Looking for Properties to Buy? Pick a Market with Low Prices and Dig in!

In this episode, Jeff opines about an article in Forbes that
talks about five clever side hustles for 2020. Two of the five
hustles are investing deals, and the second-best side hustle is
being a rehabber. It also has a forecast for clearer selling and
good profitability for the next several years. In regards to
their business, he talks about the tremendous response they are
having with Facebook advertising for acquiring homes; good
markets with lots of baby boomers wanting to get out of their
houses.


He talks about doing the opening calls and closing calls oneself,
switching from VA calls to acquisitionist calls, and the benefits
of having a real estate license and MLS access. Discussion covers
the best markets with low priced houses to start doing business
and remote marketing, mobile home park deals, and lots and infill
lots. Learn how to handle opening calls when talking to sellers,
a possible good deal and filling out contracts, video walkthrough
with the seller when making a remote virtual purchase and signing
up before figuring out an exit strategy. What is the best way to
get a seller out of the house in order to obtain a hot deal? He
covers signing a contract before finding the exit strategy in
seller financing and subject to.


Finally, he talks about starting this business only with calls,
organic method, and Facebook marketing for finding sellers. They
cover their national Facebook campaign and market testing, the
best place to pick up leads and a bit more about the organic
method, and another possible good deal with upfront agreements
with an owner in foreclosure and dealing with the loan.


Mentioned Resources:


Forbes article

Craigslist

Mojo

Zillow



In this episode we covered:


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

00:00:50 – About Forbes article, “5 Clever Side Hustles” and
business update

00:05:53 – Doing the opening calls and closing calls, and
switching from VA calls to acquisitionist calls

00:09:36 – Benefits in having a real estate license and MLS
access

00:10:10 – Best markets with low priced houses to start doing
business and remote marketing

00:20:03 – Mobile home park deals; lots and infill lots

00:22:42 – Opening calls when talking to sellers

00:30:25 – Heading for a meeting to have a possible good deal
and filling out contracts

00:40:11 – Video walkthrough with the seller when making a
remote virtual purchase and signing up before figuring out an
exit strategy

00:42:05 – The best way to get a seller out of the house to
obtain a hot deal and seller lease-backs

00:46:39 – Signing a contract before finding the exit
strategy in seller financing and subject to

00:50:17 – Starting off with calls, organic method, and
Facebook marketing for finding sellers

00:55:34 – National Facebook campaign and market testing

00:57:10 – Starting off with calls, the best place to pick up
leads, and organic method

01:03:14 – A possible good deal; upfront agreements with
owners in foreclosure and dealing with the loan

01:12:49 – 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.


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Thank you for listening!