I got 2 calls this morning from my direct mailings, & these properties are exactly what I like, inherited and out of state absentee owned and older properties needing tons of repairs. Also not being advertised.
Sometimes these people dont call right away and I thought my mail campaign money was wasted, at first, but then,
I already got that 1 deal in escrow now that’s paying out 15K. So far I mailed out 600 post cards, but got 200 more going out today.
First caller has a 3/2 in Selma Ca, built in 73, nice area, with a pool, everything needs a complete updating, parents are in a care home. seller says floors are really bad, prob from their animals? House vacant. One of the sibling owners is in Arizona and coming down Saturday to sell this puppy. House needs re-stucco, pool needs replaster, & on and on. I’m drooling.
Second caller has a 4 unit in Kingsburg Ca, built in 41, converted residential, belonged to his father, a local doctor, that has been condemned by city cuz of the roof leaks, The main house has a frikin flat roof, with seperate units in the back. Seller lives in Texas and the units are vacant & free and clear, Oh baby.
I’m going to check out these properties, write up some low offers and I just might have a few more deals cooking this year.
So, sitting around on a cold Nov day and getting calls, Fun stuff.
Here is the Secret Sauce,
Target older properties, and Out of State owners.
I’m not getting many calls but the ones that come in are the Good Ones
So, I paid $380 for my list, and so far spent 3 or 4 hundred buks on stamps and postcards and ink.