Flip Tip Summary

Want more deals? You should tell everyone you know that you’re buying real estate. Non-competitive referral leads are the best leads! In this FlipNerd.com Flip Tip, David Krulac shares more….check it out!

Flip Tip Transcript:

Mike Hambright: Hey it’s Mike Hambright from FlipNerd.com and we have a quick Flip Tip to share with you from David Krulac who’s going to share a tip on the importance of telling everybody that you’re buying real estate.
David Krulac: The first property I bought, I bought from telling a co- worker that I was looking for a house. It was a house that was poorly advertised, if that co-worker hadn’t told me, and I hadn’t told him I was interested in buying real estate I would have never got that house. It was a great house for me.
The second house I bought a co-worker of my wife, their grandmother passed away, and had this apartment building for sale. It wasn’t advertised. There was not even a sign on the property. I wouldn’t have got that property if it wasn’t for word of mouth.
Oftentimes when I’m buying a property, I’ll introduce myself to the neighbors and I’ll compliment them, and I’ll say, “Boy you have a really nice house there, if you ever think about selling you know, please give me a call,” and I’ll give them my phone number so they have the contact information.
And I’ve gotten several leads from that, and I’ve bought several properties just by telling people that I was interested in buying their property. And in all of those cases it’s usually a non-competitive situation. Nobody else knows the property is for sale except me. I love that kind of scenario.
Mike Hambright: That’s a great tip. When you’re in business you might as well tell people you’re in business, right?
David Krulac: That’s right. Don’t hide your talent under a bushel as they say in the Bible.
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Mike: Please note the views and opinions expressed by the individuals in this program do not necessarily reflect those of FlipNerd.com or any of its partners, advertisers or affiliates. Please consult professionals before making any investment or tax decisions, as real estate investing can be risky.