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All Forum Posts by: Or Basan

Or Basan has started 26 posts and replied 51 times.

Post: Do i need a lawer or a title company as a WS?

Or BasanPosted
  • Flipper/Rehabber
  • Sacramento, CA
  • Posts 53
  • Votes 10

thanks Michael . also, how long dose its suppose to take from the moment the buyer take over the contract until the time the WS get paid ? 

Post: Do i need a lawer or a title company as a WS?

Or BasanPosted
  • Flipper/Rehabber
  • Sacramento, CA
  • Posts 53
  • Votes 10

dose whole seller need to work with title company or lawyers? 

 is your name involve in a title company ?

Post: Why do i need to look for Homeonwers with equity

Or BasanPosted
  • Flipper/Rehabber
  • Sacramento, CA
  • Posts 53
  • Votes 10

I know that's a very simple newbie question , 

buy I cant actually understand the details behind homeowners with

equity.

why is it matter ? and they also need to have

equity if I buy there property when they are in a Pre F process ?

Post: Would you renew a lease on a disrespectful tenant?

Or BasanPosted
  • Flipper/Rehabber
  • Sacramento, CA
  • Posts 53
  • Votes 10

@Sarah Pursell

Hey Sarah,I think that’s a great post because your specific question actually represent much more for business owners point of view.

to your ,question in general ,it’s pretty simple.

overall,

if you think firing her will do more good than bad let her go.

otherwise,let her stay.

Sarah,my advice for you is approach anything related to your business like a business.

try to let your emotions stay out and take it from “she insulted me” which is personal ,

to “shes a difficult customer”.

Also I’m a believer that there is a way to communicate with anyone and navigate them to our ways of thinking.

by what she did for a living and the way shes talking to you sounds like she’s really seeking for power and fill important,she wants to fill in charge .

Than let her fill like she’s being in charge .

that might will fill her up with good vibes overtime .

don’t forget that your the owner of the business and she’s a customer in your business.

you choose what happen.

Post: Hunting for Cold calling expirence

Or BasanPosted
  • Flipper/Rehabber
  • Sacramento, CA
  • Posts 53
  • Votes 10

hello BP. this post should be help so many others .

After doing the math, it seems like the ROI cold calling using VA's is much Higher than the ROI using DM.

therefor, I'm considering to use VA's to do the cold calling for my busniess .

it seem like not a lot of information regarding this topic can be found on BP.

I mean, there some info, but its a mess and I cant really get the idea of how the whole picture should looks like.

if there is any hero's out there with experience,good or bad, with managing VA's doing cold calling and willing to share please take your time and add value to BP and to me .

topic I have on my mind

- scripts to train the VA

-how much do you pay VA and how your choosing them

-what lists you like to give them

-pros and cons

and every piece of information you have on your mind will be amazing.

I'm trying to get the whole picture

btw - that what I was thinking .

3 VA

TIME - 3:30 - 6:30 PM ( 3 hr a day, best time to reach people)

108 people on the phone a day (12 people an hour per 1 VA)

monthly - speak to 3240 people a month

total monthly hours - 90 hours (30 days 3 hr a day)

total cost - (90 hours X 3.5$)x 3 VA's = 945$ a month .

that's should bring me one sell.

best regards to the hero's , and to bps members

Post: Hunting for people with experience Cold Calling with VA

Or BasanPosted
  • Flipper/Rehabber
  • Sacramento, CA
  • Posts 53
  • Votes 10

hello BP. this post should be help so many others .

After doing the math, it seems like the ROI cold calling using VA's is much Higher than the ROI using DM.

therefor, I'm considering to use VA's to do the cold calling for my busniess .

it seem like not a lot of information regarding this topic can be found on BP.

I mean, there some info, but its a mess and I cant really get the idea of how the whole picture should looks like.

if there is any hero's out there with experience,good or bad, with managing VA's doing cold calling and willing to share please take your time and add value to BP and to me .

topic I have on my mind 

- scripts to train the VA

-how much do you pay VA and how your choosing them

-what lists you like to give them 

-pros and cons 

and every piece of information you have on your mind will be amazing.

I'm trying to get the whole picture 

btw - that what I was thinking .

3 VA

TIME - 3:30 - 6:30 PM ( 3 hr a day, best time to reach people)

108 people on the phone a day (12 people an hour per 1 VA)

monthly - speak to 3240 people a month 

total monthly hours - 90 hours (30 days 3 hr a day)

total cost - (90 hours X 3.5$)x 3 VA's = 945$ a month .

that's should bring me one sell. 

best regards to the hero's , and to bps members

Post: Automatic Text message

Or BasanPosted
  • Flipper/Rehabber
  • Sacramento, CA
  • Posts 53
  • Votes 10
Thanks Michael . What crm are you recommend 

Originally posted by @Michael Quarles:
Originally posted by @Or Basan:
Originally posted by @Kevin Scott:

Be careful with that,  it's getting promoted a lot but auto text messages should be checked for legality.  500 fine per text per person from what I understand.  That being said it could be fine just check into it.  I built an auto text and rvm system for myself and others I help then scrapped it when I found out their "might"  be issues.  If it was just myself I wouldn't have been too concerned as reply messages are more likely to be ok but auto blasting should definitely be looked into deeper.

Texting is great. However it isnt to be used as a spam device. There are easy ways to use text legally. The receiver must opt-in to a Keyword or give you expressed permission to send them texts. Which is why short codes are so popular. And very successful. 

Exceptions are confirmation of appointment, reminders of an appointment, if you are a non-profit, a politician using it for campaigning, a school for emergency notices or the government for emergency notices. 

RVMs are in a grey area as theoretically one cant answer the call and it drops straight to the voicemail however that isnt true 100% of the time. All an RVM is is two calls going out together one hit the ringer and the other hits voicemail, once the voicemail is identified the first call drops off. 

The reality RVMs in my opinion is an annoying way to market... Every marketing technique works however the "Do unto others" quote applies. 

Heck with my call platform I can send someone a text message every second for days from a different number each time so they cant block me and lock up a person cellphone who sent me an unwanted text. 

The key to all this is management of data. With the enormous amount of it coming at us we need a way to filter for all of it. So a great CRM goes a long way.

Post: Automatic Text message

Or BasanPosted
  • Flipper/Rehabber
  • Sacramento, CA
  • Posts 53
  • Votes 10
Originally posted by @Kevin Scott:

Be careful with that,  it's getting promoted a lot but auto text messages should be checked for legality.  500 fine per text per person from what I understand.  That being said it could be fine just check into it.  I built an auto text and rvm system for myself and others I help then scrapped it when I found out their "might"  be issues.  If it was just myself I wouldn't have been too concerned as reply messages are more likely to be ok but auto blasting should definitely be looked into deeper.

Thank for the advice . anyway that would be an automatic text only to people who called us before . 

Post: Cold Calling Leads.

Or BasanPosted
  • Flipper/Rehabber
  • Sacramento, CA
  • Posts 53
  • Votes 10
Originally posted by @Rick H.:

Tip: put the money back into your checking account and use for gas.

Create a "hit list" of targets based on foreclosure with equity. 

Less than 5% of marketers will ever knack on doors. It's provably less than 1%,

If you learn his to talk to people in distress, you'll makes piles of dough once you understand how to close them. 

Don't waste your time on bandit signs and flyers. It's just more trash yo clean up.

 there is a gold advice right here . 

Post: New Wholeselling full time business

Or BasanPosted
  • Flipper/Rehabber
  • Sacramento, CA
  • Posts 53
  • Votes 10
Originally posted by @Jay Hinrichs:
Originally posted by @Or Basan:

thanks jay for great advice. I like the way of your thinking.

If I would partner up with someone who have a REL (until I will get mine)

and will send him the "retail seller" leads I get from my DM campaign for wholesale and split profit?

I mean, simply, that I would do the same thing , just instead of off telling retail sellers that we cant work with them, to let them know that I can actually list the house for them (and let the agent do the job and split the profit).

what do you think about the same model that it suggested earlier and adding what I just said ?  

 that's against the law Retail real estate agents are forbidden by law to pay a non licensed agent a referral fee..  you can get your license in less than 4 months for less than 1K  then hang it with a fee based broker who lets you do whatever you want..  Like my wife pays 9k a year flat fee.. to her broker and makes 100%  you can get brokers in CA for as little at 250 to 500 a month..   now those reading this that are back east they are still stuck in old school real estate were the broker might take as much as half their commish..  So for Lori ( my wife) when she makes 200 to 300k a year she pays 9k to the office and usually about 10 to 11k to her transaction coordinator.. 

And a good transaction coordinator will make far more money than most wholesalers.. all with no a dime out of pocket//

So just some options for you..  

assuming I have my license and than let somebody else listing them .

but I got your idea, thanks .