All Forum Posts by: Roc Pilon

Yeah, i do drive for dollars already. But im not going to DM until I can send my prospects to a website and im not gonna run ads because I can send them to my website. 

The website will be completed by July 14th and from there I can go. In the mean time ill continue to fix up my duplex and when the time comes I just want to be sure Im not leaving anything out.

Well, sorry to disappoint you but no this is not complete yet. I would like your help in finalizing my lead gen processes.

Mainly I want to create a system to funnel in leads so my dad and I can find the motivated sellers and close them as well as help them out of their problems.

For the time being, wholesaling or partnering is the plan unless owner financing is an option.

1. Build the website to collect leads, advise prospects of our mission and process.

2. create a direct mail campaign

-Use list source to find key criteria

-Buy list

-Figure out marketing (handwritten postcards)

-mail them out each month 

-Repeat for 6 months.

3. Create a Facebook ad campaign.

-Test prospect niches

-Determine relevance and low CTR

4. Develop business cards for networking and speaking with anyone in public about what you do (always pitch yourself).

5. Create bandit signs and craigslist ads and put these in key locations at your convenience.

What am I missing here? I went from most expensive to least but I would like to build a marketing plan to keep deals coming through our pipeline.

Thanks

Awesome advice, I knew I wasnt looking at something correctly.

Thank you!

Thanks for stopping by,

The goal: 5 B&H units of multi family property within the year in my portfolio. 

Current state: Living in my own duplex so 2/5.

3 more units to go

I am targetting multi family units with absentee owners (along with everyone else)

The Question: I feel like I am missing something, is there any other niche criteria you experienced investors abide by? or is there something you find a higher conversion/response rate from? 

I'm all ears to any advice

Thanks again BP fam.

Roc

Nice website!

What platform are you using on the website and did you create it or hire that aspect out?

Congrats on the deal!

Hey Aaron,

Bigger pockets is a mentor filled with people who are willing to help if you ask the right questions.

I would change your perspective from what you want to what you have to offer as quickly as you can, because most people don't really care about what you want to be honest.

This article will help:

http://www.biggerpockets.com/renewsblog/2014/02/24...

Dang man you did exactly what I want to do and I am 20. Reading the comments on that Business Insider post is hilarious, everyone is so butthurt that you are so successful at such a young age.

What made you pick real estate and what were some of the things that catapulted your success? I am where you were when you started and I just bought my first duplex but I have no idea where to go from here to get that next one @Mike Henkel

I am creating my preferred list to market to people who would potentially be willing to owner finance me their multi family property. 

I think there is alot of power in creative investing and I am wondering if there is any key things you fellow investors strive to market to? 

Thanks for the replies!

I didn't mention it but I will be living in one side with a friend of mine and the other side has been rented out by a sweet old lady for the past 8 years so I will leave her in there as long as she continues to pay the rent.

I agree though, I think seller financing deals are my next best option. I need to do some more research though.

Hello all!

My name's Roc, I've been interested in real estate ever since reading rich dad poor dad when I was 16, I realized I need to be on the investor/owner side of life so I started changing my mindset to be that way. My dad has transitioned into devoting all of his time to real estate investing as well and is working on a few projects which inspired me to take action as well.

Through the local REI group and the connections I was introduced to there, the BP podcast, blog posts, and ultimate guide, as well as the occasional fatherly guidance I pulled off a goal I wanted to reach before I turned 21. I actually wrote down the goal to own my first property before March of 2015 with no idea how I would achieve it, but its weird the way things written down workout...

Anyways, I bought a duplex in the Meridian, Idaho area using the 3.5% FHA loan method and I will owner occupy it for the next year. I do not have the exact calculations with me because I am at work right now but would be happy to talk about the deal for those who want to!

I do have one question for you all.. If you were me and you wanted to do more deals how would you go about doing the next deal? Or is there any advice you would give a 20 year old?

I cant do the FHA loan again and I want to acquire more multi families looking forward to hearing what you all think.

Thanks!