All Forum Posts by: Dayo Osibamowo

Great question. Just like Charlie John and all the others mentioned, it's about a assuming a posture of helping them solve their real estate situation and "maybe" by doing so, make money as well! LOL To be able to do that, you need to find out what their challenge is; which means that you're going to have to ask them questions (just like a doctor would) - all within 5 minutes because you don't want to waste time getting "married" to a lead. I think the bottom line is to find out why their selling, what they'll like to see happen, when they want to see it happen and how much they're looking to sell it for. Once you get all that from then, you can then think of the various options that might be available to them and get back to them. :) Don't act like you need the deal to survive. Do NOT be subservient to them because they can sense it and take full advantage of that. It's like being a quarterback at the Super Bowl without your guys protecting you! And of course, have fun while you're doing it. Cheers. Dayo Osibamowo www.leasehometobuy.com

Wow! May the seller was planning to build a recycling center and he needed a prototype of some sort! This is scary! 😂

Tough question Doug Bennett . It all depends on how emotionally strong you are in case they flip on you LOL. On the flip side though, you may be the savior they need. I'd say do whatever your gut tells you - as long as what you're offering is a solution to their problem. Dayo F Osibamowo

Hi Shannon Webb I personally do not think you have to get a license to do real estate. The most successful realtors do this business full time because they can generate leads, contact those leads immediately, and set up meetings with the sellers; as opposed to part-time ones who can only do so after work or during lunch. Now that being said, if what you really want to do in life is become a realtor, then I'd suggest talking to the top producing agents in your area and have them bring you on board under their wings so that you can learn the ropes while you also earn some income. If you do not want the life of an agent but still want to do real estate, then look for successful investors in your city and become their bird dog (or property locator). That way you meet other investors, make some money and eventually do your own thing. (This is what I did and I'm glad I chose this option) Either way, have fun while at it! Dayo F Osibamowo Springfield IL

Nice question asked there Jay Helms . I started blogging last year and I've been asking myself this same question since then. Just like you said, it's very easy for some kind of paranoia to set in; however, I just do it. I've realized that overthinking and trying to come up with a "safe" story I usually gives me writer's block syndrome (which unfortunately lasts for at least 2 weeks) LOL Our business is mainly lease options so what I try to do is relate my funny and cheesy life experiences to my lease purchase knowledge. I'd advise that you just do what feels OK to you. My mentor says to me "your business is a secret, therefore you gotta put yourself and what you do out there" I'd be glad to share my blog with you but I'm not sure we are allowed to post links on Bigger Pockets. Dayo F Osibamowo Springfield IL

Thank you so much for this awesome post Brian Gibbons. It's accomplished investors like you that we young ones look up to and who motivate us. The content of this post works for both experienced and newbie investors. Thank you again. Dayo F Osibamowo

I'm so glad you raised this post Jeff McDermott. IMHO, I think the hardest part is the mindset of the wholesaler. It should be treated as a business and not a hobby. It needs consistent action in every single part. Two factors are the number of hours one is willing to spend every day and one's monthly budget for prospecting. The second hardest part is MARKETING - for both sellers and buyers - that of course depends on consistency and the market demographics. In a market where new businesses are opening and old ones booming, finding buyers may be easier and vice versa. Finally, the mindset of the general populace also plays into it. An open-minded city is a perfect breeding ground for wholesaling success. On the flip side, if you operate in a market where the "real estate professionals" are stuck in their old ways, homeowners won't even look your way even if you offered them 200% x ARV! I've heard both sellers and realtors say "My realtor says it's illegal", "Hey, you can't do that here!", "I'm gonna take this to the Attorney General, you a@%#&!e" LOL But there's one thing that trumps all these challenges - a fanatical hunger for success (which most of us don't really have) Just my two cents! LOL

Great advice! My style is not to pressure because hoarding is definitely a psychological challenge. I'd say do more research on her, find someone who knows her and meet her at a level or place that she feels comfortable and then take it up from there. Don't waste too much time though...