All Forum Posts by: William Rose

I was talking with my mom about becoming an actual Real Estate agent. After doing some research I started to question it though when I saw that costs can be around two grand when everything is said and done. For me that's a bit much, however It's not fun seeing these dead leads fall down the drain. Working on the second batch of 500 which we be going out on the 30th. Also looking into building an online presence and using SEO to outdo everyone else in my area. If anyone else has any recommendations please feel free.

 What should a beginning investor start out with?

 Yeah that was my approach. How many letters do you think I should send out at once at do you think that would be better opposed to my spread out effort of 500 every 2 weeks?

I use the same phone number for both but for my bandit signs I have a google voice number that leads to my actual phone number. 

 See the thing that I question is whether I should continue sending multiple letters to the same people or market to other potential motivated sellers. My natural reaction to sending multiple letters to the same people is "Well they didn't call me the first time, If I keep marketing to them why is that going to make them want to sell.....Wouldn't a motivated person call immediately once they got the first letter"?

I've received about 10-15 calls in all. I actually only got one angry person. The rest simply weren't motivated enough..They all wanted a close offer. I have one lady left out of those who called me. She left me a message, saying that she's more than willing to sell the property for the right price. I call back, she's not home. We keep going back and forth. Eventually I'll get in contact with her but I don't think she's motivated enough. She has a tenant in the house. Currently I'm working on my second mailing of 500 to absentee owners. Hopefully I get some deals out of this one. Consistency is key right?

 Close quickly, Pay all cash, No need to fix anything up, etc. Great advice though, I think i'll rephrase my letter to include more "You's"

 Alright, I'll definitely word it differently. How does the rest of the letter sound? 

 The letter pretty much goes like this

Dear ((Whatever that persons name is))

   My name is William Rose and I'd like to purchase your property on ((Whatever their address is))

   I will buy your house "As IS" in ANY condition without ANY need for you to fix it up.

 I understand that your time is VERY valuable so I can also close quickly. I pay CA$H by the way.

 If you have ANY questions please feel free to contact me at ((My phone number)) any time so we can get right down to business.

If your thinking of holding on to the house that's fine, but I'll be buying VERY SOON.

Please don't hesitate to give me a call, I don't bite. I'm a pretty nice guy I promise

William Rose

((My phone number))

 I just pretty much tell them I'd like to buy the property, I pay all cash, I close quickly and that they don't have to fix the house up or anything like that. Then I tell them I'm a nice guy and they should give me a call if their interested in selling.

    Alright, I'm an investor that's located in Maryland and I just sent out my first 500 mailings to absentee owners in my county. I sent the letters out on Friday the 9th and so far I've received about 4 calls back. I also put up a few bandit signs last night, still got a lot to go. But the calls that I've received we're all from curious people and tire kickers unfortunately. Was this mailing just a dud? I'm mailing to a list of 1200 Absentee owners and once again I just sent out 500. I'm on the verge of tears (Kidding but I really want to see some results). I plan on sending out another 500 on the 23rd. Could anyone give me any advice? 

 Thank You.