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All Forum Posts by: Jared Vidales

Jared Vidales has started 179 posts and replied 487 times.

Post: Probate leads

Jared VidalesPosted
  • Scottsdale, AZ
  • Posts 509
  • Votes 134

I don't believe Maricopa County offers probate info online anymore

Post: Arizona Networking Connections

Jared VidalesPosted
  • Scottsdale, AZ
  • Posts 509
  • Votes 134

Sent you a request

I drive from Scottsdale to visit my girlfriend in Newport Beach all the time, the drives only 6 hours!

Seeing that you're out of state, are you planning on leaving all miantinence & handling of leases up to the PM, and be compeltely hands off? You mentioned you have family in the area who's helping with financing...Is he private money? Or is this a JV?

Post: Distressed SFR in Los Angeles County

Jared VidalesPosted
  • Scottsdale, AZ
  • Posts 509
  • Votes 134

Sent you a PM. 

Post: Newbies to BP from Scottsdale, AZ

Jared VidalesPosted
  • Scottsdale, AZ
  • Posts 509
  • Votes 134

Welcome! Im from California, and just moved out to scottsdale 2 years ago. 

PM me sometime so we can connect!

Post: New Member in Chandler, AZ (Phoenix)

Jared VidalesPosted
  • Scottsdale, AZ
  • Posts 509
  • Votes 134

welcome!

Post: Great income producing property (4plex) in Marysville, CA for Sale.

Jared VidalesPosted
  • Scottsdale, AZ
  • Posts 509
  • Votes 134

I used to play highschool baseball in Yuba city with the Stassi's 

Post: New member. Wanted to introduce myself

Jared VidalesPosted
  • Scottsdale, AZ
  • Posts 509
  • Votes 134
Originally posted by @Benjamin Riehle:

Hello All,

My name is Ben Riehle and am a new member to bigger pockets. I'm 25 years old and located in sunny Tucson, Arizona.
I did my first property at age 18 and since have been involved in 75 plus deals. I have worked in all aspects, from locating, to remodeling, to flipping and property managing. My education background is an undergraduate degree from the University of Arizona in accounting and a JD from UofA's College of Law.

I am a partner in a small scale brokerage catering to investors and nitch markets. Our management arm has around 300 properties under management in it's second year of business. On the real estate side we have 10 agents who primirally focus on flip and long term investment deals.

Along with the brokerage, I am a partner in a construction company I started in 2014. I started the company after realizing I was spending so much time babysitting GCs on investment projects that I could do a better job running them myself. Last year we did roughly $1.5 million in revenue, primarily from in-house remodel projects.

I have become a member at bigger pockets to gain more knowledge and connect with fellow real estate junkies. My goal is to create a vertically integrated, one stop investment option, that is scaleable in numerous markets across the country and I think that this site can help turn the dream into a reality.

I look forward to connect with many of you and finding ways to help each other grow in the business.

Best,

 Welcome Ben! You've got some great experience under your belt for 25! Im 25 as well, but im brand new to the Scottsdale Market, trying to network and lock in my first property. If you're ever in the valley, give me a call! I would love to pick your brain!

Post: Importance of LLC Name?

Jared VidalesPosted
  • Scottsdale, AZ
  • Posts 509
  • Votes 134

Mine is very generic and vague, as to not limit myself to any specific geography in case I wanted to begin doing out-of-state business. REAL ESTATE ACQUISITION GROUP, LLC

Post: Is door knocking a valuable use of time?

Jared VidalesPosted
  • Scottsdale, AZ
  • Posts 509
  • Votes 134
Originally posted by @Bill Gulley:

Well, other than selling candy bars as a kid, that was my first door knocking venture. While I can be rather bold (LOL) I was a ball of nerves knocking on the first few doors.

That's why I decided I needed a quick pitch, the goal was to get appointments not sell anything. In fact, I said that;

I pretty much said "Good morning/afternoon, my name is Bill G and I'm the Met agent here, I'm not selling anything but just meeting people in the neighborhood and letting them know that Met now has homeowner's and auto insurances for this area."  chit chat, "I know you have insurance, but I'd just like to see if we could save you some money with Met, when is the best time to contact you?" Many would ask if I could give them a quote then, as I mentioned I said no, that I didn't have my rating information and would need to measure the outside of the house, so just making appointments.

You spiel is a 20 to 30 second elevator pitch, if you're standing there 45 seconds later, ask if they have a minute; "I don't want to keep you, do you have a minute, or would it be better for me to come back another time?" I can assure you, most will say yes to that, even if they don't really want to talk, they'll do that then rather than have you back again, some will be like "let's get this over with now".......and that's fine.

Then give strokes, You have a nice home here, or if it needs a paint job, "it looks solid"! Just ask; would you consider selling? If they say no, that's not a bad thing....."well, most folks don't want to sell on the spot. Do you know of anyone thinking of selling a home? They might, if not, hand them your card and ask them if they ever consider selling or know of someone else, would you give me a call? (Sure, now get off my grass LOL) Move along and say next!

Even on a bad day, one in five will get you a decent lead, a sister or mom or someone they know is either looking for a home or is considering selling.

Know the area you'll be knocking in, get comps. Always carry your contracts in the car along with several ink pens. You can canvas about 10 homes an hour. You can get caught up when someone is thinking of selling, you can get a contract but you need to be good at valuations, I suggest you simply set another appointment.

This is a numbers game, the goal is getting an appointment with a prospect, either them or a referral, so if they say no, that's a good thing because you only have 4 more to go, then 3, then 2, then, chances are you have a bingo! If not, don't stop, in an hour you'll get a strike and just set the hook. Ask if you can give them a quick call in the future, that you'd like to keep in touch and ask for their number. Most will give it to you, especially if there is something in it for them. Call back and thank them for their time, then store the numbers.

Sorry for the length, but what you have done is that you got your face and business card in front of at least 10 people, sometimes more if the spouse is there (always include them if you can). Okay, most of your cards will go in the trash after you leave, but not all, someone will likely stick it on the fridge or keep it. You can meet 50 people in a day, I guarantee you, one in 50 will be buying or selling or renting or can influence another that is.

Put your contacts in a file, in a few months you'll be touching bases with 5 people a day, takes 20 or 30 minutes. All you do is remind them who and where you are and what you do.

The first door is the hardest, might suggest you begin in an area of older folks, they like to talk, chit chat, generally have time, and they can't hurt you.... LOL After you hit 4 houses those nerves will begin to go away, after 10, you'll feel the confidence of a Fuller Brush salesman.

Really, it is easy and you just have to do it!   :)

 Great post, thanks for sharing!

One I build my farm area, Im going to spend my time knocking on doors.

..I think objections will be the most challenging aspect for me.