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Updated over 6 years ago on . Most recent reply

User Stats

188
Posts
53
Votes
Tim Porsche
  • Investor
  • Denver, PA
53
Votes |
188
Posts

My First Direct Mail Letter - Any Good?

Tim Porsche
  • Investor
  • Denver, PA
Posted

Hi All,

I'm looking to venture out into the wonderful world of direct mail to try and find motivated sellers shortly. I've never done direct mail before and am looking for my first flip project...I have three rentals but all were bought off the MLS with a realtor. For those of you with experience doing direct mail, any helpful tips or critiques you could give me on my letter below would be GREATLY appreciated :). I'm planning on sending 700 of these out to a list of absentee owners with 40% + equity who have owned the houses at least 10 years. For the second mailing I was planning to send a similar letter, but with yellow paper and red ink. I will photocopy these and just fill in the names and addresses manually. Thanks in advance for any tips or advice.

Most Popular Reply

User Stats

3,440
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3,644
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Michael Quarles#1 Marketing Your Property Contributor
  • Flipper/Rehabber
  • Bakersfield, CA
3,644
Votes |
3,440
Posts
Michael Quarles#1 Marketing Your Property Contributor
  • Flipper/Rehabber
  • Bakersfield, CA
Replied

Good to meet you.

I would remove the bullet points.

other then that yellow paper and red ink.

The 10 years and 40% should be 30%+ and 5 years plus. Send all out of state AOs first then send 50% owner ocs and 50% absentee. Make sure theyre SRF and under median.

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