All Forum Posts by: Charles Cline

Ok so the ends of the day report. Today I prepared another 100 absentee yellow letters to go out. I will put them in the mail tomorrow. I got two phone calls off the first mail out I did. I missed both calls, but called both back shortly. The first wanted to find out who I was, was very suspicious, in the end she just wanted to be taken off the list. The second didn't answer when I called and hasn't returned my call. I am researching Rebogateway and property radar to do my NOD mailers. Any suggestions?

Ok, so the mailing went out yesterday and the only call I got was someone who wanted to know who I was, how I got her information, and to be taken off the list.

Oh well, you gotta get the bad before you get the good.

Thank you Anthony

Every job is going to require a different tool, by the time the year is over you will have quite the assortment. I am a General Contractor with quite a bit of experience in most trades and I can tell you honestly, hire a professional. It isn’t much to hire a plumber to fix something, but the damage you can cause trying to fix it yourself can be immense. If you really want to do it yourself I would say don’t buy any tools until you need them. You are going to have to go to the store anyway to get the materials, there is no reason buying a tool just to lose it.

For my first Mailing, like I said it is absentee mailers. I used a yellow letter with a handwritten font, I got it looking pretty good with layout. It is a simple letter. All it says is "Hi "owners name",

My name is Charlie and I want to $buy$ your house located at "property address" Please call me at [REMOVED].

Thank you

Charlie

I used a standard white envelope that my assistant hand addressed. I used true stamps. The mailing of 100 went out today.

Ok, I am a brand new investor. Just to break down where I am. I am a licensed General Contractor, I was a realtor in the past and recently have submitted my application to renew my RE license, I am a client of Fortunebuilders education, and I have a mentor. Financially I have very little funds saved up, but decent cash flow coming in. I have coordinated with my mentor that he will fund all deals that I find and we will split the profit. I just need to find the deals.

The methods I am going to use are Bandit signs, which I ordered and should be in next week, and I am going to use Direct mail marketing. I purchased a list from Listsource of absentee owners in my town with equity and got just over 1000 names. I am breaking those names down into 100 name groups. I am sending out 100 every Monday and 100 every Wednesday until they are done. I am using yellow letters and I am going to track the mailings and test the results. I am going to try different things each time I renew the mailing to see what gets the best results. Next I am going to buy a list that has owner occupied homes that have elderly tenants and start adding them to my mail list. I am also going to start sending letters to NOD list of foreclosure radar (or is it property radar now?) I am going to send the list every 6 weeks on the absentee and every 4 weeks on the NOD.

I am going to track the results, or lack thereof and post them here. Please let me know what you think of what I am doing and what I can do better, any advise would be greatly appreciated.

Gene, there is a investment club in bakersfield, it is listed on Meetup.com. It is hosed by Kevin Oliver. They meet one wednesday a month at Carrows on Oak.

In California you need 4 verifiable years of construction at a journeyman level experience. if he is the client you could work as a project manager instead of a gc and manage all the subs as you would as a GC. in CA you don't need any license to be a project manager. But you have to be a employee of whoever you are working for

I guess the real question is, do they work? I mean if they get a amazing response, maybe they are worth the risk. If the get a insignificant response, maybe they aren't.

Thank you for your response Brian. I am really open to most anything, but I feel my competitive advantage would come in with badly damaged houses.