All Forum Posts by: Will Clark

I'm a partner at Launch Control and a former Batch user. Like others have said, Launch is the leader when it comes to text. I have a personal sign-up link, so if you decide to make the switch, use my link! It comes with all of my outbound and drip campaign templates, which have taken over 100 hours to build out.

Hey Ray, welcome to the journey! It's cool that you and your fiancé are diving into RE investing together. A strong support system makes a huge difference. Since you're just starting, I'd check out Launch Control for outbound SMS. It's the cheapest marketing channel with the highest ROI, and it's great for just starting out because of how many conversations you get to have and how many deals you get to analyze right off the bat. I'm a partner there, so if you use my sign-up link, you get all of my outbound and drip campaign templates, which have taken over 100 hours to build out. And, you get two free meetings with me to help set up initially, as well as an optimization call towards the end of your first month to fine-tune based on your own results and data. I can also supply best in class skip tracing, so I'm happy to help on any front. Hope we can connect soon!

Propstream skip tracing is pretty bad, which is unfortunate considering I really like the rest of their product suite, and think it is a must-have software for wholesaling. As mentioned before in this chain, door knocking is an option, but it's not one that I was ever willling to do at any scale. Text and Cold call are going to be your cheapest options and probably the most helpful to start with. Because they have low conversion rates, you are going to get into a ton of conversations and deal flows to give you experience. Once you feel like you are a top-notch closer, or have hired someone who is, then jumping into the expensive but more scalable marketing channels- such as PPC - becomes a good option. 

Until then, I would recommend NOT using propstream for skip tracing. Holler at me if you want me to share my skip tracing contact that I've used the past three years. He is great. 

Secondly, either individually dial / text the records you have skip traced, or get going on an outbound software like Calltools for calls, or Launch Control for text. I use launch and am an affiliate partner there, so can get you some cool perks if you sign up through me. Hope this helps and reach out if you want to talk more!

This is not exactly what you have planned, but if I were in your shoes, I would convert a retirement account (IRA / 401K) to be self directed and become a private/relationship lender. This is more active and real estate investor-like than just parking money in a syndication. Let's say you have 100k in an account, revolving this 100k 2-3 times a year to flippers should result in some outsized returns with lower risk and time burden than investing. Right now for our flips we are paying pretty close to 10% flat per deal with average timeline of 4 months. The interest is Annual based but when paying points up front and fees, these lenders are making 10%ish per deal we do. Revolve that three times in a year and you are looking at 40% annual returns. As a high income earner that can afford to continue to stack and scale, not to mention tax benefits and income sheilding of whatever retirement account you are using, this seems like the option I would want to grow.

 Hey Staci, you can definitely improve from Data Zap, shoot me a DM and I can give you who I use

 Yes, I do. Shoot me a PM and I'll give you the contact!

 Sure do, have been using for 3+ years now and still think its the best bang for your buck out there.

 We white label one of the leaders in the space - also have an algo that scrapes the free data from the web if nothing is found through the original search. We charge 12-14c per record for the same data that our provider charges 15-18c for through their storefront.

I'm grandfathered in to the lower pricing of the past (was originally like $850 for their top plan, and I had 36k a month plan) - and they allowed me to add an additional market (which adds additional 36k a month) for a discounted rate. They are very good about working with pricing once you have been with them for a while, which is another reason I really like them. Talking with them now about the enterprise plan, and it seems promising price wise. Even at $1,500 a month, that is really really cheap considering 50k messages should bring 1-3 deals a month. @Ahmed Habib happy to connect to talk more if you'd like!

Volume play is the easiest path. Sniping the ultra-motivated lists is an option, but very saturated and likely you will have large gaps in your pipeline and dealflow. Find a scalable marketing channel while continuing trying to pick off the forclosure and other motivated lists.