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Updated over 12 years ago, 05/31/2012
How are you finding your deals? Lets Brainstorm on what's working
I wanted to get a topic started where we can all share where you are finding your deals. We are all seeing the MLS is not working. I'll start by going over how I'm finding my deals:
1. Direct Mail Marketing to NED List. I am mailing people on the NED each week to target short sale's to create a deal. I mail them a letter each week. Each week I switch from letter to postcard to letter to postcard. All my letters are very informative. I give information about the foreclosure and short sale process in each letter. With this method I am signing up a minimum of 5 deals per week. I just signed up 3 today.
2. Other Investor-Other investors are bringing me short sale leads to process.
3. Pay per lead websites-I pay for leads online from various websites. These website scout for people who want to sell their house. A have closed many deals from these leads. Not all leads are motivated sellers.
4. Subject 2 the existing loan marketing-I am doing postcard mailings for We buy houses in your neighborhood. I have specific neighborhoods I like to buy rentals in and I do a mass mailing each month to my neighborhoods.
5. Website-I have my We Buy Houses Websites that generates leads when people search sell house in my town.
6. Blogging and social Media-This is new to me and it does take time to get this rolling. But I've started doing this for my investment companies 2 months ago and have been seeing results.
7. Avoid Foreclosure Classes and Video's. I'm doing U tube video's to help homeowners avoid foreclosure as well as doing a class they can watch in their home. I tried to do a class once at my office and nobody showed up. I think they were too embarrassed.
I am targeting specifically Short Sales and Subject 2 properties. Lets hear what you guys are doing that is successful and what kind of deals you are targeting!