All Forum Posts by: Jimmy Deringer

Wholesalers have it figured out. Good idea finding your own deals. I've found all mine off market, this is what I do.

Before you jump into the game make sure what you are doing is legal. There are a ton of laws regarding auto dialers and rvms and sms blasts. Know the laws! we have a law firm on retainer to keep us and our partners safe since this is all changing so fast. Here's a good place to start. 

https://www.ecfr.gov/cgi-bin/text-idx?SID=4be87749...

Now in terms of what not to do. Don't use excel to manage all leads. it's possible, yes. but you're going to run into issues and ain't no body got time for issues! $3k per month is a solid budget to get some hot leads and a good CRM to manage them. Use podio. and then it's just up to you to negotiate and close a deal :)

What I would do is buy a list of property owners, (make sure you get business owner names too), find a good appending service who can give you principle names who own the businesses, owner addresses, and owner phones. Upload all that information into podio and find a phone system that allows you to contact them virtually. Then find some VA's that can manage the outbound and inbound calls and texts. They'll filter all the cold leads, update your crm and you just handle the hot leads from people who actually want to talk.

As far as direct mail, build a relationship with a mailing house and let them send bulk marketing mail for you. They should be able to send mail "all in" for less than $.60 per envelope with a letter. I don't know about postcards because we don't do those. Put a different phone number on your letter so you can track what works best in your crm.

That's a good place to start. Let me know if you have questions!! :)

Use Podio for a CRM, It will handle your text, call and direct mail campaigns. Get different phone numbers to track where leads come from, talk with a lawyer and start marketing!!! :)

Just make sure you speak with a lawyer before you jump in head first! fines can be heafty if you're going against TCPA Laws! 

https://www.ecfr.gov/cgi-bin/text-idx?SID=4be877499b3e508131313bf6e7933656&node=47:3.0.1.1.11&rgn=div5#se47.3.64_16000

They're people too, speak with them as you would anyone else over text.

We can take this one step further, yes there are laws to be aware of. From my understanding, and I'm not a lawyer so this isn't legal advice., Cold calling isn't inherently illegal, cold texting isn't inherently illegal. HOWEVER, using autodialers and calling the DNC list will get you in hot water. The difficult part is getting your systems in place to manually call and manually text. 

https://www.ecfr.gov/cgi-bin/text-idx?SID=4be877499b3e508131313bf6e7933656&node=47:3.0.1.1.11&rgn=div5#se47.3.64_16000

Interesting read if you have 10 hours ^^ ;)

If you haven't chosen a software yet, definitely use podio. let me know if you need help setting it up. it was a little tricky at first but it just takes some getting used to since there are so many options.

Both man! the answer is always both :) Texts are like $.01

Hey Bradley, you might want to speak with a lawyer regarding a "blind blast text" we built out a manual texting platform for our team to use and have VA's working to manage all the leads. But again, I'd look twice at mass texting and rvm services. https://www.ecfr.gov/cgi-bin/text-idx?SID=4be877499b3e508131313bf6e7933656&node=47:3.0.1.1.11&rgn=div5#se47.3.64_16000 

Manually sending messages is the way to go. Be careful with dialers soliciting services and speak with a lawyer before you jump into it if you're concerned about possibly doing something illegal. 

We built out a system to manage this for a our partners. we use podio to manage all the leads. be careful with bulk texts. I'm not a lawyer but I suggest speaking with one about what you're wanting to do.

https://www.ecfr.gov/cgi-bin/text-idx?SID=4be877499b3e508131313bf6e7933656&node=47:3.0.1.1.11&rgn=div5#se47.3.64_16000