Wholesaling Budget & Details Analysis

[Thomas Flanagan]

First off let me say thank you to all the members of BP.

A big thank you, I have especially learned from @Sharon Vornholt @michaelq @aaronmazzrillo @jerrypuckett

I want to be sure my advertising $$ don't go to waist.

Budget:  $1200/month

Plan:  Simple Yellow Letter w/postcard follow up 1x per month.  $1 per mailing = 60 mailings per day x 20 days per month

Area:  Orange County, Riverside, San Bernardino, CA

Contacts:  Out of state absentee owners and probates.

I've had successful wholesalers flat out tell me I'm wasting my money doing direct mail in my area.  On the flip side I know people like @aaronmazzrillo that are successful in this area.  It can be confusing.

Questions:

Is my budget large enough?

Should I be able to land a deal within 6 months?

Is there anything you would change?

If a successful wholesaler wants to partner up for a share of the profits to increase the success rate of the campaign, I would definitely be open to that.

[Jeremy T.]

::inserts random popcorn eating .gif::

Nice post, I'm looking forward to reading the responses.  Stick with it. I listened to Podcast 12 again tonight (Sharon's), and her metrics regarding repeated touches are eye-opening.

How many months have you budgeted for?

Good luck man, I'll be following.