All Forum Posts by: Kyle S.

Redfin has Austin down 15% since May's peak.  

My opinion: Does SEO with a good carrot site work, yes it does! I think you have to build a brand like any other business you have to have a presence. That means have a good site, good SEO, get a good logo, get on social media and such. To me that is smart for any business.

But I also think it depends on your budget, but direct mail marketing works as well but it's costly. I think most people give up too fast as it takes consistently following up as just sending one batch of a couple hundred might work or get a bite but that's a risky approach. It might cost a couple hundred to a couple thousand to get a deal with DMM but if the deal makes you 6-10k then that's a great ROI.

I think the issue with wholesaling is most people don't treat it like a true business. 

Two people I like that post about wholesaling on YouTube are Lili Thompson and Ryan Dossey. Both have posted on here as well. Lili posts very basic videos of her working on wholesaling. These will be her videos that are a bit older like a year or so. Ryan has been posting for a bit on YouTube but not super guru more treats it like a business and goes over legit ideas/deals. He also owns Ballpoint Marketing and also CallPorter.

I guess one concern I would have is that I don't personally trust that market is going to go up over the next 2-3 years. If I was a betting man I would bet it's going to go down. It looks like it's gone down 10% over the last couple months since the peak. I think everyone that has bought in the last couple years would love to keep the equity they had at the peak a couple months ago but I think most markets their equity is most likely going to go down in the very near future.   

If college kids live in the units are there any that would cut the grass for some money off of their rent? Just a thought! 

@Julie Marquez I have a very complex business outside of real estate and we just pay our tax accountant a monthly rate to keep our books in order. It's super cheap and it's in Quickbooks so they have access to it. He doesn't even do it one of his employees that is way cheaper does it for us. We sign a yearly contract with them to do it and they also do our taxes, so it makes life way easier for them when it comes tax time as well because they have been spending a couple hours a month making sure our books are perfect. It's way cheaper then hiring a bookkeeper so made sense for my small business.  

Also agreed on Graham. Never looked at him as a Fake Guru. I don't love the clickbait path he has taken recently but he's a smart guy I'm sure there must be a reason for it. 

Really wish you would dig deeper into the real estate guru's space to let the community know which one's are legit and which one's are not. Seems that industry is growing by the day and I'm sure some are good people trying to help but seems like it has a majority of not great people in the space mainly ripping people off.

Good to know on Jay Morrison and Clayton Morris.  
 

I'm in a very similar situation so dying to hear what people think especially full-time wholesalers.  

Just my opinion I liked the main BP podcasts way more when I didn't have to hear a sales pitch on almost every podcast that be it from the hosts and/or the guests. I personally miss Brandon Turner on it. Why I have started listening to On the Market and the Money podcast with Scott Trench way more than the main podcast on the channel.