All Forum Posts by: Joshua Wieser

Hey ryan i could give you a crash course if you would like.  Im not a guru nor a mentorship provider but im looling for someone with some hussel muscle.  I can try to teach you to learn from my mistakes.  Maybe enen give u some pointers.  Feel free to reach out

@Sam Johnson. Hit me up. I wholesale in both la crosse and Rochester. I'm looking for help. I can teach you from my mistakes. I'm not looking to "guru" but an honest person who is looking to learn and if you can help I'm willing to help put in anyway I can

If he is an investor, there maybe more wiggle room than what you think.  most investors that I run into are willing to help out new investors.  I am in the la crosse market and you would have to be a little bit more creative to get that to cash flow.  Feel free to reach out.

Brandon. Congratulations you have taken the hardest step in this process. Which is starting. Awesome! I work am in the la crosse area I would love you to give you some advice if you would be interested in it. "motivated sellers" is a something that is a interesting thing/ niche to qualify. Using a data service isn't necessarily the way to find a motivated seller. people are motivated by many factors. If you are looking to "BRRRR" for a small multifamily it is something that is unlikely to pop up on a data service. Not saying that it is impossible just not very likely.

You can use keyword searches. check out of state property owners, code violations something that you can get from local governments, tax liens, pre foreclosure, variable rate loans when the interest rates are rising, properties that are interfamily transfers, water shut off list. properties that are owned for multiple years, owners that own multiple properties. Failed MLS listings these are things that I am finding some success with. These keywords are not the end all be all.

I personally use prop stream for my data service, however I am not the happiest with them in the la crosse market their data doesn't seem to update enough.  
   

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@Brandon Lee I am new aswell but I can give you the tips I have picked up so far. What area of Wisconsin?

@David Taylor I would love to take a look if I can. Let me know what you need from me

I use DealMachine it has a subscription cost.  It allows you to skiptrace in the app.  Also you could try propstream it has a free trial of 5 or 7 days it gives you ton of information and allows you to skiptrace finding address and phone numbers of property owners.  I drive for dollars aprox 6 hours a week so that is why I use the apps. 

When driving for dollars (D4D) I use mostly used DealMachine App to track my route. It allows me to track properties. Once I track the properties I input the addresses into PropStream* propstream has a drive feature that does about the same as dealmachine I just think dealmachine is a bit more user friendly* and then I will use their comping tool to find similar properties with .5 miles of the target property. it allows one to create parameters that you can use to match your target property. from there I will use 10 properties and compare the price and evaluate the PPSQFT( Price per square foot) then I will find the after repair value (ARV) or atleast the average. from there I use my formula to find what matches what I am looking for. basically Propstream gives access to the MLS and public record of property sales and any public records such as pre foreclosure or divorce ect

I am new to the real estate investing. I have been currently driving for dollars around the La Crosse WI area and I am struggling with correct analysis of potential rental properties. I am interested with utilizing the BRRRR method. I am currently using Propstream to help with pulling comps; however, when using that tool I am not getting any accepted offers. I currently evaluate 10 deals per day and my evaluations seem to be inaccurate. Where or what should I be doing to correct this problem?