Has anybody used Lead Propeller

[Chris Harvey]

Hello fellow investors I recently heard a podcast from BiggerPockets and investor was saying her and her husband opened up a business called Lead Propeller for getting more deal prospects to there wholesale/flipping business. I BiggerPockets gives a discount for using it. But I’m wondering who used the site and is it just like they said , the site does what it supposed to do for $49 a month . My day job just cut my pay , my marketing funds was cut and struggling to keep my wholesale business a float so I have to play it smart on what I spend my money on. Any feedback thanks BP Commuity

[Danny Johnson]

Hello, @Chris Harvey.  I'm the founder and CEO of LeadPropeller.  You might be expecting me to say that you definitely should get it...but I'm not going to.  

Here's why:

Melissa and I had a limited budget for a long time during our start in this business.  We did what we could with our time because we had a little more of that than we had money.  We focused on guerrilla marketing tactics like:

• putting up bandit signs - signs that you nail to utility poles (please check with your city because you may have to get a permit for these or not be able to use them at all if illegal where you are)
• driving for dollars - driving neighborhoods looking for vacant houses, researching who the owner is on the county tax assessor's website, and mailing them a posting asking if they'd like to sell the house
• flyers - We'd even print out flyers that said "WE BUY HOUSE" really big with pull off tabs at the bottom with our name and phone number.  We'd post these at laundromats in the areas we wanted to buy in

Be willing to do what others are not.

These methods generated our deals as we built momentum and built a war chest of marketing money to expand into billboards, website, etc.  

Websites are great as a long term strategy as it takes time to rank your website (usually about 10 to 12 months in a typical city).  If you have the money to spend, you can generate leads quickly with Google Ads and Facebook Ads.  

Of course, we absolutely love what our website does for our business but we understand it takes time/money to get the most out of them.  If you're on a limited budget, it's not what I'd start with.

Makes plans to incorporate one as soon as you have steady lead/deal flow into your business.