Private Money Lenders: Using Postcards and Letters to Attract Private Money

The next couple of real estate investment marketingattention and thought to your offer.
plan components are postcards and letters. We canSolution
almost handle them together. Postcards are a veryFinally, the formula is solution. The solution is, "I'm a
powerful way of delivering your message and a veryreal estate investor offering secured local real estate
powerful way of getting responses back. It'sinvestments with 9 -12 or 15% return. If you're
important that you do it right.interested in this, please contact me for further
There's a small postcard that offers free information.information."
There's a large postcard that talks about a freeDo you see the formula there? Problem, agitate,
seminar. There's a large postcard that is about givingsolution. You'll see that all through all of my marketing
away free information about private lending.pieces. You are presenting a problem, tapping into the
The postcards have got to follow the same formatreader's emotions, and then providing a solution.
that we talked about last week. That was theSetting It Up
problem, agitate, and solution. You want to createLet's get back to the way we did it last night. You
the problem.create a very good headline that grabs their
Problemattention. You can use what's called a sub headline,
The problem is, "Are you getting 9-12% return onmeaning a smaller headline. Then you would go in and
your CDs, money market, or retirement fund?"agitate the problem. Describe some of the
That's the problem.ramifications of today's marketplace.
AgitateFinally, the solution is you. You provide the solution.
You could also agitate that a little bit with theInitially it may be for more information, coming to a
marketplace today. You could say, "Has your stockfree luncheon or breakfast seminar, however you
portfolio dropped in value over the last six months towant to do it. You want to invite people to come
a year?" That is what they call agitating the problem.and interact with you in some respect so you can
You're actually making it worse. By agitating, you arethen develop that relationship. That allows you to
potentially striking a nerve with the prospect that willcontinue the process down the pike. Ultimately they
prompt him to identify with a problem he may bebecome a private investor in your business.
facing. This will cause the prospect to give more