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 almost 4 years ago on . Most recent reply

User Stats

5
Posts
0
Votes
Jennifer Almarine Beu
  • Boulder, CO
0
Votes |
5
Posts

Assessing condition of property of direct mail respondents?

Jennifer Almarine Beu
  • Boulder, CO
Posted

Hello BPers! Newbie here-- I'm mapping out my planned direct mail process right now. I know the market I want to target, I know where to get lead lists, I have an idea of what I'd say in my letters/postcards.

My question is, when the recipient of a mailer calls and leaves a voicemail, how do I assess the condition of the property to give them an offer? Do I estimate it solely based on the exterior condition of the property (assuming the exterior condition is a good indicator of the interior condition)? Do I tell them I'd like to have a contractor stop by to quickly look over the property? I'm kind of at a loss on how to get from Point A to Point B.

Thank you for your help!

Most Popular Reply

User Stats

29
Posts
11
Votes
Ryan Kelley
  • Real Estate Agent
  • Boulder, CO
11
Votes |
29
Posts
Ryan Kelley
  • Real Estate Agent
  • Boulder, CO
Replied

I recently listened to a book foreclosures called Bidding to Buy. In the event of a foreclosure, it is not possible to get inside the house, thus potential buyers are forced to use clues from the outside of the house. The authors, David Osborn and Aaron Amuchastegui, suggested hiring a helper to investigate the prospects. Their reasoning was that if you had a trusted ally doing the precursory work, you can save your time for the overall management of the process. For the authors, analyzing LOTS of deals was the key to making a few deals. 

Loading replies...