Prospecting for Deals - 80/20

[Deshawn Peterson]

Hey All, 

I'm just getting started on finding deals. I'm aware of driving for dollars, direct mailing, cold calling, skip tracing, hiring a VA and etc.

Do you recommend using all the methods or focusing on a key 1-2 tactics. 

Any insight is appreciated.

[Joe Gonzalez]

Whats going on Deshawn,

When first starting out I would recommend playing offense, in other words taking a more proactive marketing approach. Cold calling will be the cheapest form of entry since all you need is a skip traced list, a dialer and a lot of motivation. 

I made $30,000 when I first started by cold calling a pre foreclosure list. (list $100, skip tracing  $30)

I then started learning and investing my earnings into other marketing channels.

Best of luck