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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
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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.

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