Posted by Karen McCall on November 10, 1998 at 10:42:10:
You might just want to keep an index card file with the adverstisements so you’ll recognize their numbers, then you’ll recognize the real FSBOs.
Also remember Florida like California is the capital of REI beginings so you’ll most likely always have a lot of competition, but that is healthy.
It seems as though 90% of the calls i make end up being another local RE investor. I feel like hanging up when I figure this out. Their ads sound like private citizens who are “motivated” or “must sell”. Many times they act like the questions I’m asking are stupid. Its a little discouraging. Or, I seem to call too late. There are a lot of “i’ll buy your house” signs around town. Any thoughts?
Posted by PBoone on November 10, 1998 at 12:35:20:
Tim,
Working with other investors is a great way to get started. They speak the language. let them know you are not interested in losing money (after all dont they want to get paid?) so structure the deal so both win. you get cash flow they get a sale.
Pat