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All Forum Posts by: Daniel Johnston

Daniel Johnston has started 3 posts and replied 9 times.

Post: Investor Meetup in San Diego

Daniel JohnstonPosted
  • Dallas, TX
  • Posts 10
  • Votes 3
Awesome! Thank you, Clay. I will make sure to check those out!

Post: Investor Meetup in San Diego

Daniel JohnstonPosted
  • Dallas, TX
  • Posts 10
  • Votes 3

Can anyone recommend any good REI meet ups in the San Diego area, or would any local investors be looking to start one?

Post: Wholesale Direct Mail Marketing Letter

Daniel JohnstonPosted
  • Dallas, TX
  • Posts 10
  • Votes 3
Thanks for all the input! This has been super helpful!

Post: Wholesale Direct Mail Marketing Letter

Daniel JohnstonPosted
  • Dallas, TX
  • Posts 10
  • Votes 3
@Ray Lai Thank you for the insight! And ya I would love to take a look at some templates. I’ll PM you.

Post: Proof of Funds for a Wholesale Deal

Daniel JohnstonPosted
  • Dallas, TX
  • Posts 10
  • Votes 3
Thanks! That’s super helpful!

Post: Wholesale Direct Mail Marketing Letter

Daniel JohnstonPosted
  • Dallas, TX
  • Posts 10
  • Votes 3
Oh I would definitely be up front about the way I get paid and that I am not the end buyer. The more transparency the better But do you think it’s necessary to put all that in the letter or just get the phone call first and then communicate what’s going on?

Post: Wholesale Direct Mail Marketing Letter

Daniel JohnstonPosted
  • Dallas, TX
  • Posts 10
  • Votes 3

Can anybody give me some critiques on this wholesale direct mail marketing letter? Any major pieces I am missing?

I am planning on sending this one to absentee owners and then maybe a different one to a divorce list. Purchasing a list on list source today and want to get mailing!

Dear <<Name>>,

I am looking to purchase a home in the <<Area>> area, and your home at <<123 Main Street>> caught my eye. I am a real estate investor and can purchase your home in As-is condition, for cash and close on your time frame.

Please give me a call at xxx-xxxx, I would love to learn more about your home even if you are not ready to sell quite yet.

Thanks,

Daniel Johnston

Post: Proof of Funds for a Wholesale Deal

Daniel JohnstonPosted
  • Dallas, TX
  • Posts 10
  • Votes 3

If a wholesaler is not doing a double close (which I understand is extremely rare to do anymore), do they always have to show proof of funds to the seller or can they assign the contract and use the end buyer's funding as the proof of funding. I'm getting started and I'm trying to figure out if I will need to speak with some hard money lenders as well. Any help would be awesome!