All Forum Posts by: Anthoy James

Btw, when I wrote 500-1,000 to each prospect I meant altogether (including 2nd, 3rd mailings, etc).

So I've started sending letters to nod's. This is my first week starting, I've sent about 50 letters since Monday (no calls yet, but I am tracking everything, hope to be getting more on the list soon). I'm going to send a follow up letter a month after I send the original, as well as a postcard after that.

In the meantime, I would like to start to market to a new group as well to test out different prospects and see which ones I'm getting the best responses to. I'm leaning towards either trying to get probate leads from the courthouse, or purchasing an inheritance list off USleadlist. What do you guys think of this strategy? For those of you who deal with inheritance leads, how many do you typically send?

Also, how many letters is usually a good indicator of how well a marketing campaign is going? I was thinking of sending 500-100 of each prospect group and going from there. Too many or not enough? Thanks in advance for the replies!

Ah ok, got it J, thanks.

Tom, thanks for the reply as well. I got it now.

Anyone? It's not so much the form as it is just my curiosity in seeing how different investors put different clauses in their REO offers.

I know, I'm not looking to use someones contract for my state, I just wanted to see an example of the ones you guys use. I'm going to revise mine with my attorney.

Hey BP, I know a lot of you guys are bidding on REO's, and I know that you guys always state an offer is more likely to get accepted if there's no inspection period, no financing contingency, etc...

I wanted to know if any of you guys could actually post an actual offer to purchase form that you guys use that state these things. I'm very interested to see the wording used in the different offer forms you guys use for REO's. I've looked in the fileplace, but there doesn't to be one that would be good for REO offers (no inspection contingency, all cash, etc). Thanks in advance!

So I started sending out yellow letters to 60 day Lates. I decided to change it up a bit and start door knocking on my new list for the week. I went to about 40 houses today. I knocked on the doors, waited about 30 seconds and when there wouldn't be an answer I would leave a typical letter addressed to the home owner stating that I was interested in purchasing their home. What do you guys think about this strategy? I know it's an extremely competitive market - I saw a couple houses already had letters in their mailbox from other investors. It's my 3rd week doing it, so I'm going to give it a try for a couple more months.

The second question I have is about a call I received today. I'm used to the usual caller who is angry and wants me to stop sending them letters, and I will always comply (if they give me their address). I had one caller today who was absolutely livid that I sent a letter to his wife and after about a minute of him just screaming at me I hung up on him. He called back and said he would report me to the police, I would end up in prison, etc. I tried calming him down and asking his address so I could take him off the list but he wouldn't listen, which sucks because he's going to get another in the mail in about a month.

My question is, is there any way to better handle these angry callers? This caller didn't really scare me, but got me thinking if I should not be using a 2nd cell phone for my calls. As far as I know he can't find my info (I sure hope not) unless he gets the police involved (I doubt getting 2 letters in the mail would warrant a police investigation) but it got me thinking if I am better off just getting a pre paid phone or using a google voice number instead, just in case one guy actually is crazy enough to try to find me. As always, any advice from the BP community would be greatly appreciated. Thanks.

So, I've used the following as my first letter:

Dear _____

Hi, my name is _____

I would like to $BUY$ your house at

________

please call me at ______

Please call
Thanks

What do you guys typically recommend for the 2nd letter?

Thanks for the reply Michael! Very much appreciated.

Thanks for the response Nick. I was always under the impression that one should really gets the most out of 4-5 mailings since a lot of people just discard the mail the first few times?