All Forum Posts by: Account Closed

Welcome to BP George! Best of luck!

@Justin Silverio @Claire Trammell Last question (hopefully) for you guys. Are there any companies/sites you'd recommend for direct mail services? I'm pretty sure I want to start off sending postcards with some contact info like my number and website.

@Claire Trammell Listsource is what I've been leaning toward using. Roughly how many leads do you need from listsource to yield a single deal for you?

@Justin Silverton @Claire Trammell Thanks for the great advice guys! Any suggestions on what services to use to find motivated sellers? Everyone seems to like listsource

@Justin Silverio I'm glad to hear that you have found the most success with direct mail. Can you provide an example of how you were too conservative with your numbers?

@Richard Bradshaw Thanks for the advice!

@Sundeep Amin you stole my question! :)

I've played with sites like listsource.com a little and I'm curious how large of a list do you need to find quality deals? Are we talking on the magnitude of a few hundred or a few thousand? Is it better to target one group of motivated sellers, say pre-foreclosures, over another group, say REOs

@Kyle Godbout @Jim Hart Thanks for the advice guys! 

Kyle, I'm assuming the market in Omaha is a lot different from SoCal. I don't have access to the MLS out here that's why I was leaning toward direct mail marketing, I will probably look into driving for dollars as well.

@Kyle Godbout my feeling right now is that direct mail marketing is the only way to still find those good deals, any thoughts?

I am a new investor in the SoCal (Palmdale/Antelope Valley) area I am torn between when I should start investing. 

From talking to other somewhat experienced investors in my area, I've had some people tell me to wait for the market to cool because prices are too high and seem to be rising right now to get into either the buy-n-hold or flipping game. Others, have said there is always money to be made if the deal is right and start now.

I'm curious what some of the more experienced investors on BP think is the best way to go. Should I jump into buying my first property now or continue to build my cash reserve and wait for the market to cool back down?

Thanks for the help!

Hi Sean, welcome to BP! 

I am a new member as well, so far this site has been of great help to me. The people on here are amazing. 

Your mention of IE triggered one of my keyword alerts as I've been fairly interested in that area as I start my investment career. 

Best of luck and see you around BP, 

Chris 

Awesome, I really appreciate it! I tried to send you a "note" (is that what direct msgs are called on here?) let me know if you didn't receive anything.