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All Forum Posts by: Nick Mainella

Nick Mainella has started 8 posts and replied 27 times.

Post: New investor from MA!

Nick MainellaPosted
  • Residential Real Estate Agent
  • Somersworth, NH
  • Posts 27
  • Votes 7

Hey Terrence!

Welcome to the site! Such an amazing wealth of information and resources.

Good luck getting started!

Best,

Nick Mainella

Post: Best Marketing Strategies for HIGH response rate????

Nick MainellaPosted
  • Residential Real Estate Agent
  • Somersworth, NH
  • Posts 27
  • Votes 7

I get a small trickle of leads every week from craigslist.  But, direct mail, driving for dollars are my bread and butter.

Post: Newbie from Uxbridge, MA

Nick MainellaPosted
  • Residential Real Estate Agent
  • Somersworth, NH
  • Posts 27
  • Votes 7

Welcome @Richard Boucher!

Sounds like you have a solid foundation to work off of.  I'm up in NH but it's good to meet (semi) local people that are getting into investing!

Good luck!

Nick

Post: Call from Detective....

Nick MainellaPosted
  • Residential Real Estate Agent
  • Somersworth, NH
  • Posts 27
  • Votes 7

@Shannon R.  that's not a bad idea.

Thanks for all the replies.  I'm definitely not worried about continuing to market with the letters.  The response rate has been great!  It's just interesting that this happened to me so early in my wholesaling venture.

I am going to try some mailings with the professional letter and see how the results stack up against the yellow letter.

Onward with my marketing!

Post: Call from Detective....

Nick MainellaPosted
  • Residential Real Estate Agent
  • Somersworth, NH
  • Posts 27
  • Votes 7

I have to share an experience that I had today.  I'm wondering if this is something that has happened to others.  I'm fairly new to this, and definitely wasn't expecting a call from the police!

I got a voicemail last night from someone who had received one of my letters and wanted a call back.  I called back this morning and talked to a guy who didn't seem to want to give me any info on his property, but had a ton of questions about who I am and what I do.  I explained everything and that I'm looking for off market properties etc.

I then asked him if he had a property that he would like to sell and he said yes, he had a house that had been vacant for years that he wanted to get rid of.  I started dancing around in my office because I thought this would be a VERY motivated seller.

He said he would pull up all the info on the house and call me back.  

He called back about 10 minutes later and admitted that he was a detective from the local PD and that he had received a tip about one of my letters and that it was a possible scam.  He told me that after he had spoken to me, he understood that it was not a scam and that I was conducting business legitimately. He told me to have a good day and good luck on my business venture.

I also have a question for all of you about yellow vs. professional typed letter.  I have received calls from other leads that said they almost didn't call me back because of the hand written letter.  They though this might be a scam as well.

I haven't been putting my last name on the letters either.  I live in a small area and my day job makes me very visible to the community (music teacher and gigging musician) and because of this, while I know I'm not running a scam, I don't want people to think that I am in the business of scamming if someone I was familiar with ended up with one of my letters.  This may be a stupid reason, but it is a legitimate concern of mine.

I'm thinking about doing a round of mailings with a typed, professional letter explaining that I am an investor and trying to make it look as professional as possible.  

What do you all think?

Thanks!

Nick

Post: Negative Equity in Listsource Data?

Nick MainellaPosted
  • Residential Real Estate Agent
  • Somersworth, NH
  • Posts 27
  • Votes 7

When Listsource spits out data with a negative equity (-5000) does this mean the house is underwater or does it mean something else?

Thanks in advance!

Nick

Post: Probate

Nick MainellaPosted
  • Residential Real Estate Agent
  • Somersworth, NH
  • Posts 27
  • Votes 7

@Stephen Barton  Thanks very much for the advice!

Post: Probate.....

Nick MainellaPosted
  • Residential Real Estate Agent
  • Somersworth, NH
  • Posts 27
  • Votes 7
Thanks for the replies. Will have to do some more digging to figure out who these folks are.

Post: Probate.....

Nick MainellaPosted
  • Residential Real Estate Agent
  • Somersworth, NH
  • Posts 27
  • Votes 7

Hey all I posted this in the marketing forum as well:

I had a question for all of you.

I have found a PDF list online that states the following:

  1. LEGAL PROBATE NOTICE
  2. THE STATE OF NEW HAMPSHIRE
  3. 10th Circuit - Probate Division - Brentwood 10/25/2014 thru 11/07/2014
  4. APPOINTMENT OF FIDUCIARIES
  5. Notice is hereby given that the following fiduciaries have been duly appointed by the Judge of Probate for Rockingham County.
  6. All persons having claims against these decedents are requested to exhibit them for adjustment and all indebted to make payment.

It is then followed by names and addresses of, what I assume are fiduciaries of these estates.

Should I just mail to the list of names or am I misunderstanding what this list is?

Thanks in advance!

Nick

Post: Probate

Nick MainellaPosted
  • Residential Real Estate Agent
  • Somersworth, NH
  • Posts 27
  • Votes 7

I had a question for all of you.

I have found a PDF list online that states the following:

  1. LEGAL PROBATE NOTICE
  2. THE STATE OF NEW HAMPSHIRE
  3. 10th Circuit - Probate Division - Brentwood 10/25/2014 thru 11/07/2014
  4. APPOINTMENT OF FIDUCIARIES
  5. Notice is hereby given that the following fiduciaries have been duly appointed by the Judge of Probate for Rockingham County.
  6. All persons having claims against these decedents are requested to exhibit them for
  7. adjustment and all indebted to make payment.

It is then followed by names and addresses of, what I assume are fiduciaries of these estates.

Should I just mail to the list of names or am I misunderstanding what this list is?

Thanks in advance!

Nick