My business cards came yesterday and overall I’m fairly happy with them. Actually having them in my hand apparently turned on the “smart switch” in my head and I realized a few things I should have done differently. Instead of putting “Company Manager” I should have put “Wholesaler”. Also I should have been consistent with the word “Home” and “House”, use one or the other not both. The quality of the cards are ok, nothing spectacular but should do the trick for now.
Reading the book “Ultimate Marketing Plan” spurred me to do a little research on my local Demographics. I used this site
and i found out that the median age for Hanover and Morris Plains is 40, while for Morristown it is 36. Which makes sense if you know the two areas. Also I found that roughly only 1% of the houses in Hanover and Morris Plains are rentals, while in Morristown it is about 60%. One problem about rentals in Morristown is that they are all Rent Controlled. Not sure if that is a huge hindrance for an investor, but I will find out. If anyone has any input/experience with rent control please let me know.
Local Investor Hunt
I’m trying to locate other Investors who invest in Hanover, Morris Plains, Morristown and any of the surrounding areas. I want to get an idea of how they are doing it. I’ve posted a message on the forums I frequent and have found some helpful people who invest in Sussex, Essex, Union and Summerset counties. I thank these people for extending their help and support and I will be using there expertise in the future.
Outside of that one Builder i met on my open house tour, I haven’t had any luck. So i’m going to post an add on craigslist to see if I can lore some of these people out. Wish me luck.
Till next time…
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