How to Find JV Deals FAST with InvestorLift (Free Step-by-Step Tutorial)

Name: How to Find JV Deals FAST with InvestorLift (Free Step-by-Step Tutorial)
Uploaded: 2023-10-01T12:01:45+00:00
Duration: 2 min 7 s
Channel: Nathan Payne
Description: In this tutorial segment, Nathan Payne explains how to leverage InvestorLift—a marketplace where wholesalers list properties—to source joint‑venture (JV)…

1 Oct 2023 · 2 min

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2:07

In this tutorial segment, Nathan Payne explains how to leverage InvestorLift—a marketplace where wholesalers list properties—to source joint‑venture (JV) real‑estate deals. He walks through the process of browsing listings, signing in to obtain property addresses, running comparable sales (comps) to assess potential profit spreads, and deciding whether a deal is worth pursuing. If a deal looks promising, he advises contacting the dispositions manager early to discuss a JV arrangement, outlining options such as a 50/50 split or adding a fee on top. Payne emphasizes the critical role of having strong relationships with local buyers and a solid buyer list, noting that without local market knowledge it’s hard to move a property quickly. He also mentions supplementary sourcing channels like buyer lists, Facebook groups, and Craigslist. The overall message is a step‑by‑step, practical guide to efficiently find, evaluate, and close JV deals using InvestorLift and complementary networking tools.

Chapters

All right guys, so Investor Lift is another way we use to JV. And what Investor Lift is, it's a community, a marketplace of wholesalers that they post their deals on this website and try to sell them. So you can go on here and look at deals that wholesalers have and analyze them and see if you have a buyer for them. So you can either sign in and go by area, or you can just look on the right side if you don't want to sign in. So for example, Peoria, Illinois, if I wanted to take this further, I see that they're asking $25,000. I would get the address by signing in, take that address, run some comps, and see if I feel like there's a big enough spread. If there isn't a big enough spread, you can message the dispositions manager and say, hey Alyssa, I have some buyers out there. Would you be interested in, you know, JVing if I can bring a buyer? And usually they're always open if they're able to make their money. You can do the split, the 50/50 split, or you can just add your fee on top. You got some pictures to help you analyze the property, whether you think it's, um, you know, the repairs that would need to be done. But the step of— the important step of this is being able to analyze the deal, run the comps, and see if you think you can move it, and having relationships with buyers, um, in that area that you think you could quickly sell it. Because if you go to Peoria and you have no idea what's going on in Peoria, it's probably gonna be hard for you to find someone too, unless you know or you have a good list there, or you know how to pull a list and market to it. But before I do any of that, I would contact— I'd do a quick investigation analysis of the property, see if you think it's at a good deal, and then contact them because they might have already moved it. So it's important to talk to the dispo manager before you get into, you know, doing a ton of work. So Investor Lift, great place to find JV deals, uh, along with, you know, getting on people's buyers lists, um, and Facebook groups, Craigslist. So that's just another way to find deals.