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Updated over 9 years ago on . Most recent reply

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13
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2
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Zachary Haded
  • Methuen, MA
2
Votes |
13
Posts

Direct mail vs. bandit signs in my area

Zachary Haded
  • Methuen, MA
Posted

Hello BP, tomorrow is the day that I'm going to finally deploy marketing. I currently make a small income so I only planning on spending about 150 a month on marketing. I am starting my buisness in Essex county MA and want to know what would be most effective in my area and with my budget either direct mail, I could send out about 250 postcard to absentee owners, or 100 bandit signs which I would put out either 25 a week or 50 every 2 weeks. So what do you guys think would be most effective in my market? Thanks in advance!

Most Popular Reply

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Brian Gibbons#5 Guru, Book, & Course Reviews Contributor
  • Investor
  • Sherman Oaks, CA
3,921
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6,088
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Brian Gibbons#5 Guru, Book, & Course Reviews Contributor
  • Investor
  • Sherman Oaks, CA
Replied

Bandit signs are "I Hate Them", I Love them" topic here on BP.

Check your ordinances, check your wholesalers in your area, call your REIA on "real world experiences" stories.

There are many more ways to market for sellers, buyers and private lenders - jv partners.

Here are 33 ways to market for Motivated Sellers.

Bandit signs
Drive neighborhoods looking for vacant houses and FSBO's
Call FSBO ads
Search MLS for junker properties
Search MLS for expired listings
Contact landlords who are evicting a tenant
Contact landlords with properties for rent
Pre-foreclosures
Foreclosure auctions
REO's
HUD & VA houses
Tax sales
Estate sales
Properties with outstanding building code violations
Properties with outstanding health code violations
Condemned properties
Fire damaged properties
Out of area owners
Network with professionals, i.e. attorney, CPA, REALTOR®.
Network with service people, i.e. letter carrier, pool service person,
lawn service person, newspaper delivery person, carpet cleaning people,
plumbers, etc.
Bird Dogs
Wholesalers
Magnetic car sign
Distribute business cards EVERYWHERE
Career attire (Polo shirt with embroidered "I Buy Houses" logo)
Fliers
Door hangers
billboards,
TV spots and
full-page ads in the yellow pages

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