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All Forum Posts by: Eric F.

Eric F. has started 33 posts and replied 409 times.

Post: Who goes to the effort of putting out 100+ signs and not returning any calls?

Eric F.Posted
  • Real Estate Investor
  • Raleigh, NC
  • Posts 427
  • Votes 297

@Jeremy Tillotson Maybe we should offer them a good deal and then when they don't call back after a week call again and tell them to go to Biggerpockets and read this forum so we can finally get good wholesellers in our areas lol

I actually ordered a couple hundred bandit signs to put out and see how many calls I get. I had some mobile home exclusive bandit signs in the past but I figure all the mobile homes will still call me and maybe a good house deal or two will also call. Hell, I might find out all these people are getting 200 calls a day and can't waste time returning my call hah.

Post: Who goes to the effort of putting out 100+ signs and not returning any calls?

Eric F.Posted
  • Real Estate Investor
  • Raleigh, NC
  • Posts 427
  • Votes 297

@Derek T. that is a good point. However, other investors I talk to all have the same comment on calling signs and I am sure we do not all have messages which could sound like we want mentoring. I guess that could sound like I was looking for a mentor, but I could see plenty of sellers calling with a message like that as well. 

I will alter my message in the future but I am going to guess my phone won't start blowing up all the sudden hah.

I have thought about sending texts also but if they aren't returning my calls I have a feeling they don't return any seller calls either so I should not expect a deal anyway.

Post: Who goes to the effort of putting out 100+ signs and not returning any calls?

Eric F.Posted
  • Real Estate Investor
  • Raleigh, NC
  • Posts 427
  • Votes 297

Does everyone in here return every call?  Be honest.

It is amazing to me how many people will put out 100 signs and yet never return your call. I call every single "We Buy Houses" sign I see and I would be shocked if I get a 10% response. I leave the same message every time "Hi, my name is Eric, I see you buy houses, and I am interested in learning more." I never get called back. To me that message would warrant a returned call. Maybe it is a Raleigh thing but no one calls me back. I have talked to a bunch of other investors and they say the same thing. 

The reason I call is to meet wholesellers so I can buy all their mobile home deals but no one ever calls me back. 

Guys (and girls), if you put the signs out, return the calls! 

Post: Cash buyer list

Eric F.Posted
  • Real Estate Investor
  • Raleigh, NC
  • Posts 427
  • Votes 297

Someone just got me like this in Raleigh...literally just happened 10 minutes ago

They filled out a form on my website with what was a great deal. (by the way this was the first "good" lead I have gotten off it in a year in a half...I should have known what was coming) Well, it would have been great except it was a fake deal. I called like an hour later but "it sold yesterday." A few follow up questions and it was pretty easy to tell this property did not exist. I was suspicious before I even called because a friend actually lives on this street and every house is in great condition, but the lead described one which needed major work. Also the lead was presented as from an end seller whose parents died but the guy I spoke with was clearly trying to become a wholeseller. I am sure he went to his first guru seminar and heard this strategy.

But, they have my name, number, and criteria now so I guess they won. I'm gonna guess I never hear from them again though hah

so I guess the moral of this story is you could do what this guy did

Post: Are Code Infractions available in public records

Eric F.Posted
  • Real Estate Investor
  • Raleigh, NC
  • Posts 427
  • Votes 297

Thanks @Chris Martin 

Post: Two Mobile Homes and Lots Side by Side - $3,600 Each

Eric F.Posted
  • Real Estate Investor
  • Raleigh, NC
  • Posts 427
  • Votes 297

How much work?

Can you rent them in the park (some won't let you)

What can you rent them for? What is lot rent?

What age and size? Bed/bath?

I bought a 2 bed/2 bath in a park on a lot for 4k which only really needed pressure washing and a new living room floor and it worked out fine. 

Post: Are Code Infractions available in public records

Eric F.Posted
  • Real Estate Investor
  • Raleigh, NC
  • Posts 427
  • Votes 297

As far as I know where I live (Raleigh) you have to walk down to the inspections division for the city. I do not think they are online. I went there once and they gave me the list. I should go back hah

Post: REI Class at local (Raleigh, NC) community college

Eric F.Posted
  • Real Estate Investor
  • Raleigh, NC
  • Posts 427
  • Votes 297

I met @Andrew S. In this class.  I would recommend it as well. 

Post: What do I need to look at when it comes to moving a doublewide?

Eric F.Posted
  • Real Estate Investor
  • Raleigh, NC
  • Posts 427
  • Votes 297

Thanks again everyone. She ended up selling it to her neighbor for more than my initial offer anyway, but now I know the true costs to factor.

Post: Bandit Signs

Eric F.Posted
  • Real Estate Investor
  • Raleigh, NC
  • Posts 427
  • Votes 297

@Marc Faulkner 

 I forgot to mention, at Dirtcheapsigns.com if you order one to cut in half like

WE BUY  WE BUY

HOUSES HOUSES

XXXXXXX XXXXXXX

in say an 18x24, intending to cut it yourself, they will cut it for you, which is a nice bonus. I am experimenting with this design now (have yet to put some out). 

-Eric