All Forum Posts by: Mark Ortega

Had just submitted 6 of my properties for a quote to get insurance with them but after reading this thread it makes me a bit nervous about buying the policies. @Jason Hartman Do you have any updates what happened with your claim? 

Do it in house. Get a full service mailing permit with USPS and the permit fee is waived. My standard mailing cost of postage averages between 0.23-.24 cents per piece. My total cost with ink, paper, envelope, postage, stuffer labor (pay my stuffer $12/hour) comes out to around 0.35-0.40 cents per piece. 

Invest in a good printer and folding machine. You startup cost of printer, folding machine, paper, and envelopes if you're doing under 5,000 envelopes per month should come out to around $1,000. You will recoup this cost quickly. As you grow bigger you will build systems that will eventually save you quite a bit of cash. 

If you get up to 30,000 envelopes per month and do it in house for an average cost of 37.5 cents versus outsourcing it for 61cents (Click2Mail.com price) you'll be saving over $7,000 per month. Just systemize the task so you have minimal time invested but ability to get your mailing done at the cheapest rate.

Side Notes:

Your stuffer should be able to stuff around 200-250 per hour with a folding machine

If your using an ink jet than train your envelope stuffer to refill the ink instead of buying genuine cartridges. (example my printers cartridges are $550 for a complete set but ink costs $30 and refilling takes 30 minutes. $520 saved in 30 minutes)

I was wondering what is the best route to finding note buyers that are willing to purchase a note at face value or close to face value.

How do you go about procuring a list of note buyers? Any personal stories, methods, or strategies for systematically finding note buyers would be greatly appreciated!