All Forum Posts by: Patricia Joseph

Hey all,

I recently ran a test FB ad to see if I could get leads for sellers looking to sell their rental properties. Surprisingly, I did get some leads, but not sure what type of info I should send them. The service I subscribe to sends the partial lead info to Cole and returns full contact info if available. So, for a few of them I do have the owner's full contact info. Do I send a CMA, or is there something else of value I should send? Thanks!

@Jake Thomas I really appreciate you giving us a snapshot in how you managed to succeed starting as a part-time agent. How do you find the people who are already advertising they will pay a buyers agent 3%? Are you prospecting FSBOs? I would love to help working professionals who want to invest, but don't have the time to look for properties. A few of my co-workers fit this category, but I'm not sure how I would go about finding others.

@Jordan Decuir right now, I'm working with buyers, who are my co-workers. Really easy to work with this niche because the trust relationship has already been established. To me, it's much harder trying to convince strangers to trust you with one of their biggest financial investments.

@Jake Thomas do you mind sharing some of your strategies that helped you as a part-time agent? I struggle with time blocking & lead generation (cold-calling).

@Anthony Dooley such good advice, and exactly the path I'm trying to take as an agent.

Thanks @Will Barnard for taking time to explain the benefits to having a RE license. I can definitely see the benefit in #1 when buying investment property.

@Bob Okenwa @Christopher Giannino - thanks for the info!

@Bob Okenwa - if I understand correctly I would have to be licensed in that state in order to represent myself as the buyers agent, when I'm buying my own investment property. Is that correct?

Hey BPers!

I'm a fairly new RE agent (almost 1 year) and also new to REI. I hope you can help me in my understanding. I've read other BP posts on the advantages of having a RE license in buying investment properties. But, I don't understand how the license is an advantage if you're buying properties outside of your licensed state. Or, is it? Can anyone explain further? Thanks

@Dan MacDonald - my brokerage team lead told me he got good results from using . I haven't used them, but have checked out their website and like their product offerings.

@Jordan Decuir - being a part-time agent, while working full-time is definitely doable. I have a full-time federal government job and work as a part-time agent. In fact, one of my co-workers is closing on a sale at the end of June. Your coworkers are a great source for getting business because they already know and trust you; hopefully! LOL

Time management is key, though. I use my lunch hours, evening and weekend hours to complete my RE tasks. It can seem overwhelming at times, but if you have systems in place, you can do it. I use Wunderlist to create all of my to-do lists. I like that it sends me email reminders and I can access on the web and mobile.

@Jeff Copeland - great information for a new agent! What's the best way to find buy and hold investors? Initially, I didn't think I would be able to work with investors since I have a full-time job and knowing that some investors like to submit a whole lot of offers. But, I definitely would have time to send hotsheets from the MLS to investors, who are interested.