There are many ways to start a real estate business, but let’s start by what is less risky. Aim small, and miss small! Look for what is reasonable or cheap like starter homes or mid-market homes in b and c neighborhoods. If your local market doesn’t have these homes, you could always start working remotely in other states. Once you have a contract, it is just a question of having somebody talk to the seller. You could have a home inspector, handy men, contractor, real estate agent, another investor, or a kid with a camera for only 50 bucks do it for you.
Jot down: Look for low price houses locally, then in other states. Do a lot of research on the best market!
Listen to the full episode:
Looking for Properties to Buy? Pick a Market with Low Prices and Dig in!
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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 ๐ต, 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. ๐ก
He talks about doing the opening calls and closing calls ๐ oneself, switching from VA calls to acquisitionist calls, and the benefits of having a real estate license and MLS access.
✅Learn about the best markets ๐ 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.
๐ฅ 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.
#RealEstate #Investor #Podcast #Entrepreneur #Flipping #Houses #Transaction #REI #Investing

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