How Much Are You Willing to Spend to Get Your First Deal?

There are many ways to do real estate business and become a
successful transactional engineer. Join the call and hear how
Blair and Jeff structure a couple of their deals, live!


In this episode, Blair and Jeff talk about different deal
structuring and lead generating topics. Touch on where to get
leads, how to set a budget before starting with Facebook ads,
FSBO leads that Ron’s system sends and what would the cost per
lead could be according to different markets.


Thinking about delegating and scaling? Thinking about hiring a
VA? Hear what they have to say about setting VA priorities, their
marketing process, and all the things you must consider before
getting started with marketing.


How would you deal with an ugly house, a flip with owner
financing, or find out about mortgage balances? Learn when you
join this episode.


Finally, Blair and Jeff give a couple of strikes for recognizing
when a situation is not a deal and a perfect description of how a
video walkthrough works.


Mentioned Resources:


Apowersoft Screen Recorder

Zillow

Craigslist

Mojo

MyPlusLeads

PayPal

Venmo

RealtyTrac

CoreLogic

Ron LeGrand

Bill Bronchick, attorney



In this episode we covered:


00:00:38 – Start-up and welcome to the call

00:01:49 – Blair and Jeff present two of their deals and how
a video walkthrough works

00:14:55 – Handling an ugly house deal

00:21:07 – Where to source property leads

00:24:17 – Setting a budget when starting with Facebook leads

00:30:48 – Time and money doing repairs before marketing

00:38:39 – Dealing with people who don’t want to do paperwork
over the phone

00:43:55 – A flip and doing owner financing

00:48:51 – 10-dollar consideration when doing business out of
town

00:51:20 – Setting priorities for a VA

00:56:54 – FSBO leads that Ron’s system sends out

00:58:05 – Three strikes for a situation that is not a deal

01:06:11 – Finding out the mortgage balance

01:10:00 – Legal instruments to transfer title of a property.
Warranty deed vs. quitclaim deed

01:14:58 – Cost per lead according to different markets and
generating leads

01:24:06 – Doing due diligence before closing a deal

01:30:44 – Setting up the marketing process and training
steps

01:34:43 – Wrap-up



About Blair:


Blair is the founder and creator of Dealbot, a motivated seller
lead generation company. He has managed nearly $2mm in marketing
spend and generated over 100,000 motivated seller leads. He also
buys and sells houses himself in the Winston-Salem and Charlotte,
NC markets. In the past year, he has acquired nearly $3mm in cash
flowing rental properties with zero money out of his pocket.


Multimedia:


Youtube

Apple Podcasts

Google Play

Facebook

Thank you for listening!