All Forum Posts by: Jonathan Loynaz
Jonathan Loynaz has started 12 posts and replied 38 times.
Post: South Florida Wholesale

- Miami, FL
- Posts 39
- Votes 24
Welcome to BP Omar!
I'm in Miami Dade so lets network and do some business together!
Good luck!
Post: Direct mailers not receiving expected returns

- Miami, FL
- Posts 39
- Votes 24
Hey everybody,
So my girlfriend and I recently started our direct mail campaign to an absentee list we got off listsource.
1st touch consisted of small yellow postcards provided by yellowletters.com. We added ourselves on the list to make sure when they were sending out and how long it took to get them. Not sure what happened but we never got them and only received 5 calls of a list of 712. We brushed it off and kept going.
2nd touch consisted of completely hand written yellow letters and envelopes. We still received the same return.
Our 3rd touch will consist of a typed letter ourselves and how the home owner can benefit from selling to us. We'll be getting ready to send these by the end of June.
None of the calls we received we motivated sellers. They all wanted 5-10% even 20% above market value.
Is it possible the list is worn out? How often does something like happen to other investors? How could I get around it?
Thanks guys, we really appreciate the help. More than half of our income goes into our real estate investing and we feel stuck and lost.
Post: Having The Motivation But Not The Money

- Miami, FL
- Posts 39
- Votes 24
Post: Owner Finance

- Miami, FL
- Posts 39
- Votes 24
Post: First Direct Mail Batch

- Miami, FL
- Posts 39
- Votes 24
@Jim Viens Thank you for all the advice! Much appreciated.
When you do the batches, are you following up with the same addresses more than once? I read that following up a few times is good for feedback.
Post: First Direct Mail Batch

- Miami, FL
- Posts 39
- Votes 24
Hey BPers!
So I got a list of 1,200 absentee owners (in-state and out of state) which I began sending handwritten letters to last month (100 a week). So far I've sent all my out of state owners letters (300) and received about 10 calls. My question is, do I finish all 1,200 owners before trying to touch them again? Or should I keep mailing the out of state owners until I've had 5 to 7 touches and if so how often should I send them another piece of mail? Thanks guys!
Jonathan
Post: New Member from Miami, Florida!

- Miami, FL
- Posts 39
- Votes 24
@Tracy Bruns Welcome! You'll love it on the website. It's helped me a lot!
If you ever need any advice from Miami let me know.
Jonathan
Post: Options or "retailing"

- Miami, FL
- Posts 39
- Votes 24
@Hattie Dizmond Ah ok. I'll definitely listen to it and read up more on it. Thank you!
Post: Options or "retailing"

- Miami, FL
- Posts 39
- Votes 24
Hey BPers,
I'm currently reading a book called, "How To Be A Quick Turn Real Estate Millionaire" by Ron LeGrand. In the book he explains about wholesaling and rehabbing but it seems his main focus is options, retailing, and lease options. From what I understand, he goes out and markets to "pretty houses" then gets a seller to deed him the house for lets says, whatever the seller owes, then goes out and finds a buyer to purchase it at market value and takes the spread of the deal for himself.
Am I understanding it correctly? It seems like there's less hassle and more profit then find ugly houses to wholesale. I just want to understand different strategies just in case a deal like that comes my way.
Thanks guys!