I buy houses. Nice! Right? Like have you ever seen those signs that are like
those bandit signs that are on every corner illegally. By the way, most cities
don't allow for that. And they clutter things up but there's got to be a reason
why that sign exists. And I'm going to share with you how others are using it
to make millions of dollars.
So, what are those signs really all about? They always say catch too close in the
next 24 hours or we buy homes cash. And what they're really doing is they're
fishing. They're basically they're taking those bandit signs, they're corrugated
plastic. They're designed to handle the weather pretty well. They pop them on a
cheap wire frame and they illegally stick them on corners that technically
they're not supposed to. They are out there because of this: 10% of all real
estate at any given time is distressed. 90% of people that have homes
today want their home are happy to be in their
home or maybe contemplating moving down the road. They inherited it from someone
like people have stability in their life. But 10% of people are in a bad financial
crunch or they're forced to move or something happens in their world where
they need to vacate their home. Or maybe they have equity in their home and their
home is their only solution for solving a financial crisis problem, back taxes
you. I mean you name it. Bottom line is you need to know that one in 10 homes
right now on the planet are occupied by people with problems. And so, they're
called distressed. And so, all those bandit signs are trying to do is they're
trying to find a way to find the distressed individuals that need a
solution. And here's what essentially happens. If you ever call one of them, you
should do it. You call them up and they say, "Oh, awesome.
Tell me about your house. Why are you selling? And here's what they're waiting
for. They're waiting for the person that says, "Hey, I got my house." And this is a
person that when they ask questions like, "Well, what's it worth?"
"Oh, I don't really know." Well what do you owe on it? "Jeez, I don't know. Maybe
100,000 or 200... I don't really know." So, these people aren't
really financially with it or their house is worth more than they think. They
say, "Um, my house worth 200." And they're on their computer like it's
worth 300. And so everyone basically gets to decide what their home
is worth and their motivation or reason. And if they can find someone that is
really motivated like super distressed. And would be happy with a valuation on
the home lower than actuality. That's why those signs exist. Because it's the
chicken or the egg. Which one actually comes first? Some people say, "I'm going to
plan for success. I'm going to get a mentor. I'm going to learn how to do real estate
and then I'll the deal." And other people say, "Ah-ah! Not me,
I'm going to find the deal and if the deals amazing, then I'm going to invest." And those
bandit signs are all about finding good deals. So, if one comes along and you call
and value it and figure out, "Man, there's such a equity in this thing.
They're then gonna buy that home cash." Now, you're like "Wait, wait, wait.
Kris, could I make one of those signs?" Copy it. Put my phone number on it. Take
phone calls. Do a quick valuation methodology like through prop stream or
one of your tools for finding out you know what this thing is worth and versus
what they want. That's all good but how do I actually get the home bought cash? I
don't have the cash. And this is where you have to know something. When the deal
is good and you open your mouth, the money always presents itself. Like let's
just say for a moment you could had an option to buy a house for 150 grand that
was worth 250. Is that a good deal? Dude, I would do that deal. Totally 100%.
It's $100,000 of equity locked up in there. You could flip
that or hold it or lease option or do some of the different strategies. By the
way, if you don't really know what to do, make sure you have access to my real
estate coaching hotline where you can talk to my team and they'll answer all
in any questions that you have to actually help you crush it and succeed.
But that's a little beside the point. Bottom line is when you find a good deal,
if you're connected to a handful of investors, you're going to get the money
and then you'll be able to buy the home cash. They'll get what they want and now
all of a sudden you've got a massively undervalued property. Those bandit signs.
Are they good? Are they bad? Listen. It's just a marketing strategy to find a good
deal. And frankly, it's only one of hundreds of valid marketing strategies
for finding people in a situation where they want to move that home. At the end
of the day, I think you need to figure out who you are. Are you going to jump
into real estate because a good deal is right in front of you or are you going to
get into real estate with faith knowing that if I jump in, if I build it they
will come, hence I will find the good deals. Because
I could tell you right now in my back pocket, at any given moment I have 3
to 5 deals that have 25% plus annual ROI. Like they're nuts, they're amazing.
They're crazy good. The deals are out there. They're in
abundance. If it were me the chicken or the egg, I think you need to pick the
option where you find a mentor and then you get a game plan. Now, for those of you
that say, "Well Kris, what's a game plan?" Well it's pretty simple.
You're in a specific situation in your life right now. You're in college, you are
retired. You've got a job you love. You have a job that you hate. You've been
saving money, you're not saving any money. Your check to check, you're a millionaire.
Your situation is unique and different. A game plan is where someone on my team
puts themselves in your shoes and this free consultation says, "Ooh! If I were you..."
And I want to be financially independent fast possible. "What would I do?" And what
they will do is they will actually lay out a plan, they'll give you the steps
and they'll share with you what you should do if you want to be financially
independent. Guys, that's the game of real estate. That's what I would do. Right now
if you check the links in the description below, a couple of things: One
you can get a copy of my real estate book for free. This is the beginning of
what I'm going to call an awesome generic game plan with the strategy that will
cause you to win and real estate over and over and over again. You also have a
link for consultation to get with a member of my team and be like, "Hey, what
would you do in my situation?" And finally for those of you like, "No, Kris. I'm in. I
need to play. I'm watching your videos. I've got a list of questions. But YouTube
don't talk back." It does know. There's a link also below where you can actually
enjoy my real estate hot line where you can call in and then my team that's by
the way doing all of my real estate for me. Will actually show up and answer your
questions. It's sweet when you get to learn from people that aren't just
teaching. They're actually doing this. And my friend, I think you know it's time for
you to get doing it. So, make sure you are a subscriber. Click the right link for
you and we'll see you on tomorrow's video.