All Forum Posts by: Ted Schmidt
Ted Schmidt has started 5 posts and replied 100 times.
Post: Two Foreclosure Leads - WTH do I do!?!
- Real Estate Investor
- Riverside, CA
- Posts 164
- Votes 30
@John Fossetti Thanks for posting the form I will use it.
Post: Sellers keep asking for what their houses are comped at
- Real Estate Investor
- Riverside, CA
- Posts 164
- Votes 30
I don't remember what plane it was but I do remember making an emergency landing in the desert after flying Santa Barbara to Las Vegas and saying to myself..."no more chartered planes".
Post: Sellers keep asking for what their houses are comped at
- Real Estate Investor
- Riverside, CA
- Posts 164
- Votes 30
Post: Sellers keep asking for what their houses are comped at
- Real Estate Investor
- Riverside, CA
- Posts 164
- Votes 30
Originally posted by @Brian Gibbons:
And I will repeat, "yes give away some secrets! I Dare You!"
I do every day. Place ads on the Internet for mortgages. 80% of the people don't qualify for a mortgage, hence rent to own, credit repair etc.. (Oh my, I hope I haven't said too much, you wont tell anyone my secret will you?)
Post: Mortgage Note in Alabama. Need assistance
- Real Estate Investor
- Riverside, CA
- Posts 164
- Votes 30
Originally posted by @Alex Harris:
Make an offer to buy the note with contingencies.
Post: Mortgage Note in Alabama. Need assistance
- Real Estate Investor
- Riverside, CA
- Posts 164
- Votes 30
Originally posted by @Alex Harris:
I'm a relatively new wholesaler (started about 1 1/2 ago) and get leads from other parts of the country sometimes. One came in the other day from Birmingham, AL and I have an idea how to handle it but want some recommendations. The situation is that he did owner financing on a commercial property with a buyer who stopped making payments in Dec 2013 but stated the buyer has the deed. He is moving forward with foreclosing on buyer but is unfamiliar with the process and is in Arizona.
First thing the owner of the note should do is hire a local attorney or consultant familiar with the law in that area. If he has not done this then there is little chance that he has started the foreclosure process unless it is being serviced by a loan servicing company.
The next thing to do is get an assignment of rents so the owner can not pocket the rent and walk away.
Since you are dealing with a note holder, you can offer to buy the note at a steep discount and proceed with the foreclosure. I have worked as a consultant on some deals like this. This type of deal can be an alligator.
Post: Sellers keep asking for what their houses are comped at
- Real Estate Investor
- Riverside, CA
- Posts 164
- Votes 30
@Brian Gibbons
Do you want me to spill the secret sauce here, amigo? I think a new string in the marketplace would be more appropriate.
Post: What website services do you'all use for your REI websites?
- Real Estate Investor
- Riverside, CA
- Posts 164
- Votes 30
A good squeeze page is all about having less not more. Less clutter, more focus. You have to engage the prospect while leading them down the path you want them to go. That means limiting the choices. A page with a hundred links give the visitor 100 choices. If you want them to make 1 choice , why give a 99 ways to go another way.
One website - many landing/squeeze pages with limited options/focus.
Post: Sellers keep asking for what their houses are comped at
- Real Estate Investor
- Riverside, CA
- Posts 164
- Votes 30
Originally posted by @Brian Stone:
rent to own leads are easy to get and they are cheap.
Post: What website services do you'all use for your REI websites?
- Real Estate Investor
- Riverside, CA
- Posts 164
- Votes 30
A squeeze page is used to market to a particular niche and yes, it is to get leads. In my business I have several different domains with squeeze pages that direct visitors to my main transactional or lead generation site.
This post is an example of a squeeze page that is specific to a niche (loans to or from real estate investors) that leads to transactional or lead capture page.
When designing a squeeze page, it is important that the main point of the squeeze page is consistent with lead capture or transactional page.