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148: The Most Profitable Category: Rundown Properties
Manage episode 417567242 series 3441909
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In this conversation, David Lecko and Zach Booth discuss the driving for dollars strategy in real estate wholesaling. They cover the four categories of properties to look for: rundown properties, absentee owner properties, owner-occupied properties, and corporate-owned properties. They emphasize the importance of adding any properties with signs of distress to your marketing list, regardless of ownership type. They also discuss the effectiveness of different marketing strategies for each category and the importance of prioritizing your time and resources. Overall, the driving for dollars strategy can be highly profitable and allows for scalability and freedom.
Key Talking Points of the Episode
00:00 Introduction
01:15 What are the 4 kinds of properties to look for when driving for dollars?
03:05 Why is it worth marketing to owner-occupied properties?
04:49 What is the best way to market to corporate-owned properties?
07:07 How can you find contact information for corporate-owned properties?
10:45 Why is it important to still drive for dollars in person?
12:30 What are the best ways to make the most of your driving for dollars list?
13:40 How can you make driving for dollars more convenient with Deal Machine?
15:08 What are the most important kind of properties to market to?
17:01 Why are owner occupied properties more profitable than the rest?
18:36 How can the Driving for Dollars Mastery podcast help you get started?
Links
Podcast: Driving for Dollars Mastery
https://podcasts.apple.com/in/podcast/driving-for-dollars-mastery/id1570543403
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