User
Write something
Bi-Weekly Community Call is happening in 7 days
Pinned
Welcome to the Distressed Buyers Club!
Welcome to the Distressed Buyers Club! We are thrilled to have you join our vibrant community of real estate investors. Whether you're starting out or looking to sharpen your skills, you're in the right place. Here, you'll learn the ins and outs of flipping, wholesaling, and funding your deals. Our goal is to empower you with the knowledge and tools to grow from a novice to an expert in real estate investing. Let's build success together! Get ready to dive into a journey of learning and profitable investing with us. And don't forget to leave a comment below to share what you're most excited to learn or any specific questions you have as you embark on this journey. Let’s start the conversation and grow together!
2
0
Welcome to the Distressed Buyers Club!
DID I ALREADY INTRODUCE MYSELF?
Hi, my name is Ils and I'm from Belgium, country is west europe, with a lot of rain, choclat, famous music, and bad politions,,, euh I'm a work a holid and even my friend that come over from canada are actualy not on vacation but working with me here is a funny post about it https://www.facebook.com/reel/1754321514992118/?s=single_unit that post is too funny not to share hahaha, I LOVE TO MAKE FUN SO DO ASK AHEAD!! DO NOT HOLD BACK ON QUESTIONS
1
0
💰 Here’s how I made $100k today 💰
NETWORK. REFERRALS Getting your name out there and letting people know you’re actively acquiring real estate deals can naturally bring you opportunities. This deal is a perfect example: if the person who referred it to me hadn’t known that I was doing deals, they wouldn’t have brought me the opportunity. It may seem obvious, but sometimes the most straightforward strategies can lead to the most profitable outcomes. Deal Context: We leveraged an existing property in our inventory to optimize this opportunity while maximizing profits from an otherwise vacant property. Deal We’re Trading: • Property Location: Commerce, GA • Acquisition Price: $350,000 • Financing: 3.5% interest rate on a subject-to existing mortgage $261k left • Initial Investment: Approximately $35,000 (closing costs, arrears, etc.) • Monthly Payment (PITI): Roughly $2,000 End Buyer: • Situation: Family relocating from New Port Richey, FL • Current Property: They own a house worth approximately $250,000, with a $162,000 mortgage balance. We agreed to pay $228,000. The property hasn’t been listed yet. Exit Strategy: Collateral Trade w/ Lease Option The strategy we’re using here is a “collateral trade,” which allows us to achieve several key goals: 1. Move Existing Inventory: We can offload a vacant property that’s currently costing us in terms of lost cash flow. 2. Maximize the Option Fee: By structuring the deal creatively, we can secure a higher upfront payment. 3. Tax Benefits: Continued tax benefits since ownership does not officially change hands until the end of the agreement (option period) allowing us to run cost segregation studies on these deals. 4. Less Headache: With a lease option tenant that has equity at stake they are more likely to not default since they have skin in the game, more likely to respect the property etc. How It Works: 1. Trade Equity: We agree to take over the buyer’s existing mortgage of $162,000. In exchange, we credit the equity from their current home as a promissory note toward the purchase.
0
0
💰 Here’s how I made $100k today 💰
Huge Gain in Jobs Report (🐂 or 🐻?)
Is today’s report a sign to be bullish or bearish? How should we utilize this data to make investing decisions going forward? Let’s start with am I bullish or bearish? 🐂 🐻 Right now, I’m still bearish. 🐻 That doesn’t mean we aren’t doing deals, but there is a lot of risk in the market right now. Although our most recent listings have been grand slams in terms of attention on market there is a lot of uncertainty. An example being the job gains reported still puts us at a year over year job loss; if the next 3 months of data yields continued gains month over month then I’ll likely flip bullish come January/Feburary. If that data looks good then Jerome Powell may have avoided the recession and actually pulled off a soft landing. During this time will be the optimal time to purchase as things will quickly flip positive and large swings to the upside – including REAL ESTATE 🏡 We’ve continued our purchasing throughout this time period and held onto as much property as possible. Looking forward to a post election world. What do you think? What do you think will happen?
Poll
1 member has voted
0
0
Huge Gain in Jobs Report (🐂 or 🐻?)
How We’re Making Over $100k on This Deal — and How You Can Too! 🤯
Hey everyone! I wanted to break down one of our latest wins and show you exactly what sets our deals apart from the competition. In this property, we’re on track to clear over $100,000 in profit. So what makes the difference between our properties and the competition? It’s all about strategic improvements and understanding what buyers want. Here’s what we did differently: • Professional Photos & Staging: Instead of using iPhone photos and leaving the property empty, we hired professional photographers and fully staged the property. This made the house look fantastic online and in person, attracting more interest. • Competitive Pricing: We priced the property strategically. While the competition is priced $10,000 higher with minimal saves, our approach led to 53 saves and 10 showings in just one day! • Marketing That Matters: We focused on highlighting what’s truly special about the home — big features that connect emotionally with buyers, like high ceilings, a finished basement, and more. The result? Our approach created 10 showings in one day and way more saves than the competition. These small but powerful steps lead to properties selling quicker and at higher profit margins. 💡 Takeaway: The difference in this deal, and in so many of our deals, comes down to making a property shine in the best light possible. It’s why our properties get more views, more saves, and ultimately better offers. If you want to learn how to do the same and create these kinds of results in your investments, let’s chat. It’s all about knowing where to put the work and how to position properties to sell fast and profitably.
2
0
How We’re Making Over $100k on This Deal — and How You Can Too! 🤯
1-6 of 6
Distressed Buyers Club
skool.com/distressedbuyers-7438
Join our thriving community and learn how to profit from real estate, whether you’re starting out or ready to scale!
Leaderboard (30-day)
powered by