Direct mail

[David Lunsford]

Has anyone had any experience with Blair Havler? He's promoting a direct mail service for investors and mentiones a 10% response rate. He charges a monthly fee for the mailing and then you pay for responses.

[Tin Lam]

If you can get 10% response rate, and out of that you're able to close 1% of the leads that come back. I think you're much better do real estate than selling direct mails services.

Let do an example.
You spend a monthly service of $50/month.
Pay for, let say $10 per response for 20 responses, =$200.
You mail out 500 pieces @ $1/piece = $500
Total costs would be $750.

You able to close 1% or at least one deal.

Let say ARV $100k
you able to get it under contract for $70k.
Wholesale/retail for $10k profit.

Now, the question is, would you better off doing/closing deal for $10k? or selling direct mail service for $750?