How to maximize a marketing budget of $1,000/mo

How to maximize a marketing budget of $1,000/mo

Dallas, TX · Member since 2017 · 77 posts · 28 votes
I am just starting out and have a limited marketing budget of 1000$ a month max and that's pushing it. So I really need to be careful and make sure I am using it wisely ! So what strategies would be the most effective use of that budget ?
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  • Real Estate Marketing Professional · Columbus, OH · Member since 2015 · 299 posts · 125 votes
    9y

    @David Marsceau, perhaps you'll want to tell people more about your investment goals first. What type of investment are you looking for? SFH, MFH? In what price range? Are you flipping or buy-and-holding? If you give more information you'll get better feedback. Here's a BP post on "driving for dollars" -- a super cheap way to find distressed and abandoned properties if that's your goal: https://www.biggerpockets.com/renewsblog/2013/05/03/driving-for-dollars-bible-part-1/.

  • Dallas, TX · Member since 2017 · 77 posts · 28 votes
    9y
    Kim Younkin Id like to start out wholesaling , so my budget is going to be used towards finding motivated sellers. I have already started driving for dollars and building my list. Just looking for the most effective way to use that budget for a direct mail campaign. thank you for the advice , I'll be sure to be more descriptive in my future posts !!
  • Real Estate Marketing Professional · Columbus, OH · Member since 2015 · 299 posts · 125 votes
    9y

    Ah, great, @David Marsceau! You might want to ask around here about people who have used listsource.com for their mailings -- when I was researching marketing methods for our company I saw a lot of threads between people who have used it. Not sure their prices but you could search the forums for threads about the company and it might net you some good information not just about listsource.com but about other methods as well. Good luck!

  • Dallas, TX · Member since 2017 · 77 posts · 28 votes
    9y
    Thank you Kim Younkin !
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