1/💰 Finding phone numbers others can’t. A short🧵

Skiptrace the property. You can use ReiSkip, Batch, TLOxp, IDI, LexisNexis and many others.

⬇️

Those that didn't yield results (3-6 phone numbers to call) are then skiptraced again using another software

⬇️
2/If that didn't yield results we append/enrich, meaning we use software like FullContact and others to add work phone numbers, work emails, social media profiles and other points of contact to reach out.

A VA or junior employee will usually do this.

⬇️
3/ Now we send the records we still don't have good numbers for (callers are going through the first two sets & calling all known phone #'s to see if they have a good number. If they don't, those records get recycled back into the original database) to a dedicate skiptracing VA
4/ These VAs have access to other databases and tools and can find some numbers we can't.

So we've skiptraced twice, found their social media accounts and used a VA who specializes in finding numbers.

What if we still can't get the number?

⬇️
5/ We can still do 2 things.

One, we can hire a private investigator. Licensed and bonded, fully official and compliant. Collections agencies, lawyers, insurance companies and many others do this all the time. They can help find a person you can't.

⬇️
6/ We can also have someone (or use software or do it ourselves) create a family tree for that person and then do these same steps (skiptracing, append, etc.) for close family of the person we're looking to find and ask them to connect us with the owner.

Hope this helps.

-end-

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Jake REI

Jake REI Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @_jake_i_am

8 Sep
1/ Want to use LinkedIn to get a lot more residential real estate deals?

Merrill @stillwell gave me permission to use his business as a use case so I'll share the play-by-play of how'd I leverage LinkedIn to buy more properties in Colorado ski towns for luxury redevelopment.

🧵
2/ A bit about Merrill's business:



The problem that needs solving, as with most investors, is how to buy more good properties at a good basis on good terms.
3/ Some background re this exercise:

Merrill's amazing. Lots of experience. He really knows what he's doing. He grew up in these mountains.
- I've been here 7 years. I know the area he invests in well enough, but ofc not as well as him.
- We'll use LinkedIn as the sole strategy.
Read 23 tweets
30 Aug
1/ How to Use Meetup . com, LinkedIn & YouTube to buy owner-isn't-even-thinking-about-selling, no-broker-anywhere-in-sight rental properties.

No cold calling. No direct mail. No brokers (because even the owners aren't thinking about selling yet).
2/ This is a true content marketing strategy so it does require the production of significant amounts of content.

It also works best with owners of multiple SFR rentals and small MF (2-20 units) owners.

However, you build an incredible moat & a marketing machine w/momentum.
3/ I think we can all agree that there are a lot of issues in the SFR & small MF rental space:

- Covid fallout
- migrations/changing tenant demographics
- managing rehabs
- tenant recruitment & screening
- pricing

that property owners and operators are facing.
Read 15 tweets
10 Aug
1/ Want to buy off-market properties from sellers who inherited property (probate leads)?

These deals are very profitable.

I haven't personally done this identical strategy, but I have done each of the pieces numerous times & very similar things. It'll work for sure.
2/ You can have someone run this for you. It's an entry-level / experienced intern skill set.

I'll even show you how to finance this so you're not out of pocket after 4-6 months.
3/ Create a Facebook group about inheriting property / wills / probate in your state.

Talk about best practices, local rules, state laws, customs, courts, judges, how long things take, fees, etc.
Read 11 tweets
10 Aug
1/ Lots of GPs & brokers say "become the buyer every agent wants to bring deals to".

But brokers bring deals to their favorite 5-20 buyers.

Your chance of becoming a favorite buyer in your market are slim.

Even if you do accomplish it it'll take years + even top brokers churn.
2/ If you're not investing corporate (family office + HNWI) money you chances of out-competing those who are are even smaller.

Plus a broker's interests aren't aligned with yours. They don't make more money by bringing you a better deal so many focus on dumb money.
3/ Work with brokers, but make sure you know it'll take a long time & you might do some deals you don't love just to prove you're a legitimate buyer in your market.

Also, build your own acquisitions strategy and rely on that. You have to have control over your own deal pipeline.
Read 4 tweets
8 Aug
1/ Many real estate investors who want to buy more rental properties talk about 'pulling lists' or 'building lists' of homeowners who are in some sort of distress.

This way can work well, but there are others.

Here's one that works well now for buying off market properties.
2/ I'll start with my quick definition of off-market:

A property the owner did not really intend to sell before you reached out to him.

The owner has a need to sell but did not have the intention & thanks to you contacting them they are now going to sell.

That's-off market.
3/ Identify 3 neighborhoods you want to buy in 1 market.

Each neighborhood will statistically speaking have 1,500-3,000 houses. Let's assume 2500 per neighborhood.

So in 3 neighborhoods you'll have 7500 households.
Read 16 tweets
5 Aug
1/ A quick thread on buying even more properties in alignment with where the market is at right now

Create a little resource for owners of construction companies and fix and flippers. It can be a FB group or a texting group with a piece of advice a day. NOTHING fancy.
2/ You can provide info about material pricing, new city ordinances that affect them, investor intros (to folks you don't need to raise from), etc. etc.

We're in that stage of the cycle where flippers are not able to deliver projects they took on.
3/ You can see this in local investor Facebook Group every day.

Usually something like "hey, I started this but I've got 3 other builds at the moment and I need someone to take this over".
Read 5 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!

:(