end and then also with the commission on the back end
33:18
okay and then are you working with a bunch of other Realtors honestly you are the first realtor that I’ve talked to in
33:24
San Antonio so we had something uh you know I I had a few other calls
33:30
that I was gonna make but I feel really comfortable with the conversation that you and I have had that um you’re definitely my number one I my
33:37
biggest thing that I just try to work with and what I’ve done at least in Arizona it’s kind of like an expectation thing uh I do have a couple of family
33:43
friends that are realtors that whenever they do bring something I obviously let them represent me or I’ll cut them in on
33:50
the deal uh but that’s just like here and there so exclusivity wise I don’t really have anything tied to somebody
33:56
I’m not opposed to signing a contract if you want us to With You My Only thing would just be that it’s on the property
34:01
specific that you bring to us
34:08
cool cool cool well I think that’s all the information that I had and I really appreciate you taking the time to chat with me and breaking all this down I’ll
34:15
send you over my contact information right now and then whatever you need from me just let me know but I would love to buy something ASAP so however we
34:20
could do that looking at the MLS or talking to other uh people that are local I’m ready to go whenever you are
34:27
okay sounds great what was your name again my name is Ryan Ryan okay Ryan yeah if you can send me
34:33
over your info and then I’ll forward mine as well cool sounds good but I really appreciate it thank you so much again
34:39
okay no problem thanks bye man I did not have control
34:46
it was like a bomb got a job boom got a jab and then the right hook at the end Boom the only thing I did not do
34:53
properly I did not tell her I do not want properties to be sent to me in the form of a drip campaign do not just put
34:58
me on any email search but she even asked she asked for expectations on her end she’s like what does this look like
35:04
what do I need to do how does this how does this work like what what do you want me to do again and I’m like no I
35:10
know yeah she wanted to do what you wanted her to do I’m like you’re not running offers don’t worry I got this what I need from you you’re gonna tell
35:17
me and confirm with me that I could solve for the price I wanted to you’re hopefully going to find these properties for me and she even offered do you need
35:23
me to go walk these properties and yeah them for you yes yes yes yes yes you are doing everything right the only thing
35:30
that I almost had lost her with was that she’s like well I’m not like too fluent in the wholesale space and I just need
35:36
to be very transparent that’s not my specialty I’m like whoa I don’t know wholesale either so we’re on the same
35:42
page we have an investment division let them handle that maybe we could share information and I’ll show you what they do with wholesaling and then if you can
35:48
bring more opportunities to the table everybody wins so that was beautiful super smooth
35:54
um that’s exactly the kind of agent that you’d want to work with especially in San Antonio she even asked at the end if I’m working with other Realtors I
36:00
thought that was a great point and how I worded it definitely go back and re-watch that or I was like look just to be honest I have family friends that are
36:07
out there and whether it’s a family friend a family member um just a friend in general or another
36:13
colleague or somebody you know they bring opportunities so the only thing I’m trying to do is make sure she
36:19
understands that the exclusivity I’m willing to give you on the deals you bring me that’s where people get hung up
36:25
to it’s oh my gosh I need to sign a buyer broker exclusive document what’s the concern it should specify in
36:32
that contract it’s just on the deals that they bring to you because if your family friend or friend or whoever it is
36:38
that you know that’s a realtor brings you something should she get compensated on that deal no definitely not absolutely not so
36:46
instead what we’re going to do is we’re just going to be honest we’re going to tell them what the game is and how we have plenty of other people that are bringing opportunities but I still want
36:52
to work with her and be a very good resource for her so yeah I think that setting expectations is huge with
36:59
creating relationships with anybody of course in any scenario but especially with agents with this so yeah that was
37:07
an awesome call if you guys are on here or if you’ve seen this video later make sure you guys put a like or hit the like
37:13
button too on these videos because this is just an hour where Ryan’s going into
37:18
the studio and and spending his time to just share you know amazing information on how to
37:24
build these relationships with agents I definitely find Value in it every week I love to get to be a part of these shows
37:30
with you so if you guys are getting value out of this then like the video give us some love
37:38
we’re calling Esteban okay and I yeah and I took notes of all of that too guys so you can keep this organized when you’re in the system
37:44
which is nice
37:51
please leave your message for two one Esteban
38:01
fingers are too fat there it is we’re calling Daniel now
38:07
okay
38:27
uh did you say this was Daniel yes hey Daniel uh my name is Ryan I’m
38:33
based in Arizona I’m an investor I’m trying to find an agent out in San Antonio
38:40
uh no worries man I appreciate it Daniel was too cool for me and it was
38:46
his loss right we got John
39:07
please
39:14
your call has been forwarded to voicemail no way
39:20
it’s fine everything’s fine we had such a good conversation yeah exactly
39:31
hello hi um I I don’t know if I have the right number I was looking for Sandra
39:38
how can I help you hey Sandra my name is Ryan I’m an investor in Arizona just trying to find an agent based in San
39:44
Antonio that could help out okay um with a purchasing a property I’m
39:51
sorry I should have said that I do not and that’s kind of why I’ve
39:57
been looking for an agent um full transparency I mean I called a couple others but you were just uh the
40:02
first one to answer so trying to find a property that I can write an offer on um obviously sooner than later but I’m
40:09
looking at a Fix and Flip so um San Antonio is one of our newer markets that we’ve expanded into we’ve
40:14
done a couple deals in the past out there but as the markets kind of shifted in Arizona I looked into another market
40:19
and San Antonio was just one of them that caught my attention okay uh no is this uh gonna be buying a
40:26
cash are you gonna yeah so yeah I I guess I don’t know if it’s considered cat it’s hard money so we yeah so we
40:34
have a hard money lender and then I’ve got some private investors that uh we borrow money from and they just kind of
40:39
help us out with the cost of renovation so I think it’s treated the same like cash but in a technicality I don’t I
40:45
guess I don’t know it’s really not cash per se because they
40:52
still have to go it’s like one of the biggest debates I get into people your face
40:59
conversation debate for another day I’m fine it’s fine everything’s fine or are you open to all parts of San
41:08
Antonio or yeah um so single family home and condos and townhouses have kind of
41:13
been like uh our specialty in the past so I think I’d probably want to stay in that same realm just because especially
41:18
with it being a new market uh it would probably be a little bit better to say we’re comfortable as for like location I
41:25
guess that’s probably where I’m stumped um I don’t really know what the best locations are I’m looking for a realtor
41:31
because I’m open to buying a property on the MLS I just don’t really know what the best area is I can handle running
41:37
the numbers and all that I just would kind of want some guidance from somebody that’s local that could tell me what
41:43
their thought is and then obviously represent us in the transaction too okay and on on your flip are you looking
41:50
for total Flip or you just won maybe just Cosmetics or great question
41:57
um I don’t have um the guts that I did before where I
42:03
was going out there and just buying a bunch of properties we got um teeth kicked in last year during the
42:08
the correction I guess we’ll call it or whatever happened last year so we’re we’re really just looking for cosmetic
42:15
anything uh lipstick carpet paint cabinets um I can handle like one big ticket item
42:22
if that like a AC or roof issue but like as for re redoing a floor plan a full-on
42:27
gut job replacing a roof anything like that or uh trying to stay away from those just a little bit
42:36
and I’m so sorry you caught me I was driving uh from uh from a closing right now
42:42
that um if you can send me uh your do you
42:48
already have a pre-approval from the yep we’ve got two so I’ve got one from
42:53
the hard money lender and then I’ve got one from uh one of my mentors he’s kind of like one of our partners that comes
42:58
in on some of the deals so the proof of funds whether we use the hard money lender or the private lender I can send you both copies and then
43:05
um yeah we also have a folder with that same Mentor that partners with us so we can show you like references of our last
43:11
few flips so that way um if you want to see kind of the quality of work that we do we could always
43:16
um show you that too yeah absolutely and what is your budget you know I can take you
43:22
different you know I know different uh
43:29
there’s a high end or where do you want to be at so I think with trying to stay in a little bit of like a cheaper
43:34
remodel I should probably try to be on a cheaper price but I also understand the market and what a cheap price is kind of
43:40
just relative especially with rates where they’re at so I think like 500k and below is where we’re comfortable uh
43:47
but also I mean if a really good deal came across your table I mean we’re we’ll make it work if it’s above 500 it
43:53
would just have to have a good enough spread on it to make it make sense absolutely and I can uh do you
44:00
um with my investors or so I mean I also give them a comp but I think it could
44:06
it’s worth so okay so you work with other investors then too
44:13
I do I don’t this is a perfect call this is going to be a perfect full circle we
44:18
are gonna
44:24
do they fix and flip two then or what’s their primary focus if you don’t mind me asking uh uh they were hold you know
44:31
they buy and hold or they Fix and Flip Uh I that one’s kind of
44:37
sleeping Professor on that one you know just just waiting right now sure that
44:43
um definitely I mean I can help you if you want to write down my uh yeah I think I got it is is it um is this the
44:49
best number to text you at because what I can do is I can just text you my information and then that way you have it and um perfect and then you can just
44:56
send me over your information and I’ll send you over all those docs and then if there’s anything you need for me just let me know the only thing that I will
45:03
um say hopefully not to sound crazy is that I would really like to buy something in the next 30 days if possible so the reason I asked about
45:10
those other investors is because um what I’ve done at least in Arizona is a couple of the realtors that we’ve
45:16
worked with they have relationships with other investors who are actually wholesalers and so if they have a
45:21
property where they can walk away from it for a fee like a wholesale fee I’m more than happy to pay them whatever fee
45:27
it is that makes sense as long as the numbers work for us as a flip so if they’re interested in wholesaling or if
45:32
they know any wholesalers that could always be a really good starting point for us to figure out if there’s a deal available uh sooner rather than later
45:40
sure absolutely
45:47
[Music] absolutely I know a lot of wholesalers but I’ll send you some properties
45:53
awesome well I really appreciate that thank you so much and uh I look forward to working with you absolutely same here what is your name
46:00
again I am so sorry no worries my name is Ryan awesome thank you so much I really
46:05
appreciate your time all right that’s two calls they had no idea who I
46:12
was what my name was and they both forgot and we got down that whole conversation so obviously maybe you
46:18
should put some more emphasis on Ryan uh but also how much information did I get out of both of them before they even
46:24
remembered my name so great convo super smooth uh the thing I did there at the
46:29
end was a different variety but I wanted to show you guys the approach of going and trying to walk them to the Finish Line that’s saying that you can walk a
46:36
horse to water but you can’t make them drink it we are walking the horse to the water and we are putting their freaking feet in the water so all they have to do
46:43
is drink it after knowing it’s water such a shitty analogy I love it but what
46:49
I want you guys to know out of that is that she was more than receptive because if I was trying to step on her toes and
46:54
be like this is how you need to do this the reason I asked a wholesale so what I would love to do if possible is if they
47:00
are willing to wholesale why don’t we just partner up on the deal so now what she can go and do is she can learn how
47:06
to wholesale from whoever the investor is they could JV it or or I will give a Refiner’s fee for bringing a deal to us
47:12
so that’s uh that’s the game guys that was freaking seven calls and
47:19
two phenomenal conversations especially the way you laid it out this time where
47:24
you’re like oh and there’s another you know one of my mentors also comes in and helps with any renovation cost if you
47:32
guys didn’t pick that up that I thought was a great I did that to help a lot of people out during the real estate
47:37
investing Community because proof of fun seems to be a very big concern not that it really needs to be it’s super easy to
47:43
handle obviously a local hard money lender one conversation tell them you’re missing out on a property or getting a
47:49
deal that they would be the funder for because you don’t have a proof of funds the Pard money lender will give you a funds letter
47:55
um that’s literally just the overview of how fast it is to get one but if you’re at the point where you needed somebody or you were hoping a mentor or a partner
48:02
JV buyer whoever it is it’s going to give you a proof of funds you could always tell them that the proof of funds is not going to come in your name or
48:08
your bank account what a lot of Realtors like to do is take control because they don’t want to be told how to do their job so if you word it specific ways you
48:15
walk them to the Finish Line and you have control there’s nothing to worry about so out of all those conversations
48:20
or attempted conversations the two that we had obviously were amazing those two Realtors asked great questions shout out
48:27
to Allison and shout out to what was that last girl Sandra those two are great realtors in San
48:34
Antonio both have great Insight great perspectives notice how we went from one that’s like what do you want me to do to the other one that’s like hey for all my
48:40
investors I count properties for them cool add me to the list that’s what I want uh yeah so unless it shows you too
48:47
like with Allison for example how she’s like hey I’m not super sappy with this like I I probably can’t be the gal for
48:54
this but it’s like it doesn’t have to be that’s the whole idea with this I get super stoked about it because the power
49:01
in using once again we talk about it all the time all of the software and the
49:06
tools that make all of this stuff the easy part where now you can focus on
49:12
brushing up on your skills on the phone and getting into agent investors and getting into communities where you can
49:18
go in and and have those those fake calls with people and role play like focus on that stuff don’t worry about
49:24
the buttons because you can pull up a list of awesome agents with two you know 45 seconds and people that are ready to
49:31
do some deals so I don’t know I think it’s super exciting to to see so if you guys haven’t liked this video you
49:37
definitely should and if you guys have questions put them in the chat as well absolutely
49:43
yeah we got a few minutes here um probably doesn’t make sense to make another call so we’ll just talk here for a few and then if you guys have
49:48
questions please like Landry said drop it below so we can address it answer some questions give you guys some free game for the last 10 minutes here
49:55
um Landry I hate to put you on the spot here but like what was um the biggest takeaway from those calls
50:00
was there one specific thing or nugget that might have just been overlooked by me or someone in the audience that stood out to you for me I mean one of them
50:07
both of them were phenomenal calls but I really do just coming back to that point because you see it all over even if it’s
50:15
something that like maybe you’re not on or alive that you’re a part of I see it all the time of people being like what
50:20
you were just talking about what about a proof of funds what do I say when they ask me for this the way that you laid
50:26
that out I feel like just really it should help anybody that’s had that or has had the fear of what to say about it
50:33
is setting the expectation I feel like this whole day has been a lot about setting the expectation like what do you
50:40
want for me laying that out making it that really clear on how you can help them if it’s not going to be in this
50:45
realm it’s going to be this way um at laying out all the different options and then making it obvious that
50:52
you’re not just like a straight up cash buyer where people feel like they have to be the one that has have a big brick
50:59
of cash in their pocket like that’s how I feel a lot of people kind of perceive
51:04
how they have to be prepared this cash buyer I need to have
51:09
all this stuff perfect so that when the perfect opportunity comes right in front of me I’m gonna go and capitalize or
51:16
whatever the belief is I don’t know I I 100 it’s the limiting belief it really is so it’s like if you if people lean on
51:24
each other it doesn’t mean that I’m saying that making calls is easy I would probably freaking suck at making these
51:29
phone calls it’s that there’s other people that have strengths that maybe you don’t have it that comes all back to
51:35
that you have things that others don’t have and vice versa so I just feel like leaning on each other for the things
51:41
that you really need to brush up on and um just remembering you know remembering
51:46
that you don’t need to have everything figured out it’s like that cliche quote of you can’t see success without failure
51:53
I know it’s so cliche and I’m like super passionate about it but you just can’t
51:58
anybody that says you can succeed without falling and stumbling a little bit definitely and I love how you said
52:05
the expectations that’s obviously one of the biggest pillars to what we do with agent Outreach reach expectations just
52:11
have to be clear for what you want them to do otherwise they’re not going to do it that’s the expectation side the other
52:17
piece is transparency the variation I threw today that’s just to show you that if you were at the point where you felt
52:22
like you didn’t want to go out there and lie well we’re not teaching you to lie we’re teaching you to go out there and find the relationships we’re teaching
52:28
you to go out there and get this one problem solve so that if a proof of funds letter is the biggest issue I was
52:34
saying this the other day to a couple people in agent investors and they I was like look what you need to remember is that whatever the issue is or whatever
52:40
you feel the biggest issue is in your business I promise you if the opportunity and a deal came across your
52:45
table the last thing you are worried about is a proof of funds the last thing you’re worried about is which contract
52:51
to use the last thing you’re worried about is where does my earnest money come from why because you have communities around you you have a show
52:58
like this shoot if you guys didn’t realize this already I am a buyer I will literally go out there and put earnest
53:04
money up for you I will put up non-refundable earnest money we will do all the paperwork for you we will help
53:09
you you JV it if we are not the buyer and we will tell you all the stuff we’re doing CCU on all the emails so that your
53:15
first deal is literally getting your hand held walked across the finish line and being taught how to do it in the
53:20
form of a real life example so you don’t have anything to worry about you just need to go out there and take action and
53:26
I love how Landry said it we don’t see the success without the failure what I just want you guys to remember is that
53:31
Rome wasn’t built in a day and nothing in this is going to be perfect in fact this is going to be perfectly imperfect
53:37
and that’s what’s going to lead to success taking the action making mistakes is just the first phase the
53:43
people that typically take the biggest leaps to success are the ones that make the most amount of failures fastest but
53:49
they have the right supporting Community around them to help solve the problems as they pop up not worrying about hypotheticals what if what if what if
53:56
hey this happened this happened this happened that’s called a roadblock we can get around roadblocks when we start
54:02
thinking about hypothetical roadblocks you don’t even get in the car so what we need to do is we need to make sure the
54:07
engine’s going the vehicle is moving and as things pop up we know how to maneuver around them so
54:13
love it and people have some really good questions here too uh let’s see Lenny
54:18
says oh by the way I’ll remind you or maybe bring it up right now as well as you’re talking about agent investors
54:23
because I don’t see your link up for that but you guys should get in there where you guys can go into the community as well yeah I’ll just have that going
54:30
as we go through the comments uh investors.com forward slash Discord brings you to the link for the Discord if you have any issues or anything just
54:36
comment below here so we can make sure you guys get the right link uh but inside agent investors Discord we have live coaching every single day Monday
54:42
through Friday 6 a.m Arizona time 8 A.M Central until we have our little clocks
54:47
go back or whatever I don’t know Arizona doesn’t change times so 6 a.m right now is the current time for Monday through
54:53
Friday coaching but it goes around an hour hour and a half would love for you guys to be a part of it it’s free there is no catch there is no games it’s just
54:59
live calls Community it’s people in my agent investors Discord that are out there just doing the work so rather than
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doing the work alone they’re working together as a community perfect okay okay Lenny yeah so here’s
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his question so do reverse wholesale letting the okay so he’s asking do you
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do the reverse wholesale letting the buyer make the offer before locking it up it’s a great question
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um I teach in agent investors that having a couple of those JV partners and like legitimate cash buyers that could
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give you a non-refundable earnest money offer a legit offer those are great to have
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um the proper and ethical way to wholesale is going to be doing it through Equitable interest and Equitable interest is when you have earnest money
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deposited to title which gives you the legal right and ability to wholesale the property so on a technical note reverse
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wholesaling finding a buyer first and bringing a property is technically in that category of like daisy chaining uh
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if you don’t have an executed contract or an assignment or an option on that property to be able to go and Market it
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so the proper answer is no now if you have a JV partner or someone a part of your operation I don’t think having one
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person overview your properties that you’re looking at is necessarily bad just obviously make sure that’s a buyer
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that’s not going to go around around you if you bring a deal to a buyer before you have it under contract with an assignment or purchase contract or an
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option it’s free game that buyer could definitely go around you so just make sure to protect yourself probably should
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be somebody you trust you know see if they what they would offer for something like that that’s a good point yeah
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correct um Abraham said how would your call to a hard money lender sound like when requesting a proof of funds
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um wish we had that comment a few minutes ago I would have called the hard money lender oh yeah yeah maybe we should do
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that too google.com great website love this one uh local hard money lenders
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near me then you’re gonna get a number of them if you see ad you see sponsored they’re obviously paying money to appear
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what your conversation looks like this is where you have to understand what your intention is with purchasing these
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properties if you are just a wholesaler you are just a wholesaler if you are a real estate investor you are a real
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estate investor so what I mean by that is that we are problem solvers and as Real Estate Investors Our intention
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could be to purchase a property for a Fix and Flip for a Buy and Hold for a um
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let’s say that we’re gonna end up going and doing some kind of creative structure on this there’s a few different outcomes obviously that we
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could go and do so Our intention is to purchase every property so when we’re going in with the intent to purchase a
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property what are some of the requirements that we might need if you don’t need past deals to show people that you’re legit what most Realtors are
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going to use to qualify you as an actual buyer is going to be proof of funds that’s is all they care about which is
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why most of them will ask how you’re financing or if you’re paying cash that’s why I played Dumb and I was like well it’s hard money does that count
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absolutely that is still cash it’s treated as cash because there is no contingencies so with that a local hard
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money lender pops up on Google hey my name is Ryan just wanted to call and introduce myself um I’m not sure do I have the right
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number is this the lending Department uh okay cool it’s receptionist they transfer to whoever it is it’s a mortgage underwriter it’s a hard money
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lender whatever the department is that does the hard money lending okay hey my name is Ryan I’m calling about a couple
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um questions so I just wanted to first off introduce myself I’m looking to build a relationship and hopefully create a win-win situation where we can
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do some deals together I’m an investor in the area and I’m trying to go out there and purchase a property I’m
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working with a couple Realtors and I also have some properties being sent to me by wholesalers one of the Hang-Ups that I ran into recently is that I don’t
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have a proof of funds letter and I quite frankly I mean I understand why an agent’s asking for that one of my
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questions is that do you guys provide that and how do I go about obtaining one if I were to go and use you guys as a
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hard money lender in the transaction they would obviously then pass along proof of funds letter because if that’s
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the only hang up between you and the deal and them getting business that’s why they would do it
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um the name of the game here well what happens when I wholesale the deal you tell the hard money lender that I wholesale the deal hey I got an offer
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that made too much sense to go out there and take down as a flip when I could have just turned around and wholesaled it make 10 15 20K but what I did do is
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that I asked the buyer if they already have a hard money lender and they told me that they’d love to shop around some rates so if it’s possible and if it’s
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okay with you even though I’m not purchasing this one I was wondering if I could give you a referral to that buyer and you can reach out to them directly
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so now you didn’t guarantee them business but you also didn’t take away business because if you went in and lied
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and said I’m gonna go buy every property that I get under a contract don’t do that if you’re a real estate
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investor not a real estate wholesaler your intent could be to purchase it your intent could be to flip it your intent could be to buy and hold it but if you
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wholesale it that could just be a good strategic business move so obviously there’s no hard feelings there and if anything they will appreciate the
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referral to the buyer because you don’t need to do that so that’s how the conversation would go with a hard money
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lender at least how I’d recommend having it it’s how I’ve gotten proof of funds letters from hard money lenders and then as time went on you build up enough
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money from wholesale uh you can go out there and actually Fix and Flip the properties and use that hard money lender that was able to give you the
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proof of funds perfect thanks for laying that out too that’s a that was a really good question by Abraham I’ve said these daily calls
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and Discord have been a game changer let’s get you crushing the phones and what’s up Stephen
1:00:03
well guys that concludes today’s agent Outreach live we appreciate you guys so
1:00:08
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1:00:26
that have watched the replay we will see you guys next week peace thanks guys