All Forum Posts by: Jason Quero

Thanks Wesley. I'm coming from the wholesale world and dealing with SFR properties...I would burn out if I were just focusing my business model on those clients specifically. I've been listnening to a lot of the BP shows in the past year and most of the MF investors who started out ALL mention doing direct mail as "the #1" lead source for getting a hold of owners. I'm doing my due diligence in at least figuring out where and how to hyper focus on off market properties because dialing & SMSing (although works) is super saturated and conversion rate is low. Any insight or feedback is appreciated. Thanks for taking the time to reply in the 1st place!! Jason

Ok...so everyone knows that at the end of the day we need to be marketing...networking, attending events, making phone calls, etc. Some actions are Passive marketing versus others actions being more active marketing oriented. What is the best passive marketing strategy dollar for dollar when you want phone calls (inbound) or interest coming to you? Is it still direct mail marketing? I only wonder how to get more inbound calls (passive marketing wise) where you know you have to invest X amount on a monthly basis and over time (3,4,5,6 months later) you'll get a certain amount of calls. And if it is direct mail marketing...is it the yellow letter? the post card? an item of interest (i.e. a pen, a handwritten letter)? Be curious as to what people think or would advise doing.

Ok...so everyone knows that at the end of the day we need to be marketing...networking, attending events, making phone calls, etc. Some actions are Passive marketing versus others actions being more active marketing oriented. What is the best passive marketing strategy dollar for dollar when you want phone calls (inbound) or interest coming to you? Is it still direct mail marketing? I only wonder how to get more inbound calls (passive marketing wise) where you know you have to invest X amount on a monthly basis and over time (3,4,5,6 months later) you'll get a certain amount of calls. And if it is direct mail marketing...is it the yellow letter? the post card? an item of interest (i.e. a pen, a handwritten letter)? Be curious as to what people think or would advise doing.

I have heard all the rage that in order to start a successful wealth producing real estate investment business that one of the most crucial aspects of setting up the business is actually having systems in place. While it goes without saying that finding deals is the most important aspect of the business my question would be what is the number one tool or system to have in place to sustain a well-oiled machine and business that could potentially be sold at a later point in time. I would love to hear seasoned and novice investors’ suggestions. Thanks again BP forum.

Yes...first step is hard in finding goals that are "a stretch" and pushing towards something that is within your grasp but requiring work to get there. Thanks Taylor.

I am DETERMINED to make 2022 a breakout year and making sure that I set up my 90 day goal accordingly. I purchased this invaluable Intention Journal and trying to get a realistic "average" on setting up my funnel for how many calls I should be making. Whether the calls be directly to perspective sellers via expired listings, absentee-high equity sellers, or real estate investment agents that have direct access to listings or future listings in which I can cultivate a relationship with. Having said that...what is a good matrix/KPI for the number of calls or contacts I should be making on a weekly basis in order to know that I am getting closer to the goals I've laid out in my intention journal? Thanks for anyone reading and taking the time to give me some feedback.

To answer your question...yes..mainly wholesaling fix-n-flips and working on buying holding. I think the property manager was the route many use when doing the fix-n-flips virtually unless someone can chime in differently in the thread. Thanks Jeff for taking the time to reply. I appreciate it.

Thanks Alex...I think I would be looking for "how-to-invest" in the deal myself. I know (for the most part) what the ARV is, what the repairs are, and can find the "deal"...where I'm stuck is...how to I find/source/or what the next-step in the process if I need to bring a GC to actually do the fix&flip. Have the funds. I can even list the property as well with the realtor contacts that I have...just stuck on the actual work that needs to be done on the property and how that process normally goes. Let me know what you think. Thanks again Alex.

Thanks Jeff...when I wholesale these properties I am purchasing them with assignment contracts that I then flip to end investors/direct buyers who will usually pay me an assignment fee. I usually would have to negotiate that opportunity to become an equity share partner. Not sure if that answered your question directly. If not let me know. Thanks again Jeff.

Just a short background...I am a wholesaler who does fairly well finding good wholesale deals using the fundamentals of good solid numbers before I ever bring a "deal" to an investor. I talk to sellers ALL the time and happy to provide solutions & relief to clients when I find these motivated properties. My problem is that while I make a decent income in assignment fees it does not provide me the financial freedom and I see the monster share of profits go to the investor/buyer who is usually NOT me. I know that with good systems and partners I can partake in greater profits and not just be a wholesaler. (Sidenote: Nothing wrong with wholesalers or wholesaling) That being said...I believe finding a good experienced contractor (or project manager) is key to doing these deals remotely especially if I want to purchase these deals to fix & flip or acquire for my portfolio. That is where I am stuck...where would be a good place to start to find this person? And more importantly...what kind of compensation would I be offereing or giving for that matter for this person whom I am bringing the deal to? Is it % based driven? etc.? Any insight would help.