I become the most logical buyer and now we do
Key takeaways:
Being the logical buyer increases the chances of acquiring specific assets
Simplicity and repeatability are positively correlated
Making targeted calls to owners in your market can lead to coffee meetings
Meeting with 50 owners in your market can provide valuable insights and potential deals
Authentic conversations with industry professionals can help in building your business
Investing time in building relationships can result in unexpected opportunities
Transcript:
Speaker 3
I become the most logical buyer and now we do for all their assets because we know how to buy those specific assets. Speaking of simplicity, if it's the more simple it is, the more repeatable it is. We transact roughly every 45 days. That seems to be the trend. A lot of consistency. We do the same basic thing. If you're getting started, this is how I do it. If you make five calls in a week to owners in your market. This is a very targeted. I've looked at people who own properties around where I want to buy who've done what I want to do on Google Maps. On Google Maps, you can find them. It's totally free. No skip tracing. You can just Google them. You find the people, five people. You're going to make five calls in a week. One of those people has to accept a coffee meeting with you. Assuming that you take two weeks off, you're going to meet with 50 owners in your market. If you meet with 50 owners in your market, learn how they played the game and communicate in 30 seconds or less. This is what I'm trying to do and why I'm trying to do it. How did you build your business? You have an authentic conversation with them. The deal flow will come. That is a lot of people who are invested in helping you, who you have spent time with. Some of those will be a 30-day turnaround. Some of those will be a five-year turnaround. But when people are invested in helping you, there could be a deal that comes up the Robinhood. It's on market. That was actually one of our friends who we'd met in the real estate space we've done an owner meeting with. It was the wrong deal for him. He called us. (Time 0:30:09)
