Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Wholesaling
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago on . Most recent reply

User Stats

283
Posts
59
Votes
David White
  • Edgewood, MD
59
Votes |
283
Posts

Returned letters, assignement contract, and residential status

David White
  • Edgewood, MD
Posted

I have a 3 questions. My first question is what does it mean when you get a returned letter from a direct mail campaign and what do I do with the returned addresses? Also where can I find an assignment contract? Lastly I've come across properties that I deemed vacant. When I look up the property address and mailing address its the same address but under principle residence it says no. Should I send them a letter?

Most Popular Reply

User Stats

721
Posts
343
Votes
Roland Paicely
  • Raleigh, NC
343
Votes |
721
Posts
Roland Paicely
  • Raleigh, NC
Replied

David,

When you get a returned letter from a direct mail campaign it usually means that the owner doesn't live at that address or the place is vacant. With those addresses you have 2 options. Try to find the owners correct address and mail it or trash it. If you have the time, patience and money find the owners true address. Assignment contracts are easy to get. Bigger Pockets has them available. Wholesalers at your local REIA also. If you need one immediately, let me know. I'm not clear on your last question. However, I see no harm in always sending a letter. Other than the cost of mail.

Loading replies...