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All Forum Posts by: Alex C.

Alex C. has started 20 posts and replied 56 times.

Post: Cold Calling Etiquette & Stuff

Alex C.Posted
  • Flipper/Rehabber
  • Los Angeles, CA
  • Posts 66
  • Votes 35

@Sharon Sweeny

I'll start by saying every market is different but in my market, I will call a lead almost every day, if for example it's a foreclosure lead that I have already spoken to and found intent to sell. 

Sending text messages like @Elisa Uribe said works so try it. 

If it's a fresh list than just go down the list until you talk to someone who wants to sell. Be polite and memorable above all else. 

Stand up if possible, I use breathing techniques to focus on the moment and to have a full breath of air so I sound calm and collected. Also it helps me not get caught in that negative self talk when you're doing something that can be scary. 

I call every weekday from 9am-12pm every type of list you could imagine. But I have called up until 830pm in the past. If you're cold calling, you're inevitably going to come across someone rude no matter what time you call. Its more important that you're a good mood and try to enjoy the calls because people can sense when you're not into it. 

Weekends, you're contact rate skyrockets and people are usually in a better mood too, I call every other weekend but it always seems to be productive. 

Have a great script and practice them, but don't fall in love with just one, have a couple so you sound fresh. Be aware that if you speak slowly, you might have to speak faster at times with different prospects, and vice versa, so be adaptable in that sense. 

Have purposeful questions. Use them and listen as much as possible. Build a connection and always ask for appointments when you sense its there. I call it being politely persistent! 

I could go on forever but hope that's enough to encourage you to keep working those phones. Good luck! 

Post: Leasing homes to then sublet through Airbnb? Viable business?

Alex C.Posted
  • Flipper/Rehabber
  • Los Angeles, CA
  • Posts 66
  • Votes 35

@Eric Moeller I've had very similar experience in the LA market as @Andy Whitcomb Great work. Thanks for posting!

Post: OFF MARKET OPPORTUNITY - 8 UNITS | VAN NUYS | NON RENT CONTROL

Alex C.Posted
  • Flipper/Rehabber
  • Los Angeles, CA
  • Posts 66
  • Votes 35

@Siouxzie Hanes

Sent you a PM about this property. Thanks. 

Post: San Fernando Valley opportunity

Alex C.Posted
  • Flipper/Rehabber
  • Los Angeles, CA
  • Posts 66
  • Votes 35

@Trevor Baker

I specialize in the San Fernando Valley and have done several flips in Winnetka. I would personally walk the property with my contractor in order to get an exact rehab cost analysis and ask for concessions/price reduction. I'm happy to analyze the deal more specifically with you in you're not sure what ARV/Exit price you can get on this property, just let me know. Thanks.

Post: New REI from Los Angeles

Alex C.Posted
  • Flipper/Rehabber
  • Los Angeles, CA
  • Posts 66
  • Votes 35

@Ethan Edwards

Thanks for sharing that story. Good insight. I believe had I discovered BP earlier in my investing career I'd be light years ahead of where I currently am. Paying high prices for courses isn't going to guarantee your success and people need to be reminded of this. 

Post: Which city in Los Angeles would be best for realtor to start out?

Alex C.Posted
  • Flipper/Rehabber
  • Los Angeles, CA
  • Posts 66
  • Votes 35

San Fernando Valley is a great place for her to consider to live and work as an agent. @Freddy Yang

Post: How to build buyers list quickly ?

Alex C.Posted
  • Flipper/Rehabber
  • Los Angeles, CA
  • Posts 66
  • Votes 35

@Bryan Moelos

Please add me to your list. I am a very active buyer in the SoCal market. Thanks 

Post: New Member From Los Angeles

Alex C.Posted
  • Flipper/Rehabber
  • Los Angeles, CA
  • Posts 66
  • Votes 35

@Matt Friedman

SoCal has plenty of deals, it's just harder to find them because of the amount of competition. I'm finding a good amount of deals to be had in the NE side of the San Fernando Valley. Cities like North Hollywood, Van Nuys, Sylmar and Arleta still have a fair amount of distress properties. I'm not a huge fan of the Antelope Valley but there are certainly better price points out there. I prefer South LA or better yet the Bakersfield market if you're looking for small multi to buy and hold. My business is mainly fix n flip so I like close local flips that I can drive to in under an hour. But that's my feedback. Welcome and good luck! 

Post: Most properties selling below list price in LA have you noticed?

Alex C.Posted
  • Flipper/Rehabber
  • Los Angeles, CA
  • Posts 66
  • Votes 35

@Chris Gibbs

Your comment indicates that sellers know exactly how much their house is worth and therefore list it at slightly over what they KNOW they can sell it for and that explains why so many listings are now closing under list price. Thank you for you comment however I disagree.. 

Post: PURCHASING TAX DELIQUENT LIST

Alex C.Posted
  • Flipper/Rehabber
  • Los Angeles, CA
  • Posts 66
  • Votes 35

@Jordan Santiago

There's different list providers. The only one I can vouch for is List Source.