Adventures in lead buying
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  1. #1
    Senior Member Reputation points: 13711
    Join Date
    Apr 2015
    Posts
    230

    Before you do business with anyone heres a few things to look for

    Their email. Is a free email like gmail or an actual website. If a gmail run fast.

    Their website, is a cookie cutter template with very little content about them? Might be a red flag. Go to https://www.godaddy.com/whois/result...=popcrumbs.com and check their url to see when it was registered, most places fail within a year, if they registered the URL recently, red flag.

    Do they accept credit cards/paypal or is it ACH/Wires only? if the bank wont give them a credit card processing account theres a reason why.


    This is a tough business, be prepared to fail like this a dozen or more times, even when you find a good lead source you may not have a good funder network to fund those leads, building relationships with funders seems to be a big piece of the puzzle, getting lender A to bend a little to fund your guys is how the big shops move those deals through the pipeline. Just starting out you wont have that juice like they do.

  2. #2
    They passed all of those red-flag checks. Legit website, email addresses, time in business. They even passed the "has credibility on the forum" check.

    Where I knew I messed up (in hindsight) was the pricing was too low.

    If you're going to rip me off make it more expensive so I learn a harder lesson next time.

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