Absentee Owners – Makeover Monday
November 11, 2013 in Investing In Real Estate, Makeover Monday, Videos
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”.