In-state vs out-of-state marketing

[Andrey Y.]

Which of these leads would you market to?

a. high equity absentee owners out of state - 194 hits  OR

b. high equity absentee owners in state and out of state - 1011 hits

I will likely wholesale the potential deals but I'm also looking for rentals in the area for myself. Before you tell me the 194 is not enough, this area I'm marketing to happens to have decent cash flow and appreciation potential, so I don't really know that in-state landlords in their right minds would be looking to unload at a discount, especially in an appreciating market.

Budget is not an issue, but I would prefer quality leads over quantity, mostly because I work at a hospital where I wouldnt be able to answer the phone during those hours. So I would let it go to my voicemail and call back. I would prefer to send every 4-6 weeks, nice quality letters. Thanks guys for your valued input!

[Chaz Reid]

From my personal experiences, the only difference is the mailing time. You can find a motivated seller two houses down from you, in the gas station, or across the states. We don't know what they are going through currently and its not our jobs to try to figure that out. But it is our job to try to reach out to them, regardless of where they rest their little bean heads...

Good luck on your endevour @Andrey Y.