Wholesale Marketing Budget & Incorporating

[Account Closed]

Hey guys,

New here, and to the business, so I'm just looking to get some insight from you more experienced investors.

1) I've drawn up a budget of $500 per month for the next 5 months to use towards marketing.  I've read some good literature and talked to a lot of people about best strategies, but with such a limited budget to start off with, I want to make sure I get all the advice I can to maximize every dollar.  What have you found to work for you guys?  Yellow letters, postcards, bandit signs, car signs?  What's the best way to utilize that money?

2) I've never started a business before, and I want to know if it's worth it at this stage, or should I wait until I start making some income?  What are the advantages and disadvantages, and what's the best way to go about that when it's time?

Thanks for the advice!

Jordan Marshall

[Derek Dombeck]

Hi Jordan, 

In my 12 years of experience, I have tried a lot of different marketing strategies.  I currently utilize direct mail, Craigslist,  Facebook, and several other advertising options. However,  the BEST bang for my $ Is my Google         Adwords  campaign.  You can set daily spending limits and set up your campaign specifically to your target market. The best part is that ounce the campaign is live, it's working for you 24/7.

As for asset protection, I would NEVER do any business transactions in your personal name. There is a lot of information and opinions about the best structure for Real Estate Investors available for you to study and choose from for you personal business plan. But jeopardizing your own life and assets to save the cost of setting up an LLC in this litigious society that we live in is foolish.

Have a Great Day

Derek Dombeck