All Forum Posts by: Levi T.

Sure, just have them sign a contractor agreement stating they have these things, insurance, etc. It won’t always get you out of workman’s comp or unemployeement disputes if it arises, but at least your not paying their taxes.

LOL it’s Levi not Pro. I would send them no less than 1x a month. I like 2x a month personally. It's about brand building, and timing. Some people will keep your letters and do nothing for years, but will respond if you hit them at the right time, tho they get them every month for years on end. When they are ready they will call. Start with a simple letter, then improve on it as you get feedback from callers. Good luck!

If mailers are not working, then you need to work on fixing your mailers so they are. Refine target audience, and work on your letter wording. Keep it simple!

It's not about adding to your marketing. It's about refining what you have so it works, or you drop it as a marketing channel and move to others.

A lot of agents I get mailers from, spend way to much time focused on the dumb stuff. Like using glossy material, or saving cost by using post cards vs a standard letter, they want to look all pro but forget the #1 goal, conversion! 

What they simply needed to do was send a basic letter asking me if I want to sell my property, I don't need to know about their success, history or anything... They should just have one question, and want one answer... do I want to sell, and will I please call them!

It does not need to be in color, does not even need to have your logo, photo, or business card, or anything. Just a simple letter. Mail 20-40 peaces a day or week, by hand, to select areas that comes to mind, over and over and over... will produce results. period!

Tip, don't be sending letters to people who paid 500k for a house in 2005-2008 that's now worth 200k, they cant sell as they are under water.

Not really... I don’t event care about post count, number of votes, or number of doors they have. 

Syndicators know syndicating, flippers know flipping, landlords know renters, and bankers know banking. 

The only thing in common is they all know only what they know, and nothing more. No one can see around corners, or the end results.

Everything here is excel sheets and personal opinions, which is why bankers lend and borrows borrow, yet borrows still default daily... it works on paper and opinion, but not always in the real world where you can take one deal, and two people, yet get completely  deferent results.

BP is like a river, you can read the currents, but the decision when to jump in and swim, is all you!

We’ve done a few... They post it below market price to create a small bidding war. Once all offers are in, they tell everyone to submit their highest and best... that results in 2-3  people loosing their ever loving minds, and making absolute top offer that sinks all other reasonable offers.

We win some from time to time, best you can do it toss in a decent offer around or slightly above asking and walk away, hopefully you win.

No need to over think it. What is right is right . If it feels right, you'll be ok. It's not a game ender if you do or don't. Find another deal you like, then sell it, or don't, or just sell it now. Whatever you decide, it was right!

Well written, everyone has their own path, that's true. What is the one thing you learned that definitively contributed to you going from 5.6k per deal, to 27.2k per deal?

A commercial bank will want to see you tax filings, having the holding company won’t do anything for you really vs just having yourself listed as the entity owner. Anyone can sue you or the parent entity all the same, however they have to pierce  the vail in both cases, which would be very hard...

It's a real PITA to keep each property in its own LLC, when your small it's all fine and well, but once you get 50,100,500 properties with just as many entities. That's bananas. Most group properties by area, building or something else.

Most commercial banks you will want to do business with are locked into a state or a small number of states, so investing out of state gets harder as your splitting up your business relationship with other banks in each service area. You want to focus on building your relashionwhip with a bank.

Yes you can buy/be the sole owner of a property if your married or not, no quick claim needed or anything. If you two split, she likely can still lay claim to some percentage of it.

Federal law requires BP to remove anyone under an adult age from the website if they learn they are under age, like a user claiming they are in a thread or in a private chat.. otherwise they could land themselves in a big time lawsuit that they will lose. For example Children's Online Privacy Protection Rule ("COPPA"), required anyone under the age of 13 has to have their parents in on the process. BP has give their parents a 2nd account to monitor the other account so they block access, see chats, etc. BP also has to get IDs, watch chats logs themselves, etc... Why you think Facebook banned anyone under the age of 18. It's a real PITA to develop into your backend.