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Andrey Y.
  • Specialist
  • Honolulu, HI
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Wholesaling in Hawaii

Andrey Y.
  • Specialist
  • Honolulu, HI
Posted

Hello all, I have been pondering something regarding wholesaling in HI. Has anyone on here done a wholesale deal on a SFH/condo in Hawaii ( Oahu preferrably ) in the last 12 months? Would love to hear your thoughts and details on it. Given the large exposure BP now has, this will influence whether I would continue to pursue wholesaling in this market or look to use my time/efforts elsewhere.

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Michael Borger
  • Rehabber
  • San Diego, CA
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Michael Borger
  • Rehabber
  • San Diego, CA
Replied

Basic direct mail guidelines are to hit a list 3 to 5 times, about 3-4 weeks between each touch. If by then you still don't have any bites, then by all means retire it (although still mail about 6 months later) and start a new list.

For stuffing, do it once so you realize how miserable it is, then hire a local college student to do it for a cheap rate. You can get your supplies at Fisher on Cooke St. Think like a businessman -- yes, you may save some money doing it yourself, but that's time you could spend driving for dollars, online marketing, door knocking, networking with others, etc.

I highly suggest reading "The E-Myth Revisited" by Michael Gerber. Be the entrepreneur or at least the manager -- NOT the technician.

  • Michael Borger
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