Im currently starting my very own Residential wholesale business and i simply would like to know from your perspective, What are the best Real estate marketing strategies and tips?
Hey Albert, the best marketing strategy Is direct mail. it allows you to really target what property you want to go after compared to things like EDDM, bandit signs(illegal in most places), google ads words, and Facebook ads and such. best tip is to listen to the bigger pockets podcast on any and every wholesale show they have done lots of great tips to include my favorite on wholesaling show 81 heres the youtube link
Start with BP Podcast 012
@Mark Webb very helpful thank you!
@Albert Hernandez My agency works with many investors and wholesalers across the country managing their online marketing budget (AdWords, Bing, Facebook Ads). So I have a pretty good perspective on what works and what doesn't across the board...and the truth is that it all works if managed well. So when I hear people say 'the best marketing strategy is direct mail' like @Mark Webb said, that's likely because Mike is probably very good at direct mail, and not very experienced with AdWords and Facebook Ads. If you're doing it yourself, just pick one and dig in, they all work, you just need to get good at it, (or hire someone good). The ideal scenario is a motivated seller receives your direct mail, sees you online, and sees your bandit sign as they drive down the street. :) If you decide to jump into learning AdWords or Facebook, let me know and I'll provide you with the best resources.
Somebody smarter than me once said "everything works, nothing doesn't". Just start. You will soon figure out what works for you.
Im not sure if there is any telling. I get mixed favorite marketing campaign strategies from different people but the common theme is just having to try everything out and see what sticks. If you have some money direct mail sounds interesting.
Facebook ads hands down.
How do you target with Facebook ads? Any advice on where I can learn how to do that?
@Alex Cornwell I run Facebook ads for multiple things(investing, realtor, and a traditional business) and I can honestly say youtube has been the best source of learning. I have other business owner friends, & investors that I've gotten advice from and has been far surpassed by a few hours of youtube. I know this isn't direct how to but trust me put in the time to self educate so your not wasting marketing dollars like most of us do when you first start! or if your not comfortable there are a lot of people who will manage your ads and create content for decently cheap. hope this helps
the second video is the most detailed
Awesome thank you. I will watch these. I’m only burning $1,500 a month on marketing with good results so it’s not out of control yet.
We use http://leadpropeller.com for our website and leads intake. It is our main source for marketing. The also help us with our ppc. Great service and support!
Free eBook from BiggerPockets!
Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!
- Actionable advice for getting started,
- Discover the 10 Most Lucrative Real Estate Niches,
- Learn how to get started with or without money,
- Explore Real-Life Strategies for Building Wealth,
- And a LOT more.
Sign up below to download the eBook for FREE today!
We hate spam just as much as you
Create Lasting Wealth Through Real Estate
Join the millions of people achieving financial freedom through the power of real estate investing