All Forum Posts by: Michael Lerch

Thanks for the replies everyone! Sounds like a template is the way to go and get someone to SEO it for me?

I want to have a main website for sellers with info about me and my business, and have 5 other squeeze page mini websites that would specifically target certain areas so they would be more relevant in the google search for those areas and specific seller (foreclosure, probate, divorce, etc...). I figure the more internet real estate I have the more chances I have at getting the right motivated sellers to contact me.

As for my buyer site I would need more of a realtor type site that I can list the properties I have... but not on MLS since I'm not a realtor.

Lastly would be my blog website where I can talk about my adventures in wholesaling and give more relevance to my seller/buyer websites since my blog/vlog will have updated content all the time.

Thanks!

I currently have freedomsoft so I have a buyer and a seller website, but they don't generate any traffic unless I have links to them.

I want to get a seller website that is SEO for my area. I'm terrible at this. I don't understand websites, keywords (well I get keywords, but don't know which ones to use), or web hosting. I can do a simple template website, but again it comes down to SEO.

I'd also like to start a wholesaler blog with wordpress or something, but don't know how to use wordpress or uploading stuff to the host site with web disks and FTPs confuse the heck out of me.

Does anyone have any resources or tips for this?

Area is really nice and I think the home prices in the area reflect that.

As for the basement I may have misunderstood what partially finished basement means. In this case half of it is finished, and on the other side of the wall is the unfinished side with the water heater, furnace, washer, dryer, mop sink, and fuse box. Does that mean finished or partially finished?

I have a home in decent shape. Seller is motivated and wants to sell by the end of the month. He has about $4.7k in property taxes, and he'll borrow money from a friend to pay the oldest tax to keep the property, but would just rather sell by the end of the month.

comps are 60k range
Avg rent for area is $800 on rent-o-meter
taxes at 4.7k (included in price)
not sure what to estimate for repairs, but it could use paint, carpet cleaning, new toilet, and new lighting in partial finished basement.
Asking $38,000 obo

What do you think?

Thanks! I'll give it a shot

I haven't researched how probates work in Michigan, but I figured maybe someone knows the answer and save me a lot of time looking around.

I tried to get probate records today at the courthouse, and the clerk told me that I can research up to 10 records, and I need to know the case / file numbers. I told her I don't know, and that I'm basically just try to contact the PR/Probate attorney and families that are in probate about buying their inherited estates. She said she can't do anything unless I have the case/file numbers... oh, and only 10 records :( that's not much of a direct mail campaign. This is why I think they're protected, but it also might just be my county being a pain in the butt.

Does anyone do probates in Michigan that might be able to help me out on finding this information? Only way I can think of is reading obituaries and contacting the Probate attorneys.

Thanks

Michael Lauther you just blew my mind. *laughs* I didn't think to look there! Well... if it's on BP it can't be half bad then.

I came across this interesting website called rentOmeter that checks a person's current rent (based on how many bedrooms) against other similar bedroom rentals in the same area.

I've been using it to guesstimate rents I could get for properties after they're fixed up for landlords. I'm not quite sure how or where they get the rent info from so I don't know it's accurate. I don't think I'm allowed to put a link to it here so you'll just have to google it.

What do you guys think? Good or bad tool to use? Is there something else out there that is as convenient besides knocking on doors and asking?

I think J Scott answered your question the best above. Basically it's a 2 way street and you better be willing to split the profit for the experience and advice you get from a mentor... otherwise the mentor won't waste his/her time on you out of the kindness of their heart. It's business after all with a lot of money at stake.

The comment about you being an "unattractive candidate" by Don Konipol is just that you didn't sell yourself, and what's in it for the mentor $$$ wise very well... for example your first post looked like a white cereal box of store brand cereal with a grainy image of what looks to be corn flakes on it, but you could have made it look like Frosted Flakes with tony the tiger on the front saying I'mmmmm "Grrreat!" and want to make a lot of money with you! *laughs* but you get the idea so which box of new guy investor cereal would you buy and put your time into as a mentor?

Just start over and make your next reply/post a more attractive pitch for a mentor to team up with you. Don't get caught up in everyone's critiques of your post and take it personally. It's just everyone's way of trying to help you.

Nathan Paisley Hey you got to be living it up down there in NJ near all those beaches. I'm from central NJ originally by Flemington and Phillipsburg along 78.

That's awesome you made a deal with an attorney like that. 7 pages seems tedious. How do you manage to walk a seller through that without them glazing over or running away? I understand the need to protect yourself, but at some point I think the thought would cross the sellers mind "I'm getting in over my head with all these clauses! Run!" but money is a good motivator to keep them in their seat.