3 yellow letters...first wholesale deal!

North Little Rock, AR · Member since 2014 · 10 posts · 8 votes

I sent out three yellow letters a couple of weeks ago. I found the houses while "driving for dollars." I listed my google voice number on the letter so when I got the phone call "real estate" pops up on my phone. I just about flipped. I ended up getting the house under contract 5 days ago. I found my cash buyer last night. We meet today with a $2000 dollar non-refundable deposit and a contract. It definitely wasn't a homerun but it's a deal!

6 Reply

159 views

Most Popular Reply

PAUL ARNDT

Peoria, AZ · Member since 2014 · 26 posts · 6 votes

12y

Nice job!

1 Reply

See this reply in the discussion

36 Replies

Jump to latestLatest

Sort by

PAUL ARNDT
Peoria, AZ · Member since 2014 · 26 posts · 6 votes
12y
Nice job!
1 Reply
PAUL ARNDT
Peoria, AZ · Member since 2014 · 26 posts · 6 votes
12y
Would you be willing to share the verbiage you used in your letter?
1 Reply
Jeff Plair
Evans, GA · Member since 2014 · 124 posts · 21 votes
12y
Great job
0 Reply
PAUL ARNDT
Peoria, AZ · Member since 2014 · 26 posts · 6 votes
12y
I will be doing my first Drive for Dollars this weekend. I'm pretty excited about it. Time to stop thinking and start doing.
0 Reply
Guy Raveh
Wholesaler · Las Vegas, NV · Member since 2014 · 104 posts · 38 votes
12y
Great job!!! Congratulations!
0 Reply
Tim Leslie
Investor · Minneapolis, MN · Member since 2014 · 118 posts · 35 votes
12y
I would say that is a great return! @Ryan Melton
Nice work!
1 Reply
Susan Velasquez
Ontario · Member since 2013 · 28 posts · 6 votes
12y
congrats!!!
0 Reply
Lydia Ford
Realtor/Investor · Ft. Lauderdale, FL · Member since 2014 · 74 posts · 21 votes
12y
@Ryan Melton Awesome job!!! Did you print the yellow letters yourself? Were they handwritten or printed. Color ink? Details please!!!
0 Reply
Jeff Plair
Evans, GA · Member since 2014 · 124 posts · 21 votes
12y
Originally posted by @PAUL ARNDT:

I will be doing my first Drive for Dollars this weekend. I'm pretty excited about it. Time to stop thinking and start doing.
Thats right man, just get out and do it!!
1 Reply
Kris Haskins
Investor · hampton, VA · Member since 2009 · 428 posts · 249 votes
12y
way to go Ryan, tell a little about Arkansas...
0 Reply
Atchut Neelam
Real Estate Investor · Minneapolis , MN · Member since 2014 · 169 posts · 33 votes
12y
Great Job!
0 Reply
Jimmy Hong
Flipper · Irvine, CA · Member since 2013 · 349 posts · 45 votes
12y
That's a good start story, well deserved.
0 Reply
Bill T.Pro Member
Investor · Brewster, NY · Member since 2014 · 69 posts · 24 votes
12y
SUPER JOB, Ryan!
0 Reply
Matt C.
Investor · San Diego, CA · Member since 2014 · 101 posts · 23 votes
12y
nice work @Ryan Melton ! That's an excellent conversion rate!
0 Reply
D'Mark Poole
Real Estate Investor · Federal Way, WA · Member since 2014 · 52 posts · 5 votes
12y
Way to go Ryan!
Don't stop there, let's get another one!
0 Reply
Jay HinrichsBusiness Member
Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
12y
WOW in WA no less well done...!!!
Podcast Guest on Show #222
JLH Capital Partners51 Review
Website View Page
1 Reply
Chetan Tandon
Investor · Fort Lauderdale, FL · Member since 2013 · 250 posts · 7 votes
12y
Congratulations!!!
0 Reply
Chetan Tandon
Investor · Fort Lauderdale, FL · Member since 2013 · 250 posts · 7 votes
12y
How u all getting deals so easily and I've been doing wholesaling for 6 months and I haven't got 1 deal yet...
0 Reply
Cody Brownfield
Real Estate Investor · Middletown, OH · Member since 2014 · 30 posts · 14 votes
12y
@Chetan Tandon Please let us know the strategy you have been using for the last 6 months so maybe we can help you with your marketing strategy.
1 Reply
Ryan Melton
OP
North Little Rock, AR · Member since 2014 · 10 posts · 8 votes
12y
@PAUL ARNDT the letters I've sent are pretty simple.
Dear ***,
My name is Ryan Melton.
I live nearby and noticed your house at 123 Main. I'm interested in buying it. If you have any interest in selling give me a call at ..... We can pay cash and close really quick. Sincerely,
Ryan
@Chetan Tandon I realize that I was very fortunate to run across a deal that easily. How are you pursuing deals?
Thanks everyone for the comments. Getting one that quick probably means I have A LOT of work today to find another one.
0 Reply
John Thedford
Real Estate Broker · Naples, FL · Member since 2013 · 9k+ posts · 6k+ votes
12y
Excellent Ryan! Always good to hear success stories. One deal out of 3 yellow letters is phenomenal!
0 Reply
Lamar Cannon
Investor · Austin, TX · Member since 2012 · 205 posts · 112 votes
12y
Good Job! Keep it up!
0 Reply
Andrew SyriosPro Member
Moderator
Residential Real Estate Investor · Kansas City, MO · Member since 2014 · 10k+ posts · 5k+ votes
12y
Originally posted by @Ryan Melton:

I sent out three yellow letters a couple of weeks ago. I found the houses while "driving for dollars." I listed my google voice number on the letter so when I got the phone call "real estate" pops up on my phone. I just about flipped. I ended up getting the house under contract 5 days ago. I found my cash buyer last night. We meet today with a $2000 dollar non-refundable deposit and a contract. It definitely wasn't a homerun but it's a deal!
As long as you make money on the first one, it is a success! Good luck moving forward!
Podcast Guest on Show #121
0 Reply
Mark Brogan
Investor · Roanoke, VA · Member since 2012 · 1k+ posts · 374 votes
12y
great job Ryan
No go do it again
0 Reply
Quint Beniers
Ocala, FL · Member since 2014 · 21 posts · 1 vote
12y
Say i would do drive for dollars and send some yellow letters out and somebody calls. What to do then?
0 Reply

Join the conversationCreate a free account to reply, vote on answers and follow this thread.