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In this video, real estate investor Jerry Norton discusses the importance of a letter of intent (LOI) for investors making offers to sellers and securing contracts. He explains what an LOI is, when to use it, and how to effectively incorporate it into the offer process. Viewers are encouraged to stay until the end for a free download of his exact letter of intent. The tutorial is sponsored by Flipster, a leading real estate software that provides tools for finding funding and flipping houses. Jerry, a full-time investor with over 17 years of experience, aims to help new investors succeed in the flipping business and achieve significant incomes.