All Forum Posts by: Shawn C.

I think this is a great post and I have learned a few things just by reading the responses. I would like to say that even though spending $18K in a twelve month periods sounds expensive that breaks down to $1,500.00 per month. And hearing that you made about 80K can sound a little disappointing because one would hope for more or expect more from spending 18K on marketing, I think you did quite well. If you think about it this way, for every $1.00 you spent in marketing you made a little over $4.00. I think that is a great return. If I had your marketing budget, I think I would increase it if not double it.

Just something to think about and again thanks for posting this topic.

I am in Austin Texas which is just down the road from San Marcos. I don't attend the auctions but I do try to get the properties before they go to auction. If you are wanting to expand to Texas shoot me a PM or email me directly at [email protected] We can see if we can find a way to work together.

Good Luck!

I really think it depends on what their motivation is. I am curious to see why they are willing to sell you a property they have listed with an agent. Personally, I never try to get a property that is listed with an agent and attempt to wholesale that deal. I feel it is bad business all the way around.

Now a homeowner that his in a distressed situation and as their house listed with agent, I may talk to that agent and see if we can come to some sort of mutually beneficial agreement. An example would be, if the homeowner is headed to foreclosure and either they are not going to be able to sell their house before the sale or they have not told the listing agent about the pending foreclosure. In that case I talk with the listing agent (with the homeowners permission) and explain the situation. I let the listing agent know if they release the homeowner and I purchase the house I will use them as the listing agent when I resell the property and they will make more money because the house will be worth more. I also tell them if I wholesale the property then a condition of the purchase is they use the original agent for the resell of the property. If that won’t work then I will pay them a marketing fee. I can usually convince an agent it is better to get some money than no money at all.

This is just an example of what I have done in the past and every situation is different but I can be quite creative also. I also honor all my agreements and that has helped my business and my reputation both personally and professionally.

I am located in Texas. Specifically, the Austin Texas region. Do you guys service this area?

Please email me your loan information to [email protected]. I am a real estate investor located in Austin Texas and I do projects in Austin and the surrounding area as well as the San Antonio Texas area. I am always looking for additional  sources to fund my projects.

Thank you everyone for your assistance, it is greatly appreciated.

@Colleen Chapin

That is exactly what I want to do. Thank you for the link I'm sure it will be of great assistance.

How do I market to a specific neighborhood within a zip code? Once I know that I then can play with my list and narrow it down to amore specific criteria. I just don't know how to target a specific neighborhood within a zip code.

Any assistance is greatly appreciated.

Hello Alex,

I am located in Austin and I'm interested in the property. Please email me at [email protected] should you have anything of interest if this property is gone.

Thanks,

Shawn

I am looking for properties in the Austin, Texas area.