All Forum Posts by: Julian Robinson

@Sharad M. 

I completely agree with in regards to putting in the effort to accomplish the goal an individual has. I believe in putting every ounce into what your goals are. I guess I was leaning towards the burn out part of the statement, if you don't allow yourself to have a break will that in turn lead into burning out?

I wanted to open up to the investor world and ask a question? The old saying is "too much of a good thing, can turn into a bad thing," or somewhat along the lines of the statement. Now starting out, should you push past the times when your mind is saying take a break, or should you allow yourself to get out and live a little outside of investing?

Thank you for helping me clear up my understanding. I have seen short sales as a great opportunity as well. So, even though you own the property, another investor is not allowed to come in and fix it as it would go against the restriction(i.e., having an undisclosed or disclosed agreement with another party in regards to the purchase)? Just wanted to make sure I understood. 

I have been looking into short sales and I have one main question. What are the main reason people don't go after short sales if it means purchasing a home at a discount(sometimes at a deep discount) that these days are not in terrible condition? Does tying up money for 30, 60, or 90 days present itself as a bad option? Couldn't you allow a buyer to come in while you have the property tied up for that deed restriction do their required/desired rehab and then sell the property to them once the restriction ends while adding in the holding costs? 

The 3rd call  a heck of a fireball of a lady, that ended in a no.

@Daniel Humphries 

The company I used was Listsource in regards to getting the Owner's Address for the absentee owned houses. @Michael Qua rleshas a great introduction to making your list through listsource and distinguishing who your target market will be. The calls I have been receiving have actually been through my actual handwritten yellow letters. Though it takes time, I wanted to send out two different DM pieces to receive feedback on what works best. My yellow letters that I had sent from yellowletters.com have not made it to address's yet. My results so far with the handwritten (which took me about 10 hours in total) has been 3 different calls from sellers, whether motivated  on unmotivated, in 1 week and 2  days time. 

On to calling the 3rd seller!

@David Bateman @Daniel Humphries 

Thanks for the great information. I am definitely preparing to send out the second batch as large postcards, so I  can reach a bigger population. I am also targeting areas where I know there are a couple of investors I have met that are fix and flip. I actually recieved my second and third call yesterday and today of the campaign. I am preparing to talk to the third seller today when they get off work. The second stated that they were not looking to sell there house until the following year or so. However, I am able to keep him on the marketing list to send follow-ups.

@Guy Gimenez 

Those are great areas to focus on, and I plan on accomplishing that as I move forward into the RE realm. It is a lot of information to make a deal roll smoothly, and  I hope to pick everything up as these calls  keep rolling in. 3 in my first week on my first DM campaign. None have shown any true motivation, however it allows me time to learn more into communication skills, contracts, creative strategies, and more like you said.

Congrats on the 1st deal, definitely put some if not all back into marketing and keep rolling! Plus, celebrate on your 1st deal!

@Brian G. 

I am unfortunately limited to a budget for the 200 letters I send out a month. I do always have my phone on me and am ready for that 2nd and further calls. I have had one phone call from a handwritten letter to a seller (motivated but under contract with property manager until October). Gathering a buyers list, along with scouting out FSBO's in my area as far as leads I could cold call have been what I have been focusing on, with the Buyer's list being the main focus. I want to be as ready as possible when I do get those next calls. Negotiation, locating a title company (good with investors), generating contracts, also have been what I will focus on as I am working for more leads.

Thanks for the help, and I believe success will follow hard work!

I wanted to inquire about the legalities of Tax Deed sales. Should I look up the statutes of my local county regarding Tax Deed Sales? Has anyone purchased a property from a Tax Deed Sale yourself?
Also, one of the major inefficiencies I've learned is that a Tax Deed can be nullified is the owner of the property challenges the county in regards to 1) Not receiving a notice of the upcoming auction of the property 2) The notice of back taxes were not received by the owner ( whether it be due to the owner moving or the clerk of courts not doing sufficient duty to connect with the owner.

There is an upcoming tax deed sale in my area, and I was looking to this as a possible way to get my first property