All Forum Posts by: Mercedez H.

@Mercedez H. You need to be aware of cold calling and the Federal Do-Not-Call requirements. Due to the number of spam call we all get, it's obvious the government isn't enforcing it well. But remember why the laws were passed in the first place. People don't want to get sales calls at home.

A better bet might be to do some mailing.

If you want to focus on listings, you could target Seniors with Long-Time Ownership (ready to downsize or transition to assistance) or Homeowners with Low Financial Stability Scores. If you do the leg-work, one of the other brokers might pitch in to help with the cost.

If you want to be a buyer's agent, consider partnering with a mortgage broker to run some first-time home buyer seminars (or meetups). For this, mail to renters, age 30-55 with an income appropriate for your area.

A list broker can help you to refine the criteria.

Those are some excellent ideas, thank you so much! I will definitely take those laws into consideration. I will start looking for mortgage brokers to connect with

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Originally posted by @Rudy Vazquez:

@Mercedez H. Realtor from Los Angeles, CA

Mercedez, the best thing for you to do, since financing is tight. You can find buyers, sellers, and Investors thru Open Houses.....PERIOD, do them the days you are not working as a substitute. Reach-out thru your broker, or office Manager and ask to help out or inquire about Open Houses.

As for liens, etc. You can find out info thru Title Co. they can provide that to you.

Anyhow, Hope this helps. Good Luck!

-Rudy Vazquez

Thank you so much!! I really appreciate your advice!

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Originally posted by @Matt K.:

Originally posted by @Mercedez H.:

@Melanie Hartmann

I’m new to RE what exactly is wholesailing ?

you find people that are "motivated" to sale at below market prices, you lock up the house, then sell it for more to someone else.

The catch is...it's time consuming and can be difficult to get people to sell you their house cheap. Then you have to find people who want to buy the house you just got under contract for more than you paid for it...

Thank you for explaining this to me, so in your opinion is it worth the hassle? Do people have success doing it?

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@Melanie Hartmann I’m new to RE what exactly is wholesailing ?

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Thank you so much Mr. Wong, your advice is very appreciated and I will definitely take it!

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Hello,

Ive had my RE license for a year and haven’t used it yet but will be working with Keller Williams as they offer great classes and marketing strategies. I want to work with them for a year then get my brokers license so I can keep all the money I make. I was wondering, does door knocking really work and is there some type of company that sales names and numbers of home owners for me to cold call? Thanks in advance

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hello,

I am new to Real Estate and wanted to know how do people find billboard properties, and what are the best ways to find vacant lots ( and what to look for when buying) I was thinking of putting mobile homes on a vacant lot ( any thoughts?) I would also like to own a billboard property and was wondering how to go about that it would I just buy land and look for bilboreda to put up my self? And is being an agent for a commercial property a good way to make money and how do people find those listings? It’s all confusing and I don’t know where to start and google isn’t no help.

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Hello,

I am new to Real Estate ( although I've had my license for a year). I am in the process of filing bankruptcy and I substitute three days a week. I want to know what is the best way to use the money I make working for a broker to become a real estate investor? I want financial freedom and I live in Los Angeles. I would like to own property here and in Northern California, as well as some out of state properties. Getting into RE as an agent is very intimidating, let alone becoming a REI, so what is the best way to find buyers, sellers, and investors in this economy? What is the best way to find foreclosure, tax lien, and short sale auctions ( full and accurate listings) as I figured it would be more affordable utilizing those listings? Thanks for the help , it's greatly appreciated.

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All Forum Posts by: Mercedez H.

Mercedez H. has started 3 posts and replied 9 times.

Post: Is it safe to invest in Detroit???

Post: Is door knocking worth it, how to buy name and numbers to call?

Post: New realtor in California ( Los Angeles)

Post: Quit My Job and Plan to Wholesale

Post: Quit My Job and Plan to Wholesale

Post: Is door knocking worth it, how to buy name and numbers to call?

Post: Is door knocking worth it, how to buy name and numbers to call?

Post: FInding vacant lots, commercial and billboard properties

Post: New realtor in California ( Los Angeles)