There's money to be made in the deal, I just don't have the cash reserves to make it work, and can't afford to speculate.Haven't had any responses to my mailing campaign in about a week and a half.

With the little money I do have to commit to my small marketing campaigns I have come to a little bit of a fork in the road, I have come to the conclusion that maybe if I first focus on paying off all of my debts that I can actually have more focus in the future on my real estate investing/ wholesailing when I actually have the cashola to spend.

Monica Breckenridge - Sharon Vornholt did a series on this very topic on the BiggerPockets Blog; here are the last 3 posts:- Systems for Managing Contacts and Direct Mail Campaigns for Investors- How Using A Database In Your Real Estate Business Makes You Money- Setting Up Your Database for Your Real Estate Investing Business

,We're actually planning to do some pretty serious direct marketing starting next month, and this is one of the things my wife and I have recently began discussing (blanket campaigns to all addresses).We decided that we're going to start with those subdivisions where we know we'd like to buy, and blanket those first (probably about 15 subdivisions for about 1500 addresses).

He would then maximize profits by building the houses in China and then shipping them here combined with a massive marketing campaign to convince the public that not only are his houses pretty nice, but they make you a little hipper than what you once were.

We've successfully gotten back into contact with about half of them so far, and there are two potential deals from that group -- we'll know more this week.We also are about to launch a big direct mail campaign in the coming weeks with a different strategy in mind (I don't want to divulge before we start)...I'll have more to say about that in the coming months if anyone is interested.

What can I expect for rate of return on each of the marketing campaigns?

Better put that $500 toward a good marketing campaign you already do on a regular basis.

Any adverting campaign is based on volume, repetition, in other words advertising is a program, not a one shot.

20 years ago Ross Perot was shouting many of the same warnings during his presidential campaign.