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All Forum Posts by: Chris Ruoff

Chris Ruoff has started 4 posts and replied 24 times.

Post: My BEST DEAL in 2017

Chris RuoffPosted
  • Real Estate Investor
  • Austin, TX
  • Posts 24
  • Votes 6

@Shiloh Lundahl Awesome. I wasn't sure if you are w2 or what but I thought I would throw it out there. Good luck!

Post: My BEST DEAL in 2017

Chris RuoffPosted
  • Real Estate Investor
  • Austin, TX
  • Posts 24
  • Votes 6

Why don't you just do your taxes on Jan 1? Have everything up to date on Dec 31 and tee'd up to file and then provide the bank with your pro-forma taxes.

Post: Direct Mail Efforts & List Source

Chris RuoffPosted
  • Real Estate Investor
  • Austin, TX
  • Posts 24
  • Votes 6

Hey, @Taylor Witt Did you get anywhere with your mailing? I just went and looked at my listsource account and it doesn't look like they differentiate storage in their property types.

Have you looked at any other data providers like costar?

We just sent our second round of apartment letters and got 5% response so I am curious about doing storage.

Post: Direct Mail: How do you write a salutation when it's an LLC?

Chris RuoffPosted
  • Real Estate Investor
  • Austin, TX
  • Posts 24
  • Votes 6

@Ryan Dossey holey moley that's a good one... I've basically been offending John and Sarah. I'll have to figure out how to do that in mail merge... Thanks!

Post: Direct Mail: How do you write a salutation when it's an LLC?

Chris RuoffPosted
  • Real Estate Investor
  • Austin, TX
  • Posts 24
  • Votes 6

Hey @Ryan Dossey that's actually what I ended up doing... except I am doing it myself because I don't think my Upwork vendors have the US street smarts to dig as deep as I'm going... and about 10% of the properties I wouldn't even want to own... It's a lot of work but the good news is that this is going to be a really great list when I'm done and should cut back on returns and wasted $$.

Post: $3,500 for a flat fee attorney for a multi-family deal: Fair?

Chris RuoffPosted
  • Real Estate Investor
  • Austin, TX
  • Posts 24
  • Votes 6

Hire one on this deal and the other atty on the next... that way you can see which one performs.

Post: Direct Mail: How do you write a salutation when it's an LLC?

Chris RuoffPosted
  • Real Estate Investor
  • Austin, TX
  • Posts 24
  • Votes 6

Good input. Thanks... I am researching these myself but will inevitably have some that need a thought out salutation.

I would normally have one of my VA's do something like this but I think it's a good idea to do it myself so I can learn the market and the properties on the list. And tailor the message to the recipient as you mentioned...

Post: Direct Mail: How do you write a salutation when it's an LLC?

Chris RuoffPosted
  • Real Estate Investor
  • Austin, TX
  • Posts 24
  • Votes 6

That's good input. I can't believe that you guys don't get a high return rate using the Trust name but I'm glad to hear it...

I also remembered that here in Texas you can easily look up an LLC's registered agent... so I plan on carefully looking up all of the LLC's and then researching the registered agent to see if it looks like the owner. Then we will build our list to be as specific and accurate as possible. But we obviously can't do that with a trust as anonymity is the whole point.

Post: Direct Mail: How do you write a salutation when it's an LLC?

Chris RuoffPosted
  • Real Estate Investor
  • Austin, TX
  • Posts 24
  • Votes 6

That's a pretty good one. Thanks.

Any idea on the addressee for the envelope?

Post: Direct Mail: How do you write a salutation when it's an LLC?

Chris RuoffPosted
  • Real Estate Investor
  • Austin, TX
  • Posts 24
  • Votes 6

Bump...