All Forum Posts by: Ray Lai

@Rodney Harris

Easy to pay ~12cents a lead from a large data providers for those, and you can filter by high equity for your long years of ownership - you don't care about the years they own it, you care about how much equity they have because if they have a lot you're more likely to get someone willing to sell for less. These are for buy and hold. If you wanted to wholesale or flip, you're better off with SFHs.

@Rodney Williams

Only the leads that call you. Why? Because this is a numbers game and our lists are thousands of addresses and most will never contact you. It's a huge waste of time inputting bad info into a CRM. It'll clutter your CRM and make it difficult to use. CRM should be used for people that have contacted you and that you need to invest time and energy to maximize your conversion rates.

@Janis A.

So many potential different solutions to your common problem, but the best solution depends on your particular details and there are few details in your post. Here are some examples of potential solutions.

1) Your market is super hot and MLS has investors circling like hawks so the good deals are bought instantly in all-cash. In this situation you would look into other avenues to find deals like direct mail or door-knocking if you got the skills

2) You're looking in the wrong area, central areas are much more expensive than commuting periphary areas. If you're trying to start, you might want to look at house hacking a periphary area with a bit of a commute

3) Your numbers may be off. With the FHA at 3.5% you don't need much time to save up a downpayment even in an expensive area

Can go on but you get the picture, by having all the accurate facts for a situation, you'll get better advice. Be wary of the blanket advice that some posters give that helped solved THEIR particular situation in the past. Lots of advice givers in life, not many listeners.

DO NOT BE DISCOURAGED! If you need help with something in particular, feel free to reach out. Lots of fantastic people on here that will help ya if you are willing to help yourself.

@Zachary Bradigan

There are pros and cons and we've tested both and found that for owners with one property, the response rate increase was worth the additional effort to add the personal address. For owners that owned multiple properties, their response rates are usually lower because they are investors that aren't in distress anyways, so taking the additional effort to do a personalized address for each property was not worth it, furthermore deals have materialized by not including an address. Why? Because we actually got deals on another property owned by the same owner, not the address being addressed to, due to having the write scripts and having a high conversion rate by knowing how to effectively talk to sellers.

Our clients have been asking, and we've delivered. reSimpli has launched our beta for our CRM module! Come check us out at:

https://dashboard.resimpli.com/

The Customer Relationship Management (CRM) module is free at the moment and there will always be a free version available. More capabilities will be added in future releases as well.

Current features include:

- An all-inclusive script to guide you in asking the right questions to sellers to capture information for follow-up

- The ability to schedule and track your appointments to know when to follow-up on the responses you receive for your marketing

- Google API functionality, sign up is easy and free

- Zillow incorporated functionality - just enter an address and it'll populate the data on the property for you

- The ability to use google streets to walk around the potential home and see the pin where your house is so you don't get lost

- Easy way to schedule appointments with customers so that you have adequate followup so you get More Deals and make More Money!

If you're not using a CRM, your not maximizing your conversion rate. Follow-up is key in our business. So come check out our CRM while it's free in beta!

It's free so why not improve your business and start using a CRM with built in scripts?

https://dashboard.resimpli.com/

@Devonte Blackmon

Send more mail. The majority of your responses will come after 4+ mailings. Direct mail is supposed to be used in a scalable fashion. If they aren't motivated enough to give you a call, you can cold call but it uses a lot of time and the motivated people are the ones you want that will get you a deal.

If you want the best customer service and direct mail product at an affordable value with a proven track record, reSimpli is here to serve your direct mail needs. You can upload your spreadsheet with your mailing addresses, select the templates you want, pay and send while managing a full campaign with analytics built in. We'll do all the heavy lifiting for you. If you need help with a list, we can do that to for as low as 12cents per lead.

More detailed pricing can be found here:
https://resimpli.com/pricing

- We have proven templates that will get you response for whatever list your targeting, if you have your own we can support that too free.

- We have no hidden fees unlike some our competitors. Our prices are all inclusive including postage

- We offer free mentoring and coaching to our clients - your success is our success!

- Our software includes other additions in addition to direct mail that will help you real estate investing

- Our CRM with built-in scripts is here that you can use for free too! BOOST YOUR CONVERSION RATES!

- We've helped many newbie wholesalers pull down 5 figure deals, help investors find flips, and help larger clients target apartment buildings.

Come join the reSimpli family and get your direct mail done right at a fantastic price!

@Monique Williamson

There are many ways but the lowest hanging fruit is driving for dollars. It works really well with DM. Networking is great but can only take you so far if you want sufficient deal flow. Here's the bible for ya:

https://www.biggerpockets.com/renewsblog/2013/05/0...

If you want help with DM, feel free to send me a message and I can send you a game plan and checklist of items to prep to increase your odds of success for finding deals.

Good luck!

Happy Holidays! Our clients have been asking, and we've been listening. reSimpli is launching our beta for our CRM module! Come check us out at:

https://dashboard.resimpli.com/

The Customer Relationship Management (CRM) module is free at the moment and there will always be a free version available. More capabilities will be added in future releases as well.

Current features include:

- An all-inclusive script to guide you in asking the right questions to sellers to capture information for follow-up

- The ability to schedule and track your appointments to know when to follow-up on the responses you receive for your marketing

- Google API functionality, sign up is easy and free

- Zillow incorporated functionality - just enter an address and it'll populate the data from zillow for you

- The ability to use google streets to walk around the potential home and see the pin where your house is so you don't get lost

If you're not using a CRM, your not maximizing your conversion rate. Follow-up is key in our business. So come check out our CRM while it's free in beta!

reSimpli has proven templates that you can use, or we can support your own design with full printing, packing, and mailing with postage; as low as 40 cents for postcards and 50 cents for letters.

Here are a couple of reasons why you should choose reSimpli for your direct mail:

- We have the best service, period. Ask our clients, we have many testimonials with a proven track record of success.

- No hidden fees!  Our prices are all inclusive unlike other companies that have hidden fees like membership dues or 'discounts' that end up costing more

- Our tips and coaching have helped complete newbies pull down 5 figure deals in their first few months using our service!

- No other service helps you deal with the responses. We have scripts that can aid you and also have a CRM for you to use to follow up on leads and MAXIMIZE your conversion rates!

- There are also other useful free modules in our software for your real estate investing!

So contact either Sharad or I and let's get your direct mail campaign done the right way at a great price!