Hi Jarred!
Getting a website set up sooner rather than later if you have the marketing dollars to invest is usually a good idea. It can take time for your website to grow and become established so having something up that you can plug away at is a process you want to begin making a habit of it.
For investing a website can be good in pretty much any area:
- If you're a buyer you can spell out what you're looking for;
- If you're a wholesaler you can post what you have under contract;
- Seller Financing
- PML (Though you have to be careful how you market there)
One thing about websites that people often overlook is that using it has to be part of your operations, using it in your marketing funnel. So it's not just content creation but also getting the hang of driving traffic both online and off.
So your marketing materials, e-mail/forum signatures, elevator pitch all offer you a solid base to practice plugging your site.
Another thing that makes it a great help is that the information you would regularly have to explain repeatedly can written once and directed to. Big time saver to give someone a domain name than communicate all the numbers over the phone.
I suppose at the core nothing happens overnight, you're building habits and investing in your REI marketing. If you're doing anything like buying lists and direct mail you should definitely have something up the recipient can reference.
As much as I love BP blogs, it's no substitute if you're marketing locally with investors trying to make deals happen.
Also, get an email with your domain so with each email you send out from it you are doing something to spread the awareness of the site that doesn't require any extra effort.