Call came in today from a DM campaign and wondering if I can make this a deal somehow:SFH ARV $140kRepairs ~$12kSeller Owes $116k (1st and HELOC)Tenanted at $1000/month - which is negative cash flow with existing loans and taxes.Sellers do not have money to use at closing to bring down the purchase price.

The basement walls have just been poured (this is Michigan) and we will be starting a postlets (and the syndication sites) campaign shortly.

I recently mailed out a batch of YLs and received my first call (well, Google Voice Voicemail) today. When I called the seller back he told that he was interested in selling, but he stated the following:

"I'v...

As long as your budget allows a consistent mail campaign you'll do well with any list.I don't have experience obtaining lists from title companies so I can't mention anything on that.

So the sub2 and catchup arears strategy works but there's fewer owners in tough binds to make the yellow letter campaign cost ($.50/postcard) worth it.

Hey Max, I love this stuff so will share what I'm doing anytime.I bought a canned website and am running a small PPC campaign on Google and Bing to get traffic

I am now making the leap of faith into marketing for deals.I have begun with some test mailing campaigns to measure the response rates, etc.

Hi All,I just landed a seller with a home for sale through a yellow letter campaign.

In the process of building a direct mail campaign and I'm wondering if anyone has thoughts on whether it makes a difference in targeting absentee owners in a town which is more in a rural, family community versus a town closer to the city.

It's good to research this all upfront before you start spending a bunch of money on campaigns etc.