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Updated almost 5 years ago on . Most recent reply

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70
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Gardy Saturne
  • Investor
  • Ohio
22
Votes |
70
Posts

[ Strategy Help ] My First Deal Is Done ! Now What ?

Gardy Saturne
  • Investor
  • Ohio
Posted

What's up BP Family. Finally got my first wholesale deal done. It took me a whole year to get it. But i'm glad to get over this hump lol. This came in from a direct mail campaign I was sending to vacant leads. I haven't sent out mail in a while. I started cold calling because it seems to be the most effective. I have 500$ to spend. Im stuck trying to figure out which kind of leads I want to go after. 

If anybody has any advice. I would greatly appreciate. 

THanks. 

Most Popular Reply

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586
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358
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Braden C.
  • Real Estate Investor
  • Florida
358
Votes |
586
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Braden C.
  • Real Estate Investor
  • Florida
Replied

@Gardy Saturne I wouldn't put that $500 towards direct mail, on average it's going to take quite a bit more than that to get your next deal. If I only had $500 to work with, I'd be driving for dollars and spending the money on skip-tracing the owners. That money will go a really long way and you'll be able to get some very good leads. Pro-tip, drive for dollars on trash days so you can truly see what properties are vacant/abandoned and which ones are just neglected. 

Congratulations on the first deal! Now that you know it works, start snowballing! 

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