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All Forum Posts by: Nick Q.

Nick Q. has started 4 posts and replied 18 times.

Post: $215K down to $198 but all CASH!

Nick Q.Posted
  • Real Estate Investor
  • McAllen, TX
  • Posts 21
  • Votes 8

Why not cash out refi right now and rinse and repeat? Your CoC will thank you for it.

Post: Edinburg TX Investment

Nick Q.Posted
  • Real Estate Investor
  • McAllen, TX
  • Posts 21
  • Votes 8

Perfecto! :) Awesome numbers. Good job, sir.

Post: Edinburg TX Investment

Nick Q.Posted
  • Real Estate Investor
  • McAllen, TX
  • Posts 21
  • Votes 8

Hi Brian,

How did you handle the redemption rights of the previous owner?

Post: REI Reply - Too Good To Be True?

Nick Q.Posted
  • Real Estate Investor
  • McAllen, TX
  • Posts 21
  • Votes 8
Originally posted by @Curt Smith:

@Nick Q. 

I have no insight into high equity sellers.  Others here or in the marketing forum in general might comment on how to filter and the response rate.  My resposnse rate for actual real leads is extremely low, extremely low.  But SMS is low cost.  For the bad phone numbers from the skip trace I think I'll down load those and do a post card to put something in their hands.  When you blast SMS to a skipped list,  you'll get back alot (ALOT) of folks complaining "I'm not Joe..."...   Its not simple like you'd think.  LOL

Repeating what others have said;  blind SMS has spam violation risk, fines, etc.  The fines are much worse then getting caught doing bandit signs.   There's staying under the radar tactics that one must follow but no guarrantees.  I felt a need to tell folks that SMS is good, and bad and has risks.

 Hey Curt, thanks for the great responses to my, and everyone else's questions and comments. I'm finding the same -- response rate to my SMS for actual real leads is very very low, but it's a very low cost to send them out.

How are you attempting to stay below the radar when sending SMS in order to avoid TCPA issues? I know platforms like Lead Sherpa and Launch Control are supposedly "TCPA compliant". Does REI Reply have a function where you have to manually click for every single text message you want sent out? It looks like functionality like that would really help defend against a TCPA case.

Post: REI Reply - Too Good To Be True?

Nick Q.Posted
  • Real Estate Investor
  • McAllen, TX
  • Posts 21
  • Votes 8

@Curt Smith Which 30-60-90 list vendor are you using? When we were mailing that list, we used Citracado.

Post: REI Reply - Too Good To Be True?

Nick Q.Posted
  • Real Estate Investor
  • McAllen, TX
  • Posts 21
  • Votes 8

All bickering aside, how is the texting service that REI Reply provides TCPA compliant?

Post: CRMs & Lead Generation Software

Nick Q.Posted
  • Real Estate Investor
  • McAllen, TX
  • Posts 21
  • Votes 8

@Jose Castillo Sent you a PM regarding Podio and the guy you used to set it up. Thanks!

Post: Selling with temporary lease?

Nick Q.Posted
  • Real Estate Investor
  • McAllen, TX
  • Posts 21
  • Votes 8

I just finished rehabbing a house and have someone wanting to buy it. The catch is they want a temporary lease until their financing goes through (30-60 days).

It is a large property, 3,670 square feet, where a lot of damage could potentially be done.

How would I write it into the contract where I get a large, non-refundable down payment (eg: $5,000) to ensure that the buyer has an interest in closing quickly and not damaging the property?

This is in Texas.

Thanks.

Post: Texas Lease Options: Deciphering the Legal Jargon

Nick Q.Posted
  • Real Estate Investor
  • McAllen, TX
  • Posts 21
  • Votes 8

@Mark Allen I know your post is a little old, but how are you accomplishing this? What type of contract -- this is exactly what I want to do but I'm not sure which legal vehicle would let me do it properly.

Post: Will Investor Carrot integrate with REImobile?

Nick Q.Posted
  • Real Estate Investor
  • McAllen, TX
  • Posts 21
  • Votes 8

We're already using REImobile for our CRM but want to try Investor Carrot for our sites.

Does anyone know if Investor Carrot will integrate with REImobile? And now?

Thanks.