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All Forum Posts by: Stephen Morales

Stephen Morales has started 6 posts and replied 248 times.

Post: Land vs. Residential: Where Are the Hot Leads?

Stephen Morales
#1 Wholesaling Contributor
Posted
  • Posts 270
  • Votes 136
Quote from @Zeeshan S.:

Solid points @Stephen Morales

It's a great reminder that the "better" strategy often depends on individual goals and market conditions.

Would love to connect!


 Exactly! Let's do it!

Post: New to this

Stephen Morales
#1 Wholesaling Contributor
Posted
  • Posts 270
  • Votes 136

 Were they laughing at the price? Or were they laughing because you didn't know the answers to the questions they were asking you? 

Either way this was a good learning experience for you. I would research the questions they brought up and watch some videos on REI. I mean if you have some specific subjects about REI that you need help with that's why you have us on the forums!

BTW I want give yourself a pat on the back though for jumping right into it! You will learn much faster if you get your feet wet and roll with the punches. 

Post: I Fired NAR. Are you going to leave or stay?

Stephen Morales
#1 Wholesaling Contributor
Posted
  • Posts 270
  • Votes 136
Quote from @James Wise:
Quote from @Stephen Morales:
Quote from @James Wise:
Quote from @Stephen Morales:

Stopped paying their fees about two years ago. I'll keep my license though!





 xD 

Post: I Fired NAR. Are you going to leave or stay?

Stephen Morales
#1 Wholesaling Contributor
Posted
  • Posts 270
  • Votes 136
Quote from @James Wise:
Quote from @Stephen Morales:

Stopped paying their fees about two years ago. I'll keep my license though!



Post: I Fired NAR. Are you going to leave or stay?

Stephen Morales
#1 Wholesaling Contributor
Posted
  • Posts 270
  • Votes 136

Stopped paying their fees about two years ago. I'll keep my license though!

Post: Comically Bad Realtors

Stephen Morales
#1 Wholesaling Contributor
Posted
  • Posts 270
  • Votes 136
Quote from @Chris Seveney:
Quote from @James Wise:

Most Realtors suck at their jobs. This is not even just an opinion, it's an objective reality. Some 88% or so flame out of the job within a year. In 2024, 47% failed to sell even 1 house. Obviously some are worse than others, but man, the Realtor in the photo below is comically bad. I'd love to hear some of your comically bad Realtor stories.


If the front door works - then technically it is turnkey. 


 Touché lol

Post: Interested in REI and seeking mentorship

Stephen Morales
#1 Wholesaling Contributor
Posted
  • Posts 270
  • Votes 136
Quote from @Kelly Francis:

I’ve always wanted to learn about real estate investing but get overwhelmed with where and how to begin. I’d love to find a mentor and would be happy to exchange my time and assistance in return for knowledge. I’m a hands-on learner who’s willing to put in the effort to learn! I just don’t know where to start.

 Hi @Kelly Francis,

Welcome aboard, what kind of REI are you interested in?

Post: VirtualFlipLeads Software any good?

Stephen Morales
#1 Wholesaling Contributor
Posted
  • Posts 270
  • Votes 136
Quote from @John Paul Vargas:

It is Tysons. 

I havent tried any software yet. This appealed to me due to low initial cost at about $100/mo. Naturally Im aiming to keep costs low until Im turning a profit. 

They dont offer a demo, trial nor apparently any kind of support. I emailed the support team about a week ago and havent heard anything. Thats the part that puts me off a bit.

I saw the reddit comment someone else made, which I did reply to earlier today lol.

What are the names of those software you mentioned? Mind pointing me in the right direction? It will be greatly appreciated.


Lol I had a feeling it was you. You would think they would want to have some good customer support lined up to line up with their courses and couching. 

I'll send you a message!

Post: How do you find Off-Market Properties?

Stephen Morales
#1 Wholesaling Contributor
Posted
  • Posts 270
  • Votes 136

Pulling Targeted list in your area, (High equity, probate, pre-foreclosures, tax liens, etc) and reaching out to owners to see if they're interested in selling there home. 

Nothing like some good old fashioned cold calling! 

There are plenty of free software out there to help you get started.

A dialer and a lead of 10,000 properties you can get away for under $600. 

You can of course choose other avenues such as direct mail marketing by pulling a list of these same targeted owners, SMS which is illegal but people still do it anyways, bandit signs in areas with high investor interest. 

Inbound would be SEO, PPC, and PPL. SEO takes several months before seeing consistent results and some great content, PPC and PPL take a bunch of money for it to be effective so be ready to pay up for those. 

Post: In laws are distressed sellers

Stephen Morales
#1 Wholesaling Contributor
Posted
  • Posts 270
  • Votes 136
Quote from @Joel Owens:

Little to no activity equals PRICE, CONDITION, or BOTH. Blaming the agent is just a scapegoat response. Even if the agent sucked and the price was good you would still likely have offers.

Being it's in your in-laws would not touch the situation with a ten foot pole. Sometimes financial gain is not worth what is attached to achieving it. 


Yup, hitting the nail on the head.