All Forum Posts by: Stephen Morales

What's your cash flow looking like?

For skip tracing in REI, Prime Tracers is a great option to consider. It offers high accuracy with 80-90%+ correct contact data, which is crucial for reaching homeowners. Their pay-as-you-go model allows flexibility, so you only pay for what you need. Compared to other services that might offer lower-quality leads or require higher upfront costs/paywalls, Prime Tracers also give you free lead credits on sign up so you can actually see the results before you commit to a purchase. As a bonus when you sign up you also get an e-book that has tips to running your wholesaling business.

We normally pull 50k+ list when we do our monthly campaigns of cold calling. We have VAs that use triple line dialers and Pipedrive to run our CRM. I would recommend anyone that gets started has at least a list of 10,000 to ensure they can get 1-2 deals that first month. 

If REIPro isn’t cutting it for your skip tracing, give Prime Tracers a shot—it’s been super reliable for connecting with the right contacts without breaking the bank. They hit 80-90%+ accuracy, which means way fewer wrong numbers and dead ends. Plus, with their pay-as-you-go setup has it to where you don't have to worry about a subscription. It’s a solid option to boost your chances of actually reaching the homeowners you’re targeting. You also get free credits on sign up to try them out.

Given your mortgage situation I would opt for taking out a HELOC. Keep your current tenant in place. Use the HELOC funds for another investment strategy such as funding fix and flip projects. I have a buddy who did it with his 1rst rental earlier this year. He's had two successful flips so far and after this third one he's looking to pay off the HELOC and roll the profits into his future flips.

 Thanks Wayne, I appreciate the insight!

Old thread, but still wanted to see if anyone could help. I have Dozens of mitigation land, wetlands, and conservation acres that one of my Investors threw at me to sell and I am having the hardest time trying to market them. Any tips would be greatly appreciated!