jesmar424

I'll take some feedback on my site too if you guys don't mind. www.jm3properties.com

Congratulations Naked Investors! Craigslist has finally listened to all of our complaints and created separate listings for 'by owner' and 'by broker'. It is so nice to be able to sort through all of the ads and not have 9 out of 10 be listed by a broker. Time to start hammering the marketing again!! Happy Hunting!!

well?? Was this just a big tease? Are you going to put out for us or what??

michael - how do you handle the paperwork? What is the process?

I'd love to learn some new ideas. Hook a brotha up!

I have one in the works as well. It's so nice 'educating' realtors.

I've like the idea but I'm very curious, why are you setting up a new website for each property? Thanks Mark

Sending emails only takes about an hour a day. I spend every Sunday sending out emails and then wait for the responses to trickle in. I'm just wondering if you would actually be able to find someone to do this. On the other hand if you want them to make calls for you then that makes total sense. I actually had my father make calls for me when he was unemployed and I payed him 10% of any profit that I made from any deals that he setup through cold calling. He didn't get rich from it but a couple of hundred extra bucks never hurt anyone. Good luck.

I LOVE IT!! What exactly does the "invitation pack" contain and what "details" do you send to them? Is "Kristy's" phone number forwarded to your cell? Nice trick. I love how your letter ads the sense of urgency. Thanks for the pointers.

I've been emailing this letter to a few mortgage brokers that advertise on free sites with a little success so far. Anything the more experienced people here think I should add or take out? Thanks Hello, Please allow me a moment to introduce myself. My name is Mark. I am a partner with a company, _____________, which specializes in Lease Purchases. Presently, we have a few homes that are available on a lease option basis. The reason that I am contacting you is that I am looking for additional relationships that can create win-win situations for everyone. As I am sure you are aware, today’s market is making it tougher than ever for families to get approved for a loan for the home of their dreams. This is where we can help. We can get these families into our lease option program where, in a rather short period of time, they can clean up their credit to become credit worthy enough to get approved for a traditional mortgage. It is at this time that we would refer these clients directly back to you to provide them with the mortgage program that works best for them. Please feel free to email or call me directly at 555-555-5555 to discuss this in greater detail. I look forward to speaking with you. Mark P.S. If you are not interested in discussing this further please disregard or feel free to forward this email to any other mortgage professionals that you feel may be interested in retaining more clients. Thank you.

Are letters 2 and 3 coming or was that just a tease for, "Come to my boot camp this weekend for the rest!"? TAB

Tony and Doug, I would not be paying the realtor as a realtor. I would be paying her company. But either way it should be ok.

I typically work off of handshakes as well but this woman has been burned in the past and wants to cover her bases. Thanks

I just made this up. Would this be sufficient enough? Thanks for the input. JM3 Properties LLC agrees to pay ______________ 15%, with a maximum not to exceed $500, hereinafter referred to as “referral fee”, for any lead that results in a successful transaction to secure the property for the purposes of a lease purchase. Referral fee shall be paid solely from any upfront money that JM3 Properties LLC collects from tenant buyer. Any profits made by JM3 Properties LLC after the initial collection of monies from tenant buyer including, but not limited to, rent, equity, etc., shall not be applied to the referral fee. Additions? Redactions?

What exactly is the referral agreement and why is it a pain? The realtor, whom I just recently met, is also an investor. The plan is for her to give me the expireds, then if I make a deal to pay her via her LLC that she has set up for her real estate deals. Would we still need the referral agreement or could we just draft an agreement saying something like I plan to pay her x% from any leads that she brings me? Thanks for the help.