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All Forum Posts by: Eric N.

Eric N. has started 4 posts and replied 122 times.

Quote from @David Lecko:

Eric, When did you last use DealMachine? I am the founder of DealMachine so I am biased, however if you have not used DealMachine data recently, I would love to show you how it is much better quality than other options.

Top 3 reasons:

1. Other systems give you numbers, but they don't label and filter them by RENTER vs OWNER vs FAMILY. We let you filter that in your dialer and when exporting so you're only reaching just the decision maker. It boosts your contact rate to 25% in our dialer, and is more efficient with your labor costs.

2. You can search EVERY PERSON IN THE US with the property owner's name. Nobody else provides that. Owner occupied is matched 95% in DealMachine and 85% overall system-wide. Those are high match rates, and this magnifying glass you can click to view all people with that owner name, closes the gap.

3. More than a "skip trace." The phone number is available immediately without clicking a button. You don't have to wait 30 minutes for your file. You can filter by our consumer data file, things like birthday, income level, occupation, education level, and language of the owner.

Evidence that gives me this confidence in telling you it is the best available:

Our average customer used to spend $200 per month, but I found out the big call centers had 6 dealmachine accounts all with different emails, because our data was so good. I was shocked! But we are making the system friendlier to the big data consumers we now have.

Hope this helps!

Hi David, thanks for jumping in here. I actually used DealMachine back in April of this year, so my feedback is based on fairly recent firsthand experience.

I uploaded about 10,000 leads (pulled by one of my VA's from DM) into BatchDialer and had other VAs call through them consistently for 30 days. What I found was that a large portion of the numbers were either disconnected (which the dialer flagged automatically) or wrong numbers (where the person answering had no connection to the subject property and didn't know who we were looking for).

From a practical standpoint, when using a power dialer, we typically only upload the first three numbers for each lead—that’s the max. Each additional number after that tends to be half as accurate as the one before it, so unless you’re dialing manually, the general rule of thumb is to stick to the top three. And the results I am referencing are based on dialing the top three numbers for each prospect. 

For me, it’s not just about an 85–95% match rate on paper; accuracy really matters in practice. When you’re paying for VAs and a dialer, wrong numbers get expensive fast. You still pay your callers to speak with people who have nothing to do with the property, and you’re also paying for dialer that stays busy calling all those wrong numbers.

Now, I can see how large call centers might find the data usable—they may run a million numbers a month with hundreds of agents and dialers, so their sheer scale could yield acceptable results. But I operate a much smaller team—just two cold callers—and for us, the accuracy of the skip-traced numbers is absolutely critical.

Quote from @Robert Hill:

Hi Eric,

The cheapest/most bang for your buck softwares in my personal opinion are:

- Batch Leads for pulling lists and skip tracer (2 in 1 software, $100 per 10k contacts)

- Readymode Dialer ($200 a month) *Can call yourself or hire VA's for $4-6 an hour (I use Readymode Dialer with 3-4 VA's personally)

The absolute best skip tracer is IDIData but is very pricey with an annual plan. (I get a hookup from a big wholesaling company for only $0.08 per contact). I pull my lists personally using prop stream or just the tax records using my NJ license since it's free (Remine). I then skip trace it through IDIData and use those lists in my dialers. The softwares that pull the lists are more or less the same since they all just take the tax record data and upload it into their own software/website (Prop stream, deal machine, batch leads, etc.)

If you're on a budget I would get batch leads for $100 a month and you can export 10k leads skip traced. Deal machine (Similar to batch leads) is cheaper but the skip tracing is weaker. Then upload your lists into Ready mode dialer or a texting software like Smarter contact.

Hi Robert,

Thank you for chiming in.

On Batchleads, I believe you refer to Growth package. They upped monthly charge on it to $119, though you can prepay and buy yearly subscription for $857 (or 70 bucks per month). It's very affordable, but is it good? I recall using Dealmachine and their skiptracing was free, but accuracy was lacking.

I have heard good things about IDID data. Few people I know who use it are basically splitting a large fee into 3-4 and share the access with each other. It would be great to access it for $0.08/record. 

Post: Do investors really hate being cold called?

Eric N.Posted
  • Posts 147
  • Votes 60
Quote from @Izaiah Barba:

Investors don’t inherently hate cold calls, especially when they’re about a solid deal. What they dislike is irrelevant pitches.

If you know their criteria, recent transactions and preferred markets, a cold call becomes an opportunity, not an interruption. Lead with a one-sentence hook ("I've got a 5-unit value-add in your area that hits your 12% IRR target") and follow up by asking if they'd like the full deal package.

When calls are targeted and respectful of their time, investors pick up.

Understanding 10,000 Prospects Is an Unrealistic Task

Let’s be real:

If you’ve got a list of 10,000 prospects, how do you actually know each one’s investment criteria, recent transactions, and preferred markets? 

You don’t — because getting that level of detail takes real time.

Someone has to:

  • Pull the data

  • Analyze it

  • Create a profile for every individual firm

AI isn’t the solution either. It still makes glaring errors, misses key context, and completely falls apart when you're trying to get accurate, focused, nitty-gritty insights.

So here’s the question:

Who’s actually spending 100,000 minutes — that’s nearly 70 full days — to vet 10,000 prospects… for the chance at landing one or two real deals?





Quote from @Sami Gren:

I've been reading through all the responses and even went back a few times to double-check if I had written something I didn’t remember. From what I can tell, most people completely misunderstood the question. As a property manager, I assumed that providing a few general clues—without getting too detailed—would be enough for professionals here to understand what I meant.........

Also I want to clarify

A) I’ve often had situations during maintenance visits where people ask me not to enter with shoes—that’s a common and straightforward thing.
B) Secondly, this was a question, not a statement.

Anyway, if you understood the intent, great. If not, I think the discussion has veered way off topic. I'm just not sure if or how we can delete the post, since it seems to be worded in a way that’s been widely misunderstood.

It's Not About Shoes—It's About Respecting Boundaries

I followed this thread as the discussion about removing shoes quickly escalated into a culture war. I stepped back when things got heated, but since you're the original poster, I wanted to respond directly with a more grounded perspective.

This issue isn't about cultural customs or personal quirks, as some suggested. It's about respect for someone's home—their private space, their "castle." Regardless of who holds the property title, when someone is leasing the space, it is legally and ethically their home. That means they set the boundaries, whether that’s about shoes, noise levels, or even dress code.

If I were to walk into your house today in just a swimsuit—or worse, nothing at all—you’d understandably be shocked and likely call the police. I could argue that it's hot outside or that nudity is normal where I'm from, but none of that would matter. Your home, your rules. The same logic applies here. it’s about basic courtesy and boundaries when you enter someone else's home.

If a tenant asks you to remove your shoes in their home, you do it. There’s no debate. It’s not negotiable. It doesn’t matter how you were raised or what you’re used to.

Now, if the real issue isn’t shoes but a difficult tenant—someone acting passive-aggressive, rigid, or just unpleasant—that’s a different conversation entirely. In that case, the question isn’t about footwear. The real question is: Are you willing to tolerate this behavior for the rent they pay, or is it worth pursuing eviction (if allowed under your local laws) and finding a better tenant?

But that’s a decision only you can make. And if you’d started the thread with that question—about tenant with chronically unpleasant behavior and whether it is worth to keep bad tenant for the sake of money they pay —this discussion wouldn’t have derailed into a culture war about shoes.

I am a wholesaler. I am also an investor/buyer. As a wholesaler I no longer give rehab estimates. Lately, I don't even give ARV when I call buyer I know. I just say "I have SFH at 123 Whatever Street, with 3 br/2ba, 1500 sq ft, sending you pictures now. I want $XYZ for it". Period. No ARV, no rehab estimates, nothing.

As an investor, I don't rely on what other wholesalers tell me about rehab costs and ARV. I don't need a nanny or babysitter. If I don't know how to figure ARV and rehab costs may be I should not be in the investment business.

Quote from @Jeremiah Dunakin:
Quote from @Eric N.:
Quote from @Jeremiah Dunakin:

I lived in NJ, and it can be a bit rough out there. It's just outside of NYC, so there’s a mix of really great people and some who feel entitled because their grandpa—who probably went through tough times like Charlie Chaplin eating his boots during the Great Depression—managed to get ahead in the 50s-60s. Now, their grandkids act like they own the Empire State Building just because they have a few properties or a well-paying job.

I’m not implying this applies to OP at all. Maybe he was just surprised to discover that some people actually take their shoes off in the house for the first time in his life. But I totally understand where you’re coming from, and I agree—no one should be treated like dirt. Respect is key. If you respect others, you should also be mindful of respecting their home and space.

Anyway, I’m exiting this thread now—this has gone way too far and isn’t worth precious time to dwell on.


I agree, that’s all I was trying to saying. I can’t for the life of me understand why this went off the rails. People are people. I would respect everyone’s home whether a dirt floor or marble. I guess virtue signaling is not dead yet. I hope you do well, your properties perform well and your residents love the space you have provided 


 Thank you, wish you all the best as well!

Quote from @Jeremiah Dunakin:

I lived in NJ, and it can be a bit rough out there. It's just outside of NYC, so there’s a mix of really great people and some who feel entitled because their grandpa—who probably went through tough times like Charlie Chaplin eating his boots during the Great Depression—managed to get ahead in the 50s-60s. Now, their grandkids act like they own the Empire State Building just because they have a few properties or a well-paying job.

I’m not implying this applies to OP at all. Maybe he was just surprised to discover that some people actually take their shoes off in the house for the first time in his life. But I totally understand where you’re coming from, and I agree—no one should be treated like dirt. Respect is key. If you respect others, you should also be mindful of respecting their home and space.

Anyway, I’m exiting this thread now—this has gone way too far and isn’t worth precious time to dwell on.


If the OP didn't make 422 posts on this forum I would assume it was just a teenager kid trying to get a reaction from others

Post: Do investors really hate being cold called?

Eric N.Posted
  • Posts 147
  • Votes 60
Quote from @Drew Sygit:
Quote from @Eric N.:
Quote from @Drew Sygit:

If you provide great value, then clients would actually be calling you!


 That is not the only or best approach in case if you are investor looking to buy homes. It can work for a contractor, who does great job at fair price. Word of mouth spreads and keeps him busy throughout the year. I know Gen. Contractor who never advertises because he gets more requests for projects than he can handle. I know a realtor whose entire marketing campaign is going to local stores, shopping centers, talking to strangers and giving out his business cards. He is one of the top RE agents in the area, almost all of his clients reach out to him because they saw him face to face. But if you want to buy, let's say, a distressed property in 10 zip codes, you will miss awful a lot of opportunities if you don't do some serious marketing, including cold calling.  One cut doesn't fit all sizes. What works for one type of the business may deliver poor results in another. 


The poster of this Topic is a real estate agent, so I answered in that context.

Regarding cold calling in general, it may have it's place in sales, mostly because it's cheap, but it's pretty low on the success ratings. 

It's also so "well-liked" that it's illegal in several cities in our area!

For agent it definitely makes sense to cold call entities that own commercial properties, especially if the property is in any sort of distress, has code violations and etc. If commercial property owner wants to unload their portfolio, I am sure they won't be thinking of investors, but they may well consider selling through the agent (unless the property is a total mess and won't retail on MLS). So, it just makes it more likely that RE agents would cold call property owners.

As to success rating, the main things that affect KPI are data (skiptracing) and the dialer you use. With best of the list you will get nowhere if you have crappy data. If you do have a good data and a dialer with good connection rate, you would get 1-3 leads per day dialing 4 hours, or 20-60 leads a month. Statistically, one in 55 close and go through. You can do the math. Compare the cost to PPC or PPL at $350-$450 per lead (which will turn out to be garbage if you spend only $3000-$4000 a month), or to DM ($7000 per cycle on 10,000 prospect list, which you have to hit 5 times to get results). SEO takes years to establish, costs a lot if you hire a competent specialists and you won't know if it works or not until after you wait a year and through large amount of money into it. SMS is mostly dead because of TCPA rules. If you have a suggestion for better marketing channel, more efficient and competitive cost wise please enlighten this board. 

I would say landlord was the one crossing a line if he refused to take off the shoes. Sure landlord owns the premises, but does it mean he can walk into the bathroom while their tenant is taking a shower or relieving themselves? I would carry shoe covers, as others suggested, and put them on if I was unwilling to take my shoes off.

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