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What Makes A Good Real Estate Deal | Jay Conner & JP Kilduff

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Jay Conner and JP Kilduff talk about JP’s criteria on staying in a deal and rehabbing or wholesaling it out to another real estate investor.

Need to know more? Watch this short video now and let Jay takes your real estate business to the next level.

John Paul Kilduff is a serial entrepreneur with a very successful Wholesaling, Rehabbing, and Rental business in New Jersey, Pennsylvania, and Florida.

In just 5 years he has completed more than 100 transactions including building a rental portfolio with over 40+ units. In 2020 John Paul founded a Social Media Management and Skip Tracing business that helps busy Real Estate Entrepreneurs drive more leads into their business.

John Paul has been a Real Estate and Marketing coach for a national real estate education company where has personally coached 1000+ real estate investors.

He has done all of this while serving as a Drill Instructor and Cyber Security Officer in the United States Coast Guard and has recently retired to Williamsburg, Virginia.

For more valuable information click on this link and watch the complete episode: https://youtu.be/iZau4DWToBg- “100+ deals plus 40+ rentals – Get Inspired with JP Kilduff – Real Estate Investing With Jay Conner”

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Jay Conner has been investing in Real Estate for over 15 years. He typically makes 2 deals a month. He has bought and sold over 400 homes.

He had an 800 credit score and the bank closed his LOC. He needed to find a new source of funding. In the past eight years, Jay has never missed a deal because of funding.

He has developed a strong network of Private Money suppliers.

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What others are saying:

“Jay’s private lending scripts alone are worth the price of his entire system, and are the best I’ve ever heard … including mine!” – Ron LeGrand, Famous Real Estate Guru, Jacksonville, FL

“You will not believe this, but it is absolutely the truth … 3 days after attending Jay’s seminar Where to get the Money Now, I was doing a call on one of my customers. He was telling me about how he had just sold his home and I ask him if he had ever considered real-estate investing. After hearing the information that I shared out of Jay’s seminar, he is now in contact with my attorney to discuss his investment!“ – Donald A. Hovey, Norfolk, MA


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DISCLAIMER: Jay Conner is not a financial advisor, real estate broker, licensed mortgage broker, certified financial planner, licensed attorney nor a certified public accountant, therefore consult with a professional prior to making any real estate investing.

——————

Jay Conner:

What’s your criteria on staying in a deal and rehabbing it, or wholesaling it out to another real estate investor?

John Paul Kilduff:

I wholesale it, if it’s a really good deal, I don’t keep any of the really good deals. I only keep the tight deals, the ones where there’s no really meat on the bone, if it’s a really good deal, then those are the ones that I’m wholesaling out. And so we actually use the 70% rule 70% of ARV minus the repairs. That’s our offer. Typically if we can get someone to accept that, that leaves us from that 70 to about 73% in our market, that 3% is what I use for my wholesale fee. Now, if I have to come up on my offer and include that extra 3% into my offer, then that’s the ones that I keep.

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