Thinking Of Advertising To Other Investors To......

I have been thinking of advertising to other investors to do their mailing lists (stuff envelopes,hand written, addresses, stamp, etc) . on a weekly or monthly basis to fund my own advertising efforts.

Do you think this is a good idea? Would you pay someone else to do this? Why or why not?

Thanks,

J_S :-D

Comments(4)

  • JohnMichael13th January, 2005

    Why would you want to do that and not invest in real estate or are you trying to market your services on this forum?

    Let's see make a few $$$ for stuffing envelopes or make 10's of thousands of dollars investing in real estate!

    It cost me 93¢ per letter that I send using NetPost Services and it's all done online, how would this fund your advertising expense? How would you provide a better service? What would you charge?
    [addsig]

  • jill_s13th January, 2005

    Hello,

    Thanks for the reply. I want to invest in real estate and I send my own mailers hand addresses etc and thought that I could do other investors also for like $88.00/100 letters to help fund my own advertising. News paper ad, Bandit signs, door hangers etc. You have a better responce with hand addresses lettres but few have the time to do it so I thought it may be a good idea. So I take it you think it is a bad idea?

    thanks J_S



    grin

  • JohnMichael13th January, 2005

    So you will provide the printing, envelope, postage and all the rest to get out a marketing campaign for 88¢.

    I look at it this way it's a time value money thing.

    For me if one needs to supplement an investors advertising budget why not do something that would provide a larger amount of revenue like a part-time job at the deed office, realtor office, any thing real estate related.

    Now I'm not kicking your ideal - shoot you may be able to make it a success! It just seems that your time as an investor would be more valuable locating real estate than stuffing envelopes for other investors.

    Give you an example - I market expired listings by using www.realtor.com and just purchased a property for 24k yesterday by sending 3 letters and will sign a contract with another investor this afternoon netting $4,800 I have a total of 7 hours in this deal.

    It's just a thought - I think your time is more valuable than the few cents you will make stuffing envelopes!
    [addsig]

  • jill_s13th January, 2005

    Thanks John,

    I do see your point. I have a rather LARGE marketing plan I would like to start and ideally I would like to do something from home so I can still take calls go see houses etc.

    You do make a good point though. I think I will look into other options as well.

    Thanks a lot,

    J_S

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