Best strategy for motivated sellers?

[Josh Coffy]

Hey, guys! I’m looking to close my first wholesale deal. I just purchased my first vacation cabin and it’s absolutely CRUSHING it. Now, I want 50. (Haha!) I’m looking to acquire larger sums of cash to do so and I see wholesaling as a valid strategy. I’ve taken courses on it and have a pretty good grasp on it. So far, I’ve tried a BIT of several things in the Phoenix valley. - put out 20-30 bandit signs (zero calls) - ran some FB/AdWords ads (I own a marketing agency, so I’m very fluent in this and still had no luck) - knocked on 30-40 doors of people in pre-foreclosure One avenue I haven’t done, but would be happy to invest $500-$1,000 in, is direct mail. Have you had any success with direct mail? What numbers do you have on it? Who should I target with my list-buying? How many pieces should I start with? I have designers on staff, so I could easily have beautiful cards created. Please help! :)

[Roland Paicely]

(1)Direct mail is a good strategy

(2)The numbers vary.  But you have to mail consistently

(3) Start with Absentee Owners or High Equity Owners

(4) The number of pieces is somewhat dependent on your budget.  Minimum of 1,000

(5) Don't try to make the piece pretty.  Sometimes the uglier, the better.