Marketing to Buyers and Sellers

Hi everybody,

Today I drove around in an upscale neighborhood that was built in recent years. I found no vacant or run-down homes there. But in a nearby older neighborhood I quickly found two vacant houses!

Generally, is it better to concentrate only on older neighborhoods? Shall I keep driving around in the newer upscale neighborhoods as well?

(I'm looking for vacant homes in need of a buyer!)

Does anyone have a good prototype of an NCND Agreement that they can email me? I'm shopping around for a simple one that covers all the bases. And at what point do you insist that your prospective buyer/seller signs the agreement? Do you request that EVERY person you approach regarding a deal signs this? My practice is to present a deal with numbers only, generalities at first, but do not disclose property location/address until after we have the Non-Compete signed. Am I right in this?

ATTENTION……….THIS WILL GET YOU RESULTS……..

Hi everyone!! My partner and I just started getting into wholesaling investing. We are in the process of getting our LLC registered with the state and are very excited to get started!! We are brainstorming right now on what message we should record so that when we pass out our business cards targeting investors can dial the number on the card they get a good idea of who we are and draw them in. We are at loss at what else to include or what we should say. I've read a few of the sample messages in Dean's book but I feel that they are mostly targeting Retail Buyers when we are trying to target Cash Investors...am I misunderstanding the message in the book or the concept of investors who use wholesalers?

Okay people, I know DG is all about using automation with the automated hotline. I am a big fan of it as well and have been using it for over a year now.

However, 99.9% of the big time local investors and many other guru investors I have done courses though preach extremely hard against using an automated phone system.

My lead generation has dried up substantially. I have a 888# and a very detailed in depth automated answering system. If is super convenient for me but not so much for sellers.

How does everyone feel about this topic and if people have tried both the automated system and your cell/work number, what got better results?

Thanks.

This was just sent to me:

"Reduced 12 unit complex, asking $269000, Cash Price OBO.

9720 SF, 2/1 X 12, brick, Central HVAC, .71 acre lot w/paved parking. Complex is fenced with park in rear. $395K tax value, $5-7K rehab (3 vacant units)

currently 9 of 12 units are rented (8 @ $465 and 1 @ $485). 2 are 100% Section 8.

2010 taxes $9577
2010 water $4982 (included in rent)

18% CAP RATE AFTER TAXES, INSURANCE, WATER"

Zillow shows it for sale at $275K, but no estimate given. Totalview has no info either except tax assessed in 2009 is $395K.

Does this sound like a deal that you seasoned guys would make an offer on?

I found a great 3 office/1 floor bldg and I finally got the nerve to pick up the phone and call both owners (divorced) and their attorney as well. The ex-wife is willing to assist finance her 50% share of the property and when I spoke to the Mr. he was shocked!! But is willing to cooperate if the price is right.

Details:
3 offices in 1 dwelling, parking for 29 cars,needs at repairs between $25k-$35k, and the asking price was $900k 4 years ago. Asking price is $500k.
The location is a great vicinity in central Florida that is 1 mile from a major hospital and highways, very busy vicinity with offices all around.

Good evening, DG fam. If you are looking for a rental immediately available that needs very little renovation and is in great condition, I have a property I'm looking to sell for $19,000. If interested, p.m. me for complete details. This is truly a steal for the price being offered!

Nicole

Ok, so i put a new ad for investors/buyers...don't know if it's a coincidence or not, but i got 2 emails from people who have a house for sale they want me to buy..should i follow thru?

here's one of the emails:
**Read your craigslist and I have a home for sale which is ideal for a flip r hold. My brother and I owe the home, an all brick ranch, w/ hardwood floors (in great condition, carpeted since new). 2-3 bedrooms, partially finished basement, carport, on and off street parking, located in S. Allentown near Emmaus. Lovely, quiet, good neighborhood. Home appraises for $125-130K. Needs updated kitchen and new paint.

If interested, pls email me.**

Advice?

Thanks

Linda

Does anyone have any suggestions on where to purchase blank yellow 24"x18" bandit signs for the cheapest price? We have found them for ~$`1.10/sign

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