How to Knock Doors to Your First Deal

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  • Опубліковано 1 чер 2024
  • Pace Morby and foreclosure expert Michael Franke break down the simplest plan for finding and closing a foreclosure real estate deal. They explain why targeting foreclosure leads is a smart strategy to focus on because of the timeline aspect. Michael describes his process - door-knocking - and how the chances of getting a deal are significantly higher than relying on cold-calling. With door-knocking foreclosures in mind, they lay out a step-by-step game plan to follow that ensures you close your first foreclosure deal.
    Other than walking you through a specific action plan, Pace and Michael answer common yet important questions that people might have before they start door-knocking foreclosure leads: what do you say? What do you wear? When is the best time to door-knock? What if nobody answers? If you want to focus on foreclosure leads and more specifically, want to begin door-knocking to getting deals, this is a must-watch for you!
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    Chapters:
    0:00 - Intro
    0:38 - Why Go After Foreclosures?
    3:14 - Expect Challenges
    4:54 - How to Find Data
    10:36 - Organize Data
    12:29 - Skiptrace
    15:23 - Door-Knocking
    25:33 - If They Answer Door?
    31:09 - If They Don’t Answer Door?
    37:58 - Follow-Up
    45:00 - How Many Doors?
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    🚧🚧🚧 DISCLAIMER 🚧🚧🚧
    ❎ I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. The content in these videos shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a UA-cam video for entertainment purposes ONLY ❎

КОМЕНТАРІ • 52

  • @jobear644
    @jobear644 23 дні тому +21

    Today was my first day door knocking

  • @cobbins13
    @cobbins13 22 дні тому +2

    Info on the how. Real expectations. And from what I see… I’m guessing this was a “student” that’s now growing into leadership with active, real time mentorship from the man himself. Gold.

  • @user-hu9fx8yf2v
    @user-hu9fx8yf2v 20 днів тому +2

    So much gold in this video!

  • @tragulaspeaksrealtor
    @tragulaspeaksrealtor 17 днів тому

    I’m looking forward to the next video in this foreclosure series!! I’ve sent out 300 letters in the last 1.5 weeks. Calling those same leads this week and next week.

  • @LowRotor
    @LowRotor 20 днів тому +2

    I door knocked every pre foreclosure in my area last week, 18, a left hand written post-its. A couple contracts were in denial, 1 already figured it out and still waiting to hear back from 15ish

    • @PaceMorby
      @PaceMorby  19 днів тому +1

      Better than doing nothing! Good luck

    • @dienekes4364
      @dienekes4364 5 днів тому

      How's it going? Have you gotten any more leads?

  • @oldskoolfunk71
    @oldskoolfunk71 22 дні тому +1

    17:57 Gold! Thank you both for this amazing video.

    • @PaceMorby
      @PaceMorby  17 днів тому

      Glad you got some value from it!

  • @mr.hudgins1021
    @mr.hudgins1021 22 дні тому +3

    Hi my name is _____________, I noticed your lender is giving you grief and there's a foreclosure sale coming up. Hopefully you've got that taken care of, I just wanted to drop by and see how I can help...

  • @markelkhill4093
    @markelkhill4093 22 дні тому +1

    Hey guys thanks a TON for doing this series~! This is where we are starting so it's super helpful. Just FYI it would make it a bit easier to find these videos if you add a number to them. Either way, thank you, thank you, thank you~!!!

  • @bigdavebangs9191
    @bigdavebangs9191 22 дні тому +1

    Great content very helpful thank you for your time to give us this

  • @JoeFromLasVegas
    @JoeFromLasVegas 22 дні тому +1

    Can you let me know when the information on the 5 options will be talked about and also a good way when we talk to people is to plant the seed and cultivate it into a takeover, please keep me abreast.

  • @michaelperon1793
    @michaelperon1793 2 дні тому

    how do get the script for phone and at the door?

  • @arturocortez4175
    @arturocortez4175 15 днів тому

    How do you handle getting payoff N reinstatement....that's where l get stuck....3 wks waiting for usda to respond

  • @greghellings
    @greghellings 22 дні тому +2

    I've knocked on one door. Seller only wanted to use an agent. 99 to go!

    • @PaceMorby
      @PaceMorby  17 днів тому

      Way to go for not giving up, you got this!

  • @kimberlywilliams3490
    @kimberlywilliams3490 21 день тому +1

    If I go to a door and a sticky note is there that is not mine….I’M taking that sticky note with me. 😎🤣✌️

  • @christophersaenz7605
    @christophersaenz7605 14 днів тому

    Taking the challenge XD Let's see how it goes. Bonus: I'm an agent just in case :P

  • @AlEntrepreneur
    @AlEntrepreneur 19 днів тому

    🔥🔥🔥 *Great info!!! Where are the other 2 videos in the playlist?* 🤔🤔🤔

    • @PaceMorby
      @PaceMorby  17 днів тому

      Here's the playlist ua-cam.com/play/PL2Y6uEs9DYr3PUUSdPj6Ci8m62KX_nYwo.html&feature=shared

  • @Aarontaylor354
    @Aarontaylor354 21 день тому

    Do you need a solicitor’s permit to doorknock in ga?

  • @stormescheidt9253
    @stormescheidt9253 22 дні тому

    What is the next steps??? What do we do next if the seller agrees to seller financing etc. These videos are too good !!

    • @user-hu9fx8yf2v
      @user-hu9fx8yf2v 21 день тому

      Depends what your exit strategy is. Is it in your buybox? Will the property be profitable? Do you have the capital (total cost to acquire property) ? You can always reassign the property for a fee to another investor. If you are able to acquire it yourself and it’s in your buybox, I would find yourself a transaction coordinator to help you throughout the process. I got one on my first transaction and it cost me $900 and they helped me every step of the way.

    • @PaceMorby
      @PaceMorby  17 днів тому

      Stay tuned for more videos dropping soon

  • @OccupiedBot
    @OccupiedBot 9 днів тому

    Anybody do foreclosures in Dallas?

  • @ayelettamir6431
    @ayelettamir6431 18 днів тому

    I’m in

  • @Pcoxproductions
    @Pcoxproductions 15 днів тому

    I’m up for the 5k foreclosure challenge

  • @user-hu9fx8yf2v
    @user-hu9fx8yf2v 20 днів тому

    Can you make an episode count so its easier to find and we can follow along better?

    • @PaceMorby
      @PaceMorby  19 днів тому

      When every video in the series is out, I'll make a playlist

  • @J03L_vice
    @J03L_vice 14 днів тому

    why are the other 2 videos hidden?

    • @PaceMorby
      @PaceMorby  10 днів тому +1

      They're not out yet

    • @J03L_vice
      @J03L_vice 8 днів тому

      @@PaceMorby can’t wait for the next one

  • @dylanbarbeau1406
    @dylanbarbeau1406 12 днів тому

    Where is video #3?

    • @PaceMorby
      @PaceMorby  11 днів тому +1

      See the full playlist here: ua-cam.com/play/PL2Y6uEs9DYr3PUUSdPj6Ci8m62KX_nYwo.html&feature=shared

  • @InvestBuildEmpower
    @InvestBuildEmpower 21 день тому +1

    This is really area based. Be careful knocking on doors in major markets. Lots of neighborhoods have issues with people door knocking and won't be nice.

    • @user-hu9fx8yf2v
      @user-hu9fx8yf2v 21 день тому +1

      This is part of the game, they literally talked about this in the beginning…did you not watch lol? Like Pace said, it’s simple but not easy. It’s going to be a lot of hard work, you might get spit on or have a gun pulled on you…if you push past it, you will find success

  • @thehousebuyer4545
    @thehousebuyer4545 21 день тому

    I’ll take the challenge. Are you talking 100 houses, 3 knocks each? 300 knocks.

  • @anthonykence9954
    @anthonykence9954 23 дні тому +1

    I will door knock

  • @Kaisersales
    @Kaisersales 11 днів тому

    I sell solar been knocking doors for 6 years id be a pro in this niche but solar pays more

  • @ernestocarrillo7
    @ernestocarrillo7 23 дні тому +1

    Freaking genius door knocking script.

  • @MichaelSMahone
    @MichaelSMahone 23 дні тому +4

    yay I got 1st place in comments 🥇stay in driveway to update your records and they will come outside to talk