Are you struggling to find the best wholesale deals to boost your business? You’re not alone. Many entrepreneurs face this challenge, which is why we’re excited to bring you our LIVE guide to finding HOT wholesale deals. In this post, we’ll share our expert tips and tricks to help you source high-quality wholesale products and secure great deals. Join us as we dive into the world of wholesale and unveil the secrets of successful deal hunting!
Introduction
Are you interested in finding wholesale deals through a real estate investment tool? If yes, then this article is for you. In this article, we will shed some light on “Privy,” a real estate investment tool that enables you to find hot wholesale deals. We will also discuss the speaker’s offering of a discount code “DAMJI5” for users who use Privy to get huge savings, and how the platform allows for property flipping analysis. Additionally, we will cover topics such as how to call agents, underwrite, finding deals, comping, and much more. So, let’s dive in.
How to Find Wholesale Deals?
The focus of the discussion today is on acquiring direct to MLS (Multiple Listing Service) data for analysis. If we aim to find wholesale deals, we need to learn how to underwrite, find agents, and comp the properties. Therefore, our first step towards finding hot wholesale deals is to acquire MLS data analysis tools.
What is Privy?
Privy is a real estate investment tool that helps real estate investors find wholesale deals. It provides access to direct MLS data analysis and coverage maps that allow investors to check which markets are profitable for investment. Moreover, the platform also enables investors to connect with agents who work in the wholesale marketplace.
Features of Privy
Here are some of the features of Privy that make it a perfect tool for wholesale deals.
- Access to Direct MLS Data Analysis
Privy is one of the best tools available for acquiring direct MLS data analysis. This feature allows investors to find profitable deals and compare prices of various properties within a specific area.
- Coverage Map
The coverage map of Privy shows which markets are profitable for investment activities. It helps investors in identifying potential hotspots and helps them focus their attention on profitable areas for investment.
- Agent Access
Privy allows users to connect and communicate with wholesale agents. By joining the platform, investors will have access to top-notch agents who are excellent in finding and presenting hot wholesale deals.
- Property Fixing and Flipping Analysis
The platform allows for property flipping analysis by comparing renovated and unrenovated houses. This feature helps investors evaluate the investment potential of a property after making necessary repairs and renovations.
Acquisition and Disposition in Wholesale Deals
Acquisition and disposition are two crucial terms in wholesale deals. Acquisition means buying properties and disposition means selling them. To become a successful investor in wholesale deals, one must understand the importance of both terms.
Comp the Properties
The goal of comping in wholesale is to find properties with high After Repair Value (ARV) and purchase them below market price. This strategy allows investors to gain significant profits. Therefore, comping is an essential step in finding hot wholesale deals.
Conclusion
In conclusion, finding hot wholesale deals is not an easy task for real estate investors. However, with the right tools, strategies, and knowledge, you can find profitable deals in the market. The use of Privy is one of the best ways for investors to find hot wholesale deals. It provides access to direct MLS data analysis, maps, agents, and many other features that make it a perfect tool for investors seeking to buy and sell properties. Make sure you use the discount code “DAMJI5” provided by the speaker to grab huge savings.
FAQs
Q1. Can I trust the data analysis of Privy?
Ans. Yes, Privy provides direct MLS data that is dependable and trustworthy.
Q2. Can I use Privy if I am not a professional investor?
Ans. Yes, Privy is an excellent tool for both experienced and new investors.
Q3. Does Privy show the property’s market value?
Ans. Privy provides information on a property’s ARV, which is its estimated value after repairs.
Q4. How can I find agents on Privy?
Ans. Privy provides a platform that enables investors to connect and communicate with wholesale agents active in the market.
Q5. How important is comping in the wholesale marketplace?
Ans. Comping is a crucial step in finding hot wholesale deals as it helps investors purchase properties below market value and sell them at a profit.