Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Marketing Your Property
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 9 years ago, 01/06/2016

User Stats

491
Posts
113
Votes
Benjamin Blackburn
  • Wholesaler/ Investor
  • Houston, TX
113
Votes |
491
Posts

What should I do with returned mail pieces?

Benjamin Blackburn
  • Wholesaler/ Investor
  • Houston, TX
Posted
Hello everyone, I got my first pieces of returned mail today in my PO box and I'm wondering what I should go with those specific addresses on my spreadsheet. Do I just cross them out and be done with them? Or is there something that people usually do with them? Thank you very much.

User Stats

144
Posts
73
Votes
Troy Gravett
  • Investor
  • Torrance, CA
73
Votes |
144
Posts
Troy Gravett
  • Investor
  • Torrance, CA
Replied
Originally posted by @Benjamin Blackburn:

Hello everyone,

I got my first pieces of returned mail today in my PO box and I'm wondering what I should go with those specific addresses on my spreadsheet. Do I just cross them out and be done with them? Or is there something that people usually do with them?

Thank you very much.

Those are GOLD. Think of it this way: every other investor who has sent them a letter has also gotten a bounceback, which means they have never been touched!

Be the one who does the extra legwork and finds where they live. Go the extrta mile to find these folks, it'll pay off.

User Stats

60
Posts
16
Votes
Leland Titus
Pro Member
  • Flipper
  • Santa Fe, NM
16
Votes |
60
Posts
Leland Titus
Pro Member
  • Flipper
  • Santa Fe, NM
Replied

@Benjamin BlackburnYou now know the address is bad. Take them off your mailing list. Try googling them see if they come up on facebook linkedin or any other social media. If this doesnt work and your sure its a deal worth pursuing you could pay a skip tracer. 

  • Leland Titus
  • CV3 Financial logo
    CV3 Financial
    |
    Sponsored
    Fix & Flip | DSCR | Construction Loans Up to 90% LTV - Up to 80% Cash Out - No Income Verification - No Seasoning Requirements

    User Stats

    152
    Posts
    50
    Votes
    Stephen Nicholson
    • Investor
    • Lafayette, LA
    50
    Votes |
    152
    Posts
    Stephen Nicholson
    • Investor
    • Lafayette, LA
    Replied

    I agree with @Troy Gravett. This is an opportunity to find a deal where you are not competing with other investors. We all know that most people we mail to are also receiving mail from other investors, so to find one that has not been exposed to REI marketing is extremely valuable.

    User Stats

    205
    Posts
    161
    Votes
    Tim Herndon
    • Investor
    • Jacksonville, FL
    161
    Votes |
    205
    Posts
    Tim Herndon
    • Investor
    • Jacksonville, FL
    Replied

    @Benjamin Blackburn Skip trace

    User Stats

    491
    Posts
    113
    Votes
    Benjamin Blackburn
    • Wholesaler/ Investor
    • Houston, TX
    113
    Votes |
    491
    Posts
    Benjamin Blackburn
    • Wholesaler/ Investor
    • Houston, TX
    Replied

    Thank you @Troy Gravett @Leland Titus @Stephen Nicholson@Tim Herndon

    I see now how valuable the return pieces of mail are.  I will start hunting them down this evening.  Thank you again!