Wholesaling with 3000 budget

[Angelo Lelievre]

I'm new to the wholesaling business and wanted to know how to get started with $3000 Budget. Also what list is the best list to pull from listsource. I've tried the equity list with out of state absentee owner but not many come up in my county. I would love to here from you guys.

[Dev Horn]

Consider dividing the $3K by 6 and setting a $500 per month marketing budget for the next 6 months.

Use Listsource.com but consider ALL absentees - not just out of state (OOS).  OOS absentee's are a small subset of the larger absentee pool.  There is no particular advantage or reason to only mail to OOS owners.

If you do direct mail, most respondents will prefer to CALL you at a local phone number, so you'll need that.  If you do online, you'll need a landing page or web site.

Only commit about 80% of your monthly budget - other expenses will come up (buying a mailing list, getting bus cards, etc.).  With the 80% - if you'll do direct mail, keep your cost at around 50 cents per mailing so you can hit twice as many addresses as you have dollars. ($500 per month x 80% = $400... $400 / 50 cents = 800 mailers...  that's the size list I'd look for on that budget!)