All Forum Posts by: Ryan Talmadge

I live and invest in South-Central Wisconsin.  I am a licensed real estate broker, property management company and contractor all rolled into one.  The investment opportunities here are outstanding.  I don't just base that on the fact I live here, the data speaks for itself.  Consistent buy and hold opportunities at 10-17% cash on cash return.  Overall returns including equity build-up and appreciation can exceed 20%.  I know it sounds too good to be true, so let's have a phone conversation.  Anytime.  

I've looked into that but if I am not getting 1031 tax benefit; then I don't really see the point of doing that vs just buying VTI or QYLD stock (or maybe some REIT stock)

Hey Milwaukee,

I am an out-of-state investor looking to get started in the Milwaukee metro area with small multifamilies. I think it is a really strong metro area, happy to share my analysis of the city if you want to share your email. I have connected with an agent and we identified one neighborhood in particular, but I'm interested to hear from the group as to what your experiences are with cash flowing small multis in the city, and what neighborhoods might make sense for this. I'm looking for a lower-crime class "B" or "C" area. Thanks in advance!

Danny

@Ryan Talmadge I use kartra for my agency and carrot for my investing business. The benefit of Carrot is in the SEO. They have a proven process to rank well with the backend tech and tools to support it. Free leads basically. 

Palatka, FL.
- Landlord friendly state

- rental culture amongst residents 

- super low rental inventory. 

1. Are you running Direct mail campaigns and have they been successful?

In the past I did and yes I closed deals from letters

2. Do you feel like a website is necessary for successful direct mail campaigns?

Yes, because it legitimizes your business

3. Are you finding much success with your adwords and SEO campaigns?

Yes, SEO. I am currently getting 50 -60 leads per month.

4. Have you seen much success with cold calling?

I tried but didnt close any deals.

5. Do you notice a need for website with relation to your cold calling business?

N/A

6. If you have a website how did you build it and hat would your recommend for someone just starting with a budget of let's say $1000?

carrot  - I have had my carrot site for 3.5 years and love it. But you need to personalize it and add some content to increase conversion rate. IMO they provide the best value when it comes to investor /  wholesaler websites.

@Ryan Talmadge yea that’s a good point. I was mainly referring to situations where you have a branded company name, they get your postcard, then Google your business, find your main ranked page, and reach out that way. But your suggestion would help to minimize that. 

1. Are you running Direct mail campaigns and have they been successful?

I have in the past, not currently. They were inconsistent and I didn't enjoy the management. None in a few years. 

2. Do you feel like a website is necessary for successful direct mail campaigns?

Website helps add credibility, but also makes tracking less reliable. They see your postcard, go to your site and you aren't sure if its an SEO lead or from your postcard. I have not seen any reliable studies that show a website boosts direct mail rates, but it may exist. 

3. Are you finding much success with your adwords and SEO campaigns?

Yes for both. I run PPC for dozens of investors and it's not 100% successful, but most are netting a lot of money, over six-figures per year. I run SEO for my own business and get about 4-6 deals per year doing nothing. 

4. Have you seen much success with cold calling?

Never tried, too much work. 

5. Do you notice a need for website with relation to your cold calling business?

n/a

6. If you have a website how did you build it and hat would your recommend for someone just starting with a budget of let's say $1000?

Carrot.com and use that money for Carrot.com, their SEO course, and any VA help on the SEO work if you can't do it on your own.

1. Are you running Direct mail campaigns and have they been successful?

Yes and Yes. Handwritten letters tend to work the best.

2. Do you feel like a website is necessary for successful direct mail campaigns?

Yes and No. Can you get some deals off just sending letters and answering calls. Yes, probably so, but your acquisition cost will be much higher. A website is a HUGE credibility factor. PRO TIP: If you didn't want to go the website route, you could always just get a GMB, verify & optimize it, get a domain name and redirect all the traffic to the GMB and that will act as your credibility factor.

3. Are you finding much success with your adwords and SEO campaigns?

Only doing SEO at this time and yes. 95% of our leads and deals are from SEO. Always the most motivated type of leads.

4. Have you seen much success with cold calling?

Haven't done it in a long time but know plenty of guys still doing it with success.

5. Do you notice a need for website with relation to your cold calling business?

See my answer to question #2. Same thing applies

6. If you have a website how did you build it and what would your recommend for someone just starting with a budget of let's say $1000?

Investor Carrot website. Be sure to tweak it, change copy, add pictures/logo, reviews, etc. Don't just use it "out of the box" and not change anything. Also, while it is possible, I wouldn't recommend trying to save a little money and building a site yourself if you have no prior website building experience. You'll waste a lot of time and energy figuring all that out when you could just get a Carrot website and be done for the most part. 

Hopefully that helps a little. Good luck with everything. 

1. Are you running Direct mail campaigns and have they been successful?

I plan to start Direct Mail within the next month

2. Do you feel like a website is necessary for successful direct mail campaigns?

One thing at a time, I feel like at my point in my career, a website isn't necessary. Once I have several properties then yes. I'm also not sending out mass mail, but rather targeting individual owners.

3. Are you finding much success with your adwords and SEO campaigns?

I do not have experience in SEO.

4. Have you seen much success with cold calling?

Yes, many sellers are still selling via cold call. I've helped several clients this way.

5. Do you notice a need for website with relation to your cold calling business?

As of right now, no. I think once a team is established then maybe a website would be necessary.

6. If you have a website how did you build it and hat would your recommend for someone just starting with a budget of let's say $1000?

I would not recommend spending $1000 on a website. I'd use it for more marketing or a down payment on an investment property.