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Hey wassup guys John Cochran here and today is System Saturday the day that I
bring you a system that I use in my business
that you can rip off duplicate using your own local market
now this weekend is very very special it's Memorial Day weekend so
as you can see here I'm at a memorial here in Dayton Ohio
and while this weekend whenever you're out with your friends and your family
grilling out are doing that we're doing
I always want you to remember what it's all about and all the people that gave
their lives for us
so that we can have the ultimate freedom that we have today so on today system
Saturday what we're going to do is we're going to talk a little bit more
about sweet spot some gonna take you out to a property in Trotwood Ohio
so let's go take a look at it so last week what I did was I showed you and I
went into the MLS to show you how to go through
and identify your real estate sweet spot so going back to that video
our real estate sweet spot in our area is three bedrooms two baths
homes that are seventeen hundred square foot that the
that they're going to be selling right around a hundred and sixteen thousand
dollars that is what the perfect scenario
where we need to be buying properties at but if you noticed you actually have two
different sweet spot in and we have two different sweet spot in your gonna have
two different sweet spot
You're gonna have one area like to 3 bed 2 bath 1700 square foot for the hundred
sixteen thousand that is your area that is a sweet spot number one
of where you need to be pre having and rehabing properties that because that's
where
on all the the middle class people are buying properties at getting loans up
for
okay now this second sweet but they're gonna notice that you have is another
one and not like we're like I said we're here in Trotwood right now
this is another sweet spot that we have but these prices are nowhere close
to the hundred sixteen thousand are marked now
in the Dayton and Trotwood area there's a lotta units sold
where you can tell that in our area the average price of these homes
is thirty five thousand dollars what they sell for so what that tells me is
that these properties
you cannot prehab them you cannot rehab them because there is no
spread their
that is not where the masses of people are buying properties that there's just
no spread their
you can't buy a property for five thousand dollars put ten thousand dollars into it
and then
hope that a buyer's going to come in and occurs most banks 21 finance you at
thirty five thousand dollars they they want to hire purchase price for that so
these properties and best
particular sweet spots we spot number two are definitely identified into the
hood
in you have to wholesale those deals off so
the numbers don't lie the numbers will tell you exactly what to do
your sweet spot 3 bed 2 bath 1700 square foot for a hundred sixteen thousand
that's where everybody's buying properties at BAM! that's exactly where
you need to be prehabing rehabing
the sweet spot anything drastically lower you're identifying as the hood
that sweet spot number two
you have to wholesale in those areas because there's no way they're going to
be able to prehab
or rehab in ever be able to put those properties and get your money out of em
so
always go through and wholesale deals that are in the hood cuz you cannot prehab
or rehab you will lose money on it guaranteed subscribe to the channel:
comment on this System Saturday and have a great Memorial Day I'm out see you guys