There’s a 5-step process to pick up discount deals that put 4 times more money in your pocket and virtually manage themselves because tenants treat the house like their own.
The first step is to know what you are looking for. You see, if your only rule for a good investment property is a discount on purchase. Then you’ll never buy houses that put 4 times more money in your pocket.
To buy the most lucrative and easy to manage houses, you’ve got to know which towns and cities give the highest rental return with the cheapest property prices. Then you’ve got to know the streets in these towns and cities with the houses that will put 4 times more money in your pocket.
After all, you can’t hit the bullseye if you don’t have your eye on the target!
The second step, is to know how to value a property. If you don’t know what a property is worth then you’ll never know if you are buying it at a discount.
There’s a simple way to value a house as accurately as a RICS surveyor. You just need these 10 easy to find things.
The third step, is to know how to make motivated sellers pick up the phone and call you to buy their house.
This is where most ambitious property investors mistakenly think the process starts. That’s exactly what I thought at the start of my property journey. And that’s why the first 10 houses that I bought were complete disasters.
You see, highly lucrative properties that virtually manage themselves are much more unique than a discount on purchase. That’s why you’ve got to do step one first. So you’ve got your eye on the target and you’ll know when you hit the bullseye.
The fourth step to buy discount deals that put 4 times more money in your pocket, is to understand how you can help a motivated seller. You know they want speed and certainty. What you don’t know is why. Once you know why you can help them move on with their life. Once you can help them get what they want. They will sell their house to you even if they get a higher offer.
The fifth and final step is to position your offer. You need to remind the owner that you are giving them the speed and certainty that they need to move on with their life. And… you need to put in their specific reason for needing speed and certainty when you position your offer over the phone and in writing.
This fifth step is critical. This one step will double the success rate of your offers because the buyer has written confirmation of everything you’ve discussed. They can see in black and white that you are giving them the speed and certainty that they need to move on with their life.
When they know you are giving them what they need, then they will sell to you even if they get a higher offer because another buyer can’t give them what they need most. Speed and certainty.
You need a guide to show you how to identity and value the most lucrative and easy to manage investment properties near you… how to make motivated sellers pick up the phone and call you to buy their house… and… how to make vendors sell to you even if they get a higher offer.
My Ethically Sourcing World-Class Property program is your perfect guide because it gives you the proven high-performing strategies to pick up discount deals that put 4 times more money in your pocket and virtually manage themselves. I’ll tell you more about Ethically Sourcing World-Class Property in a moment. First let me show you…