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Updated almost 10 years ago on . Most recent reply

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5
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Matthew Skinner
  • Lynchburg, VA
3
Votes |
5
Posts

Looking for the best combination of marketing for my first wholesaling campaign

Matthew Skinner
  • Lynchburg, VA
Posted

Hi everyone,

As you can see I am pretty new.

I am learning about wholesaling, networking, building a website, etc. here in Lynchburg VA. I have been listening to all of the podcasts and I have learned the following things greatly increase your chances of finding deals and seeing them to the end.

  • 1. Have a plan and make goals.
  • 2. Read everything you can on Bigger Pockets.
  • 3. Have good marketing.
  • 4. Hire people that are good at… good marketing.
  • 5. If its worth doing, its worth doing right.
  • 6. Have good marketing.

Basically I have a few grand to get started right and I want to make sure I use those funds as efficiently as possible.

I would like to do direct mail, craigslist ads, adwords, etc.

I am going to set up google voice to receive calls and have prospective sellers leave a message, as my intent will be to have a feel for the property before we have our first conversation.

I have learned to scale your marketing to what you can actually handle. So I am not planning on blasting out and getting way more calls than I can handle and lose potential deals.

I am going to hire someone to help me with the marketing I mentioned who knows what they are doing.

My question is, what do you guys suggest as a good first marketing campaign? Should I just start by using one method? Or should I do some of each?

I don’t want to bite off more than I can chew and waste money.

Any advice on this matter will be much appreciated!

Most Popular Reply

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5,028
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Curt Davis
  • Flipper/Rehabber
  • Memphis, TN
2,573
Votes |
5,028
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Curt Davis
  • Flipper/Rehabber
  • Memphis, TN
Replied

Most of the guys in my market who are having a great deal of success in basic wholesaling are doing a combination of bandit signs and direct ml marketing. 

You can get a great deal on bandit signs at supercheapsigns.com 

I dont think at this point in your business you need a website. Your best and fastest way to get rid of a home once you get it under contract is to know who the local cash buyers are in your area.   You can also go Driving for Dollars to find homes for sale that are usually off market homes for sale.

Good luck!!

  • Curt Davis

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