Investor · Texas/Colorado · Member since 2014 · 72 posts · 36 votes
Hello BP,
My mailers went out over the weekend, my Google Voice is set up, and my CRM is ready to go thanks to Jerry Puckett. I started with 400 and my intention is to ramp up each month over the course of the year. I am using mailers to try to find my first rehab. My intention is to wholesale anything that's a good lead but not a good fit for my real estate goals. I will keep everyone posted on my progress, my successes, and my mistakes...wish me luck.
Investor · Texas/Colorado · Member since 2014 · 72 posts · 36 votes
11y
Thanks for the support everyone! So I had a few more calls that didn't really lead anywhere but did give me some great practice. I did have one call that was productive enough to make it worth going to their house. I scheduled the appointment for Wednesday (18th) and will update once it is over. The basics on the condo are as follows...
1) 3/2/2 built in 1974.
2) Needs some updating and the seller gives it a 6 on a scale of 1 to 10 (learned this on Buy Sell Fix Flip podcast).
3) It is fully paid off.
4) Smaller condos (2/2) in the area are selling for $55k. I am waiting for my agent friend to give me sold comps for the area.
Regardless of what happens I look at this as an AMAZING opportunity to practice walking through a home with the owner and subtly encouraging them to critique it.
I love the BP podcast but I have learned far more real world things from the Buy Sell Fix Flip podcast by @Michael Quarles. I strongly encourage everyone to listen to it. The BP podcast pumps me up but the BSFF podcast feels like school.
Investor · Texas/Colorado · Member since 2014 · 72 posts · 36 votes
11y
Mailed 400 and so far...
8 Return to Sender
10 Calls - 6 Dead, 2 working, 1 Follow up
Not overly impressive numbers but still happy with the activity. I purchased 50 bandit signs and place 10 over the weekend. I am going to increase it to 20 next weekend. I put them out at 12 am Saturday and pulled them at 8pm Sunday. I lost three signs .
The property had a Century 21 sign in front of it so this is a dead lead. I am going to let her know that I only deal directly with sellers so I won't be able to purchase this property but to keep me in mind if she decides to sell another property in the future.
Hi Carey, I'm curious why working with an agent is dead in the water? Wouldn't this be the same as you Realtor friend giving you a lead out of MLS?