Jerry Norton lives in Puerto Rico. When he’s not at the beach with his 10 kids, he wholesales and flips houses all across the U.S., without ever seeing the properties in person.
Hold up. Did he say 10 kids? Jesus, Jer, you’re a baby-making machine!
Anyways.
Jerry’s been a full-time real estate investor for over 17 years.
He’s helped thousands of others get into flipping, some of whom have gone on to create 6- and 7-figure businesses themselves.
Read on for my Flipping Mastery review.
“Now as you know, wholesaling and flipping houses isn’t always easy,” Jerry admits.
“But imagine doing it remotely where you never actually see the properties in person. That’s what I do,” he continues.
“And while it’s not a perfect system, I’ve developed my own unique way of doing it.”
“And my hope is to give you some ideas so that you, too, can create your dream business and ideal lifestyle.”
“And if you’re just getting started I wanna give you the opportunity to get paid to find deals for me,” Jerry teases.
For example:
Flipping Mastery member Raymond Huong found Jerry a deal in Pittsburgh, and Jerry cut him a check for $10,000.
So if you wanna live where you want and have the free time to do what you want, all while having a real estate investing biz that has no ceiling on what you can earn?
Jerry says he’s your guy.
You can fetch him deals, like Raymond did, or take a page outta his playbook and create your own team of “property finders” who can work on a commission-only basis for ya.
Think about it though.
It’s risk-free, it allows you to do deals anywhere, and yet, you don’t have to recruit, hire, train, babysit, and bankroll a giant in-house acquisitions team.
“The goal is to create an army of independent finders and give them the training and tools to go out in their respective markets and find deals for you,” Jerry explains.
“Once someone submits one and it meets all your criteria, you buy it and send ’em a check for $10 grand or whatever the agreed upon finder’s fee was.”
It’s all about the three P’s:
- People, to find the deals.
- Processes, to secure them.
- And Platform, an online portal where they can submit the deals to you.
From here, you have to manage the rehabs, right?
This is the hardest part if you’re doing it all remotely.
Jerry will hire a general contractor to oversee the entire project, and pay him a flat fee.
That, or he’ll partner with a local flipper in that area who’ll act as the GC and then they’ll chop the profits when it’s all said and done.
All that’s left is to sell the property.
“This is actually the easiest of all the steps,” Jerry says.
“The way I handle this is simple. I find a top-selling agent in the area to list my deals for sale.”
“Aside from having a great experience for the buyer, the reason I want a top producer in that local market is so that I can leverage their experience when deciding how to renovate the house,” Jerry adds.
“They know what buyers want. So I’ll bring them in early in the rehab process and ask them what I should and should not do.”
What about finding and raising capital though?
Jerry’s a big fan of leveraging other people’s money.
Usually about 80% of the total funds needed, he’ll get through hard money loans; and then use private money for the remaining 20%.
“You’d be surprised how easy and readily available money is for deals,” Jerry says.
“Money lenders are eager to give you money. You just gotta learn how to find ’em.”
Jerry’s got a Fast Track Flipping program, Flipster software, and Flipping Mastery coaching you can buy if you want his help.
Not interested.
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