Solomon Oh is a full-time real estate investor working out of the Seattle Market. He is stumbling through this business and is always looking for a more efficient way of doing things. He also looks for development opportunities as they present themselves. His goal is to break the $200k gross income mark this year.
What you’ll learn about this episode:
- A killer driving for dollars app that automatically sends postcards to a seller
- How increasing your wholesale fees can be the fastest way to profit growth
- The 4 steps to getting a deal in the next 90 days
- How rejection and failure helped push Solomon to the next level
- Persistence and how it ultimately leads to success
- Taking massive action to become successful
- Solomon’s plan for taking his total deals from 4 in 2017 to 15-18 in 2018
- The potential high profit of real estate in a college town
- Benefits of wholesaling deals as a developer
- What Solomon does every single day to try to get deals
- The difference in contact for driving for dollars deals and probate deals
- Why having a website as a reputable business is imperative
- The mindset you need to have in order to succeed in the real estate business
- Questions to ask yourself to increase your income
- The effectiveness of outbound calling vs other marketing strategies
- How to get people to come to you instead of relying on cold calling
- Which marketing strategies to start with when you’re ramping up your marketing
- How to know if you’re not going on enough appointments
- Whether it’s better for calls to go to a live person or a call center like PATLive
- How long is too long to go between calls to sellers
- Choosing a list to target for marketing and how to narrow it down from there
- Why spring is a hot market in real estate
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