Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Chase Coley

Chase Coley has started 8 posts and replied 12 times.

Post: Seller financing with existing mortgage

Chase ColeyPosted
  • Investor
  • San Diego, CA
  • Posts 14
  • Votes 5

Typically you want to buy seller fi when the asset is fully owned by the seller. Not saying you would, but someone in your position could easily stop paying the mortgage even when collecting rents from the buyer on seller fi, you would eventually foreclose and the buyer would probably be in a tough spot to say the least. 

Not saying you would do that but that is the risk from the buyer. 

If you two are looking for a creative way to sell, maybe have a blend of having them buy Subject too and also seller fi your terms. I am not entirely sure what the laws in Canada are but a good community to ask about this would be the "Subject "To" realestate investing" page on Facebook, someone on there should be able to help you. 

Best of luck on your deal!! 

Post: Whats Best Skip Tracing software for cold calls

Chase ColeyPosted
  • Investor
  • San Diego, CA
  • Posts 14
  • Votes 5

Hey BP

I am looking to up my leads this year for off market deals. I want to implement call calls into my business operations to further expand. Right now I flip SFH out of state but I am now looking to begin adding Multi-Family properties to the mix.

What is the best skip tracing app/software to use to locate home owners information?

I was looking into using “Prospect Now” but was curious if anyone was using something else I could also look into.

I appreciate any advice you may have.

Thank you

Post: Who should I use for direct mail marketing?

Chase ColeyPosted
  • Investor
  • San Diego, CA
  • Posts 14
  • Votes 5
Originally posted by @Joshua McMillion:

@Chase Coley I use Propstream to generate the lists, skip tracing, and import those into a word document. I like to send letters that I fill out the address individually, which has helped me stand out. If you are looking for sheer quantity, ballpointmarking is an excellent company that does all direct mail marketing for you. You order them and take them to the post office. 

I am just starting to go in this part of REI, but I have seen success with those two tools. Below is the URL for Ballpoint Marketing. 

https://ballpointmarketing.com...

Sincerely, 

 Thank you for the recommendations Josh, I will check both of them out. 

Post: Who should I use for direct mail marketing?

Chase ColeyPosted
  • Investor
  • San Diego, CA
  • Posts 14
  • Votes 5

I know there are a million different places you can go to get a direct marketing campaign going but who do you utilize and why? 

Some background on me, I flip homes in the south to sell as turn-key properties to investors. The current market I am in is fairly hot and it has been difficult to keep my funnel full. I am currently utilizing some wholesalers and an agent, but I know there are more deals out there. 

I have been playing with the direct marketing idea for a while now and I feel that it is time to add it to my business. 

What are the best programs/companies out there? 

Ideally, I would want a one stop shop where I could buy lists and create marketing material in the same place. 

What are your recommendations? 

Originally posted by @Unique Willis:

Hey, would you be interested in a fix an flip property located in Bald knob, Arkansas.

 Right now Bald is a little too far out for my resources in AR. Thank you though. 

Shooting in the dark here on this forum, but everybody knows someone you don't. 

My team currently flips homes to sell as turn key properties to our investors. I am looking for an agent who specializes in working with investors and has an investing background. We currently expanded to the Little Rock market and are looking to add an agent to our team.  

Currently, we specialize in single family homes, please reach out to me if you know someone who may be a good fit. Dm me and we can go through our specific criteria. 

Thanks

Post: Looking for a good General Contractor in a new Market

Chase ColeyPosted
  • Investor
  • San Diego, CA
  • Posts 14
  • Votes 5

My team has expanded to the Little Rock area and we are looking for a good GC to help with the Rehab on our newest home. Where are some good places to look for some investor friendly contractors? I currently use Facebook, Property Management, and my wholesaler for contacts. Where else can I expand my search? 

Post: What are the best tools/programs to get more deals?

Chase ColeyPosted
  • Investor
  • San Diego, CA
  • Posts 14
  • Votes 5

My team and I are currently starting a new market in the south that has recently become hot. We do flips and BRRRRs on single family homes. We are currently using 2 agents and 4ish wholesales to find us deals. However, I want to find more deals in a market that seems to have shrinking inventory. I am currently interested in direct mail marketing, but would love any other tips for finding off market deals. BP what are the best tools/programs to get more deals?

Post: What's the fastest way to find good comps?

Chase ColeyPosted
  • Investor
  • San Diego, CA
  • Posts 14
  • Votes 5

We have pulled trigger with both agents. I look at a lot of deals everyday and there is always a good handful where I can't find a good comp. One of the agents I use gives us BPO's, however she complains that its a lot of work for her to do so many in a day. The BPO's are great but even just having a ballpark ARV is really all I need to begin penciling it out. If you come across any other tools investors can use with out being an agent let me know.

Post: What's the fastest way to find good comps?

Chase ColeyPosted
  • Investor
  • San Diego, CA
  • Posts 14
  • Votes 5

My team has started investing in a new market and we are in the process of putting our Rockstar team together. 

Right now we are working with a few investor friendly agents and wholesalers to bring us deals. However as most of us know, most the time you will find deals on your own before an agent can find them. Speed is everything, and what is slowing the process down for me is getting accurate comps faster without waiting on agents. I am looking for any tools or knowledge other investors use to find comps fast. The more deals I can analyze in a day, the more offers I can make. 

Right now I am using Zillow for comps, looking at sold history with similar homes in the area. (I know to be careful with Zillow and getting true comps because of portfolios and refis)

I know there are apps out there like "home snap", however you really do need to be an agent to have this app do its job. 

Are there any apps or websites out there that can get me comps without being an agent? 

Any suggestions? 

Let me know what yall think.