Marketing startup and costs

[Christopher Brown]

Hello bigger pockets, looking for a bit of advice as I’ve taken a few steps to get into wholesaling but still haven’t landed my first deal. So a little bit about myself and my business, I first started in January of this year by making a website and Facebook page, than I sent out a couple of hundred letters to houses I found on public record that have had a lot of equity and might have a motivated seller, some one looking to cash out/retire ect. I’ve come close to signing two deals but both fell through and ended up getting better offers. I guess what I’m looking for is to re amp my marketing strategy. I started a prop stream subscription for $100 a month, but what else can I be doing to generate leads and find motivated sellers? Unfortunately I don’t have much money so I’ll need to prioritize certain things and take it day by day. Thanks for any and all advice in advance :)

[Stephen Keighery]

There are lots of things you can do for marketing but the key is to really hone in on one and focus on making it work. Not sure if those couple of deals came from the mail you sent but if so consider taking that further. Since your budget is low driving for dollars is a great strategy to build a targeted list then you can mail, phone, text that list. I would start by becoming great at those channels and when you are doing deals and looking to scale start other things like online marketing.