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All Forum Posts by: Tom Goundry

Tom Goundry has started 1 posts and replied 3 times.

Quote from @Eliott Elias:

Direct mail is one of the most expensive ways to market. They require precise follow up and for you to be extremely intentional. Cold calling is a much cheaper way to market for deals. You either have to train your cold caller or hire a company that has trained callers with scripts. 


 I'm attempting to reach out to 2000 autoshops/gas station that exist within a city so going to cold call, direct mail, and cold text each location I'm thinking...

Post: Ways to Generate Leads

Tom GoundryPosted
  • Investor
  • TEXAS
  • Posts 3
  • Votes 2
Quote from @Mason Liu:

@David Ramirez talked about SMS and Coldcalling costs, I will chime in with direct mailing.

Cost per mailer can range anywhere between $0.40 to $1.50 per letter depending on where you buy from and how customized it is (IE Robot handwritten vs computer text, yellow mail vs designed envelope). I won't give a cost per contract because it really does depend largely on the mailer you send, lower quality mailers will yield lower call back rates than high quality ones.

What's the best strategy to use between direct mail marketing, cold calling via text, and traditional cold calling? Seems your big on mailers, do you know what the percentage of deals that actually close off them?

What are the differences in effectiveness, pros, and cons between direct mail marketing, cold calling via text, and traditional cold calling in the real estate industry, and what factors should someone considering cold calling for real estate take into account?

Looking to start up a cold calling operation to buy retail properties like gas stations, c-stores, strip malls, shopping centers, etc. Does anybody know effective this will be in my industry?