All Forum Posts by: Alexxa C.

Do you turn some into rentals? How many rentals do you own? Do you rehab some and sell them? How many have you flipped in this manner? Or is, "passing along" all that you actually do?

And these people you, "pass along" properties to, they are "business partners", you say? What is the file name of the registered business partnership with the state of Missouri? Or are they not "business partners", but rather people you hope will be your customers in a contract assignment deal?

What sort of "due diligence" are you doing that takes 60 DAYS? Examining every square millimeter of the place with an electron microscope? Or is "due diligence" not something you are doing at all, and you want the 60 days to try to scare up a buyer?

How many times could you possibly need access to the property in order to conduct due diligence? Inspections usually require access once, maybe twice if an air quality test is being done. Are you sure that you don't need the lock-box because you are going to be parading prospective buyers through the house?

My critique of your script is it appears to be one large pile of completely dishonest BS. If you attempted this script with me, I would make encouraging noises, get all of your detailed contact information, and have my lawyer report you to the state.

You are way out of line and obviously there is something going on in your life that makes you behave this way. FYI yes we've purchased properties but we are tired of being landlords and the headache that comes with it. Wholesaling is a new venture and seems easier. Of course you know why I want to put a lock box on the property. NOTHING in my script is BS or illegal. Your comments are way off base and I don't have time to debate with you. End of story.

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Originally posted by @Matt Inman:

Hi @Alexxa C. it sounds good, my only concern would be your due diligence statement, most of the people you will be dealing with want a fast close. Saying it may take 30-60 days to get their money might put a few people off toward going with you. Most people you are targeting will be getting multiple mailers and calls and those people will be closing the deal as fast as they can. You might just say "I will need some time to due my due diligence".

Just my 2 cents.

Yes I am concerned about that 30-60 day part. Thank you. If I don't say that over the phone how do I overcome it on the purchase contract? I'm thinking the seller will see the close date and say "Hold up thats 60 days!!! You told me a few days." What would you say in that situation?

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Initially we will talk about the property/their situation then I will say the below. I don't want to waste my time with sellers who do not agree with my process. Tell me what you think.

My husband and I purchase homes all over Missouri. Some of the homes we turn into rentals, some we rehab and resale, and others we pass along to business partners. I will need about 30-60 days max to due my due diligence on the property, but it usually takes two weeks to close. This also means I’ll need access to the property. Normally we put a lock box on the door. Will that be ok?

Lets set up a time to meet so I can see the property.

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Most people say if I can't find a buyer the purchase agreement can be broken. My only issue is these people are not in Missouri. Does MO have the same rules? I don"t want the seller to force me into a purchase. The contracts I see don't state I can get out if need be. Also can someone send me a copy of the contract I should be using?

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I'm totally green on wholesaling but have been originating & closing mortgages for a decade. My research says I need to start direct mailing absentee owners. I have my list but I need the best content to mail.

Where can I find yellow letter documents that are working in 2015? Every sample I find online is so old and seems like junk mail. Can anyone help with these docs?

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All Forum Posts by: Alexxa C.

Alexxa C. has started 3 posts and replied 5 times.

Post: Critique my script to sellers

Post: Critique my script to sellers

Post: Critique my script to sellers

Post: Can't find buyer - Missouri

Post: The best yellow letter/postcard content sources?