Just closed on two properties and I’ve been wholesaling since Nov 8th of this year after watching 15 of your videos thanks Jerry my kids enjoy the new clothes
junevelaz so sorry I’m super late replying and yeah it really works I closed on 3properties in the first quarter of this year and made 30K I’m on pace for 100K more or less but it does work and it’s honest work
James Taylor wow man congrats!! I’m new to all of this. Still learning. Do you happen to have the Purchase and Sale agreement contract that talk about assigning the property like Jerry mentioned in this video?
Basically stated, you're being open, honest and credible with the seller. This is my personal formula for sleeping well at night! "Little white lies" only help you lose sleep.
This video is a gem. I added this clause to my contract the day I saw this video. When you said "South Bend" I was shocked. I live an hour away from there and I've been watering at the mouth to get into that market. I'll contact the wholesaler you mentioned there. I already have a cash buyer in that city and I'm excited to get started.
I’m glad I subscribed to you, I’ve been wanting to do wholesale for some years now but everyone who I’ve been learning from has made me very hesitant because they made wholesaling feel like a scam or a con or something, your system gives me more of a professional confidence
Or I think the better question is, do you add this clause when you are working with Listing Agents? Or do you just use their P & S agreement and put the "and/or assigns" in it?
jerry i am trying to get into wholesaling, i live in the indianapolis area and i just want to clarify that your contracts (purchase and agreement and assignment contract) are valid and have everything needed to wholesale in indiana before i have a seller sign anything. i like the format of your contracts and the transparency within them which is why i’d like to use them for my first deal. i also just want to say thank you for the education you provide to others and how much you have helped me learn and grow within the time that i’ve been watching your videos. i respect the fact that you provide free resources for people to use while a lot of other you tubers charge outrageous subscription fees.
@@gurrclipzz3208 you can, Jerry makes a lot of videos on dealing with agents. There’s usually more competition from my understanding, since it is on market and everyone is looking at it. Not impossible though, he does it all the time.
Hey Jerry and everyone in the comments, Does this clause need to be stated in a specific section in the contract? Also, does the "And/or assigns" still needs to be placed after the name in the contract while still using this clause?
Jerry i have a question, when we tell the seller that we can find a moving company & we can also pay for their first months rent to help relocate them, can you give an example how i would make those numbers work on a certain deal or do you have a video for that example? It seems like i would just put that cost on the buyer, or take off from my own wholesaling fee as a wholesaler, or will make me give them an offer that much lower… If I’m right on the money with those three options just say so because those are the only three solution I can come up with for handling those costs. please let me know or share a video or example!! It would really help my studying on this topic!! & again thank you.
I wish I saw this before my recent wholesale deal. It is my 2nd wholesale and I am such a newbie. I just locked up a property last week and owner is asking why I need to have a subject to for 10 days. I told her I am going to find her a buyer
At the end you mention you use this with your private seller purchase agreements. Would you also use this when using an agent? Also, which of these clauses (if any) are you willing to negotiate on if the seller doesn't like it? I have a home I've been offering on for a couple months. The seller is really close to my price now and a price I can make work, but did not like my clause about access or the ability to market the property.
Hey jerry what if the seller ask you for information on your company and you just starting and don’t have a llc set up yet what will be the best thing to tell them .
Thanks for this.. But dang, what a scummy thing for the person on your buyers list to do. Why would they even do that? Reminds me of a Highschool girl trying to start drama. 🤦
This is brilliant and I see the value when having a verbal conversation directly with the seller. If I were to use this clause with an on market property would I have this conversation with the agent and ask them to communicate it with the seller (thus trusting they communicate it properly) or do I request a direct conversation or conference call with the seller so I can explain it?
Great video Jerry 👍🏻. Explained it very well. That clause saved me an estimated $30k this past month (still working on closing 1 of 2 of the deals that the seller saw my marketing).
Hello jerry question if your dealing with a realtor is this ok to be in the contact. And when dealing with a realtor do I provide closing attorney are the realtor will.
I would love to start wholesaling but the only thing holding me back is the whole POF. As a beginner wholesaler I obviously can’t buy something all cash. Any tips to get past this?
Jerry - Do you also use have Real Estate Agent add the "Buyers Intent" Clause if Agent is preparing the contact. I have already viewed the 11 Need to Knows About Agent Contract, however it did not include the "Buyers Intent" Clause.
ITS GAME OVER JERRY, THOSE CLAUSES AND THE STRUCTURE OF THE DEALS THAT GET PUT TOGETHER LIKE THAT? ITS A GUARANTEE WIN?? BTW, I GOT VACANTS, UGLY, ABANDONED PROPERTIES JERRY, HOW CAN I SEND THEM OVER TO YOU??? I NEED THAT 10K CHEX!!!
I’m always looking for good deals to flip. However, you need to be a member of my finder program in order to submit deals to me. Go here to learn more: My10kcheck.com
Just closed on two properties and I’ve been wholesaling since Nov 8th of this year after watching 15 of your videos thanks Jerry my kids enjoy the new clothes
Can you recommend those videos that you watched by chance?
It works?
Do you happen to have the contract he spoke about? Thanks
junevelaz so sorry I’m super late replying and yeah it really works I closed on 3properties in the first quarter of this year and made 30K I’m on pace for 100K more or less but it does work and it’s honest work
James Taylor wow man congrats!! I’m new to all of this. Still learning. Do you happen to have the Purchase and Sale agreement contract that talk about assigning the property like Jerry mentioned in this video?
Yes! Love this! Transparency, integrity, and honesty will always prevail AND keep you out of court lol.
This was on time because I’m two weeks away from closing on two properties by the same home owner... thanks
Basically stated, you're being open, honest and credible with the seller. This is my personal formula for sleeping well at night! "Little white lies" only help you lose sleep.
This video is a gem. I added this clause to my contract the day I saw this video. When you said "South Bend" I was shocked. I live an hour away from there and I've been watering at the mouth to get into that market. I'll contact the wholesaler you mentioned there. I already have a cash buyer in that city and I'm excited to get started.
If only it was this easy to be transparent with realtors for on market properties.
I love how your price for flipster is actually affordable for everyday people. Thank you!
I’m glad I subscribed to you, I’ve been wanting to do wholesale for some years now but everyone who I’ve been learning from has made me very hesitant because they made wholesaling feel like a scam or a con or something, your system gives me more of a professional confidence
I definitely got a deal under contract now and looking for cash buyers. These videos only help strengthen my contracts! Thanks!
Awesome clause! Thank you and Tom for sharing!
Very Helpful video Jerry. I’m just getting my business started and wholesaling is going to be my first step. Thank you 🙏
Saw your post yesterday and made this Paragraph 1 on my A-B contract! Jerry many thanks!💪🏾💪🏾💪🏾💪🏾
👊🏻
Or I think the better question is, do you add this clause when you are working with Listing Agents? Or do you just use their P & S agreement and put the "and/or assigns" in it?
That's perfect I would for sure use it
Jerry you are a flipping genius!!!
jerry i am trying to get into wholesaling, i live in the indianapolis area and i just want to clarify that your contracts (purchase and agreement and assignment contract) are valid and have everything needed to wholesale in indiana before i have a seller sign anything. i like the format of your contracts and the transparency within them which is why i’d like to use them for my first deal. i also just want to say thank you for the education you provide to others and how much you have helped me learn and grow within the time that i’ve been watching your videos. i respect the fact that you provide free resources for people to use while a lot of other you tubers charge outrageous subscription fees.
How are you doing with it now?
Love this info! Starting to look for properties so need these ideas...
And your intro music is so cool, wish I could find that on a loop lol 😝
I’ve been doing this and it’s been very liberating even real estate agents send me deals
Can you wholesale off deals from real estate agents? I thought it was just straight from home owners
@@gurrclipzz3208 you can, Jerry makes a lot of videos on dealing with agents. There’s usually more competition from my understanding, since it is on market and everyone is looking at it. Not impossible though, he does it all the time.
Jerry where in the Purchase & Sale agreement would you add this clause? Thanks for adding more value than anyone I've seen thus far
yes!! i will use it thank you Jerry
Really nice clause(s)
Where do we add this on the contract?
Hey Jerry, what should I do if I'm wholesaling remotely and my cash buyer wants to see the property, and it isn't vacant?
I will be working on setting up my first contract this week.
Can you help me on what the contract needs to be consisted of
If I sign up for flipster will the “unlimited proof of funds letters” show that you as one of my fellow “investors” have money for the deal?
Hey Jerry awesome awesome tips thank you I love the content you put out.
Hey Jerry and everyone in the comments, Does this clause need to be stated in a specific section in the contract? Also, does the "And/or assigns" still needs to be placed after the name in the contract while still using this clause?
Jerry i have a question, when we tell the seller that we can find a moving company & we can also pay for their first months rent to help relocate them, can you give an example how i would make those numbers work on a certain deal or do you have a video for that example? It seems like i would just put that cost on the buyer, or take off from my own wholesaling fee as a wholesaler, or will make me give them an offer that much lower…
If I’m right on the money with those three options just say so because those are the only three solution I can come up with for handling those costs.
please let me know or share a video or example!! It would really help my studying on this topic!! & again thank you.
I wish I saw this before my recent wholesale deal. It is my 2nd wholesale and I am such a newbie. I just locked up a property last week and owner is asking why I need to have a subject to for 10 days. I told her I am going to find her a buyer
cash sale, no listings, no commissions, no banks, no viewings, no appraisal... etc
@@FlippingMastery Jerry, you are a flipping genius!
That’s awesome! Thank you so much for this information!
Hi Jerry do you have a video explaining what a Joint Venture is?
Yes - ua-cam.com/video/JtkMygpzDwY/v-deo.html
What if its an on market property? How do I add that clause?
Jerry what about licensing law as you state in the video about why I should not tell the seller I’m a wholesaler?
At the end you mention you use this with your private seller purchase agreements. Would you also use this when using an agent? Also, which of these clauses (if any) are you willing to negotiate on if the seller doesn't like it? I have a home I've been offering on for a couple months. The seller is really close to my price now and a price I can make work, but did not like my clause about access or the ability to market the property.
If this were a parcel of land, how would this change? There would be no lockbox, etc.
Hey jerry what if the seller ask you for information on your company and you just starting and don’t have a llc set up yet what will be the best thing to tell them .
That’s a really good clause.
Hi Jerry, once again you've given us Golden nuggets..... Just thinking, can I apply this strategy when double dipping with agents?
Thanks for this..
But dang, what a scummy thing for the person on your buyers list to do.
Why would they even do that?
Reminds me of a Highschool girl trying to start drama. 🤦
Will definitely add this to my contract
thanks
You are a flipping genius!!
What’s the best way to find buyers and sellers in my city?
Has this clause been added to the contracts in Flipster?
Will be there by Friday
Yes finally!!!!!! This makes life so easy, transparent and honest. Hey Jerry Will you add this clause to your contract in your investors kit?
This is brilliant and I see the value when having a verbal conversation directly with the seller. If I were to use this clause with an on market property would I have this conversation with the agent and ask them to communicate it with the seller (thus trusting they communicate it properly) or do I request a direct conversation or conference call with the seller so I can explain it?
ua-cam.com/play/PLNDQ7qfA7mTgGtMNhLg5Pn3TSOgb_niyn.html
How does that work if I'm getting an agent to represent me as dual agency? Do I tell them to add this to the PA?
Do i need a witness or get my contract notorized or would the title company handle that? would it be best if i become a notary myself?
No contract doesn’t need to be notarized
... I FOUND IT !!! 😍
Wow man... top!
When having an agent write the offer on state approved forms do you straight up ask them to add in assignment clause and title company of your choice?
buyer typically can select title
If contract is silent on assignment there is no need
Great info Jerry!
Awesome!
Jerry, I do virtual wholesaling without a business currently, can I use my local office I have in that city as my address in the contract?
Great video Jerry 👍🏻. Explained it very well. That clause saved me an estimated $30k this past month (still working on closing 1 of 2 of the deals that the seller saw my marketing).
Hello jerry question if your dealing with a realtor is this ok to be in the contact. And when dealing with a realtor do I provide closing attorney are the realtor will.
Thanks Jerry. That’s great information on how to present that clause!
I would love to start wholesaling but the only thing holding me back is the whole POF. As a beginner wholesaler I obviously can’t buy something all cash. Any tips to get past this?
Check out my Flipster Program here - GetFlipster.com
What does "assignment" mean?
you could say "sell" the contract
@@FlippingMastery Thanks
If i say funding partners is that ok?
I was not able to gain access to the webinar.
Go here for replay GetFlipster.com
Hey Jerry, where can I find the P&S agreement. Are you able to send it to me. Thank you for all your great videos!!!
My purchase and sale and assignment contracts are included with my free quick start kit.
Get it here: myquickstartkit.com/
@@FlippingMastery can you help us fill out the P&S agreement?
Daamn,gotta re-do my contracts,,LOL.
But seriously, Looooove the Clauses,THANK YOOOOOOU,.MY MAN.
Can you help me create contracts please
i have a question, anyway you could send me your agreement that you use ?
flippingmastery.com/quickstart/hs1/
Jerry - Do you also use have Real Estate Agent add the "Buyers Intent" Clause if Agent is preparing the contact. I have already viewed the 11 Need to Knows About Agent Contract, however it did not include the "Buyers Intent" Clause.
Real Estate Guru 🙏🏾🙏🏾
Do I have to be a part of the program to submit deals to you?
Yes, you need to be a member of my finder program in order to submit deals to me. Go here to learn more: My10kcheck.com
Who is this guy? He’s great
🙏🏻
ITS GAME OVER JERRY, THOSE CLAUSES AND THE STRUCTURE OF THE DEALS THAT GET PUT TOGETHER LIKE THAT? ITS A GUARANTEE WIN?? BTW, I GOT VACANTS, UGLY, ABANDONED PROPERTIES JERRY, HOW CAN I SEND THEM OVER TO YOU??? I NEED THAT 10K CHEX!!!
I’m always looking for good deals to flip. However, you need to be a member of my finder program in order to submit deals to me. Go here to learn more: My10kcheck.com
Jerry without the beard you look 20 lol strong genes my man.
Lol out here finessing people
Yes! Love this! Transparency, integrity, and honesty will always prevail AND keep you out of court lol.