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Nevermind...I searched the engine and found it....(NT)

Posted by M. Osterman on January 26, 2004 at 11:11 PM

In Reply to: Re: A deal a month is all you need... posted by M.Osterman on January 26, 2004 at 10:12 PM

: : : Ward,

: : : Thanks for answering my questions on the post. I just want to know something.

: : : Everyday I look in the L.A. Times I see 8-12 i buy houses ads. Is there another way of ad's. I want to get mentored and invest in foreclosure but the Market in Los Angeles just seems to be so hot. Ward. What are the odds of me door knocking(Preforeclosure) on 1 persons home per day. Do you think I culd out the odds in my favor more and could I possibly do a dealm in 60 days If I knock on a door a day.

: : ==============

: : Rudy,

: : You really don't need to mess with any kind of ads, letters, flyers, etc. when buying from an owner before the sale. Once you're trained all you do is knock on the defaulting owners' doors. If you know what you're doing and have a consistent work ethic you'll knock on about 20 doors to get a deal. That will get you about a deal a month, at minimum.

: : Hope this helps.

: :====================

: Ward,

: As to knocking on doors, I've been at this for a few weeks now and am getting the hang of it, most people answer, never smiling ( to be expected) and I introduce myself as someone who can help. For example " Hi, I'm Mike, I help/work with people that are in default, I was hoping to speak with you about this." Common response's are: The banks made a mistake, I've got it taken care of, etc... What's a good comeback to these folks? I've been podering handling these objections up front such as " Hi, I'm Mike, I work/help people that are in default, I understand that this may not be a good time, and I understand that you may have a solution, but I would like to speak with you anyhow." I feel that once I have this piece of the puzzle in place the rest will fall into order.
: Thanks,
: Mike O.



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