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Updated about 10 years ago on . Most recent reply

User Stats

105
Posts
9
Votes
Pedro Oliva
  • Investor
  • Chicago, Il
9
Votes |
105
Posts

Leads are coming in, but not sure how I can make money from them.

Pedro Oliva
  • Investor
  • Chicago, Il
Posted

I just sent out my first direct mail campaign and immediately started to get leads in. The problem is that most sellers just want to get out from under their mortgage or they're asking for the amount that they owe on the home. Can I make any money from these deals? If so how? If not, how do you recommend that I break it to the seller that I cannot make any money from this?

Most Popular Reply

User Stats

6,088
Posts
3,921
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Brian Gibbons#5 Guru, Book, & Course Reviews Contributor
  • Investor
  • Sherman Oaks, CA
3,921
Votes |
6,088
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Brian Gibbons#5 Guru, Book, & Course Reviews Contributor
  • Investor
  • Sherman Oaks, CA
Replied

Don't be a one trick pony

Low equity pretty houses are

Sub 2, lease option assignments and sandwiches, wraps AITDs, and installment sales on free and clear houses

Don't be just a wholesaler

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