Creating List for Listsource to find Motivated sellers rookie

[Teonia Riley]

I want to create a cheap list since im on a budget, but I also dont want that to hinder me from learning something of my interest. I want to try to keep the list under $100, but I don't quite understand what to look for in creating the list that will still be worth value to send out postcards. 

If anyone can guide me to some clarification, im definitely willing to learn, listen, and perfect my knowledge with wholesaling. 

thanks everyone.

[Nathan Gesner]

You're probably wasting your time, for two major reasons:

1. Direct mail, cold calling, and other techniques are a numbers game. The response rate is somewhere around 2% and out of those responses, fewer than 10% will result in a sale. You have to throw a lot of addresses into the hopper in hopes that a few deals shake out.

2. You have to be consistent. If you send 2,000 mailers today, you are unlikely to get a call. It may take you several months before you start getting calls and then - eventually - your mailers will start to gain traction as people start to remember you. You can't mail once, or even three times, and then call it quits. You have to set the money aside in advance, develop your plan, and then execute and continue executing even when you feel like giving up.