All Forum Posts by: Joshua S.

Congratulations! Hopefully someone with more experience will chime in, but I think you can get him to sign your contract through a service like Docusign or Ecosign. Once you get it back, get that baby to your local title company (hopefully you've already talked to one about what you're doing). They'll do a title check and once they give it the OK, you can blast it out to your buyers list. It might be a good idea to first have a contractor come through and give you a free estimate on repairs, and then you can submit that estimate to your investor. Good luck!

So I dropped my first batch of yellow letters in the mail yesterday, and just now got 2 calls, almost back to back. The first was clearly not motivated. But the second caller said that she's not interested in selling outright, but is looking to do a 1031 exchange...?

I tried my best not to sound like I had no idea what that was. I told her that it's probably not something that I'd be interested in, but I'd check with my partners to see if they could work with her.

Some quick googling has led me to believe that it involves trading one property for another and not having to pay taxes... so I'm assuming this is a dead end. But as a wholesaler, is there any kind of creative way to structure a deal here? And what sorts for reasons might a person be interesting in trading their property as opposed to selling?

The site looks good, I'm jealous, I want one of those.. lol

One little typo I noticed, "I love helping people and I and"

Also I just got the email notification that you updated this thread within seconds of hanging up with my own first caller. He wasn't motivated at all, just a nice older gentleman who has good tenants in his rental; we had some fun banter back and forth, he was jokingly asking for 100k above market value. I dropped my first batch in the mail yesterday so hopefully I'll get some more calls tomorrow.

Welcome, Mehul Patel!

I had to pause for a few moments and figure out why I recognize your name... Are you the same Mehul Patel who created Earth 2025 and Utopia?

Just got done listening to that episode, and I have to say, it drove me NUTS!

"I'm sure the house is sold already, right?"

"Surely the house isn't vacant is it?"

"I'm sure you must have good tenants in there?"

"The house can't be costing you any money, right?"

"How do you feel about this?"
--"That sounds good."
"What?"
--"That sounds good."
"What does that mean?"
--"Um, I'd be interested in getting more information"
"And then"
--"Yeah, I'd like to do that."
"I'm sorry, I couldn't hear you, my hearing aid fell out."
--"Yeah, I'd like to do that, yes"
"Oh, okay, great."

I was actually *annoyed* just by listening to this role play. As someone who's been in sales for quite a while, I am acutely aware of the techniques of using presumptive questions, and making the client repeat themselves. It's just so manipulative and slimy. Early in my sales career I tried these techniques for about a week before giving up. It always seemed to agitate my clients, and sometimes I got the impression that they felt like their intelligence was being insulted. And I feel the same way when others try it on me. But hey, your mileage may vary.

No kidding... I didn't know there was a subreddit for that! Homebrewtalk.com is pretty cool too :)

What kind of stuff do you brew?

Bumping because I'd also like some ideas. Surely someone's designed some kind of software program for this?

Thanks for the link Steve, lots of good tools in there!

And it seems that I was a bit too hasty to start this thread... I just noticed that you can enter a city into the search bar on the right, and then it gives you breakdowns of each neighborhood within that city. Very useful!

I've been thinking that some real estate heat maps for things like home values would be really useful. My google searching led me to this Trulia map-

http://www.trulia.com/home_prices/

They have the right idea, but it's not detailed enough. It stops at the county level. Does anyone know of something like this that goes further down to the level of individual homes?

And semi-related, does anyone know of any kind of software program that lets you copy/paste or import a list of addresses (like from a spreadsheet) and then shows them as points on a map? I would like to obtain a list of cash transactions in my area and see them all mapped.

Redditor checking in. I waste an obscene amount of time there. Why does it have to be so damn entertaining?!

BP has very recently become my #1 most visited site though. I consider my time spent here to be well invested, not wasted.