All Forum Posts by: Chuck Hupert

I am considering branching out into a new market for myself. Beach front condos to establish as Air BnB locations. I'm looking for a little bit of insight from someone who may already be doing this or something similar. The condos are generally studio with about 400 sqft of space. They also generally have HOA fees ranging from $400-$600. It would be of great help if someone knew if it was possible to cash out ReFi a condo the same way as a SFH for the BRRRR method. Additionally, if anyone is familiar with the Air BnB process, any extra information would be greatly appreciated.

@Taylor L. & @Erica Moore thank you both for the input! I believe I will be taking this route after a little more vetting of their cold calling and knowledge of the business!

Hello everyone! I was recently approached by a Virtual Assistant (VA) company with an offer to handle my companies lead generation (mainly cold calling, email marketing, and managing a social media presence). If they can do what they say they can I believe they are well worth the investment for the price I was quoted, but I'm curious if any other investors in the forum use VA's and what their experiences with them have been. Thanks ahead of time guys!

@Brandi Graham complete waste of money. They pray on your wants and charge you wayyy more than anyone has business charging to be a "mentor". You can learn everything they are going to teach you through BP, youtube, the community. And getting out there and networking.

Please dont spend that much money on that. It would be much better spent on marketing or skin in the game on a loan!

@Cleotha Euwins You may have just made a broad statement to keep the post simple, but if you are just making a list of absentee owners there are probably better ways to spend your time and money (especially if you plan on using direct mail). Just because they are not living in a property doesn't mean they have any motivation to sell. Its always good to try to be efficient!

Before you start a mail campaign I would do your research (if you already haven't) on stressors like foreclosure, bad taxes, probate, etc. and really focus who you want to reach. Then do the dirty work to compile those lists. It will be a much more effective use of your money and time. Foreclosure lists on Listsource are wildly more expensive than an absentee list in my experience. I personally drive for dollars, use the FREE county delinquent tax and probate lists, then use my money to skip trace. 

Cold Calling and online marketing are all the rage right now my man! This of course is all just my personal experience so I hope it helps. Feel free to shoot me a message or connect if you want to discuss it more! 

@Guy S. so far I haven't had an issue. They all have been read and responded to. Im not sure if it gives you a notification that you have a message request or how it works but so far so good!

@Philip L. Im actually creating my business website tomorrow. Once I have that up I will shoot you a message. I wanted to interlink the site and FB. Plus I also needed a privacy policy to link into FB to be able to run the ad I wanted to.

Thanks buddy you will hear from me soon!

@John Corey thats a good point and I never considered that. Luckily I tried a handful and got a 100% rate on responses. I will definitely be keeping this in mind however

@Mark Pedroza I assumed and that seems simple enough! Thank you

@Andrew Cornstubble thats called cop shopping and they got it right the first time. Learn the laws my man and stop giving this guy bad advice. Thats exactly what not to do...