Episode 140
Finding Deals - Leveraging People #140
We continue our series on the best ways to find deals and we chat about:
Wholesalers - Run your numbers and forget about the $ amount being asked. If the numbers work for you it's a good deal. Take advantage and move forward with the project.
Wholesalers - Run your numbers and forget about the $ amount being asked. If the numbers work for you it's a good deal. Take advantage and move forward with the project.
Joint Venture - This is a great way to get your feet wet and learn the process. Partnering with another person that complements your strengths or has experience is a great way to learn while hopefully making a profit.
Bandit Signs - Same as DIY method just on larger scale and you put minimal time in by hiring someone to put out the signs.
Yellow Letters - There are many services that will provide the list and mail it on your behalf.
Cold Calling - They work lists and generate warm leads, then you or a Acquisition Manager, can go on appointments and lock up deals.
Take stock of what resources you have available to you. Do you work full-time, do you have cash saved up. Can you hire people? Do you have the discipline to execute the strategy you think will work?
Our Advice: Pick one or two and commit! Spread too thin and you will most likely do none of it well.
Take stock of what resources you have available to you. Do you work full-time, do you have cash saved up. Can you hire people? Do you have the discipline to execute the strategy you think will work?
Our Advice: Pick one or two and commit! Spread too thin and you will most likely do none of it well.
As you can already tell we have made some changes and a few more are on the way. If you are interested in what we have planned, head over to
- Website
- Join the REI Mastermind Network on Locals!
- Apple Podcasts
- Google Podcasts
- YouTube
- Spotify
- Stitcher
- Deezer
SUPPORT THE SHOW!
- Self Managing Your Rental Properties? Get 6 months of RentRedi for $1! Click this link!
- If you are new to Wealthfront, and open a Cash Account, you'll get a 0.50% APY boost for 3 months.
- Open an Automated Index Investing Account or Automated Bond Portfolio, you'll earn $5,000 managed for free.
- Get $10 and Reduce Your Business Costs by Shopping at AppSumo • https://bit.ly/reiappsumo
- Get $10 Towards Your First Purchase at Drop • https://drop.com/?referer=3DC729
"You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - Jack