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All Forum Posts by: Armegi Gil

Armegi Gil has started 7 posts and replied 21 times.

Post: Am I throwing away money with mailers??? HELP!!!

Armegi GilPosted
  • Wholesaler
  • San Diego, CA
  • Posts 21
  • Votes 8

Driving but can't wait to read your responses!

Thanks everyone - Arlene

Post: Am I throwing away money with mailers??? HELP!!!

Armegi GilPosted
  • Wholesaler
  • San Diego, CA
  • Posts 21
  • Votes 8

@Rob Pene Thanks so much for your response and I couldn't agree with you more!

A person I hired just finished setting up my websites this weekend and I also had him make a couple squeeze pages for Craigslist. I have yet to find a person/company for my SEO and PPC marketing. I can't do it because just like you said, I'd be throwing away money :)

The reason I keep going bad to the darn mailers which BTW, I have never been keen on direct mail, is because I read and hear it's the quickest way to get a pipeline going. Long term, I see the benefit of online marketing 150%!

If I may ask, how many months did it take to get your online marketing efforts to get the phone to ring? Did you start of with SEO and then added PPC?

I found a lot of value in your response, thanks again ana MUCH continued success to you!

Arlene

Post: Am I throwing away money with mailers??? HELP!!!

Armegi GilPosted
  • Wholesaler
  • San Diego, CA
  • Posts 21
  • Votes 8

@Martin Scherer are you saying that over a period of XYZ time you obtained 41 transactions from 23 property owners?

Post: Am I throwing away money with mailers??? HELP!!!

Armegi GilPosted
  • Wholesaler
  • San Diego, CA
  • Posts 21
  • Votes 8

@Account Closed Yes, I am mailing within San Diego but not one specific area. I've only excluded higher end coastal communities. There is nothing in SD for less than 250K :)

Post: Am I throwing away money with mailers??? HELP!!!

Armegi GilPosted
  • Wholesaler
  • San Diego, CA
  • Posts 21
  • Votes 8

@Jose Sison 83% ... :) Shouldn't complain but I want to get this mailer thing right! My 1st deal came with a nice $24,450 profit.

Post: Wholesaling Marketing Strategy (what works in your area?)

Armegi GilPosted
  • Wholesaler
  • San Diego, CA
  • Posts 21
  • Votes 8

@Jay Thackerson Do you find that 9 out of 10 "FBO'S" are actually wholesalers and not property owners?

Post: Am I throwing away money with mailers??? HELP!!!

Armegi GilPosted
  • Wholesaler
  • San Diego, CA
  • Posts 21
  • Votes 8

@Account Closed I hear what you are saying about having more strategies but I am not throwing away leads because the phone is not ringing, It's money that I am throwing away.

Not sure if it's the filters I placed but I am obviously not doing this right...

Post: Am I throwing away money with mailers??? HELP!!!

Armegi GilPosted
  • Wholesaler
  • San Diego, CA
  • Posts 21
  • Votes 8

1st and 2nd mailers were complely new and had the same filters. My last mailer was a repeat. follow - up of the 1st mailing. I don't know of many wholesalers in California with a 5% response rate, that's very high! However, I do think that only one live person to speak to from 1,000 YL's is over the top....

Post: Am I throwing away money with mailers??? HELP!!!

Armegi GilPosted
  • Wholesaler
  • San Diego, CA
  • Posts 21
  • Votes 8

Hi All,

Closed my 1st deal from the the 1st 1,000 mailers I sent out to absentee owners mid May.

The 2nd mailer (1,000YL's) produced less than 12 calls and my last mailer produced 3 hang ups and a not so mentally stable person.

I purchase my leads on ListSource and my cost per 1,000 YL's is $680.00 which is not as much as some wholesalers are paying but it does add up and more than anything, it is time without production.

As far as I know, mailers are the quickest way to start generating sales but I am starting to think that I am doing something wrong. I have money to invest in my business, however I don't want to throw it away and it seems that is precisely what I am doing.

Any and all suggestions welcome... thanks for any help!

-AMG

Post: Is this common for California?

Armegi GilPosted
  • Wholesaler
  • San Diego, CA
  • Posts 21
  • Votes 8

Hi All,

I sent out my first mailer which consisted of 1,000 YL to absentee owners in San Diego county. A week out, I've only received 6 calls from people looking to get top dollar.

Is this typical ROI for YL's or just for Cali? Are there other good markets where the ROI is higher?

Thanks