Phone is a-ringin'

The ads are definitely resulting in phone calls. Some are tire kickers and some have potential. I'm really looking forward to getting a virtual assistant in place to help us with these phone calls as well as some of the marketing grunt work. We're getting calls from the Craigslist ads as well as the newspaper ad (we're on day 3 of 10 of the ad). The bandit signs have all disappeared now and we'll have to decide whether or not to purchase more. What's really great about this process is that we're meeting investors from across the county and building our buyer's list.

Every week I spend an hour or two focusing on real estate investing education -- there are a lot of folks who do some good training via webinars. Sometimes they are chock full of sales pitches, but there is typically some great content too. I got some good ideas from Tim Mai and Pre$ton Ely on finding motivated sellers and I'm looking forward to trying out some new techniques once we're ready to look for more deals. I know we're supposed to run on all cylinders and do everything at once, but since these are our first two deals I'd really like to focus on these before finding more sellers and securing additional properties. Besides, plenty of banks are motivated sellers right now so even if we don't market to homeowners, there are plenty of REOs to make lowball offers now.

On Saturday morning, my hubby and/or I will go to a wholesale property showcase that is hosted by SoFla Property Solutions. This will be another good opportunity to meet with investors in the Broward and Miami-Dade area.