Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: John O'Leary

John O'Leary has started 28 posts and replied 675 times.

Post: Bigger pockets membership

John O'Leary
#5 Wholesaling Contributor
Posted
  • Lender
  • Winter Park, FL
  • Posts 714
  • Votes 401

I think it's worth the few extra $ to use some of the tools available. If it brings you 1 deal it pays for itself. 

Post: New investor in the Greensboro/Winston Salem, NC area

John O'Leary
#5 Wholesaling Contributor
Posted
  • Lender
  • Winter Park, FL
  • Posts 714
  • Votes 401

Hey Bryan,

Congrats on deciding to action! Make sure to build a strong team, and business plan. Start with the end in mind a work your way backwards. The NCREIA runs a great even in NC. I attend both Charlotte, and Raleigh each month, Best of luck!

Post: New wholesaler looking for cash buyers

John O'Leary
#5 Wholesaling Contributor
Posted
  • Lender
  • Winter Park, FL
  • Posts 714
  • Votes 401

I'd say 70% of "cash buyers" really use private/hard money. Connect with lenders to build your list if you truly have deals that make sense. Good luck!

Post: Hard money lender for 5+ units

John O'Leary
#5 Wholesaling Contributor
Posted
  • Lender
  • Winter Park, FL
  • Posts 714
  • Votes 401

Most lenders are going to have a larger minimum for 5+ units. Have you tried a local bank?

Post: Letter's to find Off Market Properties

John O'Leary
#5 Wholesaling Contributor
Posted
  • Lender
  • Winter Park, FL
  • Posts 714
  • Votes 401
Quote from @Jerryll Noorden: This is amusing. It seems like you're promoting a program or something. However, I'm just addressing someone's question. Dismissing any marketing strategy simply because it doesn't align with your business model is unreasonable. I have a close friend who successfully flipped a self-storage facility, making nearly a million on one project, solely through direct mail. Various factors come into play with marketing, and what works for one business may not work for another. The reality is, cold calling, direct mail, PPC/SEO, referrals, and strategic partnerships all have the potential to be effective.
Quote from @John O'Leary:

Direct mail works, but you typically need to hit them 3-5 times or be following up with cold calling.  Too many new wholesalers mail them once and give up. What lists are you targeting plays a large roll also.  

Everyone... please focus... (I am getting pretty tired myself sounding like a broken record).

Direct mail marketing works SO poorly, you need to send THOUSANDS of mailers, AND you need to send these thousands of mailers SEVERAL times to get a deal.

So:

BECAUSE the performance is SO low you need to send thousands to COMPENSATE for its poor performance AND hit the receivers several times BECAUSE the performance is so low to get a deal.

Conclusion: "Direct mail marketing works"

WHAT THE HECK?!

People, stop. By you all not thinking about what you are saying, this absolute nonsense spreads like a virus reinforcing the belief that because everyone regurgitates the same wrong stuff, it must be true. PLEASE stop this.

Let's end this false notion right here and now. Let's all make a vow to really think, analyze, verify before we dress up nonsense as "facts" or "data".

Imagine buying a car from a car brand that ALWAYS breaks down.

You are telling others: The car works fine. You just need to bring it in continuously every other day for repairs, to keep fixing the stuff that constantly breaks, to make it run, so because the car is always being fixed (because it always breaks), my conclusion is the car works, and so the car brand is A-Okay.

That doesn't make any sense, does it? 

Please stop saying DMM works. If it did work, why are 90%+ of the people doing DMM struggling?

Why isn't everyone doing DMM a multi-millionaire yet?

NO it doesn't work.

Can you get a deal from it? Yes, it is absolutely possible. So is winning the lotto. That doesn't mean "buying lotto works". No one is debating whether or not it is POSSIBLE to get a deal doing DMM. But claiming it "works" is a HUGE stretch.

It is like saying "if it doesn't;t work, then you didn;t do it enough". Do more.

When something doesn't;t work you don't do more to make it work. Come on people!

<>

Houston: " Pick 7 more astronauts, put them in that rocket and send an other one up. 

<>

Houston: "Find me 7 more astronauts"

<>

It's ok, stay consistent. One of them HAS to reach orbit.

I mean... Do I really need to give more examples?

I can go on.

Hope you understand my point. Not an attack on you. Just frustrated with how difficult it is for people to adopt intelligence and common sense, backed by data and evidence, yet it is effortless for people to religiously embrace absolute NONSENSE.



Post: New investor with some wheels in motion

John O'Leary
#5 Wholesaling Contributor
Posted
  • Lender
  • Winter Park, FL
  • Posts 714
  • Votes 401

Nice to connect AK! I'm also in Central Florida (Winter Park).

Post: Mastering Real Estate Investing: A Comprehensive Guide to the BRRRR Strategy

John O'Leary
#5 Wholesaling Contributor
Posted
  • Lender
  • Winter Park, FL
  • Posts 714
  • Votes 401

@Jeremy Porter. I'm in Orlando also. Happy to connect

Post: Are there websites equivalent to DSeals4MeNow.com in Canada

John O'Leary
#5 Wholesaling Contributor
Posted
  • Lender
  • Winter Park, FL
  • Posts 714
  • Votes 401

investorlift.com

Post: Letter's to find Off Market Properties

John O'Leary
#5 Wholesaling Contributor
Posted
  • Lender
  • Winter Park, FL
  • Posts 714
  • Votes 401

Direct mail works, but you typically need to hit them 3-5 times or be following up with cold calling.  Too many new wholesalers mail them once and give up. What lists are you targeting plays a large roll also.  

Post: Novation in SC

John O'Leary
#5 Wholesaling Contributor
Posted
  • Lender
  • Winter Park, FL
  • Posts 714
  • Votes 401

Talk to my guy Novation king. I'd be happy to make an introduction.