Home Customize Instructions Contact Category 5 Category 6 Category 7   Home Search Contact Us
Frequently Asked Questions



Advertising

Why do you seldom see advertising from JP Lumbley & Associates?

Advertising may be the lifeblood of residential sales, but it is not a very effective method in investment property sales.  Buyers seldom, if ever, buy the property they call on...that's an axiom in residential sales.  They will call on one property and maybe buy another one. It works the same in investment sales.

Advertising benefits the broker, not the seller.  Advertising builds up the broker's market presence.  More importantly, it builds up the broker's list of buyers.

There are many ways of building up a portfolio of buyers  that are much more effective than advertising.  Most professional buyers buy more than one property.  Mostly, they have bought properties in the area already, so they can be located by deed transfer records, MLS records, and records of comparable sales.  This type of marketing is more difficult for the broker, but it is more likely to lead to a deal.

When we find buyers using these more difficult methods, they are more  qualified than prospects calling on an ad.  Anyone can imitate a real estate buyer on the phone.

I'd say that 95% of all responses to investment property ads are "seminar folks" who just got out of a Carleton Sheets seminar and want to buy properties for 70 cents on the dollar and nothing down.  No offense to you beginners.  We all start somewhere, and if you're just starting out as an investor, you'll find lots of agents who want to sell you properties.  But our method only works if you're a pro and have done this before.  If you're just starting out, you won't be willing or able to move with the speed and decisiveness that you need to play in this league.  Stick with listed properties.

 

 

 

 

 

 

 

Hit Counter

CLICK ANYWHERE ON THE MAP for an explanation for what all this is doing for North Oak Cliff investors. 

North Oak Cliff is experiencing tremendous changes as a result of the Trinity River Corridor project, the Calatrava Bridges, and the 3 major TIF (tax incentive financing) districts in the area.  Under the TIFs alone, plans call for demolition of around 3,000 obsolete apartment units and replacing them with new townhouse, single-family, condo, office and retail developments.  The map above shows the locations of several properties that have been demolished and which have developments beginning.

 


How our marketing program is different

 March 4, 2004

One of our most common new-client questions is, "How is your marketing different from everybody else's?"

The income property market is a very fragmented market.  Very little MLS activity.  Few centralized listings.  In order to research and locate properties that make sense, we utilize a sophisticated, in-house computer database of all multifamily properties in the area.  This database interfaces with our marketing and analysis software in such a way that it allows us to zero in on likely prospects.

 It goes a lot further than just sending out mailings to area property owners.  For example,  we're able to concentrate on property owners who own multiple smaller properties.  You can't do this with other people's databases because you only see one property at a time.  To do more sophisticated searching, you've got to have your own database system.

Joe "wrote the book" on computer database systems, so you shouldn't be surprised to find the most sophisticated data mining operation in the area at JP Lumbley & Associates, LLC.

Detroit Lions Lodge Gloves,Men's Seattle Seahawks Pro Line Navy 2-in-1 T-Shirt Set,Miami Dolphins Toddler Color Block Adjustable Hat - White/Orange Wholesale NFL Jerseys.Men's Tennessee Titans Brown Flip Flops,New Era Kansas City Chiefs Two-Tone 59FIFTY Fitted Hat - Red/Black,Preschool Seattle Seahawks Fan 12 Nike College Navy Game Jersey.Mens San Diego Chargers Pro Line Navy Blue Reversible Hoodie,Women's Tampa Bay Buccaneers '47 Red On the Fifty Super Bowl XXXVII Champion Scoop Neck Long Sleeve T-Shirt http://www.patriotsjerseysfactory.com.Women's Philadelphia Eagles Malcolm Jenkins Nike Black Player Name & Number T-Shirt,New York Giants Women's Plus Size Forward Progress T-Shirt - Royal Blue,Men's Cincinnati Bengals '47 Orange/Black Cedarwood Knit Cuffed Hat Cheap NFL Jerseys.Tony Romo Dallas Cowboys Springy Logo Bobble Head Figurine,Women's Indianapolis Colts Charm Stainless Steel Watch,Women's Miami Dolphins For Bare Feet Floral Print Sock.Toddler Denver Broncos Orange Team Logo Fleece Pullover Hoodie,Men's Denver Broncos Pro Line Navy Big & Tall Mallory T-Shirt Wholesale New England Patriots Jerseys.Atlanta Falcons iPhone 5 Hard Case,Mens Atlanta Falcons '47 Brand Charcoal Black Dagger Flex Hat http://www.patriotsjerseysfactory.com.Minnesota Vikings Black Slingback Backpack,Men's Miami Dolphins G-III Sports by Carl Banks Aqua Extreme Spirit Reversible Hoodie
(c) 2003-2004, Dallas Income Properties.com, all rights reserved
Buyers brokers for income properties   214-941-3417   email us