As a real estate investor, the key to success is consistency in marketing and following up with leads. Whether you are just starting out or closing multiple deals a month, the same best practices apply. In this post, we’ll discuss the importance of consistency and follow-up in wholesale real estate investing.
First and foremost, consistency is key. It doesn’t matter if you’re starting small or have a full-time team, as long as you’re consistent and keep going, you’ll be able to scale your business. Many investors have other businesses or work full-time jobs and only do real estate investing part-time. Still, they can find success by being consistent in marketing their business.
Marketing doesn’t have to be expensive or complicated either. Direct mail and online ads are great, but so is driving for dollars or door-knocking in your niche communities. The key is to find what works for you and stick with it consistently.
Another essential element of wholesale real estate investing is answering leads promptly. Many investors lose deals simply because they’re not answering their calls. It’s crucial to have a process in place to follow up with potential leads as soon as possible. That’s where live answering centers like Carl Porter come in. Having someone answer your calls when you can’t is a valuable asset that can save you thousands of dollars.
Follow-up processes are also critical in wholesale real estate investing. Investing time and money into any marketing channel only makes sense if you have processes in place to handle the leads you generate. If you’re not going to be following up or have no processes in place, it’s better not to invest in that channel at all.
It’s important to remember that every marketing channel works if you stick with it long enough. Some may have a higher ROI than others, but all of them can work in the long term. But without consistency and follow-up processes, you’ll be wasting time and money.
In conclusion, wholesale real estate investing requires consistency in marketing and follow-up processes to succeed. Whether you’re starting small or closing multiple deals a month, the same best practices apply. Find what works for you and stick with it consistently, and have a process in place to handle leads promptly and follow up on them. By doing so, you’ll be on your way to success in wholesale real estate investing