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All Forum Posts by: Eric H.

Eric H. has started 35 posts and replied 553 times.

Post: How did you convince your spouse to house hack?

Eric H.Posted
  • Real Estate Solutions Provider
  • Baltimore, MD
  • Posts 570
  • Votes 452

Great morning BP Fam,

How did you get your spouse to consider house hacking? My wife is not with it at this time. She wants free range to her whole house. I'm considering renting out my basement to help with our housing expense.

Post: Research for Offmarket Lots Of a particular size

Eric H.Posted
  • Real Estate Solutions Provider
  • Baltimore, MD
  • Posts 570
  • Votes 452

Great morning @Jarrod B.,

Contact and create a relationship with a local agent with access to the MLS. Incentivize this individual with referrals for pulling the data for you.

Peace!

Post: Baltimore Rental Market

Eric H.Posted
  • Real Estate Solutions Provider
  • Baltimore, MD
  • Posts 570
  • Votes 452

Great day @Jonathan Carter,

Try rentometer.com

Post: My review of Blip Leads

Eric H.Posted
  • Real Estate Solutions Provider
  • Baltimore, MD
  • Posts 570
  • Votes 452

@Ethan Summers, @Cornelius Garland

Great day BP fam,

Writing to inform you guys of my experience with a company I found here on BP. I hired the company, Blip Leads, to perform some cold calling for me. If any other members here have had a pleasant experience with this organization, please share. When ‘courting’ this company, my calls were answered promptly, emails were responded to in a timely manner, and I got an overall good vibe from the owner that I had been dealing with. I felt as though they were confident in their service as he even gave me the contact information to one of his competitors. After calling the competitor I made a decision to go with Blip Leads. Another thing that made me choose the company was their vote to post ratio here on BP. I think a good number of votes to posts indicates someone that takes their time when responding and offers sound advice to the community. I thought this would translate into one's business practices.

I asked for a contract or scope of work, but the company did not provide one as part of their service. I was told that I would get daily and weekly reports detailing the campaign as well as access to recorded conversations of all calls made. They said that they would aim for at least 7 touches before disregarding a prospect. I hired this company on August 1, and as of today I am totally dissatisfied with the service provided. I understood that skip tracing all of the leads, approximately 800, would take about a week so the actual calling started about August 10. To date I have only two recorded messages in the ‘back office’ along with the spreadsheet of the skip traced leads. My issues with the company:

1. I’m assuming they have a new guy making the calls on my project. I assume this because his phone etiquette is not that great. I gathered this from the two recorded messages I listened to. He says umm a lot and was cutting the prospect off way too much. I have done cold calling and conversed with sellers that have responded to my direct mail campaigns. Cutting the prospect off is a big no no in my opinion. The marketer can let the prospect talk while still controlling the conversation. But I was willing to give the guy a shot. Everyone was new at some point in history.

2. My phone calls are not being returned at all. I call both owners, leave messages, and I call the guy that is supposed to be in charge of my campaign. Finally I get a call back from the newbie. He says “well owner 1 said to call you with an update”. Me: “So what’s the update” Him: “I guess this and I guess that” What do you mean you guess? Where’s the definitive? Him: “well let me talk with owners and I’ll call you tomorrow” Furthermore, why did the owner have to tell you to call me back. I left you a message too.

3. Communication is poor. In addition to #2, ‘the guy’ told me I haven’t heard from him in a couple days because they were integrating a new system that would allow for faster calling. Understandable, but where is the communication. Why did the client have to call you after not hearing from you all for a few days to get this information???

4. Communication: Emailed one owner. He said he would return my call after he returned from vacation. He was supposed to return last Friday, August 18. I still haven’t heard from him.

5. Spoke to the ‘guy’ today (after calling all three folks and leaving messages) and he’s telling me they have called the entire list and now they need more leads. I’m not buying it at all. Overall just frustrated with the lack of communication and lack of updates regarding my account. Still haven’t heard from owners after leaving messages today.

6. I take full responsibility for not demanding a scope of work that would have detailed the terms of our agreement, and what I should expect as part of their service.

Again, if anyone has had a different experience, please share.

Peace!!

Post: What are successful REI doing to get off-market properties!?

Eric H.Posted
  • Real Estate Solutions Provider
  • Baltimore, MD
  • Posts 570
  • Votes 452

@Avery Gilmer How has cold calling worked for you? Have you done any deals from it? What is your call to close rate? How are you tracking your results?

Post: Tough Time Nailing Down Tax Delinquent List

Eric H.Posted
  • Real Estate Solutions Provider
  • Baltimore, MD
  • Posts 570
  • Votes 452

Great morning @Account Closed,

I would call the office that handles the tax sale again and ask to speak to someone different or ask to speak to a manager. I'm assuming (I don't know Texas tax sale law) that they have to advertise the list somewhere to allow property owners the opportunity to redeem. If you can not get any answers over the phone, you will have to physically visit the office to get your concerns addressed. You can try taxsalelists.com. I have used them for training over 7 years ago now. If they can get the list though, I would imagine it's public information. You just have to do some more digging.

Happy investing!

Peace!

Post: Seller not responding

Eric H.Posted
  • Real Estate Solutions Provider
  • Baltimore, MD
  • Posts 570
  • Votes 452

Great morning @Robert Tigner,

Call the agent and/or seller to find out what's going on. Don't bid against yourself though. Just ask the same questions you asked in your post here. If your original offer was your highest and best, walk away.

Happy investing!

Peace!

Post: I wrote a post but where did it go

Eric H.Posted
  • Real Estate Solutions Provider
  • Baltimore, MD
  • Posts 570
  • Votes 452

Great morning @Monte Dick,

Welcome to BP!

Go to your profile, and your latest posts will be on the right hand side.

Peace!

Post: Where can I get the best Seller Financing information?

Eric H.Posted
  • Real Estate Solutions Provider
  • Baltimore, MD
  • Posts 570
  • Votes 452

Post: Want to Get this Real Estate Wheel Rolling....

Eric H.Posted
  • Real Estate Solutions Provider
  • Baltimore, MD
  • Posts 570
  • Votes 452

Greetings @Daniel Walker,

To get started I would study the market. I mean really study your target market. Learn how much it costs to renovate a house, learn as is values, learn after repair values, learn buy and hold areas vs. flipping/homeowner areas. You can do all of this from your computer. But going into the communities (walking and driving) different times of the day will also help you learn the market. Join a local REIA and network, network, network. Utilize ALL that biggerpockets has to offer. Not just the forums, but the books, the fileplace, the blogs, the calculators, the podcasts, the webinars, the videos. I think all of this will keep you busy for at least 3-6 months. While studying I would begin to save some capital. Once you learn the numbers behind analyzing a property you will know how much $$ you need to make that first flip happen. Then break that number down into how much you need to save/earn a year, then a month, then a week, then per day to reach that goal.

I hope this gets you started in the right direction.

Happy investing!

Peace!