Skip to content
×
PRO Members Get
Full Access
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime.
Level up your investing with Pro
Explore exclusive tools and resources to start, grow, or optimize your portfolio.
~$5,000+ potential annual savings on vetted partner products
10+ deal analysis calculators with ready-to-share reports
Lawyer-reviewed leases for every state ($99/package value)
Pro badge for priority visibility in the Forums

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Marketing Your Property
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 9 years ago on . Most recent reply

User Stats

3
Posts
6
Votes
Romane Tate
  • Middletown, NY
6
Votes |
3
Posts

Help Marketing Letter for Vacant Houses

Romane Tate
  • Middletown, NY
Posted

hello i a new wholesaler and i recently found a couple vacant houses in my area and i found the owner of the properties can any one send me a marketing letter that they send to owners

Most Popular Reply

User Stats

28
Posts
15
Votes
P.J. Hankins
  • Real Estate Investor
  • Muncie, IN
15
Votes |
28
Posts
P.J. Hankins
  • Real Estate Investor
  • Muncie, IN
Replied

I'm nervous to share this, for fear of being scolded :) and also remember i'm a *NOOB* , but this is a sample that I've actually had positive response to....

I'm not sure how risky it is to actually put a dollar amount offer in the letter, but in each case that I used this I've had a response and the owner understood that my offer was tentative and not solid. I'm actually going to look at a property this weekend that is a lead from this

While were at it, I'd be open to any critique from anyone on this. Is it problematic to send something like this to a potential seller?

***********************************

Home owner:

My name is P.J. Hankins. I am an individual who specializes in purchasing distressed and vacant homes and properties in Mucnie, IN.

A distressed or unwanted property can drain you financially! Even if you don’t owe the bank for it, it can still cost you tons of money in property taxes and maintenance costs. These costs can rob you of living expenses, especially if you are on a fixed income. If maintenance issues aren’t dealt with right away you can lose the home to weather, insects, rodents and other things. If taxes aren’t paid the house can actually be taken from you and given to the lowest bidder.

I am aware that you may owe back taxes on in Mucnie, and may need to sell your home so the bill can be paid and you can get rid of the burden of this house.

Today, I am prepared to offer you a tentative price of $X,XXX for . with a closing in 60 days.

Please keep in mind that this initial offer is a drive by offer, based only on the county tax records, a general estimate of the after repair value of the home and a very rough estimate of what it will take to renovate the home. As an investor I would need to gain access to the house to look at it, inspect it and to rule out any unseen issues that may need dealt with to come up with a more firm offer. In many cases the initial tentative offer can be negotiated higher if the property is in better shape than what can be seen from the outside.

Please don’t let the weather, rodents, or the county take your home. This is a serious offer, but you need to call me today!

CALL ME at XXX-XXX-XXXX

Sincerely,

Loading replies...