how to gain better leads in south florida

Question

i need help. Im trying to get better leads in south florida but its extremely difficult. Can anyone give me some advice? Would anyone like to team up? I have the investors and contractors, but dont have a house.

Lucas Machado · Answer

@Rory Gray - Account Closed is right...Getting the deals is the hard part. Pick one or two prospecting methods, pound the phones, and keep following up until either someone else closes on it or you get it under contract.

It takes time though...Some folks try for 1-3 months and give up because they haven't gotten a deal yet...Most prospecting methods take time to build up momentum. It took me 10 months to close my first deal. I had a bunch of contracts on the way there, but they weren't "deals" (ie, they weren't any good). It took me a little over a year of consistent mailing to close my first deal through direct mail. The first 6 months after my first deal we closed 3 more deals. In the 4 months since then, we've closed 6 more. It's looking like we'll do 3 more before 2015 is over. Momentum is all about consistency and persistence.

The various prospecting methods are well documented both on BP and elsewhere...That information isn't hard to find...What's hard to find is the will and patience to keep at it!

Good luck! Don't give up!

Account Closed · Answer

Hi @Rory Gray, you should go to Investor meetings in your area if you don't do so already. It's a great way to meet fellow investors and Real Estate professionals. You can find them on meetup.com

Rory Gray · Answer

@lucas machado thanks for the insight on your journey. That made me feel alot better about the reality of it all. I was recently watching a youtube video where a man claimed that statistics showed that 85% of good deals real estate deals came from personal or individual references, due to having buisness popularity or a great network. Is this true? What are your experiences?