What to do with a $1500 marketing budget?

[William Kyle Walker]

I've been marketing for wholesaling for about 3 months now but I think I need to change up what I’m doing to get some results. I have been cold calling some tax delinquent properties and have sent out some yellow letters to absentee owner with 50% or greater equity. All the calls back that I have got from the yellow letters want more than retail. Only makes sense if they have a cashflowing property, there is no need to sell at a huge discount.

My question is that I have about a $1500 marketing budget and wanted to know what the seasoned wholesaler would do with that $1500 if they started from scratch.

Would you put up bandit signs?
Start a "sell your house fast.com" website/landing page?
Start buying the probate and inherited lists and mailing those?
Start mailing pre foreclosure lists?
Pay some bird dogs to send you vacant house addresses?
Do something else that I didn't put up here?
Buy lottery tickets?
Not even start because $1500 in marketing won’t bring enough traffic to get a deal?

I'm trying to find out what yields the highest number of motivated sellers willing to sell at a discount.

Thanks in advance