All Forum Posts by: James Ritter

Anybody here use SRDS? I just saw a video where the guy says that SRDS is an "A" method for direct mail where List Source is a "B - D" list provider.

Anybody have any experience to share?

@Mike Makkar

Agreed.

Everybody if you are going to do this please done wipe your letters on your wet dogs.

Seriously though. Thoughts?

They say smell is the strongest sense tied to memory. I wonder if it would be effective to maybe spritz a tiny bit of cologne on the paper inside the envelope so that it smells as soon as its opened?

Thoughts?

@Jay Hinrichs

@Michael Hayes

Thank you guys. Very good information. 

Guys,

I really have to say im pretty confused here. The website in your signature has yellow letters at the primary direct mailer recommendation. Yet, in this thread you are saying that "everybody gets them and are tired of getting them"

That is fair and fine with me, though I dont hear or see any alternatives. Are you telling me that if I came to your website, clicked on yellow letters, you would tell me that its not a good idea? I must be really missing something here.

I did not realize I could take the course and the test before I even need to be sponsored. In the securities world it is quite the opposite. I will have to look in to that.

Thank you!

Hello Everybody,

I want to get my real estate license in both New York and in Georgia. I see that you have to be sponsored so I am not sure the route to take. (I have the Series 7 and Series 63 securities licenses so I understand sponsorship).

My question is how to I approach a broker to get licensed? I want to work as an independent agent as I am interested in Investment properties in both New York and Georgia but do not want to be forced in to an office.

Advice is appreciated

@Jay Hinrichs Awesome advice. Thank you very much.

The reason I wanted to start with a deal or two with wholesale is so that I can learn the process of real estate investing with a real world example that create. For example, if I buy a house and wholesale it to an investor rather than fix and flip or flip and hold I would then be able to track exactly what happens to the property. IE how much does it sell for once rehabbed. This would help me learn the market since I am in New York and I want to work with smaller properties first so I dont lose my money.

I think Auctions seem to be the place to be for me. However, considering I do not know real estate very well (yet) I would almost DEFINITELY buy something that I should not have bought for more than I should have bought it just because im excited to be at an auction which I am fairly certain would happen. With that being said, that would absolutely be a large part of what I do, a year from now.

Everybody says to do what you are passionate about. Taking some old crappy home and fixing it up brand new is something I would find great joy in, which is a large part of the reason I want to get in this game (money is obviously a factor as well). The company I own is a money maker, but the passion simply is not there.

@Jay Hinrichs Thank you. That is very helpful. I am targeting just outside of Atlanta, pretty much 45 mins or so away in all directions. I dont really know if that is a hot market or not.

I also own my own company (not related to real estate) and really would not mind spending 30K a month on marketing if that is what would be required to be successful in this business. This mailer I am hoping to learn a lot from but would really like to get at least one deal under contract. I dont think that is really that much to ask for out of 3K mailers but of course I could be wrong.

Now I could be completely wrong here, but from what I understand the main goal is to get the reader to open the mailer and read the message. If you an investor, obviously you are going to chuck the mailer in the garbage and I dont think the color of the paper is going to make a difference. I also understand that we cannot produce motivation, it is either there or it isnt.

With that being said @Justin Silverio it is really hard for me to take what you say as fact considering that in your signature you link to your website which is obviously in competition with yellowletters.com, not trying to sound hostile here but consider the source... I feel that same way about @Jay Hinrichs. What I would like is to hear from people that actually used this marketing method and what their results were rather than people that are obviously experts but have competing products and maybe not the same goals as I do.

My goal is to get two deals under contract for wholesale at first. I am going to take your advice however and split my first mailing in half. One I will use the yellow letters and one I will select a different delivery of copy that I am undecided on so far. Again, I cant see it making so much of a difference but I think it is worth trying and tracking to see what works better. A list of 3K may not be enough to notice any significant difference.