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Updated over 7 years ago on . Most recent reply

User Stats

130
Posts
72
Votes
Tae C.
  • Flipper/Rehabber
  • Knoxville, TN
72
Votes |
130
Posts

Rookie Q: Why target higher equity owners?

Tae C.
  • Flipper/Rehabber
  • Knoxville, TN
Posted

Hey everyone,

As one that has just begun to drive for dollars, I am a total rookie when it comes to direct marketing. Having said that, I keep on seeing a fairly common theme of making sure it's people with higher equity and those have owned it for a longer period of time. The latter point would seem to directly correlate with the former point, and I also get that typically if someone has only held the property for a year or two, more than likely that's not going to be a great motivated-seller pool in the big picture. 

However, I'm still trying to understand how the higher equity piece specifically plays such a significant role in the overall success of this approach. Can anyone give me a tangible example of the actual math behind why the higher equity owners are targeted?

Thanks so much!

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