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 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Starting Out
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

Updated over 9 years ago on . Most recent reply

User Stats

17
Posts
2
Votes
James Harris
  • Belleville, MI
2
Votes |
17
Posts

Direct Mail to absentee owners

James Harris
  • Belleville, MI
Posted

Hello everyone.  I have started my first marketing campaign and I've targeted absentee owners.  My response rate (about 15%) hasn't been too bad, but the quality of the leads have been a little discouraging.  Most calls are not even a possibility, a few were worth looking into but nothing came from it.  Is absentee owners a good way to go or should I target another criteria?  Or is it just a matter of patience and I just have to deal with several "no's" before I find that one "yes"?  Any insight would be greatly appreciated.  Thank you.

Most Popular Reply

User Stats

1,893
Posts
2,226
Votes
Dev Horn
#3 Marketing Your Property Contributor
  • Flipper/Rehabber
  • Arlington, TX
2,226
Votes |
1,893
Posts
Dev Horn
#3 Marketing Your Property Contributor
  • Flipper/Rehabber
  • Arlington, TX
Replied

Absentees are generally the best group to target, but it has a lot to do with the MESSAGE you are sending as well.  For example, you might do better with a professional postcard to absentees, rather than a "My wife and I want to $BUY$ you house" yellow letter.

Absentees are generally landlords and people who inherited houses.  Look at your messaging and ask if those groups would respond to the message.

Last thing I'll say is - you need to mail to absentees with EQUITY.  If they have no equity, they will not be able to sell their house to you at a discount.

  • Dev Horn
  • Loading replies...