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All Forum Posts by: Justin Howe

Justin Howe has started 11 posts and replied 255 times.

Post: Analysis of 6 plex - Please help

Justin HowePosted
  • Investor
  • Chandler, AZ
  • Posts 303
  • Votes 101

@Bryan H.

 Thank you!

Post: Analysis of 6 plex - Please help

Justin HowePosted
  • Investor
  • Chandler, AZ
  • Posts 303
  • Votes 101

@Bryan H.

 Would you mind sharing your spreadsheet? I can't help much on the analysis part but I was impressed with your sheet and would like to use it in the future!

Post: Has Anyone Found Wholesale Deals Using Craigslist?

Justin HowePosted
  • Investor
  • Chandler, AZ
  • Posts 303
  • Votes 101

@Royce Billiot

 Check out www.ifttt.com I got my first wholesale off CL using IFTTT. Good luck!

Post: Two offers accepted today!

Justin HowePosted
  • Investor
  • Chandler, AZ
  • Posts 303
  • Votes 101

Congrats man! Keep up the hard work guys

Right on! Great job being persistant and trying new avenues when one isn't working. Have you used IFTTT before? I use it to forward leads from craigslist directly to my email. Check it out at www.ifttt.com it's super easy to set up and it's how I found my first deal, through craigslist! Keep up the great work and congrats on getting rental #10! @John Thedford

Post: My Direct Mail Campaign Results Have Been Atrocious

Justin HowePosted
  • Investor
  • Chandler, AZ
  • Posts 303
  • Votes 101

@Brandon Foken

 What kind of marketing do you do now?

Post: Need advice on a Unique Situation

Justin HowePosted
  • Investor
  • Chandler, AZ
  • Posts 303
  • Votes 101

@Aaron Hall

 Thanks for the response. Both of them are on the deed so yes, he will need to sign off in order to refinance in just her name.

Post: Need advice on a Unique Situation

Justin HowePosted
  • Investor
  • Chandler, AZ
  • Posts 303
  • Votes 101

I'm looking for different solutions on how to handle this unique situation.

A friend of mine purchased a house with her husband back in 2009. They have divorced since then but when they got divorced, they didn't spell out who would assume ownership of the property post divorce. So currently, both of them still own the house. My friend has been trying to get her ex husband to refinance in his name but he says he doesn't make enough money to qualify. So she's been trying to refinance in her name but he isn't returning her calls, texts, or emails. Without his consent, she cannot refinance into a new mortgage.

She believes the reason he is not responding is because he's currently living there. So if she refinanced and sold the property, he would have to move - which would make his current living situation more hectic.

I told her she needs to think about addressing his needs first, rather than hers.

So I suggested that she offer him to stay at the property for 2 months MORTGAGE FREE, if he lets her refinance into her name. It's a win-win for both parties involved. He gets to stay where he's happily living and she gets to refinance the note and control the property 100%.

I also suggested that she can offer to pay the mortgage for "X" amount of months, if he refinances the mortgage into his name. (contigent upon him getting approved).

- She is open to keeping the property as a rental or selling it

- There's about 30k in equity

What do you guys think? All helpful and creative ideas are greatly appreciated.

Post: Direct Mail Campaign Help

Justin HowePosted
  • Investor
  • Chandler, AZ
  • Posts 303
  • Votes 101

@Kyle Tweed

You should reach out to @Jerry Puckett and/or @Michael Quarles to discuss your direct mail needs. Marketing is all about testing and consistent touches. Meaning the first month you mail letters and then the next month you mail postcards. You can alter your message each time a little bit to test what message is most effective. But in general, your message should be directed to solve the seller's issue. Whether it's a problem tenant, financial crisis, job relocation, ect your job is to solve the seller's problem and your marketing needs show the seller that you can solve their issue.

Post: Closed on 2 Properties Today

Justin HowePosted
  • Investor
  • Chandler, AZ
  • Posts 303
  • Votes 101

Congrats! Can you share the numbers?