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Updated over 7 years ago on . Most recent reply

User Stats

48
Posts
15
Votes
Andrew Briggs
  • Investor
  • Fort Worth, TX
15
Votes |
48
Posts

Finding a deal. Got data? Good data?

Andrew Briggs
  • Investor
  • Fort Worth, TX
Posted

How many mailers, signs and other marketing strategies do you deploy a month?  What's normal for an investor to land a deal?  I live in the Dallas Fort Worth, Texas market.  It's a hot market right now.  That's an understatement...  Folks are overpaying and out bidding one another as soon as a property comes on the market.  So much competition, too much competition.  It seems that it's hard to find deals... period.

I'm a dad.  A programmer.  An investor.  In what spare time I have,  I've found a way to sift through lots and lots of data and smoke out rentals and vacants.  Rather than taking the shotgun approach and blanketing a zipcode with mailers spending lots of $$$ on mass marketing, I can specifically target prospective sellers.  For example, I start with 600,000 properties and narrow down to approximately 6,000 properties.  The 6,000 are prime candidates for off market wholesale deals.

I'm not a salesman.  I'm a data nerd.  An analyst and investor.  What do I do with these leads?  I'm not sure that "closing the deal" is my strong suit.  However, I think identifying a solid lead and/or lead generation could be a valuable tool.  Would anyone know of someone interested in this type of service?  I'm trying to guage the market interest because I'm looking at starting my own real estate data services gig.

This is not a solictation.  Just a way to get feedback from the community.  Appreciate your help.

Andy

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