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Updated almost 10 years ago on . Most recent reply

User Stats

52
Posts
3
Votes
Danny Woodson
  • Detroit, MI
3
Votes |
52
Posts

why cant i find a deal?

Danny Woodson
  • Detroit, MI
Posted

i am not sure what i am doing wrong. my mentor claims that there is too much competition.

ive been mailing, sent my 2nd mailing out last week. i am going to send out the third in two weeks.

i have my bandit signs

i check mls

i check bank owned property.

nobody seems to be interested in any deals i find. why cant i find any deals with enough profit margin?

Most Popular Reply

User Stats

128
Posts
33
Votes
Jason McDougall
  • Rental Property Investor
  • Decatur, TX
33
Votes |
128
Posts
Jason McDougall
  • Rental Property Investor
  • Decatur, TX
Replied

Your mentor that claims that there is too much competition may be looking at things the wrong way. There will always be competition if there's a lucrative deal to be had, don't let that discourage you! Focus on generating ideas of how to beat out your competition. 

Massive action generates massive results!

Here are a few questions that can help us help YOU to be successful:

- Where did you get your mailing list from?

- What group of sellers are you targeting?

- How many mailers are you sending out?

- What format are your mailers? (Postcard, yellow letter, etc.)

- What message is conveyed in your mailings?

- How many bandit signs are you putting out?

If nobody seems interested in the deals that you find, they're likely not deals. When you find a good deal, you will easily find a buyer. 

The key to success in this business is having a relentless attitude towards success. Don't give up. Strategic and consistent marketing will benefit you greatly.

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