Rental Property Investor · Pittsburgh, PA · Member since 2015 · 712 posts · 173 votes
Whats best place to do direct mail for real estate or best place to find motivated sellers? Ive tried realeflow and some other places. Any places anyone would recommend?
It is a credibility challenge for many. I've flipped one house, and I can talk about it, but Jerry over here, he's done 20 times what I have done. So he's able to leverage a lot more credibility as he presents himself to a prospective seller. It is just a super crowded, cluttered market place, and no matter what method you use to try to delivery your message, it will all come back to your ability to establish yourself as a person that has the experience and capacity to buy their house and solve their problem. But you do need to have some tools in place, no question.
I'm sure this thread will become a commercial before too long with all of the various vendors chiming in. However, no one system is going to automate deal finding and buying to a few clicks as many investors are wanting. Let's face it....if it were that easy, everyone would do it, right?
I'm not suggesting that you are looking to avoid work, I think you're looking for a way to work smarter which is an excellent goal. It's just that I talk to people every day that have been sold a bill of goods.....many from right here on BP....and been frustrated because expectations were not managed well amid all of the hype.
The best way I've found to go about conquering any market is to do a deep analysis of what is available, determining first who owns what you're looking to buy, and second who has the ability to sell it at a discount, and then to come up with an encompassing strategy to reach them all consistently and persistently until they are ready to sell.
You do that, then automate it the best you can and you will have created a pipeline that will consistently spit out deals on the other end. It's a process that takes time to set up, time to work, and time to reap the benefits from no matter which strategies you are employing.
You could try ListSource to find leads. Driving for dollars is a great way to find off-market deals. Attend your local REIA meetings to find out what type of marketing works best in your area. You could additionally try cold calling, SMS Blasts, RVM, facebook and google ads etc. in addition to your direct mail campaign.
It is a credibility challenge for many. I've flipped one house, and I can talk about it, but Jerry over here, he's done 20 times what I have done. So he's able to leverage a lot more credibility as he presents himself to a prospective seller. It is just a super crowded, cluttered market place, and no matter what method you use to try to delivery your message, it will all come back to your ability to establish yourself as a person that has the experience and capacity to buy their house and solve their problem. But you do need to have some tools in place, no question.