Below you'll find a list of all posts from May, 2011
SI Lead Manager Beta 4 of Si Lead Manager (My custom lead management software) is days away from being released. There are some big improvements to the entire system as well as some new features that have helped me out immensely and I think will do the same for anyone who wants to use it. I’ve fixed as many bugs as I’ve found since the last version making this one the most stable yet. Some of the new features are… Dashboard …
The last two months of mailings have yielded some of the best response rates so far. I’m very excited about this and even more so because the quality of the responses have been good as well. I have been concentrating my direct mail towards Out of State owners and areas where Lance and I have been driving around and recording addressed of houses that look to have investment potential (I call these Driving for Dollar leads). Out of State Owners The Out …
This news deserves a post of it’s own… Lance just informed me that our offer on the Cracked (aka duraflame) House was Accepted! With a buyer in place already this looks to be our first wholesale deal. Contracts are being prepared as I type. More details will follow as we progress, stay tuned…
First I want to apologize for not putting out a Marketing Monday post earlier this week. I wanted to write up a post about how my mailers have been doing but just never got a chance to do so. The phones have been ringing off the hook this week after I sent out 200+ letters and we’ll at get a chance to view some more houses soon. On to the good news… MLS Access Resolution I finally got my MLS access activated …
Lance and I have been in negotiations with a seller on a 3 bed 1.5 bath house. This past week we (We meaning Lance) were finally able to get inside the house to take a look. Have you ever seen the show Hoarders? This place might fall a bit short for that show, but it was definitely a mess. The first time Lance and I went to the house, the owner was not there so we just were able to …
After getting another 20 “return to sender” direct mail pieces from the same list, totaling 40 now, I knew there was something I did wrong. After a little digging I figured out that I accidentally used the property street address with the owner’s city, state and zip as the recipient address. DOH! What a waste of $30 in stamps. So, how did I make this mistake? It was a combination of excel formulas and me being in a rush. I …
One of my most important tools for networking and meeting other real estate investors is this blog. It makes it easy for other investors to find me instead of me always having to hunt them down at REIAs or through other means. That’s huge because I don’t have a lot of free time after I get done marketing to home owners and dealing with the responses. Blogging isn’t for everyone, but you should definitely give it a try so you …
In my post last week (Real Estate License Stuck in Limbo) I figured out why my mls account was suspended and was told by the NCJAR that I needed to get my transfer forms filled out and signed by my “New” broker and include a $15 check. Well there seems to be more to the story then just that… I called up my broker and explained the situation to the nice lady at Realty Executives. I figured I’d be told …
I send out, on average, 80 letters each week to Out of State Owners and addresses that we get from driving for dollars. I get the mailing addresses from the tax records, clean them up a bit and then import the list into SI Lead Manager so I can print out the letters. The process works pretty good. Normally I would get 2 to 3 returned envelopes each week for a variety of reasons… No Such Address Left No Forwarding …