Real Estate Agent · Hampstead, MD · Member since 2017 · 19 posts · 8 votes
Hi All,
This question is for those who have flipped 4+ properties in the last 12 months. You have $12,000 (2k per month) for the next 6 months as a marketing budget. Where are you allocating the funds to get the phones ringing and fill your pipeline?
Real Estate Investor & Consultant · Los Angeles, CA · Member since 2016 · 620 posts · 386 votes
8y
@Ryan Wilkerson put the money in the bank and keep it for operation costs..get our site up to date...host a networking event at your current flip...do not spend on mailers...let the wholesalers do that and you go find your own deals by networking with agents and searching online yourself.
Winston Salem, NC · Member since 2017 · 201 posts · 56 votes
8y
Are you referring to getting leads to flip? If so I dnt have a marketing budget. Problem I see too many people dnt know what they are doing. Just like everybody else.
Real Estate Agent · Hampstead, MD · Member since 2017 · 19 posts · 8 votes
8y
John correct, the marketing budget would be allocated towards filling the pipeline with leads for the purpose of closing more deals. We are utilizing a number of different mediums in our business currently, I was just curious to see what others are doing at the moment and what the returns are.
Real Estate Investor & Consultant · Los Angeles, CA · Member since 2016 · 620 posts · 386 votes
8y
@Ryan Wilkerson put the money in the bank and keep it for operation costs..get our site up to date...host a networking event at your current flip...do not spend on mailers...let the wholesalers do that and you go find your own deals by networking with agents and searching online yourself.