All Forum Posts by: Stinson Bland

You're stating the obvious...

Do you have anything to suggest as innovative marketing ideas? Or is there are marketing strategy that you'd like to discuss?

The way some people live really amazes me. Good luck with the bugs!

We meet on the second Wednesday of every month at Sheraton Dallas North Hotel, 4801 Lyndon B Johnson Freeway, Dallas. I have not received an email about this months meeting yet. Follow this link and join the meetup group: TREIC.

Jeremiah,

I think it's best that you're honest with everyone you speak with. I live in a large market (Dallas/Fort Worth) and it seems like everyone knows everyone in the REI business. Most experienced investors will be able to tell that you're 'green' as soon as you call with the wholesale pitch... so I wouldn't try to mislead them and get a bad reputation. I get a couple calls a week from new wholesalers and I have yet to hear back from any of them with deals.

It's great that you're focusing on a buyers list but I also think you should start looking for deals. It will most likely take a lot longer to find a good deal. In my opinion, most new wholesalers underestimate the amount of TIME, MONEY, SKILL, and WORK that it takes to find a good deal. Build a marketing plan and get it in action ASAP... you can and should continue to build your buyers list while your search for your first deal.

I would love to get a call from a new wholesaler that was offering me a REAL (70% ARV less repairs) deal. I have not had the pleasure of getting a call like that but I'd take the caller much more serious than the rookie that watched the latest Than Merrill 'live' webinar. I may not be interested in the deal but I'd definitely take note of the caller and make an attempt to meet with him.

Real wholesalers are hard to find and good deals are what separates the wanna-be's from the guys making money.

I attend Texas Real Estate Investors Circle (TREIC) meetings. We are a sponsor of the group and utilize the events to network with other REI's.

Targeted long tail keyword phrases are where you'll get results (quality leads). Don't think about the number of searches a keyword phrase gets... Focus on the quality of lead that would search your keyword phrase.

Keyword Example: sell my house fast Plano tx or sell home today Dallas tx.

Make sure that your ads, sub URL, and landing pages mention your keywords. This will improve your google ranking and lower your PPC.

Matt,

Have you spoke to your title office regarding sub-to? A good title co. will be willing to walk you through the entire process.

Am I missing a lot of business by not trying to wholesale Sub-2?

Are any of the experienced wholesalers on BP doing these deals?

I agree with Rob. You must disclose your intentions with your seller (I think this applies to very kind of deal). I personally value my reputation too much and would never assign a subject-to deal (for the reason Rob mentioned).. I honestly can't believe sellers allow people to wholesale their existing mortgage when they have so much to lose.

Although, I do pitch Sub-2 on homes that I want to rehab. I also offer to put 6 months of payments in escrow to insure that the seller mortgage will get paid.

Sorry, none of your Facebook friends are on BiggerPockets that you can be colleagues with. You are already connected to 8 of your Facebook friends on BiggerPockets.

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