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All Forum Posts by: Reuben Stewart

Reuben Stewart has started 9 posts and replied 44 times.

Post: I almost gave up!!!!

Reuben StewartPosted
  • Anaheim, CA
  • Posts 48
  • Votes 31

@Karen Margrave

You have alot of experience, anything stories or advice you share would help all of us.

Thanks

Post: I almost gave up!!!!

Reuben StewartPosted
  • Anaheim, CA
  • Posts 48
  • Votes 31

@Yari Delgado

@Yari Delgado

@Yari Delgado

@Yari Delgado

@Yari DelgadoNo so much in the city of Anaheim, but the Orange County market more so..cities like Santa Ana, and Orange. Most of my deals are La county. Its about 88 cities in La County..Its an ocean of opportunity

Post: I almost gave up!!!!

Reuben StewartPosted
  • Anaheim, CA
  • Posts 48
  • Votes 31

@Brian L. Your absolutely right...

@Carolina E.

@Carolina E. I started looking for people who needed me, i stop using the shotgun approach, putting up signs and just buying names to mail to and hope someone was motivated. Some many people talk about how important it is to target the right sellers, i spent hours finding sellers that didnt even know they either wanted or needed to sell...That was my breaking point.

Post: I almost gave up!!!!

Reuben StewartPosted
  • Anaheim, CA
  • Posts 48
  • Votes 31

@Steve Sanchez

I hope it can encourage someone to not give up, i read a similar post a while back that really encouraged me...

Anyone with suceess stories share them, i get on BP everyday jut to read them and it stills motivates me to keep pushing

Post: I almost gave up!!!!

Reuben StewartPosted
  • Anaheim, CA
  • Posts 48
  • Votes 31

I can’t believe i almost threw in the towel, i worked so hard, thousands of letter, and 100s of bandit signs, driving for dollars, door hangers, flyers, website etc.

And i almost walk away, i was tired of talking to seller after seller, no deal, to possible deal, to deals at the closing table...and then BOOM!!! It falls apart....

I was so frustrated and mad at the world, i spent so much money marketing...i had gave up, i might have even been depressed and all of a sudden low and behold i found BIGGERPOCKETS.COM

I found 100s of people just like me. It was refreshing...LOL..

I got soooooo much advice and pointers, i went back and started over and rehabbed all my marketing campaigns from top to bottom, and I did a complete renovation of my business models. And a year and a half later…

28 wholesale deals

2 fix and flips

2 buy and hold rentals

Don’t give up, keep pushing and pushing till there’s nothing left, then refuel again and keep going. If this is your passion don’t let anyone discourage you on here or in the real world. Go for it, live it, breathe it, enjoy it…

Happy Investing to all …

Post: Which data source is more accurate

Reuben StewartPosted
  • Anaheim, CA
  • Posts 48
  • Votes 31

Ive gathered alot of list over time from all different sources, county records, court records, 3 rd party vendors, like list source, or mellissa data etc.

Usually I edit them in excell and get them ready to be mailed. Just for my own satisfaction i started to compare owners names and mailing address across different databases and i find different info across several of them. Would you say county information is more accurate as far as mailing address and owners names or are 3rd party vendors faster with updating data?

Post: Investing in the midwest (Northern Indiana)

Reuben StewartPosted
  • Anaheim, CA
  • Posts 48
  • Votes 31

@Sharad M. -I can gurantee you one thing that house wont get up and run...it will be there when you have time to check it out..LOL No worries at all. So your taking the negative (snow) and making it postivie. Its funny you say that because thats all i hear out there, "its too much snow im staying in"...Your stock pilling properties now so when its hot a dry and the competitions back brewing you wont have to work as hard. Both my properties need major work about 25k in repairs and a winter sitting vacant and semi-untouched can equal bigger problems.

@Brant Richardson - Just keeping the cycle going with renovations, or do they even buy during this time etc...i had the pleasure of speaking to @Sharad M. a couple weeks ago, and he has a nice system, and his strategies get him great returns. I picked up my 2 properties for far less cheaper. Around the same area And they will rent for about the same.

Post: Investing in the midwest (Northern Indiana)

Reuben StewartPosted
  • Anaheim, CA
  • Posts 48
  • Votes 31

I wish someone would have told me about the snow...LOL

In Nov of 2013 i was blessed to have purchased my first out-of-state properties. (2 houses, in Merrillville Indiana..Im from CA by the way. I know these areas really well, i travel there about 3 times a year. I had it all planned out i researched every aspect of it, had a little team on the ground. I had family helping with marketing, visiting properties etc. Found some really nice deals, i got them under contract and with all of these brains working together NO-ONE warned me about the snow...LOL Its been almost 3 months and i havent been able to much at all.

Just curious to know how investors on the east coast, midwest or where ever it snows for a long period of time are able to keep the cycle moving during those periods?

Post: Going after a home that has a tax lien already purchashed

Reuben StewartPosted
  • Anaheim, CA
  • Posts 48
  • Votes 31

Alot of companys that purchase huge amounts of tax liens are looking to make money on the intrest the tax lien will build throughout the redemption period. Most of the time they dont really care about the property its self.

What we do is find any info on the owner, like phone numbers or addresses. And approach them and offer to pay off their tax debt if they are willing to sell me the property. However if the owner passed away, you can find the next of kin and do it that way. But theres some many things that are involved in going that route, if your new to tax lein investing it will make your head spin. You have to really know what your doing going that route. But ive added some nice rental properties to my collection going that route.

Or it dosent hurt to call the company and see if they are willing to sell you the lien for the purchase price and the intrest occured thus far. That wont gurantee the property wont still be redeemed but ts an option.

Post: Wholesaling in Southern California

Reuben StewartPosted
  • Anaheim, CA
  • Posts 48
  • Votes 31

Wholesaling in SoCal can be tough....i haven't found the competition factor a set-back yet..if your really out in the streets, knocking on doors, at your court houses, county buildings consistently you find there are not as many wholesalers as you may think actively wholesaling.....there are quiet a bit of people talking and wanting to get in...i use the county buildings and the court houses for my leads...there are some really great untapped resources and tons of different types of leads you can get from those two places...and of course I have not discovered anything brand new...im just realizing the sucess is in the fight and how hard you want it...when i found out about these two sources i started to pull data from them and let me tell you it was overwhelming...but it was a gold mine...before i made enough money to pay someone to do this for me....i had to spend hours and hours and hours daily scrubbing data....finding address and owners names...etc...i have a system now and it runs smooth...i find some really great deals throughout LA County and Riverside County...I have 2 cash buyers that have bought all my deals...thats another important thing find real cash buyers...when i first started out i didnt have real buyers and i found out other wholesalers were acting as cash buyers just passing my deals on and on and it became a daisy chain leading to no where...Anyway i love wholesaling and i could type all day..if you want some creative ideas to find properties PM me....but dont give up...and don't let anyone discourage you about SoCal...its tough and it will literally make you cry....lol but its great place to start wholesaling...if your willing to put in the work...