All Forum Posts by: Alex Hart

I had a gentlemen call yesterday about selling his apartment building. I was unable to take his call at the time and decided not to return his call as it was pretty late when I returned home.

Is it appropriate to call him today, or should I wait until tomorrow? This would be nothing more than a feeling out call to gauge his level of motivation in selling his property.

What say you BP?

0 Votes

It’s time to approach the realtor with your subject 2 proposal and explain the seriousness of their situation. Then discuss the commission issue and see what can be worked out. I would not recommend doing anything behind the realtors back, just be upfront and honest with them.

4 Votes

Start calling for rent signs around the property and talk to some of the landlords. You could find some buyers & sellers that way. Good luck.

0 Votes

That's a pretty good sized squirrel. You can tell he hasn't missed to many meals lol.

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Originally posted by Jackie Lange:

Average response rate ( if you have a good list to begin with) with a letter is 3-4%
with a postcard it will be 10-12%

Jackie,

I’m sure many of us here would love to know how you’re getting a 10%-12% response rate with your postcards. Do you do anything different with the design, color, or message? Anything you could share would be helpful and appreciated.

0 Votes

How was your response rate from the list you purchased, or have you not had enough time to hear back yet? I have a listsource account but haven’t purchased a list from them yet, just looked around. Sorry I can’t help.

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Welcome Cheng!!

There are some commercial pros here so don’t be afraid to ask questions.

0 Votes

Justin,

Bandit signs have worked in the past for me but as others have mentioned the leads you receive from them are usually not that great. I get far better results just sending out direct mail, placing craigslist ads, and placing a newspaper ad every now & then.

0 Votes

Welcome to BP Matt!!

Having no money and bad credit is certainly going cause a problem if you want to flip a property. What do you mean by "flipping" houses? Are you referring to rehabbing a house to sell for profit like you see on TV? IF that's the case you're going to need some money to do that. However, you still can get started in real estate by locating properties for other investors in your area by birddogging or wholesaling. This will help you build your bank roll, learn how to evaluate deals, and build relationships with other investors. I would suggest you join your local REIA (Real estate investment association) and read as much as you can on here about birddogging and wholesaling. Also feel free to ask questions,everyone here is very helpful and will do their best to point you in the right direction.

1 Vote

Originally posted by Manny Cirino:

My most successful marketing has come from neither of those.

What I did was buy a roll of a 1,000 custom 5" x 3.5" stickers that read Avoid Foreclosure & Save Your Credit! We Buy Houses! Any Condition, Situation or Location... Then it includes a QR Code, my phone number and website. I took these stickers and placed them at gas stations on every pump. Think about how many people pump gas daily and then think about how long a person stands there waiting for the gas to finishing pumping. Plus the gas stations have any from 8-32 pumps and you will have 1,000 stickers for only $100. This would be better for you to try.

Direct mail, you will pay about $700-$1,500 to mail to a list of about 300 people 20 will call you, 15 will have unrealistic expectations 4 will be short sales 1 will be a deal but surely something will be wrong(too many repairs, war zones, listed, etc) or you may close the deal but you will make about $2,500-$5,000 and have to pump that back into another mailing champagne.

Craigslist, I still use since it is free but you have to be on top of it in order for it to work. There are times of the day and month were you will see better results. At the end of the month about the last week and posting from about 7:00am-9:00am and 5:00pm-9:00pm. I use to hate it because you do get a lot of spam the solution, post anonymous, don't write you email any were in the ad(only telephone number). I use many different ads, links, and pictures etc.. I have found that write a clear ad of what you are looking will prevent tire kickers from posting. Lately I have been lazy make simple ads that say;

Avoid Foreclosure & Save Your Credit

We Buy Houses Cash or Term!

Realtor Can't Sell? Time For Plan B

Sell Me Your Debt!!!

Then when you open it it has a screen shot of my squeeze page form or a simple hyper link to my site LakelandSellFaster.webstarts.com

Keep it simple and in expensive... FYI Bandit signs Suck expensive considering they won't even last 2 days on the street

Your sticker idea is pretty cool. I use something similar to that when advertising at gas stations. I buy $100 bill drop cards. I place my message inside the fake money; they look like a real $100 dollar bill. I then place the fake $100 dollar bill in the credit card slot. The fake $100 dollar bill is very noticeable and will always get someone’s attention. I also drop them everywhere I go and have even used them as a business card. It’s very entertaining to drop some and watch people stop to pick them up; I always get a laugh out of it.

0 Votes

All Forum Posts by: Alex Hart

Alex Hart has started 16 posts and replied 168 times.

Post: Is it appropriate to return calls on Sunday?

Post: Realtor Issues - How to not pay them.

Post: Got my first contract now I need help finding a buyer

Post: Attacked while working on rehab!!!!

Post: Is the yellow letter worth it??

Post: Where to go for a mailing list????

Post: What's going on everyone?! I just wanted to drop by and say hello.

Post: Bandit Signs Prohibited??

Post: Getting started with zero money and bad credit.

Post: Best way to get leads- Craigslist or direct mail?