Introductions.....

la2lawoman profile photo

Does anyone have any advice on introducing yourself to an investor when you are trying to build your list of contacts for wholesaling and or birddoging. I don't want to sound like a complete idiot when I let them know what it is I am trying to accomplish. I have a couple of numbers I am about to call were on signs in the area stating We buy houses and I would like to sound professional (not an expert) when I make contact are there any conversations or scripts that anyone uses or have had used on them that you'd be willing to share. I promissed myself I would contact at least 3 investors this month to get my year started off in the right direction. Thanks gang for any input.
Christine smile

Comments(4)

  • ray_higdon12th January, 2005

    Do you have any properties now?

    I don't think you need to announce your newness to the game. Be straight, not too long winded and say you are aggresivaly expanding in a certain area and want to know what he has for sale or that you find buyers and what it is he is looking for. If you have properties, let them know about your past history.
    [addsig]

  • la2lawoman12th January, 2005

    Thanks Ray I will keep that in mind and will start making my calls today.

    Christine

  • ray_higdon12th January, 2005

    I sound like a broken record here but discipline is the key to success. Setup a schedule. Everyday at a certain time I make my calls, things I see in the paper, MLS, websites, etc. Every Monday I call my list of investors to see who has a deal. Keep at it, just a numbers game.

    Good Luck!
    [addsig]

  • swetbak12th January, 2005

    Good advise don't get any better or shorter than that, Christine. It's a numbers game. I have a declaration that I got from this website sometime last year and keep on my fridge that sums up that point. I need to read it more often rolleyes To address your question, when you are calling other investors, make sure that you aren't coming across as just wanting an education. Be specific about what you can do for them (i.e. find them fixer uppers) and find out what criteria they use so you'll know what is a good deal for them.
    I figure 50% of calls off my signs are from other investors with a deal, or new investors looking for advice of some kind. Guess which one wants to talk forever? Respect the time that they give you on the phone. Also, find your closest Investor Club and go to the meetings. Networking is exactly what they are there for. Good luck.
    [addsig]

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