tracy5963 0 Report post Posted March 16, 2006 Was wondering if anyone would share some of their most popular and most responed to ads for us newbies to maybe get an idea or two. Would be appreciated. Thanks.Tracy Share this post Link to post Share on other sites
MichaelC 160 Report post Posted March 16, 2006 Tracy, are you referring to newspaper advertising? And what type of deals are you aiming for? Lease purchasing specifically, or something else? Share this post Link to post Share on other sites
tracy5963 0 Report post Posted March 17, 2006 Tracy, are you referring to newspaper advertising? And what type of deals are you aiming for? Lease purchasing specifically, or something else? Yes thanks Mike,Newspaper ads Lease option Buyer and seller. I have a few I deas about just running generic ads for my area to start a list of both ,just thought I would ask for help and experience. Thanks Tracy Share this post Link to post Share on other sites
MichaelC 160 Report post Posted March 17, 2006 Newspaper ads can be very effective. The problem is they can be quite expensive, depending upon your location. When I lived in NM, I would run the same ad each and every Sunday, without fail. It would consistently pull calls, anywhere from two to maybe eight or ten each week. At a cost of about $20, even if I didn't get any calls I could continue to run it the following week.Now, here in FL, the cost is ridiculously prohibitive and the paper is buried under real estate investor ads. After trying a few times when I first relocated, I realized it was not a cost effective way to market. And I haven't done so since.The ad I used is:AAA credit and referencesFamily needs lease with purchase option in goodarea. (123) 456-7890 Just remember to market within your budget. If newspaper advertising is too expensive, try something else. Makes no sense going broke before you get started. Share this post Link to post Share on other sites
tracy5963 0 Report post Posted March 17, 2006 Newspaper ads can be very effective. The problem is they can be quite expensive, depending upon your location. When I lived in NM, I would run the same ad each and every Sunday, without fail. It would consistently pull calls, anywhere from two to maybe eight or ten each week. At a cost of about $20, even if I didn't get any calls I could continue to run it the following week.Now, here in FL, the cost is ridiculously prohibitive and the paper is buried under real estate investor ads. After trying a few times when I first relocated, I realized it was not a cost effective way to market. And I haven't done so since.The ad I used is:AAA credit and referencesFamily needs lease with purchase option in goodarea. (123) 456-7890 Just remember to market within your budget. If newspaper advertising is too expensive, try something else. Makes no sense going broke before you get started. Share this post Link to post Share on other sites
theaussibloke 0 Report post Posted March 24, 2006 Hi all Interesting post Maichael; I've been running an ad "I find perfect tenants 4 U 4 Free" in a local newspaper that covers about 8 suburbs for $20 a week. Only had 2 calls in 8 weeks, neither wants to sell. Read somewhere that a consistant message is essential. Been thinking about doing a SLO but the only protection here is a caveat against the title. Not much when the bank takes the lot if the seller went broke. Share this post Link to post Share on other sites
MichaelC 160 Report post Posted March 24, 2006 I've been running an ad "I find perfect tenants 4 U 4 Free" in a local newspaper that covers about 8 suburbs for $20 a week. Only had 2 calls in 8 weeks, neither wants to sell. Read somewhere that a consistant message is essential.Absolutely, you must market consistently or you'll be a lonely guy. Get the word out any way you can. And, yeah, do it constantly. Keep track of what is working and what isn't, and always be prepared to change in midstream. Share this post Link to post Share on other sites
megabucks41 0 Report post Posted March 24, 2006 Well as far as looking for sellers we get busy making calls to both FrBO & FsBO by far this is the least expensive way to go. Now I did try something new not long ago and it produce six leads and two of them were real estate agents, we locked in one and I am checking out another tomorrow with two more pending. Anyhow what I did was I placed an ad just to see what would happen on craigslist.com, targeting sellers. The ad went like this. looking to buy houses in most areas I will pay 25K to 35K above asking price if your property qualifies Call (XXX) xxx-XXX or visit our website at www. nicehome Bla Bla Now when marketing for T/B we use bandit signs and we have been getting the most calls from ads that go like this. RENT NOW BUY LATER 3Bd/2Ba $9,000 up Front S F H + $1,600 a mo. (XXX) XXX-xxxx These signs are hand written on blank bandit signs. Produce 65 calls on three days of postings and only used 30 signs around the house usually we post about 50 to 60 signs and we cover a larger area but that all we had so we have four properties on contract and still trying to put T/B in got to find the right one baby aha lol that's just the way it goes I guess. I am new too and trying everything under the sun to get the edge to produce faster results. Well that it. Best of luck. Share this post Link to post Share on other sites
CS1977 0 Report post Posted March 27, 2006 The ad I used is:AAA credit and referencesFamily needs lease with purchase option in goodarea. (123) 456-7890 MC, was wondering what the "AAA Credit" part is? Share this post Link to post Share on other sites
rpoissa 0 Report post Posted March 28, 2006 MC, was wondering what the "AAA Credit" part is?CS, you are trying to get the seller to think that you have excellent credit, "AAA", so it sounds less risky to do a lease option with you. Rob Share this post Link to post Share on other sites
MichaelC 160 Report post Posted March 29, 2006 Christine, I am referring to myself in that ad. The assumption being that I am looking for a sandwich lease. Of course, if the deal turns out to be a CA, my personal credit is a moot point. Truth be told, in all my years and all my deals, I can remember being asked for a credit report twice, I believe. Present yourself with confidence and you'll alleviate the homeowner's fears and concerns. Share this post Link to post Share on other sites