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Updated over 9 years ago on . Most recent reply

User Stats

34
Posts
10
Votes
Brandon Beverly
  • Real Estate Agent
  • Raleigh, NC
10
Votes |
34
Posts

Small Starting Budget

Brandon Beverly
  • Real Estate Agent
  • Raleigh, NC
Posted

Hey Guys,

I am seeking some advice about starting a direct mail campaign. I currently live in Raleigh NC and have a limited starting budget. My starting niche is wholesaling to build capital for my business. As part of the budget, the initial start up cost will be:

LLC set up cost: $300

PO Box:              $ 50

Office start up    $200 (This includes laser printer, business cards, paper, etc.)

Total: $550

This leaves an estimated amount of $1,450 left for direct mail marketing. I currently have a business phone number which I pay for monthly that will not be included in this cost. I have located a list of absentee owners which will cost $100 at $0.10 each and a list of vacant houses for $250 at $0.50 each for a total of $350. The last $1150 will cover the cost associated with persistent marketing and weekly mailings.

ADVICE:

How would you use your savings to get started? Would you obtain a list of absentee owners? What about vacant houses? Would you spend more on your list? What kind of advice can you give about marketing with a budget such as mine?

Thank you in advance for your help and support!

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