Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
Followed Discussions Followed Categories Followed People Followed Locations
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Duane Alexander

Duane Alexander has started 18 posts and replied 244 times.

Post: what’s the most efficient way to find first wholesale deal?

Duane AlexanderPosted
  • Investor
  • Atlanta, GA
  • Posts 253
  • Votes 240
Originally posted by @Segun Agaja:

@Account Closed beyond driving for dollars, what would you say are 2-3 of more of the effective strategies (with a budget up to a 150-200$/month marketing budget)? I have been using list from PropStream, but as I call, I’m running into many sellers that have been getting tons of calls - I’m thinking I may need a more niche list. What’s your thoughts?

 Nope you just need to make more calls. Most people need to make around 2k calls to get that first deal.

Post: Text Message Marketing Advice

Duane AlexanderPosted
  • Investor
  • Atlanta, GA
  • Posts 253
  • Votes 240

Text messaging blasting is going to be drastically regulated in the next few months. As an alternative you can just cold call. 

Post: Whats a good phone system

Duane AlexanderPosted
  • Investor
  • Atlanta, GA
  • Posts 253
  • Votes 240

if you're cold calling I'd recommend something that offers a multi dialer. Call Tools, Mojo dialer, Xen Call, Batch Dialer are among the industry standards. 

Post: What has been your best Lead Generating Wholesale deals come from

Duane AlexanderPosted
  • Investor
  • Atlanta, GA
  • Posts 253
  • Votes 240
Originally posted by @Tim Oppelt:

@Duane Alexander love your posts man! Excited to be working with ya on ppc! 

With that said, SEO and PPC have been our best lead source!!! But, don’t do ppc unless you have 3-6 months of budget upfront!

 heck yeah, I can't wait!

Post: Marketing Strategies Wholesaling

Duane AlexanderPosted
  • Investor
  • Atlanta, GA
  • Posts 253
  • Votes 240

If all it took was 200 a month to get 1-2 deals a month (i.e. 10-20k a month) then we'd all be very rich. If you're on a budget I'd suggest getting really good at cold calling. Even then it's still a numbers game and will probably take you around 90 days and THOUSANDS of calls to get your first deal. But all you really need is one. You may get a deal more frequently than that after your first by following up on leads you've gathered. Focusing on a website and SEO is something everyone should be doing (hi Coach Jerryll 👋🏽), just keep in mind that it takes a lot of time for all of that to come to fruition.

Post: What has been your best Lead Generating Wholesale deals come from

Duane AlexanderPosted
  • Investor
  • Atlanta, GA
  • Posts 253
  • Votes 240

The best marketing channel is whatever channel you can afford and whatever you're good and consistent at. The people that are doing 3-5 deals a month probably either spend a lot of money in marketing (direct mail, ppc, etc) or spend a lot of money hiring people and building out teams to do cheaper forms of marketing like cold calling. Another option is SEO which is free (cost a lot to have someone do it for you or teach you though) and very profitable if you do it right and are ranking #1 in your market. That takes awhile to come to fruition though. 

Post: 1st KC Trip Recommendations

Duane AlexanderPosted
  • Investor
  • Atlanta, GA
  • Posts 253
  • Votes 240

Yeah if you can find a hotel on the Plaza, you will love that. Steven's list is pretty spot on. I'll be back in KC the weekend of the 23rd. Can't wait to get some Jack Stack BBQ!

Post: Off Market Purchase - Seller Requested No Realtors

Duane AlexanderPosted
  • Investor
  • Atlanta, GA
  • Posts 253
  • Votes 240
Originally posted by @Cole Leonida:

@Duane Alexander thanks for the other side of the coin. Anything I should look for in a good title company/closing attorney?

If you’re in a good local Facebook group for real estate investors, your local reia may have a group, ask them for recommendations for a good title company or attorney. The people that come up multiple times, that’s who you want to talk to. Good luck and congrats on your deal.

Post: Off Market Purchase - Seller Requested No Realtors

Duane AlexanderPosted
  • Investor
  • Atlanta, GA
  • Posts 253
  • Votes 240

wholesalers close deals without agents every single day. All you need is a good purchase agreement and a good title company/closing attorney. The title company/closing attorney can provide you the purchase agreement and walk you through or take care of the transactional details needed. 

Post: Wholesaling in competitive market

Duane AlexanderPosted
  • Investor
  • Atlanta, GA
  • Posts 253
  • Votes 240

I don't know what it's like to wholesale in LA as I have zero experience, but someone I know just closed his first deal for 45k out there, so it's definitely possible. He had been cold calling since July. So don't give up.