Wednesday, October 22nd, 2014

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Video: “Wholetale” Vs “Retail” Real Estate Deals, Part 2

OK, guys. Thanks so much for your warm comments on the “Wholetale Deals and the Velocity of Money” video clip.  You’re welcome. :-)

Got requests to post more like it, so here’s another one I think you’ll enjoy.  It’s kind of a “Part 2″ to the last one where Bob started defining the difference between “Wholetale” vs. “Retail” deals and how he uses the MLS to zero in on them.

Update: After positive feedback, I’ve updated this post with a second (related) video – you’ll see it embedded beneath the first one below.  It basically continues along with the line of thinking from the first clip…

These clips should give you a great idea of just how interactive, intimate and REAL these events really are…

In this first clip, Bob continues clarifying between the two deal models, and goes much deeper into specifically how he determines whether he goes “Wholetale” or full blown “Rehab-to-Retail” on any given deal.  Good stuff.

Bob Norton’s KISS Flipping Intensive – Behind Closed Doors, Part 2:
“Wholetale” vs.
“Retail” Deals…

In the next segment, Bob continues researcing MLS “Pendings” to zero in on the “sweet spot”…

  • He continues uncovering and assessing an opportunity Market in the MLS…
  • He covers why finding “pendings” with low DOM is so crucial to your market analysis…
  • And shares the one sentence in MLS listings that’s a dead giveaway that it’s a flipper.

Bob Norton’s KISS Flipping Intensive – Behind Closed Doors, Part 3:
“Wholetale” vs.
“Retail” Deals, Cont…

So what do you think?  Please post your questions and/or comment below…

And I should say, I’ve also got some good footage from the deal-hunting bus tour day. It does takes me some time to edit these clips.  I’m willing to edit/post a few more for you, but only if there’s enough interest.  So if you like it and want more, tell me so in the comments!

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About 

JP Moses is a roughly-hewn man-child who first got into REI after reading Rich Dad, Poor Dad back in Y2K and went full time in 2002. He's tinkered in everything from landlording to short sales to rehabs to Realtoring to REOs to notes to owner financing, blah, blah, blah...Till he finally stuck his flag deep into wholesaling and has since flipped somewhere north of a couple hundred deals.

JP's not a “guru” but also doesn't think it's a bad word. Among his core values are authenticity, creativity, big honkin' value, general fun-ness and being unshaven. He's super proud to be chief blogger guy at REItips.com and host of the free REIology podcast. He also thoroughly enjoys sharing his 53 best real estate investing forms with anyone who wants them. You should totally check that out. :-)

  • http://www.isound.com/jvm Jay von Mohr

    Cool stuff. Basically you better know your comps & what's selling in what condition. Would help to have a hook up with a ninja mortgage broker to get retail buyers loans that won't fall through also.

    Jay von Mohr

  • Pingback: [VIDEO] “Wholetale” And Retail Deals Exposed! | Real Estate Investing News Watch Blog Aggregator

  • Propertyguy44

    Great info. Want more

  • Wewnan

    I think the bus tour video would offer some good information. I'd like to see some. Thanks!

  • Uneed2writeme

    Thanks, JP. This is awsomeness, and we need more!

  • Jeff C.

    These videos ROCK JP. Keep 'em comin'

  • Propertyguy44

    Great stuff….keep it coming JP!

  • Glenn

    JP,

    You turn out consistent quality. It should be no surprise that whatever you would choose to share with your followers would be deemed to be of high value – certainly well in excess of the time for us to 'consume' it. Your discernment makes it so. It is my opinion that you have earned the trust that I and [I am sure] many others hold for you. Among those for whom it applies, such 'followers' are admirers. Count me among them – and keep those vids coming!

  • AlxRodz

    Who can say “no” to more? Keep em coming!!

  • http://REItips.com/ jp moses

    You're too kind, Glenn! But you sure know how to flatter a guy. :-)

    …jp

  • tim

    Bob Norton is the absolute best.

  • Al

    Great footage, keep them coming – they are helpful!

  • Tyler

    Definitely good Stuff here. The trends we’re seeing locally as that end Retail Buyers want a deal. The will buy that Whol-Tail when some equity is left on the table. Thumb Up!

    Tyler McCracken – A NC Real Estate Investor
    http://www.CharlotteREBlog.com