Bandit Signs vs. Direct Mailers

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Hey everyone! First off I want to say that this site is amazing! The best on the net. 

I am a new wholesaler and I wanted to know which method of marketing do you all prefer the most, bandit signs or direct mailers? Also what are the pros and cons of each one?

Your feedback will be greatly appreciated.

[JPaul Mills]

Let me tell a bit about my story and how I got started. I refused to use a bunch of my own out of pocket cash to start marketing with until I got my first deal then I could afford to use 15% of the proceeds towards marketing. So I went to my local sign shop and bought 2 4x8 sheets of coroplast ($30)and instead of cutting 18x24" signs I did 16x24 to get 2 extra signs out of each sheet. I bought a black sharpie magnum($4) and a box of 1" roofing nails($6). Put up bandit signs in good traffic areas where people stop. I hand wrote 100 letters and that cost me probably ($50) for stamps a yellow pad and some inversion style ivory envelopes.  I didn't buy a list off of list source but I searched good subdivisions in my city on the gis map on the property appraisers site for absentee owners list. I also found potential buyers this way and sent them letters as well.  I haven't really made any deals off of letters yet but it usually takes a few months of consistency with those for a deal to come along. I have made Almost $35k in just under 3 months off of my bandit signs. But now am in my 4th month of mailing the same list and hope to get some deals off of that soon. I also drive for dollars and find houses that way and I just put none under contract off of that tuesday and its already in negotiation with my end buyer looking at it today. Hope this helps