Jason here again…
Maaaaaaan we've been having some fun rolling people in and preparing to serve our newest investors at the "Asset Manager Millions LIVE" event starting May 14th!
In the meantime we've had a bunch of emails dinging our inbox with questions from folks who are on the fence about joining us @ the AMM LIVE event...but they just need some clarification on an issue or two.
For example:
"Can I wholesale the BULK deals I get from Asset Managers?"
So we get asked this question ALL THE TIME and it's truly a great question.
I'll share the answer in just a sec...
But FIRST, let me give you a high-level breakdown of a transaction with an Asset Manager:
After we've connected with an Asset Manager via LinkedIn and they've sent you their "tape" (their list of available discounted properties)...
- We prepare a Letter of Intent (L.O.I.)
- Because we know what kind of properties our Cash Buyers are looking for…By the time our offer is accepted we've got buyers lined up for the deals we made offers on. If we don't have buyers once our LOI has been accepted then we don't have to proceed forward with signing a PA because majority of the time our original LOI gets countered.
- We then either go and close, or let them know their counter won't work for us and we'll have to wait until they have new inventory.
At this point...
You can buy the ENTIRE package, you can buy a couple of the properties and wholesale the rest, or you can break the package up and wholesale the properties to different cash buyers.
Think about it…
If your house was on fire would you care about the color of the firetruck that came to save your house?
Of course not.
Your exit strategy doesn't matter as much, as long as you take the properties off the Asset Managers books, right?!
There are NO restrictions at ALL.
And we can do WHATEVER we want with the properties (wholesale them, fix & flip them, rent them out, etc)...
But one word of warning:
If someone makes an offer and doesn't close on a deal, they can pretty much consider the relationship with that Asset Manager over at that point.
So I wouldn't make an offer unless I had the capital to take down the properties & had buyer(s) lined up, ready to pull the trigger with funding.
(If you don't already have a solid cash buyers list, we'll help you build one @ the AMM LIVE event)
Make sense?
So if you're NOT afraid of puttin' in a little bit of elbow grease at the event?
For 3 FULL days, we'll dig deep into connecting and working with Asset Managers.
We're going to actually implement building your buyers' list and start reaching out to Asset Managers at the event.
My goal is to have Asset Managers reaching out to you while you're STILL AT THE EVENT!
Also, we're going to walk through REAL portfolios LIVE, so you see how you can structure deals where the numbers work (for all parties involved) and have a high chance of being accepted by the Asset Managers you work with.
I'd be REALLY surprised if you came to the AMM LIVE event, put your nose to the grindstone with us for 3 days…
And you didn't get a signed contract of 5, 10, 15+ discounted properties in BULK a week or 2 after you get back home from the event (WITHOUT spending a dime on marketing).
Remember, you can potentially earn more with just ONE BULK deal than most investors earn in a WHOLE year.Now, I can't guarantee YOU'LL do that…
But IF you DID?
I bet that might change things pretty quick in your business?So…If you've closed deals before and have been looking for a new consistent deal source, WITHOUT spending a dime on marketing, this $137 BILLION market might be PERFECT for you?
That said…Would you like to join us @ my "Asset Manager Millions LIVE" event here in Indy on July 26-28 (Fri, Sat, Sun)?
Just reply back to this email & put in the subject line:
"AMM LIVE"...
And we'll get you ALL the righteous details.
See you in Indy!
Jason
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