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Updated over 6 years ago,
Stop with the yellow letters
Sometimes I have trouble understanding the whole yellow letter strategy. I own a nice portfolio of " B-C " class SFR homes that we have rehabbed to rent long term. Today's mail contained 2 " postcards / yellow letters " and for the week I think i'm nearing 30 wanting to buy my homes. Today's best had the " how much longer till I hear from you " " thanks for keeping this private " " I've recorded a brief message" " I've done all I can to reach you" BS. I confess I have driven areas I invest in and mailed personal letters to owners of properties that obviously are not productive assets. But my gripe is with the " property you recently purchased " am I wrong to assume if I recently purchased it that I might want to keep it, you know, maybe the reason I " recently purchased it " is because it fit in my strategy. Do that many people change there mind in a couple months about an investment that they want to dump it ? I used to respond " what do you have to sell " but most of them have just marked up stuff I can find on my own......end of rant