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October Monthly Meeting
Making Offers Like a Pro
If you’re not making offers, you’re not buying houses.
October 8, 2022 @ 9:00 am – 12:00 pm
1001 W Loop S (Suite 550 on 5th floor) Houston, TX 77027
Making Offers Like a Pro – with Mike Jacka
Start Making Offers Like A Pro Today! (Offers that get accepted)
Imagine making an offer to a seller, they reject your offer, and then you find out that the seller, actually sold the property to another investor……and…..FOR LESS. What if there was a way you could minimize the times that happens?
One of the things that hold many people back is the fear of making a mistake because they may have missed something or that they think they don’t know all the details that the experienced investors do:
- Negotiating, and making offers that get accepted
- Being able to quickly and accurately estimate repairs
- How to get solid comps in a timely manner, even without MLS access
Time is of the essence. Time is money! The national average of deals to offer ratio is around 20 offers made to buy 1 property. That’s just insane!
Wouldn’t you like to know how you could get your offer to deal ratio to an average of only making 3 offers to buy a property?
On Saturday October 8, Greater Houston REIA Welcomes Mike Jacka as our guest speaker, where he will show you:
- How to Quickly and Accurately Estimate Repairs in 10-15 minutes
- How to Find Comps (Comparable Sold Properties) even without access to the MLS
- How to use a Seller Net Sheet as a Negotiating Tool
- How to Analyze every Property Quickly
- How to Construct Offers that Sellers are more likely to Accept.
- How to Present your Offers Professionally
And, Mike will also walk you step by step through his process of looking at an making an initial repair estimate on a potential deal, and show you how he does this in 10-15 minutes so you can quickly calculate your MAO (Maximum Allowable Offer) for cash deals.
Over the years Mike Jacka has developed systems and checklists to help his staff and agents collect the required information and how to read/analyze the information so that it all makes sense. The next step is how to use all that information to make an offer that the seller is more likely to accept and how to make money from the deal once the seller accepts your offer. Most people that follow my system have reduced that number down to buying 1 out of every 3 offers they make.
He set out to create a simple yet effective system so that I could get anyone trained within a few days to go out and find deals for me with little to no experience. It took several years of trial and error to find the right process, but it was worth it because now he can hire someone new, with no experience and have them finding deals and presenting offers while I am traveling around the country doing what I love; helping others find their own success.
Why does this system work?
Because it looks at the most important numbers and presents you with a few different ways to buy a property and more importantly, it also shows you the appropriate exit strategy for each offer and what your potential profit centers are in each deal based on the unique circumstances of your deal, not just hypotheticals that do not relate to the deal you are looking at.
Get Pre-registered now and come to the meeting with your questions at hand. I want you to be as successful as you possible can be and that starts with showing up. See you at the meeting, Mike
About Mike Jacka
Mike Jacka has been investing and working in the real estate industry for more than 25 years and has experience in all aspects of single family residential real estate. Starting out as a handyman, then getting his real estate license in 1992 to becoming a real estate broker and ultimately starting and running one of the largest and most successful REIA’s (Real Estate Investors Associations) in the country.
Mike has bought and sold hundreds of properties all over the country and in Canada as well as represented several hundred people over the years with a real estate license.
As an investor, Mike has been a landlord, rehabber, wholesaler and
Agenda:
Networking & Breakfast Tacos – 9am-9:30am
Meeting Starts PROMPTLY at 9:30
Case Study – Darlington Agu will be pulling back the curtains and showing you a deal, how he found the dea, put it together, funded the deal, and give an overview of the numbers!
Haves & Wants/Deal A Minute
Market Update
Making Offers Like A Pro! Get Your Offers Accepted
After the meeting…….
Once the meeting is over, you will have an opportunity to go grab a quick bite…..BUT MAKE SURE TO COME BACK….
BONUS SESSION 1pm-2:30pm
Be KALM & Close more Deals
Knowledge -arm yourself with the RIGHT knowledge!
Attitude – Success is not an option
Leads – Become an expert at generating leads -> Close more deals
Money – Know how money works & where to get it
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