All Forum Posts by: Jeff Rightmyer

This would be great to attend, I will try to make arrangements to be there! 

Yes I know of Nationwide RentSure and have my own membership with this company. They are legit … they will do the eviction and keep paying me rent for up to 11 months or until they get the tenant out.

I signed up for this because it is far better then me losing the rental income on the property which I will never recover.. My membership only cost my $530 per property. The way I figure it even if I pay for another six or 7 years the numbers will pencil out when I have an eviction.

I know the company well and have had this product on all rental properties.

I am pretty sure someone from the company is on BP.

As a landlord I would not operate without this. The numbers don’t make sense. I know there have been other companies that have tried to offer this product in the past but in my experience this is the only one that has survived . I believe they offer it in all 50 states but not 100% positive. I only own properties in two different states. 

@Nick Munn great to have you on BP! Also centrally located in Charlotte, seems like it wouldn't hurt to connect and network a bit as it seems we both may have a few things that could benefit each other. Look forward to speaking! Happy Investing, Nick! 

You technically will not become "active" until you're a member of NAR, A local board association MLS, and have your license hung at a brokerage. So even pursuing and completing does not put you in a position to go out and practice, which shouldn't be a conflict of interest. The term Realtor actually is adapted once you get your certified NRDS # from NAR which usually takes place simultaneously with the local associations and boards.

@Michael Duncan, Hawaii would be a tough place to start for obvious reasons. However, if you are considering property that can also be used or rented out as a vacation rental, you could go that route and determine how many weeks of "peak" season would you need to cover your expenses and start being profitable. I have worked with DoD and many of the individuals I know have in fact bought their properties where they were stationed and continued to rent them out as they went on eventually liquidating usually at retirement or held a few that became cash cows for them. I guess it truly depends on your budget, what you can get, and what the market commands in regards to rental returns and vacation rental. 

so for me...i got my realtor license and knew going into it I had to learn more than showing houses and jumping on a team. I took the approach of really studying and understanding the numbers and what they meant across the board. I also was not door knocking or phone call shy...I made 10s of thousands of calls, and knocked thousands of doors, prepared marketing and just got out in front of people. I also learned deeply how to manipulate and utilize CRM systems and social platforms almost to their fullest, including how to really take advantage and track google analytics. That helped me 10 fold stay on top of all the individuals and leads that I was coming across. To me...its never been about selling homes, its about business and how to optimize it by looking at and practicing principles from larger companies that have the ability to get out in front of people and stay in touch with them. Now that I am in the investor world, you see just how petty some realtor world things can be, especially from big name brokerages who practice and preach themselves over competency in my opinion. Just a few tips from my end! Hope it helps! 

@Dave Olverson we have explored that area as well, and work from charlotte up through the greensboro corridor. We have found and provided great TK homes in that region, along with establishing grounds in other states and metro areas. There is definitely inventory and money to be made here in NC, if you ever need to pick someones mind...just let me know! Happy Investing! 

Welome! BP is a great resource and I have connected with a ton of individuals and they have been an incredible resource!

alright so I am a huge CRM guy...I have implemented quite a few platforms, for different sizes and purposes...all real estate related. Honestly....for the price, I love contactually for a beginner. That is the platform I set up 9 times for new agents over the past 3 years. It is incredibly easy to get around in, understandable language, programmable drip campaigns and templated emails, and calls to action. App is now better, and will track your calls/text for you to contacts that are within the system.  It has a relatively easy to view and manage pipeline system and (shhh) can be manipulated for multiple users under 1 account if you have an admin or someone doing it constantly. (what I mean by that is drafting templated emails with different signatures and then programing their own campaigns) instead of purchasing a different license for them. My cons are...it bogs down with tasks related to certain programs, so you have to keep up with each and every contact you have attempted to touch (which isnt bad, but your dashboard can become consumed with it) and it does not blast emails to more than 300 people...which was also a big issue for me and newsletters, promotions etc. That being said, I like InfusionSoft and Salesforce as well...but Salesforce has a catch, in my eyes, to be completely useful it needs Pardot...which is minimum $1,000/month. Its basically a great contact and CRM system...without any marketing unless you add on Pardot. InfusionSoft does it all as well, but also carries a heftier price then contactually...

If you are for simplicity, tracking, and just keeping yourself in line...contactually is all you need imho. 

Man GIS is really like the top notch tool to use for this kind of information. Almost like the CAD of "design" softwares. It is above and beyond and incredibly in depth. I studied Geography and Urban Development in college mastering it back in 2008, unfortunately have not kept up with it since about 2010. It can and will do whatever you need it to do. I used it for all sorts of things from doing Duval County election maps, to neighborhood incomes and crime demographics, to charting the St. Johns river and determining where sealife and river life would be most endangered. It is truly incredible. I assume you know the bulk of the system, because I have never heard anyone in real estate know how to successfully use and manipulate the software. Great tool if you have it in your pocket. I could see it being used for heat maps on prices, for neighborhood demographics, owners vs. renters, zip code temperatures, new planned entertainment areas that may increase appreciation, cash flow averages for parts of cities.