FSBO #1
Last weekend, my wife and I took a two-hour trip looking at houses around my farm area. During that trip, we found two FSBO's (well, actually only one - I found the other on the internet). When I got home last night, I decided to start calling both of the FSBO's. I called the first FSBO, which was the one I found on the internet. After four rings, I got an answering machine. Instead of leaving a message, I decided to hang up. I figure the owner either wasn't home, or has been inundated with calls from RE agents, etc., and now screens her calls. She sounded like an older lady (50-ish). This was about 7:30pm. I decided to give it another 45 mins or so and try again. Around 8:30pm, I called her again, and again the answering machine. I left her a short message saying I saw her listing on a web site and was interested in learning more. I told her I would give her a call tomorrow (today), and touch base with her.
FSBO #2
Between the two FSBO #1 calls, I tried calling the second FSBO. After dialing the number, I got that annoying signal followed by the message "the number you are trying to reach has been disconnected ..." I did some address and revers phone number lookups, but could not verify the phone number. I figure either I wrote the phone number wrong, the number really IS disconnected, or I was completely off base and wrote both the address and phone number down wrong. I'll drive by tonight or over the weekend and verify.
Summary
At the rate I'm going with my REI venture, I figure I'll get my first deal sometime this fall, and become a financially independent by the year 2075 (sarcasm intended). I need to step up the game and get my marketing going as I feel I'm just spinning my wheels.
Time
As Joe Kelley mentioned on one of his earlier blog entries, the enemy I have is time. It seems I only have an hour or so each night to research, formulate my strategy for properties I find, and make calls. The weekends aren't any better as its then I have to really spend time with family. For me, I feel I need to get the ball rolling with sellers calling me instead of vice-versa. Too much of my time is spent locating properties and analyzing them when it should be spent talking with motivated sellers.
Thursday, February 03, 2005
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