All Forum Posts by: Account Closed

Yes i agree to food is not that great. We also like going to Kerbey Lane when we are in town.

Greg H. Btw love Austin and was just there for both working week with my full time W2 job and back again the next week during South By Southwest for a few vacation days. Love the views at the Oasis Restaurant on lake Travis.

Greg H. I can see where you are coming from but have to disagree. I’m simple asking someone to go and take pictures and a video for a set price when I can’t do it myself. I have this set up in my other market and it’s been working well for me. 4 of the last 6 houses I wholesaled I never set foot in. The other 2 I wouldn’t have but my boots on the ground was sick the day of two appointments so I had to go back and do it myself.All 6 have been sold Now I’m looking to duplicate that in a new market aka Abilene

I am expanding my wholesaling target market to Abilene, TX and need someone in the area to take pictures and a video of a property that I am interested in and email them to me when I cannot do it myself. I will pay $50 per property. Could be an easy money for a new realtor or a new wholesaler just getting started in the area.

As I get up and running in that area, I may eventually have this person also meet with potential sellers and get signed contracts for a percentage of the Assignment Fee once closed.

Thanks

Robert

@Andy Webb @Nick Danaluk

Thank you both for your quick replies. I had a much better response rate in my other target market. Granted that market is a lot more rural and smaller ( population of about 110,000) so maybe I just was spoiled and the results from that market are not typical. I had just figured after about 5,000-6000 mailers ( both passes combined) I would have received more than 5 or 10 calls. I knew that Arlington would be a lot more competitive but expected better results than that.

I usually alternate between sending a yellow letter and than a professional letter with both costing me the same at around $0.70 per letter. I'm thinking about throwing in a third option of a basic postcard which is much cheaper at around $0.34 per mailer.  

So everyone thinks I should just keep mailing then.. I have the budget to continue mailing it as my other market gets me enough deals to pay for the cost of this new Arlington market out of my profit, but I do need a deal in the next few mailings at least to justify continuing to market to it in my opinion.

Anyway thanks again for your help and quick response this morning

BTW Andy feel free to go to certain "places" to be added to my Buyers List.

So I recently expanded my target markets to include Arlington, TX which is part of a metropolitan area. I typically have used direct mail to find motivated sellers. I bough an Absentee Owner list for Arlington, TX (about 3000 leads) and have made two complete passes through the list at about 8 weeks apart. My response rate has been absolutely horrible with getting maybe 3 or 4 calls per pass if even that and no deals. I figure this list must be really competitive and that the owners are just getting a lot of mailers.

It is getting about time to hit the list again which will be my third pass I and I am debating on whether I should continue mailing to this list or cut my losses and find a different target market to mail to.

Thoughts???

Sam Shueh Levi T. McKinley Carbone Thank you all for your replies and input. I guess I'll keep hitting the lists until the revenue no longer pays for the expense plus a solid profit.

I have a few different lists that I market to and send a letter to every 8 weeks. I usually alternate between a handwritten yellow letter and a professional letter. My question is how many times do you mail to a specific list before you stop or do you equate keep mailing forever. I'm currently on my 8th mailer I think to my Absentee Owner list for example. Just curious on BP members thoughts. Also how many times do you hit a list before giving up on it if you have gotten 0 deals. I wholesale BTW. Thanks

@Clyde Jeffrey Foster I wholesale houses in Wichita Falls, TX. If your looking for any good deals in Wichita Falls than please feel free to PM.

Thanks

Robert

Kevin Stafford welcome. Just the OCD in me.