Building An Absentee List

[Anthony Graniero]

I am sure this is nothing new here at BP, but thought I would post up to get any feedback on my thoughts.

I was locating owner names on my local tax appraiser website after I had just come back from "driving for dollars" in my wholesale jouney. I realized that not all the owners had the same address as the property. I then realized that I could just type in the street name and every home on that street would come up. Now I understand that this would be very time consuming, but for someone just starting out and not wanting to spend a lot of money on lists, this might be a great way to locate absentee owners. You would have to go through and record every home that had an owner address not listed as the same address as the property, but if you have the ability to be more educated on who you are sending your 'yellow letters' to thus increasing your return, sounds like a no brainer to me!!

I also noticed that some of these names had 'business' names on them as well, with an LLC at the end, some with 'investor' in the title of their business. I am making the assumption that these are investors and might be a good idea to send them a letter asking them if they would like to be on my buyers list (in so many words, ie an intro, 'your area wholesaler', business card, contact info, etc...)

Again, this sounds very time consuming, however I keep reading these lists are the most sought after ones in the wholesaling industry so why not take the time while starting out to build the list your self and save some money while building your leads (both buyer and seller).

I welcome any feedback, good or bad, on this process. And if this is a good process, I hope that I am able to help someone else learn something!!

Hope this finds everyone well!!

[Michael Quarles]

Anthony Graniero

Here is a four letters series.

L1

Hi Sellers First Name,

Hello. I noticed you have a rental at Property Address and was wondering; is it time to sell? I am an investor, just like you, and am constantly looking for more property to purchase.

I find that many times people with rentals either want to do one of two things…

• Sell their properties or
• Want to purchase more units.

If either one of these apply to you please call me so I can introduce myself.

One last thing, I buy property vacant, occupied, even ugly and in need of repairs… And I have the funds to act fast…

Save yourself further headaches that go along with rental homes with a simple phone call to me. Call me right now and I’ll show you how easy it will be to get money in hand within just a few days – Telephone Number.
I Sincerely Hope to Hear From You,
God Bless,

Real estate Professional Name
Telephone Number

L2

Hi Sellers First Name,

Hello. Its been a few weeks since I said hello and I wanted to say it again as well as send you my business card..

If you run across a deal that you don’t want or need, please give me a call, I pay a good finders fee…

Right now I am looking for [3] bedroom units on the [south] side of town…

I also have a [3] bedroom [2] bath home that I just picked up at Property Address of a House For Sale and I am offering it at [000,000.00].

It’s going to make an outstanding rental property.

Thank you again.

Sincerely,
God Bless,

Real estate Professional Name
Telephone Number

L3

Hi Sellers First Name,

Hello. I know what you’re thinking, “This guy is a pest.”. I am not really, it’s just I have found that people may forget who they spoke with or who wrote them in the past and I don’t want that to happen to you..

If you have a rental that you’re thinking about selling please give me a call. Even if you are contemplating additional units, call me and I will fax you the list of properties I currently have available.

One last thing… From time to time I find a project that is outside of my financial reach. Would you like me to call and give you the details?

Maybe we can work a deal together or I can pass it on to you all together.

I just need your telephone number.

Thank you again.

Sincerely,
God Bless,

Real estate Professional Name
Telephone Number

L4
Hello. Just staying in contact with you…

My plans are to mail you this same letter every so often just to keep me fresh in your mind…

As a reminder, if you have a rental that you’re thinking about selling please give me a call. Even if you are contemplating additional units, call me and I will fax you the list of properties I currently have available.

Thank you again.

Sincerely,
God Bless,

Real estate Professional Name
Telephone Number
PS: I am looking forward to hearing from you.