One of the very first steps in the process of ANY real estate investor, whether a wholesaler or fix and flip guy, is the act of making an offer on a property. If you don’t know how to make an offer according to the margins you need, that’s problem number 1. And if you know the “how” but don’t actually MAKE the offers regularly (and in volume… we’ll get to that), then that’s problem number two.

On this episode of The Flip King Joe Evangelisti reaches into the experience vault and pulls out his very own formula for making offers on real estate in a smart, numbers-driven way and teaches you the ins and outs, step by step. If you’re new to the real estate investing world, you’ve come upon the best starting point you could ask for on this episode. If you’re a seasoned investor, you’ve got a simple way to check yourself to make sure you’re covering all your bases when you make your offers on properties.

The first is that they don’t know what goes into making a good offer. They shoot from the hip, act on gut feelings about properties and hunches about the local market. That may wind up getting you some properties that you can actually turn a profit on, but it will also get you broke in a hurry.

You’ve got to know EXACTLY how to make an offer that matches your local market and takes into account all the variables such as investor returns, costs for rehab, your profit, and a lot more. If you don’t, you’re asking to lose money and fail at real estate investing. It’s that simple. So listen up… Joe’s going to give you his EXACT formula for calculating offers. He calls it his “Maximum Allowable Offer.” If you follow this strategy, you’ll never get in over your head or cut your margins too close - and you’ll find yourself making good money on your deals once they’re accepted.

Even if you know how to calculate a maximum allowable offer it’s not going to do you a bit of good if you don’t actually make offers on properties. That’s the second mistake. And understand this: you can’t just make an offer here or there, you’ve got to be searching out offers and writing many, many offers. Whatever you’re doing now, double it. That’s easy to do. Joe refers to this as making offers “in volume.” It’s how you get to cherry pick the deals that are out there, how you get the opportunity to make more money, faster. You’ve got to take smart action to get your business rolling forward. This episode is full of practical advice. You’ll be smart if you take it.

Find Joe Evangelisti on Periscope - http://Periscope.tv

www.LevelUpRealEstateTraining.com

www.TheFlipKing.com