BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated 2 months ago,
How Successful OOS investors solve this
Hi there,
I have a question. I am thinking in running a mail campaign to hit some deals off market. I never did one, but it is about time to try and see how it goes. I invest OOS, and I know I can outsource a Call center to get my calls and set the appointments with the sellers that are interested . I personally work so many hours in my W2 job that I definitely cannot get those calls. However , I am wondering how you guys solve the appointment issue. The way I see it, It does not matter how many appointments I got if I cannot convert those deals, since I cannot go personally to see those houses and talk to those sellers. I know I could hire a manager acquisitions, but do not have that volume to justify one I think. Heck, I don't even know how successful my mail campaign could be . Maybe I just can get two or three deals a year only.
How you guys do those BRRRRs successfully OOS? I am familiar with the rehab process, contractors, tenants, etc... But I cannot wrap my mind about this. I know I could partner up with a local, but at the moment I am not interested on that route. Also... yes , I am in contact with wholesalers, and they send me deals, but not really a deal in my opinion for the most part. Besides, I want to learn how to do my own direct mail campaigns, since I do believe it is a necessary skill in order to get to the next level.
I am sure there must be way, and I am sure there are plenty of investors solving this issue successfully.
Thank you must to anybody willing to chime in and share what they know.