First Campaign and First calls

[Ceasar Blackman]

Hey so i took action on a small scale, bought a list and I hand wrote 96 letters and mailed them out this past saturday. I by tuesday i got 5 calls, none left a message, im gonna revise my voicemail. I called them all back this morning and 2 said it was wrong number, 1 went to a VM that was full i plan to call back. The other two i spoke to seemed motivated to me, but still I'm not sure about setting an appointment and really getting to negotiating.

First property i spoke with a older man that has a few rental and was looking to get out of the business. The property was a 2/1 sq ft 1022 built 1956 block build with central air. He mentioned he was looking for 35k. He said the condition was ok, it needed some counter tops and bath tub. It has tenants right now that are just month to month and the rent is $750 per month. Which i thought sounded great. The fact he is elderly and looking to get out of the business has me thinking i need to really work this.

Send was a woman who was looking to sell since her husband just got out of the hospital and she doesn't want to have to manage the property. It is a 3/2 sq ft 1234 built in 1955 block build. She said the property is completely renovated, i asked about what might need to be done and she couldn't come up with anything. I know not to take that to heart. she was seeking 65k she says thats what she has in it. it has tenants in it now not sure if they are within a lease right now. This rents $850, i felt like we striked up good conversation and she seemed surprised how pleasant and concerned.

My question is how would i really determine if it worthy to make a visit. And I'm trying to find comps without MLS is there any kind of curve you would use like on willow, truila, relator etc . Like 5k give or take. Does the fact that tenants are in these properties change your approach ? Does the fact the first home is a 2/1 scare most investors off since its a smaller group of people that might be interested ? Im supposed to contact them both tomorrow, but have no comps and i dont want to duck on those calls. What should be my next move :/

Any help would be appreciated

Thanks !