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Updated almost 9 years ago on . Most recent reply

User Stats

10
Posts
2
Votes
Kelsey Allen
  • Real Estate Investor
  • Atlanta, GA
2
Votes |
10
Posts

REGARDING YELLOW LETTERS & ABSENTEE OWNERS......

Kelsey Allen
  • Real Estate Investor
  • Atlanta, GA
Posted

HELLO BP FAMILY! QUIK QUESTION HERE......

I'VE RECENTLY BEGAN MY REAL ESTATE JOURNEY AND THE TACTIC IM USING RIGHT NOW IS DIRECT MAIL. SO I'VE SENT OUT A FEW YELLOW LETTERS BUT OCCASIONALLY WHEN IM ON MY STATE TAX SITE FINDING THE ABSENTEE OWNER'S MAILING ADDRESS I WILL SEE THAT THE VACANT HOME IS OWNED BY A COMPANY (EX. 1ST REALTY LLC) OR IT WILL BE BANK OWNED....

WHEN THIS HAPPENS DO YOU STILL MAIL THE YELLOW LETTER TO THE ADDRESS/ BUSINESS LISTED OR SHOULD I FOCUS ONLY ON THE ONES THAT SEEM TO BE "REAL PEOPLE/ ACTUAL OWNERS"??

PLEASE HELP!!!!!

THANKS

-KELSEY

Most Popular Reply

User Stats

216
Posts
117
Votes
Nuhan Demirkan
  • Rental Property Investor
  • La Plata, MD
117
Votes |
216
Posts
Nuhan Demirkan
  • Rental Property Investor
  • La Plata, MD
Replied

Kelsey, I would send it to LLC's. Most of those are investors who have LLC's for asset protection. Depending on when they purchased the property they could be disappointed wanna be landlords. I would skip the bank owned (REO's).

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