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So the big question is this, what would you do if money didn’t matter? So you had millions in your bank account, what would you focus on? Would you spend more time with your family, with your wife, with your kids? Take family vacations.
Would you pursue your gifts and talents and dreams? Serve your local community, teach others, serve your church. You see if what you would do if money didn’t matter, it was pursuing your gifts and talents and dreams to serve others, and that is probably what you should be doing.
The problem is most people are in the rat race, living five inches in front of their face with no time to pursue what they were born to do. That is the problem, and the solution is to develop enough passive income to replace your working income so you can quit your job and be free to live your life the way you were created to.
That is a solution and this podcast will show you how…
What’s up guys? Welcome to episode number 35 of Cash Flow Dad Life podcast. Today I’m going to be showing you guys and amazing, dirty, free trick to find out which zip codes to invest in real estate. As a lot of you guys know, I recently became obsessed with the show alone.
That’s where they take 10 people and they drop them off in the middle of nowhere, in the middle of a, a Vancouver island. And the person who survives the longest is the one who wins. He wins $500,000 cash. So I was inspired by this entire concept.
So I thought to myself, “What if, what if you lost everything? You had nothing, right? And you were dropped off in a city somewhere in the middle of America or wherever you are. And you had bills piling up, a Ui, creditors pounding at your door?
You had to find a place to live you, you know, you need to provide for your family and you had no money and you needed to come up with $10,000 in less than 30 days.
…What would you do?”
So I’m, I’m actually, I was so inspired by that concept that I’m writing a book and guys, this book is going to be amazing, alright? I haven’t decided what I’m gonna call it…but it’s basically like the seven day battle plan, the seven day real estate, a survival plan to make $10,000 or more in less than 30 days starting out with nothing.
Okay. That’s the premise of the book…
So listen, because you guys are loyal listeners, you’ve been listening to the podcast for awhile. If any of you guys, I want to release the book to my podcast audience first. So if you guys want a copy of this book for free than leave me a review and I don’t think I can tell you that I want a five star review so I’m definitely not going to tell you that if you leave me a review, I’m definitely not going to say leave five stars because it will be freaking amazing and anything less than that would be unacceptable.
I’m not going to say that because I’m not sure if I can do that with the rules of itunes or wherever this podcast is. So leave me a review and write me a review…
Leave me a starred review and write me a review and I will send you a free copy of this book when it comes out. Okay?
So I’m sure you guys are curious. I’m going to read you an excerpt from the book. What is this amazing, dirty, free trick to find out which zip codes to invest in real estate and why is that important? So picture you’re dropped off in the middle of an island, right? And you’ve got to survive. What is one of the first things that you’re going to do?
You’re going to find out where to set up camp. That’s the most important. You want to look for areas near the water where there’s tide, there’s vegetation, there’s activity, so that you have the best chance of finding something to eat.
You don’t want to set up in areas of desolation. So in real estate, which you want to do is you want to see where all of the people buying we’re all the cash buyers are because wherever the cash buyers are and wherever they’re investing, that shows you a. were you going to find the most deals that make financial sense? You don’t have to figure it out on your own. If there’s a ton of cash buyers buying in these areas, they’ve already done the homework for you, right?
You’re kind of cheating. You’re just piggybacking on them. You’re like, oh. Whereas everybody else investing and you figure out where are the other cash buyers are investing. They’re smart, they’re running the numbers.
They know what makes the most financial sense…
So it’s going to tell you that which zip codes make the most financial sense. And B, when you get a deal under contract in this area, you can have a pool of cash buyers that you can market to.
You’re going to be more likely to be able to partner with somebody on this property that you got under contract or to wholesale it to them. You’re going to be more likely to find a way to fund whatever deal you find in this area. Okay? So that’s the first thing is if you want to know where the food is, you want to know how to provide.
Look where everybody else is buying, you know, in the island in the middle of nowhere…
You want to see where there’s the vegetation, where there’s maybe, you know, other fish, carcasses were other animals are feeding. You want to see where there’s the most activity. Okay? So how do you know which zip codes have the most cash buyers? So I’m gonna teach you this dirty, dirty, dirty, free, secret trick on how to do it for free. Okay?
So you might have to pause this or go back to this podcast episode and uh, and relisten to the steps as you do it because it’s, it’s, you know, a couple set of things is like 20 steps altogether.
But it is a really cool technique. It doesn’t take long, it takes less than five minutes to do.
But I’m going to give you guys a step by step here. Okay? So step one, you’re going to go to a website called list source.com, and you’re going to create an account. It’s completely free to create an account on here.
It’s just basically a website that produces all kinds of lists based on all kinds of different criteria. In step two, after you create account, you’re going to click on a button on the homepage that says build a list. And after you click on build a list, step three is you’re going to select whatever county you live in or whatever county, uh, you’
ve been just dropped off in the middle of nowhere, right with, with no network and no money in it or anything else. Okay? So select that county.
And step four, you’re going to select your state. Step five, which you’re going to do is you’re going to add the county where you want to find cash buyers. So where I am as called St Tammany, so I’m going to add St Tammany county. It’s all actually perished, but nobody else in the world calls you their counties parishes.
But here in Louisiana, a step six, you’re going to go to the upper tab that says properties. You’re going to click that, okay? And then step seven, under the thing that says, select criteria, you’re going to select equity percentage.
What this is gonna allow you to do is you’re going to be, be able to select anybody who is bought a property at 91 percent to a hundred percent equity.
So that means that they are a cash buyer. If they bought it at 100 percent, then that means that they own the entire property outright.
So you’re going to select 91 percent, or I wish there was just 100 percent button, but it’s 91 percent to 100 percent, which still, that’s a good bit of cash that somebody is put into a property.
So you’re gonna select 91 percent to 100 percent and hit add. This is going to show you who the 91 to 100 percent equity in their property, meaning that these are the cash buyers, right? And step nine is you’re going to go to a dropdown menu and you’re going to select a property types, and then step 10, you’re going to select single family residential.
And then you can hit add, you can add that criteria to the list if you’re interested in duplexes and fourplexes, then you can also add duplexes and fourplexes to that list as well.
In step 11, you’re going to go to the drop down to the last market sales date and select the last six months and hit add.
And by the way, guys, if you’re having trouble following me and you’re pressing pause and then play, and then, you know, rewind again a, leave me a review and a comment and I’ll send you the book for free. That has all these steps laid out. All right? So you don’t have to pause and replay.
All right, so step 10, um, I’m sorry, we’re on step 11. Step 11, you’re going to drop down to a something that says last market sales date and you’re going to select the last six months and hit ads. So this is going to give you all the cash buyers, uh, that have 91 to 100 percent equity in the property that have bought a house in that county over the last six months.
It’s freakin’ amazing. Okay?…
And then step 12, you’re going to click options tab. And what you want to click here in step 13 is you want to click a tab that says absentee owned.
What this means is that they bought the property in cash, but they’re not living in the property. What does this tell you? It tells you if you bought a property, but you’re not living in it. You are an investor. You’re a cash investor. Okay?
I’ll step 14. You’re going to hit no preference under trustee owned properties and corporate owned properties. And then step 15, because you don’t care if they’re trusting, owned or corporate owned, if they’re not living in it, they’re probably an investor. Instead of 15, you’re going to click mailing address complete.
So on the left hand side, it will tell you how many properties have been bought in cash from investors in the last six months in your area…
For example, when I did it in my parish at say a St Tammany Parish County, uh, St Tammany County is what it shows up in list source is going to show me that there are 228 people who bought their house in cash that don’t currently live in that house.
That means there’s 228 cash investors in my county. All right? So that, that bought in the last six months anyways. So what we want to do now is have your county might be big, it might be small, but everybody in your, you want to see what zip codes are the most popular because that is going to tell you where to focus your efforts in, in the, in the island, when you’re dropped off, that’s going to show you where the most fish are. Okay?
That’s where you’re going to have the most success in finding food. Alright? So, uh, what you going to do is you’re going to click purchase lists, but don’t worry, you don’t actually have to buy it.
You just click purchase list…
If you do have money, by the way, just real quick, if you do have money for this, then you want to go ahead and purchase a list is only going to be like 50 to a hundred bucks because it’ll give you the name, number, address of all the cash buyers in the area, and you can potentially partner with them for any deals that you find in that area that they’re buying.
Okay, so, but if you don’t have money for it, then no worries. We’re going to use other free methods. So a step 17, it’ll give you the option to purchase. Partial list is what it says on their purchase partial list. So you’re going to click that and on step 18 you’re going to select custom selection.
From there, step 19, you’re going to select zip codes and then step 20 it will show you which zip codes have the most active cash buyers. It actually will show you the number of cash buyers in each zip code.
This will be where you want to focus your efforts because this is where all the cash buyers are gravitating because they know it’s a good area to invest in, so that’s how you reverse engineer guys and further a tip, step 20, you just click export and you can email it to yourself.
It’s going to export to you in Excel spreadsheet, and then you just go to your email and download the list and a on your excel spreadsheet. You can just click sort and that will just lay it out for you even better. I’ll show you from largest to smallest what zip codes have the most cash investors. Boom, that’s it.
Now you know where to set up camp, so look at that excel sheet and see what zip codes have the most active cash buyers in them. These zip codes are where real estate, this is going to be a real estate honey hole in these zip codes. This is where you want to focus your cash buying efforts. So guys, listen, this book is going to be amazing.
It’s going to give you all kinds of awesome tips like this. It’s going to show you exactly what you would do our to our step by step exactly what you would need to do in order to make at least 10,000, probably more in less than 30 day, starting with nothing starting with no knowledge and no money in real estate.
And not only that, but it’s going to show you how to set yourself up for the longterm so that you’re starting to make passive income every single month.
So if you guys want that book for free, I’m telling you right now, I’m still writing the last chapter on it.
It’s going to be published soon, but if you want to be the first to get it than just leave me a, uh, an amazing review and, uh, and I will send you a free copy of this book. Okay?
Alright guys, take care.
Thanks for listening. Please remember to rate and subscribe. You’re going to want to listen to every episode as soon as it comes out. It hasn’t been an idea or strategy that can literally change your life.
Listen, don’t miss out on the free investor pools that I have on my website https://cashflowdadlife.com/. So go to https://cashflowdadlife.com/ gets a free swag and lists and hit me up. If you want to talk about how we can get you out of the rat race as soon as possible. Until next time. My name is Ryan Enk and this was Cash Flow Dad Life!