All Forum Posts by: Michael DeFrancisis

Having a good CRM system is key in wholesaling, as you can market all that you want, but if you don't have a good system to track them and follow up, you will lose a lot of good deals.

I built a phenomenal automated wholesaling and CRM platform through Podio that I call Wholesale Hacker.  I've checked out Investorfuse and Reflex CRM, however their monthly fees are way too high.  

I'm not going to advertise here since it's not the market place, but if you'd like to check out my automated package, message me and I'll shoot you a link to my product page.  I've made some sales on it already and my clients LOVE it.

Are you ready to totally automate your wholesaling business?

Whether you're interested in making virtual wholesaling MUCH easier, or interested in having a system that does all of the work for you, you have found it!

Introducing - Wholesale Hacker

This seamlessly automated system runs through Podio, a web based business platform, and it will revolutionize the way that your business runs.  It does everything, and can be run from your phone or laptop:

1.  Automated direct mail

2.  Track the performance of all of your phone numbers (leads, appointments, offers, deals, closings)

3.  Automatic market evaluation and property details

4.  Automatic Max Allowable Offer calculation so that you know your numbers immediately

5.  Automated CRM platform - Follow up reminders and Text/Email Drip Campaigns

6.  Automatic sending of ALL contracts for digital signatures (All Cash, Subject To, Owner Finance, and Assignment contracts)

7.  Automatically create notifications, tasks, appointments, and closings.

8.  Etc!

Take a look at the website, and contact me if you have any questions.  I can refer you to some people who have purchased it as well, so that you can get real feedback.

I am also offering a 30 day money back guarantee, because I am positive it will change your life.

Visit:

Click Here to View Wholesale Hacker

Hey Jose,

Yes, the automated system that I built runs through Podio.  Anybody using Podio already will benefit from the easy transition from where they are now, to full automation.

Thanks!

Mike

Hey Everybody!

When it comes to wholesaling, where is most of your time spent?  Talking to sellers?  Networking with buyers?  Or is it spent on manually running your business (mailing, lead management, property market analysis, sending contracts, marketing deals, etc.)?

For most of us (including myself) our time is spent on the manual processes in our business.  I grew tired of spending all of my time on that, and figured there had to be a better way!

There was no online platform that did everything that I wanted it to do, so I built my own automated system using Podio as the main frame.  

This system has transformed my wholesaling business, and automated processes for me so that I no long have to spend HOURS on my computer!

It can do the same for you!  Check out all of the features it has to offer, and all of the actions it automates:

Click Here To View The Automated System (Wholesale Hacker)

I look forward to working with you!

Mike DeFrancisis

Queen City Home Buyers, LLC

Hey Tony!

I am reaching out to you because you are in search of a Duplex in LA.  Are you moving to LA and that's why you want to buy there?  I'm asking because I have an opportunity in Charlotte, NC, that would yield a similar cash flow as LA, with likely a lower purchase price.

If an out of state investment is what you're seeking, this area of Charlotte is the hottest area in Charlotte, hands down.  Charlotte as a whole is among the best markets in the country (high growth, high salaries, young demographic, etc.).

If interested, check it out at www.queencityhomebuyers.com/property/3101_selwynav...

Have a great night!

Mike

This duplex is located in the Myers Park, which is hands down the hottest area of Charlotte NC.  Current market value for this property is $600,000 - $625,000.

This property is a great opportunity:

1. Myers Park offers the top school district in Charlotte, along with it's close location to the downtown area, and abundant shopping & entertainment nearby.  
2. Properties in this area are mostly single family homes, selling in the $600,000 -  $1,000,000 range.
3. This duplex has been totally renovated (roof, paint, floors, bathrooms, kitchen, etc.).  
4. This duplex is right next to public transportation as well (bus stop).

This area of Charlotte will only attract professional, high quality tenants, and with the demand for this area will drastically lower your risk of vacancy.

Purchasing Options:

Option 1: $515,000 cash purchase (plus closing costs...approx. $3K)

Option 2: Owner Financing

$250,000 down payment, $250,000 financed at 6% for 15 years (no balloon).  Payments of $2,110 per month.

I have 77 pictures, which is too many to post in this thread, so you can view the pictures at my website: 

http://www.queencityhomebuyers.com/property/3101_s...

Please contact me for more information!  This is a wholesale deal, no realtor fees involved.  Seller is interested in closing before the end of the year, if possible.

Thanks!

Mike

724-822-9579

[email protected]

There is definitely a small learning curve up front with Podio as you get started with it.  However, once you overcome that it's a great CRM program.  Without GlobiFlow, though, it's way too manual and relatively useless.

There are many YouTube videos online to help you write the code in order to get Podio to do many things automatically for you.  From lead intake to mailing them a physical contract, it takes me one call and three clicks from my iPhone...that's it (contract mailed using a Zap between Zapier and Lob).  

I think that writing your own code helps as well, because you can understand how to fix small problems that you find as you go along, and you can tweak it to fit your work preferences.  These problems are bound to come up as you scale up your marketing.  Additionally, as your team builds, you can invite them all to your Podio workspace and easily/automatically outsource the work that comes in.

I don't have experience with the other CRMs, and if it is working for you then definitely stick with it!  However, Podio + GlobiFlow + Investor Carrot + Zapier + Lob gets my vote.

Great thread Shawn Loughman ! I am in a similar position, where I work full time as an engineer and am just getting into wholesaling now. I am about to launch my first direct mail campaign, but am worried that I will miss most of the calls due to my full time job keeping me so busy. I have a GV number which I have in all of my business info (websites, emails, letterhead, etc) but that is easily changeable. I was looking into PATLIVE as an option so I don't miss 90% of the calls, but after reading this thread I'm not so sure it will work with GV. I'll need to find an alternative. Have you ever looked into Vumber? That is also a VOIP service that is similar to GV (but costs money). They may give you the functionality you're looking for without the $20/mo for an additional phone line on your Verizon plan. Best of luck, Mike

@Teddy Smith are you sending typed letters to people, and just signing the bottom of the letter, or are you handwriting the whole letter?  I think if you are looking for a house to list (which you are as a broker) then absentee owner would be better response than high equity absentee owner.  As a wholesaler, I feel I should target the high equity absentees because I am looking for a below market price deal.  If they still owe a decent amount of money to the lender, then there is much less margin for negotiation because of that lien.  Do you agree?

@Steve Milford I like the idea of cold calling people, it would be much cheaper and could be more personalized.  How are you obtaining the phone numbers of the owners of the properties?

Hello BiggerPockets!

I have just started as a wholesaler a couple of months ago. I have been spending most of this time developing my websites, forming and branding my LLC, and networking with other investors in the area. With those basics now becoming more and more complete, I am eager to begin my first direct mail marketing campaign.

I have been reading many BP threads about postcards vs. yellow letters, and they each seem to have their own benefit.  PC will be cheaper and would allow me to "scrub" my list, whereas YL will likely have a higher response rate.  To begin, I have roughly 3,100 high equity, absentee owner leads that I want to begin a drip campaign with.  My initial thought was a swing campaign (1st Month = 1,550 PCs, 2nd Month = the other 1,550 PCs, 3rd Month = YL for the month 1 mailing list, etc.).  I would do that for 6 months, for a total of 9300 pieces of mail, touching each lead 3 times.

My question is - does anybody have any advice on a better way to contact this mailing list multiple times? I want the biggest bang for my buck, and while I recognize that there is no "one size fits all" method for wholesaling, the quotes I am getting from PostCardMania and other yellow letter companies are adding up to roughly $6K for 6 months (this includes printing, variable info, postage, and mailing). I fully understand that it takes money to make money, and $6K isn't the largest amount spent on a marketing budget, but I feel there is a more economical way to contact 3100 leads. I'm not sure only 3100 leads will give me a good ROI with this system.

I look forward to your responses!

Mike