So, I’m driving around St. Louis, and I want to tell you what we’re doing…
In the past 4 months, we’ve made 21 deals and grossed about $100,000. Some deals made only $300. You’ve had those, right? Sometimes we see this coming, but generally don’t renegotiate.
My business partner, Gavin, is involved. He started in real estate with no money and got going by asking other real estate investors if he could work their old leads and split the profits. Good idea, right?
We’re working now in very small markets in Alabama and Mississippi. Our marketing spend is a low $500.
We’re using automated wholesaling and have a wholesale marketer, who is one of my students, on the ground. A VA is assisting us with Mojo calling and uploading leads to Podio. Our entire market is just 3 ZIP codes.
And here’s what‘s I want you to remember: It usually takes 4 contacts and about 3 months to come to an agreement with these sellers. FOLLOW UP gets the deal.
Listen and learn…
- Why Joe’s company has been wholesaling in small markets
- How his company has grossed $100,00 in the past 4 months
- Low touch/high tech
- Follow up, follow up, follow up
Mentioned in this episode:
- Joe’s podcast on iTunes: Real Estate Investing Mastery Podcast
- Podcast Hotline: 636.255.8815
- Text ‘flip’ to 313131 to get Joe’s free Mindmap
- Mojo Sells
- Call Tools
What are you thinking?
First off, we really love feedback, so please click here to give us a quick review in iTunes! Got any thoughts on this episode? We’d love to hear ’em too. Talk to us in the comments below.
Enjoy this podcast? Share the love!