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Updated about 2 years ago,
Best strategies for helping preforclosures
Hey BP,
This summer a partner and I created an acquisitions platform, Evergreen Investments. Our goal is to help families avoid foreclosure and we primarily door knock, call, and text preforclosure notice of defaults. Our monthly conversion goal is 500 leads > 50 conversations > 4 appointments > 2 offers > 1 acquisition. Last weekend we put a sweet property in Oceanside under contract. Excited to see what the future with this strategy holds!
For those more experienced in foreclosures, the 3 strategies above, and/or acquisitions as a whole, what advice do you have on how to optimize this process? Is there a specific opening line you like to use when a lead is cold? How do those conversion rates look? When the exit is a wholesale, how do you all go about finding your cash buyers?
Any advice is appreciated.
Thank you all!