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All Forum Posts by: Sammy DeStefano

Sammy DeStefano has started 1 posts and replied 5 times.

Are you local to NC or do you predominately live in FL?

Post: Seeking RDU Investment Partner(s) & Guidance

Sammy DeStefanoPosted
  • Realtor
  • Scottsdale, AZ
  • Posts 5
  • Votes 13

@Chris 

@Chris Kendrick My honest answer is because... at one point, you were new and someone helped you. I learned awhile ago that working with others makes me WAY more money than trying to reinvent the wheel in the basement. The second part to that answer is Abundance. When you have made enough money and come from a place of abundance because money doesn't hold as much power over you as it once did, money and opportunity seems to fall into your lap. We call these people 'Rainmakers' in my industry and I'm proud to give back and help the new, passionate, eager guy to the community.

All love brother - just answering your question. I held the some belief as you when I first began.

Post: Forestville NC VS Garner NC

Sammy DeStefanoPosted
  • Realtor
  • Scottsdale, AZ
  • Posts 5
  • Votes 13

@Vaidehi Sapre

Garner, NC is your way to go between those two options. The reason this my opinion is the 540 Hwy project that was approved by the state. 

For those new to Raleigh, NC - there are two main highways that create a tight circle around the city of Raleigh.... the first is referred to as the 'inner beltline or the 440 Hwy' and the large ring that goes around the city is referred to as the 'outer beltline or the 540 Hwy'. However the 540 Hwy is incomplete at the moment. It looks like an upside down nose ring with the 'Southern Raleigh' area of Garner, Clayton and Fuquay Varina not complete. The project was recently approved and is racing towards completion with an estimated completion of 2026. I am extremely bullish towards this area.

If you were to reverse search real estate transactions from years past, you will see that everywhere the 540 Hwy is built, equity is injected into properties within weeks/months afterwards due to the increase of population, foot traffic and commercial business entry. Cary, Durham, Wake Forest - every town near the highway since they began.

Post: Staring out wholesale

Sammy DeStefanoPosted
  • Realtor
  • Scottsdale, AZ
  • Posts 5
  • Votes 13

@Eric Croteau I use prop stream as well. This last week I called for 2 hours and found 4 wholesale deals that I set appts for this week. 

I spent 6 years in car sales working for BMW in Phoenix, Arizona which got me accustomed to not only sales but more importantly rain making and prospecting. Initially I got into real estate because I had reached my ceiling at my BMW dealership as a business development center caller, sales guy, and ultimately a finance director. I sold many cars to Realtors however 99% made less than $100k annually and I was well past that in car sales however, I met a top producer after almost 5 years who made $800k + only selling residential real estate and wrote a check for a BMW 750Li. That made me question what I thought about agents - when I asked him what the difference was between him and the 100 other agents I sold BMW's to over the years, he replied "Most agents are lazy and reactive and that he was proactive and found his own business." Later I found out that he was a Mike Ferry agent, a training company that preaches old school 'phone prospecting and door knocking' to find business.

I left the dealership and began getting my license. Joined Mike Ferry Premier coaching within 90 days and was off to the races. My first year, I sold 30 homes (all expired and canceled listings that I called), my second year, I sold 35 homes from January to June with a goal of 60 homes sold for the year however, moved to Raleigh, NC in August and began Post Licensing here. The rest is history... I am proactive and find my own business, calling and door knocking, and there is more than enough business out there. My main income has been from residential real estate (mostly listings) and I have saved a large portion to begin investing. My strength is prospecting (5+ hours a day) and my weakness (for now) is investing and knowing which are deals and getting over the fear of committing to jumping in.

If your strength matches my weakness and vise versa, message me and lets put some business together.