All Forum Posts by: Dan C.

Thanks for the help.  @Jon Holdman that was what I was looking at indeed, and I agree w/ you.  

So I understand that we typically make our profit when we purchase the property.  However, we obviously renovate the property to make it more attractive, thus, more potential buyers.  I have been researching which renovations add the most value to the resale value of the property, and all I find are figures that show the value added being less than 100% of the project cost.  For example, data that I've found online suggests if I remodel a kitchen for 5k, I will only recoup about 60-90% of that through the value added to the resale price.

What am I missing here? Isn't the point of the renovations to add additional return on your investment, and not cut into it?

I am clearly new to the direct mail marketing strategies and I have read on BP quite a few times that you should build your mailing list to at least 1000 names to see any measurable results over time.

I have two questions:

1. Does the list of 1000 have to be one type of potential seller (i.e. A/O, probate, delinq. taxes); or can it be a mix between some of these to equal 1000 names?

2. Is the minimum 1000 referring to mailing 1000 pieces out each month for several months to the same 1000 names; or is it 1000 pieces a week?

Thank you for any advice...