First off market lead on first mailer

[Pepper Bradford]

I'm looking for duplexes on the MS Gulf Coast, so I used the county tax GIS site to identify every duplex in an area I liked & sent out my first 10 letters on Monday. Personal first class mail with a photo of me & my wife. Got a call today from one of them, and spent a nice half hour getting to know the owner. Sadly the duplexes are paid off (he inherited them a year ago when his mom passed), so no Sub To option. But he didn't say no to seller financing, mainly because he knew nothing about it. He said he was going to ask his brother in law, who is a banker...I can't imagine he'll get a good opinion about it from a banker!

He doesn't know what he wants to do, but said he's going to give it 6 months. Told me to come by next time I'm in town, and said he was going to keep my letter (said he'd had lots of offers, but sounds like they didn't make a good impression). Then we talked football and seafood for 20 minutes. No deal, but a good opening...he has several duplexes, as well as several empty water front lots. 

This would be my first real investment (not counting renting out our old house), and it's my first attempt at off market deals. Enjoying the experience so far. 

[Justin Moy]

Stay in touch I'd say monthly. If you learned anything about them during your call personally see if you can mail him a small gift ASAP to really go above and beyond