All Forum Posts by: Alvin Grier

Thanks, I'll reach out to his company.

I have a friend that wants to lend on some deals, but he needs to rollover to an SDIRA that gives checkbook control.

Do you know of a provider that I can recommend?  

I've heard about iDirect Law/Guidant Financial, but I've read reviews that they are lacking in the customer service department.  

Do you know of a provider that you've personally had (or currently have) a good experience with?

I Google'd and couldn't find anything, so I thought I'd ask here.

I have a few questions regarding property auctions:

1. Do you have to pay a deposit or something in-order to attend a local in-person property property auction? 

...in other words, do you have to commit in some way to at least have some "intent" on buying something in order to attend such an event?

 ..or are all auctions done online nowadays?

2.   How do I find local in-person auctions?  I'd like to attend just to experience one, and to hopefully network.    It looks like the local tax auctions held by the local municipalities are all online now, from what I see.

Are there any list providers that sell leads where a person is in redemption period for a home they've lost to foreclosure?

Or if there aren't list sellers that provide this, might there be another way to go about gathering these kinds of leads manually myself?

 True.  And if this FOIA attempt fails with Wayne County, I might just have to start documenting deaths.  Maybe I'll just have to get over it.  

As you eluded to, helping people with these probate issues is a win-win for everyone.

Thanks a lot.  I'm going to give that young lady a call first thing in the morning.  Like you, I haven't had the best of experiences dealing with Wayne County, but I'll give this a shot.

 I just went to the FOIA.gov website, and it looks like FOIA requests can only be submitted to federal agencies, so I don't think a local county municipalities can receive them, unless I'm reading something wrong.

Filing a Freedom of Information Act request, huh?  I have no experience doing that, and it sounds a little overwhelming, but I'll look into it.

I went to the Probate Court in Detroit a few days ago to take a stab at grabbing my own probate leads for Wayne County, Michigan.

Unlike some of the adjacent counties, that have a book of all of the probate case filings, Wayne County doesn't.  Wayne County has a search engine that you have to enter either a case number or a last name to search with.

It seems like the only option to find leads on my own in Wayne County is to reference the newspaper each week and document the names of people that pass away, then search for them over a period of time on the county's computer system.

This option isn't very appealing to me, and feels downright morbid.

Is there any other way to find the names or case numbers of filings that I can use to search the system to obtain my own probate leads?

Is it waste of time trying to get strangers to attend a "private lender luncheon?"

BACKGROUND

For the last couple years, we've had one single private lender that we've partnered on rehab projects with.

But after reading and watching Alan Cowgill's material, we decided to host a luncheon, so that we can take on more projects.

After speaking with our Accountant, attorney, and speaking to the SEC, we purchased a mailing list of local Accredited Investors, and sent over 1000 of them very nice, professionally-done invitations to our luncheon.

We even hired a company to man a toll free line so that we could accept RSVP's 24 hours a day, 7 days a week.

The luncheon was held at a very expensive, 5-star hotel in our area.

THE PROBLEM

Only one attendee showed up.

We're thinking about giving it another try. But this time around we were considering sending two-to-three mailings to the list BEFORE sending an invitation to the luncheon.

This would hopefully build familiarity, credibility, and somewhat of a rapport with the members of the mailing list, to get more attendees to our next luncheon.

Aside from Alan Cowgill, I have yet to find someone that has had success with developing new lender partnerships with this method of inviting strangers to a meeting.

SUMMARY

So before we invested into hosting another luncheon, I wanted to run this by you guys.

Although I would think that our second approach might be more effective, I don't want to waste time and money trying to get strangers from a mailing list to a live event, if it's been proven to be an ineffective method.