looking into having motivated sellers contacting me. what are you guys having good response rates from? it seems direct mail is flooded with other investors. unless you can afford to send multiple mailings, it doesn’t seem cost effective.
if you guys are using advertising, what types are you using? more details the better.
alex
Direct mail actually is the best way to go, if you are sending it to the right people consistently. I don’t use it all for preforeclosures (what’s the point?), but do use it for landlords and properties owned free and clear. Hit the sellers at least six times and you’ll get results. Use postcard from usps.com (the post office) they cost 31 cents to print and mail, it doesn’t get cheaper than that.
I have used signs, but they tend to disappear and have this nasty habit of drawing fines from the sign enforcement police in my market. They also draw a bunch of useless calls that waste your time and money.
Monthly Email blasts to your email list works, just don’t spam them
An addition to Hassanr is targeted list…build relationships to get them for free and mail like mad. don’t mail on junk mail days higher probability of getting trashed. Good luck
We are getting crazy (good) results from craigslist, actually.
would you mind sharing who you’re marketing too and what marketing techniques are giving you the best results?