Out of state marketing

[Courtney M.]

I'd love to hear from investors who market out of state with yellow letters, etc.

I've listened to several podcasts where people talk about this type of marketing, but it seems they are local - they are able to meet with the owners, go look at house, etc., which are all extremely valuable in helping to gain trust and close the deal.

I assume many people also market to an area in which they don't live - I'd love to hear how effective it is and what your process is in dealing with leads.

[Michael Quarles]

Virtual buying is great, somewhat easy (not as easy as belly to belly) and can be profitable if done correctly. 

Some markets are death and some are outstanding. The key is your call capture and check ad balance systems. I spend a grand on confirmation and inspections on each deal and never see the seller or the house. Use Docusign and done.

The marketing is the same, send a variety of mail piece types to attract the largest share of responses and be ready to buy. Add in some PPC to turn the faucet on and off and youre good to go. In the virtual game we dont care about SEO, bandits or TV. Its all about on and off again marketing so we can travel with the wave. 

It the virtual game the resell side is easier than the buy side. Not a lot of wholesaling aka assigning will happen so the wholetail play works great.

Happy House Hunting form a 1000+ miles away