All Forum Posts by: Ross Williams

Lot of changes out there: The NAR lawsuit ruling, the TCPA text law, SC double-close law and don't forget GA's new law banning direct mail RE solicitations unless it is clearly marked on the envelope, which means your expensive letter is most likely going directly into the trash can. Why I don't do any of that stuff.

 From experience, I can assure you it is not that accurate

I have Propstream but have found that their data is stale, specifically for last sales and properties listed as in foreclosure that no longer are.  Looking for an alternative.  

I currently use Propstream but have found that their data is stale in many cases, specifically regarding last sale dates and properties listed as in foreclosure that no longer are.  Has anyone found a data provider that is more up-to-date?  Thanks in advance.

The answer is:  "It depends."  But for a stabilized Class B multifamily in this market, for example, my bare minimum would be 10%, "depending" on how much brain damage the building caused me (even though I use a management company) and what the appreciation potential is (which I never assume more than the rate of inflation, tops) etc.  12%+ is what I'm after.  My mental calculus is that I want returns in excess of 25% above what the passive S&P 500 Index has returned historically (~8%).  But that's just me.  Your risk tolerance might be greater or lesser than mine.

I kept Propstream.  They are both good; personal preference.  As stated in this thread, I believe BL does not let you keep your data if you leave the platform which is not good business practice, IMO.

I have to ask Stephen, and no offense; are you associated or receive compensation from traceestate.com?  I've seen a few posts from you about them.  Thanks.

I have to ask Stephen, and no offense; are you associated or receive compensation from traceestate.com?  I've seen a few posts from you about them.  Thanks.

 What are they?

The guy is a world-class marketer, but they all are.  Would welcome any techie-type real estate investor's opinions on how to use A.I. to finds leads and deals.  Thanks.