How I Get Unlimited Real Estate Leads Using Privy

Are you in the real estate game and you're struggling to find qualified leads and you don't know where to look? Today we're going to be diving into Privy and how you can find real estate leads using their system, and it's going to blow your mind. Let's dive right in. In this episode, we're going to be demystifying Privy, a platform that could be your new best friend for finding deals, and we're going to even show you how to do it. I actually have a video of me showing one of my students how to find a deal using Privy in his own market. Let's check it out. By the end of this video, you're going to learn what Privy is and how it can benefit you. You're going to get a step-by-step guide on how to use Privy to find leads, and we're going to be showing you a live demo of how I showed one of my students how to get deals on Privy so you can watch it step by step and apply exactly what I did. So first, let's talk about Privy. What the heck is Privy? Privy is a platform where it lets you find deals whether you're looking for them off-market or on-market. With off-market, what I mean is you can pull a list for tired landlords. You can skip trace them, you can hit them up. Now, what I'm usually using Privy for is for finding deals on the Multiple Listing Service, on the MLS, that's listed with real estate agents. And what we do is we reach out to those agents and we make offers, and that's how you do it. So what Privy does is a really cool tool that will show you really easily what properties are good opportunities in specific markets for flippers and for wholesaling. If this idea of finding deals on the MLS excites you and getting leads that are qualified on Privy, be sure to subscribe to the channel. So now that we know what Privy is, let's talk about how you can use it. So what you're gonna wanna do is you're gonna wanna pick a market. If you have not picked what market you wanna use, Privy makes it really easy to determine what markets are hot and what have a lot of properties to use and flip, okay? So you're gonna wanna pick a market. So let's say you pick Atlanta, Georgia. So you zoom in on Atlanta, Georgia, and you're gonna see all the opportunities that Privy gives you that say, hey, these are good opportunities for flips, they meet the criteria. Once you do that, you're going to call the real estate agent and you're going to start talking to them and making an offer. Now what you're going to want to do, the way I do it, is you're going to want to have a buyer in place already. Because if you just call the agent and you're like, "Oh, I can do this," but you don't know, you lock it up, then you got to find someone, you're risking a lot of problems and you're going to run into a lot of issues when all you need to do is find some buyers first, find out if they're interested in that area, then you go look and search on Privy, and then you just tie those back and forth and you ask your buyer what they would pay. The painless way. So theory is great, but instead of me just yapping and talking about it nonstop, let's actually see it and let's see the true application so you guys can implement this the painless way. Let's watch this video.

All right, bro, so there's plenty of different ways to find deals on market for free online through networking, through Facebook groups. So today I'm going to show you how we can look for some deals to make offers on in Pasco County in the Tampa Bay area. All right, because that's where we're looking, right? Pasco. What was the other place?

Yeah, we're looking at Pasco.

He liked Hernando County, and if that one, we could also look at Pinellas because that has the St. Pete in it. So one of those two, or what else? If you had any other criteria while we're looking for—

how do you spell Pasco County?

P-A-S-C-O, Pasco.

And Hernando is the other one.

All right, so right here, brother, is what it's showing us when we look for deals. So we want to look for fix and flip opportunities. We're looking for deals, and this is what it's showing us. Okay, so all this is is these are potentially good opportunities for fix and flips, okay? Like it meets the algorithm of like what it thinks it's listed for and what it could be, you know, what it can be flipped for, right? So if we want to filter it, we want to filter it for specific buyers that you have. So what is the buy box criteria of Buzz?

Single family.

Okay, single family, active. He wants fix and flips. Let's just say 75%. Let's see what it gives us. All right. What is it? Did he tell you kind of under what purchase price he wants? Didn't he say like under half a million or something? Yeah. Under half.

Um, I mean, the big range is like $200,000 to $500,000 just to have like a range, but like purchase price, $100,000 to $220,000 seems to be like a good purchase price area with something that has an ARV of like $320,000 or $350,000.

Okay. So let's— I just narrowed it down to half a million under. Price per square foot, we don't need to worry about that. Square footage, did he say anything about square footage?

Uh, he said he'll do as small as 2-1s, so I would say, you know, maybe 600 feet is a little small, but if anything, 800 feet and up.

Okay, let's go, let's go 600 feet, and I guess it doesn't really matter on the square footage up in here. So basement, any. HOA, any. Bathrooms, we'll go with all just because I, I don't think we're going to get anything really smaller than 2-1s. Baths, stories, days on market, we don't care. Timeline, date range. Okay. And this is for like if you're going to pull a list, but right now we're checking the MLS. So we're checking Pasco County for everything that meets that criteria. Does that make sense?

Yes, it definitely does.

There was one for, I think, $225,000 that I was looking at before. I was curious what your thoughts are.

Okay, well, we can look at that one, but let's just take a look at some of these right now so I can show you like what's worth making an offer on. So usually when you're able to— usually, I'm saying usually— usually when you're able to get a deal on a property, it's— there's some kind of value add. It's either been on the market for a while, so there's something going on, or there's value add. This one looks like obviously it's not like a brand new flip, but it looks fine to me. And we go down here and we can see some comps. So it's listed for $365,000. You can see that, you know, a couple of these other homes have sold in the area for around $340,000. Let's see. It's saying that this is a potential comp that sold for $500,000. So this is— it's saying that this might be a comp. Now, you can't always go live and die by what it tells you because you never know. But I'm looking at this house and this one's sold for $500,000. But the difference in the houses— let's see what the difference in the houses are. 3, 2, you know, the square footage similar, lot size 55,000. So let's go back and see if ours is kind of similar. So immediately, why did it sell for much more, David? I can see that.

Yeah, it's a $7,000.

Yeah, the lot size is what got it. And this thing, so for me, I would say it's not really a comp. And this is what it's basically, you know, saying, hey, this is an investor that flipped this house. Let's go over here. So we're seeing some $465,000s in here that are saying that they're decent comparables.

I think my partner's coming inside a little bit.

Um, let's see, $452,000. So I'm looking at this property and I think because of the other comp that's at $500,000, this thing, you know, kind of distorted this. I wouldn't say that this is something that I'm interested in. Does that make sense? Okay. So let's go to this one. So 2 bedrooms, 2 baths. We're going to look at this. Okay. Is there a value add here? Looks decent. And then you go to the comps. If you are looking for truly turnkey homes, so they're selling it as a turnkey. Now we could always call on these and be like, pitch terms, like especially if it's been on the market for a while and be like, hey, you know, I can put a little bit down, pay your commission, blah, blah, blah. But it does look like it's sold at $426,023 and someone went in here, David, and just cleaned it up and is trying to relist it for $289,000. So someone already tried to do, you know, a little bitty flip in it. Does that make sense? Definitely. So $426,000 and then bam, right there. Okay, so let's go to this one. Okay, this— see, there's— there could be some value add here, you know what I'm saying? Frappy. Yes, yes sir. Okay, so now you look at this and you'd be like, okay, he's saying that if it's in the $150 range, right, and, um, it can sell for around the $300, he's probably interested. Is that what he was saying?

Right, yeah, yeah.

So this one actually probably will sell if you're looking at this comp. Irene Loop. It's pretty similar, but the guy did like a, as you can see, like a pretty nice flip on it. And it's sold for $270,000. So let's just say that this $150,000 we have can sell for $270,000. Okay. I like to put in my calculator. So we got $270,000. This one is listed at $150,000 and your guy's 14— sorry, hard money, 1% on the loan payment, the loan points. 5 months, 3%. He's probably an agent, so we're good. Closing costs. If the rehab is, let's just say medium rehab. I'm actually going to put the actual numbers in here. Let's say it's a $40K rehab and you want to make $15K on it, bro. This is the deal right here. According to the numbers, you could make $15K wholesale to him at $165K and he could flip it. I wonder why this thing—

set up a light rehab.

He usually is around $30K, and then a full rehab is close to $70K.

Okay, so this is a light— I would say this is not such a light rehab.

Yeah, it's not.

This is more of a, I would say, like a medium. So I think $40K is probably spot on. So this thing is active, bro. It's been listed for 3 days. I don't know why no one's— why it's still on the MLS according to these numbers. Let's freaking call it, huh? I want to call the agent. Sometimes it gives you the agent's information. We're going to just put it here. We're going to look her up. If I show up on Zillow. Okay, so we're going to go Brian Grant. You want to call him or do you want me to call him?

I prefer if you call him, bro.

I love to see how you talk to the agent because I've been mostly doing titles and buyers.

So let's do it.

Okay, so we found an opportunity that makes sense about at $150,000 from what we can see. If we lock it up at $150,000, according to your numbers from Buzz, he'd probably want it or we could find a buyer just because the numbers make makes sense. So let's find out what it's going to take to get this thing done. And, you know, I obviously don't want to come in at asking price. We're unrepresented, so then that gives us, you know, some pull because we don't, you know, we don't have a buyer's commission involved, right? Like, it's not the 3%, and they can save that, or the agent can make that. So let's make a call.

Brian Grant with Future Home Realty. I'm unable to take your call. Leave your name, number, and a brief message, and I'll return the call as soon as possible.

Hey Brian, how's it going? This is Nathan. I'm calling about the house on Irene Loop. I'm an investor. I've actually— I'm out of Salt Lake City, Utah, but I've recently left, you know, stopped flipping that area and I'm looking to flip in Tampa just because, you know, it's a better market and it's less expensive where I'm at. So I'm looking and I saw this property come up. Looks like, you know, the price point seems about right. You know, I'd like to make an offer, but I'd like to ask you some questions. I actually don't have any really relationships out there. Not to have an agent. So I don't know if you'd be willing to represent me on this one. But yeah, I'd love to call you, ask you a little bit about it. It seems like, you know, it's too good to be true almost because it seems like the numbers make sense already unless there's something maybe I'm missing and I'm not seeing on the listing. But please give me a call. I'd love to chat with you and talk soon. Bye. Bro, you never in Utah like just see a listing that just makes sense already? Yeah. Like, this is nuts to me. I'm like, whoa, hold on, $150,000? ARV is like $270,000 and you're telling me like it needs a medium rehab.

Like I can relate here in New York.

Yeah, like this is nuts. So anyway, that's what we're talking about with finding deals, David, is you're looking at Privy, you're making your filters, and you're making calls. And bro, I would, if I were you, dude, I would call on this one too. We can both work it, dude, because it doesn't matter if you get it. I'm hooking you up. If you get it, it's like, it's all good. You know what I'm saying? So that's a good one. So that's one way to get deals the way we're doing it by doing painless wholesaling. You're literally just looking for opportunities that meet the criteria of your investor. And if it doesn't work, if like you don't find very many things, you can always, you know, chat with them. If your offer doesn't work, you can network with them and be like, hey, do you have anything else that comes up? I can make you an offer within, you know, 24 hours. I can make you offers like super quick so you don't have to wait on me.

Wow, wasn't that insightful? If you like that video, there's a lot more where that came from, hit the like button and throw a comment in there. Tell me if you thought it was good. Tell me if you thought it was trash. I'd like to hear from you. And we'll see you on the next video.