Ray Zhang came to this country about 10 years ago with barely any money in his pocket. He was living out of his car and selling things off of Facebook Marketplace to make ends meet. On the backend, he was trying to make real estate investing work for him, and for six years, he just couldn’t make it click. In this episode, you learn how persistence is the key to finding your lucky break, why investing in yourself is the best investment you could ever do, and you will also learn about how to invest in vacant land deals.

 

Key Takeaways

• A little bit about Ray and how he got started in real estate.
• Ray was living out of his car and homeless and struggled in the real estate industry for six years.
• However, Ray kept working at it and he found a lucrative real estate niche: vacant land deals.
• What is a term investor?
• What types of properties is Ray investing in today?
• How does Ray find his leads?
• How does Ray figure out how much a vacant lot is worth?
• You have to keep your money safe. If Ray doesn’t have the data, he avoids the area completely.
• Ray currently works out of eight states.

 

Resources

REIDealFinders.club

Landflipinc.com

Ray on how he determines his lot prices

Ray on Instagram

 

Tools We Use Every Day in Our Business

Google Voice — Get a number.

Propstream.com — Data and list pulling.

LessAnnoyingVIP.com — CRM for keeping up with sellers or buyers.

SmarterContact — Text blasting service.

DealMachineVIP.com — Driving for Dollars App.

BatchSkipTracing — Find phone numbers to call. Use Promo — SKIP.

DirectMailVIP.com — Ryan Dixon is our mail coach. [email protected] — Let Ryan know you are from REI Live Columbia and he will be your mail coach.

CarrotVIP.com — Best way to build a site fast. Use this link for info.

LetsGoOffer.com — Easiest way to find your Max allowable offer.

REILiveCRM.com — The CRM that we use to track marketing and sellers.