All Forum Posts by: Roger Stewart
Roger Stewart has started 1 posts and replied 7 times.
Post: BETTER than buying a high equity or absentee list

- Browns Summit, NC
- Posts 8
- Votes 4
How in the world do you delete your own posts???
Post: BETTER than buying a high equity or absentee list

- Browns Summit, NC
- Posts 8
- Votes 4
Hello to all..
@Jalen, since Friday, I have been doing something similar for Guilford county. Still filtering a list of 5k+ deed date 2009. When I realized that it could be done I wished I could get my money back from the list I bought 3 months ago. the list I bought bombed out, was mostly land and the owners were not interested in selling. I hope the conversion rate with the list I filter works out. Do keep us posted.
Post: Very First Wholesale Call. Yikes!

- Browns Summit, NC
- Posts 8
- Votes 4
@Christa, I hope it helped, let me know how you do...good luck. BTW thanks for the MLS tip.
@Lisa, thanks for the back-up, lol.
@Robert, don't mean to point out the obvious, but if you have an address and/or a name you can get the phone number from the local phone book. www.intelius.com allows you to do reverse searches and I am sure there are many other sites that can provide that info.
To all...I have found that most counties have what is called Geographic Information System or (GIS). It is a system designed to capture, store, manipulate, analyze, manage, and present all the information on properties you need to due your due diligence. I get my Property Report from there. It even shows you a picture with the property lines. The only thing it won't give is phone numbers and market value.
Post: Very First Wholesale Call. Yikes!

- Browns Summit, NC
- Posts 8
- Votes 4
@Christa, I hope it helped, let me know how you do...good luck. BTW thanks for the MLS tip.
@Lisa, thanks for the back-up, lol.
@Robert, don't mean to point out the obvious, but if you have an address and/or a name you can get the phone number from the local phone book. www.intelius.com allows you to do reverse searches and I am sure there are many other sites that can provide that info.
To all...I have found that most counties have what is called Geographic Information System or (GIS). It is a system designed to capture, store, manipulate, analyze, manage, and present all the information on properties you need to due your due diligence. I get my Property Report from there. It even shows you a picture with the property lines. The only thing it won't give is phone numbers and market value.
Post: Rookie Wholesaler operating in Greensboro, NC

- Browns Summit, NC
- Posts 8
- Votes 4
Thank you all for the warm welcome...not sure how often I will able to log on but I look forward to reading and learning all I can from the BP community.
@Brett, 'a bit overwhelming' is an understatement, lol. Thanks for the tip, will do.
@Amanda and Larry, I am sooooo glad I am not the only NC'nian based person on here. We'll talk soon...I hope.
@Steven, gonna hit those videos asap, but right now I need to get acquainted with and learn how to navigate this site, lol.
Post: Rookie Wholesaler operating in Greensboro, NC

- Browns Summit, NC
- Posts 8
- Votes 4
Hello Bigger Pockets community.
My name is Roger, originally from NY. My current 9-5 is in manufacturing and I also do various foreclosure inspections part-time but I have been working too long in both fields, not seeing any fruits of my labor I have decided to take on the title of Rookie Wholesaler. I will be operating in Greensboro, NC, am a member of the TRIAD REIA Group, eager to learn as much as possible to land my first wholesale deal and glad I lucked up on finding Bigger Pockets.
So far I have found a lot of interesting and enlightening information on here, I am confident I will find what I am looking for and need to retire in comfort. I look forward to learning, networking and becoming part of the family.
Post: Very First Wholesale Call. Yikes!

- Browns Summit, NC
- Posts 8
- Votes 4
Hello Christa, my name is Roger...I am a newbie with a list and a few sources too. I have yet to close on a deal but when I got overwhelmed with info, gathering and drafting scripts, drafting other documents, collecting leads, running comps, doing property analysis, researching properties from multiple lists and bandits signs, I said to myself 'if I don't call someone now I will never get to closing', I had to take my first step towards a deal. The goal of the call is to gauge the sellers motivation and to get them to a point where you can get them to a low purchase price without you making an offer over the phone. You need to see the house so you can do a repair estimate.
I had been learning the basics for quite some time and recently decided to get my feet wet and just do it. The more calls I made the easier it got. I found that no matter how much researching I did, comps I ran, prepared I thought I needed to be or how many scripts I came up with, I will very rarely get through those scripts. For me they became a guide and nothing more. The calls I made started taking their own path, til finally I realized that all I need to do is introduce myself, tell them what made me call and let them know I was interested in buying their house followed by asking them any variation of 2 questions...#1 are you interesting in selling? If no, then I'd apologize for calling and ask them to keep my number just in case they decided to sell in the future. If yes, #2 would you mind explaining your situation? From there the conversation will be off the cuff and you will have to listen to gather the info you need, ask questions about the house, make comments, become an associate of theirs on a regular info gathering/sharing phone call. For the most part, if they talk about the house chances are it will be hard to negotiate a reasonable price, not the motivation you are looking for. If they poor their heart out about what they are going through then you have your motivated seller, the question will be, how motivated are they? Once you have determined their motivation you can begin working on getting them to lower the asking price close to or below what your MAO is. If they are motivated enough and they come down close to your MAO ask to meet with them at the property so you can estimate the repairs. For my first few I didn't even care if it was close to my MAO or not I just needed the experience and to get a feel for doing it. I would just make an offer I knew they wouldn't accept and kept it moving.
My advice to you is to go over whatever script you have prior to calling, try to remember the general information you need before calling. Pick up the phone and make the call. Yes you will fumble on your first few, but it will get easier once you understand the goal and add a little personal commonality to it. Practice with properties you aren't even interested in.