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In this YouTube video, the speaker shares their top three lead sources for buying houses. They begin by introducing themselves as someone who has purchased a thousand houses in the past ten years and showing a rental property they recently rehabbed, which includes a bomb shelter in the basement. The first lead source they discuss is wholesalers, which they suggest finding through local Facebook groups, roadside signs, and Google searches. They emphasize the importance of making the wholesaler's job easy and building a relationship with them.
The second lead source is working directly with real estate agents to find off-market deals. The speaker explains that good agents have a list of investors they call when they come across a listing that needs more work than the seller wants to do. They suggest building a relationship with the agent and being one of the two or three investors they call.
The third lead source is finding deals through networking and word of mouth. The speaker recommends incentivizing real estate agents by offering to pay both sides of the commission and building relationships with them by attending local meetups and clubs. They also suggest finding the most active agents in the areas where you want to buy rental properties and calling them directly to ask for opportunities to make an offer.
The speaker also discusses the benefits of driving for dollars, which involves driving around neighborhoods and looking for houses with issues that may indicate the owner is having financial difficulties. They suggest taking pictures of houses with issues and using them as potential leads. They also introduce the Deal Machine app, which allows users to track their driving and find absentee owners.
Overall, the speaker emphasizes the importance of focusing on a few lead sources and building relationships with wholesalers, real estate agents, and other professionals in the industry.
In this YouTube video, the speaker shares their top three lead sources for buying houses. They begin