Chip Cross, Successful Real Estate Investor, Know The Market! Part Two

Jay Conner

Jun 21 2019

Chip Cross, one of Jay Conner's successful students talks with Jay about how he became successful in Real Estate.

Sold five houses in the past year.

Raised $500,000 since started working with Jay.

Current value of his properties is $1.25 million ($750K equity). In the past year, he has cashed out 5 properties with a $40,000 profit.

Complimentary business practices: Consistent networking.

His success secrtes:

1) Continuous training

2) Know your market

3) Becoming a very conservative investor. Buy 50% of ARV. 10% cushion. Positive cash flow.

How did Chip find his private money?

Chip's Exit Strategy:

Chip can sell homes for 30% more. Screen tenant owners. Down payment. Gets about %80,000 for the home instead of $60,000. Selling on Rent-to-own is the most profitable way to sell any home. You have to be patient on your pay days.

His private lenders end up giving him more money to invest. So he does not grow his number of lenders as fast as he grows the amount of money his lenders give him to invest.

Business Success

1) Follow a system

2) Build a team

3) Be conservative

Register for the Real Estate Cashflow Conference:

http://bit.ly/jaymoneypodcast

Jay Conner is a proven real estate investment leader. Without using his own money or credit, Jay maximizes creative methods to buy and sell properties with profits averaging $64,000 per deal.

What is Real Estate Investing? Live Cashflow Conference

https://youtu.be/QyeBbDOF4wo

The Conner Marketing Group Inc.
P.O. Box 1276, Morehead City, NC USA 28557

P 252-808-2927
F 252-240-2504

Channel

https://www.youtube.com/channel/UCZfl6O7pRhyX5R-rRuSnK6w

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