All Forum Posts by: Devin Davis

Jonathan McGee lol wow. Are those 6 still available? I found a contact I’m going to reach out to on Monday to see if I can purchase the homes before they auction em.

I have several properties on my radar where the owners have passed away & the taxes are delinquent. They are in a favorable area of mine so I want to hold these. Anyone have any tips on a way to obtain these properties before they go to auction?? I have an attorney who specializes in probates I’m going to get with tomorrow to help with this as well. I’m in Memphis, TN by the way.

Hey Janika, I believe I follow you on IG. Welcome to BP. I'm in Memphis but have some people in Atlanta you could mastermind with.

The Raleigh mall has been demolished. Feel free to PM me for any advice

Originally posted by @Ibrahim Hughes:

I'm a big fan of researching. Helps you learn so much about the business and the laws that govern it. Plus you end up finding information and Lead sources that you competition is not aware of. I've never bought into the "it's a numbers game" mantra. For me quality over quantity any day.

 Yes Ibrahim,

The way I'm doing things is actually working very well for me. Everyone is doing the exact same thing, using the same letters, postcards, or whatever but the way I'm doing things is a little more strategic. I will update you all on the progress of my campaigns as the weeks pass.

No offense to any of you guys but I'm going to continue going through my list the way I'm doing it now because when sellers call me, they are saying the same thing. "YOUR LETTER STOOD OUT" I don't want to change my marketing until I know for sure I'm failing. Plus I paid for the envelopes & labels I have been using already anyways lol. 2 calls today. With me being a licensed Realtor, I was able to convert one into a listing which I already had a buyer for and also a potential deal that I'm going to check out in the morning.

@Paul Amegatcher 

I used listsource and narrowed it down to what I wanted. But some of the properties on the list would sometimes be recently sold within 30 days at prices that leave no room to make a profit. 

If not sold, it may have a current loan amount left on it that leaves no equity as well. (I have my own systems to check for that)

@Rashard Alomari 1 deal out of 1500-2000 seems pretty terrible in my opinion. I'm just doing things how my mentor has showed me for now. Out of the 147 I have sent out so far with about 15 to come back, I have gotten 4 calls so far. 2 of em I am following up with today because they want to think things over, 1 was something I couldn't do anything with and the other guy was just curious to know how people were getting his address to send stuff to. He didn't want to sell his home but he decided to reach out just let me know he could help me out with my investing endeavors when it comes to rehab & flips and buy & hold as he is a contractor.

I have 200 bandit signs to put out as well.

Paul Amegatcher What do you mean by throwing away leads? I don't think I'm throwing away leads. I really feel more like I'm not wasting the money to send to a lead I can't make a profit from especially if it's something that recently sold for a price close to market value. I'm just looking for a target that's harder to get leads on. With the way I'm mailing, every call is a property with equity, it's just a matter of getting an actual motivated seller on the phone

Hey What's up BP!

I just started my investing endeavors here in Memphis and decided to start with wholesaling to build up capital to start on my own projects such as fix & flips & also to build a rental portfolio. I have been a licensed Agent for the last 3 1/2 years now. 

But anyways, let me get straight to it. I know sending mail to absentee owners is the most "typical" but obviously everyone is doing that. I don't send out hundreds or thousands of mailers a month. What I do is get my list and I literally do my due diligence on every address to determine if it had been sold recently, wholesaled, and check for equity. I have some software that shows me the last time they refinanced and how much the loan was for, etc.

So far I have sent out 149 letters and have gotten 4 calls so far after a month or so in. 

I send out 25 letters a week at the moment until my budget allows for a higher quantity($1 a letter), over 10 have returned so far. I know mine are standing out and getting noticed but I want to target something other than absentee owners. Everyone is flooding them. 

Are there any tips or trick on getting leads on probates, preforeclosures, or any other category that's harder to target?

David Acosta PM me, I can send 2 your way you can speak with as well.