The RDI Methodology combines the information and the data to give you:
1. Complete Lead Lists
2. Complete Current Property Details to then determine leads.
3. Data in DBF and ASCII Comma Delimited Format .
4. Current Harris County Single Family, Owner & Non-Owner Occupied properties fitting the typical INVESTMENT home??? contains over 65,000 candidates (RDI can also provide the same for the other four counties - Fort Bend, Brazoria, Montgomery and Galveston.
5. A DBF/ASCII Comma Delimited List of Subdivisions/Sections and their 10 Year Performance.
6. A Special Subdivision/Section Hot Zone List where Builders, Investors, etc. are "gobbling-up" houses for land value alone, and where these opportunities exist. It also includes areas where the Builders are buying Land Today for Subdivisions Tomorrow which are as yet unplatted.
WHERE DO YOU GO FROM HERE?
Since you have the Names, Addresses, etc, you are now equipped to begin Farming the Prospects .
1. Move the RDI CD-ROM Data (or e-mailed zip files) into a database on your computer (Database applications include such programs as FOXPRO, ACCESS, or EXCEL).
2. Execute selected queries by Keymap, ZIP code or Subdivision to obtain your initial candidates.
3. Create the all-important Mail Out Offer utilizing the following tips:
a.) Create a Hand Addressed Envelope to the owner
b.) Use a Word Processing program, such as Microsoft Word to compose a Friendly Letter, which States Your Offer Completely, Includes the Offer Price and Gives them 10 Days to Make a Decision. (If you have already spent money on sample letters, etc. use these as examples.)
c.) Give the owner the option to contact you, or offer to contact them yourself-if you make this offer, be certain to follow through .
d.)Include a CMA (Comparable Market Analysis) from RDI On-Line so the owner has current information to assist them in their decision. (Run the CMA by the Street Range, not by the Subdivision).
4. What about response rates? Experienced investors who use the Targeted Mail Out Approach mail between 5,000 to 25,000 letters annually, with each letter costing approximately $0.62 cents. These investors buy approximately 100 homes per year, having at least 10 in inventory at any one time. Scale your needs and desires to meet your pocketbook, or join together with other investors.
5. How can I compete with the larger investors using the Targeted RDI Data? You take less profit by offering a Higher Purchase Price than the $15,000-$20,000 discount price of the larger investors (perhaps $10,000 to $15,000.) Remember, Information Is The Key to Locating these Opportunities, not necessarily the discount offer to buy.
PRICING
A Single User License for the RDI Data, Subdivision and Hot Zones is $2,500. The leads are highly targeted and contain 60,000+ opportunities.
Annual updates are $1,200 . The RDI On-Line service is an additional $99 per month.
If you are serious about Real Estate Investing, Minimizing Your Time & Maximizing Your Profits, the RDI Real Estate Targeted Investors Data Sets are indispensable. Contact us today - it is your unique opportunity.
Focus your Marketing Dollars on Real Opportunities.
