All Forum Posts by: Jerred Morris

You could take the 1,497 and do a direct mail campaign that would probably net you 1-2 deals.

I've never understood why people invest in these things.  

@Jonathan Avila You need to have a very tight keyword list or you will be spending a ton of money on words and phrases that don't convert.

I'd do a ton of research first and then start off with a handful of keywords to test on.  Once you start gaining traction I'd add more keywords and change your filters.  Start off with exact match and move phrase and then broad (use negative keywords with broad).

@Kevin Hockaday Just search BP and you'll find a wealth of information. Most start out with direct mail and network at local REIA meetings to find buyers.

If you have a great deal, the buyers are easy to find.  

@Don Crandell Why don't you do both.  Work a small mail campaign and get your feet wet.  Setup a google voice number and you can answer the calls while you're working.  You can always send them to voice mail and call them back during lunch.

If you don't want to field a lot of calls then postcards is a better way to go.  Less callers and more motivated to sell.

You can then sell your leads to the wholesalers that you're buying homes from.  You might be able to trade or better yet make enough money wholesaling that it covers your down payment for an investment home.

If you don't have time to take calls then I don't know where you're going to find the time to rehab a home/flip a home.

Studiopress has great templates.  I use them for all of my sites.

studiopress.com

Ve'Ron - I thought I would give you some tips on the website and I think it's great that you're already getting leads.

Website tips

1 - Social icons at the bottom should point to the social page.  Your links are incorrect.

2 - Your content is a little thin on your sell your house fast page.  Google likes to see 500+ words.  Put some more content on the page even if it's below the fold

3 - Your slugs could be better.  Example www.yoursite.com/sell-house is weak.  It should be www.yoursite.com/sell-my-atlanta-house-fast (see how I added the GEO location and your keyword)  This will help the page rank better.

4 - Leverage your FAQ page for low volume, long tail keywords.  For example we buy decatur houses.  Make this a question on your FAQ.  Then point a link to an internal page that ranks for we buy decatur houses.  You can do this for all of the smaller cities in Atlanta.  These are very easy to rank for.

5 - From my experience sellers don't like to see a buyer/investor page.

Hope this helps

J

@Quinten Jones Direct mail, bandit signs, and a website that generates leads.

Make sure you follow the local rules when it comes to bandit signs but they do work.  

I love direct mail.  Yellow letters or postcards.

Websites are great and help you build equity over the long run.

Now the only thing you need to do is take action.  This is where most if not all fail.

@Jason K. What is the rate on the loan?  Over how many years will it be amortized?

Have you factored in expenses?  How much cash is needed for the down payment and how much to rehab?

I would take each unit and run your numbers.  Look at them individually and then look at the deal as a whole.

Where is it located?  Can you do "tiny houses" on the empty lot?  Might be a better play then the mobile home.  You could make it look modern or trendy and do multiple "tiny houses".

@Andrew Carter You need to check the lease and see what it states. 

I've wholesaled properties with tenants and it wasn't an issue. Just make sure you get the prorated rent on the HUD. Lots of investors over look this.

There are plenty of buyers out there for empty lots but determining value is more complicated.  Reach out to Seth @ retipster.com.  You can find him on BP as well.  He should be able to give you some tips.

@David Gillilan Every investor is looking for deals.  If I were you, I would generate seller leads and trade the deal for mentoring.  You'll be able to work through an assignment, flip, or buy and hold in real time.  After a couple of deals you'll have the knowledge to go out on your own.

The best advice I can give you is to get started, take action.