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22 November 2024 | 92 replies
I hope your not purchasing these at high LTV and expecting positive cash flow.
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25 November 2024 | 23 replies
I still want to get them to come over to website and get on a list, so I can educate them on certain housing and real estate issues.
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21 November 2024 | 11 replies
Quote from @Scoop Schneider: 86k principle 7.5IR 360 months 800 credit score 1st position Put it on paperstac. my guess without dropping it into any calculator would be its worth $50-$70k assuming property value is above $100k
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22 November 2024 | 14 replies
Focus on your current sales position and continue building on that.
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21 November 2024 | 20 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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20 November 2024 | 0 replies
In a dream world - the comprehensive solution does all this: *task management and sequencing where you can drop a property into a sequence ie day 1 call, day 2 mailer (have it automatically mail out something like a postcard) day 3 etc etc etc*project management outside of the outreach sequences for what's next in the process ie schedule inspection, send the contract, etc etc*ability to have multiple users drive around and if you see a property you can tag an address and add it into a marketing sequence, and also track the streets you've hit so you're not wasting time driving by the same houses more than once *dialer (ability to parallel dial numerous numbers simultaneously to make cold calling more efficient - Ive used tools like orum and kixie in other industries, and when you receive a pickup, the other calls are dropped) *skip tracing/data provider *website landing page for converting online visitors to leads*electronic signature/docusign*secondary branded landing site on different URL for blasts for deal disposition to your buyer listWhat am I missing?
15 November 2024 | 4 replies
These are the keywords that stand out to me in your question:sources, websites, best deals, systems, step by step, factors.You are focused on all of the wrong things.
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13 November 2024 | 15 replies
They asked, “why do you care about junior lies when you are in first position?
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26 November 2024 | 44 replies
You just need to know how to rank #1 on Google and make sure your website converts.
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20 November 2024 | 12 replies
Even if you decided to do MTR or STR, you would be hustling just to be net positive.