Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Thomas Flanagan

Thomas Flanagan has started 2 posts and replied 8 times.

Post: Yellow Letter Mail Random Font ???

Thomas FlanaganPosted
  • Real Estate Investor
  • Orange, CA
  • Posts 9
  • Votes 3

I see Michael beat me to the post as I was typing!

Post: Yellow Letter Mail Random Font ???

Thomas FlanaganPosted
  • Real Estate Investor
  • Orange, CA
  • Posts 9
  • Votes 3

I haven't mailed to real estate owners yet (starting this week) but I have mailed to business owners (who usually don't check their own mail) and have a terrific response rate.  

1)  Best response rate comes from NO return address, hand written delivery address, and any regular stamp placed somewhat crooked.  Those basics will get most letters open.

2)  I would also focus on smaller batches i.e. 100/day instead of 1000/month.  Easier to fulfill and you don't get swamped with calls in 1 day like I used to and end up missing calls.

3)  For the changing script on the mail merge, I can't help with that but @Michael Quarles may be able to answer those and input better pointers.

To use the @ someone I believe you must add them as a colleague, then you will see their name appear.

Good luck

Post: Wholesaling Budget & Details Analysis

Thomas FlanaganPosted
  • Real Estate Investor
  • Orange, CA
  • Posts 9
  • Votes 3

Budgeted for 6 months so far but would like to extend out indefinitely.  I'm not scared of spending the money, I'm scared of spending it wrong.  I would spend $10k month in marketing if a system was working.

Yeah Sharon's and the others metrics are invaluable, really drives home the point of multiple contacts.

Little bit of luck and some BP help goes a long ways, thanks.

Post: Wholesaling Budget & Details Analysis

Thomas FlanaganPosted
  • Real Estate Investor
  • Orange, CA
  • Posts 9
  • Votes 3

First off let me say thank you to all the members of BP.

A big thank you, I have especially learned from @Sharon Vornholt @michaelq @aaronmazzrillo @jerrypuckett

I want to be sure my advertising $$ don't go to waist.

Budget:  $1200/month

Plan:  Simple Yellow Letter w/postcard follow up 1x per month.  $1 per mailing = 60 mailings per day x 20 days per month

Area:  Orange County, Riverside, San Bernardino, CA

Contacts:  Out of state absentee owners and probates.

I've had successful wholesalers flat out tell me I'm wasting my money doing direct mail in my area.  On the flip side I know people like @aaronmazzrillo that are successful in this area.  It can be confusing.

Questions:

Is my budget large enough?

Should I be able to land a deal within 6 months?

Is there anything you would change?

If a successful wholesaler wants to partner up for a share of the profits to increase the success rate of the campaign, I would definitely be open to that.

Post: Investor Friendly Title Co Needed in Riverside / San Bernardino CA

Thomas FlanaganPosted
  • Real Estate Investor
  • Orange, CA
  • Posts 9
  • Votes 3

Thank you for the quick responses.

Post: Investor Friendly Title Co Needed in Riverside / San Bernardino CA

Thomas FlanaganPosted
  • Real Estate Investor
  • Orange, CA
  • Posts 9
  • Votes 3

Double close, assignments, cash buyer lists etc

Post: Investor Friendly Title Co Needed in Riverside / San Bernardino CA

Thomas FlanaganPosted
  • Real Estate Investor
  • Orange, CA
  • Posts 9
  • Votes 3

Looking for a investor friendly title co in the Riverside / San Bernardino area. Anyone know here know one?

p.s. i searched the threads but came up empty

Post: >>ORANGE COUNTY, CA MEETUP - MAY 28TH<<

Thomas FlanaganPosted
  • Real Estate Investor
  • Orange, CA
  • Posts 9
  • Votes 3

This shows the power of keyword alerts.. I just turned mine on for Cal and this alert popped up for my area. I would have missed out on this event.

Confirmed. See you guys there