Invester Thrive Live with Nathan Payne and Landree Morby

Nathan Payne + Landree Morby – an agenda = a chance to learn what you really want to know about wholesaling real estate.

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what is up everybody we are live with batch leads Nation I got Landry on here
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what’s up Landry nothing much
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going by what about you really it’s been going fast wow just a ton going on just
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yeah videos you know I’ve I’ve had a lot going on I went and saw the Transformers
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movie Last Night Beat the Beast Wars thing I I was a big fan when I was a kid yeah it was good that was all right yeah
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I haven’t seen him in a long time I didn’t even know that there was a new one that came out yeah I’m not I just
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heard about it I was like let’s do it and um anyway yeah so it’s gone fast for me yeah yeah nice
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cool yeah well I’m excited for today uh really good to jump in
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jump in about who on here has a batch leads account work you guys are wondering about batch leads but it’d be
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cool maybe we should have people post in the chat like if you guys have batch leads right now comment a one if you
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don’t and you’re excited to learn more about it common to two then we can kind of get a good idea of who’s joining us
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today yes please do that and and again if you do not have batch leads you need to it’s time to step up it’s time to get
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it you know and I just threw the link in there so today what are we going to be going over is how to reach out to agents
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efficiently effectively and how to get deals that is what we’re going to be doing that’s what we’re going to be talking about and I’m going to give you
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some live examples of how to talk to agents because I am actually looking for a deal right now on five units plus
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between 5 and 16 units I’m looking for an apartment complex that I’m gonna buy with one of my buyers that I wholesale
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the deal to I wholesale I wholesale I wholesale and wholesaled him a deal for
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thirty thousand dollars at the beginning of the year it was an aplex and I reached reached out to him and I said hey man you know I want to own some
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apartment complexes if I find you some is it cool instead of you know taking out big wholesale fee is it cool if I
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take some and get Equity ownership in the property and he’s like yeah that’s totally fine too so this way I’m using
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agent Outreach and leveraging someone that’s an apartment owner and knows how to do all that stuff to for me to get in
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and own some apartments oh that’s exciting oh cool okay well I can’t wait maybe we we can walk through like
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exactly what parameters you would be thinking of when you’re trying to find you know the people to connect with to
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find this this apartment complex you know yeah yeah so so what we’re going to
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do we’ll get started if you want to pull up your batch leads account and I’ll kind of go through how I’m doing this
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um just yeah pull it up and then I can share your screen so everybody what’s going on is I have networked with a
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buyer and again this is very important because it no buyer that you just randomly meet is going to give you
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Equity ownership in a property that if they don’t trust you if they don’t like you they don’t know you so this is why I
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call it painless wholesaling is because it’s all about relationships it’s all about kind of finding out what they want
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and what you want knowing their buyer criteria and I know his buying criteria so now it’s very easy to look for what
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he wants so what I did is I said what do you want and he kind of told me the area so we’re using batch leads to kind of
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filter down and look for the agents that would have those opportunities and we can look for listings that are existing
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and pull those on batch leads apartments in the area he wants or we can just look for agents that are active and just
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network with them through texting doing drip campaigns instead of you know calling them and trying to get a hold of
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every single one of them you can be efficient and put them in like a drip campaign and you know I’ll show you that later today but anyway let’s let’s go
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through pulling this list okay cool I’m super excited for this this is going to be really cool so yeah in in batch leads
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you guys can now this has been out for two I believe two-ish weeks now it’s super exciting it’s a great way there’s
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multiple ways that you can pull agents in here and network with real estate agents I don’t know what you think
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Nathan but I don’t think there’s anybody that shouldn’t be networking with agents no find one reason to say no you
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shouldn’t reach out to agents no I think a lot of people don’t is because they kind of maybe feel like they’re frauds
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as wholesalers are like oh I don’t actually buy and they’re gonna ask me if I’m a wholesaler look everybody that’s
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listening you need to listen you guys tune in everyone Wholesales like that’s just that’s just an extra strategy even
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flippers I know a flipper that did 90 flips uh last year and he said out of the 90 flips there were 50 of those were
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wholesale deals and he doesn’t even really wholesale he’s just a flipper that he gets properties that people
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bring to him because they know he flips and if he doesn’t want to flip him he’s like hey let me just ask my buyers if
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they want them wholesaling is something everybody does if they’re efficient and they’re smart and they want to maximize the properties they get yeah yeah and
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that kind of brings a quick question for you too on something that came up recently in the community with a
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property that we pulled up I believe it was in Memphis it was active right on
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the market and in the description the agent had listed no wholesalers what
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would you do in that case of reaching out to an agent maybe we should pull that property up today yeah great no
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wholesalers yeah no I understand I wouldn’t want to just work with someone that strictly doesn’t does the
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traditional way of wholesaling that I call it traditional because that’s what they teach where they just lock up a property and then they go and try and
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find a buyer that’s that’s a waste of your time and and I think everybody’s time that’s not what I do I lock up
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properties where I know it’s a deal or I have a buyer already and so it that doesn’t worry me when I see that because
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that’s I already reach out when you guys yeah of course yeah it sounds like they
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probably got burned in the past with somebody or I don’t know there’s too many people that learn this business that are new that just lock up deals and
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that don’t know who they’re going to sell it to they don’t really know pretty much what they’re doing and they put a
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lot of sour sour taste in a lot of people’s mouth but that’s not what we teach and what we tell people to do yeah absolutely okay cool well let’s pull
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this up um if you guys haven’t used this in your account yet or if you’re wondering about it you basically just have access to
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this awesome real estate agent directory anywhere in the United States so you have to search an area but then you have
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other things in here so what what do you want to search for today let’s do what I already did and so people kind of get an
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idea of what happened so we go Sandy Utah and we want to work with agents that
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have sold a minimum of four in the last six months and
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um a total of 1 million um to uh let’s say 10 million let’s see
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how many pop up and this is a total sold so that would be like in Utah like one to two houses
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to hit that million Mark okay go 10 million okay you did that okay for free
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in the past let’s do 12 let’s do 12 months let’s see let’s see what we got and then search it okay
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and how many do we have we have 36 36 okay we might uh go back to the filters
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we might need to broaden that uh let’s see um let’s go to um
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maybe the sole blessings we could make yeah a larger amount of time yeah go 12 months okay
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let’s try that out what do we got okay so 164. perfect okay
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so what I did is I took this whole list so you can do it for if you like Landry you can select them all
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and uh you can select all and save it to let’s call this Sandy uh Sandy agents
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and then um you can do a tag if you wanted to that was agents but it doesn’t matter all right so what I did then is I
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went to lists um and then I selected I went to well
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actually I think I went to the different tab which is uh properties on the left on the sidebar oh you did yeah my I think I went to uh
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no not probably this will be a little separated like in terms of did you pull off the agents yeah I pulled off the
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agents and then I selected and I exported that list and I put it into this new CRM I think okay so you’ll do
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it right here so you’ll just select them right here in this kind of separated spot which is kind of nice because then you don’t have to worry about like which
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ones are my agents which ones are my properties and like have this all jumbled thing so I think you just grab
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it right here that that list yeah there it is there it is yeah and then select these and then you would uh
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go to export to excel and then uh let’s see the only I don’t
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need all 20 I just need the um the first 14 I think the first 14. okay so no
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office counting no list count name tag count date updated okay cool yeah yeah and then next and then I exported that
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Sandy agents yeah so my goal here with doing this is to
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export this and then put it into the CRM that I use and then what I do is I text blast these agents specific and I put
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them into a workflow of specific like messages that’s sent to them so I don’t have to go call 164 agents today I can
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send out a text message to them saying hey are you still an agent and then if they respond then I want to talk to them
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you know then that’s when I um would with deem it’s worth my time right
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um because you could spend all day calling agents especially if you’re just calling one by one so you call and if
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they don’t answer the next step in the drip campaign and do you know what drip campaigns and workflows are Landry yeah
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yeah so like let’s say what you leave it would you say like a week that you would maybe like have an automatic drip set up
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or something that’s a little bit sooner right well so for example if we send a text message and say hey what’s going on
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are you agent and they don’t respond you can send the next text could be in a week right say hey not sure if you’re
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still you know there not sure if this is your number would you still be interested and this workflow that is set
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up it hits them up 10 times and then if they don’t respond within 10 times then it puts them in like maybe bad number or
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whatever so that’s like the first step to agent Outreach right is like hey let’s at least find the people who are
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the agents that are actively um responding that are hard work not hard workers but are working right yeah
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they’re excited to get your text they’re like oh you know yes I’m still an agent
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like what do you what’s happening exactly those are the people I’m sure you want to work with exactly so right
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here is you you export a list and you put it in we don’t have to show people how to export and put it into the CRM I’m just kind of talking it through but
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uh once you get them to respond then your goal is to let them know talk to
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them network with them and uh tell them what you’re looking for now your conversation is going to be very
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unproductive if you don’t have an idea of what you’re looking for what are you going to call an agent and just say hey
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my name’s Nathan nice to meet you I’m new and you know like that’s just not gonna I think it’s a waste of time right
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yeah well what would you say though if you don’t have your buyers yet and you’re using agents to find buyers how
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would you go about that well you could you could call them and well see this is probably not the the strategy you’d want
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to do to find buyers because you’re using these agents to find you deals so if you’re going to call them be like hey
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I’m new I don’t really have I don’t have any buyers or I want to start wholesaling they’re going to be like
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well I’m not really going to look for you right because you’re you’re not the
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buyer so that’s why I would say in this situation you would really want to start off and know what people what your buyer
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wants or what you’re buying so when you go to them you go to with authority you go with purpose and you sound like you
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know what you’re talking about right right well what if you pull like let’s say in property searching and you do it
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the kind of the room reverse way of like you narrow it down you pull a list of buyers and then you save the agents
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attached and you reach out to those agents specifically and be like hey I saw that you listed 123 Main Street that
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flip looks great you know I’m wondering if your buyer is looking for more yeah that that that’s not how you would go
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about it that’s how I would go about if I’m looking for buyers but yeah this way of this is called Agent Outreach what we
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just pulled like a list and we’re trying to network with agents to bring us deals this would be more something I would use
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to try and network to get deals yeah so there’s a little bit of difference like when you go to the property search and
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you search Sandy because you have a deal or you like have you’re looking for buyers in that specific area you’re
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calling those agents that have listings in those specific areas now I guess you could do the same thing here you could
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call and you could say hey I noticed you have buy uh you’ve listed a lot of properties uh either way it’s kind of
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like this either way yeah yeah Okay cool so yeah I love that I mean easy you’re you put in your filters what you want
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pull them out off I don’t know do you have do you want to share your yeah
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that would be cool so real quick like I’m telling you when you’re calling let’s say let’s say you have a buyer by
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now like you know what people are buying you want to have their buying criteria so I’m going to show you all how to create a uh buyer a buying criteria for
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your buyers so when you’re talking to these agents you know what you’re going to ask them to look for for you if they
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find it and they can send it your way and so you know you have a baseline to establish that credibility so if no one
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knows how to do this it’s very very simple um we’re gonna go let me share my screen
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really right here and let us know guys too put in the chat or the the comments
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what questions you have if maybe you’ve been somebody that has wanted to reach
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out to agents to help you get deals or whatever the case might be you know if
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you have fears about it what those fears are whatever you guys have let us know because you know we’re live here right
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now Nathan has a well of knowledge to share with whatever you guys are wondering about oh man thank you that’s
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so nice of you to say that all right so just so you know what a buy
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box criteria is it’s what buyers give to agents to wholesalers to people to let
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them know what they want so I’ll show you one that a hedge fund gave
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me let’s see is this it uh there’s this one okay
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here it is so this hedge fund said hey if you find anything that meets this criteria send it our way we’ll look at
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it we’ll make you an offer that’s what we want to give to agents we want to build an army of people looking for
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deals that will meet our specific criteria so they’ve told me they want Atlanta Tampa Orlando Dallas Oklahoma
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City and they want three beds two baths over a thousand square feet uh built in
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1965 or newer and they actually even send like a nice little uh PDF whatever
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you’d say graphic that’s looks cool so I want to make one I have never I don’t
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think I’ve ever made one um our buy box what does that say our buy box
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I’ll have to I’ll make it prettier don’t worry not at the moment I don’t need to
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do that but uh yeah yeah yeah just make the note I’ll just make the note okay so
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I’ll go to one of my buyers um that let’s see let me find him really
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quick uh let me go to this other screen I want everyone’s seeing my text messages
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give me a second so I’m looking for Jason who is my buyer um that I wholesale this property to and
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he gave me his buy box criteria let’s see if I can um I’m good I’m actually blah blah blah
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okay this is really huge too because it’s like putting on even things like not even this type of material for this
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like types of properties like if you had that information from your buyers beforehand and you know when you go to
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look at a property if it doesn’t meet that criteria you’re just like that’s not a deal for me you know for the people that I have yeah it helps you
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definitely stay focused right yeah um at least find somebody else that’s looking for that instead but
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so this is what I said to him just so everyone can get an idea anything specific you’re looking to buy now I
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want to focus a little more on acquiring apartments and finding some for you to buy and get some equity in it if I find
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a good deal and provide some value to you to stay in the deal good timing I was actually talking with my business
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partner yesterday and we’re looking for more sub-institutional multi-family housing think uh like 6 to 16 units so
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what I would say is six to 16 units right so now I already kind of have a
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baseline of what I’m trying to do uh with uh these agents no dang I don’t
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want it there let’s see if I can put it here are you son of a gun all right we’ll just do that okay so one
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just did I say I said five six I think six to sixteen units is that what he said yes 60 16 units we are on the hunt
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for something uh before the end of the year for cost segregation
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um okay we are trying to stick within Salt Lake because I asked him where right yeah Salt Lake Davis and Weber
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County okay so now we have uh location Salt Lake
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Davis and Weber County
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right all right then what else is there um probably five million mark would be
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the top of where we want to be right now so I’d say uh it’s kind of five million
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mark would be the top of what we want to be right now for price
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um so that’s it could I obviously I not use canva I can make it look prettier but that’s kind of like a good uh
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Baseline to start off with so now if I call an agent who’s represented anyone
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from a million to 10 million dollars in the last year I can say hey look my name’s Nathan I work uh with some I’m an
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investor and I have some me and my partners are looking to buy uh you know apartment complex from 6 to 16 units do
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you work with multi-family no I don’t well do you know anyone that does do you know I’m gonna I’m not only a buyer that
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buys multi-family but I do flick Fix and Flip so now I’m coming to that conversation with value because
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um I’m someone that can pay them right yes so that’s that’s the importance of having a buy wash Criterion ongoing
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Apartments but I also can do single family nobody has to you guys don’t have to start off at apartments that are
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watching this I just want bigger deals that will make more money right right so
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you could just do this the same idea with with whatever types of properties you’re looking more but having this
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prepared yes just like uh like these guys right
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um there they have their buy box they even tell you what counties they want um I got this hedge fund that actually
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gives you a spreadsheet and tells you you know beds bass square footage the
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year built um what is that Ami not sure minimum rent
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they even tell you hey we don’t want it if it rents are lower than this so it really keeps you focused and looking in
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the right direction because when I first started wholesaling I was like uh running around with like a chicken with
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my head cut off thinking everything was a deal yeah that can end up wasting a lot of your time especially if you don’t
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know what people want to buy in your Market you could spend I spent a year working with like an old lady she told
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me like she loved to talk to me so I was like okay and she had like some piece of land that was kind of weird but I kept
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on talking to her and uh like took a year till she was like open to even signing and then her daughter like
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walked in uh while I was on the phone I was like who are you talking to this guy’s trying to scam you and it was over so that’s a that’s a weird conversa I
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guess that’s a weird example but I’m just saying you be careful how you waste your time because you know whether it’s an old person who can’t really make the
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decision for themselves or you’re working on a deal that isn’t even a deal don’t waste your time that’s all I’m
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trying to say yeah 100 I mean if you have this stuff ready to go you’re like this is what we’re looking for you know
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let me know if you have something or get them excited to to help you get that deal so they can get paid too exactly so
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um all you have to do in canva is once you make it again I’d make this prettier before I sent it out but you would just
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download it as a PDF and then you can send this in a text message to people
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okay okay yeah so that’s that’s as easy as it is it doesn’t have to be anything
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I think sometimes thinking about buy boxes that can get over complicated like okay I have to have everything ready to
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go like the exact down to the way the property looks type deal but some it’s
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just the big things that are important to your buyer right and all I’m doing is I’m taking the text message that he sent
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me and I put in here he said uh the right deal bill can sway
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us to a different location
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um there you go so let’s go to the CRM that I got and I just got this set up guys today because
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I was like yeah let’s freaking try this this looks awesome so what this does is this will automatically send out offers
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to people um it will take the listed price and do a certain percentage or it will take the
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estimated value and send a percent percentage in a PDF so uh if you guys just check this out
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uh where is it nice so it will go here else this is my
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company letter of intent it took the address it sent the offer to the apartments that I want to buy and the
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agents are responding now and that’s who I want to talk talk with or the agents
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that are responding I I don’t think I’ll necessarily get this offer but uh or them say yes I’ll accept it but again
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I’m just trying to get on the phone with anyone that has a pulse really that I can talk about yeah so wait so you said
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that this is automatic that it’s doing that and then sending out your Las yeah uh letter of intent yeah sends out the
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letter of intent if they have a listing that’s currently on the market or if you do the agent Outreach which we showed
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everyone where you’re just calling them if they’ve had listings and you’re talking I’m doing both I’m sending out
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offers and I’m also just trying to connect and network with people yeah oh Loi I was like Los what am I saying yeah
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yeah actually no I don’t want to correct you but letter lo I I think you said why
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no why yeah like intent yeah yeah yeah there you go all right let’s see
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so these are agents that are responding to my offers and my agent Outreach
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automatically without me having to call them so um let’s look at this uh this is one
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that received my offer Hey Dean I just sent you over an offer can you let me know if you got it it closed this week
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over asking so I have the opportunity to continue the conversation over text
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email or I can call them uh because this is someone that’s you know actively
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doing deals right I can let’s let’s do it let’s call them normally I probably
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would like text a little bit more like hey do you have some time to talk um you know I got your email but let’s
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for the purpose of this uh call let’s let’s show people how it’s done all
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right so Dean we got his phone number right here um let’s give them a call
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called Dean let’s see connection loss come on I mean I gotta
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refresh this thing see if Dean’s a nice guy
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I’m curious all right and this is once again the list you got
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from agent Outreach right match from batch leads solid you know
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okay I actually have to unplug this in order for everyone to hear it I think
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I can’t hear you looks like you’re muted all right all
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right can you hear me yeah okay let’s go back to uh I have to I think I have to share my screen
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um through a window tab yes sir okay cancel that
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that’s dang technology everybody I know all right let’s see
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um let’s see Asian outrage processes Auto
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dang I gotta find that tab come on
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tell me if you can hear um let’s see if you can hear this dial
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okay I’m just clicking all over what’s going on here
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all right let me refresh this okay let’s do it again can you hear this
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ringing it’s ringing right now no
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no yarn
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hey Kristen I was trying to get a hold of Patrick day is he is he available
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oh Patrick is the broker oh hey
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it’s it’s breaking up a little bit can I call you right back okay call you right back
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okay so you couldn’t hear that so I wanted to hang up because uh what’s the point if you can’t hear my conversation so
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yeah yeah dang technology I know you’re like you’d think that you could just do
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anything you wanted and it’ll come right through yes it’s giving me a hard time I’m sorry batch Nation I’m sorry if that
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happens I’ve been having a ton of technical difficulties lately with my computer like shutting off the screen in
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the middle of a meeting so I feel you I’m letting batch Nation down right now I feel like oh no
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let us know if you guys do have questions though comment them um while we get this kind of up and
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going anything that you guys are wondering about it doesn’t have to be about agents either just anything that you guys have you know around
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wholesaling uh or the system of course too I am curious um about what I’m talking about Landry
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do you find this uh helpful because you know I like feedback yeah yeah absolutely I think these are the things
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that when people are going through at least within the community everybody is
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trying to find a process that makes sense so I think for anybody watching
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let us know if this is making sense to you because I think this is super helpful in terms of on the other side of
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when you do already have buyers that have a buy box that they have provided for you you can go and use agent
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outreached it literally in a couple of seconds pull the list and then just start reaching out this is super
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powerful how now that you have the CRM setup that showing that process freaking
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money yeah yeah that’s awesome well let me say something else that is going to blow your minds everybody like with
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texting there’s obviously like laws and they’re passing a bunch of stuff like you can’t spam people like agents are
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put they put their numbers out there you can agent will never sue you for texting them they can’t like yeah they’re like I
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want this business exactly so this is like a super compliant way to do business
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um and look there’s 18 I just sent this out this morning 18 conversations and people responded this is an offer I sent
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out to uh one of the um what’s it called uh the properties that I want to buy and
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the agent already responded pass this along to and spoke with the seller he will decline already
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he’s responding that’s amazing that just saved me so much time now what I’m gonna
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do is I’m gonna look up this house there’s a Zillow button I can click it okay so this is a uh eight bedroom four
28:34
bath duplex so I’m going to call this agent and and chat with them about what I’m really looking for in my buy box
28:40
let’s let’s give it a shot let’s see let’s see if I got what it takes um and I think I shared it so the the
28:47
volume should be working uh when I call so let’s let’s call it again
28:54
all right Patrick Patrick day
28:59
if it’s ringing I can’t hear it just adds up okay it hasn’t rang yet but okay just let me know
29:06
oh I hear you please hold while I tried to connect you [Music]
29:16
I always loved the music before for calls
29:21
hello this is Kristen Wetzel hey Kristen uh sorry about that this is Nathan I called and I was trying to get a hold of
29:28
Patrick because he has a listing on East Red Maple Road uh that it’s a complex
29:35
yeah let me give you his phone his phone okay yeah um it’s so interesting so I guess is this the
29:41
office or is this your number and I just came in yeah no this is the the broker it’s this
29:47
number is really for I didn’t
29:53
on things so don’t don’t even worry out if he has direct number well I’m glad I got a hold of you you seem like a great
30:00
person to work with too all right um so his phone number is 801.
30:07
okay give me a second let me pull up my notes real quick okay so 801
30:13
nine one zero nine one zero six three eight seven six three eight
30:20
seven and um and so I have your number uh your
30:25
name down what was it again I’m sorry my name’s Kristen k-r-i-s-t-e-n and then wet Soul w h e t
30:35
z e l so I’m the managing broker for exp Utah wow that’s awesome so do you have a
30:43
lot I’m assuming you have tons of agents that uh you work with then we have 500
30:49
gosh and you just you you were able to answer my phone call being that busy with all those agents wow
30:55
oh we have a great we have a great system work Cloud Beast brokerage so
31:00
there’s two people that broker the state wow and then but we’ve got just an
31:05
incredible support staff you know behind us that does all the other things so I
31:13
always answer the phone and if I don’t get back it’s usually within an hour yes
31:19
well you never know what’s on the other end of that phone right it might be a listing might be something right so heck
31:24
yeah right do you by chance have sure I’ll call Patrick in a little bit but do you by chance have like three minutes I
31:30
just want to ask you a couple questions and tell you what I’m looking for maybe you might be able to help me out
31:36
um sir let me let me get a piece of paper though let me grab yeah I know you might be able to help me
31:42
you might not you might even know like what agent to send okay so I can you know network with them okay are you an
31:48
investor or I am yeah buy something I’m an investor so I’m always looking for
31:54
old relationships and Network and and find deals great okay tell me what
32:00
you’re looking for so right now I was specifically like a couple years ago well recently I’ve I’ve moved into
32:07
apartments and looking for multi-family Investments but I I have done mostly like fix and flips I’ve wholesaled a
32:13
couple deals but now I’m looking to invest in in multi-unit so I was wondering if if you come across any or
32:20
if you know any agents that specifically focus on apartments
32:26
so we’ve got we’ve got a commercial division that mostly does so residential
32:35
um usually goes for and under before it hits commercial
32:40
designation so anybody that’s got a residential license can still be commercial right but we do not like our
32:48
agents to sell in the commercial space unless they’re super super Savvy and and
32:56
up on that so we’ve got an entire commercial division that mostly works with that they do have a ton of pocket
33:03
listings um we definitely have people that specialize in that if I can get your
33:09
information I will connect you I just want to make a couple phone calls um and then I can have them give you a
33:16
call yeah that’d be great because I have like my criteria of what I’m looking for like five six to 16 units within like
33:22
Davis or Salt Lake County and I can go up we’re really not trying to go above like 5 million we’re trying to keep it
33:28
like five between like five and lower but you know we’re open if it’s a good deal
33:34
okay perfect do you specifically only want that area
33:40
uh we can be sweet no we can be swayed depending on the deal so if it’s like in
33:46
um you know box elder or even lower Utah County uh we’re open but we usually just like kind of that area because that’s
33:52
where we live and we like to be kind of closer to our our units more Hands-On yeah yeah we still kind of think we
33:59
still okay we have like a rule we only really like to buy uh apartments that we
34:05
would live in ourselves just because that make that kind of helps right you’re out like hey okay this is this is something we like and we feel like we
34:11
run it out oh totally totally makes sense and what
34:16
is your name my name is Nathan Payne uh p-a-y-n-e and uh just to kind of let you
34:22
know a little bit more about myself I I do like I’ve been an investor for a while so I teach like what I
34:28
specifically do is I invest but I also teach people how to get into um real estate investing as well so
34:34
maybe I’d be a good contact for you and I can send like you know maybe some of the people I coach to uh to list with
34:40
you your your brokerage if they have flips they won’t listen
34:47
and awesome okay I will definitely keep your information and as I said you reach
34:53
the broker so this is the broker number awesome I’m Kristen Wetzel so if I can do anything for you you know don’t
34:59
hesitate to call back but let me make a few phone calls and really connect you
35:05
with with somebody that will best be able to help you in our organization awesome and
35:12
um yeah appreciate your time of course yeah so should I just wait to hear back um from someone yeah I’ll call them
35:19
uh-huh I’ll call them right now um um Dr Bill Nieves is the one that is our
35:25
commercial broker and he is absolutely incredible his network is is
35:34
so vast wow that’s why a lot of the stuff um that he’s got is really
35:41
kind of pocket was jeans yeah if you will it’s it’s his networking and really
35:47
being able to connect with that community and those resources to kind of match you with something that’s working
35:54
out really well so I I will make the phone call to him yeah I know I said
36:00
that’s perfect because that’s exactly how I do business too on the single family side it’s all about your network you know you find deals all the time oh
36:06
for sure don’t even hit the market yet yeah and that’s what I kind of oh yeah but now I gotta I want to like go hire
36:12
into you know multi-units and put the money my money to work for me that way a single family like the rental game is
36:18
you know it’s okay but multi-family is way better oh for sure do you have any properties
36:26
yet yeah yeah you know how many properties do you have like that well I have a couple rentals that are single
36:32
family I am now venturing to the multi-family so I don’t have to be I’ll just be frank with you I don’t have any
36:37
multi-units at the moment I’ve usually just not yet but you’re yeah I’ve usually just you’re moving towards that
36:43
I’m moving towards I actually wholesale day um apartment complex an aplex to one of
36:49
my uh the buyers but now I’m partnering up with them where I’m looking we’re buying them together so that’s kind of
36:54
why I’m making these calls looking to get as many as we can we got to put we gotta invest five million before the end
37:00
of the year so okay down the perfect it might I’ll call
37:06
immediately but sometimes to really sort things out it might take you know a day
37:12
or so so I will make sure that um the contact is made and that it will
37:18
get you connected with somebody shortly well I really appreciate your time and your your kindness that’s I’m excited
37:24
let’s let’s do a deal together you’re welcome I’d love to I live in St
37:30
George actually oh really oh okay yeah I raised my family in Lehigh and moved to
37:38
St George well hey the weather there it’s feeling it’s beautiful I love going to St George on like like a staycation
37:45
trip I’m in Sandy right now so
37:51
um 1300 East 1300 East and I think yeah it’s right by Midvale it’s like where
37:56
where Sandy cross is in the Midvale oh oh right house right off seat Street if you know
38:04
where you went to golf is um yeah yeah it sounds right you’re on State Street so my backyard was actually
38:13
when a golfer so I had a house there and when I moved there back in the day there
38:19
was nothing but a Big Field it was so funny I’m actually trying to get out of here
38:25
it’s getting a little too crazy here in Salt Lake is it really because it’s too
38:31
crowded or you got some two cities moving in I think it’s getting crowded that’s my my
38:37
you know yeah yeah I I was raised my kids in Lehigh
38:43
because my husband was a golf pro at Thanksgiving Point so when we moved to Lehigh it was still a one cow town so
38:52
they I mean literally going to Highland if it was just one-way Road
38:58
in each Direction you know and I blowing up now
39:04
oh I was there when yeah it was nothing but filled and it’s
39:11
just crazy to just to see what’s happening you know down here it’s yeah St George is growing insanely yes
39:18
exactly yeah well I I envy you because the weather there right now it’s a little cloudy right here so I’m sure
39:24
it’s nice and beautiful down there oh it is it’s it’s always I always feel
39:30
like I’m on vacation it’s just I just love it here it is it was good to live
39:36
up there while I did but then I was just done yeah and I’m sure the golf is good for your husband too down there because
39:42
it’s there’s some beautiful horses down there well hey Chris uh Kristen it was really nice meeting you and I’d love to
39:48
chat here too and my my way and yeah let’s let’s do it okay together sounds good you have a great day we’ll connect
39:54
shortly all right bye okay bye thank you oh that was scary huh that was awesome
40:03
that was really really great for hopefully I mean for any of you guys watching hit the like button that’s super valuable to see that I think you
40:11
know agents or Brokers they’re waiting for your phone call and it might not be the right person for what you’re looking
40:16
for if you guys do ever run into somebody but there’s I mean she’s like okay I don’t do maybe that personally
40:23
but I know the broker for the commercial side and they do a ton of pocket listings all right come on that’s that’s
40:29
populist things is free leads you don’t you don’t that’s why I teach this is like batch leads has given you a great
40:35
way to do off-market deals but on Market deals too and if you partner up with the strategy I’m showing you guys you don’t
40:41
even have to pick up a phone call until you know someone will answer so it’s it’s this is what I’m showing you is is
40:47
a game changer and it’s gonna help you get way more deals and it’s not scary
40:53
um and did you notice that I was like I’m a wholesaler you repeat it you said it multiple times just to really be like
40:59
yeah that’s what I you know I’ve done that multiple times and I think people want to like not say like it’s a bad
41:05
word everybody everybody it’s out there everywhere yeah and I said hey I
41:10
wholesale the uh apartment complex to my buyers and I’m working with them she’s like great awesome good for you right so
41:18
what we do is you just be open honest and you work with people and you network and you see if you can provide value to
41:24
them see if they can provide value to you and you do deals that’s uh that’s it so
41:29
um hopefully that was helpful everyone we kind of went through uh going and getting the list calling making offers
41:36
using the CRM or you can just do if you don’t have the CRM if you’re interested in this CRM hit me up because I can send
41:42
you a link that gives you a little discount on it um but yeah doing that and then reaching
41:47
out and networking now she’s going to send have me have the commercial broker that gets tons of product listings give
41:52
me a call we’re gonna chat we’re gonna see what we can do you saw me use my buy box criteria I sounded like an expert
42:00
have I bought an apartment complex by myself before no but did I sound like I knew I was talking about yeah she’s like
42:06
oh yeah what other ones do you have you’re like I don’t I don’t yet have multi-family I don’t yeah I’m new I’ve
42:12
been wholesaling single family for the last five years and now it’s time to get some apartments yeah so
42:19
um yeah does any any questions that we should uh go over before we wrap up or does anyone have any comments they want
42:25
to put in there yeah let us know guys before we hop off I thought that was super valuable to see the the process
42:31
rather than because so many people of course are are uh using the strategy to connect with agents to find buyers but
42:38
seeing the other way around of how to find deals through agents is huge yeah it’s it’s honestly super exciting like
42:45
yes one it’s a game everybody like there’s nothing to be afraid of like let me show you one more screen so this is
42:51
the agent Outreach text that gets sent out hey Adam my name is Nathan I found your number online uh and was just
42:57
wondering if you’re still an agent yes I’m still an agent great I’m looking for another investment property do you work
43:03
with investors yeah I work with investors what are you looking for what areas what price range so he wants to know that
43:09
do you have any properties coming soon that may be a good uh investment not the moment but I can’t keep you posted so
43:15
this would be a perfect opportunity to send him um a uh what’s it called a buy box
43:20
criteria and then this thing you can tag you tag it tier one agent if they
43:25
respond because we want to work with tier like tier one and above right so if you do a deal it’s like tier three tier
43:32
four you just keep tagging it so this thing if you’ve all kind of struggled with knowing like the best workflow the
43:38
best way to go through it this like helps you out a ton to like organize uh but if you don’t have a system it’s as
43:45
simple as just getting on the phone and telling people what you’re looking for and they’ll look if they’ll find it for
43:51
you right I mean of course we pulled the list of in this example 164 agents so
43:57
it’s like for any of you guys being like I can’t do it because I don’t have a system put in place it’s like get that
44:03
out of the way and just start doing on your phone sure it’s going to be more time consuming but you could literally
44:09
just take what Nathan has right there make sure that somebody’s an agent and is responding to you and then go from
44:15
there I think that’s really really and super simple too yeah let’s let’s just respond to this guy just so you know
44:21
that I practice what I preach I can keep you posted okay great um
44:27
let’s see I’m sorry I’m not good at typing right now I’m I’m specifically
44:34
oh my gosh I have those days too I’m like I can’t I can’t well my family
44:40
do you uh do you come across those a lot
44:47
this is what I’m oh my gosh I’m looking for
44:56
and then you can add uh your PDF in here which we just did our buy box it’s not pretty but hey I
45:03
don’t care I’m sending it anyway and sending it as an SMS so I said um
45:10
right here oh I was about to say I was like when does those messages pop up there we go okay great I’m specifically
45:17
looking for multi-family do you come across uh those a lot this is what I’m looking for right now and then he can
45:23
look at it and he sees the buy box he’s probably like yo am I dealing with a three-year-old
45:28
no he’ll love it he didn’t put any graphics on there or anything all right not the moment so we’ll see but now this
45:35
is good now if he responds and we start vibing and I like him I’m gonna call him or I have my virtual assistant in here
45:42
responding zeeshan and he’s going to call him and say hey I work for Nate I’m his virtual assistant
45:48
um you know this is what we’re looking for and if he Vibes with them great and if he doesn’t he’s gonna send to me and
45:54
I’m gonna Vibe it’s all about the relationships again yep love them cool
45:59
I’m excited well if you guys have I mean Nathan you’re in the here let’s get this link really quick too and maybe post
46:05
yours as well for in your community but yeah let me get this link for anybody watching to get into the community
46:11
Nathan you’re in there so people could message you and ask you questions there too if they think of something right
46:16
yeah 100 come on in um I will show everybody my um
46:23
let’s see where this is at let’s see if anybody’s interested in uh
46:32
checking out my community it’s just a Facebook group it’s called painless wholesale group we do a free uh training
46:38
every Wednesday at nine right before this call uh where we dive deep into how to find buyers and and get deals without
46:44
you know having to uh spend money on marketing when you’re brand new obviously as you get deeper yes we’re
46:50
pulling lists and marketing is so important but in the beginning all you
46:55
have to do is you know reach out to some agents find some buyers first and then get the deal done but yeah that’s
47:01
there’s this group and I can go to you want me to share the screen of your community let’s see bachelor’s Community yeah let’s see we can just give you guys
47:09
an idea we use slack so if you guys are familiar with you know Discord it’s
47:14
really similar to that and it’s kind of just threads of messages that you guys can connect with each other and Squad up
47:21
so yeah this is the community I’m a part of as well love it there’s always stuff going on live webinars CR you’re
47:27
crushing it with Jamil see over here oh yeah those are those are some good ones we’re always posting all the live things
47:33
that we’re doing for everybody to hop on so yeah definitely yeah there you go yeah classes in there like everything
47:40
you can think of to get connected and know how to use your systems so you don’t have a headache when you look at
47:45
your computer because yeah there’s really no excuse for not taking action when I have a free community batch has a
47:52
free community we do these calls really the thing that’s left is up to you to make the calls make the relationships
47:57
and and find the buyers that you can bring deals to absolutely get the systems out of the way and then focus on
48:02
your skills of of actually starting those conversations and to just take action so well this is super cool the
48:09
way that you’re using this and hopefully this is valuable for everybody watching um I don’t see any questions or anything
48:14
so far I don’t know if you see anything on your end that I’m missing here I’m excited so can’t wait to see what
48:22
comes of this next time we hop on the call love it all right were there any questions that you had from the
48:27
community that they wanted to bring on the show or are we good I do have one question for you actually now that I think about it let me just share this
48:35
um so somebody was wondering from the community so if I make I’m just reading
48:42
this off of them so if I make an offer for pre or on a pre-foreclosure and it’s for less than what is owed on the
48:48
property who or whom is responsible for the loan balance not the end buyer right the seller would be so I if I owe 200
48:56
000 on my mortgage and someone makes me an offer 150 000 I would have to come out of pocket me the seller fifty
49:04
thousand dollars to to be get the bank the bank will never not get their money they’re going
49:09
to get their money so you you can’t accept an offer that’s lower than what you owe without paying it out of your
49:14
own pocket so could that happen though after it’s closed or it has to happen before
49:21
um you what do you mean by after it’s closed like if it goes under foreclosure or no like beforehand like if you’re
49:29
making that offer on that pre-foreclosure and then you they accept it and everything to pay that out of
49:35
pocket before you’re like yes I think I think at close they would have to bring
49:40
the money to because when you purchase a property the title company like make
49:46
sure that that everything the title transfer so in order to transfer the title the existing the first position
49:52
lien or the loan right has to get paid off and that’s that’s how it works so if
49:57
they didn’t come with the money the transaction wouldn’t go through I guess in some cases you could I think
50:03
I’ve heard of somebody giving the seller some sort of if it’s not anything crazy is that something
50:09
that you’ve ever heard of to get it done for them to bring that to or is that oh
50:15
to catch it up to make it current
50:20
ly oh yes her device disconnected okay but I can answer that question because I I
50:25
understand what she’s saying so let’s say that someone is behind on their mortgage they’re about to go into
50:31
foreclosure or and they’re in pre-foreclosure uh she’s back they’re about to go into pre-foreclosure sorry
50:39
they’re about to go into foreclosure they are in pre-foreclosure pre-foreclosure just means they’re going to get foreclosed on and lose their home
50:45
uh I was answering the question so you’re good um so what you can do let’s say the
50:52
person is behind ten thousand dollars right they owe 210 but they’re behind ten thousand so uh you can catch up what
51:01
they’re behind and make the loan do like not do a current so then it won’t go
51:06
into foreclosure I’ve done that in the past so I I bought this guy’s house that was in pre-foreclosure he was behind
51:12
fifteen thousand dollars I brought fifteen thousand dollars of clothes the loan was now uh current and then I just
51:19
assumed his current payments on a subject to deal and that’s that’s what
51:24
can happen so the house still has a uh uh alone on it it still has the the
51:29
mortgage uh so it’s you would have to continue to pay that until it’s paid off
51:34
I thought that was a really good question so I wanted to bring that up before that is a good question yeah because a lot of people will get excited
51:41
they’ll be like yes the seller accepted a hundred thousand dollars and then they see that on batch or the seller tells
51:47
them they owe 180. well that that’s great they accepted a hundred thousand but they owe 180 so it’s not going to
51:54
happen yeah it’s not going to work yeah yeah that’s super important all those little things that kind of get left out
51:59
just like same thing with if you see that a property has a lien and you didn’t see that before and now you’re getting to the end of it and you’re like
52:05
wait I we can’t do anything now so yeah you got to pay the lean off there you know
52:11
or you catch it up and make it current if it isn’t proof foreclosure and then you know eventually that lean’s gonna have to get paid off so it’s whatever
52:18
you if you buy it on create on terms yeah 100 okay cool well yeah there
52:24
there’s a ton of just kind of same idea questions like that I don’t have any other big ones right now so if you guys
52:29
have anything any of you guys that have watched that are in the community or in Nathan’s Community make sure that you
52:35
guys are reaching out or just in general networking because asking those questions is is huge for each other then
52:40
everybody has different levels of knowledge to provide so always here for you batch leads Nation
52:46
we’re investors Thrive nation is here Landry’s here we got your back we want to help you succeed nothing makes me
52:52
sadder than people that uh don’t use utilize the the resources given to them
52:57
so they can succeed and they feel like they got to do it on their own you don’t have to do this on your own you got a lot of help
53:03
100 cool well thanks Nathan thanks guys peace out everybody