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Updated over 8 years ago on . Most recent reply

User Stats

37
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5
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Blake Norman
  • Rental Property Investor
  • Little Rock, AR
5
Votes |
37
Posts

Yellow Letter Trial and Error

Blake Norman
  • Rental Property Investor
  • Little Rock, AR
Posted

I put my first-ever yellow letter in the mail today to the owner of a property I found while driving around town (driving for dollars). I wrote down the address, went to the county clerk's website and found documents on file with the owner's address. Below is essentially what the handwritten letter said:

"Dear XYZ,

My wife and I are interested in buying your property at 100 Main Street, Little Rock. If you are interested at all in selling your property please call me at (xxx) xxx-xxxx.

Sincerely,

Blake Norman"

I'll update if I hear anything back from the owners. If I don't I may try leaving another handwritten letter at the property and see if that will elicit a response.

Most Popular Reply

User Stats

285
Posts
220
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David Stone
  • Rental Property Investor
  • Davenport, FL
220
Votes |
285
Posts
David Stone
  • Rental Property Investor
  • Davenport, FL
Replied

Good luck. I sent hundreds of yellow letters with about 5% response rate and unfortunately no deal (might have been part me not having a clue what I was doing at the time).

I just landed a deal sending one letter with a cash and owner financing offer (options for owner to consider) and I got a call back immediately. We just closed yesterday!

Keep up the work, stay persistent, and try different methods to find the most effective. It is a numbers game... you just have to find the right seller at the right time.

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