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All Forum Posts by: Joshua Weidman

Joshua Weidman has started 0 posts and replied 4 times.

Post: Skip Tracing sites

Joshua WeidmanPosted
  • Real Estate Investor
  • Philadelphia, PA
  • Posts 4
  • Votes 1

I have used findtheseller.com in the past. If you are doing volume, even with their bulk purchases it will be expensive. I know use Accurint.com. They are a Lexis nexis provider (sp?). They are much less expensive (monthly subscription + cost per search). I do about 25 searches per week and it came to $415 for December and January. Depending on how deep you search, it can be more costly.

Post: Websites that gives you leads?

Joshua WeidmanPosted
  • Real Estate Investor
  • Philadelphia, PA
  • Posts 4
  • Votes 1

I guess I will be the lone dissenter in this chat. I have used 2 lead generation companies. PropertyLeadsNow.com and FastHomeOffers.com. I have had success with both. But like any other marketing source, you get a lot of junk. I would say that about 1 in 30 leads result in an appointment and about 1 in 5 of those result in a sale. At a price of about $30 per lead, that's a cost of around $4500 per sale. My wholesale fees run about $10,000.

It isn't my best lead source by far, but it can be a good supplement. This is just my 2 cents. Take it for what it's worth.

Post: Best list to direct mail to for wholesaling?

Joshua WeidmanPosted
  • Real Estate Investor
  • Philadelphia, PA
  • Posts 4
  • Votes 1

Alex is on point. I do about $30-65k per month in fee and the vast majority of my leads come from mailers. I send out about 1200 per week. There are several groups you can target. Probate and estates is wonderful as Stephanie mentioned. I've had success with out of state owners and, depending on your area, vacat property owners. Foreclosures are oaky, but I've noticed that the vast majority have little or no equity. Good luck.

Post: SE corner of Pa

Joshua WeidmanPosted
  • Real Estate Investor
  • Philadelphia, PA
  • Posts 4
  • Votes 1

Chaz,

I am a real estate investor in Philadelphia. The majority of my business is wholesaling, but I also do rehabs and apartment rentals. There is a great group in philadelphia called DIG (diversified Investment Group). It's a great place to get started. There are a lot of knowledgable people there.