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All Forum Posts by: Tyler VanDerzee

Tyler VanDerzee has started 2 posts and replied 7 times.

Post: How do you source property leads for investing?

Tyler VanDerzeePosted
  • Real Estate Consultant
  • Newark, DE
  • Posts 7
  • Votes 2

It depends how involved you want to be. We run motivated seller PPC campaigns for investors because they allow you to get your message in front of motivated sellers looking for exactly what you are offering - all without you having to lift a finger. You just have to pick up the phone once the lead comes in.

So far in the past few months we've been seeing CPL (Cost Per Lead) dropping and investors closing about 1-in-15 to 1-in-20 leads on average. The best part of this approach is that it is low overhead and you can control most aspects of a campaign with little to no effort. 

Also, unlike other marketing channels, PPC can provide immediate results, with traffic to your website starting from the moment your ads go live. This is ideal for motivated sellers who are often in a hurry to sell their property.

It's also a cost-effective option because you only pay when someone clicks on your ad, making it easy to control and manage your advertising budget.

Overall I'd say outbound marketing tactics are no match for inbound ones. By prioritizing methods that draw motivated sellers directly to you, you'll see the best results.

Post: Automated Prospecting Ideas

Tyler VanDerzeePosted
  • Real Estate Consultant
  • Newark, DE
  • Posts 7
  • Votes 2

What type of ROI are you seeing from your PPC?

I ask because it could be a good idea to first assess the performance and potential of your existing PPC system to ensure that it is as effective as possible before exploring new channels. This could also help to create more leverage once you do start adding more automated marketing systems to the mix, and help you make the most of your current budget. 

PPC can be combined with other marketing and have stacking benefits that raise the tide of your system as a whole. 

If you need help or have any questions, feel free to reach out!

Post: Distressed Property owned by USDA....

Tyler VanDerzeePosted
  • Real Estate Consultant
  • Newark, DE
  • Posts 7
  • Votes 2

Hey @Jim Meloche, I saw you never had a reply on this. What was the outcome? I am in the same boat right now and was wondering if I could contact the USDA directly to work out a deal. 

Post: Portfolio Transfer

Tyler VanDerzeePosted
  • Real Estate Consultant
  • Newark, DE
  • Posts 7
  • Votes 2

Hi all,

Topic: Looking for some advice regarding the transfer (sale) of SFH properties from a family member.

Background: My dad owns 16 properties through an LLC currently and is looking to sell them. The properties were all acquired between 2002 and 2010 and on average are worth less now then they were when purchased.

Question: What routes are available to acquire these properties at a "fair price" without my dad taking a loss?

Post: HUD Appraisals

Tyler VanDerzeePosted
  • Real Estate Consultant
  • Newark, DE
  • Posts 7
  • Votes 2

@Rob Moore & @Greg H. 

Thanks for the help! Good on the utilities end.

Lender repairs - we have a work around in place. But now this goes back to my original question of what will make this not pass? I'm including my list below for anyone that might be willing to take a look. 

Deed - is being conveyed with a warranty, so I should be good there as well!

  •  1.2.4 Check master bedroom window for leakage during a heavy rain
  • 1.2.5 Replace wood beneath front door – paint
  • 1.2.7 Replace missing rake wrap and board
  • 1.2.8 Add graspable hand rail to deck
  • 1.2.11 Fix hole in living room floor
  • 1.2.12 Add handle/lock to sliding glass door
  • 1.3.3 Repair holes in damaged shingles
  • 1.3.4 Repair ridge vent
  • 1.3.5 Repair nail pops at top of front ridge
  • 1.3.6 Install ridge vent end caps
  • 1.3.7 Check roof during a heavy rain
  • 1.3.8 Replace sheathing at peak
  • 1.4.2 Inspection of water heater by HVAC professional – replace?
  • 1.4.5 Replace sprinkler head
  • 1.4.16 Repair kitchen sink leak
  • 1.5.2 Test/fix doorbell
  • 1.5.2 Replace stove
  • 1.5.3 Repair outlet with loose/intermittent contact by foyer
  • 1.5.5-9 Inspect, label, certify main panel box; check all receptacles
  • 1.5.11 Check all receptacles
  • 1.6.2 Furnace needs inspected
  • 1.6.11 Furnace needs inspected – replace?
  • 1.6.13 Check all registers and returns
  • 1.6.14 Heat exchanger needs inspected
  • 1.6.17 Clean/Inspect – AC, Furnace
  • 1.7.9 Replace cracked window
  • Fix dishwasher leak

Post: HUD Appraisals

Tyler VanDerzeePosted
  • Real Estate Consultant
  • Newark, DE
  • Posts 7
  • Votes 2

Thanks for the guidance. 

Greg - I am/was under the impression from my loan officer that the appraisers that handle USDA, FHA, and 203K appraisals are HUD appraisers. Judging by your response, it seems that is not the case.

How can I know for sure if the property is a HUD property as you mentioned? The deed lists the current owner as: RURAL HOUSING SERVICE ; US DEPARTMENT OF AGRICULTURE

Post: HUD Appraisals

Tyler VanDerzeePosted
  • Real Estate Consultant
  • Newark, DE
  • Posts 7
  • Votes 2

Hi all, I'm a new investor working on my first deal. I am going with USDA funding and I am at a point where they want to send the HUD appraiser out. Since I've already had the home inspection, I have a laundry list of needed improvements. With that said my question is:

What specifically does a HUD appraiser look for during the appraisal?

I don't want to go and fix everything on the list from the home inspection if I don't have to. But I also don't want to have the appraiser find something that needs to be fixed because the property is being sold "as-is" and the bank won't make any repairs. Let me know if it's easier to list the specific repairs that I have questions about and I will!