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Updated about 4 years ago on . Most recent reply
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Worth it? Direct to Seller Marketing
With as many wholesalers that there are out there, is it worth it for me to start doing direct to seller marketing and internet marketing?
I don’t have any intentions of doing full time wholesaling, but I see the benefit of having a flow of deals that either I take down myself or assign if it came to it. I guess the dilemma I’m seeing is “am I just going to sink a ton of marketing dollars to do the marketing/work that someone else is already doing?”
Anybody else running into this dilemma? Just trying to bounce ideas before I pull the trigger.
Most Popular Reply
@Tucker Cummings, finding great deals is critical to your success in real estate investing. Knowing how to find great deals puts the control in your hands. You don't want to be waiting around for a wholesaler/agent to bring you a deal... Plus if they are bringing you the deal you are paying more for it.
I buy 12-18 houses per year and only 1 of them in my whole career was on the MLS. Finding great deals and having systems in place to follow up with those leads is so important. IF you are going to spend money on advertising: 1. Spend some money to have a decent CRM or automated follow up tool in place. 2. Think long term.. If you spend $1,000 for 12 months, and find a deal that nets you $30k, would you do it? 3. ANSWER THE PHONE, or pay someone to.
Hope this is helpful. Knowing how and where to find great deals has changed my life and I am sure it will do the same for you.