I Need Help Writing A Letter To Households Who I Am Proposing To Buy There House From.

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I drive around looking at houses that are in bad shape. i would like to ask these people if they would be interested in selling their house. Please help me come up with a letter. I do not even know how to start,'

Thanks,
Mike

Comments(7)

  • JeffAdams24th February, 2004

    Hello Neighbor:
    I own an investment company that has a
    lot of cash on hand and we are presently buying homes in your neighborhood.

    Mike, what are the advantages of selling to you?
    -I can close in 10 days or less all cash.
    -No real-estate agents, commissions,
    open houses, etc..
    -I will handle all repairs.
    -No more mortgage payments!

    I would be very happy in meeting with you! Call Today 1-800-263-SOLD.

    P.S.- For your free report on "How to sell your house in 10 days or less" visit us on the internet at: http://www.MikeBuysHouses.com.


    This is just an example. You can edit however you want. Be creative.

    Best Riches,
    Jeffrey Adam

    _________________
    "The only place success comes before work
    is in the dictionary."[ Edited by JeffreyAdam on Date 02/24/2004 ]

  • JohnCl24th February, 2004

    Jeffrey,

    How exactly do you do this?

    Would a new investor without a lot of capital be able to do the same thing?

    I know about the "run adds in the paper for investors or hit up family and friends". Is this what you have done?

    I am still trying to get the first few deals under my belt so I can start approaching people for investment capital.

    Any other ideas?
    JohnCl

  • JeffAdams24th February, 2004

    Hi John:
    You need to first educate yourself. If you wanted to be a dentist you would go to school right? Well I know a lot of investors who make twice as much as most dentist do.

    Go to "shop" and then "consignment" and buy Ron Legrands cash flow module This use to retail for $12k and now you can buy it for a couple hundred buck. John Lockes course on "subject to" is a good one also. After you have been thru these courses you will have a foundation to work on.

    In terms of financing, Yes, I have done this. I found a lonely multi-millionaire 71
    year old man around 7 years ago from this ad:
    "Realesate investor with proven track record looking for investors who want to make 12% on their money secured by a
    First Trust Deed."

    If I need money for a deal, I simply call him up, we meet for lunch, look at the property and he wires money to escrow the next day.
    You could also line up hard-money lenders to do your deals.

    Once you educate yourself, you will learn how to become a real-estate transaction engineer.


    Best Riches,
    Jeffrey Adam

    _________________
    "The only place success comes before work
    is in the dictionary."[ Edited by JeffreyAdam on Date 02/24/2004 ]

  • MikeMo25th February, 2004

    Jeff,

    I though Lufos sad he is 81. Is he your lonely multi-millionaire? Someone sad he lends cash at 14% and I am getting ready to ask him for a $300,000 line. Would this be enough for a start? Here in LV, prices are getting higher by day.

  • CQQL25th February, 2004

    Jeff, are both courses necessary, or can I use either one for a good foundation. And, if you don't mind, would you make a recommendation. Thanks

  • JeffAdams25th February, 2004

    CQQL:
    I would start with the cash flow module by Legrand and then I would go thru John Lockes program for dealing with
    subject to deals which will be a big part of your business. The money you will spend will be recouped back immediately by what you learn. Remember, education is the key!

    Once you go thru these courses and fully understand them as you might have to go thru them twice to get everything out of them, you will be an armed assassin
    in Real-Estate investing!





    Best Riches,
    Jeffrey Adam

    _________________
    "The only place success comes before work
    is in the dictionary."[ Edited by JeffreyAdam on Date 02/25/2004 ]

  • CQQL25th February, 2004

    Thanks Jeff, I'm on it!

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