What to pay to address and fill letters???

General Real Estate Investing
1

I have heard that people get stay at home moms to fill their letters. Does anyone do this and what do they pay?

2

I know there is a company online called Yellow Letters Complete, that does all of this for $1.75 per letter and I think that includes postage, paper, and printing if that helps.

3

I know there are companies that do this, I was just wandering if there is anyone that pays stay at home moms

4

There is not a lot of reason to pay someone… These letters will take all of 15-30 a day to produce…

I figure .55cents for a typed letter/handwritten letter and .35cents for a postcard…

Good luck

Michael

5

I paid stay home mom for a while. I was paying her $8/hr but that turned out to be a mistake since I would end up paying for time and not productivity and ended up taking her 2 minutes to address and seal hand written letters.

If I do it again, I would pay per letter like Michael said. Agree with her to do as many as she comfortably can in an hour. Agree on an hourly rate… then calculate how much it cost you per letter. From that point, only pay her per letter and not hour.

6

Yeah, I would also stay away from paying work at home moms by the hour. I have also tried this and for the amount of letters that were completed, it was not worth the money I paid. It may seem to be a better deal, but at least you know you are getting guaranteed results when you pay on a per-letter basis.

7

So does everyone agree on .55 per letter? That seems high.

8

I do my own mailings, but if I were to outsource it I would use the following formula:

Based on 1,000 letters mailed per campaign.
Worker print, stuff, and mails each letter.

$40.00 for 1,000 Envelopes
$490 for 1,000 $0.49 Stamps
$20 for Paper & Ink
$0.00 for Letter to be printed, stuffed and mailed (provided by company)
$150 for $0.15 per letter labor

$700 expense per $1,000 letter campaign

Personally I do this:

$418 for 1,000 Post Cards
// rates obtained from hotcards

I prefer to use post cards for my mailings. This way the homeowner doesn’t have the option to open anything. I supply my post card design along with a mailing list of 1,000 addresses (one for each card obviously) to Hotcards when I order. They will print each card with a unique address from my mailing list AND they will print the postage on the card then mail them all out for me. This is really the best, easiest, and most cost effective way I have found for mailing campaigns.

GooD Luck! :beer