All Forum Posts by: Samantha M.

@Dev Horn Hey Dev, do you have an example template of the letters your franchise sends? I thought I remember you linking to one in a thread from awhile back

Also we never met up the other month, last we talked I had just gone boating up at the lake. Anyways PM me and lets discuss it further if you would like.

As to answer the original question, I like to find the median price for homes in certain zip codes go down about 20-30% in price point and market to them. At that price point its usually the 3/2/2 1200 sq+ that rent really good around here.

Competition, here in DFW its crazy. I showed up at a house last week for probates and the guy received over 300 mailers in a 2 month period. Nuts. Of course I felt quite good knowing he selected mine and only a few others from the massive pile. He told me he liked our message.

People who think probate is a niche market, come down here and market in TX lol!

Ive had all sorts of issues since the latest BP update. For instance the @ messaging system only works occasionally for me now, never used to have a problem with it.

When you are constructing a list with the intent on finding leads for wholesaling, what do you consider high equity, or enough equity such that wholesaling would be possible?

I am thinking 50% or greater.

@Tim G. When you offer an agent 3% for bringing the buyer, how does that work. Is their some specific paper work you need to fill out with the realtor, or is this something you can tell your title agent and have them get a check at closing?

It seems we the seller and I are beginning to reach an agreement on price. The comps in the area for the full ARV all have had central heat / air installed. I went ahead and factored that into my repairs and made my offer accordingly.

My question is where will the furnace in an older home go? The condenser can go outside obviously. The house has a crawl space and that is where the old heating unit currently is.

There may be some room for a furnace in the attic, but if I am not able to do that, where else could the furnace possibly go?

A big thank you in advance to everyone.

Thanks for your great reply Brad. In regards to the second photo and the possibility of a truss uplift, that sounds rather involved. I suppose for such a fix roof and foundation repairs may need to be in order yes?

Whatever that idea is share it with us here please, always learn a ton from your posts!

Probate here in DFW is super compettitve. I was at a sellers house and he showed me how many mail peices he received in a 2 month period. It was literally over 200 mailers.

Hey Bryan, thanks for the reply. Would you mind providing a quick break down of the formula you use for rent to ARV ratio and how you apply it in your market? Thanks

Thank again to both of you I really appreciate it.