All Forum Posts by: Kabbie Konteh

Hi experts and wholesalers in WA State.

I have been fix and flipping in Seattle, WA for about 1.5 years and have been getting my deals from realtors and wholesaler. However, this strategy has been very inconsistent. I'm getting 1 deal every 4 months. So, I have tried do my own marketing and have tried PPL (pay per lead), Facebook ads, cold calling and direct mail. I feel like I am just throwing my money at the wall and hoping it sticks. I'm tired of feeling like I am throwing money away.

So, I am thinking about just sticking to 1 marketing method such as direct mail and live and die by the results of direct mail. But, I keep hearing from people on Facebook that direct mail is too expensive and a waste of money.

What do you guys think? What are your best channels for marketing for off market deals in a saturated and difficult market?

Any advice will be greatly appreciated.

Hi experts and wholesalers in WA State.

I have been fix and flipping in Seattle, WA for about 1.5 years and have been getting my deals from realtors and wholesaler. However, this strategy has been very inconsistent. I'm getting 1 deal every 4 months. So, I have tried do my own marketing and have tried PPL (pay per lead), Facebook ads, cold calling and direct mail. I feel like I am just throwing my money at the wall and hoping it sticks. I'm tired of feeling like I am throwing money away. 

So, I am thinking about just sticking to 1 marketing method such as direct mail and live and die by the results of direct mail. But, I keep hearing from people on Facebook that direct mail is too expensive and a waste of money. 

What do you guys think? What are your best channels for marketing for off market deals in a saturated and difficult market? 

Any advice will be greatly appreciated. 

Hi experts and wholesalers in WA State.

I have been fix and flipping in Seattle, WA for about 1.5 years and have been getting my deals from realtors and wholesaler. However, this strategy has been very inconsistent. I'm getting 1 deal every 4 months. So, I have tried do my own marketing and have tried PPL (pay per lead), Facebook ads, cold calling and direct mail. I feel like I am just throwing my money at the wall and hoping it sticks. I'm tired of feeling like I am throwing money away. 

So, I am thinking about just sticking to 1 marketing method such as direct mail and live and die by the results of direct mail. But, I keep hearing from people on Facebook that direct mail is too expensive and a waste of money. 

What do you guys think? What are your best channels for marketing for off market deals in a saturated and difficult market? 

Any advice will be greatly appreciated. 

@Steven Howell How can I trust what you say when you just opened up an account today and your first post was to just simply rave about Blair's system? This is very suspicious. Do you have anything to backup your statement? 

If I don't hear from you I am going to assume you don't. 

Thanks for chiming in though. 

@Joe S. lol...yeah, it won't financially drain me at all. There's always a price for education, either time or money, sometimes both. I am willing to pay for the education if the program provides a great foundation to build on and gets me doing deals sooner. 

I want wholesaling to be my fallback tool in my REI arsenal. Once I get the wholesaling part of the business off the ground and automated, then I will venture to step 2 and then step 3.

So, step 1 is really finding a way to get wholesaling business established and automated through a system that can be replicated. 

Actually, that should be my next post. Thank you for the help:-)

@Joe S. yeah, I've tried wholesaling for 2 months and not really my cup of tea. I have quickly found out it's a lot of work. Hence, why I am trying to find a system to simplify the process:-)

I practice immigration, criminal, and some personal injury law - car accidents. I am used to clients coming to me not me chasing them. I haven't advertised for the last 10 years. I guess I have been spoiled. 

My wife and I have amassed a substantial amount of savings and we want to invest in something but the stock market doesn't interest us. It's enough $ for me to take 2 years off and transition into real estate but it's not enough to buy another house in WA State where average house prices are over $600K. 

So, I want to use the money to transition into REI and gain passive income without squandering all our money. That's my dilemma.

I don't want to spend money needlessly on marketing, then get sellers coming in and don't know what to do once I talk to a seller. I did that already and leads came in but when they came in I didn't know what to do with them. 

I am not a shoot from the hip type of guy. I like to know what I am doing before doing it or like having someone whose been there already guide me so I am not running in circles. 

Any suggestions? 

@Joe S.thanks for responding. Yes, that’s is pretty broad. This is my game plan: 

1) start by wholesaling as low barrier to entry and will get my feet wet into REI. Specifically, virtually wholesale because Seattle, WA market not a good state to wholesale;

2) After building capital, get some multi-family homes and cash out refinance abd collect rent - hopefully rent will be enough to cover my living cost; 

3) then progress into owning apartment complexes and own about 20-30 doors.

I’m thinking of using wholesaling as my foundation to get into all these other areas. So, even in bad economy I’ll still be able to wholesale to make quick cash. 

What do think? Good or bad strategy? Any suggestions? 

@Account Closed great advice. Thank you for the time. I really needed a sounding voice. I will commit to learning the basic theories until I figure out exactly what I want to do in real estate. 

Is there a particular area of real estate I should start in that will give me a good foundation/lay of the land so to speak? 

@Account Closed by the way, in the law, we pay for these systems too. Some people pay for them and others learn it through trial and error. The ones that learn through trial and error usually end up with malpractice lawsuits, suspended, and/or disbarred.

I’m trying to speed up my education while avoiding the many drawbacks of trial and error.

Any suggestions? 

@Account Closed thank you for the reply. You are absolutely correct about replies. I’ve seen them all over BP. That’s why I’m giving them any weight.

However, I am looking for a system that I can follow. There is just too much information out there and it’ll take too much time to weed through as I want to fast track my knowledge and get up abd running with as little mistakes as possible.

Even in the law, we have legal guides, desk books, and cheat sheets that lawyers and judges use to quickly get up to speed in any area of law so we can get up and running and feel confident to represent clients. It’s impossible for any lawyer to jump into a new area of law and start practicing without these systems. It would be malpractice to do so:-) 

So, I was looking for a similar thing in real estate but I’m starting to realize that real estate is not as structured as the law. Am I wrong?