All Forum Posts by: Jeff Warner

Terry,

That home is MUCH nicer then the one I'm selling right now...the only thing I have going for me is that your deal is in FL and mine is here in OR! Haha... no but seriously, that thing should sell fast.

Fortunately for me, most Mobile home investors/dealers are overpricing their homes and not offering easy financing.

GREAT negotiating on that deal too, I'm going to use that on the next one I buy.

Jeff

I've had 12 or 13 calls, one showing and several people drove by to "take a look". I've had a few people say they had cash but I have not seen any yet.

I'm waiting to hear from a lady later today that has cash and was already approved by the park...the downside here is that she was approved for the home I now own but I got their first. This is the lady my seller tried to go around me to sell to for $2000.00, I got the deal for $1500.00. If she has cash in hand today I may sell to her for $2500.00 and go buy this '89 mobile for $1500.00. We'll see what happens.

All in all, I think a lot of these people are tire kickers.

Jeff

I hear you Terry. I may work out a cash deal with a lady on the home I have now so I don't have to pay space rent for March. I'll still make $ and buy a better deal that I just found without dipping into my own funds....if it comes down to it I'll buy the other one also and list both of them but I feel it's always better to use profit from one deal to pay for the next one.

Good luck on your deal Terry.

Jeff

Nick,

Because your business runs so efficient, you'll be able to jump right in and create as many notes as you want. The cool thing is with such low prices you can buy and sell FAST.

The call volume is high but the amount of potential buyers is HUGE, where as with my Wholesale gig, it is hit and miss with lots of valuable time wasted every day.

One thing is for sure, these deals are addicting and I can't wait for more.

Jeff

Hey Terry,

I actually almost lost this deal, the seller tried to sell it behind my back and I called her on it. Her add was still up, listing the home for sale along with my add. I had to remind her that I have been honest and upfront, on top of the fact that she signed a contract.

I finalized the deal with her and got the title transferred into my name last Thursday. I re-listed the home and have received a flood of calls. Just need the park to approve one of them.

On another note, I bought Deals On Wheels from the BP Store and I gotta join the crowd and recommend anyone interested in Mobiles buy that book.

Click the link below and order your copy if you don't have it:

[/url]http://store.biggerpockets.com/books/mobilehomes/dealsonwheels.html[url]

There's a plug for Josh :wink:

Jeff

So because it works it's not unethical? Interesting.

Jeff

I deleted the rest of your post because comparing your tactics to other companies using characters is like comparing a Mack truck to a VW Bug.

If you think lying to get your phone to ring is not unethical, I don't know what is.

Jeff

That's nice, another guy recommending that people lie to get their phone to ring. I gotta say that this is the first time I have seen the mother of my Lord and Savior Jesus Christ used to get the phone to ring.

Another issue is your letter. First off, it's NOT personal, in fact it's very generic and looks like what it is...a gimmick. What part of "My family and I are looking to buy a house in your area" does not sound generic? Also, when you are claiming to be looking for a home for your family and turn out to be a real estate investor, your credibility in most peoples eyes is gone.

Regardless of your religious beliefs, at what point does this not sound completely ridiculous and unethical? I know I'm not the only one on this forum that feels that way, it would be nice to hear others chime in.

Jeff

Caleb,

Even if you found paper with the same weight and color of the legal pad your printed lines are going to look fake.

High volume marketing is great if you pick the right method for it...doing any kind of printing on your home PC for 500+ letters a week is insane, imo. I use this method for low volume, targeted areas and I get a great response.

How are the envelopes addressed? With a "hand written" letter, your envelope is going to have to match which means you need a printer that will feed envelopes (most do it one at a time) or you'll have to actually hand write on them. Labels are a dead giveaway for a mass mailing and defeat the purpose of using the yellow paper in the first place. If your mailing 75 - 100 letters at a time you know that addressing the envelopes is a major time consuming pain in the butt.

If cost is your concern then your problem is with your suppler, NOT the product. There are 100's of Wholesale office supply places nationwide that could probably cut your costs in half if your buying that much. Most companies don't make ANYTHING these days, they are really just marketing companies selling someone else's product with their name on it. FIND THEIR SUPPLIER!

An even easier thing to do if you want to really cut costs would be to buy your paper from a paper maker in China. Doing business overseas is not as complex as people want you to think. Don't let simple things get in your way, if you really want to pursue it there IS a way, you just need to think like and Entrepreneur and find the solution that best meets your goals.

Jeff