Updated business plan

[Account Closed]

Hey,

Ok here is a very basic outline to my business plan to get started in wholesaling. I am thinking of either adding an additional phone 9.99$ month or setting up a google voice for my direct mail and how they can contact me. I would use the separate phone to have a voicemail describing how I can help them instead of all these calls coming to my personal line.

Other than that here we go

I will spend about 150$ a week (600$) month on direct mail to get started. This will be my investment to get used to talking to sellers and maybe even land 1 deal but not counting on it. I will send out yellow letters weekly and I plan on a 100 a week. The cost to mail that is 44.00 and ink and envelopes so I would say 60. I am also going to send out postcards for the rest of the money. I will use click2mail and that can be done easily with a few clicks. The pain will be writing these envelopes for the yellow letters out but I will have to dedicate a couple hours a day to go to that. I plan to outsource that sometime but I will just do it now. The yellow letters will be printed out except the name and address and I will handwrite that so less time on my part thank god! I plan to have my calls come in and I will begin talking to sellers, my trick is to do this every week. I plan to buy a list of 1500 names of absentee owners with 60-100% equity. I also think I am better off starting in the cities around me for the names instead of the whole county because the houses are cheaper for the cash buyers and i am still new to everything.