Wholesaling
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 10 years ago on . Most recent reply

Yellow Letters
I'm looking to use the yellow letter strategy, but don't fully understand the process.
How do I go about using yellow letters?
Most Popular Reply

@Carl McKenzie welcome to BiggerPockets and REI! Below are the basic elements we always encourage our clients to start with.
1. Determine who you will market to. FSBO? Tired landlords? Pre-foreclosure? Etc...
2. Offer: How can you help them solve a problem? This ties into the copy you use in your mailers
3. Frequency: How often will you contact them? Building awareness takes time. This means more than once. Ideally 3 mailers per list is a minimum.
4. Budget: What are you able to spend?
Good luck! Let me know if you have any additional questions.