Online advertising

[GeorgeB]

So, I use craigslist and backpage a lot for online advertising. Normally I get 5 to 15 hits a week off of that alone, not to mention my repeat customers and referrals.



However, I have noticed that in the last almost 2 months, my online advertising has generated 0 business. No online quote requests, emails, calls, chats, etc.

So, looking to expand my online advertising. With that said, besides craigslist and backpage what other online avenues do you use that helps to generate some business?

[parrothead]

I have had basically zero as well from my Craig's list and back page. I think there is a rut. I do get the occasional call from someone with a laptop that they want an arm and a leg for, but it has been dry here for some reason as well.

[Hypoman]

I have never had a hit on craigslist....... not one....... consider yourself lucky to have been getting that much. I'll keep the ad on there...... just hit more direct advertising since that's been amazing for me.












I think we consider too much the good luck of the early bird and not enough the bad luck of the early worm.
Franklin D. Roosevelt

[ctscrapping]

I think there are too many competitors on craigslist, ay least around here that seems to be the case. If i do a search for either scrap or computer scrap I get all too many results. I still have an ad up on both but I havent had a single hit on either site.

[IdahoScrapper]

In addition to CL, thumbtack, facebook and what not, I am going to "follow" more businesses on twitter in the hopes it gets some exposure. A bit of a dry spell here lately as well, though I did get 2 cars today. I usually go a while between cars.

[BurlyGuys]

Dudes and dudettes, my online reponse has been dead since April for the junk removal business. I had nice google placement all last year and up through March. Then google changed the algorithms with a couple of things called panda and penguin. Now I'm paying big bucks to a SEO guy trying to regain my place. Still working on it.

[GeorgeB]

I was going to use Thumbtack in the past, but they and a company called ServiceMagic will generate leads for you, but you must pay in advance, with hopes of gaining business, and I never been one for that route.

I don't mind getting leads, placing a bid, and winning the bid, and then paying a small price to contact the client to get their address, etc. But I refuse to pay for leads that may or may not generate business for me.

I told my wife that if things continue, I will be getting back into real estate investing sooner than expected.

[IdahoScrapper]

Not sure I follow what you just said, but I use thumbtack and don't pay for leads. Maybe there is an option to do so and I don't see it.

I do get people who can't read my ads. My last inquiry was for a computer technician to troubleshoot his computer. Sorry buddy, I only recycle them.

What type of RE are you in? I am looking to get into it someday. Lacking capital at the moment.

[GeorgeB]

Not sure I follow what you just said, but I use thumbtack and don't pay for leads. Maybe there is an option to do so and I don't see it.

I do get people who can't read my ads. My last inquiry was for a computer technician to troubleshoot his computer. Sorry buddy, I only recycle them.

What type of RE are you in? I am looking to get into it someday. Lacking capital at the moment.

Regarding thumbtack, last time I was on there to complete my profile, I thought it said something about needing to pay in order for them to send you leads, etc.

Not sure, and I could be wrong, but I do know that servicemagic is like that.

As far as RE Investing, when I was actively doing it, we just dealt with brokering cash flow notes. We dealt with individuals who sold their homes using seller financing, and we would match them with cash buyers who would buy their notes as a whole, or buy say 30 out of 50 payments, or buy half the note (50 payments left, they would buy 25).

We still do that, but most of our investors have gone towards purchasing bulk reo properties now. One of our biggest buyers is a private equity company in AZ. They will buy anything, as long as it meets their criteria and the sellers are real (you get a lot of people trying to pass off product as them being direct, when they aren't)

When we get back into it (which again, is looking to be very soon), we will be starting off with wholesaling properties. That is basically where we find properties that are vacant or in poor condition, needing work, etc. We contact the owners, and ask them basically if they are looking to sell. If so, we have an individual go and take pictures and then a video tour of the property.

We have special software that does majority of the work for us, to tell us what to offer on the property. If they accept, we put the deal into contract (option to purchase contract). Then, we begin to market the property as is to potential cash buyers. Once a buyer shows interest, they are to submit an EMD (Earnest Money Deposit) which your escrow/title company would hold for you. Most people do small amounts up to $100 but we do $1,500 to $2,000 non refundable. We do non refundable, so it ensures the buyer goes through with the deal. After all, who wants to loose $1,500?

Then, when we go to closing, our buyer cuts our seller a check, and my company a check. Now, if you do not want the seller to know who your buyer is, then you simply do what is considered a simultaneous close. It is how it sounds, where you close your transaction with the seller, and then you turn around and close it the same day with your buyer. Either way, your profits are GOOD!

What we will also be doing, is what is known as "backwards wholesaling" and it is the same thing, except you first find out what your cash buyers are looking for, and then you turn around and go find that property for them. Since you already know what they would be willing to spend, and what kind of property they want, and how much rehab they want to do (ie: light, medium, full), then once you find the house, you know what you can offer, and how much you can make off the bat.

This is a good way, to make quick cash, and to move on. Most people though, once they land a few deals, will take it a step farther, and simply rehab the houses themselves for even greater profits.

To be honest man, besides the cost of the software (this is software that gives you leads if you dont want to go searching, access to cash buyers, tells you what to offer on the property, helps you with contracts, and helps you to market the property), there isn't that much capital that is needed. Not like what most thinks. A lot of investors, me included will use what is called a transactional funder. That is someone/company that will temporarily lend you the money to close the deal between you and the seller, and then when you and the buyer close your part of the deal, you pay back the transactional funder that lent you the money, plus their fee for lending it to you. Some people will do this for every deal, where others will do it until they close enough deals and have the capital to close the deals with out the transactional funder.

If you want to know more, feel free to email me at georgebeale@tmcgcorp.com

Back when I was really into re investing, I helped people out all the time with the knowledge I gained from my mentors. I even had my own forum that helped people and companies, but unfortunately, had a severe server issue, and lost all the information.

Anyways, like I said, if you like to talk more about it, feel free to email me.

[multimetalrollsindia]

Examples of online advertising include contextual ads on search engine results pages, banner ads, blogs, rich media Ads, social network advertising, interstitial ads, online classified advertising, advertising networks and e-mail marketing, including e-mail spam. Many of these types of ads are delivered by an ad server.

[Libertytow]

the problema with cl and backpage is that it"s constantly the same people on it over and over everyone knows about ti but the regular refresh every two minute jokers are the onlyones who still play the game.


there has been a lull on there for a while now as it"s becoming harder and harder to get quality ads or products from it