All Forum Posts by: Gerald Harris

@Ian Lockwood I am interested as well.  My contact into is below.   Thank you

@Clay White When the subprime fallout happened, everyone I knew got out of real estate. So in 2008 My girlfriend I switched brokers and started working with a Broker who was connected with several BPO companies. We used to do about 5 to 10 BPO's a day. It was actually good money. I think they paid on average $50 for each exterior BPO's and closer to $80 to $100 for interior BPO's. The process was ( 1. receive orders from their online portal, 2. Map out address 3. Take pics (if interior call owner). 4. go back to office or home, upload pics and complete orders. I think We had like a 48 to 72 hour turn around to complete orders. MLS information was crucial in order to pull up actives and solds. 15 years about we averaged about $300 to $400 dollars a day in income. Alot of that was because the buy we worked for had like 10 people under him and he was connected somehow with these companies (Clear Capital & Bank of America). My advice, a car with great gas mileage, a decent camera, fast internet. 1 other thing I would say is this. Its a great way to spot opportunities that will get you listings. Pay attention to those vacant, abandoned houses or people who look like they are moving out. Great way network while you are out. I know things have changed since I last did BPO's but the thing I do remember is when you are driving to and from those BPO's you'll find other opportunities out there. Good luck with that.

@Pablo Avila brilliant strategy.   I've found the list, the challenge i've found is in finding some of the owners in different markets.    Even though I've skip traced, it's still difficult.    1 of the way's ive had success is to knock on the neighbors doors or look up the owners on Facebook.  I can usually find them or a relative of theirs.    Thank you for this share.  Continued success.  

@Charles G. Johnson Sounds like an interesting niche.   There will always be a demand for affordable housing.  Here is a link so that you can contact Bigger pockets directly.  You can either contact them directly, Inquire about ad sales or maybe you'd like to reach out to them and be on their podcast.   Here it the link  

@Jimmy Esso sorry to hear about your situation.    I know that can be frustrating.    One of the main reasons that most people start wholesaling is its the lowest barrier to entry.   Starting out, if you don't have money you will need to focus more of your time.   My suggestion when you begin wholesaling real estate is to find out what the cash buyer wants first.   If you know what your cash buyer wants, what area of town they want it in etc.....   It make it wholesaling alot easier when you have actual cash buyers, you've vetted and all they need is a deal.   You don't need money.  Most begin this process by going to Youtube.   There is alot of helpful advice on there.   I also think here on Biggerpockets in the Marketplace there should be some free contracts.    You can do this, but you must be consistent.    Do not give up.  Remember, when you go to Youtube type in the words:  Cash Buyer, Assigning contract, Wholesaling step by step, there is alot of help there, You will be able to find 1 person that you can understand.    Contintued success to you.  

@Umar S. great question. If you're not in a hurry to sell the lots and you don't need the money, let them sit for a while, or a better option would be to owner finance these. You can get a high price be offering monthly terms. Offer different types of terms. You can have a 10 year terms option, a 5 year term option and the option that you want at a higher price. Chances are you'd be able to sell the lots a little faster, seeing that most lots listed in the local MLS are listed at higher prices with only 1 option.

@Kate Lee there are definately times when you have to get creative in finding some of these sellers.    One of the sites is Fiverr.  It has worked wonders for me in finding difficult owners.    Also, try Upwork.com.  truepeoplesearch, works from time to time.  With Some of these owners the best way to find/contact them is direct mail.    Another trick i use when these owners don't answer the phone by call or by text is to try typing the owners name into Facebook.   I refer to this as "Facebook skip tracing"  it has worked for me from time to time.    Continued success to you.   

Congratulations on your first investment property. I am familiar with the area. Born & raised in CA. Very nice looking investment property. If you don't mind me asking, what is the HOA in this area? are they pretty strict?

@Jeff Auerbach great question. This is just a shot in the dark, but here are 3 things you can try to target a buyer for your property. 1. Look up " Military facebook groups" or "Millitary support facebook groups. There are lots of them out there. 2. Type in " real estate investment club Tuscon Az" and find a contact number or if they have a facebook group. If they have a number or an email address, contact the owner and see if they have any investors that specialize in FHA & VA properties. Talk with these investors to see if they have buyers for their properties. 3. Goto Google and type in "Military housing Tuscon AZ" or contact at least 3 property management companies in the Tuscon AZ area to see if they ever get calls for anyone wanting to move and buy in the area. I see what you mean. Marketing a "niche" listing can be challenging. Best of luck to you.

@Lily Martin  here are several way's i've found deals.    1.  Other Investors  2.  Direct Mail  3.  Craigslist.   4.   Facebook Groups.    5.  Word of mouth from (friends, family etc...)   I will say this, Facebook can be a huge source of deals if you know how to close.    Also, creating helpful content like a Youtube Channel or on Instagram where you help other investors or you help property owners is a great way to attract leads if you are an investor or an agent.