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All Forum Posts by: George Maka

George Maka has started 11 posts and replied 126 times.

Post: Business cards for 2 people

George MakaPosted
  • Irvine, CA
  • Posts 144
  • Votes 67

@Steve Shultz Ideally, I think you would want to have a separate set of cards for each person, but I don't think there's any problem with having two names on the cards. I would probably limit the email and phone numbers down to just one if you can. As long as others are able to contact you and know what you do, I don't think other investors will be too critical of your business cards. I usually write the contact information into my database and then throw the cards away anyways.

Thanks,

George

Post: New to investing

George MakaPosted
  • Irvine, CA
  • Posts 144
  • Votes 67

@James Hernandez Welcome to the community! I recommend start reading through the forums and blogs available here on BiggerPockets. Also, listen to podcast as they really helped me. A couple good podcast that I recommend are Bigger Pockets and Epic Pro Real Estate.

Reach out if you have any questions.

Thanks,

George Makakaufaki

Post: wholesaling

George MakaPosted
  • Irvine, CA
  • Posts 144
  • Votes 67

@Babu George With limited funds for marketing, you'll need to use the resources available to reach the sellers. Use the free posting ads such as Craigslist, Backpage, Ebay classifieds and other freebies that allow you to search and call sellers. Also, start walking/driving the neighborhoods and look for the run-down homes that you think you can add value to and try contacting them by either knocking on their door or sending them a letter.

Thanks,

George

Post: [Noobie Investor] Wholesaling areas in NYC?

George MakaPosted
  • Irvine, CA
  • Posts 144
  • Votes 67

@Ricardo S. The price of the homes are higher, but if it's a good deal, then the money will still come. I'm located in Orange County, CA, so i'm familiar with the high price of homes, but the deals are still out there. Don't let the price scare you off and just look for the motivated sellers. 

For example, if a seller is willing to sell you the house for $500k with minimal fixing, but the ARV is $800k, i'm confident that a buyer will jump in quick to take that off your hands.

Thanks,

George

Post: What to say on hand written yellow letter

George MakaPosted
  • Irvine, CA
  • Posts 144
  • Votes 67

@Kevin Dugan My last few campaigns have been to absentee owners. I first did absentee owners with high equity and did not get that great of a response. My latest campaign was to absentee owners who purchased within the last 3-10 years. I figured this group is ignored as most are going to the high equity owners. I've gotten a high response rate, but no conversions yet. 

I'm still experiencing and plan to go towards probate leads as well. I also plan to experience with different color envelopes as well as a few other subtle things to do to the outside of the envelope that i've been reading about. 

What about yourself? Any success on any campaigns?

Thanks,

George Makakaufaki

Post: What to say on hand written yellow letter

George MakaPosted
  • Irvine, CA
  • Posts 144
  • Votes 67

@Shane Clevenger My advice is to keep it simple and straight. My yellow letter has only about 20 words and broken into 8 lines. I include the owners name and the home address that I am inquiring about and the rest of the message is the same. 

Also, on the envelope, use a real stamp and do not seal the envelope, but rather just tuck the lip into the body. With this letter and envelope, I've gotten a 10% response in my latest campaign. 

Thanks,

George

@Brian Gibbons I'm a big fan of NLP and hypnosis. Matching and mirroring is something that I try to practice on a daily basis with my interactions with everyone I come into contact with. One example that I use is to match their breathing and their speaking tone to build faster rapport. 

Thanks,

George

Post: Finding comps for properties (Redfin?)

George MakaPosted
  • Irvine, CA
  • Posts 144
  • Votes 67

I agree, Redfin has been the best so far. I was using Zillow and taking the sold properties and filtering myself with Excel, but the analysis tool that Redfin has seems to work better.

George

Post: Wholesaling a Wholesale deal?

George MakaPosted
  • Irvine, CA
  • Posts 144
  • Votes 67

@Kelly Miller I would call the investor and just ask them. Tell them you're a wholesaler and you have a buyer. Ask them how much they want to make on the deal and if you are able to get anything over that price, would they be fine with you taking that spread. Ask if they'll give you 1-2 days to find the buyer. If you can bring in a quick buyer, I would think the wholesaler would be fine with it as long as they make their original spread.  Just make sure you keep your word and bring in that quick cash buyer.

George

Congratulations @Brie Schmidt ! I hope to be following your footsteps in the near future.