Rough tool prices only, not campaign totals. Prices change, check current pricing.
Cold email
Short, plain-text emails to property owners, sent from separate domains so your main email stays safe. It's how I find sellers today.
My system: build the list in DealMachine, verify every address in ZeroBounce and keep only the valid ones, then send in Instantly. For inboxes, I recommend Instantly's Done-For-You Gmail mailboxes, a few per domain, warmed up for 2 to 3 weeks before you send. Keep it to about 15 emails per inbox a day, one simple question per email, and stop when someone replies.
- Rough cost
- Instantly sending plans about $47 to $358 a month. Done-For-You Gmail mailboxes about $5 per inbox a month, plus about $15 per domain a year. ZeroBounce from about $39 per 2,000 checks. DealMachine from about $99 a month.
- Effort
- Medium. Most of the work is the setup (domains, inboxes, warmup), then reading replies every day.
Main rules: CAN-SPAM covers commercial email, with no carve-out for emails to consumers or businesses. Treat seller emails as covered: honest From line and subject, identify the message as an ad, include your physical mailing address and a working opt-out, and honor opt-outs within 10 business days. State wholesaling disclosures apply to email too.
Want the whole system done with you? Meet Carl and the B2C Cold Email Lab. For the list, read my DealMachine review.
Cold calling
Calling owners from a skip-traced list, by hand or with a power dialer. It's still one of the most common ways wholesalers find deals, and it's a skill you can learn with a good script and a lot of reps.
- Rough cost
- Dialers about $89 to $299 per user a month, plus your list and skip tracing.
- Effort
- High. Calling hours every day, plus follow-up and scrubbing.
Main rules: Under the TCPA and the FTC's Telemarketing Sales Rule: call only between 8 a.m. and 9 p.m. the owner's local time, scrub against the National Do Not Call Registry at least every 31 days, and keep your own do not call list. Autodialed or prerecorded calls need consent. Florida, Oklahoma and Maryland cut off at 8 p.m. and limit calls to 3 in 24 hours. Courts disagree on whether we-buy-houses calls are solicitations, so treat yours as covered.
Chris and Heather Logan teach wholesaling over the phone with cold calling as the main lead source. Read my Virtual Wholesaling Made Simple review. Free: my cold calling script and calling rules.
Texting
Texts to skip-traced cell numbers through a texting platform. It's still common, but carriers filter more texts than they used to, and the rules are tight.
- Rough cost
- Platforms about $199 to $499 a month, plus 2 to 3 cents a text. High-volume plans run about $497 to $2,297 a month.
- Effort
- Medium. Registration up front, then fast replies.
Main rules: Texts count as calls under the TCPA. Autodialed texts need consent, and marketing texts need written consent. Do Not Call and calling hours apply. Honor any reasonable opt-out quickly. Carriers require 10DLC registration (a carrier rule, not a law) for business texts from regular numbers, which takes weeks. Washington bans commercial texts that promote real property, Texas requires registration for texting solicitations without consent, and Florida has its own consent law.
Direct mail
Postcards, letters, yellow letters or handwritten notes mailed to a list, usually several times. Once it's set up, the printing and mailing are mostly done for you.
- Rough cost
- Retail postage about $0.65 a postcard and $0.82 a letter. DealMachine postcards, printed and mailed, about $0.70 to $0.89 each. Handwritten services about $0.73 to $0.93 each.
- Effort
- Low to medium. Design once, then repeat mailings.
Main rules: Some states require a notice on your mail. Georgia requires a capitalized THIS IS A SOLICITATION notice at the top and solicitation wording on the envelope, plus extra lines if you name a price. Indiana requires its own statement, and New York City has rules for unsolicited offers. Never make mail look like it's from a government office, court or lender.
DealMachine sends mail right from the app: my DealMachine review. And if you like mail, the Community Card Playbook ↗ postcard course is worth a look. It's a side business, not seller marketing: you sell local businesses ad spots on a shared postcard, and you still have to sell the spots.
Heads up: I earn a commission if you buy through my link. Costs you nothing extra, but it helps fund my Starbucks addiction. ☕
Ringless voicemail
A recorded message dropped straight into voicemail without the phone ringing. It's still sold a lot, but it's riskier than it looks.
- Rough cost
- About $125 a month for a few thousand drops, or about 1 to 5 cents a drop.
- Effort
- Low. Record once and upload a list.
Main rules: The FCC ruled that ringless voicemail to a cell phone is a call under the TCPA. Because it's a prerecorded message, it needs consent, and written consent for marketing. A skip-traced list doesn't have that. Some states add their own recorded-message rules.
AI calling and texting assistants
AI voice agents or AI texting that make calls, qualify leads or follow up. Using AI to answer your inbound calls is one thing. Using it to cold call a list is another.
- Rough cost
- Add-ons from about $89 a month, or about 8 cents a minute plus the call.
- Effort
- Low to medium to set up. The legal risk is high.
Main rules: Consent warning: the FCC ruled that AI-generated voices are artificial voices under the TCPA. Outbound AI calls need prior express consent, and prior express written consent for marketing, the same as a robocall. Skip-traced numbers don't come with that consent, so don't point an AI caller at a cold list. AI texting falls under the texting rules above.
Door knocking
Visiting owners in person, usually to follow up on a list or a driving-for-dollars house. Not many people do it, so a friendly face at the door stands out.
- Rough cost
- Low: mostly your time and gas.
- Effort
- High. One door at a time.
Main rules: Many cities require a solicitor or peddler permit and enforce no-soliciting signs. Philadelphia keeps a do-not-solicit list. Respect no trespassing signs, leave when asked and never go inside a vacant house.
Bandit signs
We buy houses signs on corners and poles. It's an older method. You still see them, but not many people use them anymore, mostly because cities pull them down and fine for them.
- Rough cost
- Signs and stakes are cheap. Fines in example cities run about $150 to $500 per sign.
- Effort
- Low to medium. Putting them out, and replacing the ones that get pulled.
Main rules: Many cities ban signs on poles and in the public right-of-way, including Houston, San Antonio and Jacksonville, and Texas restricts signs along state roads. Check your local sign ordinance before you put one up.