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Updated over 10 years ago,
Asentee List Criteria
Hey BP,
I am looking to branch out my marketing to target absentee owners both in and out of state. I wish to target the entire county of Sacramento and not just specific area codes. My question is, what are some specific criteria that is a must to filter out from your lists. I feel like everybody and their mothers have probably already bombarded absentee owners with letters. I thought I will give it a try anyhow.
So far my criteria that I have used to narrow down, is this:
-County of Sacramento
-SFR
-3-5 Bed
-2-5 Bath
-Original Mortgage Type: FHA & Conventional
-70-100% Equity
-100k-400k Assessed Value
-Absentee In State and Out Of State, No preference Trustee owned
-Excluding Corporations
I am generating my list from listsource. A few questions: Does this criteria look good? Is there anything I may be missing or that I should include. I will be doing typed white letters with a handwritten signature. Also, are their specific types of mortgages I should target, such as FHA over conventional? Or does this not matter. Trying to get my criteria to find owners that would be the most motivated to sell. My budget is not too high at this moment. With this criteria I have listed, I have about 750 leads. I will be mailing to these same leads once a month, so you can understand why I want a quality list.
My goal with these properties will be to either flip them myself or wholesale them to local investors. Thanks in advance!