Rehab Letter/great Ideas?
I've been doing rehabs on smaller "depreciated" properties in my area. For the most part I obtain the properties by locating the owners and knocking on their doors. This is very effective but also time consuming. I would love to increase my success rate by increasing the potential properties in the funnel. I am thinking of sending letters to the properties that I have identified in an effort to have more projects going. Of course personal follow up would be necessary but then I would be dealing w/ owners who are already interested - that is the idea anyway.
Would somebody be willing to share with me the type of letter to send. I am looking for what others have found to be effective, wording, timing etc.
Also, I am taking a vacation next week for 10 days. This is good time to do some reading. Any recommendations? Looking for advanced content pertaining to REI. Specifically, Sub2 or short sales. Even a really good rehab book.
Thanks in advance.
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