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All Forum Posts by: Chas Fabiano

Chas Fabiano has started 6 posts and replied 69 times.

Post: Looking for a Roofer in St. Louis

Chas FabianoPosted
  • Real Estate Investor
  • chandler, az
  • Posts 72
  • Votes 23
Originally posted by @Kevin Furlong:

Hi,

I need to get a bid on a 1200 SF sngle family roof asphalt shingles.

Anyone in the St.Louis have anyone they have worked with and or happy with price and quality.

Thank You,

Kevin 

 ANGIE'S LIST

Post: Inheritance List vs Absentee Owners List

Chas FabianoPosted
  • Real Estate Investor
  • chandler, az
  • Posts 72
  • Votes 23
Originally posted by @David Battle:

@Jerry Puckett yes I used the usleads list. I purchased the absentee list to give it a whirl and I'm currently searching for probates in my county. I'm willing to try anything that can be done with the amount of spare time I have. I work a lot so knocking on doors would be out the question. I'm trying to save funds to get something like REI blackbook to drive leads in through the internet. If you have any pointers it would be greatly appreciated. Thank You

 Congrats on taking action like Jerry said.  This is all constructive and not destructive.  I am also a newbie.  I rather learn from other people's mistakes than my own.  Costs less...LOL

Post: Inheritance List vs Absentee Owners List

Chas FabianoPosted
  • Real Estate Investor
  • chandler, az
  • Posts 72
  • Votes 23

People...you have to love this guy.  He doesn't hold back any secrets like some "gurus" who want money for info.  I want to personally thank you Michael for being you.

Post: Inheritance List vs Absentee Owners List

Chas FabianoPosted
  • Real Estate Investor
  • chandler, az
  • Posts 72
  • Votes 23
Originally posted by @Michael Quarles:

I'm currently have 26,000 of these out.

Im also sending this little guy

And I am also sending this thingy

Then this one too

Then this one

Post: Yellow letters

Chas FabianoPosted
  • Real Estate Investor
  • chandler, az
  • Posts 72
  • Votes 23

"then run it through my software to find the vacants."

Nice info but better plug for your business.  LOL 

Post: Yellow letters

Chas FabianoPosted
  • Real Estate Investor
  • chandler, az
  • Posts 72
  • Votes 23
Originally posted by @Shane Foster:

If you plan to market to absentee owners be prepared to have lousy results (depending on your market's competitiveness). Every guru pushes this list because it's so easy to acquire and take action. We find that they are getting smashed with direct mail. Does not mean it's worth a shot, but if you're on limited resources I'd focus on my one of these list that we have success. You'll see a common theme, it requires you to preform work. There are a few list brokers for each list.

1. Probate- get from county or state (just google what court handles these cases and call to find out)

2. Evictions

3. 2 or more years late on taxes, then run it through my software to find the vacants. Find who handles your the taxes and then file a Right To Know (if applicable)

4 60, 90 days late on mortgage

5. Notice of default (foreclosure).. constantly stay in their ear , from start to finish.

6. discharged/dismissed bankruptcy cases (get from pacer)

7.Tax lien sale- published in legal news papers when auctions come up

8. Divorce- get from court

9. 25+ years owned or more for owner occupants with equity (list-source)

10. Code Violations

11. Vacant properties (drive for dollars)

12. absentee owners 3-5 years owned (most landlords sale after the first 2 years, and with prices climbing its a perfect list)

13. inherited properties: some states do not require heirs to go through probate if the will was recorded prior to death. these properties are sold through under a special deed

14. Expired listings.

Post: Floor tile as cheap back splash?

Chas FabianoPosted
  • Real Estate Investor
  • chandler, az
  • Posts 72
  • Votes 23

I don't think vinyl tile is going to give you a great reason to increase rent.  What is the range of rentals in your area?  Get the addresses and see if you can pull them up on Zillow for pics.  Increase in rent = Increase in security deposit. 

Post: Inheritance List vs Absentee Owners List

Chas FabianoPosted
  • Real Estate Investor
  • chandler, az
  • Posts 72
  • Votes 23

Everybody sends out those type of "guru" yellow letters.  Try to be original and different.

Post: Issue repainting existing cabinets on flip. Is contractor right?

Chas FabianoPosted
  • Real Estate Investor
  • chandler, az
  • Posts 72
  • Votes 23
Originally posted by @David Oldenburg:

@Chas Fabiano I have bought used cabinets for like $25 on Craigslist.  I don't care about the condition, because I only need a single cabinet door or one cabinet. I guess I don't consider that a lot of money.  I price my deals where there is enough profit that $25 or even $50 or $500 extra dollars is not going to impact me in any way.  However, I get your point.

 You could always give them to charity for a writeoff.  I whitewashed some cabinets many years ago and they came out ok.  Too much work for me.  LOL

Post: Issue repainting existing cabinets on flip. Is contractor right?

Chas FabianoPosted
  • Real Estate Investor
  • chandler, az
  • Posts 72
  • Votes 23

Rust-Oleum Cabinet Restoration Video

Katie,

If all else fails, go to YouTube...LOL