Building a prospect list for wholesaling
1 Reply
Craig Noyes
from Fort Walton Beach, Florida
posted over 3 years ago
I'm choosing to pursue a Facebook marketing campaign instead of a direct mail marketing campaign. However, i'm trying to figure out the optimal list to build for this purpose. I'm using ListSource and I know what I want to choose geographically, but the other aspects of the list criteria are a little confusing; mortgage types, demographics, property types etc.
What sort of things should I be considering in building a list to target possible sellers? What would be the best way to build this list?
As always, all assistance is greatly appreciated.
Marvin McTaw
Rental Property Investor from Atlanta, GA
replied about 3 years ago
@Craig Noyes you basically want to limit your ListSource list down to the qualities and characteristics that will make a deal happen. For example, if you know your buyers want houses and not multi-family, narrow your list down to that. If you know you have to buy houses at 50% of ARV then you should probably make sure they have enough equity in their homes to be able to sell them to you at the right price. Hope it helps!