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So thanks again BP and its members. I know one thing that some tend to leave out and its also what I want to ask you to better help others when they are starting out.
K. Marie Poe our 6mo avg so far this year is 25x return per marketing dollar. That calculated as Nike Roshe Run Men Black
Thanks for the additional info. I do remember some of your posts from when you started marketing. Looking back with what you know now, would you say the issues in the beginning were not enough lead time (or patience). Or did you end up changing the volume and message substantially from when you first started?
You say 27 wholesale or flips. Have you kept anything for your portfolio?
So between October of 2011 and March of 2012 I read every book even remotely connected to real estate and was on Bigger Pockets daily searching the new word or strategy that I knew nothing about. Right about March I started sharing my crazy plans of house flipping with my family and after some discussion my father and I decided to go into business together.
Now that the year has gone on, we are doing direct mail, newspaper, yard signs, and pay per click. We are in the process of revamping the website for SEO/content to hopefully drive more people to the website. Pay per click has done well for us.
On October of 2011 I found Bigger Pockets and I can honestly say it was and will continue to be a major driver for the success of our business. Back then I had been a homeowner for 5 months (a lovely ex crack den) and upon signing of the contract had an AH HA! moment when I realized how much my net worth had increased by locating a distressed property in a nice area. I figured I could do it again so I started researching and reading on Bigger Pockets only to realize I how uninformed I was and how I really just got lucky with that first deal
In the next 12 months we will hire a few full time people to manage the acquisition in a few other Houston sub markets. The commercial arm of the business is alive and kicking and we are seeking out our first large acquisition with the private capital in place to get it done.
W Tomsin We started slow with direct mail and newspaper only. If you search my old started threads there will be one of a dejected me pleading for help as to why our marketing wasnt working. Ultimately the people of BP were able to help us out, get us to keep our head down and in January after ramping up our Nike Roshe Run Women Purple marketing things clicked into place. Either way hope to run into you again.
It seems you had a period between when you started your journey and when yo landed your first deal. I know many see/hear the marketing of get started with no money and many try that approach. But how did you budget between that time period and how did you approach the marketing plan to get started. Thanks in Nike Roshe Run Purple Mens
How BiggerPockets helped us Flip
net per deal and does not cover overhead. And we have not kept anything for our self. We are in the process of doubling our marketing budget to expand our internet presence and expand our direct mail. Long term goal is to build a company balance sheet to attract banks and give our private lenders confidence to do the larger deals with us. So the focus is on raising internal and external capital.
BP has helped us find:The people and the resources available at BP are top notch, and there are just no excuses anymore for not getting started.
in newspapers and had a plan for 1000 letters a month. Using BP and its members as a resource we tweaked and re tweaked and then January hit and things exploded. We purchased 3 houses in January and are up to 27 so far.
July hit and the LLC was alive! By the end of July we were marketing Roshes Nike Womens
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