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All Forum Posts by: Jeff Mays

Jeff Mays has started 3 posts and replied 13 times.

Hey all, quick question...What is the best way to obtain water lists or code violations lists in most states? Do you have to look individually (takes too long) or can you find/purchase reliable lists in one place? Thanks!

Post: Days' Supply Data Source Question

Jeff MaysPosted
  • Posts 13
  • Votes 4

Hi all...When virtual wholesalers (like me) seek data to determine the viability of new markets, I often hear them refer to the inventory "days' supply" there, and/or the "average days to sale" metrics, or available number of listings currently vs. sold properties over a period of time. I know the meaning of the terms, but I'm having trouble finding out from where they obtain that information...knowing there may be a national source for each market, or on a state-by-state basis. I thought some knowledgeable members here might know where to find that type of data. Thank you!

Post: Bandit sign laws NJ

Jeff MaysPosted
  • Posts 13
  • Votes 4

Late to the discussion, but Lana, I've read where wholesalers write this or similar copy on some bandit signs to attract cash buyers and they do generate calls from cash investors..."3/2 LOCAL FIXER UPPER ONLY $55K!" with a separate tracking number on the sign so you know that you're talking to a buyer, not a seller from the outset, and know more of how effective is the campaign. Then, when they call you let them know that you just sold that particular address, and ask if he/she would like to be contacted on the next one you get similarly spec'd to the one on the sign. I'm not endorsing the practice, rather contributing toward your question. Much success!

Post: Just Went All-In On New Venture

Jeff MaysPosted
  • Posts 13
  • Votes 4

Lol...Spoken like a true sales manager! James, thank you so much for the input on the groups. Been doing a TON of research on that very subject this week...learning with whom I might be able to partner. And that's right...I am making connections that hopefully will lead toward participation at some level which looks like one of the more expeditious means of entry into this space. Being in north Jersey, with a second residence in South Florida, I'm looking toward partnering in those markets initially, provided I can be of value. A little tougher, I'm finding, since the people I'm communicating with so far are bigger players in these larger markets. I'll figure it out though...Really appreciate your offer, and I'll keep you posted!

Post: Just Went All-In On New Venture

Jeff MaysPosted
  • Posts 13
  • Votes 4

Wow...thank you. That's exactly the environment I'm used to...Always positive. I would definitely like to partner up. I'm from Chillicothe originally, even though I live in NJ now. Go Bucks!

Post: Just Went All-In On New Venture

Jeff MaysPosted
  • Posts 13
  • Votes 4

I'm from southern Ohio. By southwest Ohio, you mean Cincinnati or maybe Dayton, directly west of Columbus, which is in the middle of the state. Dayton is fertile, and Cincy, Columbus, or Cleveland as well up north. Where I'm from has never really recovered. If that helps. Lots of lower price options of $75k or less, which I can handle with cash for flips. But buy and hold is good there too, in those same price ranges...mitigates risk.

Post: Just Went All-In On New Venture

Jeff MaysPosted
  • Posts 13
  • Votes 4

My thoughts exactly...thank you. You read it well. Good at marketing, developing leads, negotiating and closing. Is it unreasonable in the fertile markets to W/S and/or flip and actively bring in $15k to $20k/mo after 90 says or so of ramp up?

Post: Just Went All-In On New Venture

Jeff MaysPosted
  • Posts 13
  • Votes 4

May be, if I planned on pursuing it passively. Guess we'll see...but I really wasn't asking for validation though.

Post: Just Went All-In On New Venture

Jeff MaysPosted
  • Posts 13
  • Votes 4

Not trying to replace all the income at the same time...or in a short time, for that matter. Can get by on less, but I imagine your W2 job has you at 40 or so hours/week and weekends off, so you have time to research, learn, study, practice, etc. Mine didn't and hasn't for like-ever...Six to seven days/week, 70 hours/week for years. No time to undertake anything else literally, and believe me, I tried. I've learned so much more just recently; in fact, those efforts are what led me to this community, and comments like the one you so encouragingly just left. So, do you think my family will be better off in 15 years by staying in that environment, or by taking a calculated risk and using my abilities to gain real wealth? 

Post: Just Went All-In On New Venture

Jeff MaysPosted
  • Posts 13
  • Votes 4

And what about the land purchase/logging opportunities, and the zoning approval/ (HBU?) flip you mention? 

but your looking at value add flipping .. new construction.. buy land get it up zoned and approved for HBU and flip

timber tracts that you can instantly log and resell we made millions doing this on OPM .. and it viable in the Carolinas etc.