How to Do 150 Real Estate Deals Per Year with Targeted Marketing | Michael Franke
Wealthy Way
Ryan Pineda
4.9 • 2.2K Ratings
🗓️ 16 July 2024
⏱️ 64 minutes
🧾️ Download transcript
Summary
Discover how niche lists can be a game-changer for your real estate investing career, especially if you're just starting out and have more time than money. My guest, Michael Franke, walks you through the grassroots techniques used to find leads, including door knocking, cold calling, and leveraging platforms like Zillow and Facebook.
Key Takeaways:
- How to identify and capitalize on niche lists like pre-foreclosures, probates, and divorce cases.
- The importance of persistence and creativity in finding leads and closing deals.
- Practical tips for managing a real estate business, even if you're low on funds.
- Strategies for building a personal brand in real estate investing.
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About Ryan Pineda:
Ryan Pineda has been in the real estate industry since 2010 and has invested in over $100,000,000 of real estate. He has completed over 700 flips and wholesales, and he owns over 650 rental units. As an entrepreneur, he has founded seven different businesses that have generated 7-8 figures of revenue.
Ryan has amassed over 2 million followers on social media and has generated over 1 billion views online. Starting as a minor league baseball player making less than $2,000 a month, Ryan is now worth over $100 million. He shares his experiences in building wealth and believes that anyone can change their life with real estate investing.
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Transcript
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| 0:00.0 | With a niche list, you know, if you're just getting started, it's great because it's like, man, you don't got a lot of money, but you got a lot of time. |
| 0:05.3 | All right, you know the seller's in foreclosure and they got to sell. Like, are you willing to doork knock them? |
| 0:09.7 | Cool call them, text them, send them a voice message, try and find them on Facebook. |
| 0:13.3 | So if you're thinking, well, it works for Michael, it works for Ryan, it's not going to work for |
| 0:18.0 | me, but that's literally how I got my start. |
| 0:20.2 | I didn't know where my next lead was going to come from money was a little short |
| 0:23.3 | like hey I had to pick up this kind of grassroots style and go out there and doork |
| 0:27.5 | a lead and fifty thousand dollars came out the back end. |
| 0:30.5 | Dude let's hop into it. |
| 0:32.8 | So niche list, like, how'd you even get into this game |
| 0:35.3 | and how do we start making money off of them? |
| 0:37.4 | You know, it's funny. |
| 0:38.3 | I came into the game just like everyone else. |
| 0:40.8 | I was doing the driving for dollars and the bandit signs and all those entry level things that you would expect |
| 0:46.5 | But there was a time to where I sold the only deal I had I was sitting in my back deck at my house. I had no leads, no nothing coming at all and I was actually kind of pouting at that point because I didn't know what to do next. |
| 1:00.0 | My wife kind of comes out there, starts kind of kicking me around like what are you doing like get out of the house go make some money provide what you need to do |
| 1:08.0 | So I started looking through my phone on Zillow and I saw a little red dot and the dot said pre-foreclosure next to and I knew |
| 1:15.8 | what a foreclosure was but I had never thought about going after him so this house |
| 1:20.1 | happened to be about a half mile from my home. |
| 1:23.3 | So I walked over there because I didn't have anything else to do. |
| 1:27.1 | And I was going to knock on the door. |
| 1:28.6 | And my heart was beaten a thousand miles a minute. |
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