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If you’re in the real estate business, then one thing you most definitely need is property leads – and ideally ones from sellers who are actually motivated.
And without question, one of the best, most effective ways to generate motivated seller leads is by wooing them through the mail. Whether you do it with postcards, yellow letters, white letters, purple letters or hieroglyphics scratched on a dinner napkin, sending mail to motivated sellers is time-tested and proven to work no matter what market you're in.
And one of the best types of people you can mail to is the absentee owner.
What the Heck is an ‘Absentee Owner’ anyway?
Essentially this: Owners who are absent from the property itself. In other words, they don’t live there. And the tell-tale sign is that the property tax bill is being mailed to a different address than the subject property.
Why absentee owners?
Because often, they’re the ones who might be tired, burned out landlords. Or maybe they inherited the St. Pete property…
Alex Pardo
has been investing in real estate for 9 years. Before he started working on his real estate investing business, he worked for GE Consumer Finance in their Financial Management Program. He quickly realized that staring at Microsoft Excel for 14 hours a day was the fast lane to the dreaded rat race, so he completed the 2-year program, and decided to backpack around Europe and Africa for 3 months, before diving into Real Estate full-time. Two months later, he closed his first deal and made $44,000. Almost as much as he made in 1 year at General Electric, and needless to say he hasn’t looked back. Fast forward to today, he has started several businesses and has learned as much from his failures as he has from his successes. To date his company has closed over 250 real estate transactions and has helped countless homeowners and investors in the process.