Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Wholesaling
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago, 05/03/2016

User Stats

110
Posts
35
Votes
Terry Evans
  • Real Estate Agent
  • Houston, TX
35
Votes |
110
Posts

FIRST DIRECT MAIL CAMPAIGN - 10k PIECES - LOOKINGF FOR FEEDBACK

Terry Evans
  • Real Estate Agent
  • Houston, TX
Posted

Hello BP,

First and foremost, huge shout out to BP. I would not have gotten this far without it.

Currently on the tail end of my first Re-Hab project which should be wrapped up within the next couple of months. Once the home is sold I would like to have a constant flow of properties to wholesale while being able to obtain more end game capital on future re-habs.

I have spent quite a bit of time educating myself on the forums to develop a plan of attack, which your feedback and input is greatly appreciated.

The Plan

Total Pieces Mailed: 10,002

Total Leads Mailed To: 1,667

Total Mailings: 6 (once a month)

There are 5 different lead types all with at least 40% equity and nothing less than 50k appraised value.

1. Recent Probate Filings - With Real Property <------ Professional letter in the docs section

2. Tax Delinquencies - 3+ Years (Absentee only?) <-------- Better than average generalized Yellow Letter

3. 90-Day Pre NOD's<--------- Better than average generalized Yellow Letter

4. Recent Evictions - Owners 60+ Miles <-------- Better than average Yellow Letter or Professional Specific Landlord Letter?

5. Recent Divorce Postings or Recent Bankruptcy Postings <------ Your thoughts between the two and which mail piece? ....In your experience, do these folks have enough equity to justify them on the DM list? Should I skip this section of leads and allocate the spaces to the other categories?

What feedback do you have for the lead choices, do you think it would be better to put all my mailing efforts in a single category? Seeing as how this is my first go with direct mail, do you think I should take one category at a time and do 1/5th of the mailers to start with to make sure that a direct mail campaign will be successful.

What am I missing? I do not know what I do not know...

Thank you kindly for taking the time to share your insight and experience.

Loading replies...