And as you may have experienced, the recent high prices have also been negatively affecting Real Estate investors as well...
- Very little spreads made on flipping (losing money is frequent today)…
- Spending a TON on marketing to land "motivated sellers" in their CRM's…
- Sellers asking almost retail prices for their ugly, torn up properties…
But the question is, where does all this leave us as investors?
Buying one-off properties from individual sellers at 50-75 cents on the dollar, at scale, has become almost impossible in today's market.
And even though we may see a market correction (soon) that brings home prices crashing down…Banks are going to keep loading up on distressed off-market inventory and will want to sell that inventory at a discount (so they can quickly free up capital to loan out).
And the savvy investors, who develop meaningful connections and professional relationships with Asset Managers RIGHT NOW, will have more deals than they can handle on their own.
It's an exciting opportunity for investors who are willing to put in the work.
But for folks like me who have mouths to feed & bills to pay NOW, we CAN'T wait for a correction...
Sitting on the sidelines (waiting for a correction to play out) is NOT an option for us.
The GOOD NEWS is…
You DON'T have to WAIT (there's ALREADY a TON of inventory)!
In fact…
Did you know?
Fannie Mae just recently flooded the market selling approximately 21,200 loans totaling $3.27 billion in unpaid principal balance (UPB), divided into four pools.
The winning bidder of the four pools for the transaction, which is expected to close on June 21, 2019, was DLJ Mortgage Capital, Inc. (Credit Suisse)
That's over $3.2 BILLION of "distressed Assets" (pre-foreclosure properties and notes) from just ONE sale.
But that sale?
It's just the TIPPY-TOP of the $137 BILLION iceberg in off market properties, assets, notes, etc owned by Small Banks, Hedge Funds, and other local financial institutions.
Which is why I'm SUPER excited to announce my Asset Manager Millions LIVE event in my hometown Indianapolis next month.
Why?
Because I'm going to show folks STEP-BY-STEP how I work with Asset Managers to buy properties in BULK.
Here's what I mean...
Instead of buying properties onesie-twosie, you buy them 10, 20, 30 (or more) AT A TIME.
THAT's how you get DEEPER discounts on properties that you wouldn't normally get by buying/wholesaling one-off deals.
Now, I don't know for sure?
But, taking advantage of this opportunity might be THE LAST way left for the little guy/gal in this market to have his or her own stream of up to 50% DISCOUNTED DEALS coming in month after month?
While many investors are still fighting over the scraps of whatever one-off properties (from individual sellers) are left from direct mail, Adwords, Facebook Ads, bandit signs etc...
As marketing costs reach dizzying heights and investors calling their credit card companies for limit increases…
This little known source of deals most real estate investors aren't even aware of…
Where we're getting 10, 30 and even 50+ discounted deals in ONE SHOT.
In ONE BULK DEAL
Some will ignore this info at their own peril (and risk getting wiped out) not making it through the summer market.
And I'd HATE to see that happen to these good folks!
So, over the next few days…
For a limited number of hard-working folks, I've got a small, sturdy ship we're boarding to not only weather this Real Estate storm…
But create a steady stream of income BECAUSE of what's happening in the market.
...and if you're open to it?
I'm looking to give exclusive info, guidance, and direction to a few hungry, action-takers who want to get their hands on up to 50% discounted properties in BULK every month.
It's TRUE.
These are exciting times for the FULLY INFORMED.
And I want YOU to be aware of these market trends, how they affect you as an investor and which direction things are headed.
That way, you'll be able to make an informed decision whether you want to join us at the Asset Manager Millions LIVE event or not.
Sound good?
Stay tuned for my next email…
Where I'll stop in with more details about my Asset Manager Millions LIVE event…
Where together for 3 days I SHOW you how you can take advantage of these market trends as well as CRASH-PROOF your business whether the market is UP or DOWN.How cool would THAT be?
See you in a day or two.
Jason
P.S. — Here are the links to the articles referenced above:
Redfin Article — 16 Percent of Redfin Buyers Faced a Bidding War
USA Today Article — Home Prices Rise At Slowest Pace in 6½ Years
Fannie Mae Floods Market — Over $3.2 Billion in "Distressed Assets" SOLD
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