EP NNA 46 – Baldwin Advisory Group: Making Real Estate Investing Smoother And Better With Dickie Baldwin

NNA 46 | Baldwin Advisory Group

NNA 46 | Baldwin Advisory Group

 

Even the best real estate investors have issues. When these things surface, asking the right people for help can be quite intimidating. Today, Scott Carson interviews Dickie Baldwin of the Baldwin Advisory Group or BAG about how they advise other investors and lead them to the right track. He shows their specific features and what they can provide to their clients, including property detail reports. If you want to learn more about what BAG can offer, listen to Dickie as he further explains how they can help you with BPO, O&E, and skip tracing.

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Baldwin Advisory Group: Making Real Estate Investing Smoother And Better With Dickie Baldwin

We’re excited to have you all here. We’ve got some great content for you. You’re going to walk away with some phenomenal and maybe a grin on your face because we’re excited to have our special guest. Before I introduce him, if it is your first time here, welcome. We’re glad to have you here. Thanks for taking the time out. We’ve got a variety of people here. We have note real estate investors that are joining us from all across the country in the world. For people interested in note investing and learning a little bit more about what exactly that is, these are recorded. Also, we are live streaming these things to our YouTube channel as well. I encourage you to go over to the WeCloseNotes.com YouTube channel. Make sure you subscribe so you don’t miss out on any either Note Night In America, webinars or any other interviews that we’ve got rock and rolling on there as well. As always, you can go to WeCloseNotes.tv and I’ll forward you there as well. Make sure you subscribe to the Note Night In America podcast and also, The Note Closers Show.

I’m pretty excited because we hit a big milestone between the two shows. We have over half a million or 500,000 downloads for over 500 episodes. I’m excited about that as well as a big thing with our different radio networks across the country, which surpassed eight million downloads on our AM/FM radio station. If you’re tuning in to this episode on those channels, ranging from Tampa to Long Beach to Milwaukee to Macon to Las Vegas to Colorado Springs and Philadelphia, all across the country, we’d want to hear from you. I would love to hear what you’re looking for. Maybe you’re looking for some deals in your neck of the woods. We can help you out with that as well too. I would love for you to review, subscribe and take advantage of all the content, the interviews, the guests, and the vendors that we have on those different opportunities and different channels.

I want you to notice that we did have our Virtual Workshop, but upcoming, we have our Fast Track training taking place in Austin, Texas. It is a three-day intensive training with us. It is a step that most people take after either signing up for the blueprint or our workshop. It is a great way to come in and hang out for three days in a small group setting to take your business to the next level. It’s a bit of investment, but we are willing to do a payment plan for you. Drop me an email at Scott@WeCloseNotes.com. I’ll make sure to get you on the horn and talk about what goes into it and dive into that information

Our special guest has been doing a tremendous job, not just for our Note Mastermind members. He’s done a great job for them. If you’re in the note industry, if you’re in the real estate industry, one of the most intimidating things as a new note or a real estate investor is, “Who the heck do you call when you have an issue? What do I do to get a BPO? What do I do to get an O&E? Who do I call for a realtor? I need an MLS guy across the country.” That can take you a good 60 days to six months, some people take a lot longer than that to find the type of relationships that are going to do well. Our special guest has done an amazing job. He’s got over 35 years of experience in real estate title, mortgage and notes. Our special guest and a good friend, Dickie Baldwin, is joining us. He is from the Baldwin Advisory Group. I’ve known him for years. We’re honored to have you here. You have done a tremendous job in a short period of time with the BAG, the Baldwin Advisory Group. Let us take a minute or two before we dive in to share who you are. What led you to put the BAG together for everybody and go from there?

Thank you, Scott. What is BAG all about? I had been in the industry for many years. I have done everything from being a realtor to a loan originator to wholesale lending, correspondent lending, warehouse lending, the title business, as well as being in your shoes as an investor back in the old days when the note business wasn’t known of. I did retire back in March of 2018. After three days of being retired and realizing that I can’t get a hold and won every time I go out and play golf, I started Baldwin Advisory Group, better known as BAG. The slogan is, “One BAG for all your real estate services.”

Being new in the business or even if you’re an experienced investor, which I worked with a lot of experienced investors also, I have put together a one-stop-shop for virtually anything and everything that you need in investing. We’ll be able to go through the presentation. What I’m going to do is go through my website and explain all the different things that are available to you as an investor. If you get on the phone and let’s say that you need a BPO, first, you have to go on the internet and you have to find a company and then you have to worry about the price. Most vendors don’t like to work with a one-off individual. Part of the vision of the BAG is to strengthen the numbers, whereas a typical investor may do 5 to 10 BPO’s or Broker Price Opinions a year. I’ll do 300 to 400 a month. Vendors, even though it may be coming in one at a time, do not want to lose that kind of volume. Everybody gets to participate in the share of the vision, whether it’s BPO’s or paddle searches. We’ll show the whole nine yards.

I think you were talking with Joel originally about the idea. You gave me a phone call about that. I was like, “This is awesome.” I’ve got my Rolodex of contacts in my different markets, but that doesn’t mean that it’s a perfect Rolodex for everybody. You’ve got great relationships and you reached out to these vendors to help them like, “I’ve got a bunch of one-offs. I’ve got a bunch of investors that want to do stuff that I can come as the mass, in the bulk and I’ll handle a lot of these individual orders for you and vice versa.” There were more than 50 PPL’s a month and 300 BPO’s a month. That’s a lot of things. You hit a couple of milestones too with the number of orders you’ve taken and fulfilled across the board.

Since the BAG has started, and thank you, Scott, because this is the very first show of the BAG network. I haven’t advertised the people that I have worked with, the ones that I have dealt with, throughout the years, as well as the Mastermind group. I have done a little over 1,000 individual orders since the website went live in the last week of December 2018.

That’s 1,000 plus orders in nine months roughly.

What I’m doing is a lot of hours, I have helped many people out in situations with their BPOs, with their title searches, finding assets, finding a servicer or about anything that you need. With your permission, I’d like to get into the crust of things.

I’ll be looking at questions and stuff like that, but run with it.

This is the BAG network, Baldwin Advisory Group. As I have said, the slogan is, “One bag for all of your real estate services.” To make it simple and to get the full effect of everything, let’s go to the home page. Scott, what I’d like to do is go through each one of the different services and each of the different services has its own very specific order form that everybody can complete, hit submit, and then it immediately comes to me. Let me ask, of the registered people tuning in, are most of them experienced or inexperience or a mixture?

I would say we land more on the experienced side. There are maybe relatively new in the note business. We’ve got plenty of experienced people on here, but people that are new to the note side of things, they may understand a BPO and a full title report, but they don’t maybe understand everything that goes along with it. Let’s treat it like we’ve got brand new people on here because we’ve got people coming across. This is going to hit a couple of million people across our different radio networks.

What I did is if you’ll notice, here is a brief explanation of what a BPO or Broker Price Opinion is. If you want to get into the BPO, it’s not a CMA. A Broker Price Opinion is done by a realtor and there’s always the debate, “I’m going to get on the phone. I’m going to call a realtor and try and get them to go out and take a look at the property.” I’m in favor of that, but what I like about using my vendors for a BPO, they are done by a local agent. The job of that agent is to go out and do a value, not to try and get the listing, but to get a value. Once that agent completes the BPO, it then goes back to the vendor into quality control. If QC does not agree with the value or the comps or something about that, they will send it back to the agent for revisions. To me, that’s a plus because you have an extra set of eyes. Assuming that you would want to do a BPO, you can simply click that button. On the client information, you have the company name, your name, phone number, email, the subject address, city, state and zip, then access if it’s going to be an interior.

If it’s an exterior, you don’t have to know if it’s on a lockbox or who to contact. Simply checking off if you want an exterior BPO, an interior BPO or even a full appraisal, which I’ve also arranged to do what is called a hybrid appraisal. It’s in between a BPO and a full appraisal, basically where the vendor will go out and take pictures of the other subject, both interior and exterior, whichever one you’re ordering. Then, it is given to a licensed appraiser, which I work with a lot of lenders that like to do that when they’re making the determination as to whether or not to loan money on the property. Also, there’s a property inspection report that’s available in exterior, as well as interior. You type the code in, hit submit and then that immediately comes to me and I will personally place the order for the BPO. If I’ve got any questions, I will call you immediately when that comes across and talk about it. Otherwise, it’s ordered right away.

Did the people that order gets an email alert that it’s been placed or what they’ve gotten has been ordered?

It will. The system, as time is going on, will become more automated. Once that submit is done, then my web designer is working on notifying the client that the order has been sent.

For our audiences, Dickie’s website is BaldwinAdvisoryGroup.com. That’s what we’re going through. Each section is highlighted. We clicked on the BPO section. He’s walking through the form. Let’s talk about that. What’s the difference in prices for somebody that’s brand new that hasn’t ordered BPOs before, internal or external? Is there a difference in the breakdown in pricing a little bit?

The more volume for a particular client comes, they’re able to get into the bulk writing, generally is in the $100,000 range. The one at a time, as long as it’s not rural, will be in the neighborhood of $115. Let me explain what comes with the BPO. We’ll get pictures of the subject, as well as the street and the address. There are three recently sold comps in the neighborhood and three current listings within the neighborhood. These are all done through the MLS. Typically, they don’t like using for sale by owners and things like that because the price will vary tremendously in those situations. If it is possible, stay away from REO and distressed properties. Those will be in the neighborhood as a set of $115.

On an interior, where we will have to have access either by lockbox or agent, somehow, to get into the house and the agent will make an appointment to go in. They will take pictures of all of the rooms and along with it. On the exterior, you’ll have an as-is value and then an estimate of after repair. Keep in mind that on an exterior BPO, you typically are not able to see the inside so you don’t know if it’s trashed out. You’re looking more at the roof, siding and things of that nature. The other things you have to be aware of, but agents are pretty well instructed not to get on the porch or go in the backyard because some of the neighborhoods where the properties are, they don’t want to get shot.

I get a lot of requests, “Please, take pictures of the air conditioning in the backyard or the side.” If it’s visible, they’ll make every effort. If there are any special instructions that can go in the comments, I can put that along with the order. In fact, I’m doing it right now. They wanted a value on the house as well as what would the land be because there was a mobile home on it. I was able to put that into special instructions so the agent would be able to keep that in mind. Also, you can do a property inspection report where this is a drive-by. They will take pictures of the exterior and if we’re able to get inside the property, they will do an interior, but no value is given. No comps or listings are given. Those typically are around the $45 range on exterior and $65 to $70 on an interior. I might mention the hybrid appraisal that I talked about, which a lot of people are starting to use because of the thought of an appraiser versus an agent. You’re in about the $200 for an interior and about $195 for the exterior.

Karen Burns does say, “I appreciate Dickie’s genuineness from working with you.” Dr. Janie says, “Dickie works on the deal I’m working on with Logan which was great.”

Thank you. I love working with Logan. He’s a great guy.

He’s done a good job. We’re proud of what he’s doing. Let’s jump on over the next one.

NNA 46 | Baldwin Advisory Group

Baldwin Advisory Group: Part of BAG’s vision is to strengthen the numbers, whereas a typical investor may do 5 to 10 BPO’s or Broker Price Opinions a year.

 

Let’s talk title searches. It is where it’s done online, as well as with abstracters, depending on the county, township and areas. The whole purpose of a title search is to make sure that you have no taxes, liens, judgments, or anything that would be clouding the title. Within that, here’s another very specific order form where you have to fill in the client information, the company, your name, phone, email, the subject property address and are you wanting a current owner search? A lot of times, that’s called the O&E report and that’s for the one owner. A foreclosure REO, a full search two-owner, is typically used in the REO arena. Although there are a lot of people that have notes that are contract for deeds and they will request a two-owner search. You can even go back to a 30-year search.

I also do commercial, along with residential and some of the products are available for an update. If you’ve run a report through me, let’s say 2 or 3 months ago and you wanted to do an update, you’re in about the $35 to $40 range to do an update. To do an O&E report, you’re in the neighborhood of $85 with all the recorded documents. During the full search, you’re in the neighborhood of $100 with documents. There’s an online that I personally have access to where I do what’s called a Property Detail Report. Several of my clients are on the call. I believe Laura is done with some Property Detail Reports as well as the Total Overview Report.

Property Detail Report gives basic information, address, legal and ownership. They typically run around $5. The Total Overview Report lets you know if there’s been a foreclosure process. They’re typically in the $20 to $25 range. Once again, entering the code, hit submit and that immediately comes to me. If there are any questions, I’ll get ahold of you right away. Otherwise, it’s been placed. I might mention that over the first two items that we’ve discussed, the BPO’s and the title searches, I am not restricted to just one vendor. For instance, in a BPO, they may not have an agent within the area and another one of my vendors may have it, there’s not a rural charge because the rural can range in additional $25 to a $100 plus depending on how close an agent is and how far they have to drive to do the report. It is the same with title searches. The great part about what I’m doing is I’ve reached out to the vendors that are currently in the BAG. I have worked in some shape, form or fashion with all of them or their personnel throughout the many years that I’ve been doing this.

Would you say between the BPO’s and the O&E are probably the two biggest things you’re getting orders on?

Most definitely. Here’s what I’m excited about, REO and notes. Being in the business for so long and knowing a lot of sellers that have assets to sell, they’re reaching out to me and asking me if I can help find them a buyer. On the other hand, I’ve got a lot of buyers that are reaching out to me and asking me, can I help them find some assets? If you notice the two hands shaking right there, the BAG will connect a seller and buyer. How do I do that? Go to the order form. Collect all the information, the company, their name, phone, email, and let me know, are they a seller? Are they a buyer? Are they a private or an institution? Do they want notes? If they want notes, they check notes. If they want performing, they check performing. If they want nonperforming, they check nonperforming. For residential, commercial, and if they want bulk or individual, list what states you want. Being in the industry for so long, I see tapes going across the internet all the time where there may be states on there that you don’t even care about. I’m trying to minimize that.

For instance, if Scott has a note in Wyoming as a seller and a buyer has completed this form, they tell me they want Wyoming. My database will tell me I’ve got a Wyoming seller and buyer. I simply put that buyer directly with Scott. He negotiates the pricing, giving out collateral and all the negotiations. My purpose in what I’m doing with this is to connect the right buyer to the right seller and not waste anybody’s time. If they want REO’s or they are wanting residential, commercial, bulk, individual, rehab-zero to light, light to medium, list the states. You can put the range of values but that is not quite as important as the states and what they’re looking for. Put any comments, enter the code in and hit submit. This information is immediately put into the database where I have access to all the sellers that I work with, all the buyers and it’s a matter of matching the states up.

I’ve got a question from Randy, “Are these services for every state in the United States?”

Yes, they are. Everything I do is nationwide, both for residential and commercial. What’s an RMLO? It is a Residential Mortgage Loan Officer, but my RMLO will originate seller finance mortgages compliant to Dodd-Frank and issue a certificate as such.

That’s a big thing there.

The BPO’s, the title searches and the REO’s, I will be directly involved with from beginning to end. The rest of the services, what I have done is make arrangements with the vendors that I’m representing and I’m marketing for. If you need an RMLO, you’ll go in, hit the read more, click on and give me your information, where’s the property located, what is the purchase price, the loan amount, and the estimated closing date. Is it note and deed of trust or a contract for deed? Enter the code and hit submit. What I will do is introduce you directly to my RMLO. He will immediately email you, arrange a call and you’re dealing with him one-on-one. You don’t have to reach out to me from the time that you order the next deal that you do with the RMLO. You don’t even have to call me because you’re already registered with that vendor.

That’s very simple. That’s an awesome and huge thing these days. I know there have been a lot of people talking about, “I need to get an RMLO in each state.” That can be a bit of a list, especially when you’re buying nonperforming notes or contract for deed that doesn’t get originate and you’ve got a guy that does it everywhere. It’s a rarity. It’s like a needle in a haystack for the most part.

I have saved you hours of time on the internet.

Also, do you know what they charge to originate on that or does it vary state by state?

It is right at around $4.99. For an additional fee, he can draw pertinent docs for the transaction.

That’s great stuff.

What does property preservation mean? On the property preservation, there are companies that I work with that hire contractors to go out and do about anything of repairs or winterization or whatever needs to be done on a property. This is to give an idea of the extent of property preservation. This is the only way I can contact you so please, complete your company name, your name, phone and email then the subject address. If you need lock work done, doorknob lock only, deadbolt, lockbox and padlock. It’s a matter of checking whatever needs to be done. You need window glazing, check whatever box needs to be done. Boarding, if somebody busted the windows out or debris removal. Landscaping and miscellaneous work, but here is something that every investor needs to start thinking of right now.

Don’t wait like one of my clients did in Wisconsin. He called me at the end of November or first of December. He said, “I need to get winterized.” You have to start thinking about if you’ve got vacant properties that you own up North. Call me and I can help you get that place winterized. I’m not going to go through every one of these, but you can see all of the different items that can be done. Once again, put the code and then submit. I will definitely follow up with this to make sure we’re not missing anything and then introduce you to the appropriate vendor that I know have crews in that particular area or do not. I’ve got various private money and hard money lenders that I have relationships with. It too has a very specific order form. I try to get a variety of lenders where they all don’t have the same thing such as lines of credit, business, loans, commercial, residential loans, fix and flips and buy and hold. Some of the lenders are creative in what they will loan on and where they will loan on. I even have a lender that will loan down $25,000 to $30,000, which is pretty unique.

Yes, it is.

For title and escrow, I can do a traditional closing and we all know what a title and escrow are so I won’t go and explain everything. You fill in the client information and the subject property information. Traditional closing is going to be an owner’s policy. A lot of note people are looking into lender title policies and Scott, you may want to do a presentation one day strictly on lender title policies.

We’ve been thinking about doing that here. You’re 100% right about that.

There are a lot of times too where a seller wants to go into an escrow or a seller may want the funds to go to escrow. My title companies will also do that. They also are able to do the current owner report, the two-owner, etc. Typically, I don’t go through my title companies if it’s going to be a current owner search or two-owner. I will go through the title company if we know there’s going to be a lender’s pile of policy or something that’s going to require title insurance and they will utilize their own product for that. For title curative work or release tracking, there are a lot of times when you do get your reports, you’ll find out that something may not have been recorded properly. I ran into a situation where I had a first and a second. The second was a HELOC. The first got refinanced and so did the HELOC, but it still showed up as lien. The attorney and the client worked for months to try and get it cleared out through Wells Fargo and First American. They couldn’t do it. They shifted it to me. My vendor had it done. He got that HELOC positioned to where it’s supposed to be and showed it on the title in less than a week.

You’ll see that it happens sometimes where lines of credit don’t get released or don’t get removed. I had that happen on a property in Houston, Texas. We did where the release of the lien wasn’t from Bank of America and it took forever to get done. It happens occasionally out there. You’ve got to be careful about that, but it’s good to have somebody that can get it done, who specializes in that.

You wouldn’t know where to go to get it done.

That’s right, especially if the lender or the bank is no longer in business anymore.

NNA 46 | Baldwin Advisory Group

Baldwin Advisory Group: The whole purpose of a title search is to make sure that you have no taxes, liens, judgments, or anything that would be clouding the title.

 

For collateral review, there are many of you that will be new investors and even old investors, that don’t have time to go completely through a collateral package. Even if you did go through it, until you get the experience, you may not even know what you’re looking for. In short terms, the collateral review will tell you what you do have, what you don’t have and what you should have in order to make an intelligent decision of moving forward with that asset. This also has an order form as the title curative has here. Each order form is very specific about what the service happens to be. For assignments and recordings, we all know that in the note business, you don’t use the title company, you use the assignment from one seller to the buyer and that needs to be recorded. We get several vendors and even though some people try and do that on their own, I don’t know all the pricing because they vary from state to state, but it’s inexpensive to outsource assignments and recordings.

For the record and document retention, if you’ve got a whole bunch of files like Laura does, you don’t want to put them in a cardboard box in her bedroom. This vendor will store original docs for you. For mortgage servicing, you don’t have to worry about it, but every state and the knowledge of the business, you need that third-party servicer. I’ve got several nationwide servicers that can do the work for you such as collect the payments when they come in. For self-directed IRA, I’m sure many of you are investors that do have a self-directed IRA. I get calls every day, “I’m with so-and-so and but do you have anybody else that I can talk to in case I won’t want to move?” Yes, I do. It is not a big business, but it’s good to know this person. He’s a nationwide IRS tax attorney. He’ll take on tax disputes with the IRS for $10,000 or more. He even received a letter from the IRS telling him how good his fights were against them to dispute a case. That’s pretty encouraging, but it is not the person you see on TV. This is at a very small company, but very efficient.

Here is one of the things that I’m proud of, Scott, is a nationwide realtor network. We keep on mentioning Laura. She could probably talk for an hour about this little service. What I have done is create an investor-friendly realtor network. I’ve got about 70 right now and where I will eventually have an investor-friendly realtor in every major city in the United States. These realtors not only are able to list, sell and property manage but as Laura can tell you, they can clean the property out. They can cut the grass. They can sell property. They can put a tarp on a roof because the realtors that I’m reaching for, they need to understand that most of the investors are out of state. You don’t want to jump on an airplane and you want to have a trusted individual that can handle the work for you, feet on the ground. There are a lot of real estates out there, but believe me, it’s tough to find truly investor-friendly realtors. When I vet them, I hope that either they have their own construction companies or they work closely with local contractors.

That makes sense, especially maybe not to bigger areas, but definitely some of the midsize city, secondary market and stuff like that. Having the nationwide realtor network is critical in this business.

The great part about these realtors too is that many of them work with their local banks and credit unions on their distressed assets. Typically, a realtor’s investor base is in their own backyard. The realtors are starting to let me know if they have assets available, where I can go right back to my REO and note registration form and see if anybody has registered that may want assets within that particular area. It’s not just REOs. A lot of these realtors understand the note business also. For a nationwide attorney network, I hooked Desi and Pat up with several attorneys, one in Minnesota. I pretty well have the United States covered. These are attorneys that can help with foreclosure evictions, bankruptcy matters, pre-foreclosure and preparing real estate documents.

Lastly is skip tracing. In the process, I’ve got one vendor and this is one of the items that depend on the size of the pool. I don’t want to limit your sources to just one. If I’ve got one that’s covering everything, that’s great. Sometimes a vendor doesn’t cover the whole United States and that’s my goal. The affiliates that I work with are Paperstac, if you’re not familiar with Paperstac, reach out to me. I’ll tell you everything I can about it. There’s a publication which I had been fortunate in called REI INK. I have a full-page ad in each of the publications.

That’s everything in your BAG. What’s your typical turnaround time for you to reach back out to somebody? Is it 12 to 24 business hours?

No, if somebody emails me, within an hour or two, unless I’m gone. You’ll hear from me within a couple of hours.

That’s a big thing I want people to know. If you don’t hear from him, make sure to follow up. Dickie does a great job of following up. I’m simply saying, if you have an order on Friday night, you may not see it until Monday because of travel or other things like that.

If you do need me, my phone number is on the website. In fact, I even have a contact that I seldom go look at it. That’s me. “If real estate is your game, Dickie Baldwin is the name.” My email is DBaldwin@BaldwinAdvisoryGroup.com. I might mention that if you don’t want to fill out the order form, many clients that I work with, they know that they can email me and things are taken care of without the order form.

Let’s make sure that people are still filling out the order form because the fact is you’re getting a lot of business and you’re getting busier on that stuff. It’s always better to have the tracking that it’s gone through the forums and stuff like that.

The other thing I want to mention is I put a lot of faith in the people that are working with the BAG network. If the situation ever arises that you’re not getting the service and responses that you want, I need to know about it because I don’t deal with the business development person. I’m dealing with the VP and the owners of the company. Your input is crucial. If they’re not doing a good job and even if they are doing a fantastic job, I’d need to know about it.

Are you open to somebody who has got some good realtors for recommendations to add to your realtor network?

I’m always looking for good investor-friendly realtors. I use the term heavily but by all means. Anybody that has had satisfaction with a realtor, please let me know. I will reach out to them right away.

If you can’t get any satisfaction, BAG will help you at that with his own network there. That question there is like scotch in blended scotch, “What’s your handicap because you’re playing on the golf course all the time?”

My biggest problem is I stand too close to the ball after I hit it. Because of my age, I have moved up to the forward tees. I can’t drive a ball 300 yards anymore.

There is nothing wrong with that. When people used to ask me what my handicap was, I said, “It was a six-pack.” We have a question from Tony, “What’s the cost of using the skip tracer?”

It varies. The pricing is extremely inexpensive. It ranges from $0 to $10. I was talking with the skip tracer and he had gotten him 575 addresses that needed a skip tracing on and that would probably relate down to about $0.10 of a hit.

Let’s not say it is $0.10 a hit, but it depends on the in-depth of what you’re looking for on that stuff.

The in-depth and the quantity.

I’ve used Dickie for BPO’s, O&E and skip tracing. It’s great stuff there. I’m about to send some stuff over to you to pull some BPOs as we’re getting ready to move some stuff here off the books as well too for you. Sylvia asked a question, “What does it cost for third-party escrow?”

That will vary on the amount because I’d never want to misquote. If someone is interested in third-party escrow, even if you don’t use them, let me make the introduction.

That’s a good point.

I would request that everybody, if it is possible, to complete the REO and note form because I’m starting to get more products and it’s another source.

NNA 46 | Baldwin Advisory Group

Baldwin Advisory Group: A collateral review will tell you what you have and don’t have and what you need to make an intelligent decision of moving forward.

 

We have a question from Will King, “What’s the cost of getting into your program, Dickie?”

Call me or email me. How about nothing?

That’s what we’re trying to get at here. There’s no sign-up fee. There’s no $19.95 a month. This is nothing. How Dickie makes his money is the fact that he’s got these relationships that either pay him a little bit of affiliate split or is a bit of a split and things, but he’s still delivering the costs cheaper than what you would normally. Will, there are no sign-up fees, you can use Dickie’s services or his vendors for one or wherever. There’s no difference in the cost. That’s why we thought it was a valuable thing to bring him to the show. That’s why we introduced him to the Mastermind group first to get things rocking and rolling for them. You’ve done a great job with the website, but now it’s like, “You’re now ready. Let’s bring you into the big time.”

Thank you and your group and everybody on this call for everything that the future holds for us.

You’re going to be busy. Everybody, BaldwinAdvisoryGroup.com is the website. Dickie’s email is DBaldwin@BaldwinAdvisoryGroup.com or you can reach him via phone number at (936) 447-4170. I would recommend going over to the website. Check it out. All of his information is there. Reach out and say hello. If real estate is your game, Baldwin is the name.

Scott, thank you so much.

Dickie, thank you so much for taking the time and great job as always. We look forward to working with you more and helping you grow even further out there. Check out the website. Trust me, you will be very happy. You’ll see the people coming through are leaving great comments and testimonials. You should know by now we like to bring on the best of the best out here and Dickie has done an amazing job with his few decades of experience out there. Don’t forget, he likes blended scotch when you see him out. Be safe out there and we’ll see you all at the top.

 

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About Baldwin Advisory Group

NNA 46 | Baldwin Advisory GroupBaldwin Advisory Group (BAG) has over 35 years of Real Estate experience as a Realtor, Loan Originator, Mortgage Wholesaler, Mortgage Correspondent, Mortgage Warehouse Professional, Title Research & setting up multiple National Mortgage Net Branching operations, BAG is in a unique position to provide expertise for investors in today’s various real estate market opportunities. Having created long term business relationships with all of our Service Providers over the years, we now are offering the Investor, an opportunity of sharing our strength in numbers & knowledge.

Using our Investor experiences we have formed Baldwin Advisory Group (BAG) in order to assist other investors in their personal pursuit of the real estate market options for Investment. BAG will coordinate with the specific multiple vendors required to achieve maximum profits. Baldwin Advisory Group wants to be your “GO TO “provider with ONE “BAG” FOR ALL REAL ESTATE SERVICES!

 

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