A Better Way to Find Off-Market Real Estate Deals w/Jamil Damji

Off-market real estate deals can give investors like you HUGE discounts on what would be expensive investment properties. Either due to the property condition or the state of the seller, these real estate deals sell for sometimes hundreds of thousands less than their on-market equivalents. But finding them can be a challenge. As a result, most new investors rely on real estate wholesalers to bring them a deal. But what if the price point still doesn’t make sense?
Welcome back to another Rookie Reply, where we’re joined by real estate wholesaling master, Jamil Damji, and newly self-employed investor, Ethan Wilson. Jamil and Ethan both have a taste for off-market, underpriced deals and are here to share their wisdom with you. In this episode, you’ll hear how to negotiate with a wholesaler who’s firm on price, how to find off-market deals WITHOUT cold-calling sellers, and Jamil’s killer deal-finding strategy that costs far less than the competition!
If you want Ashley and Tony to answer a real estate question, you can post in the Real Estate Rookie Facebook Group! Or, call us at the Rookie Request Line (1-888-5-ROOKIE).
00:00 Intro
04:29 How to Negotiate with Wholesalers
15:36 15 Units at 23 Years Old!
20:02 Ditching Med School for Real Estate
25:16 Cold-Calling Confidence
28:59 Jamil's Unique Off-Market Strategy
37:02 Connect with Ethan and Jamil!
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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:
www.biggerpockets.com/agent/m...
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Today’s Question from the Real Estate Rookie Facebook Group:
/ 437008967346130
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Watch Jamil on the “On The Market” CZcams Channel:
/ @bponthemarket
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Listen to The “On The Market” Podcast Wherever You Listen to Podcasts:
Spotify: open.spotify.com/show/2NlzZ9N...
Apple Podcasts: podcasts.apple.com/us/podcast...
BiggerPockets: www.biggerpockets.com/podcast...
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Connect with Ethan:
BiggerPockets: www.biggerpockets.com/users/e...
Instagram: @e7wilson or / e7wilson
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Connect with Jamil:
BiggerPockets: www.biggerpockets.com/users/j...
Instagram: @jdamji or / jdamji
CZcams: / jamildamji
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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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Shoot Ashley and Tony a Question on Instagram!
@wealthfromrentals or / wealthfromrentals
@tonyjrobinson or / tonyjrobinson
Episode 240
Show notes at: www.biggerpockets.com/blog/ro...
#biggerpockets #realestaterookie #realestaterookie240

[@Believersinbusiness1]

Ethan’s a legend

[@georgeguerrero3401]

I can’t stop listening to you guys.

[@shumatsuopost]

What an elaboration of tips regarding deals of real estate! Appreciate you for sharing this!

[@lawrencebriggs]

Awesome video! Great job! I'm very proud of Ethan!

[@NetworkBruh]

Now we gotta look for Tony's mixtape lol

[@josephbbbnn.8837]

I've seen Jamil's ad before and thought he was fake put since seeing him on your show I'm all in on his material.

[@ethanwilson8881]

Lovely stuff 😍

[@lorenazaragoza6411]

This kid is FIRE!!!!

[@DavidGalan777]

What methods does Ethan use to find good multi family deals ?

[@MetalBum]

😮

[@timdog1863]

You guys keep mentioning the term "EMD". What is an EMD?

[@Nicole-vo5rc]

Earnest money deposit

[@2ndchancecellular]

Clickbait. I'm 14 min in and no Jamil.