How are successful fix and flip investors advertising??

Question

Hello Bigger Pockets. I just completed a great fix and flip in Tacoma Washington and I’m looking to scale up. I’m wondering how are successful fix and flip investors advertising?? Where do you see most results?? Hoping to hear some creative ways to get the word out!! Anything helps, any input on how you get deals consistently or calls consistently! Thanks again. Please comment or personal message. Thanks again!

Jonathan Greene · Answer

Radio is surprisingly one of the best options for fix and flip, buy with cash investors if you want to scale up, but if you open that door you have to have the systems and callers and responders to back it up. The best thing about radio is that every lead is warm to hot or they wouldn't bother calling. To scale up, you don't want more leads, you want better leads.

Ray Evans · Answer

@Leland James Success is in the eye of the beholder.If your doing 1 flip is success 1 more 3-5 a year 10-12?Scaling up to me leads to success.I am in your same position,and I joined one of the big education REI groups.Starting out FB adds,Craigslist adds and bandit signs can help you scale up.Eventually building a team that includes an acquisition manager to bring in qualify and accept leads for your business.I have a CRM and access to send post cards or yellow letters to different situations.I have targeted pre foreclosures,out of town owners,etc.Always have a sign in your current projects too,people are curious some of my best referrals have been through my own projects neighbors.You have to do some research to see what works in your local market.Keep up with what is working and what is not.KPI.Scale up at your pace,you are successful!

Best of Luck!

Jonathan Greene · Answer

@Leland James one of my friends in an investment/agent Mastermind group has been doing radio for fix and flip and cash buys for houses for years. He averages one appointment a day and all of them are hot leads because they are reaching out to them directly. No chase.

Leland James · Answer

@Jonathan Greene

Definitely!! Quality leads!!! Radio is pretty successful? Have you or someone you know done it??

Greg Dickerson · Answer

There are lots ways to find motivated sellers and off market deals. You can purchase lists with different motivations like absentee owners, 60-90-120 days late on mortgage, pre-foreclosure, delinquent taxes, water cutoff, code violation, evictions, probate, divorce, etc. and mail or cold call. Other methods are driving for dollars, door knocking, wholesalers, wholesaler deals that fell through, craigslist, Realtors, FSBO sites, expired listings, put out bandit signs, billboards, newspapers, other offline publications, home health care, hospice, assisted living facilities

You can use pay per click/adwords, motivated seller website with SEO, facebook, Linkedin, Youtube, and other forms of online and social media marketing. Compete with I-buyers with emphasis on being local.

If you have a big budget you can do radio, TV and billboards. Lots of bigger outfits do well with these mediums.

Javen Harris · Answer

@Tim Oppelt

I’m interested in hearing more about how you pull in leads? I am currently looking into rehabbing full time and will need consistent quality leads. I’ve used paid per click and all leads seem to be dead leads. I’d like to connect

Tim Oppelt · Answer

@Leland James ppc may be a great option for you. Radio is great, but I hear it's a lot of manual work getting setup as well. If anyone knows of hands-off turnkey radio advertising hit me up! Direct mail can also be time intensive to do it RIGHT. I run ppc for a lot of investors across the country (and my own biz), and most of them are using it as a way to increase their net profit with virtually no time involved on their end. The leads are super hot and you can get started in no time. It might be an option for you. I wouldn't recommend doing ppc on your own unless you already have a good understanding of it, otherwise you will probably burn a lot of $$$.

Leland James · Answer

Thank you!! X100!! Very insightful! Thank you! Great ideas here that I didn’t think about :) thank you.

How are successful fix and flip investors advertising??

How are successful fix and flip investors advertising??

Most Popular Reply

8 Replies