Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Eric Moore

Eric Moore has started 11 posts and replied 85 times.

Post: owner financing

Eric MoorePosted
  • Lender
  • San Antonio, TX
  • Posts 88
  • Votes 21

@Phllip

That's awesome! I'm glad you were able to secure that deal via owner financing! Did you contact the owners through direct mail? Are you able to force some equity in the building by upgrading some amenities and ultimately raise rents? I'm sure you worked with an attorney so how hard was it to setup the paperwork?

Post: A postcard with more than 2% response rate exists

Eric MoorePosted
  • Lender
  • San Antonio, TX
  • Posts 88
  • Votes 21

@Michael Q.

Haha!  That's too funny!  I guess things get around in the small real estate circle.  I'll definitely check your site and take a listen.  Thank you!

 @Kevin

The postcard I found was a template and didn't have a number posted.

Post: A postcard with more than 2% response rate exists

Eric MoorePosted
  • Lender
  • San Antonio, TX
  • Posts 88
  • Votes 21

All,

I've done some wholesaling back in my day haha, and I also listen to several different podcasts.  In a not too distant podcast, Joe McCall mentioned to a gentlemen he was interviewing that he started using a postcard that had a much higher response rate than 2%.  He's an honest guy and has put out some great material so I take his word to be true.  However, he stated that Todd Towback told him to keep it close hold.  So I did some investigative work and found the post card!  I'll email it to anyone that is interested.  It pretty much says "Urgent Notice" on the front and we've been trying to contact you regarding some important information on your property.  Then on the back it has some more information and lists a phone number and explains it's a 24 hour 7 day a week recorded message.

I've heard this takes pressure off seller of having to speak to someone live and they can also call anytime to find out more information at their convenience.  

Ok so has anyone used this type of post card before?  And also, on this 2 minute recorded message, does anyone have a specific script they've used?

Post: Hello from San Antonio

Eric MoorePosted
  • Lender
  • San Antonio, TX
  • Posts 88
  • Votes 21

@Cassandra Santori welcome to BP!  I know you'll find yourself up to the wee hours of the morning going from your forum to the next.  Great information on this site!

I'll be visiting San Antonio in December and I'm looking for an investor friendly commercial real estate agent to show my wife and I around town. We are interesting in investing in some multi family apartment buildings. Preferably under 50 units. Looking forward to hearing from you so we can arrange the dates. Thanks!

Eric