All Forum Posts by: Chris Kennedy

I know a fellow investor who does about 1,000 mails out fors 2 deals a month. He makes about 1k-4k/deal. He does this as part time work and has his process mostly automated.

Hello everyone,
I've only had a few leads come from "bird dogs", however I thought I might chime in. I think their payment really doesn't matter as much as having the numbers work for the investor (you). An example of this. I had a birddog call me about a fire-damaged house he could get for $40k that was worth 325k. He was upfront about the purchase price and was firm at wanting $10k. Keep in mind this guy didn't know what an option was at the time. I gladly paid him the 10k and later showed him how to protect his potential deals in the future from others. He has been trying to bring me deals ever since.

I think a majority of people forget about the deal after the deal. Sometimes when you take care of someone when you don't neccesarily have to you gain them as an ally. Our contractors, appliance installation people, and carpet installers love us. An extra $20 tip goes a long way and they remember that when they come across a house that might be a good deal later on.

As for paying for leads, I feel like that is counter productive. The only leads you want to pay for are "good leads", (Equity, owner finance, cash deals, etc) and most people don't know a good deal when they first start out. Once they learn they become wholesalers. I'd rather pay a few thousand for a fish then $5 for a lead they couldve sold to someone else too.

I know this is an old post, but anyone want to share their GC contacts? We lost our old one due to relocation. :(

I agree with Michael. You are fine, I use Vista Print for my business cards. I would strongly discourage putting a company name on the business cards if it is not formed yet though. I've gotten tons of business cards over the years from investors without company names on them. In Florida, LLCs can be formed in less than 10 minutes online for less than $300.

Thanks, everyone.

Glad to hear your success story! Where in Riverview is it located? Was it a SFR, condo, townhome?

Hello,
My name is Chris and I've been reading posts on BiggerPockets for awhile. Up until recently, however, I haven't partcipated as an active member.

About me: I currently have a small portfolio of a few rehabs and rentals in my area. I am a cash buyer, and always looking for good deals on SFRs, block homes, built 1970+, in the Brandon, Riverview, Valrico, Gibsonton, Apollo Beach area. I would love to do some networking with others in the Tampa Bay area. I am familiar with option contacts, lease options, contract for option, foreclosures, short sales, reos, etc. I have a finance & economics background.

If you get a chance, leave a comment and say hi,
Thanks!
Chris Kennedy
Kennedy Investment Properties

I've heard of investors doing this in my market, with a decent success rate.

Any update on this deal? How did it end up working out. I live in Riverview, FL so I'm just curious.

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