How to approach motivated sellers that are NOT in foreclosure?

[Jenny Orazi]

Hi everyone! I live in Los Angeles, and driving around my neighborhood, I've seen a lot of houses that might belong to motivated sellers. I'd like to know how would you approach those sellers, what would you say in a letter? I appreciate anyone's help! thanks!

[Joshua McGinnis]

@Jenny Orazi

Have you thought about knocking on the door and introducing yourself? Let them know that you are an all-cash buyer looking to buy a home in the neighborhood.

You can try asking them if they know anyone who might be interested in selling. You'll be surprised at how much folks open up about their neighbors and what kind of leads you can get.

Alternatively, if you've spotted several houses, jot down their addresses and try writing them a letter that says something along the lines of:

"Hi - My name is Jenny and I'm an all-cash buyer interested in buying your home as-is. Call me at ..."

Here's another example from yellowletters.com:

It's important to note that there is no perfect post card or letter. It requires testing to know what works for your area and not giving up after only one or two tries.

Hope this helps!