All Forum Posts by: Jimmy Chou

Here's a few 1. Look for investor clubs around you and go network 2. Network with realtors, attorneys, or other real estate related professionals that may know a few and see if it's possible to make a connection 3. Talk to other contractors you work with to see if they do work for cash buying investors 4. Google "we buy houses" or "how to sell my home" 5. Look for signs posted by other investors if your area has them 6. Post on Craigslist that you have a house to sell for cash 7. Drive around to find active worksites, and try to track down the owners

Yeah, pretty much. The attorneys can just say "I don't like this" within the customary 5 days review period, and they shouldn't hold your deposit. 

Obviously it's time for a BIG disclaimer here, I'm not an attorney and you should consult your attorney before doing anything. But they should tell you it's not a big deal.

Your attorney should be on your side and try to follow your wishes. So it shouldn't be too difficult to get him to play ball as long as you let him know you're not wasting his time and gives him business for the deals that will work.

Illinois allows a few days for attorney review, you can send the contractor in to get quote before that expires and use attorney as an exit clause if you need to.

@Keanan Koppenhaver Thanks :)

@Keanan Koppenhaver Thanks for your response. I have Google Analytics plugged in, but I can't figure out how to extract key words from there. I just now included the search console now. Content rich SEO will be my next step after this is done.

@Aaron Griver Thanks for your input. I'll PM you with more details.

My previous website was created via Wix and is about a year old now. With that site, the only way I used to drive traffic to it was through an Google Adwords campaign with a budget of $5/Day. Which has given me a couple of leads, some are pretty decent ones too. As Wix is an annual subscription about to renew, I decided to take this as an opportunity and make some improvements. 

I just redesigned my website with Zoho Sites and it looks much better than the previous version. (I think it's also free hosting... Sweet!) Mapping my Google Domain to the new site took some time though, but got that figured out with a quick call to Google.

So now I want to also improve the Adwords Campaign. With my previous campaign, I tried to put in as many keywords as possible to see what sticks. Over time, Google also kept suggesting me to add more keywords, which I felt has actually decreased the conversion from traffic to leads that submit info or call. I want to put together a good set of long-tail keywords and start a new campaign. Does anyone have any good tips on how to do this?

I tried to do that too but wasn't able to.

Welcome @Cesar Torres

@Cesar TorresGood luck with your live-in flip. The best part of that plan is that if you live in there for a couple of years you won't have to pay taxes on capital gain. Icing on the cake is that you'll probably get to ride the wave up while the market shifts. The down side is that you'll have to live through renovation which is not fun so you might not want to go with a full gut project. 

@Dan Cecchin's meetup group is a great place to start networking locally. There's also a non-profit REIA meeting named CAREIA. There's never any pitching or upselling with these two groups.

As far as realtor goes, I'll send you a PM for further discussion.

Jeff Macdonald I think it's great that you're spending some time to think about how to structure the purchase. Be sure to do your due diligence and make sure it's a good investment before you pull the trigger though. How much business has the site generated before and how is it expected to do when you take over? How are you going to setup management? how to attract more business? What needs to be fixed and what's he cost? Is this actually the the highest and best use for this property?....etc Back to your question about the business/purchase structure. I would first think about how you're going to run the place after you bought it? Does anyone in the group has the experience running a property in this niche? (If not, who's going to take on what roll to ensure it stays a fruitful investment?) Is the management team going to deal with 20 voices at a time every time something needs to be decided? Or would most investors be silent partners? Look into debt vs equity. Which ever ways this place is intended to run, I think the structure should reflect just that. Keep in mind, many people can't pull off partnerships with even just a few people, so taking on 20 equity partners with the same contribution may not be ideal. Further, Murphy's law is going to pay a visit to some of these investors, what mechanisms will you have to deal with when somebody wants out? These are just a few things that popped into my mind, obviously, you should consult your attorney (or perhaps even multiple attorneys) before doing anything with this. Best of luck to you guys!