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All Forum Posts by: Miguel Jauregui

Miguel Jauregui has started 3 posts and replied 37 times.

Post: Wholesaling, does anyone cold call?

Miguel JaureguiPosted
  • Flipper
  • Edgewater, NJ
  • Posts 39
  • Votes 18
What skip tracing sources do investors in this thread find most effective?

Post: Clever Investor Feedback

Miguel JaureguiPosted
  • Flipper
  • Edgewater, NJ
  • Posts 39
  • Votes 18
I bought the program. Willing to chat if you’d like. PM me if so.

Post: No results on my Probate Direct Mail campaign

Miguel JaureguiPosted
  • Flipper
  • Edgewater, NJ
  • Posts 39
  • Votes 18
I could tell you that I’ve also been told to not offer condolences in the letter because they don’t want/need to be reminded. They’re trying to move on with life so just get on with the conversation.

Post: First Deal is pair of rental properties... buy&hold or wholesale?

Miguel JaureguiPosted
  • Flipper
  • Edgewater, NJ
  • Posts 39
  • Votes 18
Depends on what price ie discount to retail you’re getting the deals at. There’s a threshold at which point you can’t wholesale but may still make it a decent deal to keep. Wholesale rule of thumb is about 70% off of retail ARV after factoring in any repairs/renovations and your desired wholesale fee.

Post: One caveat about 1031 exchanges

Miguel JaureguiPosted
  • Flipper
  • Edgewater, NJ
  • Posts 39
  • Votes 18
Good points. I will add that in my case, I always aim to have IO loans so I don't use my cash flow to minimally pay down the principle. I use my cash flow to improve the property which can increase my equity faster than paying principle down will.

Post: Direct mail Database Management Tools

Miguel JaureguiPosted
  • Flipper
  • Edgewater, NJ
  • Posts 39
  • Votes 18
Originally posted by @Michael Halow:

Awesome! So I will design and build this software and distribute it here for everyone to use. I'll just charge a small one-time fee to help cover what it cost me to get it built. That being said can I get a list of features you guys would want it to have? Please be as detailed as possible. @Joe Davalos @Adrien C. @Adrian Silva @Miguel Jauregui Tag anyone else you know with this problem so they can chime in on the features! Thanks Guys! 

 Sorry about the late reply. I think what I'd want is pretty basic. The date of the import, contact info for the owner (and the persona who inherited the property if probate), a mailing address if it's different, the name of the original list for quick referral, and some kind of a way to track which mailings said contact has been part of. 

Post: Any architects in Bayonne, NJ out there?

Miguel JaureguiPosted
  • Flipper
  • Edgewater, NJ
  • Posts 39
  • Votes 18

I'm looking to connect with a local architect to discuss a deal that I'm about to undertake renovations on in the Bayonne, NJ area. Any referrals would be greatly appreciated! Thank you!

Post: Direct mail Database Management Tools

Miguel JaureguiPosted
  • Flipper
  • Edgewater, NJ
  • Posts 39
  • Votes 18
Great question. I'm struggling with the same issues. Looking forward to hearing back some feedback!

Post: Skip Tracing Companies

Miguel JaureguiPosted
  • Flipper
  • Edgewater, NJ
  • Posts 39
  • Votes 18
Can someone tag Tony Battle? I've read of his services in another forum, but can't find him. Thank you.

Post: Just buy something for goodness sakes.

Miguel JaureguiPosted
  • Flipper
  • Edgewater, NJ
  • Posts 39
  • Votes 18
I've been almost literally had this going through my mind too. Thanks for the motivation! Good luck!