How to Knock Doors to Your First Deal
ฝัง
- เผยแพร่เมื่อ 30 มิ.ย. 2024
- Pace Morby and foreclosure expert Michael Franke break down the simplest plan for finding and closing a foreclosure real estate deal. They explain why targeting foreclosure leads is a smart strategy to focus on because of the timeline aspect. Michael describes his process - door-knocking - and how the chances of getting a deal are significantly higher than relying on cold-calling. With door-knocking foreclosures in mind, they lay out a step-by-step game plan to follow that ensures you close your first foreclosure deal.
Other than walking you through a specific action plan, Pace and Michael answer common yet important questions that people might have before they start door-knocking foreclosure leads: what do you say? What do you wear? When is the best time to door-knock? What if nobody answers? If you want to focus on foreclosure leads and more specifically, want to begin door-knocking to getting deals, this is a must-watch for you!
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Chapters:
0:00 - Intro
0:38 - Why Go After Foreclosures?
3:14 - Expect Challenges
4:54 - How to Find Data
10:36 - Organize Data
12:29 - Skiptrace
15:23 - Door-Knocking
25:33 - If They Answer Door?
31:09 - If They Don’t Answer Door?
37:58 - Follow-Up
45:00 - How Many Doors?
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❎ I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. The content in these videos shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a TH-cam video for entertainment purposes ONLY ❎
Today was my first day door knocking
Any leads today?
How did it go?
You can’t leave a comment like that and not tell everyone what happened
I got my first two flips from knocking doors. No lists, no leads. Got a hard money loan for purchase price and cash advanced $4000 from three credit cards to do the updates. Crazy start but it got me going.
I door knocked every pre foreclosure in my area last week, 18, a left hand written post-its. A couple contracts were in denial, 1 already figured it out and still waiting to hear back from 15ish
Better than doing nothing! Good luck
How's it going? Have you gotten any more leads?
@@PaceMorbyI totally agree
Hows it going now? update.
Very good, well worth the watch. Great questions from Pace.
Info on the how. Real expectations. And from what I see… I’m guessing this was a “student” that’s now growing into leadership with active, real time mentorship from the man himself. Gold.
17:57 Gold! Thank you both for this amazing video.
Glad you got some value from it!
So much gold in this video!
I’m looking forward to the next video in this foreclosure series!! I’ve sent out 300 letters in the last 1.5 weeks. Calling those same leads this week and next week.
Hey guys thanks a TON for doing this series~! This is where we are starting so it's super helpful. Just FYI it would make it a bit easier to find these videos if you add a number to them. Either way, thank you, thank you, thank you~!!!
Thanks for the tip!
I'll take that challenge... 100 houses, 3 different visits @ different times of the day, and roughly 5-10 minutes at each house to recon typical activities.
Good luck!
Great content very helpful thank you for your time to give us this
Glad it was helpful!
Hi my name is _____________, I noticed your lender is giving you grief and there's a foreclosure sale coming up. Hopefully you've got that taken care of, I just wanted to drop by and see how I can help...
I've knocked on one door. Seller only wanted to use an agent. 99 to go!
Way to go for not giving up, you got this!
If I go to a door and a sticky note is there that is not mine….I’M taking that sticky note with me. 😎🤣✌️
🤣
Can you let me know when the information on the 5 options will be talked about and also a good way when we talk to people is to plant the seed and cultivate it into a takeover, please keep me abreast.
How do you handle getting payoff N reinstatement....that's where l get stuck....3 wks waiting for usda to respond
🔥🔥🔥 *Great info!!! Where are the other 2 videos in the playlist?* 🤔🤔🤔
Here's the playlist th-cam.com/play/PL2Y6uEs9DYr3PUUSdPj6Ci8m62KX_nYwo.html&feature=shared
Amazing
I want to take that deal
Let me ask you a question I am a real estate agent learning new ways to grow my business, do you guys know if I can wholesale a property without getting my brokerage involved? bye the way I work in California.
I’m in
What is the next steps??? What do we do next if the seller agrees to seller financing etc. These videos are too good !!
Depends what your exit strategy is. Is it in your buybox? Will the property be profitable? Do you have the capital (total cost to acquire property) ? You can always reassign the property for a fee to another investor. If you are able to acquire it yourself and it’s in your buybox, I would find yourself a transaction coordinator to help you throughout the process. I got one on my first transaction and it cost me $900 and they helped me every step of the way.
Stay tuned for more videos dropping soon
Taking the challenge XD Let's see how it goes. Bonus: I'm an agent just in case :P
This is really area based. Be careful knocking on doors in major markets. Lots of neighborhoods have issues with people door knocking and won't be nice.
This is part of the game, they literally talked about this in the beginning…did you not watch lol? Like Pace said, it’s simple but not easy. It’s going to be a lot of hard work, you might get spit on or have a gun pulled on you…if you push past it, you will find success
Can you make an episode count so its easier to find and we can follow along better?
When every video in the series is out, I'll make a playlist
Do you need a solicitor’s permit to doorknock in ga?
No, they aren’t selling anything.
what are you selling to people that are in foreclosure?
Anybody do foreclosures in Dallas?
how do get the script for phone and at the door?
create it. you are the person making REAL connections.
What if they ask how did you know I was in foreclosure
why are the other 2 videos hidden?
They're not out yet
@@PaceMorby can’t wait for the next one
Where is video #3?
See the full playlist here: th-cam.com/play/PL2Y6uEs9DYr3PUUSdPj6Ci8m62KX_nYwo.html&feature=shared
I’m up for the 5k foreclosure challenge
I’ll take the challenge. Are you talking 100 houses, 3 knocks each? 300 knocks.
I will door knock
I sell solar been knocking doors for 6 years id be a pro in this niche but solar pays more
yay I got 1st place in comments 🥇stay in driveway to update your records and they will come outside to talk
That definitely works sometimes
Freaking genius door knocking script.
It’s worked a few times :)