wholesaling real estate 101 I personally
believe everyone who's in real estate
should know how to use this skill and
this video is gonna take you step by
step and what we're doing right now is
step number one a whole selling real
estate because we are and yes I don't
mean rolling down the street smoking in
dough I mean you're driving for dollars
you're looking for distressed properties
to see what is gonna be something you
can make a play for and when you run
across something that looks like this
we're gonna show you what you do after
the fact to make a deal happen if you're
finding me for the first time please go
ahead subscribe to the channel click the
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everything that we do on this channel
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me on patreon let's jump into the video
what good youtubers returning life
gamers and those looking to get started
wholesaling real estate
my name is Lamont Tyson two sexes hell
host of this life games channel and
we're going to take you on that
step-by-step journey today to
wholesaling real estate a skill I
believe everybody in real estate needs
but before we do that I gotta put on my
plus seven glasses of sexy as hell
work on skilling up my craft giving you
all the better YouTube experience
something better to look at for the
forms that you'll see in this video that
I help you as you're out there doing
this thing for other great links and for
gear go into my video description and go
check out shop life Gamescom everything
is going to be down there to help you
get started in this whole selling
process I only ask
that if you find value in this video
please share with everybody please let
people know that you are out here making
these games and this channel is helping
you get there so you guys just seen the
first step in the opening of this video
driving for dollars is still the number
one way you get your real estate there
are also other ways you know direct
marketing even a mail marketing so forth
and so forth but the cheapest way the
way to do it on a shoestring budget and
I ain't talking about Nike shoe strings
I'm talking about them joy - thing some
things those folks that was poor
pantsuits to buy from Kmart you thought
it on that shoestring driving $4.00 is
still the best way to do it so you found
a house that identifies what's the next
step the next step is you get on your
computer you look it up and we're going
to do that right now on the sexiest hell
man so I've got my address all you have
to do now
whatever county you're in go to their
tax department and input the address so
for the one I found is Alamance County
and this is going to be a free option
you can use Alamance County
everybody's county is going to have this
information pop up and then from there
you would just go to your county's tax
directory so you see you have
departments community elements County
the GIS system whichever one you want to
use let's go to departments just for the
sake of this video to help those that
this is their first time going to
anything and see you have county
departments governments all that good
stuff online services and when I first
got to doing this I didn't have anyone
helping me do it so I just came to these
websites and you look for a tax
department okay and I think this is it
right here tax bills search this is it
and when you find this ladies and
gentlemen just come to whatever your
counties looks like there look similar
but maybe not the same and you will just
follow the directions to find the
information you need so for what I'm
looking for and you
would just put his infant you would put
the address that you found while you was
out driving for dollars right in here
and as you can see it said do not
include the tight so I'm gonna put see
your Trinity and I think it's Street so
that's why I say you while you're doing
your driving for dollars make sure you
write down the correct information let's
test it out
then we're gonna search so that wasn't
it
Trinity Drive is it and here's the
information you will just click on it
there's listen up the owner as of July
or what may have you and as you can see
here it says Charles and Christine WT it
gives you the tax value of the home
assessed value and from here you can go
to the next step which is you try to
find their phone number for all we know
this information right here may or may
not be accurate you can use it if you
want to but you don't know for sure so
the probably the path of least
resistance would be to just try to give
them a call and so the next step would
be you would get their information and
you will go to white pages so I'm on the
white pages listing we know the names
we're looking for we're looking for
Christine T and/or a Charles T and
Charles W T and look at what we found
right here from the top scrolling down
Charles William T Christine shoe team
that's exactly who we're looking for
these two are probably the same this
information pretty much matches up with
what we found on the county website and
the phone numbers right here I blocked
it out so that no one knows their phone
number try to keep it private this is
the deal I'm working on next step is you
move on is to give them a phone call
based on the information that you found
let them know who you are nine times out
of ten they will not pick up the phone
they've heard people to do this to them
before and what you want to do is leave
a compelling message with a number that
they can reach you back so that in the
event that they fall through they'll be
able to get through somebody and you can
make a deal so let's give them a call
I've got my bullet speaker so you can
hear what I'm gonna say on the voicemail
hello good afternoon
may I please speak to mr. Charles T the
funny thinking
good afternoon mr. Teague my name is
Lamont Tyson and I am with Tyson's
playground real estate investing company
how are you doing today good that was
tighten well the target Tyson's
playground real estate investing LLC
okay okay I don't feel well sir I was
just calling just wondering if you are
in a need or have an interest in selling
your home located at 104 Trinity Drive I
I've actually gotten a few of these
phone calls lately I'm not sure what
list I got on but I haven't put much
thought into it yet well sir probably
let me explain to you what's probably
happened
I'm a real estate investor and I work
with a team of real estate investors and
one of the ways real estate investors
find property is that they usually ride
buy homes where the grass is a little
grown they might see some mail piling up
and I'm possibly sure that that's how so
many people have been trying to contact
you and call you and that's another
reason why I'm calling just wondering is
there a situation where you might be in
position to sell or have had to be
forced to be in position to sell and I
just want to talk to you to see if I can
find a way to help you if you have a
need well I'll tell you what my wife's
recently took ill and I've simply had to
cut back my hours at work I don't have
time to mow the grass I bear
time to work and yeah things are
starting to catch up with us I just had
to take care of my wife first but the
money didn't last as long as I thought
it would well sir you know sometimes
things happen in life and I'm so very
sorry about what's going on with your
wife and I just I genuinely wish you
well and and just hope that things can
get on a better track certainly in terms
of the obligations that you've kind of
been forced into with the real estate
you know I would like to see if there's
any way I can possibly schedule a
meeting with you to see if we can talk
about helping you possibly alleviate
this burden that you're still having
which are real estate because at the end
of the day helping your wife and getting
her needs are gonna be your top priority
and then maybe we can see if we can kind
of line things up with the rest of
what's going on in your life in terms of
your real estate is that something I
could possibly set up a meeting to come
and meet you wherever is if I can set up
a meeting come meet you at that home and
we can kind of have a discussion about
it I you know I mean I'd rather not go
bankrupt I'm not sure we're in such dire
need yet that you know we really want to
move out of the house but let me make
sure you're not one of those signs that
see on the side of the road that say
will pay money for cash there will pay
money for your house and you know those
handwritten signs where they promise big
bucks but you wonder why it's
handwritten
yeah so you know a lot of real estate
investors use those signs my company
personally doesn't like I said I'm more
of an individual who invests in real
estate and I try to make a way to help
people who have a situation where
they're possibly in need and make it so
that it's beneficial to everybody could
you help me let's say I go with this and
I obviously I don't want to go from
being in a homes being homeless can you
help me go to something smaller but I
still take some of that excess cash from
selling this home with something smaller
and help with medical bills you know I
mean these are just
they catch up with you quick just sir I
completely understand what you're saying
and being that I do work with the
network I do have some other homes that
you can potentially look at and I would
say that's definitely something we can
discuss if you can give me an
opportunity to come and meet you and we
can just talk about what currently
exists in your home in terms of mortgage
or it was paid for owners the condition
of the home we can certainly analyze all
these options if you just allow me to
just come and talk to you and really
show you what we can offer you to help
your situation I guess the meeting
wouldn't hurt can we meet at your office
do you want to meet here so you can see
the property whatever is comfortable for
you however I would prefer to meet at
your property just so I can do a
walk-through just see the condition of
the property give you a better analysis
of what it is we might be able to offer
just by being able to see the condition
of the home and really see if we can put
something in place to give you peace of
mind so that you can really really focus
on what's most important in this
situation all right what's your
availability Saturday okay let's see
today is August the 31st could you
possibly do let's see here
tomorrow's the first Saturday could you
possibly do 3 p.m.
I think 3 p.m. would work yeah we can be
here ok
great mr. t will thank you for your time
again my name is Lamont Tyson with
Tyson's playground LLC I will bring it
right I will bring you a letter and my
number is 336 and I will look forward to
meeting you tomorrow at 3 p.m. all right
I will be here okay Thank You mr. t all
right thank you
okay now ladies and gentlemen I wouldn't
expecting him to pick up but I'm glad he
did but let's say he didn't pick up the
next thing you would have done is you
have taken this ladder that is in my
video description send them a letter let
them know you
arrested in the property and then you
would call him and follow up within the
next seven days hopefully he'll get back
to you if not you keep trying but all
while you're doing this you're still
looking for other properties so now that
I made contact with them the next thing
I'm going to do when I get to his home
I'm gonna get a better feel of what he's
gone I'm gonna try to assess the home
and while I'm there if he's willing to
do so I'm gonna make an offer that's
gonna leave enough meat on the bones and
I'm gonna make that offer based on
whether or not he has a mortgage and if
it's paid for that would be my optimum
situation but more than likely it's
probably not paid for it so I'm gonna
figure out what he owes on the mortgage
I figure out if there's any equity in
the home and also do a comparable search
on my CRS data website you don't have
that you can use the other information
using this video and then I'm gonna make
him a comparative offer but ladies and
gentlemen you've got to leave meat on
the bones to make a deal and if you can
do that you'll have other investors that
might want to pick up this property and
that'll be your first deal in
wholesaling real estate and also if he
decides he wants to pick up the deal
that I'm gonna offer to him you would
give him a due diligence check for a
hundred and two hundred dollars just to
take it off the market and to get him to
sign the contract I will have a link for
the contract that I use in the video
description and under this contract you
give them maybe two weeks maybe three
weeks whatever you can give them to do
so that gives you an opportunity to get
your inspection team in the home find
some other things that might be going on
in the home and if you have to
renegotiate your deal so that you can
cover the things that are broken in the
home that need fixing and need help and
you can show this to him via paper form
by the inspection the other thing you're
gonna want to do you're gonna also want
him to gain the trust and give you a key
so that you can have
investors come see the property or you
can have him meet you over there
but it would be a whole lot better if
you could just take him out of the
situation gain enough as his trust that
he can give you a key so that you can
have investors come look at the property
you can have your inspection team come
look at the property and he doesn't have
to be dealing with it but if he's still
living there like he mentioned in this
video then you'll just have to bring
your team and let him know everything
that you're going to be doing to help
get this property move so now you've got
the contract on the home and you've got
to find buyers one of my real estate
mentors Gerald he has a great YouTube
channel I will leave his channel in the
video description link mentioned to me
one of the best ways he's been
successful when he finds a kind when he
gets a home on the contract and moving
the contract is by reverse engineering
the contract
I mean reverse engineering wholesaling
how does he do that he will meet with
all the real estate agents in his
community that he's built connections
with and ask them who are cash buyers
under their customer list that have
bought cash homes within the last 90 to
120 days
those are your gold mine buyers who do
this thing and are likely to buy your
property quickly now let's just say you
don't have trusted real estate contacts
why don't you try calling some real
estate agents telling them who you are
what you're trying to do that you have a
home under contract and if they can help
you move to homes you'll offer them a
percentage of whatever you can do to get
the home move also some real estate
agent if the home doesn't have a
mortgage would probably be willing to
list it on the MLS if you give them a
fee so ladies and gentlemen this is how
you will overcome finding buyers once
you get a home under contract another
way you can find buyers is go to your
county's courthouse auction see who's
buying the real estate but if you really
want to spend that time on the phone
find motivated real estate agents see
who's been buying properties for them
forecast and you can go that route
lastly I would encourage you to go to
your real meetings and your investment
group meetings in your community and
that will be another way to find
motivated buyers so you've gone through
that whole process you brought in a
couple of buyers ladies and gentlemen
you've showed them and believe me I want
you to have confidence when you bring
these buyers because the confidence is
in the deal don't be afraid to talk to
the buyers you know even if you're new
to this game if there is a big enough
deal
the buyers are going to take you
seriously and the next thing you know
you will have done your first
wholesaling deal and I can only tell you
when you get one done it feels so
gratifying almost like this moment
for those of you that saw binges you
know what it felt like when that moment
hit and here's a copy of what a check
would look like when she was going
through the process and ladies and
gentlemen that is hole selling real
estate
step by step each and every process that
you can go through to get started with
making money in this whole thing I must
remind you you might be working this
thing for three or four months before
you get the first person that is going
to allow you to deal with them that's
just a part of American capitalism
that's just a part of anything you do
that's worth value it is not going to be
easy in the beginning but I'm trying to
be a bridge to help you all make this a
lot easier so it you can get it done if
you want to reach out to me I've got
links in the video description so that
you can talk to me I'm going to be
leaving all the contracts and documents
you would need to make this thing happen
in the video description absolutely free
I encourage you to check it out and as I
said earlier in the video be sure to
subscribe to this channel like my videos
and share and share I'm Cheryl also for
those of you that have some medical
needs and your family my wife is a
nephrologist at Duke and she started a
YouTube channel helping people that have
kidney disorder high blood pressure
diabetes all things that surround the
kidney and that's going to do it for
this video don't forget to like my video
comment and subscribe go get yourself a
life game check that video description
box let me know if me or any of my
people under my team and network can
help you with this whole process as we
want to see you be successful the power
is with you and you can do it until that
next X is hell video I'll see you
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