Getting Started Overview - Meter Drop Method

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Stacy Kellams -- Meter Drop Method© Getting Started Overview

Transcript of Getting Started Overview - Meter Drop Method

Stacy Kellams -- Meter Drop Method©

Getting Started Overview

• You’ll Learn How to Find Deals in Any Market

• You’ll Learn How to Get Paid Without Ever Touching

the Property or Dealing with Tenants

• You’ll Learn How to Increase Your Cash Flow –Today!

• You’ll Learn How to Find Endless Supply of Deals

Stacy Kellams -- Meter Drop Method©

1. You need to make some cash NOW because

of some change in circumstances, or

2. You’re a relatively new investor and/or you

need cash to do deals, or

3. You have property that you are holding for

long term investments, but you need cash flow

to cover your living expenses above your

passive REI income

Stacy Kellams -- Meter Drop Method©

Overview of The Meter Drop Method

How You Find the Deals Your Competition Never Even

Knows About

Processing Your Leads for Quick Cash

Building a Buyers List for the Largest Revenue

Building a Fast Cash Source to Sell Your Other Leads

How to Get Someone Else to Do the Work for You

Stacy Kellams -- Meter Drop Method©

PACER Search

Put in Spreadsheet

Run Property Search

Send Postcard

Get Response Calls / Leads to Website

Phone Service Finds Out Details of Property & Seller Motivation Level

Separate into Investor Leads and Realtor Leads

Email List Buyers (Investors & Realtors) about New List

Get Paid and Send List ($ per lead)

Stacy Kellams -- Meter Drop Method©

Stacy Kellams -- Meter Drop Method©

Often Forgotten Source of Leads

The next video explains how bankruptcy is a

great source that is often overlooked and what

you need to know to easily find the leads

How to set up your system to get started

Stacy Kellams -- Meter Drop Method©

You’ll need the following:

• Computer and internet access,

• A phone and answering system

The next Module gets into how to run your lead search

but let’s talk first about some of the decisions you need to

make now while setting up your system.

Stacy Kellams -- Meter Drop Method©

PACER Search Put in Spreadsheet

Run Property Search

Send Postcard Get Response Calls / Leads to

Website

Phone Service Finds Out Details

of Property & Seller Motivation

Level

Separate into Investor Leads

and Realtor Leads

Email List Buyers (Investors &

Realtors) about New List

Get Paid and Send List ($ per lead)

Stacy Kellams -- Meter Drop Method©

I recommend you set up a website where you can send

potential leads to leave name, email address, and phone

number, and

Set it up so that you can put a Seller Questionnaire for the

seller lead to complete.

You can also go through REI Matcher to do this, or

See the Resources Section of the Membership Site for links

to helpful resources to set up your site:

Elance GoDaddy Odesk

Rent a Coder HostGator

Stacy Kellams -- Meter Drop Method©

• All postcards drive to a 24 hour pre-recorded message

• Continental Message (CM) or Pat Live (PL) will answer

your phone

• www.continentalmessage.com/reisecrets

• www.PatLive.com

Stacy Kellams -- Meter Drop Method©

• Seller listens to a short pre-recorded message from

you first

• The CM or PL representative picks up and says

“Thank you for calling Mr. Kellams’ office…”

• Answering service uses exact script you give them

• Answering service collects all info then emails info to

you

Stacy Kellams -- Meter Drop Method©

• If you don’t want to use an answering service you can

use…

• www.adtrakker.net

• www.freedomvoice.com

• Or you can go super low tech and just use the

voicemail on your cell phone

Stacy Kellams -- Meter Drop Method©

As calls come in from your postcard leads, you or your

answering service will pre-qualify your seller leads

over the phone.

Some of the seller leads you find will be highly

motivated, have equity and are willing to sell below

market value in order to get a quick sale and don’t

want to worry about or spend money on necessary

repairs.

These leads are your most qualified and most

valuable.

These should definitely go to your investor lead buyers

as soon as possible.

Stacy Kellams -- Meter Drop Method©

Other seller leads will come in and may be motivated

to sell but just can’t let go of a fixed number in their

head, which may not be a good investor deal.

That doesn’t mean they are not a good lead though.

There are many great real estate agents out there that

are more than willing to pay for good seller leads that

they can get a listing on.

So some of your leads will go on a Realtor Buyer List

instead of your Investor Buyer List.

Stacy Kellams -- Meter Drop Method©

As you pre-qualify your seller leads, you will be able to

divide them into Investor Buyer Leads and Realtor Buyer

Leads, and

You will learn what type of lead it is: an “A”, “B”, “C”, or “D”

“D” leads are “Duds” and are generally filtered out when you

are creating your initial list of leads.

Then there are the A+++ leads that have the most value

and should be passed to the Lead Buyer as soon as

possible. We’ll go over this more in the rest of the training.

Stacy Kellams -- Meter Drop Method©

• Paper & Folders – very low tech and old school, but it

works

• Online Virtual Office - upload documents to a service

called ”High Rise” www.highrisehq.com for $24/mos

• Can also use a system built for real estate investors,

REI Matcher, that allows you to share information

with other investors when and if you want to and keep

track of all your leads and deals you are working on.

Stacy Kellams -- Meter Drop Method©

• Watch the Training Videos

• Go Through Support Documents

• Take Action - Use the 30 Day Action Plan

Stacy Kellams -- Meter Drop Method©

Get phone system set up with 800 or 888 or 877 number

Record your 24 hour prerecorded message from the Voice Mail Script found in the online Resource Section

Set up a Continental Message or PatLive account (can take up to a week to get setup)

Give PatLive your “Seller/Lead Information Questions” use the “Call Script for Answering Service” found in Resource Section

Stacy Kellams -- Meter Drop Method©

For More Information:

Call our office to become a Private Liquidations Gold

Member for the best in-depth training on No Competition

Leads and Finding Deals in Any Market.

Stacy Kellams -- Meter Drop Method©