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Updated almost 3 years ago on . Most recent reply

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23
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Caito Coloma
  • Miami, FL
5
Votes |
23
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Getting apartment deals through direct mailing!

Caito Coloma
  • Miami, FL
Posted

Hello,

So I just sent out my first bundle of direct mail letters to pre foreclosure apartments in Miami. I generated a list of owners with anywhere from 20-70k in equity. How much should I offer when discussing the purchase price. Should I go with the 70% rule. I am not planning on fixing up, my idea is to just purchase and immediately list on mls with a realtor. Basically skipping the middleman (not wholesale) and listing straight on market. Constructive criticism is welcome. Thank you !

Most Popular Reply

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4,752
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Jerryll Noorden
#2 Marketing Your Property Contributor
  • Flipper/Rehabber
  • Wilton, CT
4,037
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4,752
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Jerryll Noorden
#2 Marketing Your Property Contributor
  • Flipper/Rehabber
  • Wilton, CT
Replied
Quote from @Nick Coons:

@Jerryll Noorden OP says he's mailing to owners in preforeclosure, not just "people". Seems to me they'd be fairly motivated, but interested in your thoughts on why they wouldn't be.


Hey, read this:

https://www.biggerpockets.com/...

  • Jerryll Noorden
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SEO For Real Estate Investors
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