All Forum Posts by: Benjamin Carver

Hey! I'm a local investor too. Would love to connect sometime :)

 Followed you on Insta!!! What type of meet ups do you go to? same for groups? I find that most of these are ran by other agents.

 As someone who doesn't have a massive sphere in their market, best specific advice for networking to grow that sphere quickly? I'd rather spend time meeting people and fostering real relationships than driving people bonkers with cold calls!

Andrew, comps can be hard in Chapel Hill with less volume to go off of or in your case maybe a specific floorplan layout. I had the exact same issue on my split level house hack. So any appraiser will tell you to prioritize location, usually 1-2 miles max and ideally under 3-6 months. But I often have to go to 3 miles and out to a year. And sometimes that isn't enough. I'd make sure your comps are very similar in layout and condition, similar updates, etc. And then adjust for the growth in prices across time OR/AND adjust for price difference across distance if going a little further out than ideal. A good agent should be able to do this alongside you. And SOMETIMES it's more of an art than a science and becomes less about comps and more about what it's worth to you, do the numbers make sense, and will it appraise.

Hey! I'm a house hacker in the Triangle! Happy to connect :)

Hey Jordan I'm a local agent and investor here in Raleigh. If you want to talk VA Investing with multi-family in Wake County reach out and we can set up a time to chat about this. We work with a lot of VA and investors

Hey Faris! I do house hacking here in Raleigh. We use STR through airbnb and cover most of our mortgage. Really cool rewarding strategy if you want to learn more definitely reach out

Hey Justin, I have a home builder who's local, and can do it super affordably. We also have custom home builders depending on what you're looking for. I'm focused on the Raleigh side of the triangle.

My Top 3:

1. Zillow Flex - hot, quick leads. Can't control flow of leads, so I quickly hit a ceiling with it, and Zillow takes 40% OUCH!

2. Social Media - longterm strategy, I get a few leads a month, but expect it to compound with time

3. Networking - I meet people in person and online, here for example, trying to build up my SOI

My Worst 3:

1. Open Houses - I always feel like I've wasted time by doing one. Not a lot of traffic, most have an agent, and even if I force everyone to sign in, they often give school emails or bogus numbers. 

2. Cold Calls - I find this extremely draining and it comes out when I do call. I know most successful agents do this so I've been trying to get back on that horse.

3. Referrals - Have not been in the game long enough to get past clients returning or referring out. Could get better about PC follow-up and asking for business. Also interested in agent referrals, a whole other ballpark I have not began to look into.

Question for anyone who cold calls: What's your pickup rate and overall conversion rate? How many calls do you make a day to achieve your goals?
Question for my open house people: What makes these successful for you?

Put your top 3, bottom 3, and any questions or tips for others below

I saw you were going new construction. One more thing to keep in mind Travis. Get clear with builder on property taxes as they can go up in year 2 quite a bit in some cases. Just something to be aware of. Definitely reach out when you get closer, I do a lot of new construction deals