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Updated over 13 years ago on . Most recent reply

User Stats

42
Posts
9
Votes
Omarwali Jones
  • Real Estate Investor
  • Jamaica Queens, NY
9
Votes |
42
Posts

What is the best kind of absentee owner?

Omarwali Jones
  • Real Estate Investor
  • Jamaica Queens, NY
Posted

Speaking for yourselves those who have marketed successfully to absentee owners. What are the best types in your opinion? Heirs, people in debt, etc (these people are all out of towners in this example)....Obviously other investors and landlords are at the bottom of that list. Unless their in trouble, dumping, or looking to get out.

I'm working on putting together a yellow letter campaign now were we target about 1000 absentee owners split between 4 types 1 fams free and clear, 1 fams who owe at least 100k, 2 fams free clear and 2 fams who owe at least 200k and I'm wondering if I should get even more specific. Say for example heirs only. As they'll probably be highly motivated assuming in-fighting is taking place.

Most Popular Reply

User Stats

407
Posts
90
Votes
David Wedemire
  • Real Estate Investor
  • Bellingham, WA
90
Votes |
407
Posts
David Wedemire
  • Real Estate Investor
  • Bellingham, WA
Replied

Someone looking to get out and will consider alternate forms of financing such a seller financing

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