Superlative Info

By Randy Ngan

Must be willing to learn

Must try and take action

Must over come fears

Know what you need now. Fast cash or cash flow

No money down techniques:

• Bird Dog Fee
• Assignment of contract
• Hard money
• Home equity line of credit
• Sandwich Lease Options
• Notes from investors

Where to build a buyer list:

• Investor groups
• Real Estate auctions
• Call for rent ads (let them know your not renting but ask if they are looking to sell or willing to buy more property)
• Referrals from sub contractor, handymen, home inspectors, appraisal etc…
• Go to website under marketing search for 85 ways to find buyers

Questions to ask investors:

1. when are you planning on buying your next property
2. how are you buying houses
3. what type of neighborhoods are you looking for
4. what price range
5. what equity range
6. what type of repairs are you will to put in
7. what size

Let investor know you will only email/contract them when a property meet their criteria to not waste their time

When presenting property to investor tell them:

• what the price was at the peak of the market
• the fair market value now
• the price it is under contract for right now
• How much instance equity they can have in the property

Random notes:

• Put Bandit sign near walmart and mc Donald
• 1^st Foreclosure call = relationship call & take notes
• 2^nd call = Need to ask tough questions to see if you can help them

Action step:

• Set a goal for every week
• Set a goal for ever month