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Updated over 5 years ago on . Most recent reply

Maketing for notes - as part of being a whoelsaler
Hi all, and thanks ahead of time ...
I was told by a 7-figure earner in the online marketing (not notes specifically or even REI) space over the last 15 years personally yesterday that it's strictly illegal to text a person withOUT their consent. So when I skip trace a list of noteholders and use CALLTEXT.COM to text them 1 text a week for 4 weeks that is STRICTLY ILLEGAL since they never "opted-in". I assume this guy is 100% right and that I should stop (I have btw) doing that immediately.
What say you?
Thanks again.
-Sean McIntire
Most Popular Reply

I would be very surprised if you were to get much, if any, response by unsolicited texting- potential illegalities notwithstanding.
Whereas, direct mailing to a good purchased list of note holders can be quite profitable, especially once you've been at it for several months. Follow-up is key. If you just send out one mailing, that's not going to cut it over time. In my experience, most of the closed deals are unearthed on the follow-up.