All Forum Posts by: Joey Chavez

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@Jeffrey Tripp Welcome to BP. It seems like a simple thing but reaching out in BiggerPockets about getting started as a real estate investor is a great first step. Congratulations and I wish you a ton of success.   Feel free to message me with any questions.

@Ryan Shannon  Congratulations and I wish you a ton of success. You are not alone in your real estate ambition.  Feel free to message me with any questions.

@Adrian Mills Hi there and welcome to Bigger Pockets! You just took a giant leap in the right direction; signing up on Bigger Pockets! Bigger Pockets is the best way to go when it comes to getting deals down correctly and reaching out to seasoned investors. Congratulations and I wish you all the success.  Feel free to message me with any questions.

@Charles Johnson

Hi Derrick!

Love this question - it’s right up my alley.

I would definitely recommend you market to LLCs - so many of our deals come from that. You’re removing a lot of potential deals if you remove LLCs. I would also recommend pursuing any neighborhood A-D as long as it matches your acquisition criteria and passes all of your tests.

I have to add my two cents about driving for dollars though - because there’s a better way!

We are wholesalers of many types of properties, and one of the reasons it is so great is because we can do it from literally anywhere, we don't have to be where we are looking to buy.

We are direct mail acquisition machines all without leaving our office (or home, or wherever we happen to be that day - haha). We pull assessor data from a direct link of the type of properties in the areas we want and send ALL the property owners an offer. (Not only out of state or tax delinquent.)

We scrub the list and then spend a tremendous amount of time on pricing, because although these offers may be a lot less than retail, they are not out of the question. We explain in our offer letter to sellers that we are serious investors, we are not agents/brokers, we pay cash, and are prepared to close in as soon as x number days. Then we wait for the motivated sellers to call us - and believe me they do. It works amazingly well, and it is how we get there first.

Knocking on doors (aka "driving for dollars") is an outdated way of doing this. We now have DATA and computers and direct mail making our lives easier and our time more lucrative.

Please feel free to reach out if you have any questions!

@Gavin Conlon Welcome to Bigger Pockets! BP is the ultimate learning center for real estate investment. At BP, not only can you network with other real estate investors, you can learn from the informative forums posted daily on the site, find properties that are for sale, and take free courses. You have come the right place and I wish you best of luck.  Feel free to message me with any questions.

@Richard Bonisa Welcome to BP. It seems like a simple thing but reaching out in BiggerPockets about getting started as a real estate investor is a great first step. Congratulations and I wish you a ton of success.   Feel free to message me with any questions.

@Max Sturdy Welcome to BP. It seems like a simple thing but reaching out in BiggerPockets about getting started as a real estate investor is a great first step. Congratulations and I wish you a ton of success.   Feel free to message me with any questions.

@Robert Turner You just took one of the most difficult steps in real estate investment; the first step. Reaching out to seasoned investors in BiggerPockets.   Feel free to message me with any questions.

@Lars Horsbol You just took one of the most difficult steps in real estate investment; the first step. Reaching out to seasoned investors in BiggerPockets.   Feel free to message me with any questions.