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Updated about 6 years ago on . Most recent reply

User Stats

22
Posts
9
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Wyatt Simon
  • Investor
  • Omaha, NE
9
Votes |
22
Posts

Creating Consistent Deal Flow

Wyatt Simon
  • Investor
  • Omaha, NE
Posted

Hi BP, 

I am looking to increase my deal flow. Last year, after MANY offers, I was able to put together 1 BRRRR using the MLS in my Omaha market. However, I have not been able to make this a repeatable success and I am getting burnt out on this method.

What I'm looking to accomplish is create something that I can get sustainable deal flow through. I have been doing some research and speaking other investors about what the best way to do this for me is. 

What I've gathered so far is that I need to get a list of properties that I am seeking and go after them. I do have a specific area that I'm targeting in my market, so I've narrowed down where I want to invest, now I need to purchase a list. I can then choose how I want to attack the list, whether direct mail, cold call, or hand-written letters. 

So now that you understand my situation, here are my questions: 

For investors that are already using lists, what are the best places to find a list and what key criteria do you use to make your list? 

Most Popular Reply

User Stats

3,440
Posts
3,644
Votes
Michael Quarles#1 Marketing Your Property Contributor
  • Flipper/Rehabber
  • Bakersfield, CA
3,644
Votes |
3,440
Posts
Michael Quarles#1 Marketing Your Property Contributor
  • Flipper/Rehabber
  • Bakersfield, CA
Replied

I’m currently marketing to 65000 equity owners via direct mail.  

I like 30% plus equity, 5 plus years ownership, SFR, under median and no corps or trusts.

I do some code violations, unlawful detainers and probate marketing however the list size is small  

I’m also spending 15,000 a month on TV in my market that gets me 49% reach and a 12 frequency 

PPC YouTube and Facebook I am enjoying as well. 

You can see my commercials at sellcash.con. 

Our industry is all about marketing. Whether a small or large budget we must continue to do it every month. 

Happy house hunting 

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