Do online postings.
Eventually, unless ur goon do 1zee2zee type of thing, you will want to build a team: acquisition manager who could also be a listing agent and a marketing manager. Could have 2 guys in office that deal w/all leads that come in. Find out what they want.
Marketing Machine–Good lead… go shake their hand, get to know them and see if put a deal together.
Postcards: Every door direct mail system from post office. Oversized postcard .14 to send.
- Shock factor i.e …
Looks for smallest house in nicest neighborhood, knock it down n’ build aa big house.
Find contractors through referrals by talking to the big rehab contractors
Money from wholesale, flips… then private$, then hard$
Private$- don’t have to make monthly payment, but pay them good interest and points
Gotta have money in order to do any kind of volume in r.e.
Wholesale to property manager.
Uses every door postcards and hand written letters to selected areas. Buys up everything they can renovate and build, and when reach max capacity, they wholesale.
If buyer asks if we have something, and we don’t have anything, we tell them that we’ll get them something. Get a handful of buyers (of different types)….about 5 total. A good way to find buyers is to find the major rehabbers and network w/them, they will be happy.
Don’t have to be afraid of not being transparent. If you are co-wholesaling and the buyer, be honest, do business w/people you like, tell them how much ur making on the spread. If buyer goes behind your back, axe him off ur list. Why would anyone go behind ur back if you’re feeding him multiple deals, just to ruin that w/1 deal? Not going to happen.
Partner w/a rehabber if you don’t wanna wholesale the property to him, most will be glad to let you shadow them and learn the biz. Then go on to do your own rehabs.
Success–Momentum: Start marketing, keep marketing. Start ____ keep ____.