All Forum Posts by: Patrick Fraire

@Cornelius Garland Mannnn I started with beenverified as well. Those numbers were always bad. 

@Sheila Campbell

I think your on the right track. To do it right you have to be able to afford at least a few hundred per month in business costs.

Here are the common wholesaling tools alone that require monthly subscriptions. Again this is typical not all necessary. You can do without all these tools but they save a lot of time and get you in contact with more sellers.

Tool: List Source

Cost: 18cents per address (I think, I pay 3 cents per lead but I had to pay for a program that gave me that discount)

Description: List source is website that pull lists of absentee owners

Skip tracing: 25 cents per address

Examples: (Batchskiptracing.com, REISKIP,)

Deal machine app : $50/month

Description: let’s you track your Driving for dollars properties

Cold calling software/crm: $150/month

Direct mail: 50cents/postcard

It adds up quickly and it could take months to get your first deal closed. If you have about $500-$1,000 you can get your wholesaling business up and running the right way.

Other wise just drive for dollars and cold call to save money. You can definitely find a deal that way. Either way your going to have to pay for skip tracing.

@Angela Vargas

That’s terrible. Pouring fresh concrete on old damaged concrete. I have never heard of anyone doing that. What a waste. I’d be surprised if the new concrete lasted more than a month before cracking. Assuming it is a normal sized sidewalk section (4” thick). Concrete cracks very easily. Even if you have flat soil underneath, you need to compact it to make sure there won’t be settlement. Sounds like that flipper is a penny pincher and doesn’t understand construction.

@Shannon McLeod

I'm still saving those properties that are llc owner but I am filtering them out of my excel sheet before I send into skip tracing. Once I get a long enough list of LLC's I will pay someone to manually search these. Then send that list in for skip tracing.

@Lydia T.

Sounds like you found a cash buyer!

@Kristina Lugo

It sounds like you are looking for deals on the mls. Since you don’t have the money, one way for you to bring true value is by finding a deal your parents (or any other passive partner) wouldn’t find on their own. Anyone can go to the App Store on their phone, scan their finger (or face on the newer iPhones), (or manually enter the password you created when you were 15 and made an Apple ID on your iPod Touch) and download Redfin or Zillow. Everyone has access to deals on the market. Here’s what I’d suggest. Drive around these neighborhoods and drive for dollars. Until you get 500 properties, shoot for like 20/day. You can use property radar or deal machine for this. Then send that list of addresses to batchskiptracing.com or reiskip.com or any other skip tracing service. Then just call everyone of those numbers. I gaurentee you will get a couple leads and maybe even a deal out of it. Once you have a deal the partnership will make a lot more sense for someone who is covering the down payment. They will actually be saving money splitting the deal with you than buying and flipping a property listed on the mls.

@Jonathan R.

“you didn’t ask to be born, they wanted you” hahah

This post is the only place on the internet that answers this question right now lol. Thank you @Hewlett Santos

Shoutout to this post.

I gotta agree with @Aaron K. here. The carrot of repeat business won’t get you a discount with good GC’s in this market. These guys are swamped. If anything they’d trade less jobs for higher returns right now.