My Yellow Letter.. Please help me exam my letter

[Frank L.]

Hello fellow Biggerpockets members,

I am a new RE Investor and I have been sending out yellow letter to absentee owners with barely any calls and for the few that does.. It has been duds. I know its a number game but because I have never got any deals yet. I was wondering if what I have said in the letter is what people are staying away from calling me. Any advice would be helpful.

I have been using 'Josh Handwriting' as my font.

Here is my letter:

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Dear Homeowner,

My name is blah. I'm interested in buying a property for myself real soon and I came across your property on:

<Property Address>

I can offer a fair ALL CASH for your property. I am even willing to pay all of the closing costs to complete the transaction. This means that you would not have to pay any fees whatsoever so you can get your cash in days! The best part is that you won't have to fix a thing! I will buy your property in 'As Is' condition. I will make selling your property as hassle free as possible. I will handle all the paperwork.

So if you are considering selling your property, please get a hold of me ASAP. Unfortunately, I can only buy one property at this time. So if you are interested and want your property to be considered in a quick sale at top price with no hassle, please call me.

Thanks for your time!

my name

my numbers

ps. In economics times like this, it's tough for many people finacially. By selling now, it would lift much unnecessary stress by paying off bills or just simply have extra cash for those rainy days. Again, by calling I can purchase your property ALL CASH so you can have cash in your bank in days!

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>In the p.s, section, I sum it up by making the homeowner realize all the things that they can use the cash with after selling...

>> Pls also tell me what font(s) I should use in my letters. Maybe it's part of the reason.. maybe it doesn't look personal. Should I make my letter have multiple fonts. If so, what fonts should I use..

>>> The reason why I decided not to use a simple.. "My name is blah and I want to $Buy$ your house at <property address>. Please call me at ....." To me, its to vague and it really doesn't sort out potential quality leads. To me, If I use it.. it's going to give me more of curious leads not quality..

>>>If any of members can help me by making any part better, pls do, so I can change it accordingly. Or if you guys can help me by letter use a proven yellow letter template that they use.. It would be very helpful!!

Thanks in Advance!

ps. If you guys asked about why I'm not outsourcing this.. it's because I'm low on funds so that's why I can't. Plus I don't mind doing the grunt work in the beginning of my business..

[Jimmy T]

I would actually go with a more simplistic approach. I find that it is generates a better response rate as it generates curiosity.

Your letter is a bit lengthy so I would recommend toning it down a bit. Go with something more simple.

Mines basically just says:

Mr/Mrs Seller,

My name is John Smith and my partner Amanda. And I would like to

$BUY$

Your property on:

123 Main st

San Francisco, Ca 94107

Please give me a call at:

415-888-8888

Please call!!

Thanks,

John

I generate somewhere on the neighborhood of 2-3% response rate on my letters. After testing several different types, I find this one to be the most responsive.

You will get duds. Those are a given, but as you know it's all a numbers game. The key is to get them calling.

Hope this helps!

Jimmy