Learn how to do yellow letters, door knock, call for rent listings and ask if they have properties they want to sell, etc.

However, there is another great duo you might not have heard: Yellow Letters and Targeted Mailing Lists!

It has been a productive morning with 50 yellow letters sent, and another 200 in progress.This morning, I'd love to hear any REI stories you have about using yellow letters. - What has been your biggest lesson from sending yellow letters?

I'd love to hear your thoughts on what kind of mail typically works best (typed letter, handwritten yellow letter, postcard, etc.), how can I quantify the amount of repairs the house is going to require (I have an idea of the ARV by looking at comps in the area, but I wouldn't know what to offer because I haven't seen the inside of the house and don't know the repairs required), and any other advice that you may have.

I got lucky, sent 1000 yellow letters and got a deal on my second call...negotiated the price over the phone ( I don’t ever go on appointments ) and found a buyer from networking and make a cool $21,500.

If you want to be renting to someone who works at the Pentagon then you need to be within .5 miles of a Metro station in Alexandria or Arlington and ideally on the blue or yellow lines.

Went from yellow letters to professional letters.5.

Home was built in 1932 3 bed 1 bath full basement needs work of course bad neighborhood 1 car garage its a craftsman style home ugly yellow paint on exterior....SEV is 72,000.00....comps range from 39,000.00 to 99,000.00 assuming all 20,000.00 is used to rehab my fear is it will sell for 45,000.00 but not much more and I won't make anything on the deal?!

Whether you are a Realtor or not, you can send "Yellow" letters to the neighborhood your buyer desires and try to get some off market properties.

The move is probably to do nothing, most owners don't respond to yellow letters or people making offers that are sight unseen, they think they have a nice little cash cow investment.