Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Marketing Your Property
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago on . Most recent reply

User Stats

160
Posts
26
Votes
Matthew Berry
  • Investor
  • Big Lake, MN
26
Votes |
160
Posts

Direct Mail and Minnesota Market Update

Matthew Berry
  • Investor
  • Big Lake, MN
Posted

Friends,

I'm looking for some insight regarding marketing in this extremely strong seller's market that we're experiencing right now in the Twin Cities.

I've been doing direct mail for quite some time. My observations have been that leads have been less profitable than what I've heard of in the past. There are a good number of people calling, but demanding more than what I can offer in order to make a profit. Sellers know that they can throw a sign in their yard and make a premium in this market. The MLS also has few deals right now.

So this is my question, do you pause marketing and wait until the market shifts?

Fortunately, I have a well-paying job so I can afford to put investing on hold. However, I'd prefer not to be throwing a big chunk of chain on direct mail.

Thoughts?

Also, I mentioned this at the BP meetup last week, but here's a link to the "Monthly Skinny: July" posted by the MinneapolisRealtors group on YouTube.

https://www.youtube.com/watch?v=_cCyw7J4LOM

Loading replies...