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Oliver

$250K assignment fee on his first off-market deal

Bulk dialed tax delinquent county data and wholesaled a $1.7M Silicon Valley property
Oliver
Case study

$250K assignment fee on first deal after 4 months in the system. Silicon Valley market.

$250K
assignment fee on his first deal
4 months
from starting the system to first contract
$1.7M
contract price on a $3M ARV property
Revenue
$250K
Team size
Solo
Market
San Francisco Bay Area, CA
Niche
Tax delinquent, bulk dialing
Monthly overhead
N/A
Time to first deal
4 months to contract, 1 month to close
The big win
$250K Assignment Fee on First Deal
Why does everyone seem to be making all this money in real estate and I see I'm only spending money and not making money
Solo operator before the deal, learning with the community

About

Oliver spent two years as a full-time entrepreneur in the San Francisco Bay Area, funding ground-up development deals without a payday. Four months after starting the DataSift system he had his first off-market property under contract. One month later he closed it for a $250,000 assignment fee.

Operating market

San Francisco Bay Area, CA

Favorite features

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SiftMap
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Owner Records

The Challenge

Oliver went full time as an entrepreneur two years before this deal, in one of the most expensive markets in the country. The money flowed one direction. He funded ground-up development deals in the Bay Area, watched the budgets grow, and never took a payday. He started questioning whether the numbers other investors posted were even real, or whether the whole business only spent money.

Four months before closing, he started working the deal flow system instead. He pulled tax delinquent county data and ran it through a bulk dialer, solo, with no strong cash position left after two years of spending. Even the success stories read like fiction to him. "I was reading those things, you know, on the forums and all that before it happens to you, you don't really believe it." He kept dialing anyway.

What They Built

Turning a tax delinquent list into a $1.7M contract

Oliver bulk dialed tax delinquent county records around the San Francisco peninsula. The list found the seller, but the taxes were not the real motivation. The owner was a trustee living hours away. His mother had Alzheimer's and had moved out, and the house sat empty in bad condition. Four months into the system, Oliver had it under contract at $1.7M against a $3M after repair value.

Letting the seller name the first number

Instead of leading with an offer, Oliver asked the seller what he wanted. The answer set up the whole deal.

I asked him the question. So what, how much you want? And he's the one that said that very low price. I would never have dared to offer such a low price.

Pivoting from flip to wholesale to get paid

He was set on flipping it and had started raising capital from investors. Community members pushed back: after two years without a payday, wholesale it. Right then a mentor, an experienced flipper, offered to buy the contract. One problem remained.

It was a bit stressful because I had no assignment clause in the contract because I was so sure I was not going to wholesale it.

He learned a legal workaround, escrow added the assignment paperwork at closing, and the seller signed without issue.

Before and After

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Before DataSift

  • Achieved Data Clarity
  • Consistent Deal Flow
  • Inconsistent Deal Flow
  • Poor Marketing Flow
  • Little Data Clarity
  • Relied On Google Sheets
  • Consistent Deal Flow
  • Data Clarity / Organization
  • Wholesales, Flips And Does Retail
  • Strong Marketing Flow
  • Didn't Understand Data Management
  • Strong Real Estate Agent
  • Wanted To Break Into Wholesaling But Didn't Know How
  • Healthy Scale
  • Data Driven Decisions
  • Consistent Deals
  • Strong Marketing Flow
  • Inconsistent
  • Little Data Insight
  • Unorganized Bulk Marketing
  • Strategic Focus on Niches
  • Enhanced Lead Flow and Certainty
  • Streamlined Marketing Process
  • Efficient Use of Data
  • Direct Mail & Deep Prospecting
  • Broad, Unfocused Strategy
  • Inconsistency in Results
  • Dependency on Luck
  • Marketing Clarity
  • 6 Figure Months
  • High Deal Volume
  • Strong Marketing Flow
  • Proper Data Management
  • Weak Marketing Flow
  • Poor Data Management
  • Lack of Focus
  • Manual Efforts
  • Successful Scale
  • Total Data Clarity
  • Clear Marketing Approach
  • Large Deal Spreads
  • Improper Data Management
  • Poor Marketing Method
  • Inconsistent Deal Flow
  • Strong Marketing Flow
  • Clear Data Management
  • Clear Data Management
  • Successful Scale
  • Many ways to close deals
  • Large deal spreads
  • Poor data management
  • Unable to scale properly
  • Poor marketing flow
  • Smaller Deal Spreads
  • Increased Deal Volume
  • Platform Utilization
  • Realtor Collaboration
  • Funding Efforts
  • Lots Of Deals
  • Data Driven Decisions
  • Strong Marketing Flow
  • Sales And Marketing Clarity
  • Poor Data Management
  • Poor Marketing Flow
  • Relied On Bulk Marketing
  • Lack of Clarity
  • Automated Acquisition
  • Strong Marketing Flow
  • Data Driven Decisions
  • Structured Follow-ups
  • Increased Lead Generation
  • Achieved Sales And Marketing Clarity
  • Manual Acquisition Processes
  • Ineffective Marketing Flow
  • Minimal Lead Insights
  • Poor Follow Up Flow
  • Inconsistent Lead Generation
  • Lacked Sales And Marketing Clarity

After DataSift

  • Tens of Thousands Spent on Masterminds That Never Fit
  • Got Crushed Wholesaling Cleveland Virtually From New York
  • Career-biggest payoff under agreement after a year of deep prospecting
  • A 1,300-lead vacant property gold mine in two counties
  • One shared database with his agent wife for three years
  • Guru models demanded VAs and a big company he never wanted
  • His investing and her listing business never connected
  • Ten years flipping houses with no shared system
  • One Call and One Text Found His Last Buyer
  • A Deal About Every Three Weeks, Pushing for Two
  • Eight Deals Working in the Middle of the Slowdown
  • A $7,000 Mail Campaign Went Out at 56 Percent of Value
  • Three to Five Active Listings in Every Subdivision He Underwrites
  • Colorado Prices Down 9 to 11 Percent by May
  • Callers Hunt Correct Numbers, Closers Take Over
  • Returned Mail Tagged And Worked As Its Own Bucket
  • 6 Deals In One Month From Year-Old Data
  • Eight Months In Before Working The Data Right
  • Bulk Dials On Call Tools Produced Nothing
  • 100K Records Added, Team Spinning Its Wheels
  • Mail, three call attempts, then the rehash pool
  • 150 records a month, skip traced twice before dialing
  • Full authority probates only, five Southern California counties
  • 15 to 20 grand across seven months of last year
  • Calling agents and MLS, never direct to seller
  • No CRM, just a phone, a computer, and email
  • $56K Largest Single Assignment
  • A VA Pulls County Probate Data Daily
  • $5,300 Total Expenses, About $441 A Month
  • $210K In Fees From 7 Deals In A Year
  • Every Conversation Started Cold
  • No Pipeline, No Aged Database, No Team
  • Random Calling On Whatever Records He Found
  • Started September 2023 With No Probate Experience
  • $95K Spread Closed In 21 Days
  • All Four Questions Answered On Every Lead
  • 120 Qualified Sellers In The Pipeline
  • $1M+ Company With SMS As The Core Channel
  • Tracking It All In Podio, Then Another CRM
  • Doing What Everybody Else Was Doing
  • Downloading Every Record Providers Would Give Him
  • Churn And Burn Message Blasts
  • One Contract For Every 10 Leads
  • 100% Of Deals Sourced Inside The System
  • $1M+ In Assignment Fees In 2023
  • Almost All Deal Flow From Driving For Dollars
  • Bouncing Between Tools Looking For One That Stuck
  • Leads Tracked In Excel Sheets, Antiquated And Scattered
  • First Flip Finished And Live On Market
  • Partner Funding Instead Of 18-22% Hard Money
  • Probate Cleared In A Week And A Half
  • About One Deal Per 15 To 20 Doors
  • Door Knocks The Foreclosure List Top To Bottom
  • Severely In Debt, Couldn't Keep Up
  • A Couple Of Years To Get In Gear
  • Worked Hard For Two Weeks, Then Stopped
  • 12 Years In Oil And Gas, Then Nothing Left
  • $10K Deal From A Q3 Not Interested Lead
  • Follow Up Brought The Seller Down $40,000
  • Two First To Market Contracts In One Week
  • Dedicated Caller Works The First To Market Flow
  • Eviction Records Pulled Straight From Two Counties
  • Outbound Marketing Completely Phased Out
  • Credit Card Debt From Bad Marketing Advice
  • Two Years Of Shiny Object Crash And Burn
  • Absurd Data Subscription Costs Draining The Business
  • $61,644 Net From A Lien List Rehash
  • Tracks Wrong Numbers, Cuts Skip Trace Spend
  • Emails The Township For Exact Lien Payoffs
  • Rehash Filters: Mobile Numbers, No Response, Liens
  • Next Day Follow Up Text Gets The Reply
  • Lien Lead Silent Since February 2024
  • No Follow Up Text After A Silent First Message
  • Unknowingly Recycling The Same Data
  • Pulling 10,000 Record Lists The Old Way
  • 15 Heirs Signed, $37,500 In One Month
  • Skip Trace, Upload To Sift, Call Fast
  • Small Problem Lists Over Huge Data Sets
  • Targets Deeds Of Trust 12 Years Or Older
  • Checks County Foreclosure Postings Every Morning
  • Bulk Absentee And Owner Marketing Dried Up
  • 150 Mile Days Driving Project To Project
  • Six Renovations Running At One Time
  • Full Time Rehabbing Since 2015
  • Sellers Now Calling In From Her Mail
  • One Hot Lead Plus Tons Of Correct Numbers
  • Mails Only The 54 Absentee Petitioners First
  • Google Form Auto Formats Data For Upload
  • Pulls Probate Filings Daily Across Three Counties
  • Left A Company, Unsure She Could Pull It Off
  • Tedious Copy And Paste List Formatting
  • Struggled To Pull Data From Her County
  • Years In California Trying To Figure It Out
  • 135,000 Records Organized Into Buckets
  • A Lead Every 10-15 Calls
  • Pre-probate Inherited Niche, 60% Sell Within Two Years
  • New Process Closed Its First Deal In 30 Days
  • Thursday Deep Research, Offer Accepted By Monday
  • PropStream Lists And Bought Probate Data
  • Return Mail Dead-ended, Records Sat Dormant For Years

What changed

The moment came on a callback. The seller was in his car, two and a half hours out of Sacramento, driving to see the property that same day. "He said look, you're calling me at the perfect time, because I'm going there right now. And I said immediately, can I join you there right now?" Oliver met him at the house an hour later. He has no doubt the seller had other calls. Timing, and being quick enough to act on it, was the whole edge. That callback became his first off-market contract.

The Results

The assignment fee was $250,000 on deal one. The math: a $1.7M contract price against a $3M after repair value left enough spread that the flipper buying the contract still profits. Timeline: four months from starting the system to contract, one more month to close. Oliver admits he probably left money on the table, and he is fine with that trade.

Before: two years of full-time entrepreneurship, spending on development deals with little coming back. After: one wholesale deal that paid $250K, breathing room for his family, and a process he plans to repeat without changing anything.

I know it works and I'm just going to replicate.

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