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All Forum Posts by: Tony Marcelle

Tony Marcelle has started 182 posts and replied 576 times.

Post: How and where do you locate for sale by owner signs?

Tony MarcellePosted
  • Bessemer, AL
  • Posts 581
  • Votes 32

Is this the better way to find for sale by owner homes as opposed to finding them on the internet? If you are doing this locally, where do you start to look for these random for sale by owner signs in the front yard? These are not listed homes I am referring to either. There are plenty of for sale by owner homes on the internet. The ones with a sign in the yard seems more legit and not being sold by some investor pretending to be the real homeowner.

Originally posted by @Eric Harnden:

@Tony Marcelle I recently have done a lot of study in the area of self-improvement and what it takes to really make it. You’ll hear over and over on the BiggerPockets podcast the common truths about this. As a part of the 90-day intention journal, you can really see this in action too. Pick one thing and just go for it. Whatever it is, isn’t really that important. You can decide later, if it’s what you want to continue with. But narrow your focus and be intentional and just go for it full on. Work on it everyday and just keep going. That’s it man.

I appreciate that. I remember one of my biggest fears was doing a cold call on a motivated seller lead. I was nervous and did not want to go through with it until I tested it out as a way to break out of my comfort zone. It was not bad, but I would not say it was not awkward either. As for the door knocking thing, that will be a challenge but could possibly be done if I know exactly what to say before approaching people in person. 

Originally posted by @Danielle Boyd:

Tony Marcelle Some Real Estate brokerages hire front desk like Keller Williams, and some Realtors are so busy they need an assiatant to do little tasks that they don't necessairly need to be doing. Call around, I'm sure they would be willing to train you. 




Thanks. 
Originally posted by @Eric Harnden:

Dude! You have 527 posts. To be straight-up honest with you, and this is not an attack on you, your replies to people's suggestions here all sound like you want an easy way out. Have you taken the DISC assessment?

I mean it sounds like you are either a high "C" like me, needing everything spelled out step by step before you can make a move (in which case, you need to step out of your comfort zone) or you're just pulling everyone's leg and you're just trying to pad your post stats. (or Trolling?)

I am not looking for the easy way out. I am working on getting out of my comfort zone. That part I cannot lie about because it is true. That is just how I am. I am like some people who get in that comfort zone and get stuck. I want to break free from that. No I am not trying to pull one over on anybody.

Originally posted by @Danielle Boyd:

Call brokers and ask if they’re hiring for front desk or assistants. You will learn a lot that way. 

This could work even if I have no work experience?

Originally posted by @Doug Pretorius:
Originally posted by @Tony Marcelle:

When I'm expanding into a new market for cash wholesaling I reach out to every landlord with an ad on craigslist, zillow, kijiji etc. and build up a network. This combines buyer and seller sourcing into one. When one of them raises their hand that they want to sell something, or more likely, their entire portfolio. I already have a massive list to email the deal(s) to.

I also email FSBOs every day and door knock (local) or mail (remote) MLS listed homes looking for sub2/lease option deals. Some of these people inevitably want to sell for cash and are willing to do so at a price that makes sense.

Networking with fellow investors takes a long sustained effort to see results though. So if you want to close a deal in the next 30 days I would door knock every MLS listing in the area until I found someone who needs their payments to go away.

How does the door knocking strategy work? What do you say to these people in person? What prompted you to go that route? You are a complete stranger knocking on these people's doors. How did they react to a stranger knocking on their door looking to buy their house?

Originally posted by @Doug Pretorius:
Originally posted by @Tony Marcelle:

Don't do what everyone else is doing. Direct mail has way too much competition for someone just starting out.

What do you suggest I do to reach out to these "potential" sellers? Who should I target that no other investor is targeting for motivated sellers? Every single lead I can think of is already being targeted by other investors.

Originally posted by @Doug Pretorius:

@Tony Marcelle If you want to become an investor, start with that. Don't get distracted by jobs that are only vaguely related.

You said you're having a hard time with wholesaling. How many sellers have you spoken to today? How many offers have you made this week? I recommend you speak to 100 sellers a day if you want to close a deal or more a month.

I have been doing direct mail for some time now sending hundreds and hundreds of direct mail with zero interest in my offer to buy their homes.

Originally posted by @Greg Parker:

Property manager.  

I was looking at the job descriptions for property manager and it was a full page long.

Originally posted by @Charlie Cameron:

@Tony Marcelle as an agent you can transition over on your own schedule.  The more hustle you have, the faster you could transition.  The key is having access to training and tools to give you the flexibility to make the transition.  

But hey, for under you could take the course ($200) online and get licensed.  Then find a brokerage that works for you and start transitioning!  

How hard is it to pass the test to get licensed? How long does it take to complete the course?