Real Estate Professional · San Jose, CA · Member since 2016 · 72 posts · 14 votes
Hello Bigger Pockets,
I have A LOT of returned mail I want to tackle and cold call them. Also, with my limited budget of marketing after sending out my mailers beginning of the month I would be dry the last 2 weeks.
I want to take initiative, and be cold call as much as I could in my spare time which I don't mind doing, if even tracing ALL my current lists in my pipeline and start calling.
I know there are some websites out there like TLO, accruint, and a couple others but I have been informed that you will need a corp/llc set up.
Does anyone know any skip tracing websites that let you do it as much as you can in a monthly subscription bases?
I understand your frustration. During my first couple of years investing, I received ample of returned letters. Last year alone, we had thousands of returned yellow letters and postcards! We sent out about $30k in mail. While we returned a profit, it was very tedious having to go back and skip trace the correct addresses, re-address the letters, then send them out again. I'm still receiving returned letters from our direct mail campaigns from 12 months ago.
The short answer to your question is that there isn't a company that offers a flat-rate subscription where you're able to skip trace as much as you'd like. If any company is offering this, the data is significantly inaccurate. Tools like Spokeo and White Pages may offer "unlimited" plans, but the numbers are outdated. As a workaround to this issue, I applied for access to TLO and a couple of the premium data sources. Once we skip trace all of our lists, we cold call all every lead and gauge them for motivation. I researched this topic exhasuvaiely last year and found that the only way to do w efficiently is to have everything set up in-house.
I understand your frustration. During my first couple of years investing, I received ample of returned letters. Last year alone, we had thousands of returned yellow letters and postcards! We sent out about $30k in mail. While we returned a profit, it was very tedious having to go back and skip trace the correct addresses, re-address the letters, then send them out again. I'm still receiving returned letters from our direct mail campaigns from 12 months ago.
The short answer to your question is that there isn't a company that offers a flat-rate subscription where you're able to skip trace as much as you'd like. If any company is offering this, the data is significantly inaccurate. Tools like Spokeo and White Pages may offer "unlimited" plans, but the numbers are outdated. As a workaround to this issue, I applied for access to TLO and a couple of the premium data sources. Once we skip trace all of our lists, we cold call all every lead and gauge them for motivation. I researched this topic exhasuvaiely last year and found that the only way to do w efficiently is to have everything set up in-house.
I remember well being exactly where you are with all of those letters.
@Robert Wilson, the TLO subscription cost varies based on your volume. It's been a while since I opened my account, but I want to say I started at around $500 a month. If your total number of searches runs over your monthly cost, you just get billed at your contracted rate for each report.
Unless they've made changes to it, the application process consisted of a background check on you and your company, and then an onsite inspection of your office where they question you about physical and IT security related things and take pictures to document.
I understand your frustration. During my first couple of years investing, I received ample of returned letters. Last year alone, we had thousands of returned yellow letters and postcards! We sent out about $30k in mail. While we returned a profit, it was very tedious having to go back and skip trace the correct addresses, re-address the letters, then send them out again. I'm still receiving returned letters from our direct mail campaigns from 12 months ago.
The short answer to your question is that there isn't a company that offers a flat-rate subscription where you're able to skip trace as much as you'd like. If any company is offering this, the data is significantly inaccurate. Tools like Spokeo and White Pages may offer "unlimited" plans, but the numbers are outdated. As a workaround to this issue, I applied for access to TLO and a couple of the premium data sources. Once we skip trace all of our lists, we cold call all every lead and gauge them for motivation. I researched this topic exhasuvaiely last year and found that the only way to do w efficiently is to have everything set up in-house.