!!!DOOR KNOCKING 2!!!

What else do you guys think can work, like
-free pamphlets...(what kind),
-approach... (I want to buy Vs. What do you need?)
-Mail first, then door knock
-Call first, then door knock
-Present yourselves as Investor that want to buy their house now Vs.
-Consultant that wants to solve their problem now Vs.
-Consultant understanding their situation willing to help?

Please ellaborate on which do you prefer and has worked to your and their advantage? Great to hear from those great minds out there! cool smile

Comments(3)

  • JohnLocke14th February, 2003

    luishernandez,

    Glad to meet you.

    The day you master the art of having sellers call you, is the day you will start doing more deals.

    When the seller calls you he is on your turf, not the other way around.

    You get sellers to call you by using creative marketing and advertising techniques. Of course if you feel the desire to knock doors then I would contact Fuller Brush and sign up with them. This way if they don't sell you their house the call will not be wasted if you sell them a brush.

    Bottom line I always get the motivated seller to call me, it has worked well for me.

    John $Cash$ Locke

  • luishernandez14th February, 2003

    Hi John,

    the door knocking would be for the foreclosures that other investors might be sending mail to as well. Now Fuller Brush, I have not heard anything about that. Would you help me understand with what you mean by that?

    I also would like to know what it is that is working for you to get these motivated owners to call YOU... luisfhernandez@iwon.com or simply post here if you like. Thanks for your response.

  • JohnLocke14th February, 2003

    luishernandez,

    I was just tugging on your shoe laces a little bit, the Fuller Brush Co. would send salesman in the field with brushes and other domestic items for sale door to door.

    Boy, am I getting old, guess it is kind of like asking the younger generation if they know what a 45 record is, these were pre CD's.

    There is nothing I could post here or send you that would help concerning this particular matter, the way I do it is a method from, having the motivated seller call you, to closing the deal, then selling the property. So any part not covered by me would leave you still wondering what to do.

    This is why there are many great courses for sale here on TCI, the new person should make an investment in a course to help them. This board is set up to answer more or less general questions regarding real estate investing and covers many methods of investing.

    The opinion expressed by me, concerning door knocking is strictly my own as is my opinion about pre-foreclosure investing.

    Unless the owner, who 9 times out of 10 is in self-denial, you must figure out a way to make up the arrearages on the loan to bring it current and then only if it makes economic since to close on the property.

    This stands to reason because of the amount of foreclosures going to the auction blocks, I believe an all time high.

    These people are more inclined to stay in the house until the Sheriff shows up, in their minds it is free rent and when you are broke FREE is a big word.

    I mainly deal with giving the owner 'U-Haul' money for their equity or enough money to move out and normally their mortgage loan is current.

    John $Cash$ Locke

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