Flipping Houses Virtually - How I Rehab Houses WITHOUT Ever Seeing Them!
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- เผยแพร่เมื่อ 18 ก.ย. 2024
- When it comes to flipping houses virtually, learn how I rehab houses without ever seeing them!
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VIDEO: Watch Me Discuss With An Agent How To Rehab A House in Leesburg, GA:
• Watch Me Flip This Hou...
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Jerry Norton went from digging holes for minimum wage in his mid 20's to becoming a millionaire by the age of 30. Today he's the nation's leading expert on flipping houses and has taught thousands of people how to live their dream lifestyle through real estate.
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#FlippingHouses #WholesalingHouses #FlippingGenius
Can’t count how many times I’ve paused the video and said JERRY YOU ARE A FLIPPING GENIUS.
So much value in the way you speak Jerry, you are a Flippin genius!
I actually live in the area and looked at this property several months ago. Unfortunately the lock box wouldn’t work and the listing agent wasn’t the easiest to get in contact with. Love your content and feels good to know I’m sourcing the right properties. Best content on TH-cam.
Jerry, I just purchased Flipster today, and I'm blown away by the services it provides! You are a flipping genius and a fine mentor!
So many nuggets dropped. Jerry you are a flipping genius!
I absolutely LOVED how "positively annoying" you were on the phone with the GC right from the jump!!!
Definitely setting the tone from day one, repeating things over and over again - I'm sure he didn't forget how adamant you were about being on time and getting everyone to show up throughout the entire project.
Jerry you are a FLIPPING genius :D
Love this technique. I am looking for a new career since being paralyzed at work. This virtual strategy shows me way more potential. I even live in Missouri so kind of serendipitous. Thanks Jerry.
Wow! Just yesterday I was wondering how to rehab virtually, you da man Jerry!
Jerry always providing the value. Great video as always!
Your a flipping genius
Flipping genius you are Mr. Norton.
Wow very good knowledge practice makes perfection very organized jerry your the man !!
"A home depot special". 🤣🤣🤣
GC needs to pull permits and to ensure his business and subs are bonded and insured. Thanks for all the vids!
Can you elaborate about what permits are needed, I want to do this but I have no knowledge on what permits are needed, what do you recommend me doing hiring a lawyer?
@@tytbeats319 any changes to structure, utilities, deck changes, waterproofing, etc. always best to check with the township where the house is located before any work to make sure.
And licensed.
I have a flipper friend mention that he doesnt always pull permits because of the wait time... is that smart?
Hey Jerry, you are honestly the best,me and others are grateful for what you do and the knowledge you share about real estate to us. I wanted to thank you.I also have a question I don’t know if it has been brought to your attention”Lets say you are closing a deal where the whole seller get a deal for 90k on a house and then finds a buyer for 110k what if the original house seller tries to get rid of you since your the middle man to get the offer from the 110k buyer,I just feel like a beginner like me will start panicking and won’t know what to do. Thank you
He can’t. You have a contract for $90k. Just in case he tries to back door you, watch this:
th-cam.com/video/HRb0DbjTEK0/w-d-xo.html
@@FlippingMastery thank you for replying
This is amazing
Jerry you are a Flipping Genius!
Hi Jerry, I think you’re a genius when it comes Flipping! The video raises a couple of questions:
1. If the agent found the contractors and got their bids, why would you ask the contractor you spoke to to get bids from subs, didn’t you already get the whole rehab bid from the contractor?
2. Do you ever have the agent hire the subs and handle the rehab?
Thanks!
1. I want to confirm original GC bid by getting multiple bids from subs
2. Yes all the time as long as rehab isn’t extensive
Jerry, you should let the other guy talk as well lol
GREAT CHANNEL!
Can’t believe you did one where I grew up I lived there for years!( belton mo) I love your vids I hope I can be as successful
Jerry can you do a wholesale or a flip in Jacksonville Florida, I want to get a feel of the market here
Great video Jerry, this was very helpful. I think ill take a stab at another market and do just one flip there and see how it goes.
Hey Jerry, I think i covered most of your content and i was wondering do you think you can do like Dallas Texas for a wholesale deal just to see how you would do it?
What a video... thank you flipping genius...
This video is golden
How do you find a GC?????? Btw, looooved the phone conversation with him. Gleaned so much from it! thank you!
First of all Jerry you are a flipping genius. I have a quick question. Have you ever virtually wholesaled a mobile home, or have you heard of this being done? If so would you just apply the same techniques as you would for a regular home... I would assume the process would be the same but I’m just wondering if their are additional steps that you wouldn’t find in a SFH flip?
Great content more real estate videos please
Hey Jerry, you are a flipping GENIUS! by the way, WHERE WE CAN GET THE LIEN WAIVER TEMPLATE PLEASE?
JERRY!! Okayyy
Great content! Question about building permits. Do you ensure the proper ones are pulled?
Yes
Jerry you're a flipping genius
Also can you drop the link for the hat?
Is there a video how to find a good GC
Did you see this - th-cam.com/video/9bDI0jlr3oc/w-d-xo.html
Hey Jerry you’re a flipping genius! Are real estate agents as helpful in getting bids from contractors if your plan is to keep the properties as rentals?
Hi Jerry
What is the percentage from profit u give to contractor or flipper when u renovate virtually?
Why written invoice from contractor is required , whereas there is w 9 form already filled ?
Thanks
Excuse me Jerry but I’m trying to use your proof of funds letter but I can’t get it in my property drop down menu. How do I fix that on an iPhone or laptop???
my team can help you. support@flippingmastery.com
Great video, but in one of your past videos, I may be wrong it’s been a while since I seen it but you said to get sub contractors and not a GC because there more expensive than just hiring subs so do you get GC only on virtual flips or all the time
I use a GC in random markets where I don’t have a team of subs
If I am a beginner and trying to start wholesaling, should I start with flipster? I know it’s a dumb question but I just want a better understanding.
Yes!
Hey Jerry so it doesn’t bother you or keep you up at night knowing that these contractors can just run off with your money?? Since you’re flipping remotely?
Flipping Mastery TV hi jerry it's me again i have another question for you how many deals are you working or aiming to close on a monthly basis or a yearly basis i know my numbers how about yours?
Jerry, I have a 10K wholesale deal right now. I have the deal under contract. I double dipped as usual and the real estate agent was really nice. She actually offered to find a cash buyer for a finders fee. She found a buyer for 36K. This is her first assignment as an agent. Is there a way that you know of, or with the flipster software that I can send her a blank assignment contract that she can fill out and send to the end buyer via docu sign or email? I sent her my blank version from flipster, but she wants something she can fill out and flip to the buyer to sign. Also, how can I pay her a "finders fee" for bringing the cash buyer as an agent? Sorry, alot to go through here but you are a flipping genius so I thought I would give it a shot.
should you hire a GC when this is your first project?
Goddamn, that contractor fell asleep
Yes jerry told him alot I bet this gc was wondering what this is gonna be like dealing with him as he (jerry)seems picky
How much do you charge the agent to be the boots on the ground?
🔥🔥🔥
Hey Jerry how are you able to get the agent to get the bids etc? Do you give them a bonus for doing that or do you just find realtors that are hungry and willing to do the work?
They get paid on the listing. If they don't get the bids, Jerry won't give them the listing.
Does rehab cost include what you pay the contractors or is that separate cost you should account for?
Yes labor and material
Do you ever get permits for the renovations? Also do you do a CO search to make sure you dont buy a house that has an illegal structure (Dormer, extentions, etc.)
???
How important is it to get an LLC for flipping?
Not critical but why wait. Watch this
th-cam.com/video/VZ8nbPsV6Sw/w-d-xo.html
I’m just curious. With all these calls you make are you just using your personal phone? Or do you have a different phone for work or you using google voice or something?
Do contractors charge to make bids?
They are cheating you if they do
😆 gotcha! Thx!
@@msraye6482 any contractor that charges for a bid i wont use.
Love your content and appreciate all your help getting me started on my journey. But I must say, I really really dislike how all of your links are clickfunnels and seem pretty scammy. I just want the value that I'm clicking for, not to give you my email every time
Do you ever get angry contractors that get annoyed at you calling everyday and thus de-prioritizing you?
Yes so what...
@@FlippingMastery just wondering, since it seems like it could go both ways. Seems like there is no fix for disorganized no show contractors 😔
Dude you need to take my phone number down or something. I flip houses on the side but not near as many as you do. I'm also a general contractor in Kansas City which is near where your house was and I can help you with a lot of these issues moving forward. $65,000 seems high to me. I also work in St Joseph Columbia Jefferson City and Springfield Missouri.
Lastly Nice hat. I'm also a big fisherman.
Im only 18 and i fear that my voice will be the reason i wont get deals since i sound and am young, they wont take me serious or trust me
nah dude i started when i was 16 years old i nearly made $5k in 50 minutes rather than $15k because there were repercussions and there was a problem with the home the problem was the home was way to damaged and even if the home was rebuilt ground up according to comps the investor could not get a profit now unless there's a jurisdiction problem with commercial law or property law of wholesaling assignment contracts and not wholesaling via double closing below 18 years old then that's a different story ask as many lawyers who practice real estate wholesaling what there legal opinions are
@@kentheengineer592 Hello Kenneth my name is Daniel, im 17 years old. I've been doing all the research on wholesaling from the beginning if the process right to the close. Since these deals can be completed virtually I wanted a partner to do the whole process with, I was wondering if you want to connect to see how we can work together. My IG is beats.comp send me a message if your interested. Even if we can't work together I would find it very productive to talk to a fellow wholesaler who started young.
Guillen I would also like to connect with you, if you guys don't have instagram then we could try another medium
I turn 18 in march but im still studying everything im not quite ready yet
@@guillen2789 no problem, I also turn 18 soon in May and I just want to get started even if it means not completing a whole deal but whatever progress I can make happen will prepare me for when I actually do the deal.
In my backyard 🤦🏾♂️