All Forum Posts by: Jerry Puckett

 Of course you don't. There wasn't a chance that you were going to change your mind about anything. That's what makes this and all posts like it such a colossal waste of time. 

This is just the latest flash of wholesale hate. It's nothing new, certainly not original. But the wholesalers are still there, good and bad..... Right along with good and bad flippers, landlords, and *GASP* good and bad Agents and Brokers. 

If your opinion helps you to sleep better at night, more power to you....at least that isn't a waste.

@Michael Randle

Looks like Chrissy herself is a list broker and that she uses a version of Axiom and InfoBase data bases. Very similar to the white label products offered by Listability, and for that matter Click2mail. 

One of the downsides with any of those is that you are required to purchase a minimum which is often far in excess of what is wanted or needed.

I was an authorized re seller for Listability at one time and never found the Financial score to be a useful filter. 

Most data providers can go in depth with Age

@Colin L. YES!! Driving for dollars (D4$) done correctly is one of the most effective lists there is, period.

All,

Do you think that discussions like these are a pure waste of time and energy? I don't see how this adds any value, and if I am not mistaken, that is the crux of the argument, that wholesalers do not add value. 

Remembering that when one points a finger, there are 3 pointed back at themselves, before I waste another moment, someone please tell me; do all Licensed Agents pass the sniff test, or are there good ones and bad ones as in every other industry? As has been pointed out many, many times, wholesalers exist because there is a space in the industry that needs to be filled. 

Good wholesalers are hard to find. They need more buyers like a hole in the head. People with attitudes go to the end of the line. 

Conversely, bad wholesalers are easy to find. They want every call to be a lead and every lead to be a deal. They are desperate. They do not last long. If a there is a bad wholesaler out there giving you the blues, wait six months....I promise he or she will be gone. 

If a wholesaler does it right, and provides value to the investor in the form of an "off market" property at a great price, then someone is going to cry and say "had to have been predatory". Isn't that a paradox? In this little box, there is no room to win. It's a zero sum game yes? Get a good price, you're a predator; don't get a good price you're worthless.

I can tell bad Agent and broker horror stories all day long, but at the end of the day, my griping is not going to change the industry. Any more than yet another wholesaler rant is going to change a thing on Biggerpockets. 

I can tell good wholesaler stories until the cows come home, but it won't change the mind of someone who already has it made up.

Wow....there's 20 minutes I'll never get back. What was I thinking? 

Hi Cory,

 Kansas is a closed state. There is a state law (Kansas Open Records: K.S.A. 45-230. A good FAQ page on this law: http://ag.ks.gov/open-govt/kora-faq). 

KORA states:

This being the case companies like Listsource, MelissaData, Listability, et al. avoid even offering this information in Kansas.

HOWEVER...

According to the KORA FAQ:

Getting a list is possible. And while @Michael Quarles is correct in that direct mail is only one source of great leads, it is...IMHO...the lowest hanging fruit, where you will get the most bang for your buck.

He also speaks of key follow up systems including text, chat and email (like Calltext.com). How ever it is you decide you want to farm your leads, do make sure you develop a system to follow up. 25% of my entire business comes from following up with people who told me "no" the first time.

Looking back on the names you plan to pull....I'd suggest shortening length of ownership down to 7 years....your list is going to be smallish as it is. The deeper your inroad to this community, the better off you will be.

Hey @Patrick Walthall. Looks like you've been around the site for a while, but have not posted a whole lot...last time about 9 months ago. And now you're ready to forge ahead and get some things ramped up. May I ask, what's changed? What's got you ready to move and grow?

Direct mail for Real Estate has a long established track record. People like @Michael Quarles from  www.yellowletters.com have pioneered many of the techniques so many of us take for granted now.  (I can see that @McKinley Carbone voted your post up, so it seems like you are going to get the attention of tons of marketers, who, like Michael Quarles are not allowed to self promote without breaking the forum rules.)

Unlike the companies you've mentioned in your post, most of the marketers here focus on one thing: Real Estate. The other companies are not only too expensive for the job, they lack the practical know how that comes from closing deal after deal. It takes more than a printer and a knowledge of mail merge to be a marketer, and more than some pretty envelopes & quirky machines to succeed.

(Oh....and if someone shows up in your thread ranting about tying letters to bricks to throw through a window, just nod and smile....he really thinks he's educating people by acting that way and most of us just don't have the heart to tell him any differently :-)

Start with the folks mentioned in this thread. You won't have far to go to find quality work with a good ROI

Hope that helps.

 Please don't do this. If you require "partner's approval" in order to perform, any Judge could declare that you do not have the legal authority to execute a contract. That one could come back to haunt you.

Subject to inspection should suffice and is a part of any standard contract. 

 Some swear by Realflow, I've never been too impressed with the quality / accuracy of the data. Better than some, not as good as others. 

 That's what I'm talking about!! Good to hear from you!! I haven't posted a lot myself recently, but just got back from hanging out with a bunch of BPers at the Midwest Summit....made me homesick so to speak. 

I have! But I'll tell you who really turned me on to it was @Jerred Morris. I haven't seen him around the site much lately, but he's the one who turned me on to it some years ago.

With Single family, most folks exclude the Corps all together even though there are a ton of folks out there like you and me who simply hold their portfolios in an LLC. While I think they are worthwhile, but would rank them behind both Absentee and Owner Occs with proper first and last names.

I do not mail to Bank Owned, Government, Church....basically anything institutional, but I do mail LLCs. As mentioned, most of the time they are ordinary folks, no office, no gatekeeper.....they read their own mail and buy and sell as much as anyone else.......and they get very little mail because the common wisdom is to skip them. Just sayin'