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All Forum Posts by: Johnathan B.

Johnathan B. has started 2 posts and replied 5 times.

Post: Has anyone tried slydial on vacant properties?

Johnathan B.Posted
  • Puyallup, WA
  • Posts 5
  • Votes 0
Originally posted by @Bernie Neyer:

Let's see if we understand this . . . you are wanting a robo call a bunch of people to convince them to sell you their property?

They do this during elections don't they? Have you ever listened to a whole robo call? How does it work for getting your vote?

 They don't see the incoming call, but it sends them a voicemail that makes them think they missed a call. Not a robocall. It's not perceived any differently than if someone tried calling them and had to leave a message. 

You could've just said you haven't used slydial. Or nothing at all. 

I'm asking to hear from people who HAVE used it.  

Post: Has anyone tried slydial on vacant properties?

Johnathan B.Posted
  • Puyallup, WA
  • Posts 5
  • Votes 0

No. It sends them an actual voicemail as if I called them and left a message, and because of the wording it sounds unique and personal. To them its a missed call from a serious investor who looked at their property. 

Post: Has anyone tried slydial on vacant properties?

Johnathan B.Posted
  • Puyallup, WA
  • Posts 5
  • Votes 0

I have a list of about 3,600 vacant homes within 14 miles of my zip code and phone numbers for a little over half of them. I am considering using slydial broadcast to send a pre-recorded voicemail to these numbers saying "Hey my name is Johnathan I live nearby in (city). I was driving by your house and noticed it might be vacant. I just wanted to get in touch and see if you'd be interested in selling it to me. I'd like to pay all-cash for it. Please call me back" and blast that out to a ton of numbers automatically. I figure it is more efficient to do it this way than driving around to find a fraction of the number of vacant homes in my area and then send a mailer out that will just get thrown away. Does anyone have experience with this?

Post: New to wholesaling. Let me know how I can improve

Johnathan B.Posted
  • Puyallup, WA
  • Posts 5
  • Votes 0

I appreciate the compliment @Aaron K. I just started my research into real estate a total of....8 days ago. 

My theory: A high market in an already expensive area such as the Puget Sound in Washington State means the ROI of repairs is abnormally high, making it worth it now more than ever to seek out the worst condition properties. I think there are some giant deals waiting within only 5 miles of my home considering my county website looks to have hundreds of code violation properties with "unsafe/unlivable" descriptions nearby. A simple search on the tax assessors site gives me names and I think I'll just message them on social media. Everyone checks their DM's.

Where do you suggest I look for my first deal? People say "drive for dollars" but city and county code enforcement has pretty much all of the crappy homes listed for me online throughout the area... In your experience, statistically, who have been the most desperate sellers that take the least amount of money relative to what their property is worth? Perhaps just knocking on pre-foreclosure homes and offering to give them cash? Would that get me a better deal than going to auction? 

Thanks for the advice. I'll make sure to listen to my buyers to see what they want. 

Post: New to wholesaling. Let me know how I can improve

Johnathan B.Posted
  • Puyallup, WA
  • Posts 5
  • Votes 0

I am in Washington State. I am going to start wholesaling homes. This is my strategy. Please let me know if you have tried anything and if you have any suggestions. 

To find cash buyers:

Ask title company for a list of properties sold without a mortgage lien and contact to find if they are investors

Attend investor group meetings in my area

Contact "for rent" ads on craigslist

Ask everyone if they know someone investing in real estate

To find motivated sellers:

Search county and city code violations and condemned properties. Reach out to the owners and see if they need to sell. 

Ask title company for a list of high-equity, absentee-owner properties, preferably older homes.

Contact pre-foreclosure homeowners either from Zillow or other sources

Try to find homeowners with 2+ years of delinquent taxes before it goes to auction.  

 From there, I would filter down to the most motivated people who would take a very low price, perform a title search to check for liens and title issues, get a contractor to give a more accurate estimate for repairs and use that to refine my calculations, get the contract and necessary forms signed to secure the property and then finally market it to my buyers.