Direct mail/buyer letters

[Brian Klingbail]

Hello,

I invest in a market that has become very stingy in the deal department. Over the last several months, the deals seem to have dried up all together. I've spent some time driving for dollars and have identified a few properties I would like to reach out to the owners. I'm hoping someone might have some good insight to help me generate an effective letter to give me a good chance of generating a response? This is not an avenue I've pursued so I would genuinely appreciate any tips that have helped others generate leads and/or open up lines of communication with potential sellers. Thanks in advance for any assistance with this!

[Troy W.]

@Brian Klingbail I'm lol because I'm not sure the previous comment was any help to your ?.

Well, let me try to add some value, as I'm getting a 15% response rate from my drive for dollars mailers. 

My drive for dollars letter may start like this.... 

Dear Seller,

My name is Troy, and I noticed your home the other day at 123 Motivated Seller,  Hyattsville, MD and while it appears to be boarded and in need of repairs, I am interested in buying it, if you are thinking about and wanting to sell it as-is.

For or example: I may notice a blue tarp on the roof, so its mentioned in my letter.

I also may scan a picture on my letter if its a real gem, meaning of course distressed!

From there I tell what I noticed about the property, so it shows the sellers that actually saw the property instead of someone that said they saw it, but really didn't.

Note: I still ask callers that call me, what was it that made them decide to contact me, because you better believe... I'm not the only one sending a letter etc.

The # 1 response is my letter appeared genuine...