Jason here…
Man!
I had such a great time, at the Asset Manager Millions LIVE event last month.
Folks keep sending me emails about how much they enjoyed it and how attentive & professional my staff were.
Which is SUPER awesome.
I also answered a bunch of questions during our LIVE Q & A sessions.
And while the event WASN'T recorded, I'd figured I'd do the next best thing and share some of those questions with my answers over the next week or so.
Would that be ok?
Cool.
Let's dig into Question #1, shall we?
"If an Asset Manager sends you a tape of 15 properties can you break that package up & sell it to a handful of cash buyers or do you have to sell all 15 properties to one buyer?"
Absolutely!
Technically, we can do whatever we want with the package.
Buy it all ourselves, buy a couple of the properties and wholesale the left over, or break up the package and wholesale the properties to different cash buyers.
From a structuring standpoint…
We're not restricted at all & technically we can do whatever we want.
As long as the bank or hedge fund gets their money, they don't care what you do with the properties.
Say for instance you managed to sell the 15 properties to 4 different cash buyers, you'd have some combination of buyers buying them, like 3 of your buyers buying 4 properties & 1 buyer buying 3 of the properties, etc.
So how you structure that at closing is you're gonna have four separate A to B, B to C transactions.
And the bank will never know, because all they care about is the bank wire hitting their account.
Plus, it's NONE OF THEIR BUSINESS how you structure your deals, right?
That said, if you're open it ...
I'm getting together with a small group of investors inside of my "Direct Deal Profits" group to get 5, 10, 15+ properties landing in their inbox every month and put properties under contract at 30%-50% discount working directly with Asset Managers.
They'll potentially walk out of their title company with a check in their hand every month, even if they've got ZERO funding, have only closed deals one-at-a-time & distressed properties in their market are selling close to full price!
We'll build a solid network of 5-10 Asset Managers to get them OFF the deal roller coaster and get ONTO the steady stream of discounted (BULK) deals.
If you've closed deals before and you're open to rolling up your sleeves to connect with Asset Managers …
Would you like to join us?
Reply back to this email and put "DDP INFO" in the subject line and we'll get you more details.
Talk soon.
On YOUR team,
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