All Forum Posts by: Duane Alexander

What your contact rate? What things do you do to make sure your contact rate is good? I'm at 4.6% for the month of November. I'm not sure if that's good or not and what I can do to bring it up.

  My last 12 deals have come from the following sources: 5 from text, 3 from cold calls, 1 referral, 4 from ppc. I have 6 currently under contract: 2 PPC, 1 Text, 3 Cold Call

Need more information. How are you marketing for deals, how much data are you pulling, are you good on the phone with prospects, etc. 

cold calling, text messaging, PPC

What’s the address? I’ll comp it out and let you know where I’d be at on it.

you're looking at at least 75-80 bucks a square foot for full gut job in the A right now. 165k for a 2 bed 1 bath, barely 1000 square ft home that requires a full gut in 30310 is a bad bad bad deal. 

There is no point in using realtors for off market deals if you are sourcing them yourself. 

I can't comment on how Miami is for wholesaling. However I don't believe that a wholesale market is more lucrative where homes are distressed and property values are lower. You will make bigger spreads in better markets because you will have more buyers and bigger buyers. While these markets will be competitive, you'll be making more money by doing the same amount of work. Also, a big part of wholesaling these days is about selling to hedge funds. They are your biggest buyers and you will not find them in bad markets and they do not like super distressed homes. Out of all of the markets I'm in, I'm making the most money, easier, in places like Atlanta and Charlotte over places like Baton Rouge or Macon, GA, for example, for all of the reasons stated above.

Hello my fellow Jerryll Noorden disciple. I can't speak on people doing 100 deals a year, but I'm at around 4-6 deals around 50-60k a month wholesaling only. I use resimpli (crm) as my system to manage my leads. You should check it out and definitely get out of excel. My brain hurt just reading you were managing things using excel lol. I would definitely also supplement your website with some more traditional marketing methods. Hire a couple of VA's to do some cold calling, texting, and answering phones when needed, and also hire a lead manager/acquisitions manager to manage and close on your leads. This will help you work on the business instead of in the business like you stated.

I have a few colleagues that have benefitted greatly from Pace's program. I've been thinking about joining myself.