Marketing Budget to Find Killer Deals

[Guillaume D.]

Hey BP Community!

I am curious to know how much money are you guys spending on average PER YEAR on marketing expenses related to finding deals?

In 2017, I've spent about 60k in Marketing and my ROI was a little higher than 1900% when adding up net profits from flips and equity from buy-and-hold of multi-families.

I'm wondering if I should keep pushing the envelope or not. Not sure if 60k/year is a lot, or low compared to what other active REI are spending. I consider myself an active REI since I've been doing it full-time for 2 years now, have completed 15 house flips and I currently own 100 doors most of which were bought in the last 18 months.

Thanks for your feedback!

G