Mail out letter for targeting off market sellers

Mail out letter for targeting off market sellers

Rental Property Investor · kelowna, bc · Member since 2016 · 48 posts · 22 votes

Hey everyone

We are in a very active market, waiting for a deal on MLS just doesn't happen often these days and have started the shift to direct mail-out campaigns to attract sellers before they are calling a realtor up - or heading into foreclosure etc.

The target audiences are:

-tired landlords who want out

-owners who need to sell quick (moving etc)

-owners who have money problems

-owners who are willing to do a lease-option

To date we have done the yellow letter - a “hand-written” note basically saying that we were in the area, interested in their home and not a realtor, with a basic call to action of call a phone number.

From more experienced investors out there - what have you used and had success with? Looking to build up the toolbox of different mailers.

Also any recommendation on the times of year that are best in your experience?

0Reply
16 views

1 Reply

Jump to latestLatest
  • Rental Property Investor · Los Angeles · Member since 2019 · 146 posts · 101 votes
    5y

    I would say if you already own property in the area sending within a mile or two radius to those owners is great.   You can let them know what you own in the area. Also make sure to hand write the address on the envelope so they more likely to open it.

    Just know that the response will be very low. We have bought some the best deals that way.   So its a numbers game.   You will probably need to send in the thousands to really get traction.

Join the conversationCreate a free account to reply, vote on answers and follow this thread.