All Forum Posts by: Andy Cross

 Hey Sterling...I highly recommend you listen to the latest BP podcast. The guest talks extensively about how she does her direct mail in the LA and OC areas. One of the best podcasts I've listened to. She gives some great advice on how to pull together the best list in the LA/OC area. She also mentions that you have to be prepared to send multiple iterations of mailings to the same list to start getting calls. Give it a listen! I'm sure it won't disappoint. 

 I think I might have a referral for you. Let me get back to you in DM.

 Hey Lionel, if you are looking for middle class neighborhoods in the Palmdale area, you could potentially be looking at these footprints:

1. West Palmdale - Anything west of the 14 freeway. The further west you go the newer the homes; and values are higher.
2. East Palmdale - (pay attention here...I'm about to get really specific) Pearblossom Hwy, north to Pamdale Blvd. From Around 20th street East, all the way East to 70th street. Anything outside of this footprint, incomes are a bit lower. I'd consider SFRs north of Palmdale Blvd if I purchased on the very low end.

Let me know if you have any other questions about the Palmdale area. I went to Jr High and High School there.

@Tim Herndon

Hey Tim...thanks for the response! 

Yes, the list of properties I was specifically collecting were "vacant, absentee owner properties." And I knew that going in. I use quotes because I was paying for a service that claimed to provide accurate absentee owner addresses. And I get it...I wasn't expecting 100% accuracy. However, if I'm getting 25% returned letters on a list that is already minuscule, and no conversion after the 4th or 5th contact, I cannot justify the monthly subscription. I guess that was the point I was making on my post. I do think it's a great product for others. 

 Hey Fred! Thanks for the post! I too am in the LA area; but I'm a newbie. I focus on the LA Metro area; primarily South LA, Inglewood and south to Torrance. Since I grew up in the Antelope Valley I market in that area, as well as Santa Clarita and San Fernando Valleys.

I'm curious to hear more about your effective marketing strategies to find motivated sellers. I'm also curious to hear how much time you devote to wholesaling.

I'll keep this short and sweet...

Findmotivatedsellersnow.com not the best service I've used. And maybe it's just a metro LA thing. Honestly, it was a complete waste of money. I'd say about 25% of the letters I mailed from their list were returned. So I question accuracy. The convenience and ease of use was awesome. May be a better experience in a different market.

OH WOW...do tell!! 12+ hours a day?? Outside of SHTF, what could happen in a 12-hour day in closing a big deal? (only asking because I have no clue; never done a deal before) I don't want to scare myself out of this business if 12-hour days are expected of me. Thanks so much!

 AH...yes...$2,000,000. That's the part I was missing. Totally makes sense. Thank you!

@Kaivan Entezarmahdi

Newbie here (haven't done a deal; excuse my ignorance)...but does anyone else think $60K earnest deposit is a lot of money to sit in escrow; just to flip the contract to a cash buyer? Does it have to be that much money?