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Stride REI

Public • 95 • Free

2 contributions to Stride REI
Reflection
I spent maybe a year and a half cold calling in my local market. I wasn't consistent and results were non-existent. I've heard that my local market is tough but I refuse to let that stop me. I buckled down and began a routine of consistently cold calling at least 4 hours a day 5 days a week. Within 2 months, I found a tired landlord and signed a contract. Life intervened and I had to stop cold calling and move out of state for about 8 months. Meanwhile, that deal took about 4 months to close with minimal input from me: I called the seller at least once every week and provided moral support to him as he evicted a tenant. I learned a lot from that deal but the main takeaway is that inconsitent action is just a waste of time and consistent action yeilds results. Now, I'm commiting to lock in and consistently do the activities that lead to contracts at least 5 days per week.
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New comment 3d ago
0 likes • 3d
@Jeremy Ransom 30-50k/month. I could sure get with that! I was doing FTM with pre-forclosures: going to the county clerk's office each week and manually copy down each Lis Pendens record from their system. There are only about 75 per month. Problem is, when I reach them they all say they have worked out a deal with the mortgage company (forebearance). I don't know if it is just the small number of prospects or what, but it didn't seem like it was worth the effort. I know people find success with preforeclosures, but I haven't figured it out yet. Maybe I should look at other vexations like divorce or probate. Or maybe I should switch to a market that has county data online. What do you think?
0 likes • 3d
@Taner Eyuboglu @Jeremy Ransom. I notice you both couple deep prospecting with FTM. That may be what I'm missing. I need to learn more about deep prospecting.
Intro Post
Hi Everyone! Thank you for joining a community of Intentional Investors! Again this group is specifically set up to bring in those who want to tap into a community of those who are just like them and can bounce ideas off of or when you just need someone to talk to. Because we get it that marketing campaign you sent out might not take off or might have flopped. It might just be a slow time in the business or you need someone outside of your local circle to help build you up. Please tell us your name, where you are from, what markets you are in and tell us what you are looking for and how we can help you!
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New comment 5d ago
Intro Post
0 likes • 7d
Hello everyone. My name is Phil Banks. I live in Albuquerque, NM. Due to family issues, I have been inconsistently cold calling for the past 2 1/2 years. My first deal closed a few months ago. Now that my family issue has resolved, I have time to focus on wholesaling. My hope is that joining this community will help me get to know and learn from people who are actively doing wholesaling.
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Phil Banks
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2points to level up
@phil-banks-8849
I retired from the U.S. Air Force and recently from Intel Corp. I am now focused on Real Estate Wholesaling. Albuquerque Metro Area and DFW markets.

Active 7h ago
Joined Jun 14, 2024
INTJ
Albuquerque, NM
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