OK, this is nuts! Remember the last post I made about starting a page from scratch targeting a new city and getting leads from it? Remember me telling you I was not sure how long it would take? Well, Got A Killer Lead In 3 Days!
But there is more!! Not only did we get a lead, but we also bought the damn house and we are now ready to flip it! whaaaaaaaat???
Dudes seriously.. I had no idea it would go so fast. After I posted the last entry I focused on getting that page up and running (from Scratch). I did all the SEO (on the page and off-page) I could do (long term ranking), and then I placed a few Craigslist ads (as I talked about in the previous post) to instantly drive traffic to my site. Someone took the bait, followed the link to my site, liked what they saw, filled in the form, and after a walkthrough, negotiating, and a handshake, we bought a house in Putnam.
Here are the numbers.
- Purchase Price $XXK (not willing to disclose this.. sorry)
- Rehab Estimate: $105K
- ARV: $250K
The house is in bad shape. Actually not so much that it is in bad shape, it is gutted. Which is great for us. This is a typical investor’s dream house! The owner needed to sell fast. They were in dire need of cash so because we are reputable, have our own cash are honest and awesome we won them over and they decided to do business with us!
How Did We Buy A House So Easily?
Well, that is the “thing” right? There is no secret formula to this. Someone needs to sell their house. That someone will choose the investor that they feel can deliver. And that is what we did.
So the “secret” is simply this. You need a good website host. Then you need to design the website in such a way that when a motivated seller lands on it, they are won over. And let me give you some inside info here. Pretty clean good looking websites… DO NOT WORK!!!! Don’t ask me why. I have found that the messier the site works better. So, of course, I did not like that. So I made a compromise between the “messy” look, but still nice-looking… I guess it worked!
So, We chose to target Putnam CT because it was an up-and-coming city with great potential. It is far enough from the “current” high competitive areas other investors target, and thus there is not a lot of competition.
So I set up a motivated home seller site targeting Putnam Connecticut and wrote highly targeted original content.
I also used the ads provided by Investor Carrot, to drive traffic to my site. As our site looks pretty different from anything that is out there, and our style is also very “real” (meaning you see Dixie and I just being genuine on there, with mistakes bloopers and all), it just resonated with this seller.
The specific add I used I will not share, (sorry but lately many of my followers started flat out copying my site, style and look of my site and that is not cool!), but any ad from carrot will work. These people really know what they are doing.
Find the ads here:
As promised. I will continue this adventure on my House Flipping Blog, called “ThatFlippinHouse“. Exciting… no?