Can I buy less bandit signs?

[GRIDcorp]

     Marketing is an art. Gone are the days of putting out a shingle and the town knowing your the local _________. In order for your marketing to be truely effective it must be 3 dimensional and provide some level of sturation.

    Here is what has worked for me as far as construction goes but I am sure will translate to my REI marketing.

    1. I pay someone 5% of the gross sale price of the job to canvass a neighborhood. A letter size flyer advertises my business on day glo paper. 500 sheets for $14, plus .04 cent per copy on 4 cent friday at the UPS store. Total $35  or less. We hit every house, not just the one with bad roof, old windows, or other problem. It is often the best maintained home that gets work. 5% is a good motivator the right person can make a substatial income part time. My 13 year old knocked down $3500 in one neighborhood last year in less than a month part time and I made over $50K.

     2. I put up signs all over the neighborhood I work in. I use a map and locate all the streets. This will show me where the exits are often there are 5-6 streets that lead out of the neighborhood. We also place signs at intervals throughout the neighborhood. The signs I get run about $250 for a hundred and pay for themselves with one job. Normally the neighbor looks out the window sees the signs and calls.

      3. The thrid dimension. ON ALL my marketing materials I put my Phone Number, email, and web site. Give the consumer options to contact you in the way that best suits them. The web site can be bookmarked and used much later. The more exposure someone has to your message the more likely it is you are to prompt them into action.

REI is a business you must be prepared to make an investment of time and money into it. Your results will be a % of your total effort. LITTLE EFFORT = LITTLE RESULTS. HUGE EFFORT = HUGE RESULTS.

You may want to read everything you can about Guerilla Marketing. Some of the money issues can be overcome with sweat but be prepared to invest the resources of your sweat into marketing not buy steaks.

[cincyben]

All good stuff - the thing that struck me is your comment Little Effort = Little Results, Huge Effort = Huge Results

Folks this is the truth.  Many people are under the impression that wholesaling is the easy way to making money in real estate - it isn't - it is hard work if you want to consistently close deals...

You've got to roll up your sleeves and get to work!

You can't put up 1 sign and then hope the phone rings...

[GRIDcorp]

     Wholesaling is a great way to get into investing you can make alot of money with very little headache. BUT it is an intense process. The work involved is tremendous. Many people think I'll just option the property and sell it. Then set out to find a deal and a buyer. Putting the two together requires hard work. Hearing people say they want to wholesale some properties gets me excited because I know most will never become successful but a few will find a new way of life.

     To be a good wholesaler you must think like an investor, provide solutions for homeowners, be a private investigator, an inspector, a marketer, and a saleperson. Plus much more. Donald Trump sums it best in The Art of the Deal. You must have a passion for the Deal, or it is just a bunch of pain in the butt work no matter how profitable.

[tentalentsinvestor]

Can't wait til my signs come...Past 2 1/2 months I tried flyers, letters and business cards and haven't generated any leads yet. But I see tons of Bandit signs in my city so I'm pretty sure that's what's working for other investors here.

[avinashjog]

In order to promote your property among the local markets, using bandit signs is imperative. It is the best way you can communicate to the city residents about your property.