My partner and I go out every few weeks to put out bandit signs. In the past we would put them up using metal H-Stakes or hang them on telephone polls using a sign stapler. We found that the signs would only stay up for as little as a week end in some areas and a max of a month in other areas. The signs we H-Staked into the ground would either get blown down by the wind, covered by snow …
Deal #4: Payday!!!
I just got word from my partner that the assignment papers have been signed and our check has been handed to us! This is the 3rd payday for me and the 2nd one this year (new record). Like I said before, this deal resulted in the smallest paycheck to date, but who cares right? Not every deal will be a home run. I say, in the beginning of your career beggars can’t be choosers, so TAKE THAT MONEY! Some big players …
Is Your Response Rate Better Then Mine?
One thing you should always keep track of when sending out direct mail is your response rate. Over the past year, I knew I got phone calls from my mailings but I never really knew how well or poorly my letters were getting people to call. I also had no clue as to what percentage of people where calling off the first letter, second letter or third. So I wrote up a quick script to pull the data from my …
4 to 6 weeks for a title search???
Everything is moving along with the second try at deal #4. We are just waiting on the title work to come back. Actually it turns out we are still waiting on the original title work to come back from before we cancelled the first contract on this house..haha The title company said they had been waiting on information about a tax lien and that it would take a total of 4 to 6 weeks to get that information back. …
Hamilton House Deal (Deal #4) is back in Play
A few days ago we got a call from the realtor of the Hamilton House and they were interested in negotiating a new purchase price. So for all those people who told me that would happen, you were correct! Even though the sellers were not willing to go as low as we originally wanted to go we were still able to get a price where my partner and I could make some money. The important part in this entire deal …