All Forum Posts by: Jerred Morris

@Michael S. Your focus should be on finding a house or duplex that's way under market.  Don't spend all your time focusing on a perfect plan of attack.  Spend your time and money hunting deals and buy the best deal you can find.

It's not the quantity of deals that you do but the quality.  You should wholesale the thin deals to provide marketing capital and buy the big spread deals as an owner occupy.  Your next move would be to get a line of credit on your home.  Rent out the rooms and let your renters pay down your line credit that you'll use to buy other investment properties.

@Michael Quarles Class Act!!!  That's why we spend our direct mail dollars with you.

@Matt Heath Start with a small to mid sized direct mail campaign.  You'll learn how to talk to motivated sellers and eventually close a deal.  The sooner you start, the sooner you close a deal.

@Michael Quarles are great resources and trusted members of BP.

@Account Closed for my yellow letters.  Highly recommend.

@Michael Lerch Yes, Yes, and Yes

You want links from authoritative sites and you want them to be diverse.  Quality and relevance play a huge part.  

@Ve'Ron - Go with the major metro area first.  You need to build out pages with that metro area in the title, H1, and the url slug.

Use your blog posts and FAQ page to go after the smaller towns and areas in that larger metro area.

@Angelo Lelievre Take your 3k and divide it by 6.  Get a great postcard and send out 1k of them each month.  Make sure you work with someone that knows how to pull a list.  You don't want to target a bad list.  Plenty of people on BP will tell you how to do it.

I'd pick up some bandit signs as well.

@Ryan Dossey The most cost effective would be Investor carrot and Scott has a great review on their services - https://strugglinginvestor.com/2014/08/investor-carrot-review/

I think Danny Johnson has a service as well that is pretty cheap, lead propeller

Hope that helps

Inflated markets offer great opportunities for wholesalers because you're selling the buyer all of the risk in the deal.  Here in Austin investors buy properties that have negative exit prices.  They know that it will take 90-120 days for the flip and they're betting on price appreciation to buy them out of the negative position.

Personally, I think they're nuts and would never do a deal with those terms.  However, I'm not taking the financial risk and there are plenty of people begging for skinny deals.

@Chet Hingle Scott Costello did a huge write up on Investor Carrot and talks about the pros and cons.  Great read https://strugglinginvestor.com/2014/08/investor-carrot-review/