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The Titanium Vault hosted by RJ Bates III
RJ Bates III, affectionately referred to as the Viking Wizard by his students, started his real estate investing career in 2014 after attending a real estate education program that put him $65,000 in debt. RJ contracted his first deal he found on the MLS and wholesaled it for a $7,500 assignment fee. That was the end of his former life and the beginning of his venture into becoming a real estate investor. Since that moment, RJ has become an influential figurehead in the real estate investing industry. He has successfully purchased and sold over 2,000 properties all across the USA including wholesale deals, rehabs, rentals, owner finances and short term rentals. One of his passions is being the host of The Titanium Vault Podcast where he interviews the top real estate investors and finally, RJ has won back to back Closers Olympics earning him the reputation as the King Closer!
The Titanium Vault hosted by RJ Bates III
How To Build A Bridge For End Buyers | Wholesaling Quickies
Want to work directly with me to close more deals? Go Here: https://www.titaniumu.com
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If you’re new to my channel my name is RJ Bates III. Myself and my partner Cassi DeHaas are the founders of Titanium Investments.
We are nationwide virtual wholesalers and on this channel we share EVERYTHING that we do inside our business. So if you’re looking to close more deals - at higher assignments - anywhere in the country… You’re in the right place.
Who is Titanium Investments and What Have We Accomplished?
Over 10 years in the real estate investing business
Closed deals in all 50 states
Owned rentals in 12 states
Flipped houses in 11 states
Closed on over 2,000 properties
125 contracts in 50 days (all live on YouTube)
Back to back Closers Olympics Champion
Trained thousands of wholesalers to close more deals
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With over 2,000 Videos, this is the #1 channel on YouTube for all things Virtual Wholesaling. SUBSCRIBE NOW! https://www.youtube.com/@RJBatesIII
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RESOURCES FOR YOU:
If you want my team and I to walk you through how to build or scale your virtual wholesaling business from A to Z, click here to learn more about Titanium University: https://www.titaniumu.com
(FREE) If you want to learn how to close deals just like me, The King Closer, then download the free King Closer Formula PDF: https://www.kingclosersformula.com/close
(FREE) Join our exclusive FB group community for real estate investors and wholesalers: https://www.facebook.com/groups/titaniumvault/
(FREE) Click here to grab our Titanium fleet free PDF & training: Our battle tested strategies and tools that we actually use… and are proven to work: https://www.kingclosersformula.com/fleet
Grab the King Closer Blueprint: My Step by Step Sales Process for closing over 2,000 deals (Only $37): https://www.kingclosersformula.com/kcblueprint
Grab Titanium Profits: Our exact system we use to comp and underwrite deals in only 4 minutes. (Only $99) https://www.kingclosersformula.com/titaniumprofits
Want to know what the best markets to wholesale in are? Grab my breakdown of all 50 states here: https://www.titaniumu.com/markets
Welcome back to Wholesaling Quickies, the series where I try to give you as much information as possible in less than five minutes let's be honest, you've never lasted five minutes anyways. Alright, so today we're going to be talking about how to build a bridge for your end buyers. So you have a property under contract, you've done the recon, you've gotten pictures, you've put together your dispo marketing package and now you've sent it out to your end buyers. Maybe those end buyers have even gone out and walked the property, but there's a disagreement on the price. Now, this is common. It's the same thing as when you're talking to a motivated seller there's going to be disagreements on the after repair value, the amount of repairs and maybe sometimes even the amount of profit that your buyer wants to make. So here's how you're going to build a bridge for your end buyers, the exact same thing that we do with motivated sellers. We use our profit calculator and we ask the end buyer what am I missing? What are you seeing? How much do you think the after repair value is Okay Based off of that number? How much in rehab would you need to do to the property to achieve that after repair value?
Speaker 1:Once you have that number, say okay, mr Buyer, based off of these two numbers, what I'm seeing is an after repair value of this holding costs, closing costs, repairs and then I allocated this much profit and it gives you a profit percentage of this much.
Speaker 1:Where in there am I not seeing what you're seeing? Where do we need to adjust our numbers to make this fit your buy box? Now I talk about not calling buyers and asking what their buy box is all the time. The reason why is because I want you to prove to your end buyers that you are a real wholesaler that brings value to them Deals. This is the perfect scenario where you can build a relationship with an end buyer, unlike any other wholesaler out there, truly understanding the numbers and walking them through and actually having a conversation about things that other wholesalers never think about their holding costs, their closing costs, their profit and their profit percentage. So once you go through this and you can actually build that bridge and show them this is how I'm seeing this as a deal there will be many times where you can actually get an end buyer to buy your deal because you're a wholesaler that understands how to truly analyze a deal. Appreciate you guys. See you on the next one.