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14 August 2016 | 1 reply
Hi everyone,For a new wholesaler who just wants to dive in the game and start making some offers aside from Craigslist, where can A new wholesaler start making some legitimate offers on properties.I've launched direct mail campaigns, and door hangers around the same area that I'm farming but I want to start making some offersI've thought about knocking on pre foreclosure doors.
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14 August 2016 | 4 replies
I don't mean to go against the grain of those who are selling that idea - all I can say is that it did not work for me.So.......... back to taking seminars, buying cassette tapes and books - I wanted to learn everything I could about investing in real estate ---- so--I had to get money, working capital, and I needed to go on the cheap - A friend told me about cheap properties you could buy in Baltimore - houses for only $2-3,000 and many of them could be found at public auctions.After borrowing some money and getting some credit cards and a new job - one in sales - I was ready - ready to invest in cheap- junk properties in the City.And wouldn't you know it - I got lucky at my first auction and purchased a cheap house that was boarded up - Because of all those expensive seminars I enrolled in I WAS READY - prepared with my pry-bar, flash light, level, marble and probe - I decided to go to this building that was being auctioned the next day - I sort of removed some plywood and crawled through a window to take a look -Boy was I surprised - this place looked great - I later found out that the estate boarded it to keep squatters out.The next day - I was ready with my deposit and waiting for the auctioneer to start his melodious hypnotic chant - 5 bidders appeared but did not bid because they could not get it - I was the only bidder and got the house real cheap.Today as an auctioneer, investor and developer of commercial properties - if someone would ask my opinion on how to get started I would suggest ---Continue to study but learn how to cut through the BSGet a credit line Learn 20 creative financing techniques - no money down systems (that is none of your own money)Hang with a few successful investors and pick - pick - pick their brain*** Look at 50 houses in the area you intend to invest (not expensive, blue collar, mixed rental and home owner neighborhoods)When you are finished looking at 50 properties - you will be armed with knowledge that most agents and other investors don't have - knowledge of values -Keep a journal, put listings in it, write down everything the agent or owner says, keep a record of the cost per square foot - this will help determine values -Have agents send you expired listings - go knock on the door or send a letter to ask if they are still accepting offers on the property - Remember an expired listed is a property that failed to sell - the seller should still be motivated to sell.
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16 August 2016 | 5 replies
I would recommend knocking out all the paperwork Because each bank and underwriter are different, you want to get all these little annoying things out of the way upfront.
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19 August 2016 | 8 replies
Door knocking is good too ( time consuming i recommend doing this with properties you really want and know could be a gold mine).
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20 July 2019 | 7 replies
Knock on the door and see who answers.
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9 February 2021 | 3 replies
Are you calling, texting, mailing, door knocking, etc.?
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25 August 2016 | 6 replies
Cold calling remains free, as does networking, door-knocking (ugly houses, foreclosures), Craigslist, SEO and helping other investors.
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10 September 2016 | 89 replies
The Rust Belt is knocking off the rust.
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26 August 2016 | 20 replies
If that's the best use of your time, knock yourself out.
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25 August 2016 | 2 replies
NOw on Craigs list you have scammer after scammer.. so I suspect some amount of phone qualifying would be in order.When one is in the sales business.. what is one's time worth.. your time is to sell. if that involves a drive well that's your choice.but basically its Qualify present and close.. has been that way for hundreds of years.when I used buy homes like this we targeted what we wanted and we door knocked simple as that the only time we went to mail or phone is if they lived in another state..