Pre foreclosure leads

[Dave Halevi]

Good morning BP community.

After some research, I think that cold calling is the most efficient way to reach out to homeowners, and I'd like to ask 

Where can I find good VAs?

What's, in your opinion, the best platform to generate leads?

Thank you in advance!
 

[Nadeem Alamgir]

You can find good VAs on Upwork. Don't settle for the first VA you interviewed. I would interview a couple of admins and ask them "when" and "if's" questions.

After you hire the VA, you have to train them. I highly recommend creating procedures for them, either written or recorded. Have them shadow you consistently and check in with them.

I recommend not delegating a task until you are 100% successful at the task yourself.

[Gustavo Munoz Castro]

We've found the best VA cold callers are in Mexico and Latin America. Reasons being: they have Native English since most grew up in the US, they have a better sales/hustle culture, there is a huge call center industry there you can recruit from. Experienced cold caller are in the $5-$7 dollar/hour range + bonuses on results. Let me know if you need more info.

[Ron S.]

so I understand...you are going to find leads and have people cold call and solicit them for what...to sell you their home? or...are you planning on "helping them" (adding/transferring title into your name)? Or doing a "subject to"?

Not sure what your goal is but before you start messing with homeowners in default (regardless of what stage), you might want to read up on the foreclosure laws in the state you are trying to do business in. In some states, you must be licensed. In other states, attempting to "help" homeowners in foreclosure (or in imminent danger of default) can put you into the crosshairs of an attorney general or worse, a DA.

I've enjoyed being part of personally exposing scammers that prey on people to strip them of the equity in their homes. Here's a excerpt from one group of scammers brought to justice. I'm sure you only intend on helping people so, this shouldn't apply to you.

Home Matters USA | The Department of Financial Protection and Innovation (ca.gov)

[Dave Halevi]

Quote from @Ron S.:

so I understand...you are going to find leads and have people cold call and solicit them for what...to sell you their home? or...are you planning on "helping them" (adding/transferring title into your name)? Or doing a "subject to"?

Not sure what your goal is but before you start messing with homeowners in default (regardless of what stage), you might want to read up on the foreclosure laws in the state you are trying to do business in. In some states, you must be licensed. In other states, attempting to "help" homeowners in foreclosure (or in imminent danger of default) can put you into the crosshairs of an attorney general or worse, a DA.

I've enjoyed being part of personally exposing scammers that prey on people to strip them of the equity in their homes. Here's a excerpt from one group of scammers brought to justice. I'm sure you only intend on helping people so, this shouldn't apply to you.

Home Matters USA | The Department of Financial Protection and Innovation (ca.gov)

 It sounds like getting pre-foreclosure deals is wrong, and it's not.
Most of the time, the homeowner would appreciate u helping them to get out of the mess using this way or another when the other option is a certain foreclosure..

[Ron S.]

Quote from @Dave Halevi:

Quote from @Ron S.:

so I understand...you are going to find leads and have people cold call and solicit them for what...to sell you their home? or...are you planning on "helping them" (adding/transferring title into your name)? Or doing a "subject to"?

Not sure what your goal is but before you start messing with homeowners in default (regardless of what stage), you might want to read up on the foreclosure laws in the state you are trying to do business in. In some states, you must be licensed. In other states, attempting to "help" homeowners in foreclosure (or in imminent danger of default) can put you into the crosshairs of an attorney general or worse, a DA.

I've enjoyed being part of personally exposing scammers that prey on people to strip them of the equity in their homes. Here's a excerpt from one group of scammers brought to justice. I'm sure you only intend on helping people so, this shouldn't apply to you.

Home Matters USA | The Department of Financial Protection and Innovation (ca.gov)

 It sounds like getting pre-foreclosure deals is wrong, and it's not.
Most of the time, the homeowner would appreciate u helping them to get out of the mess using this way or another when the other option is a certain foreclosure..

 I hope that's not your defense...

[Dave Halevi]

I don't need to justify my actions, and u better not be so judgemental about different investment strategies 🤷

[Ken M.]

Quote from @Ron S.:

Quote from @Dave Halevi:

Quote from @Ron S.:

so I understand...you are going to find leads and have people cold call and solicit them for what...to sell you their home? or...are you planning on "helping them" (adding/transferring title into your name)? Or doing a "subject to"?

Not sure what your goal is but before you start messing with homeowners in default (regardless of what stage), you might want to read up on the foreclosure laws in the state you are trying to do business in. In some states, you must be licensed. In other states, attempting to "help" homeowners in foreclosure (or in imminent danger of default) can put you into the crosshairs of an attorney general or worse, a DA.

I've enjoyed being part of personally exposing scammers that prey on people to strip them of the equity in their homes. Here's a excerpt from one group of scammers brought to justice. I'm sure you only intend on helping people so, this shouldn't apply to you.

Home Matters USA | The Department of Financial Protection and Innovation (ca.gov)

 It sounds like getting pre-foreclosure deals is wrong, and it's not.
Most of the time, the homeowner would appreciate u helping them to get out of the mess using this way or another when the other option is a certain foreclosure..

 I hope that's not your defense...

@Dave Halevi: It isn't the "most of the time" ones that @Ron S.: is trying to rightfully warn you about.

You may proceed at your peril. Those of you that are reading this that never post, the point being made is “know the laws of the jurisdiction you want to chase pre-foreclosures in”. In Washington for instance, it is actually a felony to solicit someone who is or someone who MAY go into pre-foreclosure. Figure that one out. How do you know if someone “thinks” they may go into pre-foreclosure? Just be careful out there and know the laws.

I made my first million chasing pre-foreclosures. But I spent a lot of time in civil court defending the purchases, usually against a multi billion dollar company called Fidelity. 

Get properly trained.

[Ron S.]

Quote from @Dave Halevi:

I don't need to justify my actions, and u better not be so judgemental about different investment strategies 🤷

People like you can put other people in harm's way. Your lack of concern for what your lack of knowledge can do to them, hiding behind the false narrative that you are helping them with your "investment strategy" is going to land you in hot water some day.

You don't need to justify your actions to me but let's just hope you don't get put in front of a judge to justify them to the courts. I can tell you that ignorance won't be a good defense. Do yourself a favor and read up on your state's foreclosure consulting laws. That was the only point I was trying to make before you got all hurt and defensive. If you don't want opinions, you probably shouldn't be asking for them? If you don't want opinions that conflict with your level of understanding, maybe think about getting into a different line of work where you won't be so triggered and upset? Maybe try knitting or gardening? It's therapeutic. 

[Dave Halevi]

Quote from @Ken M.:

Quote from @Ron S.:

Quote from @Dave Halevi:

Quote from @Ron S.:

so I understand...you are going to find leads and have people cold call and solicit them for what...to sell you their home? or...are you planning on "helping them" (adding/transferring title into your name)? Or doing a "subject to"?

Not sure what your goal is but before you start messing with homeowners in default (regardless of what stage), you might want to read up on the foreclosure laws in the state you are trying to do business in. In some states, you must be licensed. In other states, attempting to "help" homeowners in foreclosure (or in imminent danger of default) can put you into the crosshairs of an attorney general or worse, a DA.

I've enjoyed being part of personally exposing scammers that prey on people to strip them of the equity in their homes. Here's a excerpt from one group of scammers brought to justice. I'm sure you only intend on helping people so, this shouldn't apply to you.

Home Matters USA | The Department of Financial Protection and Innovation (ca.gov)

 It sounds like getting pre-foreclosure deals is wrong, and it's not.
Most of the time, the homeowner would appreciate u helping them to get out of the mess using this way or another when the other option is a certain foreclosure..

 I hope that's not your defense...

@Dave Halevi: It isn't the "most of the time" ones that @Ron S.: is trying to rightfully warn you about.

You may proceed at your peril. Those of you that are reading this that never post, the point being made is “know the laws of the jurisdiction you want to chase pre-foreclosures in”. In Washington for instance, it is actually a felony to solicit someone who is or someone who MAY go into pre-foreclosure. Figure that one out. How do you know if someone “thinks” they may go into pre-foreclosure? Just be careful out there and know the laws.

I made my first million chasing pre-foreclosures. But I spent a lot of time in civil court defending the purchases, usually against a multi billion dollar company called Fidelity. 

Get properly trained.

Thanks for the honest warning.
I'm aiming to those who are already in a pre foreclosure process and the auction is coming up next week, and they're literally looking for a way out and for someone to pay their arrears and keep the property