Jump to content
The forums have been archived and are now read only. Years of great info saved for your reading pleasure. Thank you! Visit us on Facebook: https://www.facebook.com/NakedInvestor/ ×
The Naked Investor Forums

randian

Members
  • Content Count

    293
  • Joined

  • Last visited

Community Reputation

0 Neutral

About randian

  • Rank
    Wheelin' and Dealin'

Profile Information

  • Gender
    Male
  1. I thought by "avoiding" you were implying that SE Florida is so much of a seller's market that deals are few and far between. Certainly not enough to live on by itself.
  2. So you've abandoned doing local deals? How much more effort and how much less profit are the remote deals? Lower property values must mean much smaller option consideration.
  3. That acquisitions guy is gold if he keeps sending you leads. I'm not so great talking to people either but I'm a super-expert at not finding motivation. Either they want $20k up front to even consider LP, act ignorant and offended at me not being the end buyer, or want me to break the law ("I won't sign a contract but bring me a buyer and I'll think about it"). I'm also expert at sending 50 emails and getting 0 responses (not even angry indignant ones).
  4. Once you strip out the stealth realtor ads and repeats I don't think there are anywhere near 200 distinct sellers at one time on craigslist. I doubt I can identify 50 different ones. A 1/4 chance of a deal is depressing. I'm also assuming that CL isn't silently refusing to forward your emails after you reply to a bunch of ads.
  5. Is this new site a useful source of LP leads?
  6. What kind of response rates are you getting? For example, email 200 to get 5 positive responses to get 1 deal.
  7. And how many hundreds of sellers do you have to call to get one? The manual mentions this as a deal source but sellers are so preconditioned to see you as a spammer. Obama's **** 3% down BS, which will cause another housing bubble just like the last, isn't helping things.
  8. Not yet. I'll ask but I'm not optimistic. I'm also wondering what this software does for throttling emails. As I'm sure everybody knows, if an email account sends email "too often" to any Craigslist anonymized address those emails will be discarded and that email address blacklisted for a period of time. I've seen other, far more expensive, solutions say they only send one email every 5 minutes, for example. I'm looking for an automated solution like this because I've realized 99% of all the FSBO listings on Craigslist are spam, primarily hidden realtor listings. Sifting through hundreds of listings manually to find one potential lead takes huge amounts of time, and there are hundreds of new listings every day, many from software autobots copying old listings to the top again because, again, there's so much crap you can't stay on the first couple of pages more than a day if that.
  9. This seems to require a Microsoft Windows machine to work. Is there anything like this that either works on a Mac or is a hosted web app?
  10. What do you mean by "minimarket" and "maxi market"?
  11. I think the buyer would be confused by this response.
  12. "Maintain standard of living" Yeah, I believe that. If that's what they're doing, then order the water yourself (no change for new tenants and advertise "water included")
  13. I'd say Craigslist is too. 99% of the FSBO CL ads are from realtors. They show no respect to CL's terms of service, and CL never sanctions them for violating it.
  14. How are you getting so many good addresses? I don't think I even get 20 per day. Well, there are hundreds, but those are just realtors spamming the FSBO board, which homeowners seem to have figured out because they don't use CL much anymore. Their ad would get thrown off the first page or two in 10 minutes or less due to all the realtor spam. I find realtor's disrespect aggravating, but CL doesn't seem to care no matter how much you complain, and neither does the board of realtors. Their strategy is obvious, however: make non-realtor methods of selling useless.
  15. If you aren't an investor, what do you call yourself when you get the inevitable "what are you?" question? I'm curious what you say to get people to think you're not doing this for your benefit. I get lots of pushback once the owner realizes I'm going to make money. That's partly greed of course, but in addition far too many people have been conditioned to think that profit and help are mutually exclusive. They curiously don't seem to think that way about plumbers or realtors, as if the commission a realtor gets isn't "profit".
×
×
  • Create New...