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Updated about 10 years ago on . Most recent reply

User Stats

30
Posts
14
Votes
Uyenchi Ho
  • Investor
  • San Jose, CA
14
Votes |
30
Posts

First postential deal

Uyenchi Ho
  • Investor
  • San Jose, CA
Posted

It's all happening so fast!

Less than 2 weeks ago I sent out my first batch of letters to potential cash buyers.  As of now I have about 15 buyers who've responded to my letter and asked me to put them on my list.

On Friday (that's 2 business days ago!) I sent out my first batch of letters to potential motivated sellers.  I've just received my first call from an owner who wants to sell his property.  He lives in a different city and was planning to list a rental property it with an agent, but received my letter and decided to that he's prefer to sell it to an investor for all cash.

I've made an appointment to tour the property this weekend.  I'm very excited and even more nervous.  

Any advice on what to do - and especially what not to do - on a first deal would be greatly appreciated.  Also, any personal stories of your first deal would also be great.  How you felt, what you did right, what did you do wrong.  Looking to share experiences.

Thanks everyone!!!

Uyenchi

Most Popular Reply

User Stats

57
Posts
15
Votes
Jared Maltbie
  • Real Estate Broker
  • Orlando, FL
15
Votes |
57
Posts
Jared Maltbie
  • Real Estate Broker
  • Orlando, FL
Replied

@Uyenchi Ho  Be the 4 C's - Calm, cool, collected, and confident; and you'll be just fine. 

Come ready with the comps and be honest - you're there to make money and they are there to get out of their current situation and move onto the next thing in their lives. 

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