All Forum Posts by: Account Closed

Hi @Kelby K. - Sure, always happy to help man.  Its the same formula I've been using for 7+ years - Targeted letters.  I focus on non-owner occupied properties in the specific areas I buy (Even better if you can double up with delinquent taxes and out-of-county).  $4k is the cheapest and last year I rec'd a call from a seller on a $10,000,000 property and everything else in between. 

My two favorite forms of mktg for deals are targeted letters and Facebook (which has become a goldmine for me).  I

Hi @Sonu Sharma - Its really easy to just do it yourself.  You can setup a free FB business page (BillyBuysRealEstate is mine) and then I use the boost post paid functionality.  I love it because you can be EXTREMELY targeted with your marketing. 

I was just telling a colleague yesterday that I can now sell properties faster over FB than the MLS........which also means I'm not buying a Buyer's Agent commission.

Hi @Bobby Terry and @Rebecca G. -

Craigslist use to be great several years ago but I don't use it (at all) anymore.  Have you ever considered using Facebook to buy and sell properties?  I'm having tremendous success with it. 

@Matthew Novelli - In Austin you can attend free seminars put on by Quest IRA who is a self-directed IRA provider with an office in Austin. I highly advise watching their webinar "The little IRA that could" as it jam packed with real life investor deals that are extremely creative and require a low capital investment.

@Jordan Santiago - Delinquent tax lists are a goldmine!!!!  Also, enhance your results by targeting those with delinquent taxes and live out-of-county. 

In my opinion, letters are VASTLY superior to postcards. 

You are definitely on the right track! 

When I started 8 years ago people said 'you can't do that, the r/e mkt is terrible, nobody is buying houses!'

When I moved to the Austin area people said 'you can't buy houses like that HERE!'

Most recently people say 'there's no good r/e deals anymore, the mkt is just TOO strong, you can't buy houses like that ANYMORE!'

I would be careful about listening to people who tell you what YOU can't do..............

Put the maximum contribution in a Self-Directed IRA and then use those funds to option/wholesale a property. You could literally be have exponential returns.

@Lisa Lincoln - well said!

“Compound interest is the eighth wonder of the world. He who understands it, earns it ... he who doesn't ... pays it.” -

I detest LAZY money.

It pains me to see good people who kill themselves at their job working for money and then allow that same hard-earned money to essentially sit on its rear-end…doing next to nothing…parked in some low-rate or no-rate investment.

I spend a significant amount of thought on making sure my portfolio is optimized. The staggering difference rate of return makes on the future value of your investments is astonishing.

EXAMPLES:

The value of $10,000 invested for 30 years earning:

3% - $24,272.62

6% - $57,434.91

12% - $299,599.22

Keep putting in the extra effort to find those great real estate deals.

You work hard for your money, now make sure it works hard for you!

Hi @Victoria Townsend -

If you will PM me your email address, I'll send you a recent article I wrote on SF and an old priv money pitchbook I put together.  You should be able to get some good selling points that you can use to entice the owner to seller finance to you.  

@Rivy S. - I should have mentioned it earlier, but a Self-Directed IRA is a wonderful tool to use when owner financing! something to consider