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All Forum Posts by: Kenneth Lee

Kenneth Lee has started 10 posts and replied 58 times.

Post: Disappointing Bandit Sign results

Kenneth LeePosted
  • Houston, TX
  • Posts 67
  • Votes 24
Originally posted by Cole Haynes:

Last, I put a sign at every exit of the local Wal-mart and every week without fail I get the call, " Hi I was just leaving Wal-mart and saw that you buy houses".

I am really considering having my two younger brothers hold signs at major intersections in the area. They jokingly mentioned the idea to me and it should work. I get a good laugh everytime I see the "statue of liberty" girl around tax time(Now). Maybe we could even make a costume that looks like a dollar bill....or a house! Lol.

Those are both really good tools/ideas................i like the dancing dollar sign. how about a run down house costume,(yellow house, red roof) say " I buy houses. " Whoever is holding the signs has LARGE fake money in both hands. Its important the person has on white gloves and shoes.......yellow sleeves and pant legs. :idea:

Worth a try.

Post: Wholesaling During Holiday Season?

Kenneth LeePosted
  • Houston, TX
  • Posts 67
  • Votes 24
Originally posted by Chris Trook:
It depends on how much money you have budgeted for marketing. If you only have $2,500 and you use it all on a marketing campaign in December with no results then you will be out of money. If you have more then that to work with then you may want to give it a go just to get the wheels turning. I would recommend marketing materials that are either free, cheap or semi-permanent during the winter. Direct mail is expensive and you only get one crack at it. Bandit signs mounted on poles will likely stick around a bit longer. Craigslist ads are free and so are phone calls.

Great Advice!!! Bandit signs in the right spots can last for MONTHS at a time. Its like Chris said, direct mail is expensive, and for $1.50 you only get ONE SHOT!! So they better be some good leads. Where as with bandit signs,((which are around the same price $1.50)) if its in the right spot, it will stay up AT LEAST over the weekend.....i'll take my chances with 500 drivers per day seeing my sign, for 4 days= 2000 views per week= 8,000 views per month........eventually with consistency, you'll get a deal. I'm soo green/newbie.......but I have an eye for good advice, Thanks Chris :cool:

Post: When and Where to put your BANDIT SIGNS ?

Kenneth LeePosted
  • Houston, TX
  • Posts 67
  • Votes 24

I put them up about 8 or 9 feet high. Low enough to be read, but high enough were lazy code enforcement workers can't take them down or razor blade them easily. I use yellow, corrugated plastic 18''x24'' signs with horizontal flutes (so they stand up to wind without bending). I always hand-write them, not because it works better in my area, but because I'm too cheap to have them pre-made :) What I write on them is this:
I BUY UGLY HOUSES
CASH OR TERMS
OFFER IN 2 DAYS!
708-XXX-XXXX
Very simple and to the point.

Post: Code violation Marketing

Kenneth LeePosted
  • Houston, TX
  • Posts 67
  • Votes 24

thats awesome!!!

Champak, I see an ebook in your very near future....lol, thanks. Edward, no my phone hasnt started ringing YET. I'm still in my research phase, I'm trying to get all the sound advice i can (from guys like yourself) before I dive in head, unaware of how deep it is. You are soo right, once I do get all my ducks in a row, I assume there WONT BE ENOUGH time in the day to do all my task. NIcE!! Thanks Edward, Thanks Champak.

Sound advice guys.......i really appreciate it!!!
Thanks again

(back to topic)
I'm a newb wholesaler, i'm currently laided off and got a pretty good severance check. I've decided to use $2000.oo of that settlement money to start my wholesale business. I plan on acquiring properties from motivated sellers by direct mail marketing and bandit signs.

My question is, out of my 8hrs in the day to build my business, how should I allocate my time? Any strategies suggestions?

(f.y.i ......I've already started a thread on what to do with the 2k...just wondering on using time wisely and correctly, so im not wasting time on pointless things as a newb)

Thanks
Kenneth Lee

Thanks a lot Will. I actually do that for fun(drive around different areas of houston, checking home prices, going into open houses, stand at an open auction etc. etc)

I have a really good idea of ARV, and cost of repairs (father is a contractor).

I even have somewhat of an idea of what i should be doing with my day......its just not 8hrs of work. I would like to be as productive as possible, so i dont want to waste time in my day being NONPRODUCTIVE.

Again, thanks Will.

Thanks Will,
I plan on acquiring properties from motivated sellers, through direct mail marketing and bandit signs.

Good morning BP
I'm a newb wholesaler, i'm currently laided off and got a pretty good severance check. I've decided to use $2000.oo of that settlement money to start my wholesale business.

My question is, out of my 8hrs in the day to build my business, how should I allocate my time? Any strategies suggestions?

(f.y.i ......I've already started a thread on what to do with the 2k...just wondering on using time wisely and correctly, so im not wasting time on pointless things as a newb)

Thanks
Kenneth Lee

Post: Anybody bought with Urban Detroit Wholesalers?

Kenneth LeePosted
  • Houston, TX
  • Posts 67
  • Votes 24

Thats some sound advice Kevin, for any market, not just Detroit.