Saul Z began his career in real estate as an appraiser before moving into the agent/broker world and ultimately graduating to an investor. Saul has a habit of looking at the business and seeing who is making the biggest piece of the pie, then going after that portion of the business. With the advent of Amazon & the internet in general, Saul noticed a big opportunity in warehouse space and has since shifted his focus to deals of this nature-with $200,000 cash flow AFTER making the mortgage payments.
Relevant Episodes: (There are 126 Content Packed Interviews in Total)
Dave Orloff is the CFO at American Heritage Lending. He has built a strong reputation as an outstanding mortgage brokerage firm, serving the lending needs of real estate professionals, builders and individual homebuyers throughout the state. He is a full-service mortgage broker with an experienced staff offering expertise in every area of mortgage lending…from purchase to refinance to construction lending. He has over ten years of experience in lending and the real estate industry.
Relevant Episodes: (There are 125 Content Packed Interviews in Total)
From Dan-“I’ve been buying houses since founding Diamond Equity Investments in 2006 and have closed more than 1,500 deals. In 2017 & 2018, we generated combined profit of more than $5 Million by flipping houses in several markets throughout the U.S. including Atlanta, Chicago, Philadelphia, & Florida. I obviously host of this podcast-the REI Diamonds Show and enjoy comments by listeners about my No B.S. direct hosting style.”
Relevant Episodes: (There are 124 Content Packed Interviews in Total)
Developing VIP Buyer Relationships with Agents & Wholesalers
How to Buy Deals & Build the “Inside Track”
Deal Killing & Relationship Killing Mistakes to Avoid (for Buyers)
Thousands of Off Market Deals
I’ve been buying off market deals since 2006 and have since closed well over 1,000 myself. During that time, I’ve been on both sides of the deal: the wholesaler (similar to the agent’s position) and the buyer (the one fixing & flipping). Here’s the back story: I always dreamed of fixing & flipping houses-ever since I was a little kid on my dad’s job sites. I used to be his helper-first he was the electrician on other investors’ flips & new builds, then he was the investor on the flips. In a similar way, when I got into the real estate business, I first began by wholesaling deals to investors with the money to close, then eventually I became the buyer myself.
When I was wholesaling, I saw how many deals were sold to buyers a single time-then never again would we cross paths. And then there were a few buyers who became repeat buyers, getting a phone call or text on deals before anyone else in the world knew it existed-before the email or any craigslist ads were posted. Those repeat buyers had a specific strategy for developing that relationship with me.
So when I became the buyer myself, I looked back over my experiences as a wholesaler and made sure I behaved the way the repeat buyers behaved with me. Why? Well I was interested in created relationships with the agents and wholesalers who still bring me deals to this day. So I created this extra special REI Diamonds Show episode to give you, the wholesaler, the agent, or the buyer interested in repeat business spanning years, the roadmap to create these VIP relationships to do repeat deals in your market. Ready to check it out?
Relevant Episodes: (There are 121 Content Packed Interviews in Total)