Your first 90 days of direct mail, week by week

By Josh MillerUpdated 5 min read
The short answer

Spend the week before you mail choosing one list that sells in your county, setting a budget you can hold for 3 months, and setting up a tracking number and CRM. Expect calls in weeks 1 to 4, first appointments and contracts in months 2 and 3, and judge it at day 90 by list, because the honest window before a first deal is 60 to 90 days, and plenty take longer.

The first 90 days decide whether new wholesalers stick with mail or quit right before it would have worked. Here's what to expect, week by week.

Before the first letter

  1. Pick one list that sells in your county. Expired listings and foreclosure filings sold off-market at 12 to 13 of every 100 within a year in the county records; free and clear at about 1.5. Check yours.
  2. Set a budget you can hold for 3 months. Your floor and ceiling.
  3. Get a tracking number for this list, and a CRM.
  4. Practice your first-call lines. What to say.

The 90 days

Your first 90 days of mailTypical for a new investor mailing a good list on schedule. Plenty take longer.
WhenWhat happensYour job
Week 1Letters land; first calls, many curiousAnswer every call live or within the hour
Weeks 2 to 4Steady calls; a few real conversationsLog every call; schedule follow-ups
Month 2Second and third touches land; owners who've seen you callSee houses; make written offers
Month 3First contracts; some deals start closingWork the follow-up list hard
Day 90Enough data to judgeReview by list: calls, conversations, appointments, contracts

The honest window before a first deal is 60 to 90 days, and plenty take longer. Owners decide over months: across 99 counties, about 3 of every 100 owners with a foreclosure filed sold off-market in the first 3 months, about 13 by month 12.

At day 90, diagnose in order

  1. No calls? The list or the address data.
  2. Calls but no real conversations? The list: owners who aren't selling.
  3. Conversations but no appointments? The phone.
  4. Appointments but no contracts? The offer.

Fix the earliest broken step first. Changing the postcard design is almost never the answer.

Questions investors ask

What should I do before my first direct mail campaign?

Pick one list that sells in your county, set a budget you can keep for 3 months, set up a tracking number and a CRM, and practice your first-call lines.

How long until direct mail produces a deal?

The honest window is 60 to 90 days for a first deal, and plenty take longer.

When should I judge my first mail campaign?

At about 90 days, by list: calls, conversations with owners who might sell, appointments, contracts. Not after the first week.

What if I get no deals in 90 days?

Check the list and the timing first, then the follow-up. If owners are calling but not selling, it's usually the list or the phone, not the letter.

30 minutes with Josh on your county.

Ten quick questions, then pick a time. Free, and Josh tells you if it’s not worth mailing.