All Forum Posts by: Austin Bright

I am an investor in Dallas, Texas. I've been pulling vacant lots and SFHs from propstream for 8 months and texting them. 8 months and 100,000+ addresses later, I have difficulty find new addresses that I haven't pulled before. My criteria is already very wide (build,sqft, # of bds, occupied (Y/N), price. I've done it all), because I focus on volume (15-20K leads pulled per month) to get cost per lead low.

Is it time to cancel and go to any lead source such as batchleads? Will I just encounter the same issue? How have you handled this issue?

Lol. It takes several contacts for each lead. You might have to text someone once a month for a year. It may be that your message is no good. You probably have been blocked by the telcos since you do such heavy volume. (Spam, you know ;-)

Have you tried calling them instead?

Volume does not equal quality.

Thanks! I've currently closed 1-5 deals a month this year, but need to more leads.Yes I follow up with my leads once a month and call them if we align on a ball park offer. No I'm not being blocked. My delivery rates are around 90%+. My question is how many leads are available on propstream vs batchleads or other source

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Is it time to cancel and go to any lead source such as batchleads? Will I just encounter the same issue? How have you handled this issue?

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What about Google AdWords? FB Ads?

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Dallas, Texas

Quote from @Don Konipol: How much does good SEO cost a month? I’ve heard around $5,000 a month.

Currently I spend $1,300 a month and close 1-2 deals using texting automation. That’s far more cost effective for me. 1 or 2 months of no deals from SEO @ $5,000 per month will wipe out nearly all profit I’ve made in the last 2 yrs. That’s a huge gamble.

Quote from @Austin Bright:

All,

I've spent the past year marketing to sellers whose information I got from propstream & property radar. I have gotten roughly 30 deals of vacant residential lots & SFHs (owner occupied/non-owner occupied/vancant) under contract.

After 100K+ addresses, I'm beginning to hit a wall with finding new motivated sellers. What are some other quality list sources with accurate information? What happens after I exhaust those?

Austin

There’s lots I disagree with as to @Jerryll Noorden, but I agree strongly with his above post.

Lists of foreclosures, out of town owners, etc., are more likely to contain sellers motivated at this time than a general list of property owners, yes. However, these lists have been worked so hard, so often, that it is exceedingly difficult to profit using direct mail, direct solicitation, etc. can be done, but takes a consistent program with a fairly high level of spending to make it worth while. it did work much better 40 years ago before everyone and his brother started doing it.

Having your targeted audience come to you is a much easier way to do business. While I have no experience with a ‘we buy homes’ website, and I would imagine it would take a very well designed site to stand out from the others, I do have extensive experience with our hard money lending website.

When I first rolled out the site it was a cookie cutter pasted from a free program from a hosting service. And while we got a fair number of hits, conversion was a problem. I then learned web development, upgraded the site, and the result was more quality hits, more conversions, more loans.

After a while the competition caught up and passed us. I hired a web master, who utilized a SEO specialist as well as a developer to maximize the site, utilizing testing and various other tools I knew little about. We had a jump again in hits, conversions and loans, and sailed nicely through the next three years.

I made the decision this year to see if I gave our web master a free hand and let her suggest a budget, if that would lead to even better results. So I spent an additional $10k on web site redesign and SEO, and the results have been incredible. Our bottom line is up 55% this year, and all of the increase is a result of increased deal flow originating from our web presence. Take from this whatever you want, but I’m sold.

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Dallas, Texas

All,

After 100K+ addresses, I'm beginning to hit a wall with finding new motivated sellers. What are some other quality list sources with accurate information? What happens after I exhaust those?

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All,

After 100K+ addresses, I'm beginning to hit a wall with finding new motivated sellers. What are some other quality list sources with accurate information? What happens after I exhaust those?

Austin

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Dallas, Texas

I pull and export 10,000s of records for properties and land every month for the DFW, TX area. About 30% to even 50% of my address searches comeback as "Cherry Ln" instead of "123 Cherry Ln" Is the a higher level subscription that can get me complete data? Is there an alternative. I really don't even use the rest of propstream's features. I really just need a high quality lead source with complete data that I can pull and export by the 10s of thousands. I also want to make sure I don't pull duplicate addresses that I already exported in prior weeks. Any Recommendations?

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Quote from @Kevin Scott:

@Austin Bright those are good numbers if it is accuracy at that price. Are they bulk or one off skips.

Bulk.

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What are the most accurate skip-tracing tools out there?

-Whitepages?

-TLOXP?

-Been verified?

Is it better to hire a free-lancer? Right now I use someone that charges .02-.04 per record with maybe 60-70% accuracy. Curious how to maximize accuracy.

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All Forum Posts by: Austin Bright

Austin Bright has started 57 posts and replied 151 times.

Post: Running out of leads on Propstream

Post: Running out of leads on Propstream

Post: Running out of leads on Propstream

Post: Best lead sources for motivated sellers

Post: Best lead sources for motivated sellers

Post: Best lead sources for motivated sellers

Post: Best lead sources for motivated sellers

Post: PropStream Address Completeness

Post: Most Accurate Skip Tracing?

Post: Most Accurate Skip Tracing?