All Forum Posts by: Duane Alexander
Duane Alexander has started 18 posts and replied 244 times.
Post: Wholesaling cold call
- Investor
- Atlanta, GA
- Posts 253
- Votes 240
30 people is nothing. It takes me around 70 dials just to get someone to pick up the phone sometimes. It takes around 2000 dials to get a deal deal. Get a multiline dialer. It's all a numbers game and follow up is key. No one said this is easy.
Post: First Potential Wholesaling Deal
- Investor
- Atlanta, GA
- Posts 253
- Votes 240
What happens next is you'll probably be outbid by like 14 people all offering cash and no due dilligence lol. This market is crazy right now!
Post: Paying someone to pull lists and skiptrace
- Investor
- Atlanta, GA
- Posts 253
- Votes 240
I never understood why anyone would pay someone to do this. It's not really that hard to grab a list off of propstream, export then import into batchskiptracing. Literally takes 4 minutes.
Post: Propstream as single system?
- Investor
- Atlanta, GA
- Posts 253
- Votes 240
propstream does not have a dialer and is not a crm. Their skip tracing supposedly isn't as good as for example batchskiptracing. Having said that, it's a great tool and I would never cancel my subscription.
Post: Anyone familiar with the Collier Heights neighborhood in Atlanta?
- Investor
- Atlanta, GA
- Posts 253
- Votes 240
Originally posted by @Kevin Polite:
@Duane Alexander Agree with @Kelly Rambo and @Randy Lee
However, at $100k sounds like a good deal and as heard as they are to find today and without knowing details and condition, I snap it up quickly at that price. As far as Collier Heights Check out the history of this historic neighborhood. It’s a great story.
Yeah I actually meant Carroll Heights in my original post. I'm definitely familiar with the history of Collier Heights, Bankhead, etc. Was just a little confused as to why I didn't see as high as ARV's across 285 in Carroll and Fairburn Heights.
Post: Anyone familiar with the Collier Heights neighborhood in Atlanta?
- Investor
- Atlanta, GA
- Posts 253
- Votes 240
Originally posted by @Kelly Rambo:
Completely agree with @Randy Lee. Fairburn Heights and Carroll Heights are both 30331, but Collier Heights is 30318. There is some appreciation in those areas, but not quite like 30318. Good luck!
Yeah I actually meant Carroll Heights in my original post. Do you think that Carroll Heights has a chance to be as hot as Collier Heights in the next few years?
Post: Anyone familiar with the Collier Heights neighborhood in Atlanta?
- Investor
- Atlanta, GA
- Posts 253
- Votes 240
@Randy Lee sorry I meant Carroll Heights. It’s directly across 285 from Collier Heights
Post: Best ringless voicemail drop service?
- Investor
- Atlanta, GA
- Posts 253
- Votes 240
Originally posted by @Bill B.:
I thought they went away? Thank goodness at&t started blocking these calls/emails a year or two ago. Has the FCC stopped prosecuting the unsolicited calls/texts? I remember when lawyers used to offer to help victims claim fines via lawsuit.
trace act will definitely affect the RVM market. I'd stay away.
Post: Anyone familiar with the Collier Heights neighborhood in Atlanta?
- Investor
- Atlanta, GA
- Posts 253
- Votes 240
Hey guys. I'm thinking about putting an off market house under contract in the Collier Heights neighborhood in 30331. Seems like a decent neighborhood from driving through during the day time. I'll be getting it for 100k. Rents cap out around 1300 a month. One thing I noticed though is that rehabbed houses are only going for around 200k. However right across 285 in 30318, rehabbed houses are going for around 300k+. Why the difference? What can you tell me about 30331, more specifically the Collier Heights neighborhood? I'm thinking it may be a good long term appreciation play as more development comes toward the west side.
Post: Making wholesale offers
- Investor
- Atlanta, GA
- Posts 253
- Votes 240
Originally posted by @Ethan Neumann:
Exactly what @David Frandsen said.
I would really try to look for flip comps. Comps that were bought maybe 6 months prior to the last sale date and renovated give you the most accurate depiction of where you need to buy it at.
The tax value doesn't mean anything. However, this is something you will have to educate the homeowners on.
Adding onto this, I like seeing what the as-is comparable properties sold for cash within a .25-.5 mile radius from your subject property. This lets you know what investors are paying for homes they want to flip. Subtract your fee and that's your offer. That's how to come up with an offer quickly and easier without making a (bad) estimate of repair costs and multiplying by a percent, etc.