As investors, we work hard to hunt deals, line up financing and manage the rehab but one area that is often overlooked is the process of selling the property. Grossing just an extra 4-5% on a each deal could easily add 40-50% to your bottom line.
This month, we are proud to present Brett Jennings, who will be sharing 7 Factors investors should know that can DOUBLE the net profit each deal!
As experienced rehabbers ourselves, we realize the importance of selling for the highest price possible. Our profit in a Bay Area transaction is typically about 10 to 15% of the ARV (after remodeled value). That means that if we can just improve our sale price by only 3% that we will increase our profit by 20 to 30%!
I recently had lunch with Brett to hear about his methods for boosting sales prices and was impressed such that I invited him to share his ideas with you. You won't want to miss this!
We are proud to announce this months guests speaker, Brett Jennings who will be sharing 7 Factors you should know that can DOUBLE your net profit per deal!
Brett Jennings was a managing broker for one of the largest investor flippers in the Silicon Valley. In just 2 years, Brett and his team completed over 180 transactions. During that time, Brett identified 7 key factors, that when actively managed, maximize investor equity upon sale. By focusing on these factors, he and his team achieved record sale prices in almost every area they sold in, selling properties for as much as 18% MORE than neighborhood averages.
Skilled in marketing and certified as a negotiation expert, Brett has a specific focus to help investors maximize their equity position when selling their properties. His market proven process has sold homes for up to 18% more than neighborhood averages.
Brett’s first book, “The New Rise in Real Estate” was published in April 2012. The book was recognized by Amazon.com as #1 Best-Seller in the category of real estate at that time. In 2013, the Wall Street Journal and RIS Media recognized Brett Jennings as being one of the top 1,000 real estate brokers in the USA. With over one million agents in the country, this prestigious award places Brett in the top 1/10th of the top 1% among his peers.
Brett will be sharing these 7 Factors along with specific tactics that you can easily implement in your business to increase your net profit per deal from 20-100%. As a SPECIAL BONUS, Brett will also reveal his BEST motivated seller marketing pieces and show you how you can zero out the cost of all your seller marketing through strategic joint venture relationships.
Don't Miss Out! RSVP Today!
Agenda for this meeting:
1. Introductions and open mic time (please bring your flyers, cards or other promotional materials. Please limit your mic time to 60 seconds or less. If you would need more time, please contact the promoters to schedule your presentation.)
2. Topic 1 - Private Money Lending/Partnering. Designed to give Private Money Investors and/or prospective Private Money Investors valuable information on the process of lending money to or partnering with rehabbers.
3. Topic 2 - Case Study. Designed to give beginning and prospective Rehabbers information on how to succeed in finding, analyzing, fixing and selling Bay Area houses.
My partner Dean and I buy UGLY houses for pennies on the dollar, remodel them beautifully and sell them for top dollar. We call ourselves “The UGLY House Magicians” and I’m sure you would agree that it does take a little magic (and a lot of hard work) to locate these bargains and turn them around in such a short time. We will explain more about what we do and why trust deed lending makes good sense in today’s market.
Seating is limited so reserve your spot right away.
Where: Wally Pond Community Center 41885 Blacow Rd Fremont
When: Every 2nd Thursday of the month at 7:00 p.m. (Please arrive early for networking and sign in.)