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

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
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
Followed Discussions Followed Categories Followed People Followed Locations
All Forum Categories
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

All Forum Posts by: Eric Clifft

Eric Clifft has started 1 posts and replied 4 times.

Quote from @Michael S.:

@BJ Ralphs

I got the PM ban lifted off your account. You can now send messages.

Please make sure to not copy/paste your messages and you should be good. 


Same problem as above. I’ve been banned. Possible to help with this? 

Thanks for the insight, Ellis.  I do think I'd be more likely to respond to a piece sent directly to me at my home address vs. forwarded to me from another address and without my name.  I realize though that my intuition may not be of much use here.  Perhaps if people are motivated to sell a property and like my value proposition, I will be contacted either way?

Kevin, that really is the heart of the question.  If that does happen reliably in practice, option 2 would be the way to go for me.  I just don't have any sense for how it will work out in real life.

Hi All,

Well, I've put together a great CRM with Podio, hired a VA in India, outsourced my mailing, budgeted thousands for direct mail, and am all set to target inherited property in the Austin, Texas metropolitan area. Pretty exciting. I have a tough decision to make though regarding my data and marketing strategy and just don't have enough experience to make it intelligently. Thus, this post. Hope someone experienced in this type of prospecting can shed some light on the matter.

Option 1:
Travis County probate data is online in its entirety. I have trained a VA in India to research these cases and input data into my CRM, which automates workflow / followup. The process of research is cumbersome and time consuming; however, it results in address and phone numbers for living family members. Often the addresses of administrators is different from the property of the deceased.

Option 2:
I have recently come across another method of acquiring data that would encompass a larger number of properties: those in probate but also those where someone has passed with a living trust or in a situation where there is joint ownership of a property.  Unfortunately, only the property address of the deceased is available in this data set though, so I would not have phone numbers and effectively be sending mail to family members (without their name on the letter) at the address of the deceased.

My question: What can I expect, in terms of response rate to direct mail, from option 1 vs. option 2?  In other words, will there be higher rates of response mailing to someone at their home address vs. mailing to them (without their name) at the address of the deceased person?  If rates are similar, option 2 would allow me to increase the potential number of deals while decreasing complexity.  If rates are higher with option 1, perhaps it makes sense to stay in this niche even with the greater hassle of acquiring the contact information.

All thoughts greatly appreciated although this doesn't seem to be the sort of thing that can be reasoned out.  I really need to hear from those who have experience running direct mail campaigns for inherited property.  Thanks!