All Forum Posts by: William Wright

Trying to time the market isn’t far from coin flipping.

The best defense is to buy actual good deals. Not $12/mo cash flow deals, or $5k flips. If you are concerned about the turn, buy fat deals.

I always get hooked by lead propellor and investor carrot whenever I read about them, but, I consider myself woefully uninformed on the true cost of these sites.

Obviously, just having a website doesn’t create leads. Looks like the websites are $150/mo or so. What is the true spend on these sites when you incorporate PPC? Obviously it depends, but is there a minimum you will have to spend?

Depends how many houses are included with the $40k.

That’s the funniest most illegal thing I’ve ever heard. Tell him he should keep his W-2 job, his real estate career will be short lived.

Go to the neighborhood and take a walk. See if the hair stands up on your neck at some point. I would never say crime is a ‘gut’ thing, but you can definitely feel it out to some extent.

Check with local investors or property managers. I recently looked at a property where a property manager friend of mine said, “are you trying to buy some crack?” Experienced property managers can usually tell you in 30 seconds if an area is too hairy.

Trades. Plumbing, HVAC, electrician. When done well, those guys laugh all the way to the bank.

Hey y’all,

I have a list (500+) of vacant homes with compliance issues in the last 12 months. I’ve paid someone on Fiverr to go through and append the last sale date, and now I’m wondering what else I could append to qualify the list.

My thought was last sale date would help me quickly see if another investor picked it up recently, or if the owner has been there a long time. At least it would prompt me to investigate further either way.

Does anyone know a site that would append owner equity for me? Would love for it to be cost effective too. Doesn’t have to be the cheapest thing around, but don’t want to spend $1/ record.

So, I guess my question is two fold. 1) what would you append? 2) how/what site would you use to do it?

I’ll primarily be reaching out via mojodialer.

Thanks!

As a guy who had 6 roommates in a large SFH home in college, I would recommend leaving utilities all in their hands. A roommate will collect payments way better than you will be able to.

Also, life proof LVP floors. Bullet proof. Granite counters. No carpet. Good gosh, no carpet. When we lit off bottle rockets, they would always singe the carpet.

If we refer to ourselves as slumlords, maybe the plumber will come down on his price...

@Ron S. That’s so strange. It seems like all I see are notice of sale or notice of hearing in the paper when I dig into county papers?

Thanks for all your help, I really do appreciate it.