Best strategy for motivated sellers?
Hey, guys!
I’m looking to close my first wholesale deal. I just purchased my first vacation cabin and it’s absolutely CRUSHING it. Now, I want 50. (Haha!) I’m looking to acquire larger sums of cash to do so and I see wholesaling as a valid strategy.
I’ve taken courses on it and have a pretty good grasp on it. So far, I’ve tried a BIT of several things in the Phoenix valley.
- put out 20-30 bandit signs (zero calls)
- ran some FB/AdWords ads (I own a marketing agency, so I’m very fluent in this and still had no luck)
- knocked on 30-40 doors of people in pre-foreclosure
One avenue I haven’t done, but would be happy to invest $500-$1,000 in, is direct mail. Have you had any success with direct mail?
What numbers do you have on it?
Who should I target with my list-buying?
How many pieces should I start with?
I have designers on staff, so I could easily have beautiful cards created. Please help! :)