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All Forum Posts by: Mike Bryant

Mike Bryant has started 12 posts and replied 51 times.

Post: I WANT IT ALL IN INDIANA

Mike BryantPosted
  • Real Estate Professional
  • Lees Summit, MO
  • Posts 57
  • Votes 21

Hello, @Jerry W. ; I am originally from Indianapolis (Northeast Side, Graduated Lawrence Central '77), but now am working the business in Kansas City, MO. Curious - why Indy? It's a GREAT place no doubt, but real estate-wise, very similar to all of the Midwest. Since you are open to other areas, The KC market is great. Your list of needs will be tough to meet them all, but we are aggressively marketing to sellers in the suburbs here (great schools and neighborhoods). Contact me directly and we can drill into the details.... Again, if you are willing to invest long-distance, the market is HUGE throughout the Midwest!

Post: Can an Employee of my company post in the marketplace?

Mike BryantPosted
  • Real Estate Professional
  • Lees Summit, MO
  • Posts 57
  • Votes 21

thanks for your feedback everyone. Yes, @Karen Margrave, I am merely delegating work. We just set up the accounts, and not sure how the link to the Company profile actually worked. It sounds as if, even though I have a Company profile, it cannot post properties for sale, etc. I have to do that personally. Which is fine, just learning the system!

Post: Can an Employee of my company post in the marketplace?

Mike BryantPosted
  • Real Estate Professional
  • Lees Summit, MO
  • Posts 57
  • Votes 21

Hi - I recently joined as "Pro Account" and have set up my company profile. I have a Marketing Manager who has also joined BP and linked to my company. She runs all our marketing. Can she post in the Marketplace under my Company Profile?

Post: Snow and ice removal

Mike BryantPosted
  • Real Estate Professional
  • Lees Summit, MO
  • Posts 57
  • Votes 21

thanks for the input you guys. We are using what seems to be the standard around here, we will clear anything over 3" accumulation. More of a concern is ice, we just now have freezing rain conditions and ice on sidewalks. I provided ice melt to them but know I can't be there to clear sidewalks every morning when they get up!

Post: Snow and ice removal

Mike BryantPosted
  • Real Estate Professional
  • Lees Summit, MO
  • Posts 57
  • Votes 21

hey BP forum!!! I am wondering what the property managers out there do in the winter wonderland we are entering into. We own a 4plex and are experiencing some icy conditions, do you all provide ice melt? At what snowfall level do you provide snow removal services? I'd hate for someone to slip and fall, but also know there is no way we could always be there immediately if sidewalks freeze...any input is appreciated!!

Post: Post Card Mailing- How Many Addresses and Frequency, and Any Success?

Mike BryantPosted
  • Real Estate Professional
  • Lees Summit, MO
  • Posts 57
  • Votes 21

@Lauren Hardy

We use www.listability.com to access the Absentee database in our area. I have learned that not all counties report to the data services. I can't get some counties in our area. But the search function is great and you can drill into selects and see what the list size is and what the cost is before you download it. We select Loan-to-value at 0-49% to capture the high equity leads. They are good to work with.

US Lead List (In San Diego, CA) markets the Inherited Property lists by County - and only will sell to three people per county, so if you are lucky your area is available! Call Terry or Lance at 1.866.711.1688. Good luck!

Post: Pro Account

Mike BryantPosted
  • Real Estate Professional
  • Lees Summit, MO
  • Posts 57
  • Votes 21

If I have a Pro Account, and I click on "Account"> "Your Pro Account", why do I get a splash screen asking me to upgrade to a Pro Account?

Post: Post Card Mailing- How Many Addresses and Frequency, and Any Success?

Mike BryantPosted
  • Real Estate Professional
  • Lees Summit, MO
  • Posts 57
  • Votes 21

Hi Lauren - we have mailed to our county absentee owners list regularly for 3 years. We mail approx 1000 cards per month, but to manage the lead flow, we mail 500 every two weeks. Most responses come within the first 10 days after they hit the mailboxes. Out of the 1000, we usually get about 15-20 calls, of which 8-10 are decent leads. We are looking for retiring landlords with Free & Clear properties. Out of every 30 leads we normally get a deal under contract, so at 1000 per month, we are able to buy a property once per quarter. We supplement those mailings with an "inherited Property" list we get (which is smaller but a great list).

Post: All-cash deals contingent on inspections?

Mike BryantPosted
  • Real Estate Professional
  • Lees Summit, MO
  • Posts 57
  • Votes 21

Hi everyone - wondering what the protocol is for wholesaling and cash buyers regarding buying houses "as-is".. We have been active in the "buy-and-hold" model for several years; we have standard contract language regarding inspections (i.e. termite) that if its revealed that additional repairs/treatment is needed, the seller must remedy or the deal could fail. We are preparing to launch a more aggressive Wholesaling model in 2014 and have also seen the "cash buyers" claim to buy houses in 48 hours or less, etc etc. Those of you who buy this way, or get houses under contract for wholesaling purposes, do you have any inspections done, or do you just leave that to the investor you are flipping to? Case in point - we had a property under contract and discovered the original furnace was lined with asbestos, and the abatement quote is quite high - over $2000 on a $50,000 ARV. How would you handle this as a whoesaler?

Love the forum - appreciate any input!! - Mike B.