Received my 1st absentee letter today

7 Replies

I got a letter in the mail today, handwritten name and address from someone in MI. As soon as I opened it, I knew exactly what it was without even reading it.

I was in MI a while back and attended a MREI meeting in Troy, where Robyn Thompson was selling her programs. During the education part, she talked about her absentee letters and how she uses a horse water mark on the paper to produce results. Well the person who sent me the letter must have purchased her program, but decided to use a couple deer instead.

And since we received it, I can now see how some people get freaked out. My wife was asking me questions like, 'how do they know we don't live there?' , 'how do they know our address in NC?', 'we aren't selling the house, are we?'

I'm considering calling him and letting him know to add me to his buyers list.

Originally posted by @Bryan H. :

And since we received it, I can now see how some people get freaked out. My wife was asking me questions like, 'how do they know we don't live there?' , 'how do they know our address in NC?', 'we aren't selling the house, are we?'

Ha! I never minded getting the landlord letters. The probate letter with the sappy, sepia tone little girl on the swing kind of got my goat, though...

Interesting @Bryan H. Do you mind sharing the letter either here on BP or via a private message or email? Would love to take a look at it, if possible.

Sven

Originally posted by @Sven Simon :
Interesting @Bryan H. Do you mind sharing the letter either here on BP or via a private message or email? Would love to take a look at it, if possible.

Sven

I bought a house in November. Last week, I got a letter from the same wholesaler I bought it from (same house) asking if I wanted to sell it :)

@Bryan H. That's great. Thanks for sharing.

I'm wondering what your thoughts are on the direct tone of the letter and coming straight out of the gate saying that I want to buy your property. As an active investor yourself, this obviously doesn't bother you. And most (if not all) other active investors wouldn't care either. In fact, they'd probably appreciate it.

However, I'm wondering if the average absentee owner receiving this letter has that type of mindset or would be slightly 'turned off' by it. I guess, I'm not sure whether the average absentee owner is an active investor or simply someone who owns one rental property for whatever reason.

Curious about your (and/or anybody else's) thoughts.

I think the direct approach is acceptable. If you write saying, "I would like to sell your house for you", that would have an intrusive tone for me.

But, offering to buy someone's stuff yourself can actually have a positive effect. People like being noticed and will often take it as a kind of compliment.

I might change a few words in the letter, make it a little warmer. "I always make cash offers.." makes it sound like you go around doing this sort of thing all the time. That might make me hesitate.

I would be more include to simply say, "I am happy to pay cash...."

I would also want to be consistent in the use of first person: "I was working in the neighbourhood...", "We can buy your property".... etc.

The "we" statement causes me to hesitate... Who's, "we"?

I think the strategy is great.

It just so happened that we got a yellow postcard recently about one of our rentals and how they were interested in buying it. They did not use the address, but the tax id number, so I had to look it up to find out which property they were talking about. Interestingly enough it happened to the be the unit that got hit by a truck 2 weeks ago and the county condemned due to structural damage. We've been cashed by the insurance company and the guy behind the property is interested in it. If that falls through, we call the people from the post card.

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