How to Find Off-Market Real Estate Deals with Little to No Money
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- čas přidán 15. 07. 2024
- Episode #326
Finding off-market real estate deals can be a great way to kick off your investing career, as it requires very little money to get started. The catch? You MUST be willing to get your hands dirty.
Welcome back to the "Real Estate Rookie" podcast! Today, we’re chatting with real estate wholesaler Nate Robbins. After a long and successful career in banking, Nate was beginning to feel burnt out and frustrated with life. As fate would have it, he ran into Tarl Yarber-one of the most successful real estate investors in the Pacific Northwest. Under Tarl’s mentorship, Nate learned the ropes of real estate investing. With his strong people skills, natural ability to communicate, and infectious personality, he was able to carve out a niche in acquisitions-where he has been able to close off-market deals at a massive profit.
If you need real estate to be your escape rope from the monotony of your nine-to-five, this episode is for you! Nate talks about shedding the W2 mentality and how to find the best investing strategy for you. He also shares his step-by-step process for finding highly profitable off-market deals. Whether you’re a bubbly extrovert or a cautious introvert, Nate will equip you with practical tips on how to engage a seller and get your foot in the door!
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Join BiggerPockets for FREE 👇
www.biggerpockets.com/signup?...
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Join the Real Estate Rookie Facebook Group:
/ realestaterookie
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Find an Investor-Friendly Agent in Your Area:
biggerpockets.com/agentmatch
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Find Investor-Friendly Lenders:
biggerpockets.com/findlenders
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Books Mentioned in This Episode:
“Real Estate Partnerships”: biggerpockets.com/partnerships
“The Good Life”: www.amazon.com/Good-Life-Less...
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How to Wholesale Real Estate With No Money:
www.biggerpockets.com/blog/wh...
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How Invelo Can Help You Find Off-Market Deals (No Experience Required!):
www.biggerpockets.com/blog/re...
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Find Information on Distressed Properties with Propstream and Invelo:
Propstream: propstream.com/bp
Invelo: inveloapp.com
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Download The Driving for Dollars App to Find Off-Market Deals Today: apps.apple.com/us/app/the-dri...
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Connect with Nate:
BiggerPockets: www.biggerpockets.com/users/n...
Instagram: @n8robbins or / n8robbins
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Connect with Ashley and Tony on BiggerPockets:
Ashley: www.biggerpockets.com/users/e...
Tony: www.biggerpockets.com/users/t...
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Connect with Ashley and Tony on Instagram:
Ashley: @wealthfromrentals or / wealthfromrentals
Tony: @tonyjrobinson or / tonyjrobinson
Show notes at: www.biggerpockets.com/blog/ro...
00:00 Intro
02:19 Taking a Chance on Real Estate
13:12 Shedding the W2 Mentality
21:08 Finding Off-Market Deals
32:24 How to Talk to Sellers
47:21 What to Do at a Showing
51:!2 Rookie Request Line
54:08 Connect with Nate!
This was a masterclass with Nate. He shared a lot of great information. Thanks for having him on the podcast.
Another banger!
Take Advantage of opportunity! God Bless You Nate Robbins
This podcast is timely. I am Quarterway through and enjoying it so much. This is enlightening me to see the mistakes I making when hiring, and what I should look for, especially when it comes to personalities.
I’m not seeing the cold script in the notes. This episode was a great motivator to get me re-interested in Driving for Dollars. 💖
Great video; I like how you take the time to inform your audience that we all work to improve our lives and maintain financial security. The correct investment, frugal lifestyle, and budgeting make it simple to accomplish this. I started working hard early in life to achieve financial independence, and now I'm in grade.
Gonna have to watch this a second time and take notes! Thanks.
Great ads guys!!! I love it!! This waa reallt helpful for folks like me looking for off market deals
This is great! I’m a beginner and have been driving for dollars, cold calling and door knocking. I’ll definitely use the script and expectations.
Thank You Tony and Ashley.
Carleton Sheets . . . LOL !
Thanks for all that information guys. I really appreciate it.
I can’t find the script anywhere though. Where can I find that ?
Bless you guys, we just received a course worth thousands of dollars, I mean it,. Than you so much!!🙏
I am learning and want to be in real estate investment. How can I start with no background in real estate?
connecting with others in the industry can completely change your life. If you are looking to build your network let me know!
Get in the room with winners.
Truth, Reach out if you are looking to connect!
Does anybody have a recommendation for which property search application might be best for me to use for my personal use to identify undeveloped property and then skip trace the owners? I'm needing a deal on the land to be able to afford retirement and it seems like most the apps on the market are geared towards investors in the SFH, Multi or complex. A shove in the right direction is greatly appreciated. 😉
Hey I am just curious that after doing lots of research and there is no such apps I can get sellers detail to fold call!
Any idea about any apps used in Canada?
Nice video. How do you put the deal under contract?
every deal is going to be different. Find motivated sellers, be consistent with follow up, look for sellers motivations and try to help. Most important is to build a network of others around you who are doing deals. I would love to connect and see what I can help with!
Does anyone remember Dave Del Dotto (Infomercial "and/or Assignee" Guru from years ago)
😂
Fixer-upper*
Bought that calton sheets , program back in the days .. it’s like $50 or $100 .. but , reading the program .. didn’t really makes sense , because u didn’t have anyone to explain things .. lol
sorry, but the idea of driving around to find thousands of potential deals is nonsense. You would be lucky to find one house after driving around for five hours in a low income area of any city.
Just because you don’t understand the strategy, doesn’t make it bad. The most successful investors are willing to do the work others won’t…..such as “Driving 4 Dollars”, door-knocking, and cold-calling. I know several of them that still use these tactics decades later. They just have a team to do it for them.
@@katherineearle228 but you don't, right?
I've done it before and closed well over 100 deals doing it over 4 years. It definitely works.
@@2ndchancecellular So tell me why any seller would deal with a wholesaler when they can just pick up the phone and call a flipper buyer directly. None of these gurus have a single video of them wholesaling a single deal. Every video is the guru merely making claims.
@@gianthillsit’s all about timing and your pitch. Dont out your head in a sellers head.