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Updated over 5 years ago,
Searching for a Duplex / Direct Mail Help
Hi, everyone. My wife and I (and our 3 young boys!) are looking into house hacking a duplex. Not many small multifamily properties come across the market here in East, TN so I have decided to send out some direct mail to duplex owners in the areas I'm looking into. I have sent out some direct mail over the past 18 months (very inconsistently I might add) and purchased 2 homes from the yellow letters. We "wholetailed"one home and flipped the other after a small rehab (flipping is OK but I'm not 100% sure its for me yet) I do know that I really want some long term buy and hold properties for cash flow and Hopefully a little appreciation over the years.
Anyway.. How should I structure my direct mail? What should I say? Just something simple? My wife and I are interested in buying your duplex...??
I simply sent plain yellow letters when I was looking for flips that said "My name is Tyler. I am interested in buying your home @ 123 Main St." I really don't think this is the way I should do my letters to find a duplex. I don't want owners thinking that I am just a wholesaler or someone wanting their property for nothing. I want them to know that we are serious. I will be cherry picking through my list from list source looking for properties that I would really want to own and live in.
I am just looking for some advice and ideas. Thanks so much! Tyler