Wholesaling
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago on . Most recent reply

Marketing rock stars I NEED HELP!
Alright here's the quick and Dirty.
I did my first wholesale deal and made $9348.60 I want to 10 X my business and go straight to investing all of that money back into marketing. Is this crazy a good idea or bad idea I need some input.
This deal was first constructed by driving for dollars and sending out letters by hand. I sent out five letters to this person and three months later he excepted the offer.
If I wanted to reinvest all of this money is it better to send out all on one mailing or do several mailings to the same list?
All advice at this point would be amazing thank you
Most Popular Reply

Hello @Nate Hawkins! That's awesome about your first wholesale deal! Way to go!
As for your question, if you are wanting to invest all your profit from that deal into direct mail marketing, I would definitely recommend using it over a period of time as opposed to all at once. The reason being that direct mail tends to work best when you send a campaign of 5-7 different pieces, 4 weeks apart from each other. Follow ups are key as the average person takes 3-5 touches before picking up the phone to respond, just as you saw with your own mailings.
Feel free to PM me if I can help any further! Happy investing!