6 low cost marketing ideas to buy more houses now

Well. I know we’re in a recession, but for many people that means we’re making more money than ever. However, if you’re just starting out and don’t have a lot of money (yet), I’ll give you a few ways to get started with little to no money.

First of all, if you’re reading this, you should know that you only want to make lease options, subject to and wholesale (all the ways we use other people’s money and credit). We don’t buy foreclosures because that means we would have to get a big private money loan or take out a mortgage from the bank.

Alright. Good. I’m glad we’re all on the same page. Now, you need to figure out how you’re going to locate those leasing options, subject to offers, and wholesalers, right? Well, it ALL starts with marketing. And if you really don’t have marketing money, here are some ways to get started:

1. Drive for dollars: Drive through the neighborhoods where you want to invest and write down the numbers on the “for rent” and “for sale” signs. This is a quick and easy way to get deals and it only costs gas money.

2. Craigslist.com-Yes, I stress this all the time. But it’s FREE. Please email all “for rent” and “for sale” listings.

3. When you’re out running errands, hand out your business cards to everyone you can. Your dry cleaner, the guy at the gas station, the store clerk. Business cards are cheap……….red, red, red.

4. Car Signs: Magnetic car signs are only $50 a set. And once you get them, you can drive around with them in your car and advertise forever.

5. Social Media: I’ll be the first to admit that I’m not very tech-savvy. However, here is my take on social media. Go to all your REIA meetings and contacts. Then, get on everyone’s email list so when they have offers, they’re emailed to you. Of course, there are other forms of social networking, but this is not my area of ​​expertise.

6. Mailing lists: You have to send letters and postcards and I know that mailing lists can be somewhat expensive. Here’s how to get FREE mailing lists. Contact the Realtor® on your power team. Tell them you want them to email absentee owners in whatever zip code you choose (they come in 500 at a time). The only problem with this method is that you have to review each listing to see if it is quality (3 bed, 2 bath, not a condo, etc.). You then need to take that information and put it into an Excel spreadsheet. This is 100% free, but it is time consuming.

No more excuses for not marketing. The most expensive on the list was $50. And do you want to know what the most successful people who are reading this are going to do? Okay, I’ll tell you, but only if you follow his lead. They’re going to do all six methods. Successful investors have several irons in the fire because you never know where the next deal will come from.