New member introduction

[Marvin Njike]

Hello! I am a brand new soon to be wholesaler and fix and flipper in the Nashville TN area. Any advise for me as far as which methods have been proven most effective for your business when it comes to generating leads, post cards, cold calls, etc. Would truly appreciate any advice! Thanks in advance!

[Ryan Whitcher]

Hey Marvin!

Welcome - you being here is already a huge step in the right direction. There is an unlimited amount of knowledge and wisdom on these forums/blogs. 

I have been successful wholesaling in Charlotte, NC by mainly calling leads from D4D and vacant house lists. Calling from 3pm-7pm proves best for me (anytime after 7 I consider rude). Real life example for me: I have been cold calling for 3 months; got a small 2K deal within the first month, then nothing for 2 months, then got a 10K deal from and now have many prospects and my pipeline is filling nicely. Just have to stick with it.

(Bandit) signs are frowned upon, however, they are spoken about so often because they can work well. Just check with your city laws beforehand so you don't get slapped with hefty fines. 

Craigslist - easiest and free (est?) way of marketing literally right away. You can find the content of what to put in those ads all over the internet. I have gotten deal of that and I've spent maybe 5 hours in the last several months just updating those. Huge return on investment of time + money there.

Get contacts of your local Code Enforcement people - these people have an invaluable source of information for you if you can speak to the right person.

Get familiar with the all the Probate attorneys in your area. Keep constant contact with them as they obviously have clients that are dealing with inherited homes (huge motivator).

There are hundreds of marketing techniques ; biggest advice is to just pick one after doing a little research based on your area and stick with it for several months. Tweak minor things here and there within that time period but don't stop until at least 4-6 months of doing it. Budget to where you have enough to sustain this for that period of time. Ex.) If you have $1000 - don't send out 2000 mailers the first month and deplete your budget - send out 350-500 mailers a month to the same people. 

Excuse my rambling but hopefully this helps in some way!