All Forum Posts by: MICHAEL YBARRA

I have been complying a list a probate leads, so I have a little list now. I have been hand writing the letters but handwriting all the letters is going to take a lot of time.

Does anybody know where I can get my mail list mailed out for me?

Erick -

when you create your list, make sure - you put the date into a spread sheet -

label your columns correctly across the top on the spread sheet - then mail merge into your saved letter#1 (word doc) to the PR

If your list is small - this will be very easy

We're not big ballers - but we still print professional looking letters (logo across the top)

our kids stuff the envelopes and put the stamp on them - using this process

good luck

Michael Rae

0 Votes

Originally posted by @Francesca S.:

Hello!

My name is Francesca and I am totally new to the real estate field. I am an architectural designer that is interested in having additional sources of income through rental and fix-flip properties.

The Southern California market seems hard to get into, so I am interested in getting into out of state and international markets (especially Asia) as well.

I am pleasantly surprised by the very active and useful (and free!) community that exists here. I am eager to learn as much as I can from everyone else.

Francesca - Welcome!!

Everybody has their own opinion, personally we love the So Cal market, you're right it's competitive - because there's money to be made here!! For a new investor, we encourage people to stay in their own backyard - gives you a chance to drive by and see how your money is being invested and being used. Focus on a niche and market the crap out of it!!!

Sounds like you have a steady paycheck - that's great!!

now focus on a marketing plan and budget - and work it!!!

Marketing is the blood to this business!!!

wish you the best

Michael Rae

0 Votes

Originally posted by @Jay Luke:

Originally posted by @MICHAEL YBARRA:

Originally posted by @Jay Luke:

Hello,

So I go my sellers list from list source and my next step is mailing each one. Is it a good success/deal rate with list source? Should I expect a high volume of calls?

Jay - remember!! the money is in the follow up "mo follow up - mo money"

Michael Rae

Thanks Micheal. Just curious after I send out my first set of letter how long should I wait to do a follow up letter?

Jay - Depending on the type of lead:

1. Probate leads - we like to hit them - 1 / 4 weeks (motivated seller - we need to be in front of them - when they're ready to sell)

2. Absentee Owner - we like to hit them - 1 / 6 weeks (Semi motivated - we need to be in front of them - when they're THINKING ABOUT SELLING)

Jay - ALL marketing is like a thermostat

Brotha - you need to turn it up when the phones are cold and MAYBE turn it down when the phones get hot!!

Jay - PM me - we can talk in detail

Michael Rae

2 Votes

Originally posted by @Jay Luke:

Hello,

So I go my sellers list from list source and my next step is mailing each one. Is it a good success/deal rate with list source? Should I expect a high volume of calls?

Jay - remember!! the money is in the follow up "mo follow up - mo money"

Michael Rae

2 Votes

Originally posted by @Jamie Garcia:

Anyone here in LA able to point me out to Newbie Friendly REI clubs here in Los Angeles?
I live in the San Fernando Valley.

Thanks!

-Jamie

Hey Jamie - REIC of Los Angeles is pretty good - google it and go to meetup.com

they are all around everyday, I encourage you as a newbie - go to 2 per week.

This business is all about networking...

remember "The more hands you shake - The more money you make"!!!

have a bless day brotha!!!

Michael Rae

0 Votes

Originally posted by @Evans S.:

We are new to the forum in San Antonio looking to expand our marketing and find motivated sellers. Any suggestions besides direct mail would help. Thanks!

Evan - research and choose the best type of lead, from our experience and results...

we prefer probate leads - we think they are the best motivated seller, this is only our opinion - we know what works for us.

I wish you the best of luck!!!

Michael Rae

0 Votes

Originally posted by @Justin Wragg:

Hello,

I am relatively new to BP. I am based in North Hollywood, CA. I have been doing real estate for a short while now. Prior to real estate I was in film/ tv production since 2008. I have gotten several things under contract(in various states) but have yet to get anything closed. I am looking to meet new people and connect with other investors inside and out of my area. I am currently attempting to wholesale but eventually would like to make the leap to holding (affordable) single family homes or du/tri/fourplexes. My first buy and hold investments will most likely be out of state as CA is expensive to purchase in. I am leaning for certain areas possibly in MI, NC, FL, OH, NV, AZ, or TX. Thoughts?

I am looking forward to buying apartment complexes with value-add potential increasing their value then flipping them. My ultimate goal would be to own multiple (100+ unit) multi-family properties all across the country. (Think Irvine Company in Orange County,CA, but all across the US.) Ambitious.. I know. lol

I am also a fan of development. Someday I would like to have the capitol and connections to master-plan and develop a city similar to Donald Bren's Mission Viejo in Orange County, CA.

I am all about getting deals done and having win/win/win situations.

I look forward to working and learning with all of you!!

:-)

Justin Wragg

Hey Justin -welcome!!! - this is a great place for like minded folks

Michael Rae

1 Vote

Originally posted by @Justin Howe:

Great, thanks for the feedback @MICHAEL YBARRA What kind of results did you achieve with your postcard DM campaign?

Justin - it's hard to say - our direct mail campaign consist of

month 1 - letter

month 2 - letter

month 3 - postcard

month 4 - letter

month 5 - repeat the cycle

We believe - the postcards work - it's 3 seconds of branding - before they toss it

good luck

Michael Rae

0 Votes

Hey Justin

we have used them in the past, quality was good / nice stock and turn around was good

I think you will be pleased

god luck brotha

Michael Rae

0 Votes

Originally posted by @Dave Metsker:

@Wesley Merville

There are several paid probate lead suppliers.

Dave - sorry those are not probate leads - typically probate leads have case numbers

these leads have no case numbers... just saying brotha

Michael Rae

0 Votes

All Forum Posts by: MICHAEL YBARRA

MICHAEL YBARRA has started 0 posts and replied 78 times.

Post: Where can I get my list mailed out?

Post: Newbie from Los Angeles, Open to Out-of-state and International Markets

Post: list source

Post: list source

Post: REI Clubs in Los Angeles

Post: New member in San Antonio

Post: Newbie From North Hollywood, CA

Post: Anyone use VistaPrint Postcards for Direct Mail?

Post: Anyone use VistaPrint Postcards for Direct Mail?

Post: Do inherited properties make good subject to deal?