I'm just getting started on finding deals. I'm aware of driving for dollars, direct mailing, cold calling, skip tracing, hiring a VA and etc.
Do you recommend using all the methods or focusing on a key 1-2 tactics.
Any insight is appreciated.
Whats going on Deshawn,
When first starting out I would recommend playing offense, in other words taking a more proactive marketing approach. Cold calling will be the cheapest form of entry since all you need is a skip traced list, a dialer and a lot of motivation.
I made $30,000 when I first started by cold calling a pre foreclosure list. (list $100, skip tracing $30)
I then started learning and investing my earnings into other marketing channels.
Best of luck
@Joe Gonzalez - Great advice. I would definitely start there.
@Deshawn Peterson In addition to Joe's advice, I would recommend driving for dollars around your area as well. At the very least, you will learn the neighborhoods, learn property values, and get a "feel" for the market. You can also use deal machine to identify deals and cold call those individuals later / add them to your lead channel.
As a low cost addition to calling, I'd recommend even manually texting your list. You can get in front of people quickly and often get a quick reply as well to determine who is interested and who's not. The ones that are interested you can simply jump on a call with them.
There are tons of resources in the forum or across the site that can help.
Thanks for the reply everyone. Definitely helps. I was considering direct mailing via USPS and searching craigslist for my digital offense. In addition, driving for dollars.