All Forum Posts by: Scott Hawley

DC's program is excellent...it's a 'system' and he thoroughly explains it. He has different programs, depending on what you'd like. It doesn't cost $5k...you can spend $1k and learn the entire system he teaches. It costs $97/mo for twice/mo coaching....you submit all your questions and get the answers at the following coaching call. If you want his team to negotiate and fund the deal, go for it. If you want to negotiate and fund your own deals, go for it....that's DC's attitude. He's a successful guy who's put together a system...with built in collaboration. You need to invest in your education....you get out what you put in.

Smells like an advertisement.

I agree! This advertisement is getting ripe.

0 Votes

Originally posted by Michael Quarles:

Hello everyone...

As a guy who owns www.Yellow-Letters.com I can say that you should go straight to the source of the list... www.responsemakers.com . I pay .18 cents a name..

When mailing this list mail a voucher over a Yellow Letter they out pull...

Good luck

Michael

Michael,

How many names do you have to buy to get that deep of a discount?

What does the voucher that you mail out look like and what wording would it consist of?

Scott

0 Votes

I know of a company that will get pre-NOD leads for you at like 30 cents per lead. Their minimum is 1000 lead order.
They can customize your order down to zip code or city specific.

I can not give their name or website link here because it would be considered an ad.

Scott

0 Votes

Originally posted by Andrew R:

Personally Im going out to the Courthouse of each County I would like to pick up listings in and picking up the Freshly recorded N.O.D's which I turn into an Excel Database

From there I design a Directmail Campaign and start marketing to these homeowners.

Andrew,
I would like to hear more about your direct mail campaign.
What types of mail pieces work for you and what does not work?
Scott

0 Votes

Kurt,
Thank you for the further clarification.

The investor just told me that his group primarily does this option in CA, not necessarily in other states.

Scott

0 Votes

That comes out to be $27,300 per year gross income for the property.
Renters/tenants pay all utilities is a plus.
How much are the property taxes?
You need to take into account the potential vacancies, usually about 10%.
Also take into account the amount of the mortgage payment you will have.

Not sure what else to take into account to see if this is a good deal or not.

Scott

0 Votes

Kurt,

You now have 2 people and probably more who cite reasons as to why the option of keeping the homeowner in the home is not presented to the homeowner.

And it is illegal in at least 2 states and probably more.

0 Votes

Trace,

Thank you for the explanation.

I just got off the phone with one of my contacts in TX and he said it is illegal to do that there in TX, too.

Giving the homeowner the option to stay is only one of the exit strategies that they have.

0 Votes

Mark,
He says that is the first option that his group presents to the homeowner. If the homeowner does not want to stay, or legally cannot stay, then, OBVIOUSLY, the home is not sold back to the homeowner.

I do not know all of the groups exit strategies but that is their primary exit strategy.

0 Votes

I work with an inestor who will negotiate the short sale with the lender and then can buy the short sale from the lender.
He, then, turns around and sells the home back to the homeowner at a discounted price, thus being the bank for that homeowner.
He has told me that he can do these anywhere in the country.

0 Votes

All Forum Posts by: Scott Hawley

Scott Hawley has started 4 posts and replied 45 times.

Post: DC Fawcett

Post: Questions on 30/60/90 day late lists.

Post: Questions on 30/60/90 day late lists.

Post: Questions on 30/60/90 day late lists.

Post: Doing first short sale...Plz. Help

Post: 3 Unit Deal

Post: Doing first short sale...Plz. Help

Post: Doing first short sale...Plz. Help

Post: Doing first short sale...Plz. Help

Post: Doing first short sale...Plz. Help