Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 10 years ago on . Most recent reply

User Stats

310
Posts
34
Votes
Precious Thompson
  • Real Estate Agent
  • Philadelphia, PA
34
Votes |
310
Posts

Wholesaling

Precious Thompson
  • Real Estate Agent
  • Philadelphia, PA
Posted

What type of expenses does a wholesaler need to prepare for?

Most Popular Reply

User Stats

137
Posts
30
Votes
Michael Westberry
  • Wholesaler
  • Rock Hill, SC
30
Votes |
137
Posts
Michael Westberry
  • Wholesaler
  • Rock Hill, SC
Replied

You can eliminate marketing costs at first by talking to everyone you know and ask them if they know anyone who needs your service.

Also, I would recommend having a marketing budget even if that budget is not large.

I would suggest starting with 500-1000 names per month and setting aside that money for 3 months with or without a deal. Divide the mailings by week per month (4 mailings) and then repeat for the next 2 months with different letters.

If you cannot set this money aside yet, I would suggest getting a part time job or driving for uber in order to set up a marketing campaign.

The campaign is crucial to your success.

Loading replies...