Post cards net $38,000 in a few months - Posted by Richard Roop
Posted by Richard Roop on June 16, 2001 at 14:29:20:
I mailed 6,000 post cards in February to my metro area of 500,000 people. I targeted only homeowners with VA loans 1 to 4 years old. We have a lot of military.
(Next I may test any homeowner who has owned there home less 4 years. I heard that about 87% of people in foreclosure have owned their home for less than 4 years.)
I like buying houses will little equity. I buy them “subject to” existing loans with good terms, usually no money down. I resell at a premium by offering terms.
We called several sources for lists and bought ours from our phone company for 6 cents a piece on labels. Easy list. Probably free on the net.
My post card read:
Local company wants to buy your house!
Sell your house in 9 days or less at no cost to you…
If you want to sell your house in the fastest, easiest, and most convenient manner, get this FREE special report. You may discover the perfect solution…
? Looking for debt relief?
? Transfer or new job opportunity?
? Making payments you can?t afford?
? Is your house too big or too small?
? Bad tenants?
? House need repairs?
? Do you have little or no equity?
? Divorce?
? Liens?
? Foreclosure?
Call the FREE 24 hour real estate hotline toll free at 1-888-499-1051, then enter:
Box 6051 to hear a FREE recorded message on how we might buy your house quickly, or
Box 6053 to order a FREE Special Report “Sell Your House in 9 Days or Less at No Cost”
Or you can call our office directly for personal assistance at (719) 687-4472.
“I can pay all cash with no contingencies…and if you want, we can close in just a few days.”
Only 8 people ordered the report but I spoke to about 30 sellers (1/2% response) who called my office. Of course most were unmotivated and inflexible. Many were being transferred early summer.
I’ve already bought and sold one house for $17,000 cash profit, and another with a equity spread of $21,000. Plus some other good fall out…at my open house I found a tenant/buyer for one of my other properties priced at $169,500 who gave me a non-refundbale $8,000 purchase deposit plus $6,000 in advance rent!
That was my first direct mail campaign as an investor. I already have several other low cost marketing legs keeping me busy.
I’m still getting occasional calls from that one mailing campaign (mailed out 1500 a week for 4 weeks) and I am sure I will buy one more deal by following up.
Total cost of this campaign was about $1,800. Now that I write this I guess I should do it again!
Hope that is helpful.