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All Forum Posts by: Daniel Salmeron

Daniel Salmeron has started 3 posts and replied 18 times.

Post: How to pull County data

Daniel SalmeronPosted
  • Posts 19
  • Votes 10

depending on the city it might vary but Ive had success with going to the citys website. Go to departments> city clerk> Submit request. Depending on the city itll have you email them with specifics and theyll get back to you. If you have any trouble just call the clerk or code violation dept and they should direct you. 

Post: Wholesaler, are you part of a community?

Daniel SalmeronPosted
  • Posts 19
  • Votes 10

Armando that is a great idea! I am fairly new at wholesaling but would love to add value to anyone how ever i can!

Post: Voicemail Dialer for 9-5

Daniel SalmeronPosted
  • Posts 19
  • Votes 10
Originally posted by @Joshua Janus:

Spend a few hours a day calling skip traced lists of neighborhoods that you are interested in. You'll get better at talking and developing relationships through it over time and eventually you'll have a consistent stream of off market deals coming through. I am about 6 months into doing this and am able to find a few deals a week. 

 Thats great advice, ,Im getting started cold calling with a full time w2 and am able to do it 2 days a week in which im looking to contact 120 leads a week. I know wholesaling is a numbers game, how many leads roughly do you through a week for that volume of deals? Obviously keeping in mind there are plenty of other factors that go into deals but just wondering to get a gist. Thanks! 

Post: Cash Buyers In Scottsdale Arizona

Daniel SalmeronPosted
  • Posts 19
  • Votes 10

Hey everyone, ive been virtaully wholesaling in AZ. I have a lead and am working on the price. My Formula is ARV x .75 discount for cash buyers - 20k light repairs - assignment fee. My question is how much of a discount are cash buyers looking for in this market. Ive heard 75% of ARV is standard. But considering this hot market would that change? The property is rent ready for a long term hold but can use a light rehab for maximum ARV from the comps i have for a flip strategy. Thanks for your input in advance!

Post: Has anyone had success with VA?

Daniel SalmeronPosted
  • Posts 19
  • Votes 10

@Account Closed That is great to hear, congrats! I am looking to hire a VA as well since I am unable to complete my targeted amount of cold calls due to having I have a full time W2. Did your VA just handle cold calling and vetting leads and you handled the negotiation? Or what duties did you assign to your VA? Thanks in advance!

Originally posted by @Renee Harris:
Welcome. Yes, start listening to a ton of podcasts on wholesaling. take notes about how others started. If you don't have money, start making some and SAVE, SAVE, SAVE. If you do have some, then learn, learn, learn, learn and jump right in. Also, get that book -
If You Can't Wholesale After This: I've Got Nothing For You.

Thats some great advice! Ive heard a lot of that book, although would you say it goes over the numbers as well? Such as calculating rehab cost. I have found That is what I am having the most trouble with. Thanks! 

Post: What Is The Essential Software For Rookies

Daniel SalmeronPosted
  • Posts 19
  • Votes 10
Thats great to hear, Let me know how it goes! 

Originally posted by @Marcus Toler:
Awesome post...I just signed up with Flipster...


Originally posted by @Daniel Salmeron:

Hey christian, I am currently starting with virtual wholesaling and am using flipster along with batchleads. 
Some Flipster Pros

-lays out step by step instructions from contacting leads to closing 

-offers scripts along with contracts for buyers and sellers

-10k leads monthly, additional costs if you go over 

-gives multiple filters to finding what kind of properties to look for ex vacant, REO, out of state owners etc.

-gives you a buy price but i wouldnt suggest going with that number, always do your due diligence with analyzing 

-exports your campaign into a document ao you can upload that into another software like batch leads to skip trace 

Some Flipster cons

-some bugs which dont allow you to add properties to your campaign, which I contacted them and they said they’re working on it 

-some info on properties may not be up to date, but if anyone knows any software that gives 100% accuracy please let me know! Lol 

-price is relative but it is $100/month 

-skip tracing will cost more depending on which plan you have but i have been using batch leads for skip tracing for 20 cents a pop

Keep in mind i have not closed a deal yet but that is my experience with the software so far. Hope this helps you with a little more insight. Best of luck! 

Post: What Is The Essential Software For Rookies

Daniel SalmeronPosted
  • Posts 19
  • Votes 10

Hey christian, I am currently starting with virtual wholesaling and am using flipster along with batchleads. 
Some Flipster Pros

-lays out step by step instructions from contacting leads to closing 

-offers scripts along with contracts for buyers and sellers

-10k leads monthly, additional costs if you go over 

-gives multiple filters to finding what kind of properties to look for ex vacant, REO, out of state owners etc.

-gives you a buy price but i wouldnt suggest going with that number, always do your due diligence with analyzing 

-exports your campaign into a document ao you can upload that into another software like batch leads to skip trace 

Some Flipster cons

-some bugs which dont allow you to add properties to your campaign, which I contacted them and they said they’re working on it 

-some info on properties may not be up to date, but if anyone knows any software that gives 100% accuracy please let me know! Lol 

-price is relative but it is $100/month 

-skip tracing will cost more depending on which plan you have but i have been using batch leads for skip tracing for 20 cents a pop

Keep in mind i have not closed a deal yet but that is my experience with the software so far. Hope this helps you with a little more insight. Best of luck! 

Post: Wholesaling in Arizona

Daniel SalmeronPosted
  • Posts 19
  • Votes 10

Hey Jonathan, im currently looking at AZ for virtual wholesaling. You can DM me to connect and talk how I'm finding my leads and possibly if you want me to send a couple deals your way! 

Post: EMD for wholesale deal

Daniel SalmeronPosted
  • Posts 19
  • Votes 10
Originally posted by @Will Barnard:

3% EMD is standard here in So Cal (at least for MLS listed deals). 15% is a lot to ask so I would have to question why seller wants so much. Perhaps it is how you came across or perhaps the seller is unreasonable. Either way, everything is negotiable.

Regardless of the EMD, you should have a true and proven cash buyer already in hand for this deal, that way, you can use your cash buyer's money for the EMD and put them on the contract direct with an agreement for your fee. Sounds like you put the cart before the horse and found a deal before you found a real cash buyer.

Moderator note: Solicitations & deal making is only allowed in the marketplace forums, please refrain from deal making, requests for contact, or any other solicitation in this thread. For your reference, here are the forum rules: https://www.biggerpockets.com/...

Hey Will, thanks for your advice! It looks like the seller had many fallen through cash agreements and was in no rush to sell. But you hit that on the nose, I still have not built a solid buyers list but will definitely get on that asap. Thanks again!