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All Forum Posts by: William Pratt

William Pratt has started 7 posts and replied 17 times.

Post: Client Acquisition (Realtors and Wholesalers)

William PrattPosted
  • Memphis, TN
  • Posts 19
  • Votes 5

https://marutitech.com/chatbots-in-real-estate/

Genuine Market research here.

Has anyone been using chatbots to help with acquisition and marketing at all?

If so, how has it worked for you?

Post: Client Acquisition (Realtors and Wholesalers)

William PrattPosted
  • Memphis, TN
  • Posts 19
  • Votes 5

https://marutitech.com/chatbots-in-real-estate/

Genuine Market research here.

Has anyone been using chatbots to help with acquisition and marketing at all?

If so, how has it worked for you?

Picture this: instead of making $1000 per month on a rental, you can make $1000 per week.

Sound too good to be true? Well that’s how I picture vacation rentals! With the right location and marketing, the way I see it, you could easily make quadruple your monthly earnings (obviously with a few contingencies)!

It’s THIS belief that makes me believe vacation rental can be the best way to maximize profits!

It’s also THIS belief that makes me feel like there’s something wrong with my mindset!

Could someone PLEASE help me understand? I am new, so obviously my knowledge is not nearly as seasoned as many others. Could someone help me come to the knowledge and understanding of what the pros and cons of vacation rentals vs. normal rentals.

Thank you!

Picture this: instead of making $1000 per month on a rental, you can make $1000 per week.

Sound too good to be true? Well that’s how I picture vacation rentals! With the right location and marketing, the way I see it, you could easily make quadruple your monthly earnings (obviously with a few contingencies)!

It’s THIS belief that makes me believe vacation rental can be the best way to maximize profits!

It’s also THIS belief that makes me feel like there’s something wrong with my mindset!

Could someone PLEASE help me understand? I am new, so obviously my knowledge is not nearly as seasoned as many others. Could someone help me come to the knowledge and understanding of what the pros and cons of vacation rentals vs. normal rentals.

Thank you!

Post: New to Investing/Wholesaling

William PrattPosted
  • Memphis, TN
  • Posts 19
  • Votes 5

Hello, BiggerPockets community!

My name is William and I’ve been researching real estate for a while now. The main aspect that interests me (for the time being) is wholesaling.

Yes, I understand that every new person claims they want to do wholesaling because of the supposed lack of monetary investment. However, my motives are different. Wholesaling draws me because it gives me a chance, while I’m young, to put my skills and work ethic to the test and get into the real estate world. I very much plan to build a rental portfolio, but my mission for now is to delve into wholesaling.

I made the “mistake” of buying a course on wholesaling, which actually did give me some good information. However, it didn’t give me everything I think I’ll need.

Anyway, I was just hoping to see if anyone has any advice, tips, or help they could give me. Anything and everything is appreciated.

(I am 23, I have never even bought a personal home, so I am not even familiar with the closing process.)

Thanks everyone!

Post: Brand New to Wholesaling

William PrattPosted
  • Memphis, TN
  • Posts 19
  • Votes 5

Hello, BiggerPockets community!

My name is William and I’ve been researching real estate for a while now. The main aspect that interests me (for the time being) is wholesaling.

Yes, I understand that every new person claims they want to do wholesaling because of the supposed lack of monetary investment. However, my motives are different. Wholesaling draws me because it gives me a chance, while I’m young, to put my skills and work ethic to the test and get into the real estate world. I very much plan to build a rental portfolio, but my mission for now is to delve into wholesaling.

I made the “mistake” of buying a course on wholesaling, which actually did give me some good information. However, it didn’t give me everything I think I’ll need.

Anyway, I was just hoping to see if anyone has any advice, tips, or help they could give me. Anything and everything is appreciated.

(I am 23, I have never even bought a personal home, so I am not even familiar with the closing process.)

Thanks everyone!

Post: Wholesaling Backwards Anyone?

William PrattPosted
  • Memphis, TN
  • Posts 19
  • Votes 5

@LaKeisha Chase

I am relatively new to this as well, but from what I understand it is very helpful to have a list of buyers who have proof of funds available before getting a seller’s house under contract. Obviously it doesn’t HAVE to be done this way, but it can definitely save some anxiety and headaches later down the line.

Post: I'm an Orlando Florida newbie

William PrattPosted
  • Memphis, TN
  • Posts 19
  • Votes 5
@David McKee welcome to the Bigger Pockets site! I’m essentially in the same boat- just trying to absorb everything I can before making a big decision. I live in the Memphis, Tennessee area but plan on moving to the Orlando area within another year or so. Great to see you on here and good luck!

Post: Looking to network with investors in the Denver area

William PrattPosted
  • Memphis, TN
  • Posts 19
  • Votes 5
@Kourtne Stancil I’ve had no closings yet, as I really only started getting into it about a week ago, and I absolutely still have a lot to learn.

Post: Looking to network with investors in the Denver area

William PrattPosted
  • Memphis, TN
  • Posts 19
  • Votes 5
@Kourtne Stancil I actually am taking an online marketing course at the moment for using Google and Facebooks ads and its very informative. You can probably just look up how to do them and get better information than I can give on them. As far as who I’m calling, I currently just drive around and use Realtor.com and Zillow and Craigslist to find FSBO listings and I contact owners from there.