Update On First Direct Mail Campaign

Update On First Direct Mail Campaign

Flipper/Rehabber · Chicago, IL · Member since 2013 · 319 posts · 153 votes

Hello BP Community,

I have been updating everyone on my first yellow letter mailing, so I wanted to share with you how things are currently going. I was very conservative for my first direct mail campaign sending out only 250 pieces to an absentee owner list for my area on the south side of Chicago. I used the services of one of our own in the BP community@Michael Quarles for actually seeing this and sending me out another 250 yellow letters at no additional  charge. I thank him a lot for that because this mail-out has produced me with several potential deals, and I am confident that my first true wholesale deal(s) are very close. I will continue to keep everyone posted, but I just want to let those newer investors that may be hesitant to take those first steps and make something happen know that it may be scary at first, but inactivity will never let you experience what may or may not happen. Once you feel you've educated yourself enough on a subject, and you feel confident enough to take those first steps, don't be afraid to move forward. You will NEVER learn everything that there is to know, so the experience from being active and being around people who are doing those same things you want to do, that will help progress your business, and I feel it will make you a much more successful real estate investor. 

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  • Investor · Montgomery, TX · Member since 2014 · 386 posts · 151 votes
    12y

    good job! I just sent out my first 200 of 436 hand written letters. 4 calls, 3 people asking to be removed and one possible lead.  Unfortunately, I was expecting the letters to hit tomorrow because I am out of the country right now.  I was hoping to talk directly with them when they called.  

    Did most people call immediately when receiving your letters or would they call a week or two later?

    Do you plan on hitting the same list for 6 months?

    Good luck.

  • Flipper/Rehabber · Bakersfield, CA · Member since 2008 · 3k+ posts · 3k+ votes
    12y

    @Larmon Cummings Jr 

    It is amazing the difference a list will make. I am happy to see the new letters worked better. 

  • Flipper/Rehabber · Chicago, IL · Member since 2013 · 319 posts · 153 votes
    12y

    @Mike Landry 

    I could tell that the majority of the calls came in as soon as they received the letters because the calls would come in all around the same time. This has taught me a lot in itself because I now know when my letters hit the people on my list and they start calling, I know when that happens I need to make myself available to field those calls. Its all a great learning experience, and the more I do this I know my skills will improve and allow me to grow my business. I do plan on hitting this list again, but I doubt it'll be for the total 6mos. I was thinking about hitting it with postcards then another round of yellow letters, then I'm gonna attack a new list. Good luck on your mailing, make sure you keep us updated on your progress.

  • Realtor & Investor · Houston, TX · Member since 2013 · 48 posts · 19 votes
    12y

    Congrats on getting out there and taking action. I started my first mailing last week and plan on sending another 200 tomorrow. Even though I haven't really gotten great responces yet, the feeling that I'm actually doing something and putting my plan in motion has made me way more confident than before when I was just thinking about starting my business. Keep us posted on how things go as I'm sure you'll start landing deals soon!

  • Sacramento, CA · Member since 2015 · 42 posts · 3 votes
    11y
    Originally posted by @Michael Quarles:

    @Larmon Cummings Jr 

    It is amazing the difference a list Nuwill make. I am happy to see the new letters worked better. 

     Hello Michael,

    I'm curious I also am sending out my first 250 letters tomorrow. I have a partner and his job is to send out the letters nd address all of the envelopes, and I'm funding everything. Does your business actually send out the letters as well? 

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