All Forum Posts by: Greg Garza

 Thank you Hector. As of now I am doing direct mail campaigns using lists from propstream. I'm doing things in the cheapest way possible, like printing everything from my home and dropping it all in the mail myself, but I'm also trying to do some door knocking whenever possible. It's hard getting to the door knocking while trying to balance my military job, family time, and upkeeping my own house. The issue I'm running into with door knocking is that all the distressed properties I find seem to be occupied by renters, and they aren't giving me the time of day. I think they're scared about getting kicked out of the house if it's purchased by another investor. I understand this is all a numbers game as far as leads go, so for now I'm just gonna stay the course.

That's the plan right now. I working on getting some lists from the county offices around here so I can scrub them and start making cold calls. I also need to get in contact with some investors interested in the Jacksonville, NC area. It seems to be a good area to invest in, especially for flips, but all my contacts are in Wilmington.

 I agree, that's what the plan is right now. I'm surfing through the county websites right now trying to build my own lists. Once I start getting a few solid possibilities I'm going to start calling all of them and sending out mailers that I'm making myself. It seems to be the lowest cost way to source leads for now, but once I get through my first deal or two, I plan on using an actual service to handle direct mail campaigns and social media campaigns. Hopefully, I can use my own research and screening processes to shorten that cash cycle. From what I hear, cold calling can be effective but generally it'll take 200+ calls to land even a few possible leads.

 That makes sense. I think i'll get my direct mail campaign started while I look into some list builders. I'm also going to start looking around at skip tracing services. Thank you for the advice. It's been a huge help.

 6-9 months seems like a long time. Thank you for the resources, but could you explain what skip tracing is a little bit? Is that just finding the contact information for the owners I want to contact or is it more like filtering the results of the list builder to suit my parameters? Also, is there any method you know of to shorten the cash cycle?

I am working on developing the marketing strategy for my new wholesaling business. I have limited funds so I don't want to start with expensive paid ads right now, but that limits my options. I have thought about direct mail campaigns and like the idea, but that tends to have at least a 2-3 month lead time on contacts. I've also thought about direct contact, such as door to door or cold calling, but door to door is very time consuming and doesn't have the promise of meeting the actual owner of the property, and I still haven't figured out how to get phone lists of potential leads. Does anyone have any advice for how make quick contact with leads or how to find/build a list to make cold calls?

 I actually just found their website in the last few hours. I'm trying to be present at their next meeting and join the group. It'd be great to have some people physically around me to keep me accountable. Thank you for pointing me in the right direction.

@Patrick Roberts

I need to look up what SDIRAs are. It'd be great to talk things over with you.

@Patrick Roberts

For now, I have very little capital and a military paycheck so I kind of have to make the right choices or else. I really appreciate the advice.

@Patrick Roberts

That's some good insight. I think I'm going to hold off on registering for now. I'll do it in about 6 months once I have a foothold in NC.