EPISODE · Jan 12, 2024 · 29 MIN
097: 6 Ways To Help Someone In Foreclosure with Devin Robinson
from The DealMachine Real Estate Investing Podcast · host devin robinson, David Lecko
Devin Robinson shares his journey in real estate wholesaling, starting with his first wholesale deal and working with hedge funds. He discusses the importance of building systems and processes, as well as finding truly motivated sellers. Devin emphasizes the value of providing solutions beyond buying the house, such as helping sellers in foreclosure navigate their options. He also highlights the significance of personalized outreach, including sending video messages to potential sellers. Devin concludes by discussing the current state of REO deals and sharing his insights on other types of leads. Takeaways • Building systems and processes is crucial for success in real estate wholesaling.• Finding truly motivated sellers and providing value beyond buying the house can lead to higher profits.• Personalized outreach, such as sending video messages, can make a significant impact on potential sellers.• Foreclosure leads offer a time-sensitive opportunity to help sellers and secure profitable deals. Chapters 00:00 Introduction and First Wholesale Deal01:02 Learning Wholesaling and Working with Hedge Funds02:00 Transitioning to Traditional Wholesaling03:22 Building Systems and Processes04:34 Hedge Funds Buying Again05:04 Offer on Market Property06:03 Relationships with Hedge Funds07:19 Finding Truly Motivated Sellers08:01 Providing Value to Sellers10:07 Helping Sellers in Foreclosure11:42 Providing Solutions Beyond Buying the House13:21 Outreach to Pre-Foreclosure Sellers14:00 Sending Personalized Video Messages16:18 Time-Sensitive Foreclosure Data17:11 REO Deals and Bank-Owned Properties19:08 Other Types of Leads24:09 Importance of Door Knocking25:44 Driving for Dollars and Foreclosure Leads26:27 Devin's Social Media Accounts27:08 Closing Remarks David's Social: @dleckohttps://www.dealmachine.com/pod Devin's Facebook Group: https://realliferei.com/
What this episode covers
Devin Robinson shares his journey in real estate wholesaling, starting with his first wholesale deal and working with hedge funds. He discusses the importance of building systems and processes, as well as finding truly motivated sellers. Devin emphasizes the value of providing solutions beyond buying the house, such as helping sellers in foreclosure navigate their options. He also highlights the significance of personalized outreach, including sending video messages to potential sellers. Devin concludes by discussing the current state of REO deals and sharing his insights on other types of leads. Takeaways • Building systems and processes is crucial for success in real estate wholesaling. • Finding truly motivated sellers and providing value beyond buying the house can lead to higher profits. • Personalized outreach, such as sending video messages, can make a significant impact on potential sellers. • Foreclosure leads offer a time-sensitive opportunity to help sellers and secure profitable deals. Chapters 00:00 Introduction and First Wholesale Deal 01:02 Learning Wholesaling and Working with Hedge Funds 02:00 Transitioning to Traditional Wholesaling 03:22 Building Systems and Processes 04:34 Hedge Funds Buying Again 05:04 Offer on Market Property 06:03 Relationships with Hedge Funds 07:19 Finding Truly Motivated Sellers 08:01 Providing Value to Sellers 10:07 Helping Sellers in Foreclosure 11:42 Providing Solutions Beyond Buying the House 13:21 Outreach to Pre-Foreclosure Sellers 14:00 Sending Personalized Video Messages 16:18 Time-Sensitive Foreclosure Data 17:11 REO Deals and Bank-Owned Properties 19:08 Other Types of Leads 24:09 Importance of Door Knocking 25:44 Driving for Dollars and Foreclosure Leads 26:27 Devin's Social Media Accounts 27:08 Closing Remarks David's Social: @dlecko https://www.dealmachine.com/pod Devin's Facebook Group: https://realliferei.com/
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097: 6 Ways To Help Someone In Foreclosure with Devin Robinson
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