Help!!! Considering newspaper ads - Posted by Phamtastic
Posted by Phamtastic on January 29, 2002 at 24:11:01:
I know patience is a key ingredient of success, but I rather not wait around for phones to ring. And am taking a proactive approach.
I just put up 98 bandit signs and currently no calls from it except for 2 different city ordinances asking me to take them down and 2 potential tenant buyers…but no motivated sellers have called yet. It’s been 10 days so far.
So I plan to put up 50 this Friday and continue putting up 50 per week for 2 months.
But since my phones are not ringing. I want to adjust and add newspaper classified ads as part of my marketing.
This question is gear more toward those experience L/O gurus in the Washington Metro area.
I am considering putting an ad in
a) The Washington Post on Sundays
b) The Prince George’s County Gazette
c) The Prince George’s Penny Saver
Which one would be best to place.
Ad will say:
I BUY HOUSES
I TAKE OVER PAYMENTS
WE BUY HOUSES
We take over payments
No equity, no problem
We will buy or lease your house
If you had to put your best buck to work…where would you place this ad and how long should you run it.
If you are an experience L/O investor, what have been your cost & profit (avg over the years) from these ad sources.