I'm just starting out as a wholesaler and I'm still looking for my first deal. I'm trying to remain patient, but I feel like I've gotten stagnant and I'm not progressing. I've done direct mail, craigslist posts, and a little driving for dollars. However, I feel like a sitting duck as the days go by. I want to ask, what are some things you guys have done on a daily basis to feel like you're actually making progress towards your first deal?
set the goals the day before. here are some simple ones
1- hand out 10 business cards
2- call all of the "A" contacts in you cell phone looking for referrals. Next day call the "b"s
3- Go visit an open house daily
4- cold call for an hour
5- mix up your routine by going to different store/restaurants/ gas stations.. introduce yourself as an investor
6- go to a chamber ribbon cuttings as often as possible
7- Post on facebook and tag your friends so their friends see it
8- drive to a neighborhood and distribute door hanger 50 a day. collect abandoned or poorly kept up houses
9- mail a simple note to those collected addresses
10- call back everyone you have spoken to in the past. divide the number by 22
@Michael Quarles Thank you! I'll definitely implement some of these things on a daily basis.
This is probably the most difficult profession. It is not meant for 99.8% people.
Give your self a time frame if you do not make a sale you start working for someone to get a real paid job.
@Sam Shueh well I already work a full-time job. I'm doing this on the side, and building it until it can take over as my full-time profession.
How much miles have you Driven?
You need 15,000 miles driveN per deal, or some applicable 🔢.
I'm not sure I understand your question lol @Eric Adobo
Listen to SAM.
Your Chance of success under your scenario is likely ZERO.
@Eric Adobo I didn't know that if I drove for 15,000 miles, I magically get a real estate deal lol thanks for the heads up