Updated over 10 years ago on . Most recent reply
1st Direct Mail Campaign
As my wife and I continue to filter through some of the different methods to find properties,last week we did our 1st direct mailing. We mailed to 100 absentee owners in our area. Does anyone want to give feedback on this thought. I understand the concept of direct mail; however, what's your opinion on actually looking (either in person or through Google Maps) at each these properties in an effort to single out some that may warrant a more focused approach to pursue?
Most Popular Reply
Dont waste your time looking at these properties before you mail. That will take hours of your time and your time is your most valuable asset. Looking at those properties will also cost you money as you evaluate their worth from a picture. I just sold a piece of crap for $7500, and that sucks, but I only paid $1 for it so I feel ok.
The problem with prescreening your leads is that you have no freakin idea which houses willl make you money, you have a better chance of predictig lottery numbers.
Send your mail out, and field the calls that come back. Let the sellers tell you what sort of deal they will take. You might walk into a pile of equity or a burned out landlord who just wants to give the house away.
Would you rather have a 50k house for free or a 300k house 25% below market price? the correct answer is both!!
Now go send your mail and make some money
Josh