All Forum Posts by: Jason Thompson

@Peyton Cooper Check out Udemy. They have super cheap online courses with excellent content to educate yourself with and a plethora of books (Joe Fairless - Best Ever Apartment Syndication Book) and podcasts; congratulations on getting into the game; DM me if you have any questions or want to discuss further—all the best, buddy.

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Quote from @Bryant Brislin:

I use lists from Propstream, InvestorLift and LandVision. Feel free to reach out.

Hi Bryant, so you build lists from those programs and cold call or email blast them?

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Quote from @Daryl Correia:

Quote from @Jason Thompson:

I have been putting together quite a few contracts at 70 %arv but have had to cancel most of them because I can't seem to find a way to dispo them. I have contacted the majors like Keyglee and Newwestern with little to no luck. I have hired a VA to build a list off of Linkedin of real estate investors, I have contacted local agents to see if they have buyers and are willing to pay their 3% commission. Does anyone have any advice on increasing the assignment / jv rate on these and improving the conversion on my deals?

I get alot of deals from wholesalers daily, my problem is the margins aren't big enough, with the carrying cost and cost of materials it's driven my expenses much higher. In the past $30K - $40K would cover a good size rehab and now its costing me closer to $60k plus the extra time getting materials due to supply chain.

Thank you for the reply Daryl, what is your buy box for the deals you're looking to purchase?

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@Timothy Holden I have been wholesaling for a while now, no problem putting contracts together at 70%arv I am struggling with dispo, I have used Keyglee, Newwester and other local companies with little luck my cancellation rate is so high. Who have you used for dispo and in what markets?

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Quote from @Brandon B.:

I am glad to answer any questions - I have syndicated 24 deals over the last 10 years.

Hi Brandon, 24 deals is a great resume, I am looking to infiltrate the syndication world and network with successful likeminded people like yourself. I hope you're having a great weekend so far Brandon.

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Quote from @Charles LeMaire:

As a complete neophyte, I met Brad Sumrok in 2010. He is a MF mentor/trainer based in DFW area. Syndication is in his toolbox. BTW, he has members from across the country and we are in deals in 5 states.

With his mentoring and in his network of Sponsors and Passives, my wife & I have passively invested in 35 deals, 10 of which have sold.

He is not a charity! But it has worked out very well for us - my lucrative hobby.

It can be done without a mentor and group, but you would need to be more connected than I was or put more effort into finding Sponsors than I did.

Regards,

Charles LeMaire

Congratulations Charles, sounds like you're doing amazing! I hope you're having a great weekend so far.

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@Ben Bolingbroke Hi Ben, sounds like a great opportunity I would like to get involved if the opportunity is still available, thank you and I look forward to hearing from you.

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@Lorenzo L. Congratulations Lorenzo on starting your podcast, I would be open-minded to pursuing this opportunity with you as a guest, please let me know how I can get involved. Thank you.

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Mystery shop the complex pretending to be a potential tenant by calling, get a feel for whats available, amenities, costs, use various websites to see crime rates, migration, median household income

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All Forum Posts by: Jason Thompson

Jason Thompson has started 51 posts and replied 210 times.

Post: Networking - MF 5 to 50 units

Post: Looking for help with Dispo...

Post: Looking for help with Dispo...

Post: Looking for help with Dispo...

Post: Large scale wholesalers you use for disposition

Post: Syndication

Post: Syndication

Post: Who wants to be on a podcast?

Post: Invitation to Share Your Real Estate Expertise on Our Podcast!

Post: Advice on buying multi-family units remotely