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Updated over 4 years ago on . Most recent reply
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Driving For Dollars is a Lot of Work
Good morning BiggerPockets,
Last week I started my first direct mail campaign. I bought a list from ListSource and sent out postcards to a few hundred absentee landlords in the area where I want to invest. The postcards will start to go out next week.
Rather than sit on my butt for the next few weeks waiting for responses, I decided to be proactive and go driving for dollars to build my own custom mailing list.
Well it didn't take long to realize that this was probably the slowest and most tedious way to build a mailing list. I spent 2 hours driving around yesterday and getting addresses. When I got home I had to look up each address on the county assessors website and manually type it into my Excel database. That took an additional 4 hours.
So what did 6 hours of work get me? A mailing list with 25 names. I honestly can't even imagine trying to get hundreds of names for a good direct mail campaign.
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- Lake Oswego OR Summerlin, NV
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Anthony the world is about to change..... I was at the Oakland summit J Martin event.. there are a few driving for dollars apps out there right now you can get... BUT I was talking to Sean O'toole who owns Property Radar.
he is about to go nationwide ( previously only west coast) you should pop on their and see it.. its hands down the best on line resource for real estate investors ... it made me 300k on one deal last year... investors have bought over 100 billion dollars using his service with over 10 billion in profits.
why is it a game changer.
you will now be able to drive for dollars using his app.. hit one button on your app.. the address will go to your data base and your direct mail piece will automatically be created.. no more creating spread sheets and then sending them to a direct mail company... I predict it will change the industry... this is the real deal from a for real company . With an owner who has been a flipper and has over 15 engineers working on this ...
- Jay Hinrichs
- Podcast Guest on Show #222
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