New ways of finding off market deals
8 Replies
Ronny Tiburcio
from New York City, NY
posted 4 months ago
Hey guys, I am always looking to find different ways to find more off market deals. Besides networking, direct mail, and PPC, anyone using other methods to get more leads coming your way?
Jerry Puckett
Wholesaler from Fort Worth, TX
replied 4 months ago
Hey @Ronny Tiburcio !
Just curious, are you currently pursuing networking, direct mail and PPC? If so, to what degree?
Networking is a very broad category....could mean anything from REI meetings to distributing business cards to addressing a luncheon of Probate lawyers (and many many more).
PPC has various applications including social media.
Direct mail has many faces and multiple targets.
Besides what you have mentioned above, if we assume that networking is all forms of in person communicating, PPC (together with SEO) is all forms of internet marketing, and direct mail to be inclusive of the wide variety of lists and media available, then I can only think of a small number of communication methods you are missing:
- Telephone (Calling and texting)
- Visual (Bandit Signs, Billboards, TV)
- Audible (Radio, Podcast)
What people usually mean when starting a conversation like this is "how can I spend less and make more" which is a valid question, but my guess is that if you applied yourself more fully to any of the channels you currently have going you could increase your deal flow.
There are more places you can speak, more people you can mail and someone like @Jerryll Noorden could surely show you how to explode your internet presence. If you can spend a dollar and make two, it makes sense to spend more dollars diving deeper.
David Nacco
Rental Property Investor from Suffolk, VA
replied 4 months ago
@Jerry Puckett basically covered it! That’s some great info right there. On a side note the BP podcast show 176 has some amazing information on direct mail!
Ronny Tiburcio
from New York City, NY
replied 4 months ago
@Jerry Puckett We are currently pursuing all of the above mentioned methods to find deals. Most of are deals are coming from Direct mail, talking to wholesalers, talking to agents, and Driving for Dollars. I just like to ask questions like this to make sure I am up to date with any potential new ideas that we might be using right now. Thanks for the feedback.
Ehsan Rishat
Specialist from Carlsbad, CA
replied 4 months ago
@Ronny Tiburcio have you tried listsource before? If not, you should definitely try them for off-market deals. I hope you're already doing direct mail and ppc? How's it going for you?
Ronny Tiburcio
from New York City, NY
replied 4 months ago
@Ehsan Rishat Everything going well. Just trying to fill that funnel with as many leads as possible.
Stefan Tsvetkov
Rental Property Investor from West New York, NJ
replied 4 months ago
New apps such as DealMachine are making the process of finding off-market deals easier. I would look in this direction, as well as RE meetups if willing to partner with others.
Ronny Tiburcio
from New York City, NY
replied 4 months ago
I will look into deal machine. Thanks @Stefan Tsvetkov
Vaughn Smith
Real Estate Agent from Verona, NJ
replied 28 days ago
@Ronny Tiburcio I can attest deal machine is pretty solid, from what I've heard you can find sellers in facebook groups and with ads on social media as well. Lastly you may want to call landlords with aged rental listings on craigslist, zillow etc. they may be ready to off load their property
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