First response on letters!

[Elliot Smith]

I am so excited I sent out my first batch of letters on Monday to multi family homes. I only sent out 28 I ran out of envelopes. And I got a response! The man wants to sell two properties! And he has owned them since the 70s! Oh and they are free and clear! I'm so excited. Going to meet with him on Sunday. 

He wants to be done he is 75 and ready to stop working. 

[Todd Witt]

@Elliot Smith 

I am new and just had my first meeting like this about 2 weeks ago. We were not able to work out a deal (he was not very motivated, more of a tire kicker) but we were open about the fact that we are just starting to get into the rental business and that led to a great conversation with the man we were meeting, with a lot of great advice about land lording.

I'm a firm believer in being open, honest, and willing to listen and good things will happen. If the gentlemen you are meeting has owned the properties since the 70's, then you really have nothing to lose. If you work out a deal great! If not, then buy him some coffee and take advantage of the opportunity to sit and listen to someone with more experience. Either way the meeting is worthwhile in my opinion.