Is cold calling or reverse driving for dollars a better way to market to foreclosures

[Mike Schorah]

I have 2 options that I’m looking at.

I heard that people in pre-foreclosure don’t pick up their phone.

So I started reverse driving for dollars. I found the extended adrenaline rush and process of constantly driving around to be exhausting and nauseating, but I can see why nobody does it. It’s so time consuming. Plus is it really worth the gas money driving around to all of these properties?

Cold calling is very comfortable. I can log miles on my exercise bike, browse the internet, and listen to YouTube at a low volume. I can see why people gravitate towards it. My issue is that I get through the list so fast.

The quicker I get through my lists, the more I have to do virtual deals which cuts down on my rate of success. Definitely would rather stay local and do belly to belly transactions.