Starting off in real estate can be costly in generating your marketing lists. Most list sources are expensive, and some may require you to pay a monthly subscription fee. So, what's an affordable way to generate a list of properties you can market to?
1.) DFD (aka driving for dollars.) It's a common list source for real estate investors starting out. What is it? Drive in your car, whether on the weekends, on your way to work, the grocery store, etc., and write down any house addresses that look like they need work done to them (roof replaced, windows outdated, yard unkempt, etc.) These a properties you can most likely purchase below market value due to the work or upgrades needed for them.
Not only does it give you an advantage of finding properties that might not be on an out-of-state investor's list, but it lets you see what neighborhoods you like, and which you'd want to stay away from.
2.) Next, search on your county's website for the owner's name. Every county has a free website they can search for property info on, most including the name of the homeowner.Â
3.) Finally, send handwritten direct mail. Handwritten letters get noticed, are opened nearly 99% of the time, and builds trust by sending a genuine letter of interest to the homeowner. However, handwriting hundreds (even thousands) of letters can take hours just to get one deal.
Enter First Touch Letters. We are a direct mail company that sends handwritten letters that gets noticed and produces results! Not only do we save your hand from cramping, but we save you time and money. Handwritten letters are the best low cost acquisition to getting you deals.
Not sure where to start on your marketing lists? Give us a call, and we'll help guide you on what lists (and letters) you can be using for your marketing!
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