All Forum Posts by: Matthew Morrow

Deal Machine is great. From our experience the more specific the lead source / type the better. On average, 10 calls, 3 appointments, and 1 closed deal / 3000 mailers of highly customized criteria. Cost / closed lead turned out to be $2k or so. An easy number to swallow for acquiring another property. 

On Wednesday, July 19th we will be having our next in person and online meet up. Join us as we discuss effective methods on preventing issues with your mortgage prequalification with Mike Giglio of Cross Country Mortgage, Plus a discussion on employing the use of Artificial Intelligence in your RE business with Brian Walter of Walter Realty Solutions.

Zoom link:

Join Zoom Meeting https://us02web.zoom.us/j/84805830197

Meeting ID: 848 0583 0197
One tap mobile+19292056099,,84805830197# US (New York)+16469313860,,84805830197# US

If you are in the area we would love to meet you in person! Please RSVP to Matt as in person spots are limited. Location address as follows.
Where: The Morrow Wargo Group: 4295 Tilghman St, Allentown PA 18104
When: Weds July 19th 2023, 630-8pm Eastern 
Please RSVP to Matt Morrow for in-person attendance: [email protected] or 610-703-6173.

Light refreshments will be provided.
Google Maps / directions link: https://goo.gl/maps/zuxMggWqkajAGzWT8
No matter if attending online or in person you are guaranteed to learn from various aspects of real estate from the experienced investors in this group. Please bring all and any questions you may have!
Lastly, if you have not done so, please add our email to your contact list ([email protected]). We don't want you missing out on a night of fun due to our emails going into your spam folder.

Youtube page & past videos:https://www.youtube.com/@reipartners3539

Looking forward to seeing you all soon.

Quote from @Brandon Allenczy:

@Matthew Morrow I actually wasn’t licensed at the time, but basically, yes! I just searched for on market multi family that hadn’t moved in a while then just offered what got me the #s I was looking for. 

 Oh nice! Thats exactly the tactic we use and it works very well. 

Youll love the BP premium- connect with so many fantastic people on here. Its by far the best ROI for working with investors.

2200 / month is fantastic cash flow. What's the ARV of this after your reno?

@Ryan Legat best decision of your life! Love it dude. 

Glad to have you on the team!

15% COC is a great return for an on-market property. I see your liscened- was this a distressed asset listed for a while? We use that tactic quite a bit. Anything 60+ days eliminates most competition.

Nicely done!

@Vina Rodriguez Nicely done! Keep at it. 

SDIRA's are powerful and this will be a great portfolio addition. 

Welcome! Remote investing can be fantastic. Just need a solid team and support structure to build your base. Not all markets are created equal, so do your metro area research on potential candidate locations -BP is great for that. Best of luck!

Quote from @Jake Silverman:

@Matthew Morrow can you give any insight into your VA use? I am looking to get one to handle taking maintenance requests and coordinating vendors.

Honestly, Mixed reviews. Mostly for paperwork and some data sorting / occasional cold call. Has been a while so not sure which is the best not. Apartments.com, Google domain with paid voice account that the team uses.  We’ve also had great luck with Grasshopper digital phone line also.  They have a feature now called Ruby receptionist. Sort of 24/7 VA within the phone system. 

Thanks @Dave Foster. Didnt think this one would be possible but wanted to check. Appreciate you!