The light bulb went off
Friday, February 26
I now know the purpose of direct mail. I didn't figure it out until yesterday when a seller called me. He wants to sell because he had to evict his tenants and they caused $12,000 worth of damage on their way out. Maybe he should have read the Book on Managing Rental Properties by BP. I'm only jo...
I see why new investors quit
Saturday, February 20
I see why new investors quit. So far I have sent 2000 out of state postcards, 20 code violation letters, and 37 probate letters. 34 out of state postcards have been returned. 23 with the first 1000 and 11 with the second. I skip traced the first 23. I'll do the second batch next week. 5 people ha...
Probate
Saturday, February 13
I decided to get into probate marketing to beef up my numbers. I spent the whole Saturday looking up property addresses. I have 37 names. I will do this at least weekly. The envelopes will be hand written. Tomorrow, I will stick them in the mail. I got the letter from the BP file place. My initia...
1 guy 9 houses
Tuesday, February 09
*This blog post is going to be updated as I get new information*02/08/2016I returned one of the calls I received Friday. I might not call the other seller back because of her responses to the questions they asked her is not showing she is motivated. Plus it's not a place I want to invest in. It c...
Sellers are delusional
Monday, February 08
Yes, sellers are delusional. They think their property is worth way more than what it really is. I mailed to 20 code violations and received 2 responses. Most of them I was planning on selling the land. 1st caller- a) home in a war zone, but I do see I could make a decent profit. b) land value o...
Bust!!!
Saturday, January 30
I tried to be what I thought was cost efficient and independent, but quickly got burnt out. I was gathering my own leads from the eviction list, code violations, and undeliverable mail. I had a Google Voice number set up for the calls while I was at work. Who knew it would take so much time? No m...