Live Q&A - Mastering Direct Mail and Buying Above Median Home Value
Highlights From The Show:
Welcome to this version of the Just Start Real Estate Podcast! I am excited to bring you another replay of my Live Question and Answer sessions. 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!
This presentation is the live Q&A that I did the week of December 7th 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:
“Leads are oxygen. Your company cannot survive without leads.”
“What is a healthy return in the Midwest is very different from a healthy return in California.”
“In my opinion, if you are going to do rentals, you need to be in double-digit returns.”
“If you are not at 10% ROI, I think there are potentially better things you can do with your money.”
“Sometimes the first-time homeowners are challenging to deal with because they have never been through the process before.”
“I like to see new investors send out 3,000 to 5,000 direct mail pieces per month.”
“How do you get 2 to 3 deals per month? That is 100% a math problem.”
“You need to get your first few deals and see how many mailers it took, and then amp it up.”
“As investors, we are buying distressed properties from distressed homeowners.”
“It is typically one contract per three appointments, and it usually takes us twenty leads to get one appointment.”
“We build a Facebook page with owner-financed buyers.”
Thank You for Listening!
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More Resources From Mike:
- Level Jumping: How I Grew My Business to Over $1 Million in Profits in 12 Months
- WINNING DIRECT MAIL - How to CRUSH IT with direct mail!
- 7 Figure Investor Video Course - Scale your business to 7 figures. I'll show you how!
