All Forum Posts by: Jason Fraser

@brandon turner

Hey Brandon

 I was on the webinar tonight and you laid out the challenges of being a wholesaler for someone starting out. What would be some alternatives for getting started in real estate investing other than wholesaling especially if they low or no money to get started?

Personally I lie Zohocrm. Primary reason is I can use it with my IPad as well as android phone for mobile access. It also offers a form that I can use with my website for instant lead capture.  The free version can be used with 3 users from there you can grade to the $12, $20, $35 versions.

Google drive - great way to stay connected to spreadsheets and docs you use on multiple devices.

ZohoCRM for managing buyer and seller contacts. Again great when you're using multiple devices.

I believe it's called  wholetailing. I'm in the process of finding such a property where the end buyer is ok with making the repairs themselves.

@Nereo Mendoza Nereo, great answer. How do you determine what's considered a high DOM for an area?

Will 

Thanks for sharing this persons question and your follow. I don't have a direct contribution but more of a question....in terms of finding a niche, what factors should one consider to determine if they're going after a worthwhile niche? for example, for you what were the deciding factors for pursuing top tier properties over middle and lower tier properties?

@Larry Turowski So Larry ...is there  one that you have found you prefer  using over another?

IFTTT is a must if you're going to  source Craigslist for leads.  Just opening your inbox and there's leads that fit your criteria is the best.

Great topic. Full disclosure: I am a board member of my local REIA here in Utah (SLREIA Salt Lake Real Estate Investors Association).

Here's a few things that we do.

Pro's corner - this is where people can pose questions to a local real estate investors for 30 minute prior to the monthly meeting.

Luncheons - we have one in Salt Lake City and two others 30 minutes north and south of Salt Lake City. It's  a smaller group and about 1 hour long compared to the monthly meeting which us two hours.

We devote at least one meeting a year to just q and a. We have a panel of local real estate investors who take questions.

We're developing our blog as a way to stay connected to members and local investors in between our events.

We have a relationship with a REIA in the county south of us. Since we're not directly competing with each other and often times many people are members of both. We tend to cross promote each other's events.

I think the biggest challenge is balancing delivering content to both new and experienced investors. If you focus too much on new investor content then you lose the interest of experienced investors  and they stop coming. If you focus too much on advanced level content, then you get the investors who come to a meeting and realize the content is way too advanced and they stop coming.

If people want to make their local REIA better, they should get involved (if they can). I started out with my REIA taking notes and taking photos of the monthly meeting in lieu of having to pay for a membership. There wasn't a marketing position for the REIA so I became the marketing person ( I was getting my degree in marketing at the time and had an interest in marketing anyway). From there I took on managing the website, social media, and producing video content from the monthly meetings. I had experience in those areas as well.

Honestly leveraging my skills helped me with connected to a large number of the members over the years.

see if they offer first time visitors free attendance. Keep in mind that every REIA is a different model. The one here in Salt Lake that I primarily attend (full disclosure: I'm a board member) is a non profit. There isn't a product pitch.

I've attended others where the meeting serves as a way to introduce people to their turn key business.

is there a formula for determining how much reserves you have initially as well as on going before you acquire a new rental?

Thanks for the help.