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Updated almost 6 years ago on . Most recent reply

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21
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Gary McKissick
  • Denver, CO
8
Votes |
21
Posts

List Source?

Gary McKissick
  • Denver, CO
Posted

I am new to investing and ready to jump into my direct mail campaign.  I have very limited capitol so trying to find any ways to cut costs.  When I go to purchase the list it shows in detail what everything costs.  My question is what is the "Appended Output Fields/Standard Mortgage Leads" entail compared to the criteria stuff?  I can remove the "standard mortgage leads" so I'm curious if you need it or not.  It cut the list costs in half which is something that'll be beneficial if I am going to spend 500-1k over the next 6 months doing this campaign. 

Picture of what I am talking about

Most Popular Reply

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1,893
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2,226
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Dev Horn
#3 Marketing Your Property Contributor
  • Flipper/Rehabber
  • Arlington, TX
2,226
Votes |
1,893
Posts
Dev Horn
#3 Marketing Your Property Contributor
  • Flipper/Rehabber
  • Arlington, TX
Replied

Dallas is competitive (Forbes says my Arlington TX market is the top investor market in the U.S.) , but the actual property prices are still very reasonable.  Everyone out here is hungry for deals, tho!!

Listsource is one of my top research tools - you're smart to use it that way.  It can give you a LOT of insight.  For example, you can look at ZIP CODES and get the total # of SFRs and compare that to the # owned by absentees.  Put that data into a spreadsheet and compute the % of absentees in each area - this will help you to see areas where investors buy houses.  Here's an example of what I'm talking about:

You can see that 77573, 77584, and 77598 each have more than 30% absentee-owned properties.  Those are prime investor areas where you will find more rental units.  77062 is less than 20% absentee-owned, so it's probably not as attractive to investors.  This data can be pulled from Listsource at no cost.  I think it's a great tool (and we like to buy & use their data, too!)

  • Dev Horn
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