First call from first mail campaign

[Grant Dennis]

Yesterday I received my first call from a possible seller. I sent out my first direct mailings on Monday and didn't expect to get any action this soon. I'm excited, nervous, and hopeful. Not necessarily about this particular deal but about the fact that after all the research, reading, and podcasts, this is real. I missed the sellers call initially but called her back after getting myself as together as I could. I asked open ended questions and then SHUT UP. It was playing out just like I had heard. The seller was giving me way more info than I knew to ask for. As long as I didn't interrupt, we've got a shot, I kept saying in my head. No matter what happens with this situation, it was a huge win for me to even have a conversation. I feel like I have no idea what I'm talking about and to an experienced investor, it's true. That can be an uncomfortable place to be but a wise person once said, the only way out is through. So here we are... She was a very nice older lady that lives out of state. She knew what she was talking about and our conversation went well. I have an appointment to see the property early this week. I've analyzed tons of properties for practice but this is real. I want to give the proper offer even if she doesn't accept. I haven't connected with a realtor that I can trust to run comps so I'm going to do my best with the knowledge I have. Estimating repair costs... dude I still have no idea. I have a sheet that I will take that I got from my local REIA to help new folks. I'm going to take a bunch of pics. Then I will make my embarrassing offer and let the chips fall where they may. In time I hope to be good enough to have a few different strategies but all I got right now is forward and reverse. My plan is to assign the contract if things work out. If anyone has read this far and has any advice, ideas, or suggestions please comment. Thanks for letting me share.