All Forum Posts by: Ohio Alofoje

@Brad Turley @Elon Walton @Kaz M. @Marco Moreno @Sean James I am also a Wholesaler in the Bay Area and would be happy to connect with you guys and partner in whatever way(s) possible. I have sent you all colleague requests and hopefully we can network and partner to foster a very good business relationship. 

@Marco Moreno If you are looking for "fixer homes" to fix and flip, then i will be most happy to work with you on that as this is my speciality. I am a Wholesaler and i find highly discounted properties in the Bay Area. i have sent you a colleague request together with a message, please kindly respond and let me send you what we have in our inventory.  

Osazee Edebiri Hello Osas, I am also an investor in the Bay Area I will like to network with you. Please add me to your request. Thanks

Stephen Anderson That's a very good idea! Having first hand knowledge of the costs of rehabs greatly helps and that comes into effect by experience. I will definitely go with a contractor in my first few home inspections. Thanks

Steven Leigh Very well noted, I will definitely check out the video. That's exactly what I need, a concise and broad estimate of repair costs. If I may ask you, can you share your personal experiences on how you do your repair cost analysis while you are analyzing a deal? Thank you

Zahrah McFadgen Thank you so much for your response. I really appreciate it. I will definitely buy the book as I really need a clearer understanding of how to estimate repair costs in analyzing my deals more effectively. Thanks once again.

Hello Guys, I would like to know the most effective way to analyze and evaluate repair costs as a Wholesaler. This will enhance my Deal Analysis before I can engage any Cash Buyer. Thank you.

William Murrell Thank you very much I really appreciate your response.

Sam Ally yeah, agreed it's not an easy get rich overnight business, I'm not sure any of the contributors to this thread made reference to getting short cuts to success, I would like to believe "most" of us are successful in each of our respective careers and have been hardworking to get to where we are. But my point still remains your earlier suggestion that "what makes you think you can do this if you've never operated a business before" is very demoralizing to say the least. I for instance have never owned a business, but I only just incorporated my real estate business last December from that point till date I have been taking my time studying the business. You are correct however that you need knowledge of the business in order to succeed because no amount of lead qualification will get you anywhere. But again, your earlier comments were a contradiction because you actually disapproved of using a script to engage with a prospect of which I totally disagree with you on. So, yes you need knowledge to understand what you need to do in this business (and i think most of the contributors are wise enough to ask for help in areas they feel the need) but at the same time please do not advise anyone against the use of any qualifier tool as it might be their best way of getting as many ch information from a prospect as possible. To be honest I have been blessed to have been exposed (an actual student and protege) to one of the well known names in this industry and he still uses scripts in qualifying his leads. So who says you can't use script in qualifying leads? I'm just making things clear.

Sam Ally In as much as I reason with some of the points you raised, I also think some of your other points were very misleading (perhaps you didn't mean it the way they sound, but they are really misleading). Now, agreed I'm no pro but I disagree with you when you say "If you have not operated a business before what makes you think you can do this" perhaps you have forgotten that many of us (including the very successful ones who never owned a business) started from somewhere. I would like to challenge every starter and newbie not to be afraid ! Yes, you might hit brick walls and experience stumbling blocks but don't give up! It's all a learning process, nothing happens overnight. In fact if you step into this business with the mindset of making it overnight then you might end up being disappointed! I need to correct the notion that Because you haven't operated a business before so you might not be successful in this one. You need passion to succeed first and foremost. Ask yourself, is this the right business for me? Do I enjoy what I do ? Secondly, I also disagree with you saying that you do not need a scrip to qualify leads. I think this is rather begging the question because how else or what other way do you qualify those leads when you get on the phone with them? The truth is, you need a qualifying lead sheet. You may call it whatever you choose but rather than outrightly writeoff using scripts, I'd rather you suggest and advise that you design your lead sheet in such a way that it doesn't sound like you are reading from a script. Another reason why you'll need a script or lead sheet is because you'll need to keep the record of the leads you just qualified, you'll have to do a series of analytics to determine whether or not the deal is worth the effort or if it's a dead end. All these will fall under the category of data collection. How else do you collect data from your seller or buyer if not by asking them questions from a data set and then inputting the answers into the system. Whichever way you look at it it's still a script that you're using but the most important advice I'll give is rather than discourage the use of lead sheets or scripts, customize your questions in such a way that it does not sound boring and monotonous. Make it engaging and let the seller or buyer at the other end know that you will need a few minutes of their time to answer some questions you have to better serve them and meet their needs. I hope this makes sense