So check this out on today's session what we're going to do is I'm going to
explain to you how I got
and I bid on this property this is a HUD property that I have
that over 137 people
CUT . . I for got exactly what I was talking about
I did everything myself in here, that is not how'd you do
the business and that right there is a house that I have already flipped
as well I already know that I can flip this house to a buyer on my buyers list
coz I got a strong buyers list in this area
Hey guys John Cochran here and today is System Saturday the day that I bring you a
system that I use in my business
you can rip off duplicate using your own local market now if you dig these System Saturdays
You
haven't seen anything yet you gotta get to one of our live events where
nothing two
full days of System Saturdays content, you can meet me my team
will answer all your questions and leave with a blueprint nothing but success
so on today's session what I'm going to do is I'm going I'm sitting into a house
I'm sitting into a HUD house
that I own and I'm gonna show you how we bought this property
how a 137 other people bid on this property
and then why HUD gave it to me rather than to those 137 people
okay it's a system that we have to trick
hand in the public in their computer to giving up more acceptance ok here's
exactly how we do it
the numbers on this property was it was listed as a HUD home for
eighty eight thousand dollars listed on HUD for eighty eight grand
okay now the bid amount that I got this property accepted for was sixty three thousand
three hundred sixty dollars, do the math on it that is seventy-two percent
of HUD's list price: now I also mention that there was a 137
more people that bid on this property other than ne
why did HUD give it to me, here's the mentality that most people have
and 137 bids on this the they didn't know
this 137 people did not know that they were bidding against a computer
so what they're doing is that they bid on this property probably a little bit
lower than what I didn't
or maybe where I did okay and then what they were doing as they were
waiting on HUD
to lower the price from 88,000 probably down to
75,000 somewhere around there that's what they're waiting on and then
they would submit another bid on it
that is the biggest no no and why our strategy works like crazy to get
acceptances so
so check it 137 people bid on it eighty eight thousand dollars now what HUD would
do
is that when they are countering your offers
they will counter everybody these offers now they were not answer to any of those
counters know what HUD
would rather do is take it eighty eight thousand purchase price and they
will
always accept always always always accept in the eighty percent
off of list price: of list price:
eighty percent of list price now what the public is doing is they're saying... "nah
way I ain't buying that property for 88% of list price, I'll just wait till they reduce it"
what they don't know is that again they're betting against a computer
and that computer will take that eighty-eight percent
overtime why you keep bidding on that property they're gonna
they're gonna now counter you at 82% percent
78% and then and eventually 72%
but the public don't know that because they're not keeping a bidding on this
property, they are not continually bidding on this property so that's how I got this
property accepted, I was continually bidding on it and I was constantly bidding the
seventy-two percent
HUD computer accepted it and then we went through and we got it
we got it we end up getting it sold so so
this property we've already bought this property we already funded this
property
we have already flipped this property as of
last thursday or this Thursday I guess I should say and we made a lot of money on
this deal
and that's how we got accepted so I'm gonna spill out today on a webinar at
noon
and then here in a couple days I'm gonna spill out this entire blue print for you
so go to HUD
tricks dot com to where you'll learn all my 31 different HUD tips and tricks
not just that one you'll gonna learn them all go to HUD tricks dot com
and I'll show you how we find these properties, how we've bid on these
properties how we
fund this properties, I'll give you 2 people that we're ready to fund them I'll show you how
sell this property in 7 days or less
how you can make over 10,000 dollars on every single one of them so
go to HUD tricks dot com and I'll see you on the webinar