All Forum Posts by: Account Closed

Hey quick question I have my list of 300 people to start mailing too this weekend. They are absentee owners out of state, with at least 50% equity. I am going to Hand write these letters but my question is for the return address. Do i use my home address? or should I use my POBOX I use for my rental checks? First time doing direct mail. My letter will be short like 3 sentences, Dear (Name), I buy houses in your area and I am interested in yours at (address). If you have any interested in selling your house you can call me back at (Number)

Thanks John

Should that be it? Or should I go towards I can pay cash type letter even if I can't I would want to wholesale it, but would like more time then 7 days to find my buyer.. maybe like 30 days or so. thanks

Ok awesome thanks celine I appreciate it!

ok thanks ms. synder! I will do that as I know to be successful with direct mail it involves the right list with the right message, and consistency. thanks!

Ok thanks zane!

I am guessing your letter has said something like I am sorry for your loss, I can help you with your problem, I am an investor and have interest in your house to put some cash in your hands??

Also you use the computer handwritten font? i have heard you get better responses just writing them because people can tell? thanks

yes, i constantly search on here for some information, I am just confused because my local REIA group says NOT to tell them you are an investor. They say they have the most success by saying you want to MOVE to that neighborhood. I found this hard because if I plan to wholesale they will know and it will defeat the purpose. I am looking for a good starting approach to direct mail to do this week. You think probates would be a good idea?

Hey does anyone have experience with getting an estimate on rehab costs through home depot. They offer free estimates on a bunch of categories. Seems like a good way to determine how much rehab a house needs before you buy it? any input?

What do you write in your letters? Do you keep
Them
Short and say I am
An investor and interested in buying your house? Or do you say me and my family are interested in buying your house we like the neighborhood etc etc. I will start by absentee owners I think thanks for
Any advice!!

Also, I went to a Robyn Thompson meeting and she said when she does direct mail she makes it look like she wants to live there? If I was to wholesale wouldn't my approach be different and I can't say My wife and I ...want to live in that neighborhood right? I already know I will use yellow letter and handwritten envelopes but what do I put in my letter for absentee owners? Also how do you use the computer to print the letters so I don't have to handwrite theM/

Ok new to wholesaling and from my understanding you should take one approach and stick to it. I am thinkning that the best approach for me to start wholesaling would be direct mail. I feel like I will have the free time once i graduate college in May and only work 25 hours a week as a server and then take the time to establish a wholesaling business. I have one multi unit right now and am learning land-lording. My idea is to master direct mail. I believe it is a numbers game and the reason many people fail is they give up after the approach doesn't work the first few times. I plan to master a good letter to absentee landlords, and try to put some houses in contract. This is a numbers gain and I realize I have to play the percentages to get the right deals. Any advice? thanks

Hey, quick question regarding tenant request? how do you guys go about handling them?

here were the requests,

tenant upstairs wants windows Insulated more because he has plastic over them now and it is always cold.

He wants me to put a fence up in backyard because there are always kids running through the yard,

He wanted a new door for one of his bedrooms because he claims it was missing

I closed on this house thursday and this is my first experience landlording so I am not to sure how to go about this. he has been there for 7 years and seems to pay rent on time and keeps house clean. He does smoke though.

thanks