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All Forum Posts by: Greg Scott

Greg Scott has started 4 posts and replied 48 times.

Originally posted by @Dandre Davis:

@Joe Cassandra

Thank You sir!

I’m a newbie wholesaler and seeing all this wholesaler bashing is very discouraging, like geez man why knock their way of getting to you guys level of investing. We start out wholesaling with the end goal to become a savvy investor. It’s just sad that these guys look down on wholesalers trying to get in the real estate investing game because their being persistent and these seasoned investors are annoyed by their marketing. You’ll be seen my marketing campaigns and text coming across your mail, email and text blast soon. Lol God Bless.

Agreed! Like is this an investor forum or what??

Sounds like people complaining about their own industry! To which I say welcome to sales! Nothing happens until someone sells something. Every other company you work for has sales people and yes they're going to contact lots of people. Get over it.

Originally posted by @Tucker Cummings:

Coming from the perspective of somebody who tried his hand at wholesaling:

My day job is sales, I spend a lot of time making cold calls, sending cold emails, making cold connections, getting rejected constantly but also finding opportunities otherwise unknown and closing deals. I’m quite good at it, so I thought wholesaling would be a good niche for me in the RE world to try my hand.

Wow - I have the same profile as you: Sales and cold calling during the day.

Biggest difference in wholesaling? More hang-ups. B2B seems much easier than B2C and in that sense it's been a good workout.

I haven't tried mass texting but it on individual basis (e.g. no answer). I usually get no response but in some cases a positive response, a polite no or even a call back.

In 2016 you could buy a duplex in San Diego (Clairemont) for under $600K. With rent increases those cash flow today. But the same duplex is now $750K

Same old story. Property values always seem nuts when you buy. Hold on a short time and you feel like a genius.

Post: Bandit Signs

Greg ScottPosted
  • Posts 49
  • Votes 6

One of the blogs on this website gives this suggestion:

****Solution**** Use 4×6 postcards with your message on them and post them on message boards at your church, grocery store, laundromat, community center or any place where they have a message board.

I've been thinking about this. Laundromats may be a poor choice since the average customer isn't a home owner.  (unless their washer /dryer breaks down)

Thoughts on the best place for these 4x6 "bandit post cards" ?

Post: Bandit Signs

Greg ScottPosted
  • Posts 49
  • Votes 6

Thanks Jeryll!

 Maybe I'll try it. We have vacant corners around here where gas stations were torn out with chain link fence around.

Soon those will be filled with VOTE FOR XXXX

And one lone sign or two that says WE BUY HOUSES


I

Post: Bandit Signs

Greg ScottPosted
  • Posts 49
  • Votes 6

I had a thought. Soon the vacant lots and public areas will be filled with election signs. If an investor stuck his WE BY HOUSES sign in the middle of all that wouldn't it be hard for the city to single you out? 

Hopefully I can add on to this old post with a very similar question:

I'm using propertyradar mainly as a list of prospects to call. Do experienced users export the data?

Or do they earn to just "live inside" the program with its limited features: notes, custom lists, interest level etc.

As a techy salespro  I'm not a big fan of juggling multiple programs. I tend to think that creates busy work. 

If you're using propertyradar to do cold calls I'd like to hear.

Post: Obtaining phone numbers

Greg ScottPosted
  • Posts 49
  • Votes 6

I've been wondering about this for a while. I'm focused on cold-calling and not mailers. 

Most list providers seem to focus on addresses and mailers with phone numbers as an add-on or after thought.

truepeoplesearch actually does a decent job of finding phone number bit it's  tedious to uses. My guess is that the skip-tracers use that same data base. 

I'd prefer to avoid an expensive monthly subscription. From what I've seen the most cost effective method is to:

1. Get your list form listsource or similar.
2. Pay a skiptracer to add phone numbers.

Thoughts?


Post: $3000 Wholesaling marketing budget?

Greg ScottPosted
  • Posts 49
  • Votes 6

Good discussion John. Good comments on the current state of the market.

Post: $3000 Wholesaling marketing budget?

Greg ScottPosted
  • Posts 49
  • Votes 6
Originally posted by @Account Closed:

1. Door knocking

2. Phone calling

They always work, they will always work and they are affordable.

They probably do. In fact I was cold calling pre-foreclosures last week and on my first call the guy told me he had just sold to some guy who came to the door.

I wonder if the door-knocking competition is way down these days. Having to wear a mask might make it more of a grind than it already is.

https://www.gregbuyshomes.com/