All Forum Posts by: Zach Schaar

Check this out, it may be helpful!

http://www.biggerpockets.com/blogs/3572/blog_posts/25567-deal-to-leads-ratio-or-how-many-leads-does-it-take-to

@TJ Sayers

I agree with @Brian H. Build up your buyers list first. Yellow letters/postcards are a good way to do this as Brian said from a site like listsource.com . Also, building a lead generating web-site is an extremely useful way to capture both buyers and sellers information. I used wix.com to build mine, and pay i think $10/month for a premium membership, and $14/yearly for a .com address. There are tons of ways to creatively market your business, but those are just a couple..! Good luck.

Interesting video about a guy who scammed A&E's Flip This House.

http://www.youtube.com/watch?v=3aG5G38GzhU

Wholesaling is a great place to start. It takes little to no money at all. Limited experience. And you don't need credit. You can find alot about it on here, and there are also other websites if you just google "wholesaling houses".

Matt,

I am seeing this in Ohio as well. EVERYONE is doing bandit signs and Craigslist. I agree with @Jon Klaus, a yellow letter/postcard campaign is a cheap way to effectively reach a large number of people. I am in the process of thinking of creative ways to market as well. It's a challenge, but we'll figure something out! Good luck.

@Matt Perez

@Matt Perez undefined

Welcome! What type of investing are you interested in? Wholesale, Rehabbing, Renting, Buy & Hold? Best of luck to you! You will learn alot of stuff from helpful people on this forum.

Interesting topic! I know in Ohio you do not have to disclose this, but I probably would just out of honesty to the buyer. Some people don't let things like that bother them, some do.

Best of luck to you!

It really depends on the deal and your end buyer. If they are seasoned property buyers and you've dealt with them before, and they say their interested, run the title search, get stuff going. Trust me, there are good investors out there that will buy again and again and again, so be fast with them!

With others, I use more caution. Def. wait to run the title search until you sign that assignment contract. The only tricky part there is if your contract expires in 10 days and you assign the contract, 10 days may not be enough time to run the search and what not. Some title companies that are investor friendly won't charge you for title searches if your deal falls through. So my advice would be to make friends with a title company.

Before I knew any better I opened escrow and ran title searches, and in the end never closed the deal. I was dealing with a non-friendly investor title company and ended up paying them like $200. So be careful and plan ahead!

@Account Closed

Thanks Joe i'll look into that!

I am curious to know what the best program to use is too. It is very time consuming doing it the way I am right now.