All Forum Posts by: Allen Gregory

This is a small piece of a much larger plan that has already been vetted by apartment investors.

Thanks for your help.

Here's what I'm thinking...

If you're an investor that does lease options you probably get into those deals because you sent out a direct mail piece or did PPC. Those are the best and most targeted ways to do it, right?

You're already spending money on generating those leads. And if you're a one-person show, you have to do all the calls yourself too.

What if you made deals with apartments where you give them $5,000 for every one who moved out of their apartment and into one of your homes?

That would be a strategic partnership where you didn't have to pay for marketing and you didn't have to do all the calls yourself either. 

Here's what I mean in action...

Go to apartment builders and ask them to allow you to do homebuying seminars for their tenants. Go in once a week or once a month and hold a one-hour seminar. Don't try to sell anything. You're only there to help tenants become homeowners. As a matter of fact, that's the title of the seminar.

How you structure the deal with the apartment builders and tenants is up to you. But if the deal is sweet enough (and you can still make some money for yourself), you'll have a built-in partnership that bypasses all of your normal marketing.

Looking for feedback on this because it's something I want to do. But I'm going to need a partner.

I also understand that we will need to give the builders some sort of incentive to allow us to speak to their tenants. That's something you and I can figure out together.

I'm VERY serious about this and I'm looking for some help pulling it off. Let me know what you think.

I'm interested in working with someone who I met recently who has 2 or 3 deals that are under contract. He's extremely busy and doesn't seem to be able to find buyers. He came to me for lead generation and we have a tentative agreement to work that way. However, I think it's better if I just skip that part and work with him to get the deals done as a joint venture partner.

He's in Pittsburgh, PA and I'm in Atlanta, GA. I would like to work with him because I know for a fact that I can find people to buy the deal if indeed it's actually a deal.

I can also learn to analyze the property appropriately so I can do it for myself when the time comes.

I'm interested in learning how to structure the deal so I get paid. I know that he'll get paid and I know the end-buyer will get paid. I'm just not sure how I fit into all of that.

Can anyone lend some insight?

Wanted to bump this. 
When marketing to motivated sellers, are you finding more success with homeowners or with landlords?

I'm at a point in my life (turning 40 in April 2020) where I've grown tired of marketing to people one-to-one and chasing people all around to sell my services and/or my deals. I could send out postcards and wait for my phone to ring. But, that's not my mindset anymore. I'm ready to shift.

My primary question is...

When marketing to motivated sellers, are you finding more success with homeowners or with landlords?

The reason I ask is because I'm about to embark on a path that has me doing my own small live seminars with like 10 or 20 people. I will also be doing my own webinars (probably automated). Doing these things in these ways gives me more credibility and authority in the eyes of the marketplace and I want to take advantage of that. Because once I do, I become a semi-celebrity and basically a "Deal Magnet".

I know that a lot of you guys are buyers of good deals. I would like to provide that to you. Because all I'm gonna do is talk to the seller, get the paperwork done and then call you.

So, if you can help me understand who is a better target market (hopefully with a story/example), then you'll be doing yourself a big favor.

Thank you so much for your insight Jerry. It's truly appreciated.

Good points from you both Wayne and Patricia. Thank you.

The question was brought up because I'm looking to be more efficient.

I'm looking for an alternative to driving for dollars and a partnership seems like the best way to go.

Attorneys for divorce and probate could be problematic. Would either of you happen to have an idea that is in line with how I'm thinking about going at this?

I'm done driving for dollars. I'm ready to do some real marketing and get a partnership going.

I'm looking to work with divorce attorneys. I want the attorney to let me know when clients are ready to sell their homes. Can I pay the attorney a referral fee?

I'm looking to make them some sort of offer. Because I'm sure they all know that I'll get paid when they provide me with the info. If I can't pay them, what else could I offer? 

Also, has anyone done anything like this before? How did it work out?

Wouldn't it be easier if I sent postcards that had a great hook and a website on it? That way when I send the postcards, I'll get people to go to my website and opt-in. That way I wouldn't be spamming.

Now of course, the next best thing to do after they opt-in is to hit them with an automated webinar/sales video. That webinar/video fulfills on the promise of the postcard and then tells them the next step.

Anyone have any experience doing it this way?

Thanks Jon. I understand what you mean about owning vs. renting. It's just that I'm very specific about where I want to live, the actual homebuilder, and the actual home itself.

They advertise the home at a particular price. It's $225K for the one I want. And they're being sold by Realtors. They don't offer a rent or a lease to own option. That's why I have to buy.

I'm not willing to live in any other area, by any other homebuilder, or any other home. So I'm kinda locked in.

I'm sure I'll run into someone who will help me get the home I want. That's how my life has worked since I truly opened my eyes. I want something and then all of a sudden somebody comes into my life to help me to get it.