All Forum Posts by: Account Closed

Jimmie,

I do yellow letters myself with great success. I buy Microperforated Yellow Paper Pads at Walmart. You can order them online.  As long as you pull them out correctly and face them opposite when you print at home, you won't get any jams. I align it perfectly with the "white unlined master letter I create".  

I always personalize my letters and hand write every envelope (now it's outsourced to my college daughter)  I do not cheat or skip the most important parts and always get 1-3 short sale deals for every one of my yellow letter campaigns I have been mailing for years.  I only do yellow letter and can't emphasize the power of doing them right because it does bring the seller calls to "niche deals". 

Good luck to you in your mailers. Now I only mail when I need to replemish my short sale pipleline as I close the deals.  I will only do Yellow Letter and has been the lifelihood of growing my business.

Wishing you the same!

Mary 

Hi Lee. 

I just joined the BP Community and trying to navigate my way through to build connections and share experiences.  I saw your comment and thinking "are you referring to commercial deals?" Do you only buy commercial? 

Reason I ask is because you wanted some words of encouragement and I can relay exactly what you mean. I built my passive portfolio with SFR and 1-2 units in Chicago after the 2008 market crash and only focus on "off market over leveraged deals - known as short sales" Since 2008, I have not experienced what most Investors are sharing on posts regarding deals. I hear & read these comments a lot on the retail market. However, on the hidden market (where I only focus and will only focus regardless of market trends or conditions) this isn't common for me. 

I recommend you do opposite of what everyone else is doing and focus on finding your own off market deals I know are in every area. You just need to learn how to find them. Once you do, all these obstacles you find on the open retail market will never apply to you when you learn finding deals on the hidden market.

I created a Blog on Truths and Lies about Short Sales to help bring awareness to BP members not everyone is experiencing same obstacles in finding deals. Because there's a lot of deals for everyone. 

Check out my Blog. I know it will help you with pointers you can apply pertaining to finding deals in your area. Hope I could help and best of luck to you in finding your deals.

Hope I inspired you today.  Do opposite of what everyone else is doing and you will get different results. You determine your destiny in real estate investing not the market dictating or frustrating  you.  

Best of luck! 

Mary 

Good morning BP members on this communication thread about the market. I read the comments and know comments are on multi units. I'm thinking 4+ or commercial. I built my passive portfolio on SFR and 1-2 units in Chicago after the 2008 market crash and only focus on "off market over leveraged deals - known as short sales" Since 2008, I have not experienced what most Investors have shared on this post. I hear it a lot on the retail market; but on the hidden market (where I only focus and will only focus regardless of market trends or conditions) this isn't common for me. I recommend you doing opposite of what everyone else is doing and focus on finding your own off market deals I know are in every area. You just need to learn how to find them. Once you do, all these obstacles you find on the open market don't apply on the hidden market.

I just joined BP and created a Blog on Truths and Lies about short sales to help BP members in bringing awareness not everyone is experiencing same and there's a lot of business out there for everyone.  Check out my Blog. I know it will help you with pointers you can apply pertaining to multi units. Hope I could help and best of luck in finding your multi unit deals...Thank you! Mary 

WOW I'm new To Bigger Pockets and trying to navigate the network. I was curious to see what came up in "short sales" because that's my niche and passion since 2008. I saw so many remarks here (many are old posts) and wondering are any of the members posting short sale questions on this thread still doing anything with short sales? Happy to be in this community and start networking and learning with others. Thank you! Mary