ellis
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Posts posted by ellis
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So I am moving out of state in a few weeks and I am in a bit of a situation. Should I market in my current area or start to focus on the new area am moving to....I am moving from the west coast to the east coast. I do a lot of calls to FSBO and FRBO so if I get something in my current area, I wont be around anymore. If I get something in my new area, I wont be there for another 3 weeks or so....what should I do?
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I am making calls....never used Bandit signs before
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wow.....great stuff Chris_MA. That def pointed me in the right direction
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Great Post Guys. My problem is I do not know what to say or email initially. Can someone give me some tips?
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Thanks Mike. I am glad I read your post. To be honest I was serously considering giving up on L/O options and real estate all together. I had a guy that was interested but kept asking me about my company website ( dont have one) and other deals that I have done ( havent done any). I kinda got scared and basically gave up...I figured everyone would ask those kinda questions. I even called my realtor friend\fellow inestor and told him I was going to quit.
I have just come to realize that I have not put in as much effort as I could so I think I am goign to keep going!
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So a guy just emailed me and said he was interested in lease Options. I hope I dont screw this up!!
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Well I emailed about 50 ( thats all I could find online for the area). Some just said they would sell it themselves. Others said they were not interested in L/Os. Some requested more info and when I sent it, they either stop responding back or say no.
I also had a few who asked for my website for more info...since I dont have one that killed the deal right there
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Man this sucks. I have had about 10 sellers respond back from my email campaign and they all said no. No wants to do a deal here. I am running out of ideas here..
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Of 2013....yay Me !!!!!
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well I got my first call today. i wasnt around so they left a voicemail. I hope this goes well. Also i had a guy email me and he basically said that he would only consider L/O if he didnt have to handle repairs. i think he may be up to it. ill keep you posted
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Do sites like owners.com block messages? I went to website and found houses for the area, I clicked on the e-mail seller button and asked if there were interested in L/O. I did this for like 20 houses but no one has responses back. I dont think they are getting through...
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for those of you have handwritten your letters or postcards how hard was and what was the response rate?
did you just get a blank template, write your message, and mail?
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so the realtor emailed me expired listings and there were
32 houses from Oct-Dec. I was expecting more but i guess this area is smaller than i thought. I think everyone is going through a Realtor here. I might try MLS next after i finish with the expired.
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I am still targeting those but there are not a lot of people posting those online from the area. The houses for sale seem to be by investors and everything for rent is apartments..I am not worried though. I am just going to shift to direct mail and door hangers. I have an agent friend that has agreed to send me expred listings
Does anyone here hand write there letters?
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Your right. I didnt know they were investors until they responded back. There are not many investors here and only one doing L/O but he only does it on low end housing. They all use CL. I have been reading this forum and I like the idea of Direct mail and door hangars so I might try that
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So I am noticing that there are not a lot of FSBO houses in this area listed online. When I check the various websites its the same 5 or 6 houses listed. All of the FSBOs on Craigslist are investors offering owner financing. I contaced them all and they are not looking to do L/Os. I think direct mail might be my best bet. I have a realtor friend and maybe I can get him to send me some expired listings...
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so i must say that i am a little discouraged. I emailed FSBOs this week and they all told me they are not interested or they ignored me. i dont like the idea of cold calling but i might try it
.....maybe direct mailing could work
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Thats what I did. Hopefully I hear back from them. Tomorrow I plan on contacting more FSBO. Hopefully I can get a deal done soon
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So far I have has 2 responses back. Not sure what to do next.. I just asked if they would consider doing a lease option
First response is
1. I'm assuming you have issues gettting a loan approval? How much money would you have to put down?
and second is
2. Perhaps, what is your idea?
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ok so i think i am going to start today by contacting FSBO ads. ....i am just going to jump in and worry about the other stuff later. but i do have one question. If a seller calls what specific questions should i ask to see if he would be right for a CA? how should a typical conversation go?
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i think i read somewhere to keep the personal phone and buisness phone separate. i just thought that was standard practice
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Ok.. So using KISS I will just go with
Ellis Properties...Lease to own Specialist.
Next is Facebook/Website and a new phone. After that I should be good to go...except for other things I have to get dealing with the Tx law of course
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ok...i will come up with something else
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yea it might be a little aggresive but how does the name sound? is it too cheesy
Virtual investing...sort of
in Marketing
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Thx!