Live Q&A - College Degree for Real Estate, How to Make Offers on Wholesaler Deals, Hiring Your Team, and How to Vet a Deal
Welcome to this version of the Just Start Real Estate Podcast! I am excited to bring you another replay of my Facebook Live Question and Answer sessions. I just started doing these live forums in April and they are going so well and I am getting such great feedback and questions, I thought I would share them here on the podcast. Especially for those people that are unable to join us live, this will provide an opportunity to hear the awesome questions I am fielding about business, taking risks, real estate, and so much more! Some of the questions have been very real estate specific, but others have been general business questions, like asking about overcoming fear in order to get started and how to successfully scale. I have also received more personal questions like how I decided real estate investing was right for me and the steps I took to get my business off the ground.
This presentation is the live Q&A that I did the week of December 8th and each Thursday we will offer you another chance to take advantage of listening to the answers to our guests’ fabulous and compelling questions! Don’t miss this new episode of the Just Start Real Estate Podcast!
Notable Quotes:
“With postcards, the message matters less than the timing.”
“You should send postcards to the same recipients every 30 to 60 days, maximum so that you hit people when they are having a life moment which causes them to have to sell their house.”
“It is actually kind of hard to lose money on a flip unless you don’t do your due diligence and ignore red flags.”
“A house that is not on a main road makes can make a really good flip.”
“For a flip, you don’t want a house that looks completely different than all the other houses in the neighborhood.”
“The best way to build your buyers list is by getting to know the players in your market.”
“I blew up my buyer’s list by using ListSource.”
“You want to send potential buyers letters rather than postcards because you want to represent yourself as a legitimate business.”
“Using direct mail gives you the highest probability of early success in marketing.”
“Direct mail marketing is responsible for the vast majority of deals most successful real estate investors secure.”
“I always want to know what my call to lead ratio is. How many calls does it take for me to get a lead?”
Links:
Level Jumping: How I Grew My Business to Over $1 Million in Profits in 12 Months
