Newbie: Marketing for Buy and Hold

Newbie: Marketing for Buy and Hold

Real Estate Investor · Desoto, TX · Member since 2013 · 560 posts · 528 votes

As I consider how to construct my marketing message as part of my pending direct mail campaign as a buy and hold investor, a question popped in my head. If you are a buy and hold investor, is there any advantage (better response rate) to making it clear in your yellow letter and/or post card that you are not wholesaler, realtor, house flipper, etc?

I assume a lot of absentee owners/landlords are becoming educated about the type of discount that wholesalers and flippers need to purchase (65%-70% of ARV less repairs) and may be turned off. As a buy and hold investor, I have more factors to consider and may not need the same purchase criteria (but it would be nice). At the same time, I don't want to come off to buyers like I am going to pay market value/retail for the property. Is there any benefit to differentiating? Are there any other ways my message should be different from a wholesaler, flipper, etc?

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Investor · Central America, Panama · Member since 2010 · 423 posts · 293 votes
13y

Your marketing messages should always focus on WHAT'S IN IT FOR THEM (the seller) and not about you or what you do.

99% of investors send out marketing materials filled with

i do this
we buy houses
i buy houses
i will
i can
i i i , we we we,

wrong message!

instead, your marketing should be

you will get
you can
you don't need to
you
sell your house ...

you you you, your your your

That is what will get a seller's attention

match the message to your market and you'll have success

don't send a generic marketing message to all sellers.

it is much better to target market with your message and your marketing piece

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  • Flipper/Rehabber · Bakersfield, CA · Member since 2008 · 3k+ posts · 3k+ votes
    13y

    Daren.

    I wouldn't spend the money on a yellow letter for buy and hold leads.

    Try either a postcard or zip letter

  • Investor · Central America, Panama · Member since 2010 · 423 posts · 293 votes
    13y

    Your marketing messages should always focus on WHAT'S IN IT FOR THEM (the seller) and not about you or what you do.

    99% of investors send out marketing materials filled with

    i do this
    we buy houses
    i buy houses
    i will
    i can
    i i i , we we we,

    wrong message!

    instead, your marketing should be

    you will get
    you can
    you don't need to
    you
    sell your house ...

    you you you, your your your

    That is what will get a seller's attention

    match the message to your market and you'll have success

    don't send a generic marketing message to all sellers.

    it is much better to target market with your message and your marketing piece

  • Real Estate Investor · Desoto, TX · Member since 2013 · 560 posts · 528 votes
    13y

    Thanks for the feedback! @ Michael, why are yellow letters not recommended for buy and hold investors?

  • Flipper/Rehabber · Bakersfield, CA · Member since 2008 · 3k+ posts · 3k+ votes
    13y

    They'll work fine. Just why spend the money when this prospect will be attracted by a less expensive media delivery

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