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All Forum Posts by: Maurice Bey

Maurice Bey has started 8 posts and replied 15 times.

I am right outside of Richmond in case any of you want to connect.

I am considering a second job to help fund my new re wholesaling business. My long term rei goal in short is to own rentals of course. That being said, what are some jobs that i could consider that will actually be beneficial to my immediate and long term rei goals (so I can earn and learn simultaneously). Of course real estate agent is one but what are some others?

Post: MOST EFFECTIVE NO/LOW COST METHODS OF FINDING MOTIVATED SELLERS!

Maurice BeyPosted
  • Lanexa, VA
  • Posts 15
  • Votes 4

All great tips and info here and I can appreciate both sides. While I don't have much time or money, I have every intent on figuring it out. I truly believe the statement where there's a will, there's a way.  I'm educating myself everyday, I'm talking to sellers, buyers, birddogs that I've hired, and potential partners everyday. And while I haven't found that homerun yet,  with every deal I get under contract, with every person I speak with, I can feel myself getting more knowledgeable and confident. I feel like it's just a matter of time before I find myself at the right place, at the right time. I have no problem exercising creativity, I was a door to door salesman for Kirby vacuums for 16 years, talk about finding creative ways to get in front of people, that was it! Most of the time, I feel like I'm so close, and every now and then I feel like I'm so far away, so the encouragement to keep going in spite of lacking a big marketing budget is definitely empowering. On the other hand I'm not naive, and there's  no one selling me pipe dreams and trying to get me to buy their course. Through my hustIing and scrambling I've actually met some pretty  helpful guides and mentors. I just would like to confirm that ambition and desire are the main ingredients that I need in this business. Thanks joe, and everyone else, sincerely!

Post: MOST EFFECTIVE NO/LOW COST METHODS OF FINDING MOTIVATED SELLERS!

Maurice BeyPosted
  • Lanexa, VA
  • Posts 15
  • Votes 4

Ok bp family, here's the deal. I bring ambition and desire to the table, that's about it. I'm a full time single working parent of two teenagers so I have very little excess time. My budget is virtually non existent, literally. What are THE MOST EFFECTIVE no/low cost ways and methods of locating motivated sellers. I know the typical stuff, bandit signs, direct mail, etc. But guys, I've got maybe a hundred bucks monthly for marketing. If I send out 50 letters per week, what category of people do I target to get the biggest bang for my buck? Or, do I  spend half of that on letters and half on bandit signs? If I do put out signs, do I put them up in the extremely hot neighborhood where all the other wholesalers have their signs up or what? Right now, the deals that I've been getting under contract are marginal, meaning, they're deals for someone but not for most. But so far I have not been able to get a deal under contract that I really  feel confident in. Hence, I need to talk to more of the right kind of seller. So, here's the scenario; you have no money (100 dollars monthly) no credit, and your back is against the wall financially! Your spouse just left you and took the kids, the dog and the pick up truck! You need it to happen as soon as it possibly can! You know that wholesaling is the ticket and all you have to bring to the table is the knowledge that you now posses. What specifically do you do to turn a deal as quick as possible!? How do you look for the deal? Where do you look for the deal?

Hello all. I discovered wholesaling about 2.5 months ago. I love the game and I've decided I want to play. I love all the info here on bp and am looking forward to connecting and learning from you all. I have a lot of questions to ask but I wanted to at least say hello first. I'm in Richmond Virginia. Feel free to connect with me, I have a boat load of desire to make a success out of this business. Maybe you can help me, maybe I can help you!