Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Ray Lai

Ray Lai has started 241 posts and replied 1029 times.

Post: Scripts and customer relationship management software - free

Ray LaiPosted
  • Investor / Vendor
  • San Diego, CA
  • Posts 1,054
  • Votes 949

REsimpli is offering free Customer Relationship Management (CRM) software with built in seller-intake scripts to help you manage your marketing leads. Our reliable CRM should help increase the number of deals you get from your marketing & mailings by supporting more efficient, reliable and automated follow-up. It'll remind you to follow-up to close deals, and help you ask the right questions.

Check it out here:

https://dashboard.resimpli.com/

We'll always support a free version of our software. However, more advanced capabilities are being added in future releases as well and we'll eventually charge a small subscription for the superuser version.

Current features include:

- Intake script that contains questions to ask sellers of properties in order to capture accurate information for follow-up

- Ability to schedule and track appointments to enable efficient follow-up for responses and reminders to follow-up

- Full Google API functionality for fast and easy sign-up

- Full Zillow API functionality - just pop in an address and it'll auto-populate the data for the property for you using the Zillow database

- Google street view functionality so you can virtually walk around the potential home and it places a pin where your house is so you can tell where it is in relation to other properties on the street as you virtually walk it.

So why wait? If you want a higher conversion rate for your direct mail and other real estate marketing campaigns, then come check out the REsimpli CRM to close more deals. It'll help you schedule and conduct improved follow-up with your sellers, which will increase your profits as you land more deals. Solid communication is quintessential in our business and having a system is essential and will save you time, headache and increase your closing rate. It'll also help you ask all the right questions to sellers so you won't drop the ball and miss out on crucial information about your property you're buying.

Post: Unbeatable direct mail service with great price and analytics

Ray LaiPosted
  • Investor / Vendor
  • San Diego, CA
  • Posts 1,054
  • Votes 949

If you want your direct mail to get you the responses to feed your real estate investing with the best service and a fantastic product, you should check out REsimpli for your direct mail campaign. We've built analytics into our software and offer postcards as low as 40 cents, yellow-letters and business letters as low as 50 cents. Price includes everything: printing, stuffing the envelope, packing, mailing, and postage. You'll be able to access the analytics for your campaign from the REsimpli dashboard.

Free mentoring is included as well - our service is unbeatable. We even have a free CRM to increase your conversion rates and other modules! Your success is our success.

Here's are some reasons why our customers have been choosing REsimpli.com for their direct mail. You can look forward to:

  • The best service, period. Tips, tricks, newsletters with market trends, you name it we have it.
  • Very competitive pricing
  • Quick turnaround and prompt responses in our communication
  • Many designs to choose from that are proven to get you responses and deals
  • Free custom designs or support if you want to use your own
  • No monthly or hidden fees
  • Buy leads for as low as $0.10/lead
  • Industry leading customer service

  • REsimpli - Tools to Simplify Real Estate Investing

    You can upload your list with a few clicks and then you'll have a professional and expertly run direct mail marketing campaign with excellent customer service. If you need a list, we can help with that as well.

    Additional Pricing info:

    Postcards:

    $0.60 for less than 200

    $0.45 for 200-1,000

    $0.40 for more than 1,000

    Letters:

    $0.70 for less than 200

    $0.55 for 200-1,000

    $0.50 for more than 1,000

    Post: Direct mail game plan, scripts, and checklist to start

    Ray LaiPosted
    • Investor / Vendor
    • San Diego, CA
    • Posts 1,054
    • Votes 949

    If you want to use direct mail to get more deals for your REI and you need some help getting started, I can provide some coaching and send you a free direct mail game plan, checklist of things to prepare to increase your chances of success, scripts on how to talk to different types of sellers, free software to use for your real estate investing including CRM, templates for your direct mail, contracts, calculators, and answer questions.

    Make sure to message  me with your status on where you are in the process in your direct mail. Messages like: I'm so motivated and not sure what to do show that you're not serious and unlikely succeed in the business.

    I've been helping many new wholesalers and flippers start or increase their deal flow. Just shoot me a message or email with your background and status on where you're at in your education process and I'm happy to coach people that are truly driven as I have some pretty awesome mentors myself and love to give back. Although this is free, I don't just coach on anyone. I've coached a lot of people so I can tell who the time-waster talkers are and see who are the ones that take action to get results.

    Post: Blogposts from successful direct mail users and their tips - free

    Ray LaiPosted
    • Investor / Vendor
    • San Diego, CA
    • Posts 1,054
    • Votes 949

    Our users at REsimpli are passionate about REI estate investing and have been so kind and gracious to share some of what they've learned. The knowledge in the REsimpli blog posts contain information about their deals and how they use direct mail to get solid leads and profits. Come check out many tips, tricks and knowledge accumulated at:

    https://resimpli.com/resimpliblog/

    REsimpli has investors old and young, experienced and new, all using our direct mail to pull down big deals for their wholesaling or flips! All our users are on the BiggerPockets forums as well so you can check out their businesses and profiles here too.

    Come check out the treasure trove of real estate investing and direct mail knowledge that will help you with your marketing funnel for your real estate investing. Many entries have tips on direct mail and how they use it to scale up their businesses.

    Invest in yourself and your education! Knowledge increases your odds of success along with follow-through.

    Post: Housing Stipend: cover rent or buy house?

    Ray LaiPosted
    • Investor / Vendor
    • San Diego, CA
    • Posts 1,054
    • Votes 949

    @Jeffrey Nordin We're pretty late in the real estate cycle in most California markets and yours sounds no different. I think your gut is telling you that that betting on appreciation as your only out is not the wisest choice. 

    Couple of options perhaps

    1) Look elsewhere where you have boots on the ground in cash-flowing markets 

    2) Pursue off market deals - takes a lot of time and knowledge though, you sound like a busy professional

    3) Live-in house hack - that's if you were staying longer though, if you're forced to move and your rent doesn't cover expenses and the cycle ends, you're stuck

    Post: Advice. House hack vs. Marketing $

    Ray LaiPosted
    • Investor / Vendor
    • San Diego, CA
    • Posts 1,054
    • Votes 949

    @Luke Slapa

    Hope the deal closes and you get the 14k. Don't count your chickens before they hatch.

    I see lots of people giving you advice when the answer is really - it depends. For example, how much are the tris/quads in your area that you're looking at? Unless you're in a very cheap area, 14k is typically not enough to househack. If it is, then by all means do it. You also need to factor in other costs if you haven't owned a property before. Also FHA is really 1.5% more if you factor in the other fees so it's more like 5% even though technically it's 3.5%; there are some credit unions that give awesome 5% down conforming loans without those fees.

    If you're successful at wholesaling, re-investing in scaling your business so that you have a bigger chunk for a deal would be prudent.

    Again though, look at the numbers.

    Post: Customer Relationship Management software with built-in scripts

    Ray LaiPosted
    • Investor / Vendor
    • San Diego, CA
    • Posts 1,054
    • Votes 949

    REsimpli is offering free Customer Relationship Management (CRM) software with built in seller-intake scripts to help you manage your marketing leads; using our CRM should increase the number of deals you get from your marketing & mailings by supporting more efficient, reliable and automated follow-up. It'll remind you to follow-up to close deals, and help you ask the right questions.

    Located at:

    https://dashboard.resimpli.com/

    We'll always support a free version of our software. However, more advanced capabilities are being added in future releases as well and we'll eventually charge a small subscription for the superuser version.

    Current features include:

    - Intake script that contains questions to ask sellers of properties in order to capture accurate information for follow-up

    - Ability to schedule and track appointments to enable efficient follow-up for responses and reminders to follow-up

    - Full Google API functionality for fast and easy sign-up

    - Full Zillow API functionality - just pop in an address and it'll auto-populate the data for the property for you using the Zillow database

    - Google street view functionality so you can virtually walk around the potential home and it places a pin where your house is so you can tell where it is in relation to other properties on the street as you virtually walk it.

    If you want a higher conversion rate for your direct mail and other real estate marketing campaigns, then come check out the REsimpli CRM to close more deals. It'll help you schedule and conduct improved follow-up with your sellers, which will increase your profits as you land more deals. Solid communication is quintessential in our business and having a system is essential and will save you time, headache and increase your closing rate. It'll also help you ask all the right questions to sellers so you won't drop the ball and miss out on crucial information about your property you're buying.

    Post: Direct mail w/ print, pack, mailing and unbeatable service/value!

    Ray LaiPosted
    • Investor / Vendor
    • San Diego, CA
    • Posts 1,054
    • Votes 949

    If you want your direct mail to get you the responses to feed your real estate business with an outstanding product at a great price, you should check out REsimpli for your direct mail campaign. We have built in analytics as well and we offer postcards as low as 40 cents, yellow-letters and business letters as low as 50 cents. Price includes everything: printing, stuffing the envelope, packing, mailing, and postage. You'll be able to access the analytics for your campaign on the dashboard.

    Free mentoring is included as well - our service is unbeatable. We even have a free CRM to increase your conversion rates and other modules! Your success is our success.

    Why do our customers choose REsimpli.com for their direct mail? Because we provide:

  • The best service, period. Tips, tricks, newsletters with market trends, you name it we have it.
  • Very competitive pricing
  • Quick turnaround and prompt responses in our communication
  • Many designs to choose from that are proven to work
  • Free custom designs or support if you want to use your own
  • No monthly or hidden fees
  • Buy leads for as low as $0.10/lead
  • Industry leading customer service

  • REsimpli - Tools to Simplify Real Estate Investing

    Just upload your list and you are a few clicks and you can have a professional and expertly run direct mail marketing campaign with excellent customer service. If you need a list, we can help with that as well.

    Additional Pricing info:

    Postcards:

    $0.60 for less than 200

    $0.45 for 200-1,000

    $0.40 for more than 1,000

    Letters:

    $0.70 for less than 200

    $0.55 for 200-1,000

    $0.50 for more than 1,000

    Post: Mentoring for direct mail available: plans, scripts, checklists

    Ray LaiPosted
    • Investor / Vendor
    • San Diego, CA
    • Posts 1,054
    • Votes 949

    If you want to use direct mail to get more deals for your REI and you need some help getting started, I can provide some mentorship and send you a free direct mail game plan, checklist of things to prepare to increase your chances of success, scripts on how to talk to different types of sellers, free software to use for your real estate investing including CRM, templates for your direct mail, contracts, calculators, and answer questions.

    Shoot me a message with your status on where you are in the process in your direct mail. Messages like: I want help with nothing specific shows that you're unprepared and won't succeed in the business.

    I've been helping many new wholesalers and flippers start or increase their deal flow. Just shoot me a message or email with your background and status on where you're at in your education process and I'm happy to coach people that are truly driven as I have some pretty awesome mentors myself and love to give back. Although this is free, I don't just coach on anyone. I've coached a lot of people so I can tell who the time-waster talkers are and see who are the ones that take action to get results.

    Post: Sending out mailers!

    Ray LaiPosted
    • Investor / Vendor
    • San Diego, CA
    • Posts 1,054
    • Votes 949

    @Casey Walker

    It's better to send 6 mailings every month to 300 people consistently, than 1 mailing to 2000 people if you're talking in terms of response and conversion rates. Also, mixing up the mail piece types helps too.

    I'm surprised anyone would advise against systems. Systems are how you succeed at any business. Systematize your processes so that you become more efficient and can scale effectively as you achieve deals. For example, a CRM you can get for free that will help you with tracking and following up with your leads. Not using one will hurt you in the long run.

    Following up and returning calls ASAP if you miss them is crucial, even better is to learn how to listen for distress and motivation and pick up calls live and learn how to LISTEN and COMMUNICATE to get deals. You need to be able to educate the seller on the rehab costs if they are asking for silly amounts (which they often will).