All Forum Posts by: Kevin Scott

@Account Closed How many leads are you wanting to add to your lists? What are your intentions on marketing to these lists?

@Kellen Canfield it might be that vertical is in right now in that area.  It happens, I see vertical all the time now.  It is definitely something that needs to be on paper these days with all the hgtv shows changing what's normal.

It looks pretty good and will probably look even better once grouted.  If you don't like it change it now before they grout.  

Nicely saying I thought it would be horizontal is probably a good approach like mentioned above, then how hard is it to change it.  I think if you want it changed just pay to get it changed.  They'll have the cost to demo back out too and re prepping the thin set isn't going to be fun so it's not going to be a simple fix.  Maybe he'll offer to eat the markup or something.  

I remember having a brick fireplace painted and they painted it bright red, very odd looking, our normal spec was grey but we didn't do a full scope as it was just a minor rehab, paint and carpet. 

Our fault totally and we paid to have it fixed even though no one would have ever used that color (I know that's a cheap mistake in comparison).  Ive had the opposite happen where we had subway tile installed and the designer verbally asked for it vertical.  It got installed horizontal even though the designer was annoyed I asked her if she wrote it into the spec and it wasn't so I didn't even say anything to the contractor.  They probably would have changed it for me free, but I was enforcing some systems to prevent this stuff in the future and it helped everyone understand the importance of a written scope and spec. without upsetting anyone too bad.

@Tyson Wade 0 dollars is tough but definitely can be done through partnering of some form.  Going to take some effort to get that first deal though for sure but sounds like your ok with that. 

@Nelly R. are you only looking to buy and hold?  Do you have a budget to do some off market marketing? If you don't want to say it here you could pm me I get it.

I agree with @Cody L., it can be a pain for a buyers agent to work with investors.  Better if you plan on flipping but buy and hold the incentive isn't there.  Some are great don't get me wrong but its easier just to find them yourself and go direct to the selling agent.  

If you want to stick with your agent that's fine just have them send you their auto generated list with your criteria and try to only use them when your are for sure putting in an offer.  Go see the place before going in save them the hassle.

@Scott Graham  We use to use mojo it is a really good product. That being said I like that you went a different route.  If anyone has the budget I'd stay away from cold calling.   It's great for budget restricted startups and we definitely got deals from it but direct mail or other marketing is easier to scale.  (cold calling is scalable but deal with the upset people is a headache, way worse than the upset people that get post cards)

As @Jay Hinrichs mentioned people hate it even more than getting a postcard.  Our only bad reviews have come from upset people that we called and once the reviews hit facebook try to get rid of them. (especially when you don't ask for good reviews there is no buffer)  

@Jim S.  Mojo allows to scrub against the dnc so that part can be easily managed.  There is but you are correct there is still some gray area though using auto dialers whether its robo dialing, ringless voicemail, auto texting or even cold calling with auto dialers.  It's definitely something people should look into before doing any of these things.  They are getting pushed in many of the guru courses and I'm not saying people shouldn't ever use them but just know that there has been some fines handed out and I believe they can be up to 500 per offense.  Think of a person that autodials 10k people that potentially could be devastating if fined for each call, text, rvm or whatever.    

One lawyer might say its fine and one might say stay away from anything automated.  I think auto calling from a product like mojo might be ok especially if only using single line but it's definitely worth looking into further.  People using text, rvm and robocalls should really at least check into it.  Especially if they are blasting people for first contact.

Hey @Sean Grabow I pm'd you. Had a couple questions that probably didn't need to be on the public side (maybe bp wouldn't have cared)

@Kenya Lacey I found it to be good and comparable to any.  There was only one mailing I did that was low quality as far as matching the owners and their addresses but it might have just been that area and the data could have been off or right near its end of life. Happens with all data providers.  The addresses get verified before mailing anyways so it didn't matter. We send a ton so thats not a bad percentage.   I have other sources Im using now but they worked just fine.  I sent a pm if you want a little more info let me know.

@Skyler Mckinney  Keep us posted as to how it works out. I wouldn't mind hearing a review from someone that has actually used dhm.

@Nghi Le ill pm you.  I think a wholesaler I have bought from actually was talking about you first then I heard your name at a reaps meeting.  I don't go to very many myself anymore but should. 

@Skyler Mckinney  Looks like your doing a lot of things.  Whats your budget?  Knowing that would definitely help.  Id probably focus on one form of marketing if its a smaller budget.  If you don't want to say in the forum I understand, pm me.

@Karen F. @Philip Williams  I agree 100%.  Accounting for his time is necessary.  

If you don't do things this way, (money side makes its money, contractor makes their money) then you have become the rookie investor.  

The one that says "I'm going to use my own money so I can pay more for the house, or the handyman that says I'm going to do the work myself so I can pay more for the house.

Not valuing time is the same as not valuing money.  You can use your own money and your own labor but both should be accounted for and both should make a return or profit.

I believe most the people on here especially the seasoned posters are having issues with how the agreements were made (as it's not real clear) and whether it was supposed to be done for cost or a fixed price.  

Equity in equity out he should get all overhead and a reasonable profit.  Doing the work is bringing in equity. But there definitely should have been more clarity with everyone especially since it sounds like the 2 upset investors aren't normal investors.  But I think we're just guessing on some details.