Direct Mail Marketing Advice
Hello!
My wife and I are just about to send out our first DM campaign. We are going to rehab SFR's outside of the Seattle area and need your feedback.
Our budget for DM for right now is $2,000/month and our goal is to find a property under $100K for our first flip (very doable outside of the Seattle area).
Does this criteria for our DM list sound good to you?:
70% or higher equity; 2/1 or more (even 2/1's are selling like crazy in our local market); Under $100K mortgage balance; Built between yrs.1900 thru 2000; Absentee Owner: Last recorded transfer of ownership yrs. 1900 thru 2000.
$2,000 is a lot for us right now for advertising so we want to ensure we are mailing to the correct audience of motivated sellers.
What do you think? Any feedback is welcome and appreciated!
Mike