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In this video, Jerry Norton explains the importance of a letter of intent (LOI) for real estate investors when making offers to sellers and securing contracts. He breaks down what an LOI is, along with when and how to use it effectively for offers. Viewers are encouraged to stay until the end to receive a free copy of his exact letter of intent. The video is sponsored by Flipster, a top real estate software offering tools for finding funding and flipping houses. Jerry, a full-time investor with over 17 years of experience, has assisted many new investors in achieving significant incomes through house flipping. He aims to educate viewers on real estate investing.