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Home > EMPIRE LIFESTYLE > Ep. #666 - What is Driving for Dollars ⁉️ & #1 Reason to AVOID it.
Podcast: EMPIRE LIFESTYLE
Episode:

Ep. #666 - What is Driving for Dollars ⁉️ & #1 Reason to AVOID it.

Category: Business
Duration: 00:10:12
Publish Date: 2020-03-19 04:00:00
Description:

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What is driving for dollars?

It is a data collecting strategy in the wholesale real estate investing world that I think you should avoid.

Many people misconstrue it for marketing strategy.

The problem with that notion is that you cannot refer to a strategy as marketing unless an actual outreach to a potential lead happens.

The reason why I do not recommend it is the battle that most entrepreneurs struggle with between the importance of quantity versus quality. Below is a question for us to address with this lesson...

“I contacted someone about their property.

They informed me the property I contacted him about was not available.

However, he said he is selling this property for 35k.

I don’t have an estimate of repairs because I don’t know if it’s even worth it.

Propstream said the value was $66,400.

Can you give your advice/feedback on what you would do?

This is my first lead and I’m lost.

Thank you!”

Enjoy the video.

 

https://myempirepro.com/blog/what-is-driving-for-dollars

BLOG POST - https://myempirepro.com/blog/

ABOUT YOUR HOST ::::| Ola "Tux" Abitogun is the Creator of myEmpirePRO and author of Smart Real Estate Wholesaling. He became a FULL TIME entrepreneur in October 2006.

He is a computer engineer and an engineering management graduate from New Jersey Institute of Technology; (NJIT) class of 2004/5. He was born in Dallas Texas and raised in Nigeria by his Nigerian parents. He considers himself a proud Nigerian American.

Today, he is a marketing addict, trainer, marketing and business consultant, real estate investor and all around serial entrepreneur. Most importantly, he is husband and a father. The professional work he is mostly proud of is personally helping 1,000+ entrepreneurs around the world reach greater heights in their careers.

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