Flip ‘r Rent
Posted on | May 24, 2007 | No Comments
When I am out in the field working, if I am not taking calls I am making calls. Today was the day for conversations with real estate investors.
As you may know, I call field reps around the country just about every day. I try to call as many field reps as I can without it causing me to have my own production problems. I have been gathering names, e-mail addresses, phone numbers and the like for many years. Every time someone would mention another field rep I would make notes. There are well over a thousand names with contact info in my field notes.
Today two of the people I called said they are no longer doing field services work. They are now both real estate investors. I could not help but be curious which really came first, the field services or the real estate investing.
I got sort of dizzy and thought I might be in a Twilight Zone re-run or something. I ran two routes today, fourteen and forty two, (14•7.50) + (42•6.50), and on both routes found an investor in a house. You know me. I’m shy, so our conversations usually only lasted thirty to forty minutes. That’s one of the reasons why I was gone ten hours when I should have been gone about six or seven.
Both of the investors told me they had purchased the house at the court house auction. Both said they would flip or rent depending on what they felt best about when their purchase was cleaned up and fixed up. Hmmm. Two former field reps now investors; two investors buying houses here in town – it started me thinking.Another thing I found out was that a lot of people that have been in the field services business just vanish. Sometimes the phone will ring with no answer, sometimes there is an answering machine and other times there is the announcement telling me that I have called a non-working number. I got about twenty of those today and it started me thinking some more.
I will try to wrap up the week early tomorrow. I hope to be home by noon. We are planning a nice long holiday weekend and since I’m a slow learner, I’m going to go out by the pool and practice doing a lot of nothing.
I never realized how mediocre the world was until I got involved with some of its supposedly top people.
Mason Williams
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