All Forum Posts by: Brad Srutowski

@Cody Alexander Thanks for the confirmation and correction, at least I know I am getting my basics down!!

@Justin Shields

  Justin, I think the answer to your questions to Mr. Quarles are as follows. (I too am new but trying to soak it all up in the forums and podcasts and looking for an experienced investor that I can do some work for in exchange for learning the ropes better.)

Text post card- Is simply as stated, a post card with a message written on it stating in one way or another that you want to buy their house.

Large post card will be simply a larger postcard, possibly even large enough to require the normal price stamp as opposed to the post card stamp. This post card will again have text written on it along with a call to action and possibly some catchy graphic or photo to draw attention.

A professional letter would be a letter that is written professionally/grammatically and must should sound like you are trying to solve a potential problem for them, example if they are pre foreclosure then the problem is them losing their house. To fix the problem and avoid destroying their credit you are offering to buy their house, of course find more pro's to why you should be utilized and con's that may occur if you are not utilized. Should be on a professional looking letterhead. Call to action of course included in any and all mail pieces. 

greeting card- I believe this is again simply a greeting card with a short message stating you have been trying to contact person to offer your services and to contact you in regards to how you may be able to help.

Zip- this is the type of envelope that you have to tear off perforated edges on and then open up, looks like it is important mail. This again will have a call to action for them to avoid a potentially negative situation if they do not utilize your services. 

Sorry, threw that together pretty quick and if it is not exactly what you were trying to say Mr. Quarles please correct as I am still learning the art of mailings :)

By the way Justin I recommend listening to the podcasts that Mr. Quarles was part off. Very good information there.  

I know this is an old feed but I tried staring a new feed and was not getting any response. I am hoping someone might be able to tell me the disadvantages to the seller on subject to, for example since the debt is in their name still what is the likely hood that they could get another home loan if they are trying to get into something they can afford? I guess I am just trying to understand the down sides from seller perspective so that I have answers and can properly inform them.

@Antonio ColemanGreat advise. I am trying to utilize your previous blogs to set up a useful and successful website. Still in process and dont have the money to implement it yet, but i plan to follow your suggestions in your series of blogs to attempt to dominate my local market. I bring up the website because your blogs often talked about educating potential sellers just as you mentioned for the yellow letter. 

We had lived in our condo in CA for 2 years and then rented it out while we rented a house to live in. Since this property was an investment as a rental will we have to pay capital gains on it or can we sell and put the money without paying gains and use as down payment to buy a house of our own? Please only those who are CA tax and real estate savvy advise or if you can recommend someone for me to contact I would greatly appreciate. We just want to know if we can sell and use for down payment for a primary resident without getting half the profit taken away.

Great questions! I wish I could be of good advise on that one for you. I am currently marketing towards probates as well doing both direct mail and phone calls. Only been in the niche for a few months but no dice yet, I am optimistic though. I am in Riverside/Corona area. Hopefully we can get a good response to your questions!

I am trying to better inform and educate myself on subject to purchase so that I can utilize this as a purchase strategy. I have not however, been able to find information on how this effects the seller. I understand that I will be assuming their loan and they therefore no longer pay on it, but since the loan is still in their name will they be denied the opportunity to rent an apartment or try and obtain another loan for a more affordable house since this loan will remain in their name? I am trying to make sure I understand all their risks as well as some of potential downfalls for the seller such as trying to qualify for another roof over their head. Thank you for any respond. I just want to make sure I am truly looking out for potential sellers well being as well as business well being. Thank you any and all as I am a beginning investor looking to get business going and pull the trigger, but still have so much to learn!