All Forum Posts by: Jake K.

Need the best advice on getting Quality Leads with very little or no money. I do driving for dollars but considering that I'm only getting around 100 leads a week driving,with a mix of distressed and vacant properties, I think the numbers are too small..anyone have a proven strategy ?

0 Votes

Originally posted by @Jill DeWit:

I hear you @Shannon McLeod. I understand starting out and being on a budget.

I can download a list of absentee owners, with no mortgage and 385 other property/owner characteristics, in minutes. Anywhere in the country. I use data from RealQuestPro (Corelogic) and DataTree (First American Title). The time I save is worth WAY more than the cost of the data. That is where I save to start.

The next HUGE savings is not going door to door. I will mail thousands of letters and reach a lot more people than I could ever tackle on foot. I can spend $0.55 per mailer/offer to owner and not waste anyone's time. I only want to find out who is interested in selling, and if in my purchase range.

I know it sounds "different", but this is the best, cheapest way to reach a seller. I have a number of associates doing this right alongside me the exact same way.

Best of luck!

Jill

I hear what you're saying, but for some investors even spending $300 or $500 is a lot of money so by driving for dollars you have a way of actually getting leads that nobody else has. While I do agree that mailing out letters is more efficient than driving for dollars, for somebody on a low budget it is the best option.

2 Votes

Anyone have any feedback on Cris Chico's Facebook ads course ?

1 Vote

Originally posted by @Marci Stein:

Ps -lease states late fee is $30

They have paid on time for 3 years? Of course let it go this time..be human

7 Votes

Originally posted by @Ryan Thomas:

I am trying to get in contact with a ln agent in the desert that is very seasoned and understands the investor builder market.

Funny idea.. but maybe try that couple that are agents and flippers in Palm Springs on that show, Desert Flippers. Their names are Eric and Lindsey Bennett

0 Votes

Basics: On a typical wholesale deal, for example someone gets their first deal done and makes a $10K assignment fee, (and doesn't do a 1031 exchange). Is there a basic tax rate that he will have to pay at tax time or is it just based on their overall income. So if their annual income for that year isn't that much and they wouldn't owe taxes for their overall income normally, is there still tax that need to be paid specifically because it is earned from a RE transaction? Any RE tax professionals out there that can answer this? Thank you

0 Votes

All Forum Posts by: Jake K.

Jake K. has started 36 posts and replied 191 times.

Post: Looking for a cheap AutoDialer? Mojo Dialer is too expensive..

Post: Looking for a cheap AutoDialer? Mojo Dialer is too expensive..

Post: Anyone familiar with this New Zillow hack called The Z code?

Post: Anyone familiar with this New Zillow hack called The Z code?

Post: Getting Leads without money.....

Post: Driving For Dollars Question

Post: Cris Chico Facebook course. Reviews?

Post: Ever ok to forgive late fee?

Post: Palm Springs - I am looking for an experienced agent

Post: Wholesaling Fee Income- What Tax do you need to pay?