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All Forum Posts by: Eric F.

Eric F. has started 33 posts and replied 418 times.

Post: REI Reply - Too Good To Be True?

Eric F.Posted
  • Real Estate Investor
  • Raleigh, NC
  • Posts 427
  • Votes 297

"I'm not happy with the integrated skip trace ($0.10 per) integrated with reireply. My next batch I'll SMS to I'll figure out how to use an external skip service. I haven't watched the training videos on how to upload a list that you run through your own skip trace service and comes back with 4+ phone numbers. Reireply only accepts 1 phone number per lead. I suspects theres a solution just saying I've not crossed that bridge."

@Curt Smith Here is what I do. I skip trace with either Batch Skip Trace or Propstream. They return spreadsheets with the name and a column for each number. I just create a new spreadsheet and copy the entire spreadsheet 3 times. I then delete everything but the lead info and the first phone number, then everything but the lead info and 2nd phone number, then once again for the third. Kind of cumbersome, but I don't know a better way. What is annoying is you cannot combine the name and multiple numbers in REIReply. No clue why they do not let you. It should be easy.

Post: REI Reply - Too Good To Be True?

Eric F.Posted
  • Real Estate Investor
  • Raleigh, NC
  • Posts 427
  • Votes 297

@Chris Monroe how do you use RVM? I have not really messed around with it yet?

Post: REI Reply - Too Good To Be True?

Eric F.Posted
  • Real Estate Investor
  • Raleigh, NC
  • Posts 427
  • Votes 297

Something is up for sure. I tried to send messages to 200 contacts, using new twilio numbers, and got at least 100 errors.

Most of them were "unreachable destination handsets" with some "carrier violations" mixed in. Again, a brand new twilio number.

Post: REI Reply - Too Good To Be True?

Eric F.Posted
  • Real Estate Investor
  • Raleigh, NC
  • Posts 427
  • Votes 297

Has anyone else noticed a massive drop off in responses to texts the last couple of weeks? Even people telling me to F off has dropped quite a bit. I changed my numbers and it still is lower than it was. @Curt Smith have you noticed the same?

Post: REI Reply - Too Good To Be True?

Eric F.Posted
  • Real Estate Investor
  • Raleigh, NC
  • Posts 427
  • Votes 297

@Curt Smith I do have the app. I very much prefer to work at my computer. I hate working off my phone. It is too easy to destroy your life when your work goes everywhere you go. The app is nice though. I called someone I had been texting through it today and it worked great. 

REIreply is not perfect, but it is probably the best of all similar products, at least that I have tried. I only used their web based dialer once and did not really like it, but I should give it some more time and a couple of more tries. I might have to keep Mojo for serious calling, or try CallTools out. A guy I know said he prefers Calltools to Mojo. 

Post: REI Reply - Too Good To Be True?

Eric F.Posted
  • Real Estate Investor
  • Raleigh, NC
  • Posts 427
  • Votes 297

@Curt Smith

I am curious. Do you only send texts when you are at the computer and can reply right away? If you have already answered this I apologize. 

I will give the REIreply skip tracing a try just to see the quality, but since I cold call as well I will probably stick to batchleads and their mobile and voice numbers. Thanks for all your information in this thread

Post: REI Reply - Too Good To Be True?

Eric F.Posted
  • Real Estate Investor
  • Raleigh, NC
  • Posts 427
  • Votes 297
Originally posted by @Curt Smith:

@Eric F.   I only did one skip trace in propstream, at $0.30 ea I felt wasn't a good deal.  The skip trace built into reireply only returns 1 phone number and has lots of wrong numbers.  I don't have a percent nor a percent that doesn't get a look up.  IE for others;  send in a list of 100 leads to any skip trace service and you'll get back between 40% and 70% with (some) number.  Then the next metric is how many of those are actually the correct number?   

Thanks for the reply Curt.

 Batchskiptrace returns a lot of numbers for each lead for 18 cents a lead. They have a scoring system that predicts the chance the number is correct. They also tell you if it is mobile vs voice. What I do is use the first 3 numbers and ignore the rest. A lot of them are wrong, but sometimes the second or third number is the correct one. I would rather pay more and get all the numbers than less, but only get one number, which I believe their staff told me is only a mobile number. I want landlines as well, especially for older people who might have land or an extra house their kids don't care about.

For multiple phone numbers, I create a new row in excel for each one when I import into REIreply. It is work, but better to work for myself than for a boss. I just finished filtering for mobile only and creating a new spreadsheet. Took about 45 minutes for 1600 numbers. 

For this round I am going to send a similar message to the one you posted about helping owners with financial struggles. I am just going to send one message. My next round of 1500 or so numbers I will use one of their multi step campaigns, and utilize all of it (text, ringless voicemail, etc) and see how it works. 

Post: REI Reply - Too Good To Be True?

Eric F.Posted
  • Real Estate Investor
  • Raleigh, NC
  • Posts 427
  • Votes 297
Originally posted by @Curt Smith:

I'm pulling low LTV (>70% LTV), owner >3 yrs <10 yrs, value in the starter home price range, from propstream.com and uploading and skip tracing in reireply.

Who does REIreply use for their skiptracing? I skip traced through Propstream and found the data to have much lower quality than BatchSkipTracing .com. Of course, there were still a ton of incorrect numbers like all skip tracing services, but it was better than Propstream.  How is REIReply's data? Have you used BatchSkipTracing .com to compare?

"I'm working on my 2nd sub to lead via SMS/reireply, this one I'm planning on buying. Right now seller has given me a signed bank info release form to verify loan numbers. I walked the house (full of trash). Seller is willing to "sell for what we owe". the exact scenario I'm certain will ramp up 100x or more into next year."

Tremendous. I'm hoping to rack up these deals next year as well. 

Post: REI Reply - Too Good To Be True?

Eric F.Posted
  • Real Estate Investor
  • Raleigh, NC
  • Posts 427
  • Votes 297

I'm starting to lean towards this having enough problems that despite the massive monthly cost savings, this program just is not consistent and reliable enough if this is your business instead of a hobby. For example, I was told you can send 100 texts per number each day, and I was under the impression all 100 went out within like 10 minutes, but they go out in such highly spaced batches it just isn't worth it. You have to know when your initial text goes out, because the response is going to be instant, and you better reply to their reply instantly, but if you don't know they are going out then you cannot make sure you are there. My personal experience is if you don't respond to a text within say 5 minutes you are probably not talking to that person ever.

The other day I sent 100 texts, got some responses, and assumed they all went out. A couple of hours later I guess round 2, maybe the second 50, went out, which I was not ready for, and I missed the window to respond timely. 

I'd rather spend 300 a month on a subscription + texts on batchskiptracing and actually know when my stuff goes out vs 75 a month on a subscription and texts on this software and have no idea when all my texts are going out, not being able to stop a campaign unless I delete it, and just praying that the complicated steps I took when setting up my campaign don't backfire, or crash, or nothing goes out, or whatever.

Post: REI Reply - Too Good To Be True?

Eric F.Posted
  • Real Estate Investor
  • Raleigh, NC
  • Posts 427
  • Votes 297

A week in and my review is basically: This software is 75% of the way to being awesome, but the missing 25% really hurts it. The learning curve is really large and it has some limitations that really hurt how I feel about it. A few small tweaks and it could be really good.