107 » Develop That Ready, Fire, Aim Mentality » Chris Seder




Real Estate Investing Mastery Podcast show

Summary: In this episode, Alex and I are talking with a great young investor – Chris Seder. Chris grew up around REI because his dad was in the business in Montana, but he didn’t really know the ins and outs of the industry until he decided to jump into it himself when he graduated college in 2009. A few bumps along the way – which he says actually were great learning moments – helped him reach success, and he’s now doing rehabs in 5 markets – in Montana and through virtual deals. In today’s episode, Chris talks to us about his marketing and direct mail postcards and what exactly they say; why he gave limited power of attorney to his acquisitions manager; and, perhaps most importantly, why you’ve just gotta pull the trigger to start investing and learn as you go. Lots of good info, so get going… Listen and enjoy: What's inside: 5:40 – Alex tells us about his most recent awesome deal 9:35 – Chris tells us about his background in REI 16:55 – How much of Chris’ deals are done virtually and the types of deals he does 20:43 – How Chris got started in virtual wholesaling 33:25 – Using a branded phone number for sellers to reach you 39:25 – Chris’ direct mail marketing and the markets he’s in 47:26 - How Chris handles the paperwork to close the deal and get paid 57:58 – Chris shares some helpful numbers with us 1:04:25 – Chris’ favorite lists Mentioned in this episode: Chris’ website <a href="http://www.VirtualFlips.com" target="_blank">Virtual Flips</a> <a href="http://www.zillow.com" target="_blank">Zillow</a> <a href="http://www.podio.com" target="_blank">Podio</a> <a href="http://www.freedomsoft.com" target="_blank">Freedom Soft</a> <a href="http://www.realflow.com" target="_blank">Real Flow</a> <a href="http://www.evernote.com" target="_blank">Evernote</a> <a href="http://www.zoho.com" target="_blank">Zoho</a> <a href="https://www.rentometer.com" target="_blank">Rentometer</a> <a href="https://click2mail.com" target="_blank">Click 2 Mail</a> <a href="https://www.google.com/adwords" target="_blank">Google Pay-Per-Click</a> <a href="http://www.patlive.com" target="_blank">PAT Live</a> <a href="http://www.1800fairoffer.com" target="_blank">1-800-FAIR-OFFER</a> Joe’s new site <a href="http://automatedwholesaling.com/" target="_blank">Automated Wholesaling</a> Alex and Joe’s <a href="http://www.realestateinvestingmastery.com" target="_blank">Fast Cash Survival Kit</a> <a href="http://www.RealEstateInvestingMastery.com" target="_blank">Real Estate Investing Mastery</a> Tweetables: [Tweet "Reinvesting some of your profits into marketing is really important. It’s a must. I love that"] [Tweet "You’ve got to be persistent. You’ve got to be consistent. Don’t quit or give up"] [Tweet "Follow the $. The public records provide a perfect road map for that. You can never go broke making $"] Transcription: <a href="http://www.realestateinvestingmastery.com/wp-content/uploads/2015/04/REIM-107-Develop-That-Ready-Fire-Aim-Mentality.pdf" target="_blank">Download episode transcript in PDF format here...</a> Joe:      Welcome, this is the Real Estate Investing Mastery podcast. Hey, welcome everybody. This is the one and only Real Estate Investing Mastery Podcast. I’m glad you are here. I’m excited about this show as always. I’m always excited about these shows, but, especially this one because we are interviewing a cool cat. Is it okay to say cool cat these days, Alex? Alex:    Well, I don’t know. Chris:   I think you could say cool cat. That’s all right. Joe:      Yeah. I’m just trying to be hip. Anyway… Chris:   You caught me with the times from the ‘50s. Joe:      Yeah. Yeah. So, this guy, Chris is actually from Montana. And, either Chris or one if his assistants reached out to me and said, "Hey, you might want to give Chris a shout out and talk to him. You might be interested in what he has to say.” And I was like, "Yeah.