Updated almost 11 years ago on . Most recent reply
Is 200 yellow letters worth the effort
This is my first run of yellow letters, from my networking I've seen that one main area is where investors are looking for. Looking at 3/2 houses with 1-50% LTV to out of state and in state absentee owners, yields about 200 letters. Should i expand my search to a larger area and go under the premise that a deal is a deal and there are always going to be people who will buy it if the numbers work? Or just focus on the "hot" area, even though I would think since it is hot, then the occupants would already be plastered with yellow letters, but I may get "lucky" with the numbers game.
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This is my first post ever but I enjoyed this topic, and simply goggled a real estate feasibility study of what things need to be researched.
My market is very rural and I have no interest in getting into a "hot" market. My plan for 2015 is to drive for dollars in my two local counties, direct mail market to them, and hopefully expand into other leads if this source dries up(probate, delinquent tax, absentee owner from -list source etc.) I want to master source, and then eventually spread into other sources.
Th link to the first feasibility source on google is...
http://bschool.pepperdine.edu/studentblog/index.ph...
Other links
How to guide pdf http://bschool.pepperdine.edu/studentblog/index.ph...
10 mistakes to avoid http://naiyerjawaid.com/real-estate-feasibility-st...
or you can youtube videos, but get more specific....the links above do a general re feasibility study...