All Forum Posts by: Brian Haskins

Originally posted by Aria Khosravi:

Brian, great insight! Are there lists for tired landlords or do you take a more guerrilla approach. And when your making contact what is your exit strategy?

Yes, it’s a list you can buy or gather yourself. You want to search the tax records for people that own a home where the tax mailing address is different than the actual house address, this is also called an absentee owner. It's actually a very common list. I have about 20,000 or so in my area I mail to them 4 times a year. My exit strategy is wholesaling.

Brian Haskins

Hi Sonya,
My name is Brian Haskins. I would like to welcome you to the forum. I have been investing in real estate for 6 years. I would love to help answer any questions you may have or help you get started.

If you want to get into real estate I would always start wholesaling. It gives you good cash flow and gets you a lot of great knowledge.

Brian Haskins

Hi my name is Brian Haskins. I would like to welcome you to the forum. I have been investing in real estate for 6 years. I would love to help answer any questions you may have or help you get started.

It depends on what your plan is are you wholesaling? If so then pre-foreclosure leads would be horrible leads unless you have a shortsale business. We have to know what direction your looking for to give ideas. Just by going off your nod leads then maybe try pre nod leads 30,60,90 days late. Or if you want to find people with equity which is what i recommend is tired landlords free and clear and probate. I have done divorce, eviction and many others but they are hard to get good clean lists.

Brian Haskins

They make some designed to handle steam in a bathroom or paint wooden with a semi or high gloss paint as long as water won't be on it constantly you should be ok.

Brian Haskins

Will the non local number be a 800 number? If so it might not be the best. They are great for memory but a lot of people prefer a local number. I hate to tell you but being honest you will have to test them both to see what works best. I invest in different markets and i have had very different results. normally a local number out preforms.

Brian Haskins

I would get private loans since you have no credit. I would put down small investments so you can buy many with the amount of money you have, or if it makes more sense pay cash for them and then you would have more cashflow. You have to weigh out which would be the best. if you are buying 30k properties and then putting down 5k on each and get a private loan you could buy 30 properties and if you make $200 positive cashflow then that would be 6,000 a month if you paid cash you could buy 5 properties outright and you would have about $3,000 cashflow if your rent was $600 so it might be better to get private loans and leverage more properties.

Brian Haskins

Calling bandits signs would be good. Most investors don’t have birddogs, because most birddogs don’t usually last long and most don’t really do much. I would ask your investors if they are ok with you submitting to multiple investors. I would say they would be against it. I would think it wouldn't be a good idea because it may cause confusion with the seller and just cause more headaches. I would do it differently like maybe give your investor one or 2 days to contact the homeowner if they don't then move on to the next or if it doesn't work out then give it to other investors, and rotate which investors you give first shot to. It's just an idea.

Brian Haskins

It makes a huge difference. Most people like basements and it would affect your monthly rental rate. Slabs or crawl spaces are ok but you just have to get better deals on them.

Brian Haskins