The Leading Web Directory of Real Estate Investing Resources that will teach you how to Make Money by Investing in Real Estate.
The World's Largest Directory of Resources for Real Estate Investors
Home Courses Books Tapes Software Services Gurus

Re: Is marketing as Important with Wholesaleing??
Re: Re: Is marketing as Important with Wholesaleing?? -- Scott Rister Post Reply Top of Thread Forum

Posted by: Brian (ON)
11/20/2002, 20:36:43

Edit
Scott,

Congrats on your system. I also subscribe to the philosophy of using my brain rather than my hammer.

You said that you mail to absentee owners of properties in your area twice every six month period.

You duplicate your 300 mailings system 5-8 times a month. So, you send 1,500 to 2,400 unique mailings per month. If you were to do this month after month, over a year period you would be sending 18,000 to 28,000 postcards to your target market, which is single family houses and duplexes only "assessed" at $60K and under.

Am I correct in my math to say that you would need at least 18,000 to 28,000 absentee owners with homes under $60K in a market to do a similar number of deals that you do?

To me, it would seem that you would need to live in a large city to get these kinds of demographics.

What is the median price of a home in your area? How many people live there?

Thanks, and sorry about all the math!

Brian


Post Reply | Recommend | Alert Where am I? Original Message Top of Thread Current page


© 2001, 2002 The Real Estate Investing Depot