ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel
  • »
  • Personal Finance»
  • Investing in Stocks, Bonds, Real Estate, More

Finding Wins In The Windy City-Part 3

Updated on January 18, 2011

Day 3 of 4 Wrap Up

 Wednesday got off to a brisk start with Andrew Teusch as I arrived at his home and I made him immediately finish his homework.  We were both up late the previous night with the Real Estate Profit Coach Coaching Conference Call working on items.  Andrew only had about another dozen business cards to imput into excel.  We then downloaded his excel contact list and opened up a Constant Contact acount for him to utilize for helping him get the word out to his colleagues and friends about him becoming a full time investor and raise private money.  All in all, his list was less than 100 contacts, but I helped him write up a nice template that he could use repeatedly as his list grows.

After combining lists we scheduled his email and then turned to posting his Craigslist ads again.  I wanted to ensure that he included his websites so that he could drive traffit to and from his website.  We posted several ads to help him raise money, find buyers, and find other wholesalers.  Once he completed this, we headed out to an early lunch as we wer both starving.

When we arrived back from lunch, I put Andrew to work calling the listed Wholesalers and Rehabbers that were listed on his investment club's website.  While he kind of beat around the bush at first for doing this, he got very comfortable after several phone calls.  While he left mostly messages, he was able to cross several off of the list who were no longer investing.  The real find was uncovering an investor who was actively buying all across the country.  Andrew not only got all of the investor's contact information, but he immediately took action and sent out all three of the REO pools that he had uncovered from the previous days phone calls.  Hey, one out of thirteen ain't bad!

After calling rehabbers and wholesalers, I put him to work on calling the remainder of the Hard Money Lenders that were provided also by his investment club.  He rapidly churned through the list and eliminated a quarter of them as they were no longer in business.  He did identify one potential lender who had commercial REO's after he hung up and I discussed the phone call with him.  We decided that he would be calling the contact back the following day with a fresh perspective. 

After making these phone calls, I had him and myself dive into the Chicago area Craigslist postings.  We uncovered several investors and wholesalers who we called and left messages with along with identifying some newbie investors that Andrew could potentially work with wholesaling properties to.  I reminded him that he needed to make sure and ad those individuals to his investors list for future reference.

I also had Andrew join two other MeetUp.com groups along with emailing his existing groups the specifics on his owner financed condo deal and REO pools that could be cherry picked.  This took a while as we evaluated several other MeetUp groups and chose for him to just be members of five local ones initially.  I also sent out his REO pools to several other 1:1 students in the Chicago area that had identified themselves as potential buyers during the nights previous phone call.  Things were really coming together and we had definitely created Andrew an effective way to market his deals. 

To wrap up the day we filmed the video wrap up for day three.  But upon completing the video, Andrew received a return call from one of the investors who proved to be a realtor that was an investor and interested in working with Andrew to pull comps, negotiate short sales, and represent him.  Unfortunately, we were not able to set up an appointment with her prior to the following week so I discussed with Andrew along with emailing him a template for interviewing the realtor along with other team members that he might come across after my visit was finished.  We were both exhausted from a very busy week so far, so we called it a day and I headed back to my hotel room to crash!

Day 3 of 4 Video Wrap Up

Comments

    0 of 8192 characters used
    Post Comment

    • profile image

      Stephanie James 9 years ago

      Awesome blog! Stephanie

    working

    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: "https://hubpages.com/privacy-policy#gdpr"

    Show Details
    Necessary
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
    Features
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Marketing
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Statistics
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)