How To Calculate Your Wholesale Offer Price (The ONLY Right Way)

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As a wholesaler or aspiring wholesaler, One of the most important skills you can learn is how to effectively determine the correct offer price with each distressed property you find. Get that right and you make money, get it wrong and you lose money and waste a lot of time. And the biggest mistake most wholesalers make is they only use 1 method or formula to determine the offer price. This results in a lot of missed opportunities.

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Jerry Norton went from digging holes for minimum wage in his mid 20's to becoming a millionaire by the age of 30. Today he's the nation's leading expert on flipping houses and has taught thousands of people how to live their dream lifestyle through real estate.

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We just bought 3 houses right next to each other in a small town in PA for $50K all in ... We had them cleaned out, and spent 3 days cleaning them up nicely (they were pretty rough) ... They need a bit of work to get them "rent ready", but we are offering them on seller financing to some Buy and Hold Investors I know for $160K ... And what's crazy is that ... to them ... that's a GREAT DEAL!!! ... Because once they're rented, they'll be bringing in a combined $2300/month ... Well over the 1% rule 💪... Such a great video, Jerry! Always love learning from you. 😊

dr.jasonbaca
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TY Jerry

I appreciated how you applied different calculations to get the exit and maximum offers for the Seller and Cash Buyer.

dwilder
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Just getting started on my journey, appreciate all you are doing!

stevec
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Thanks once again Flipping Master!! Keep the Hits coming. DRS Real Estate Investments in the DC area.

derekstephens
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Thank you, Jerry. You really are a flipping genius. I have been studying your videos and investing in your seminars and they really are helpful, and they make the most sense!!

bleuumacc
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Jerry, you are a flipping genius. Thank you so much for making the learning process so much easier so I can implement my knowledge!

SilverTheFlame
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Thanks again Jerry, You Flipping Genius you!

digisavants
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I love you jerry and the help u give to community

swagg
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Yo boss thanks for breaking it into a simple way of understanding step to the transaction

elhordc
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Great video Jerry, you are a flippin genious!

martaalder
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Whole lot of gold in this vid. Thank you sir!

wydopnthrtl
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Jerry you are a flipping genius. Thank you for the class.

sauljaquez
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Jerry, You are a DYNAMIC FLIPPIN Genius. I really need this video. Thank You

shirleyrice
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Jerry u are a flipping genius, great informative video as always…..

onesmoothcat
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Question: based on the landlord calculation, how would you determine ARV to be 365k with a 10k rehab budget? Is this intuition acquired by experience? Or is there a rule of thumb to use to reduce ARV based on reduced rehab level?

markbeal
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Thanks for these gems!💎Diversify your approach to calculating wholesale offer prices in real estate. Relying on a single method may lead to missed opportunities. Continuous learning and adaptability are key to success in this dynamic market!

earlyrisersmorningshow
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Hey Jerry. What is the best app or software for cold calling or texting blasting for free. To start up. Can you make a video thanks

ramontorres
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Where do I get the excel sheet for the average of the art on the realtor and zillow arv

dougcollins
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Okay real quick, I have 2 houses sent to me from the property owner, I was trying to wholesale one of their houses and someone got it the day before me, he sent me 2 homes saying I could give him a price before it’s listed! How do I come up with a price for non listed homes?

CBMJFLIPPER
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Im not sure about the retail buyer formula. first you say minus 8%, but with the numbers you subtracted 98%?

LilBitEstates