Wholesaling Real Estate |Live Q+A with Zach Ginn

TL;DR

Join the live Q&A session for valuable real estate investing advice and insights on topics like pre-foreclosures, lease options, door knocking, and more.

Transcript

boom we are live guys what is going on let me get this all set up here give me a few minutes already if I might go in comment below make sure you guys could hear me I'm gonna get this live on Instagram right now and we can set everything up here let's sit here and so guys comment below what market you're in I know we got some people in here which i... Read More

Key Insights

• 🤝 Door knocking can still be an effective strategy for finding real estate deals.
• 😫 Setting realistic expectations for your first deal is important, as the focus should be on gaining experience and building momentum.
• ❓ Text blasting and ringless voicemail can be effective marketing strategies, but consider legal and ethical guidelines for your area.

Questions & Answers

Q: How many deals should I aim for when starting out in real estate investing?

When starting out, it is best to focus on one deal at a time and aim to gain experience. Realistic goal-setting is important, and scaling up can be achieved by compounding your success over time.

Q: What is the best place to pull a list to get my first deal?

Starting with a high-equity list using a platform like Prop Stream and combining it with cold calling and direct mail can be effective. Also, consider using free skip-tracing services like True People Search for budget-friendly options.

Q: Is door knocking an effective strategy in real estate investing?

Door knocking is still an effective strategy, especially in markets where it is not saturated. However, consider wearing a mask and being cautious during the current pandemic. It may also be beneficial to outsource door knocking to motivated individuals in exchange for a percentage of the deal.

Q: How do I get started with creative finance deals?

To get started with creative financing, consider targeting pre-foreclosure deals and offering creative terms to the seller, such as subject-to financing. Lease options can also be a good entry point into creative finance, offering the opportunity for cash flow and a potential end profit.

Summary & Key Takeaways

• The speaker introduces the live Q&A session on various real estate investing topics.

• He discusses the potential of the Sacramento market for probate deals.

• He shares his recent real estate deals, including challenges faced during the closing process.

• The speaker answers questions from viewers about starting out in real estate investing and the best strategies for finding deals.