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Real Estate Investing Hot Seat | If you want bigger pockets listen to this podcast that rivals Dave Ramsey, Jim Cramer from Mad Money, Donald Trump, Than Merrill and Robert Kiyosaki from Rich Dad Poor Dad.
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Episode 30: Internet Marketing is the Greatest Lead Source, with Sajan Bhakta
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Sajan Bhakta got into real estate investing in the later part of 2016, primarily focusing his business strategy on wholesaling and rehabbing. In addition to working a real estate business, Sajan also works a full-time job as a Senior Project Manager for Kaiser Permanente.
What you’ll learn about this episode:- The crazy lie that reality flipping shows tell the viewers every day
- How to go from 2 deals in 12 months to 12 deals in 12 months
- The 3 things every real estate investor website needs to make money
- How to find motivated sellers on a shoestring budget
- The risk and unexpected costs that go along with rehabbing
- ARV: After Repair Value
- Wholetailing: a combination of wholesaling and selling retail where you buy a house and relist it without doing a full rehab
- Why it take 35-40 leads to close one deal
- Why you should aim to get a property at 65-70% of ARV and sell it for 80-85%
- The marketing budget required to bring in a deal every month
- Cold calling, text, and online: three marketing strategies to use if you’re not going to go with direct mail (and why direct mail still works)
- Why you shouldn’t try to do PPC yourself if you’re not an expert in it
- Why PPC and SEO are our #1 source of leads right now
- Following up with leads at least 15 times in the first four days
- Lists to target that are routinely strong for leads
- Brad Chandler Coaching: https://www.bradchandler.com/apply/
- InvestorCarrot, real estate investor website solution: http://www.bradchandler.com/carrot
- Podio, CRM (customer relationship management system): https://podio.com/site/en
- Free Wholesaling book: Text “invest” to 855-999-1616
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