All Forum Posts by: Duane Alexander

Look into Lima One Capital. I believe they don’t have the W2 requirements. They don’t pull your credit at all either. They only care about the deal. Higher rate but it’s an option for you. 

what are your goals? You trying to flip or build a rental portfolio? Both are good for appreciation but it will be hard to cash flow. Both are expensive for the atl market.  I would definitely flip a house in either location if I could get it at a discount, but I probably wouldn't try to buy a rental in either. The prices are too high compared to the rent you can get.

The problem you'll find in Atlanta, and I imagine Houston as well, is that those are very competitive markets which means it will be hard to find brrrr'able (yes I just made that up) deals. You won't be able to simply look on zillow and find a house in atlanta you'll be able to BRRRR and cash flow on while getting anything close to 100% of your money back out on a refinance. Finding deals is tough in those markets unless you're prepared to go off market.

finding motivated sellers is a numbers game. How many mailers are you sending out, how many calls are you making? You said you're targeting Liens, Probate,and Pre-forclosure, I would guess you're not hitting that many people. Try a more broad list like Absentee High Equity. That's been my bread and butter. I would stick to cold calling and texting. Hire some VA's to cold call and qualify. Step up your sales game so you can close the deals. If you have a nice budget (3k or more in a decent sized market or don't waste your time), definitely get a website and do PPC. I get 1-2 deals a month off of PPC alone. 1-2 deals a month cold calling and texting with 2 VA's and a Lead manager. YMMV

Get propstream now. It's the best tool for comping and a great way to build lists. I wouldn't worry about finding buyers until you get a deal. Focus your energy on learning how to talk to prospects and finding a good deal. Good deals sell themselves. And with propstream it is very easy to find buyers.

 if you're looking for free leads, go ahead on zillow and call for sale by owners. Probably will be hard to find a good deal there, but it's good free practice. Then when you're ready go ahead and get propstream so you can start calling off market home owners. That's where the deals are. 

If you're trying to find leads for wholesaling, zillow or the MLS in general is the last place you should be looking unless you're just a glutton for punishment. Haven't looked for properties on zillow in ages.

I wouldn't even worry about buyers until you have a good deal. Finding buyers is easy peasy. You can literally pull a list of active cash buyers in whatever zip code your deal is in using propstream in under 2 minutes. 

I disagree with this. You don't want to wait until you're overwhelmed with leads to get a CRM. It's good to get ahead of that. OP I use resimpli and love it. I've heard good things about freedomsoft too though. Resimpli has great customer service, you can literally post in their fb group about a concern or feature request and they will update the app with the feature you requested the next day. 

You always give good insight. What dialer do you have your callers using? How many callers do you have?