In today’s video I want to talk about absentee owners.
I love working with absentee owners. In fact it is one of my favorite niches because over time many of these folks will become very motivated to sell their property at a deep discount. It will just get to be too much trouble to manage a property so far away from where they live.
In this video I will talk about:
The difference between in state and out of state absentee owners, and which ones I like to work with
How folks sometimes become absentee owners (by accident)
What the “PITA” factor is
And how long you should send direct mail to these folks (there is a specific length of time)
I hope that if you aren’t already working with absentee owners, you will see the many advantages of working in this niche. This is another niche that I like to say has the “low hanging fruit”.
Here Is the Video:
Let me know if you work with absentee owners and what your experience has been with these folks.
If you haven’t already subscribed to the “Inner Circle”, be sure to do that today so you don’t miss any of the business building tips I have coming your way. I want this year to be your best year ever! And if you enjoyed this article, please share it.
I first heard you on bigger pockets podcast and got inspired to try wholesaling.
I’m a new investor putting together my first marketing campaign. Thanks for all the great content!
I’m glad you liked the video. That’s the key with all the niches; just keep mailing. Let me know how your delinquent tax mailing goes. I have been thinking about adding that list but only in a targeted area. Thanks for stopping by.
Sharon
Jon Gillman
on November 12, 2013 at 7:25 am
Sharon-
Thank you for the great video!
I am have campaigns set up to send out to probates on a regular basis and have recently started mailing to properties that are delinquent on their taxes.
I agree with you that you need to keep mailing until the property becomes a “PITA”.
I love absentee owners and spend alot of time with my students and investor group talking about them. Treat them well and you may have a great payday coming.
~ About Sharon
Hello from Louisville, KY, and thanks for stopping by my blog!
I love this business, and I am passionate about helping other people become successful real estate investors.
Come along with me on my journey as I create a business and a lifestyle that I love.
In today’s video I want to talk about absentee owners.
I appreciate your comments Chris!
Thanks for the video!
I first heard you on bigger pockets podcast and got inspired to try wholesaling.
I’m a new investor putting together my first marketing campaign. Thanks for all the great content!
Thanks Gary! Absentee owners are a great niche.
Sharon
Jon –
I’m glad you liked the video. That’s the key with all the niches; just keep mailing. Let me know how your delinquent tax mailing goes. I have been thinking about adding that list but only in a targeted area. Thanks for stopping by.
Sharon
Sharon-
Thank you for the great video!
I am have campaigns set up to send out to probates on a regular basis and have recently started mailing to properties that are delinquent on their taxes.
I agree with you that you need to keep mailing until the property becomes a “PITA”.
Jon
I always your blog posts Sharon. I have not started marketing to AO yet but intend to in the future. Thanks again for all you do Sharon!
I agree completely. It’s all about building a relationship and just being there when they are ready to sell. Thanks for stopping by Tim.
Sharon
I love absentee owners and spend alot of time with my students and investor group talking about them. Treat them well and you may have a great payday coming.