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Author Topic: Direct Mail Question  (Read 4376 times)

Offline NormanB

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Direct Mail Question
« on: January 10, 2018, 01:29:21 pm »
Why send mail to vacant or abandoned houses, isn't that counterproductive?

Offline Luke9686

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Re: Direct Mail Question
« Reply #1 on: January 10, 2018, 02:02:48 pm »
Skip trace the owner and find out where they are.  Call them if possible.

Offline NormanB

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Re: Direct Mail Question
« Reply #2 on: January 10, 2018, 02:56:54 pm »
Skip trace the owner and find out where they are.  Call them if possible.

That would seem a better option. But for new investors like me,  can you recommend a service that won't break the bank.

Offline Randoskie

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Re: Direct Mail Question
« Reply #3 on: January 10, 2018, 07:47:14 pm »
First, find a friendly Title Company, I use First American, they at first wanted to know who I was and etc. I told them a straight out bold big ass frikin lie. My name is Randoskie I have done several deals thru your Title Company and I will be doing more.
I now have an endless stream of title reports at my command, I can send in 20 addresses or more a day and most times get them back in a few hours. I feel guilty, I've never used their title company to run a wholesale deal thru.
Oh and let me tell you about these title reports. Full rundown on the property, tax asses value, year built, owners name and sometimes mailing address, tons of frikin info, and the kicker is, I also get comparables or recently solds, it's like Christmas.
I'm a bottom feeding wholesaler, I can get down and dirty and eat with the dogs.

Offline NormanB

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Re: Direct Mail Question
« Reply #4 on: January 10, 2018, 10:13:44 pm »
First, find a friendly Title Company, I use First American, they at first wanted to know who I was and etc. I told them a straight out bold big ass frikin lie. My name is Randoskie I have done several deals thru your Title Company and I will be doing more.
I now have an endless stream of title reports at my command, I can send in 20 addresses or more a day and most times get them back in a few hours. I feel guilty, I've never used their title company to run a wholesale deal thru.
Oh and let me tell you about these title reports. Full rundown on the property, tax asses value, year built, owners name and sometimes mailing address, tons of frikin info, and the kicker is, I also get comparables or recently solds, it's like Christmas.
I'm a bottom feeding wholesaler, I can get down and dirty and eat with the dogs.

That sounds like something that is doable fro me. It's time to get my first deal done.

Offline Jerryll

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    • Home Cash Buyer Site
Re: Direct Mail Question
« Reply #5 on: January 30, 2018, 08:22:34 am »
Why send mail to vacant or abandoned houses, isn't that counterproductive?

?! You were never supposed to send mail to abandoned houses. What the heck?!

You are supposed to find the owner of these houses and send the mail to where they love now!
Cash For Houses In Connecticut
5 River Rd . Suit 305
Wilton, CT 06897
Want to be successful in real estate Investing? I have written a step by step guide with tasks to follow to get your first paycheck!

Offline Dmccright

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Re: Direct Mail Question
« Reply #6 on: January 30, 2018, 09:05:23 am »
 :deal :flush
Why send mail to vacant or abandoned houses, isn't that counterproductive?

?! You were never supposed to send mail to abandoned houses. What the heck?!

You are supposed to find the owner of these houses and send the mail to where they love now!

 :deal :flush

Offline ThePropertyWhiz

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    • My Cash Offer Site
Re: Direct Mail Question
« Reply #7 on: February 16, 2018, 08:09:26 pm »
Yep, what Luke said. 

1. Find Vacant homes
2. Send a list of vacant homes to be skip traced
3. Get on the phone and call the owners directly

Offline amazeproperties

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    • Joseph Buys Homes
Re: Direct Mail Question
« Reply #8 on: February 16, 2018, 09:01:02 pm »
What I've done is if I get the mail returned or it's vacant, I'll just use white pages or just google their name or use tax records to find where they live now or family members and send to them.  If that fails, I'll knock on neighbors doors and tell them I want to buy that ugly vacant house and fix it up.  I've gotten a couple deals of that before.
Joseph Mazur
Amaze Properties
www.JosephBuysHomes.com

Offline NormanB

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Re: Direct Mail Question
« Reply #9 on: February 21, 2018, 09:52:38 am »
Ok, got it.

Norm,

Offline phxrei

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Re: Direct Mail Question
« Reply #10 on: March 10, 2018, 02:11:21 am »
I've been trying to get into direct mail for awhile but I hear it's expensive.

Offline Dmccright

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Re: Direct Mail Question
« Reply #11 on: March 10, 2018, 09:11:56 am »
I've been trying to get into direct mail for awhile but I hear it's expensive.

It's about as expensive as any other marketing right now.

Offline Randoskie

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Re: Direct Mail Question
« Reply #12 on: March 10, 2018, 10:20:44 am »
My main focus is on direct mail, but I'm embarrassed to say how little I do and how little I spend.
I get my reams of white card stock on Amazon and I have office max cut them into postcard sizes for cheap.
I got a nice handwriting font and my sister uses mail merge to import each homeowners name off of my excel sheets.
My recent list cost $380 from Listgiant for 2,500 names of absentee owners. It costs about 40 cents to mail each post card.
I have only got a dozen calls on the first mailing. But slammed 2 deals for 35K in assignment fees. With about 5-6K in expenses for bird dog, 10% for printing, and postage. I believe that leaves some good profit.
So even with my limited brain capacity I believe I can do better and have doubled my mailings from 1-200 a week to 3-400.

The only time I lost money was when I first started and I spent 4 grand mailing to a free list I got. Back then I didnt know a deal from a hole in the ground, but I got one deal, I got a fixer for 10 Grand and sold it for 12K My first wholesale deal. I lost 2 grand but I was enthusiastic. I learned fast, don't send so many all at once, bcuz I was over run with calls and didnt know wat the heck I was doing.
My favorite lists are out of state owners, next is absentee owners with pre-1970 properties.
It's scary spending hundreds of dollars a month on this and not knowing if you just wasted your grocery money.
Imagine how exciting it is to get that call from a distressed homeowner about his vacant fixer.



Offline DLee

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Re: Direct Mail Question
« Reply #13 on: March 11, 2018, 07:40:11 pm »
I've been trying to get into direct mail for awhile but I hear it's expensive.

It's about as expensive as any other marketing right now.

TOTALLY disagree. I am getting about 6 to 8 leads a day. These leads are high quality hot leads, of people begging us to buy their house. All FREE! (other than hosting charges for my website).


I keep telling people about the power of a #1 ranking website. I still do not understand why most investors see a website as a secondary thing. I do not spend  cent on marketing and our leads are of highest quality. It is just nuts to me how people neglect this yet they spent a fortune on direct mail marketing.
We do zero marketing, no facebook no craigslist no adworks. I just work on SEO all day long!

Offline Dmccright

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Re: Direct Mail Question
« Reply #14 on: March 11, 2018, 10:45:47 pm »
I've been trying to get into direct mail for awhile but I hear it's expensive.

It's about as expensive as any other marketing right now.

TOTALLY disagree. I am getting about 6 to 8 leads a day. These leads are high quality hot leads, of people begging us to buy their house. All FREE! (other than hosting charges for my website).


I keep telling people about the power of a #1 ranking website. I still do not understand why most investors see a website as a secondary thing. I do not spend  cent on marketing and our leads are of highest quality. It is just nuts to me how people neglect this yet they spent a fortune on direct mail marketing.
We do zero marketing, no facebook no craigslist no adworks. I just work on SEO all day long!

That's your niche and it's working so good for you. Me trying to figure out SEO would cost twice as much as direct mail. Idk maybe I'm not millennial enough. I mean last time I did SEO I was spamming sites with back links lol.

 




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