Hey you guys, just wanted to do a an update on my Bandit Sign campaign. First let me say, if you the money to have you signs made...SPEND IT!! I say that because, if you're anything like me, you have to work 10-12hrs a day at your day job, then fit in Wholesaling business between dinner and bedtime. With that being said, it takes 4444444 evvvveerrr AND A DAY to write your own signs, and i think im getting slower instead of faster, save yourself the 5 or 6 hours, get some sleep...lol.
I stoped keeping count of the phone calls, once i proved to myself that this works, i kinda lost interest in keeping score(thats a good thing...i think). I wasnt getting really good leads, most people were wanting market value for they're homes. I was getting really frustrated, thinking to myself "damn it....you wasted your money annnnd ....you dont wtf you're doing out here....WASTEIN MONEY!!!" Then ......I got a call :D It was an older man, that saw one of my signs leaving his sisters house, mind you he lives a little over 45 minutes from Houston, where i did all of my marketing. The short version is.......he had 2 hurricane damage homes IN GALVESTON, that he'd tried to sale before, with another wholesaler...to no avail. He was giving it another chance because no realtor would touch. I gave him the txt book low ball, and he very cool with the numbers. Did everything txt book again when it came to advertising the properties......AAND NOTHING SEEM TO WORK. Theres a guy that I work with that does several deals a year, actually he's who i heard the term WHolesale first from....anyway, I asked him if he had a buyer that would by these properties, and he said "No....but call every WE BUY HOUSES number listed on google, and you'll find a buyer."
WHY DIDNT I THINK OF THAT!!!! I found a local wholesaler that had a buyer that would buy almost ANYTHING she threw at him, he words were..."Oh F@#K yeah he'll buy this sh*t," her eyes lit up as soon as we pulled up on the properties. We ended up having to lowe the price, but the seller was ok because they were closing within the week. I ended up pickin up a check for $2,100. She (wholesaler with the buyer) ended up with the biggest chunk at $3,400......which I THINK is fair.
The only bad that came from this deal was, I didnt get to learn anything when it comes to closing....NOTHING!!!
On the same note.....im $2100 richer than i was 7wks ago. Most of all.......I know it works!!!
Im going to continue to put out my signs, and also do some direct mail marketing. So far, I've only spent a little over $400 of my original $2000 budget........my new budget is $3600. I know these sound like smaill numbers for a lot of the pros out there......but for me, its like a million bucks!!!
Thanks BP
when I do a deal COMPLETELY on my own....im headed to the success page (form of BP)
