All Forum Posts by: Raymond McGill

Thanks @Sam T. !  I was considering Insightly as a CRM, but a free one might be good too. Thanks for your input.

I was was thinking that I could get the master list and just pull the multifamiliys in my town with equity to narrow down the driving for dollars.

I have been studying the whole direct mail business. I understand driving for dollars and knowing every home in town. 

1. How to the professionals keep track of these thousands of homes and contacts? I can imagine downloading every address in town from the tax records or some 3rd party. Is there some standard for tracking each home? How do you know who you talked to?

2. Wouldn't getting the entire database from tax records be a almost the same as getting the lead lists? Absentee landords are just where the property address doesn't match the billing address, right?

Meet and Greet

Terms: ROI vs IRRR, CCR/COC, etc

Tools: BP calculators, Rehabvaluator, Excel/Sheets

Example deal: Walkthrough of my last contract (162 Portland St Rochester NH)

Your Deals: LIve and in person

Meet and Greet - What I can give, what I need

New Hampshire REI Club. The November 15th NH REIA meeting will be held in Portsmouth at Keller Williams Coastal Realty.

Topic Deal Analysis! Bring your deals..

Networking and socialization - Come and meet your peers and future partners. There is success through quality partners. We encourage everyone to come out and meet the seacoasts best Investors, builders, accountants, bankers, private lenders, and other passionate people in Real Estate. All are welcome to the NH Seacoast including Portsmouth, Kittery, Dover, Rochester, Somersworth, Exeter, Stratham, etc. KW Coastal is at 750 Lafayette Rd., Portsmouth, NH 03801

@Christopher Rutherford Great job Christopher! I am over in Portsmouth, and run the Seacoast NH REI club (check events for meeting time Nov 8). Some of our members from Maine were talking about wanting to invest in the area around Dartmouth. Small world! @Link Moser If anyone wants to get together anywhere near the seacoast, count me in! Link, I think we've met, just don't remember the details. 

@Ann Bellamy and @Jennifer Lee are right. One extra tidbit.... that place is not local to you. A long distance rehab is a much harder deal to survive. I am guessing your deal location, but my guess is its two hours each way. That makes this much harder. I am selling my last SFH rental in rural C- area now. The 1 hour each way meant I never went there. My new deal is 30 minutes, which is better. Future properties will get closer and closer to my house as I shift from cash flow to appreciation.

I am closing on similar 3 unit next week, and finding same story. It was in process of being converted into a 5 unit (5200 sqft) when the last flipper declared bankruptcy.  City says it must be fully up to code first (20k sprinkler, unknown++). So, we could keep it a 3 unit, or most likely make it a 4 unit. We have to decide cost of upgrade vs unit.

Today was a good REI contractor day! Instead of getting all voicemails (some people I've called 4 or 5 times), I got real people on the phone and setup 5 different estimates. @James Petro One of these was your referral, James, so thank you. I ensured they knew it was you that sent them business. I still need another roofing estimate if you can dig up that card. I definitely owe you a {BeverageOfChoice}. 

Hi, James! I have always gone the house hacking route and done most of my own work. For supply-side plumbing, I've always demo'd the copper and replaced with Pex myself. 

The quad property is in Rochester. Thanks for the referrals! 

I am closing on a quad in Rochester NH next week that needs everything. 

I have been amazed at the low level of sales/service/business that local contractors have offered. I am at the scheduling estimates stage and have been calling all trades. I have discovered a few with no voicemail, a few with generic default voicemail, most never return the multiple calls. I am fine with those who have said "I don't do technology", but I think returning phone calls is a minimum. 

I did find one company that had a really good process (New England Roofing)... two day turnaround guarantee for estimate and "one day roofing". I filled out their form and received testimonials and other daily marketing in my email. Never got a real person on the phone or any real feedback. Crazy. 

Right now, I need estimates for Roofing, Electrical, HVAC. Any one have a referral?