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All Forum Posts by: Chase Vance

Chase Vance has started 1 posts and replied 42 times.

Post: Can You Share Wholesale Contracts Samples - OHIO

Chase VancePosted
  • Investor
  • Columbus, OH
  • Posts 54
  • Votes 47

@Twyla Southall message me. Easy. I share mine all the time. No secrets here. Provide value.

Post: Anyone from Columbus OH?

Chase VancePosted
  • Investor
  • Columbus, OH
  • Posts 54
  • Votes 47

@Garrett Manges Columbus here too. Focus on wholesaling.

Post: Should I invest locally or outside my state?

Chase VancePosted
  • Investor
  • Columbus, OH
  • Posts 54
  • Votes 47

@Danny Lee Florida and Connecticut, okay, whichever you choose, narrow it down to 1 county to start or you will overwhelm yourself. I'd go into CT first, choose a city/county, ask local professionals in that area to find what are the up and coming areas, distressed areas, or whatever class of property you're looking for. 


Begin networking with only investors and agents to learn which areas are distressed within that area and look to find discounted properties from local wholesalers, or find a property yourself and call the owner. Buying a rental at market value or even a little less is not wise. You want to be the one adding value and equity to that property, less leverage is better. Thus, if you buy a fixer-upper/distressed property, understand you'll need to setup your team locally to that area: GET REFERRALS FROM INVESTORS TO SPEED THIS UP... like the title/escrow closing agent, general contractor, handy man, go-to agent, go-to investor/wholesaler, property manager if you need it, etc. 

Post: Newbie living in Indianapolis, Indiana

Chase VancePosted
  • Investor
  • Columbus, OH
  • Posts 54
  • Votes 47

@Brandon Stevenson To take equity out of your home, do it with a HELOC and you can put that money towards your next property, hopefully an investment property. Putting it into a new personal home wouldn't be in your best interest. You want your investment property to pay for your personal residence.

For your current home, to turn it into income producing, think of AirBnb, is it common in your area, usually cities or near downtown are best for short term rentals. Monthly rentals, you could rent out your basement, a bedroom, or your entire house to a tenant. A bedroom probably isn't a option for you right now since your family and it's your personal home. 

BRRRR is an amazing strategy of recycling your money over and over again, improving the value of each property you rehab. Thus, you can only really BRRRR your currently property if it's somewhat of a fixer upper. I'm sure your home is in good shape.

What I would do, since Indiana, especially, Indianapolis and other larger areas of IN, are great locations for finding a discounted/distressed (fixer upper)/OFF-MARKET property you can get from an owner in need (the house is a burden for them). You can get your investment properties that way, super easy too. I'm a wholesaler in Columbus, OH and I can help you, just send me a message. Target distressed sellers only, not tired landlords/absentee owners which everyone tells you to. Waste of time. Go after tax delinquents/code violations/vacant properties, things like that. 

Thus, buy a property with cash, anywhere between 5-25k/40, something like that, for your first one (less risk to start), then you can use private money (family member, investor you meet at networking event, etc.) to rehab it, then you get your money, they get theirs, you have a BRRRR property, and then you look for the next one.

Post: Rvm set up & Call backs

Chase VancePosted
  • Investor
  • Columbus, OH
  • Posts 54
  • Votes 47

@Bryant Wooding

For RVM and Text use Roor, cheapest, highest quality platform, easiest to understand, better than LeadSherpa.

You just need to put $500 down for basic plan. Try it out. It's fun and it works. Be yourself when sending messages.

Post: How to determine value of land

Chase VancePosted
  • Investor
  • Columbus, OH
  • Posts 54
  • Votes 47

@Gregory Breeden

Get Vacant Land/Lots as low as possible is the trick. Find out if they already have hookups (maybe from a burned down house) since those lots are worth more to an investor. Lots near downtown are more valuable and are in demand so only focus on those. For pricing tho, just see how big the lot is, and the lot is desirable to a buyer if there are new builds nearby.

Post: Cold Calling on Weekends?

Chase VancePosted
  • Investor
  • Columbus, OH
  • Posts 54
  • Votes 47

@David Johnson

Just call, doesn't matter the day. Most people take Sunday's off. If you're a single wholesaler or investor, call everyday.

You're thinking too much. Just make the calls once you have the numbers. Fill your pipeline and put it all into Podio asap.

Post: ARE THESE LEADS THAT I PURCHASED A RIPOFF ?!?!

Chase VancePosted
  • Investor
  • Columbus, OH
  • Posts 54
  • Votes 47

@Alexia Ned-Sowell

Don't worry, you took action on good data from a credible website, one of the few. Now tackle that data. Meaning call first, then text, leave live voicemails if no answer to all of those since there are not many. Exhaust that list.

For quick and free skiptracing to find owners number, try truepeoplesearch and simple google search their name and property address. Search Facebook too.

Sites to get solid data from:

Listsource / Propstream / MotivatedSellerLeads / REWW / Attomdata (for inheritance) / Your County Auditor's Website (for Tax Delinquents, Vacant houses and Vacant Land/Lots) / VacantHouseDataFeed / ReboGateway (Tax Delinquents) & many more I cannot think of (just google it)

Podio is the best CRM for simplicity, tracking leads and follow up, especially for a Newbie just learning. Just input your leads in there, only leads, not prospects.

Do not go after Absentee/Tired Landlords though anymore. They are not motivated sellers.

Try to get and find these lists for your county(but only focus on 1 or 2 for now): Vacant, Tax Delinquents, Code Violations, Water & Electric Shut Off (utility department), Vacant Land near downtown. Your driving for dollars list is the best list though.

Post: The best way to evaluate Land?

Chase VancePosted
  • Investor
  • Columbus, OH
  • Posts 54
  • Votes 47

Residential and Smal Commercial Builders and Developers are only looking for lots and vacant land in around downtown city locations. 

Don't waste your time with land outside of the city limits and in rural areas right now. Unless you know agricultural or other types of buyers. 

Also, for Land, get it as low as possible. In my city, land will sell max for 30k/35k. Depends on how many new builds have been developed too. Check values around the lot you have under contract and see if there is any rehabs or new builds occuring near the lot. 

Post: Success with deal machine app ?

Chase VancePosted
  • Investor
  • Columbus, OH
  • Posts 54
  • Votes 47

Deal Machine is legit and it's the best on the market, so utilize it's technology, pay for the tech and features, or do not use it!! It's simple, drive a little yourself each week, dedicate 5-10 hours extra a week, more hours on weekends and challenge yourself to find 50-100 properties that week. Know what you want though, are you looking to buy and sell the contract, BRRRR strategy, cosmetic flip for profit.

I was on the individual plan then switched to the enterprise plan because I know it will pay-off, and that plan is a 12-month commitment at $199/mo. Worth it if you know how to leverage the app, be genuine with your deal finders, know how to have quality conversations with distressed sellers, and actually have the buyers to close and/or have the capital yourself to close. 

Market and Pick up independent contractor drivers and only pay them if you get paid. It works for me and they enjoy it. I created a private FB group for us too to collaborate and we all have fun. It's up to them if they want to make money, they work hard, they will get rewarded when we close on a property. Do not start off paying people $15/hr, not worth it. They won't last long and cheat their hours, etc. (I've seen it), have them earn it like everything else in life. 

Also, I even motivate them to take some calls with me, learn the business some more, attempt to get contracts signed, and do different tasks in the business so they develop and are not just driving around bored. I encourage it. First thing is first, you have to treat these deal finders like your family, they are assets to you.