All Forum Posts by: Edwin Fisher

@Cain Collison

Welcome to Bigger Pockets from a fellow Chattanooga investor. This is a great place to learn. If you have questions about the Chattanooga market send me a message.

I'm looking forward to hearing the story of your experience with DM in the Chattanooga area! 

Thank you I have been wondering if this could be done and heard conflicting reports. My follow up question is how long do you recomend putting a property under contract, if your exit strategy is to list it on the MLS?

 Jeff thanks for your post! You have several ideas that I have not heard yet! I will them check out. I would love to hear updates as you get started with wholesaling as well.

Dev Horn,Scott Costello, Thanks I will look at some of these CRM's, So no clear winner that is most used by people doing Yellow Letters? I know it sounds lazy I just don't want to put a ton of time learning a system then find I need to ditch it for a new system that dose it better. I will try to give you guys an update in a few weeks when I get rolling thanks again for all the help all of you.

Brian Gibbons Thank you, I love that it has follow up dates at the end for tracking! One more quick question about software tracking.

If I was going to pay $495 for a script, it would be a nice bonus if it could do more for me then just give me the lines. I work in the medical field, paper charting is old school, putting information straight into software, capable of generating follow up, and much more seems the way to go?

Has anyone already invented a great system, is there a clear leader, or place to start? I prefer something that is not too complex yet capable? Thanks again in advance. You guys are great!

Thanks so much for all the detailed advice! .@Brionne Moss,@Michael Quarrels,@Dev Horn,Brian Gibbons, your Knowledge and expertise is a huge asset thanks for your willingnessto share!

Thanks Brian Gibbons, and Dev Horn 1. I had not heard of the rule of 7’s how long do you recommend waiting between each mailing/contact. Should each mailing be a new letter, a combination of letters and post cards, or the same letter?

2. If i plan to spend 400 per month should I just do a few zip codes until I get two 7-9 mailings?

@Michael Quarrels I love the idea of having them send you pictures, will save me tons of time.

@Michael QuarlesWhen you said:

“I think they need very detailed scripts. Heck my Alex script is 14 pages long and the Ryan is 24 pages. Naturally these pages include the rebuttals and such however everyone needs to follow a script to have the most success possible”

How would I go about getting a copy of your 14 and 24 page scripts?

Welcome to BP, I'm from Chattanooga as well.  Edwin

I appreciate your help. I plan to send out my first shipment of letters in the next few weeks. We will see how it goes; I spoke with Norma from yellowletters.com. They seem to be able to make the process pretty painless. If you don’t mind me asking what kind of budget you doing I was thinking of doing $100 per week on a 3-month trial, how many do you send out at one time? How many do you actually go look at? Thanks again! Edwin

P.S. they have the cost per letter at 1.09-1.49 depending on if I am willing to do 500 or several thousand, how dose that compare to what others are doing?