All Forum Posts by: Victor Zelada

what should be the mathmatic formula we should be using here in the state of wisconsin ? 

Is it .5 

Is it .6

Is it .7

I am trying to use the formula...

Arv x _ - repairs - assign = MAO

Is there a different type of formula to use here in wisconsin ? 

Is this the typical one to use ? 

So i have been cold calling lately and building rapport with people on the phone towards the end of the calls everything seems like its going great. I usually talk to a seller for about 15 to 20 mintues,  And i do my very best to help the seller.  

Now i tell the seller at the end of my calls " with all the info i got i just need to crunch some numbers and give a good offer. I want to male sure its a great offer and not one that insults you" 

Next thing i know i give the seller an offer they reject it. 

So my point being :

How can i get better at negociating with the seller. 

Any questions i should be asking ? 

How should i be talking to the seller when im on the phone ? 

Is there a script i can use ? 

I am new to whole sale and i. Targeting homeowners in my area but i was told to try targeting pre foreclosures homes, am i targeting the wrong homes ? 

if i pull my own comps where would be the best place to pull them from i hear zillow or realtor isnt really accurate ? 

Aaron K. I do appreciate the feed back , how can i talk to a realtor to try and partner up with me ? Alot of realtors that i talk to either never heard of whole sales or feel its shady ? How can i approach them 

so im brand new to whole sale (real estate investing) all i have been doing is watching youtube videos and learning from sean terry , max maxwell , mark whitten. Etc... But i am searching on how i can get started with the market around my area which is kenosha wisconsin and there arent many people doing whole sales around my area. Can anyone here help me get started by letting me know how i can get started with 

how to know my market better ? How to speak with realtors and get comps ? And how can i use the MLS ? What is the ARV ? what would be the MAO ? how to negotiate and close ?

Or should i just shoot for a real estate liscense and would they teach me everything i need to know ?