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The Transactional Real Estate Investor Show with Blair Halver

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  2. The Importance of Networking in Real Estate

The Importance of Networking in Real Estate

Dec 24, 2019

In this episode, Blair and Jeff talk about the importance of belonging and networking in real estate investor groups. They cover lease options and how to manage them, property management liability and EO insurance, images and writing that should be in Facebook campaign ads and a property subject-to that will be rehabbed and sold.

Get answers on hiring a new VA, converting a subject-to into a seller financing, looking for a new buyer.

They tackle issues with an attorney regarding a subject-to deal and wanting to put it in a trust, and signing an agreement, attorney payments and litigation attorneys.

Learn about CallRail, remote marketing, seller financing in markets with low inventory and exit strategies for cheap properties. Hear about training a VA and listing recordings in Mojo, the number of calls to make a month to get leads coming in, starting in this business with a low budget and a full-time job. Wrap up with what to say to a real estate agent when calling them for their garbage deals.

Mentioned Resources:

In this episode we covered:

  • 00:00:38 – Start-up and welcome to the call
  • 00:03:26 – A buyer found for a vacant lot
  • 00:07:50 – The importance of belonging and networking in real estate investor groups
  • 00:10:43 – Rentals or lease options and how to manage them
  • 00:11:04 – About property management liability and EO insurance
  • 00:14:48 – Images and writing in Facebook campaign ads
  • 00:18:20 – Rehabbing a property subject-to and then selling it
  • 00:20:03 – Hiring a new VA
  • 00:21:12 – Converting a subject-to into a seller financing
  • 00:23:56 – Looking for a new buyer
  • 00:25:40 – Issues with an attorney regarding a subject-to deal and wanting to put it in a trust, and signing an agreement
  • 00:32:08 – Paying an attorney and litigation attorneys
  • 00:36:19 – About CallRail and setting them up
  • 00:38:03 – Remote marketing. First thing you should do once you have the deal under contract and other vetting to take into consideration
  • 00:43:18 – Seller financing in markets with low inventory
  • 00:48:49 – Exit strategies for cheap properties
  • 00:52:25 – Training a VA, and listing recordings in Mojo
  • 00:54:50 – Suggested number of calls to make a month to get leads coming in
  • 00:56:30 – Starting in this business with a low budget and a full-time job
  • 00:59:07 – What to say to a real estate agent when calling them for their garbage deals
  • 01:01:14 – Words of inspiration and encouragement; wrap-up 

About Blair:

Blair is the founder and creator of Dealbot, a motivated seller lead generation company. He has managed nearly $2mm in marketing spend and generated over 100,000 motivated seller leads. He also buys and sells houses himself in the Winston-Salem and Charlotte, NC markets. In the past year, he has acquired nearly $3mm in cash flowing rental properties with zero money out of his pocket.

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Thank you for listening!