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Updated about 10 years ago on . Most recent reply

Account Closed
  • Auburn, MA
4
Votes |
14
Posts

Direct Mail to 300 people...Thoughts

Account Closed
  • Auburn, MA
Posted

Good morning, 

After months of sitting on the sidelines and learning I am about to get started with Direct Mail to Absentee owners. Below is my criteria which has pulled about 300 addresses for a 5 mile radius around my zip code. Do you think this is to small of a list to get one deal? Its only a 5 mile radius and I will mail to the consistently over the next 6 moths (5-7 mailings). 

Criteria:

  • Zip 01501 +5 miles
  • Minimum of 40% equity
  • Minimum of 30k equity
  • SFR with Minimum of 3 Beds
  • Exclude Trustee and Corporate 
  • Absentee in and out of state

Should I pull the trigger and try to get my first deal? 

Most Popular Reply

User Stats

1,158
Posts
655
Votes
John Horner
  • Flipper/Rehabber
  • Columbus, OH
655
Votes |
1,158
Posts
John Horner
  • Flipper/Rehabber
  • Columbus, OH
Replied

I would guess probably not get a deal, BUT you are just starting out, you need to get the phone time talking to motivated sellers.  

You can't just start with a 3,000 list because you wouldn't be ready and you'd be throwing money and leads down the drain.

TAKE ACTION and good things will happen!

  • John Horner
  • Loading replies...