How to Knock Doors to Your First Deal
Рет қаралды 9,855
Күн бұрынPace Morby and foreclosure expert Michael Franke break down the simplest plan for finding and closing a foreclosure real estate deal. They explain why targeting foreclosure leads is a smart strategy to focus on because of the timeline aspect. Michael describes his process - door-knocking - and how the chances of getting a deal are significantly higher than relying on cold-calling. With door-knocking foreclosures in mind, they lay out a step-by-step game plan to follow that ensures you close your first foreclosure deal.
Other than walking you through a specific action plan, Pace and Michael answer common yet important questions that people might have before they start door-knocking foreclosure leads: what do you say? What do you wear? When is the best time to door-knock? What if nobody answers? If you want to focus on foreclosure leads and more specifically, want to begin door-knocking to getting deals, this is a must-watch for you!
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Chapters:
0:00 - Intro
0:38 - Why Go After Foreclosures?
3:14 - Expect Challenges
4:54 - How to Find Data
10:36 - Organize Data
12:29 - Skiptrace
15:23 - Door-Knocking
25:33 - If They Answer Door?
31:09 - If They Don’t Answer Door?
37:58 - Follow-Up
45:00 - How Many Doors?
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🚧🚧🚧 DISCLAIMER 🚧🚧🚧
❎ I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. The content in these videos shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a KZfaq video for entertainment purposes ONLY ❎
@jobear644 2 ай бұрын
Today was my first day door knocking
@realsteezydeezy 2 ай бұрын
Any leads today?
@dienekes4364 2 ай бұрын
How did it go?
@AndrewAllenHomeExpert Ай бұрын
You can’t leave a comment like that and not tell everyone what happened
@AndrewAllenHomeExpert Ай бұрын
I got my first two flips from knocking doors. No lists, no leads. Got a hard money loan for purchase price and cash advanced $4000 from three credit cards to do the updates. Crazy start but it got me going.
@clawJAMMER0317 Ай бұрын
Very good, well worth the watch. Great questions from Pace.
@HowardCollarbleu 6 күн бұрын
41:37 My exact recipe! I've gotten the neighbor's house under contract asking about the person in foreclosure!
@tragulaspeaksrealtor 2 ай бұрын
I’m looking forward to the next video in this foreclosure series!! I’ve sent out 300 letters in the last 1.5 weeks. Calling those same leads this week and next week.
@LowRotor 2 ай бұрын
I door knocked every pre foreclosure in my area last week, 18, a left hand written post-its. A couple contracts were in denial, 1 already figured it out and still waiting to hear back from 15ish
@PaceMorby 2 ай бұрын
Better than doing nothing! Good luck
@dienekes4364 2 ай бұрын
How's it going? Have you gotten any more leads?
@onesmoothcat Ай бұрын
@@PaceMorbyI totally agree
@setosbagofgoodies995 Ай бұрын
Hows it going now? update.
@PEturnedRE 15 күн бұрын
Any update?
@cobbins13 2 ай бұрын
Info on the how. Real expectations. And from what I see… I’m guessing this was a “student” that’s now growing into leadership with active, real time mentorship from the man himself. Gold.
@oldskoolfunk71 2 ай бұрын
17:57 Gold! Thank you both for this amazing video.
@PaceMorby 2 ай бұрын
Glad you got some value from it!
@user-hu9fx8yf2v 2 ай бұрын
So much gold in this video!
@bigdavebangs9191 2 ай бұрын
Great content very helpful thank you for your time to give us this
@PaceMorby 2 ай бұрын
Glad it was helpful!
@MrRushing93 19 күн бұрын
I'll take this challenge
@markelkhill4093 2 ай бұрын
Hey guys thanks a TON for doing this series~! This is where we are starting so it's super helpful. Just FYI it would make it a bit easier to find these videos if you add a number to them. Either way, thank you, thank you, thank you~!!!
@PaceMorby 2 ай бұрын
Thanks for the tip!
@mr.hudgins1021 2 ай бұрын
Hi my name is _____________, I noticed your lender is giving you grief and there's a foreclosure sale coming up. Hopefully you've got that taken care of, I just wanted to drop by and see how I can help...
@greghellings 2 ай бұрын
I've knocked on one door. Seller only wanted to use an agent. 99 to go!
@PaceMorby 2 ай бұрын
Way to go for not giving up, you got this!
@BeautifulAssassin666 Ай бұрын
I'll take that challenge... 100 houses, 3 different visits @ different times of the day, and roughly 5-10 minutes at each house to recon typical activities.
@PaceMorby Ай бұрын
Good luck!
@briightmindd 29 күн бұрын
Amazing
@kimberlywilliams3490 2 ай бұрын
If I go to a door and a sticky note is there that is not mine….I’M taking that sticky note with me. 😎🤣✌️
@PaceMorby 2 ай бұрын
🤣
@michaelperon1793 Ай бұрын
how do get the script for phone and at the door?
@dojoparsnip9905 Ай бұрын
create it. you are the person making REAL connections.
@AlEntrepreneur 2 ай бұрын
🔥🔥🔥 *Great info!!! Where are the other 2 videos in the playlist?* 🤔🤔🤔
@PaceMorby 2 ай бұрын
Here's the playlist kzfaq.info/sun/PL2Y6uEs9DYr3PUUSdPj6Ci8m62KX_nYwo&feature=shared
@JoeFromLasVegas 2 ай бұрын
Can you let me know when the information on the 5 options will be talked about and also a good way when we talk to people is to plant the seed and cultivate it into a takeover, please keep me abreast.
@arturocortez4175 2 ай бұрын
How do you handle getting payoff N reinstatement....that's where l get stuck....3 wks waiting for usda to respond
@ayelettamir6431 2 ай бұрын
I’m in
@user-homesales Ай бұрын
Let me ask you a question I am a real estate agent learning new ways to grow my business, do you guys know if I can wholesale a property without getting my brokerage involved? bye the way I work in California.
@christophersaenz7605 2 ай бұрын
Taking the challenge XD Let's see how it goes. Bonus: I'm an agent just in case :P
@ladronporter8280 Ай бұрын
I want to take that deal
@stormescheidt9253 2 ай бұрын
What is the next steps??? What do we do next if the seller agrees to seller financing etc. These videos are too good !!
@user-hu9fx8yf2v 2 ай бұрын
Depends what your exit strategy is. Is it in your buybox? Will the property be profitable? Do you have the capital (total cost to acquire property) ? You can always reassign the property for a fee to another investor. If you are able to acquire it yourself and it’s in your buybox, I would find yourself a transaction coordinator to help you throughout the process. I got one on my first transaction and it cost me $900 and they helped me every step of the way.
@PaceMorby 2 ай бұрын
Stay tuned for more videos dropping soon
@InvestBuildEmpower 2 ай бұрын
This is really area based. Be careful knocking on doors in major markets. Lots of neighborhoods have issues with people door knocking and won't be nice.
@user-hu9fx8yf2v 2 ай бұрын
This is part of the game, they literally talked about this in the beginning…did you not watch lol? Like Pace said, it’s simple but not easy. It’s going to be a lot of hard work, you might get spit on or have a gun pulled on you…if you push past it, you will find success
@Aarontaylor354 2 ай бұрын
Do you need a solicitor’s permit to doorknock in ga?
@user-hu9fx8yf2v 2 ай бұрын
No, they aren’t selling anything.
@dojoparsnip9905 Ай бұрын
what are you selling to people that are in foreclosure?
@user-hu9fx8yf2v 2 ай бұрын
Can you make an episode count so its easier to find and we can follow along better?
@PaceMorby 2 ай бұрын
When every video in the series is out, I'll make a playlist
@Joekerr888 29 күн бұрын
What if they ask how did you know I was in foreclosure
@OccupiedBot 2 ай бұрын
Anybody do foreclosures in Dallas?
@Bht45467 2 ай бұрын
I’ll take the challenge. Are you talking 100 houses, 3 knocks each? 300 knocks.
@Pcoxproductions 2 ай бұрын
I’m up for the 5k foreclosure challenge
@dylanbarbeau1406 2 ай бұрын
Where is video #3?
@PaceMorby 2 ай бұрын
See the full playlist here: kzfaq.info/sun/PL2Y6uEs9DYr3PUUSdPj6Ci8m62KX_nYwo&feature=shared
@J03L_vice 2 ай бұрын
why are the other 2 videos hidden?
@PaceMorby 2 ай бұрын
They're not out yet
@J03L_vice 2 ай бұрын
@@PaceMorby can’t wait for the next one
@Kaisersales 2 ай бұрын
I sell solar been knocking doors for 6 years id be a pro in this niche but solar pays more
@anthonykence9954 2 ай бұрын
I will door knock
@MichaelSMahone 2 ай бұрын
yay I got 1st place in comments 🥇stay in driveway to update your records and they will come outside to talk
@michaeldfranke 2 ай бұрын
That definitely works sometimes
@ernestocarrillo7 2 ай бұрын
Freaking genius door knocking script.
@michaeldfranke 2 ай бұрын
It’s worked a few times :)
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