FROM MONTY - HOW TO GET MORE LOANS IN YOUR PIPELINE! EITHER YOU WANT SUCCESS OR YOU DON'T!

[Monty Yeager]

15 days ago one of our members, Shaun Tollman, made a post asking what to do to get more new business... he is a Mortgage Broker. My reply to him is below. This applies to ALL of you that offer funding. Either you want real, serious income (above $250,000 a year) or you don't. Either you are willing to get off your butt and make it happen or you are not. Here is how to do it and it is very easy but does require actual effort:

REALTORS, REALTORS, REALTORS!

Look guys, I was a Mortgage Broker for several years so I have some experience in this topic. For me, I wanted to have something that nobody else has so I built this website. 9 years later, I can pretty much close as many loans as I want each month... literally. Now let's say that most people will not take the time or the effort to build a website like this since there are literally 2 online that I know of right now, at least that are big enough to make someone serious money. That being said, Shaun Tollman wants to close more loans. Where does he get them???

If I needed more loan submissions and did not own this website, I would CALL every single Commercial Real Estate Agent that practices in the state where I live. If that didn't get me as many loans as I wanted, I would start CALLING the ones in neighboring states. Do not just email them. That goes to spam and they get 5 lender emails each week, maybe 10. CALL them on the phone. Tell them 3 things you can do to help get their clients funded better than their current funding sources!

Other sources:

* Facebook Groups if you don't mind constant anti-American politics to go with your loans

* The other big, actually much bigger real estate investment site that I will not name

* Purchase Refinance Leads

* Craigslist

* Instagram

* OTHER MORTGAGE BROKERS - Most Mortgage Brokers need help finding good funding for their clients. Help them out and you will BOTH make money!

To conclude... CALL COMMERCIAL REAL ESTATE AGENTS ON THE PHONE AND TELL THEM 3 THINGS YOU WILL DO FOR THEM AND THEIR CLIENTS THAT THEIR CURRENT LENDER WILL NOT.

I have been telling people to do this for years. Only ONE PERSON actually did this. Her name is Lisa Verholtz (my old Admin) and she no longer markets. The loans just come to her from the Realtors. She made nearly $900k in 2021. I asked her what her ytd was about a month ago and she said $595k so she is making another $900k or more this year and she no longer has to market.

Guys, you only get one life. Make some money, help others, volunteer, do good deeds, talk some shit, travel, have fun, and make money. My money making tip that none of you will ever do because you are lazy: CALL REALTORS AND ASK FOR THEIR BUYERS!

Monty

[Shaun Tollman]

Thanks Monty. I saw your previous reply to my post on here and I appreciate your advice. Since I started marketing to Realtors, not by email but by picking up the phone and making a friend, my loans have increased from maybe one loan every six weeks, to about three loans a month. My income from around $5k a month to well over $15k a month. Regardless what anyone else says, my life is better when I make more money. Without you always saying to call Realtors, I never would have done this. I owe it to you. You speak, I listen, my income increases. Keep the advice coming sir!

Tollman