Slow Growth Starting Out in Real Estate
Brian Davila Show - Real Estate Investing, Building Wealth, Faith Based
Wealthy Investor - Real Estate Investing, Real estate, Build Wealth, Faith Based
2.5 • 884 Ratings
🗓️ 31 May 2023
⏱️ 10 minutes
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| 0:00.0 | So you started cold calling and what happened what's your first deal look like? |
| 0:06.8 | So I got my first deal so I made a little deal with Ryan just to kind of light some fire |
| 0:15.1 | under my butt right so this was around November 16th that I started cold calling and I |
| 0:21.1 | told Ryan I said hey I'm gonna get a deal by the end of the year or else you don't |
| 0:27.0 | owe me my salary for the social media stuff the first month of 2022 or 2021 excuse me yeah and so he's like all right bet like you know what |
| 0:38.0 | does he have to lose yeah so I started making phone calls middle of November and on December 23rd I locked up a deal |
| 0:47.6 | Again, I was cold calling and then I had a little CRM |
| 0:50.8 | Yeah, a spreadsheet that I had, right? |
| 0:54.3 | And then I was like following up with this lady |
| 0:56.3 | who I took her through the four questions |
| 0:58.5 | that I knew I needed to ask, like, all right, |
| 1:00.4 | why do you want to sell? |
| 1:01.6 | You know, all those things. And I followed up with her and on December 23rd I locked her up and I remember just like I remember the feeling like I almost cried and just thinking about it. I'm oh I'm almost gonna, I'm not gonna almost at a tear but I could |
| 1:14.6 | So December 23rd I lock it up and I before I locked it, I had sent the address to Sean Bob and I was like, hey, |
| 1:25.6 | like, what do you think the ARV is on this thing and like, where do I need to get this property for? |
| 1:30.3 | And so he told me the numbers and whatnot. |
| 1:32.6 | And I locked it up at a price that would have been a $90,000 assignment fee. |
| 1:37.8 | Oh, well, like, bro. |
| 1:38.8 | Imagine being 20 years old, right, locking up a deal with a 90K assignment and granted I was going to like to keep all 90 of that |
| 1:46.2 | because I was calling on like Ryan's lists and you know but I knew I would have gotten a chunk of it like |
| 1:52.1 | hey I cold called it I followed up I locked it up myself like I knew I was going to make some sort of money on it right yeah or so I thought anyway |
| 1:59.6 | We put like a quick close we put a seven day close on it for to close December 30th. |
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