My New Letter of Intent

185 comments

Hooray for you – we’re giving away another freebie today! Not only will you get to swipe a goodie from us, but I’ve also got an awesome video for you that comprehensively covers what we’re giving away.

Look, there are lots of letters of intent available out there. You could even create one for yourself and consult with your attorney before using it.

But why reinvent the wheel?

We’ve already done all the heavy lifting for you. (You’re welcome!) I still suggest you cover your butt and run this document by your attorney before using it, but it’s our letter of intent of choice – and it’s worked for us for years.

It’s simple, matter-of-fact and to the point. And, you’ll notice it’s only 1 page. That’s intentional. That way sellers can quickly understand exactly what we’re offering them.

The Body Consists of Only 2 Parts

As you’ll see, our letter – chock-full of benefits for the seller – is really just 2 main parts:

marker-arrows-jp 4Property Facts

marker-arrows-jp 4The Bottom Line

Think of the letter as a template. Most of the information will remain the same for every deal, but we customize it based on the details of each situation.

The first section – the property facts – is where we make the most changes. This is where you list your offer price, mention any repairs needed and include the closing and contingency details.

The bottom line section reiterates our interest, and reminds the seller that we’ll be there if and (hopefully) when they are ready to pull the trigger.

And that’s it.

Go ahead, investors, and press play to hear more about the letter of intent you can swipe today. I’ll go over the tone that your letter should reflect – we’re playing it cool here, kids, and we certainly don’t want to sound salesy. This letter simply states the facts, considers the seller’s situation and reminds them to contact you when the time is right.

Here’s how to download our New Letter of Intent:

Step 1. Leave a comment below with your thoughts. What you like about the letter, don’t like, or just tell us how awesome we are for giving this to you at no cost 🙂

Step 2. Once your comment is posted – Chuck Norris will award you with a free download link for the letter. For real.

Johnpaul Moses

JP Moses is a roughly-hewn man-child who jumped into REI back in Y2K and full time in '02. After many twisty turns over the years, from landlording to short sales to rehabs to Realtoring to lease options to REOs to notes to owner financing, blah, blah, blah… he finally stuck his flag deep into wholesaling. Today JP's Memphis-area operation's wholesaled somewhere north of 400+ transactions and actively turns 3-7 houses a month. He also really digs helping others and pours a ton of his heart and soul into helping his fellow real estate investors from his own REI and business-building experiences.

Click Here to Leave a Comment Below

185 comments
Sean Loucas

Hey Guys Sean here!

I’m new to Awesome REI but I’m on fire and ready to work! Thank you for all the detailed tutorial videos and freebees! Very useful!

Sean
Shamrock Home Restorations

Reply
Jason Haskins

Priceless

Reply
Nelson Fernandez

I feel has great potential to generate the funds i deserve. But like always a great opportunity gets presented to me when im lacking funds…

Reply
    Charity Akers

    Hi Nelson! I hope the letter is useful to you. Now that you have it, you will be in a great mindset to acquire properties and funds!

    Reply
Intisar Pierce

This letter of intent seems well thought out and measured. I can’ t imagine any home seller getting mad at such a letter. I am looking forward to a real opportunity to use the letter really soon.

Reply
Joe

Excellent idea with all the important features in bold

Reply
Vincent Robertson

This is a great tool to add to my magic bag of direct marketing for JV wholesaling.

SINCERELY;
Vincent Robertson
7/24/2017.

Reply
ROXANNE BAUCOM

Thank you again!

Reply
ROXANNE BAUCOM

Even more awesome stuff! Thank you

Reply
Rebecca

Short and Simple.
I think it makes your offer more memorable and puts the seller at ease.
Thanks for the info also

Reply
Sebastine Anyanwu

Your letter of intent is a very interesting and convincing one. A very humble letter written in simple understandable English. My perception of the letter is that, as simple as it looks; it has the to power to touch the heart of motivated sellers to become more motivated. When this is the situation, no gain saying that it will turn-in targeted leads.

Reply
Robert lopez

Very informative, I like this

Reply
John Kozak

looks great, and thanks!

Reply
John Diaz

Nice tool thank you.

Reply
H David Heller

Great tool to stay in touch

Reply
James R. Anderson

Sounds AWESOME!!

Reply
DREW ARSEN

OK Let’s see the new version.

Reply
Darlene Torry

Hello,

Just wanted to say, this is a awesome product and truly appreciate you sharing it with us.

Thanks again,
Property Shekel, LLC

Reply
Chris Grenier

This is a great looking LOI, I have seen quite a few but this is straight to the point and awesome. Good work!

Reply
Rich

I can’t believe the amount of useable resources you guys are overdelivering. Amazingballz!

Reply
Robert Davidson

I like two very important things. First, it’s written in mostly Active voice instead of Passive. Second, it’s not gaudy like Yellow Letters that seem to scream at homeowners. Good job.

Reply
Tom Howell

Love this site and all the great info. Keep it up…

Reply
Scott Chapman

This one is a lot better than the one I’m currently using

Reply
Jay Scott

I am finally sticking my flag into wholesaling. Today Jay’s Tampa-area operation’s wholesaled. I want somewhere north of 250+ transactions and actively turns 3-7 houses a month. I also really like helping others and pours a ton of money to help others. heart and soul.

Regards
_________________
Jay

Reply
James Tibbs

What I liked most about this letter is that i was just looking to update the one I have. Secondly, I enjoyed the directness of the letter and plan to use it ASAP.

Reply
Robert LaFreniere

Great letter, short, to the point and shows you are there to help if and when needed.

Reply
sherri silvestre

thank you – this is a document that many of our larger commercial sellers require- it is can sometimes be very difficult to acquire- (though it is very noncommital) This is a great outline to follow!

Reply
Susie Rigler

Great letter of intent – plan to use it soon.

Reply
Pauline Baluski

I liked the letter of intent its
to the point and yet very engaging

Reply
Michelle Zoske

Great letter of intent. Thank you for the amazing guidance 2and direction! Super helpful
Mzoske

Reply
Austin

Great way to keep people involved. I love this idea!!

Reply
Jeff Carroll

Awesome stuff, thanks for sharing…

Reply
Thomas

Great post

Reply
Greg Smith

Looking forward to utilizing this for my potential sellers.

Reply
Toni

JP thanks to you and all at Awesome REI. You guys are really amazing. Thanks for the not just the LOI but the explanation of how you really use it in your business. I plan to use it that way also.

Reply
Josh

GREAT

Reply
Justin Giboney

super simple and straight forward. For me, tha’ts the best way to be

Reply
Tshombe Williams

Good letter :
I’m actually looking to make contact with you all in Memphis in that I own a property (triplex) there also off of Chelsea.

Reply
Donna Estrada-Garcia

It is short, simple and easy to understand. Gives the owner comfort. Takes away his fear.

Reply
JAMES BARRIER

Concise and no pressure. I like that!

Reply
Robyn Rendon

I’m happy to get started! Thank you for sharing!

Reply
James Brown

JP, You always furnish good stuff.

Reply
Damita Greene

You guys are awesome! Thanks for the form!!!!

Reply
Michael McCormick

It’s nice and short, friendly, and to the point. I like the
bold characters that stand out as you read it

Michael McCormick

Reply
Chanel Sharhan

Awesome! Great Information and its free! Well made and Direct.

Reply
Maile

Thanks for for the great tips. I’m a new investor and so excited and eager to learn!!

Reply
Lillian Dilaurenzo

Great and to the point.

Reply
Kendra Edwards

Great info, love the energy you guys share

Reply
Warren Vail

Great letter. I like that it’s not pushy or hyped . It’s simple and to the point. Thanks

Reply
Gregg

Kind of weird. I’ve been using a letter of intent and a letter of interest since the mid 90’s in the Dallas Texas market. It’s strange the amount of similarities in my letter even with the headers, footers and extra lines below the signature line.
Though, I’ve improved mine over the years to look a little better and hit the point a bit better.
Also, I’ve developed lead generation systems that are far superior to anything available today. Leads meaning the best sellers to mail to in all mail merge ready custom mailers.
Do you have any friends in the Dallas, TX market? I think a few of my mail letters and postcards have been floating around for a while.

Reply
Edgardo Cortez

this is awesome, thanks for sharing this.

Reply
Gene

sounds like a great letter. Will get the job done without being pushy.

w

Reply
Terry Holloway

Great info. Quick, concise. Nice job

Reply
Jason Haskins

Definitely helpful

Reply
shel

hello this is a great letter thanks for the info please continue to assist us with these great letters

Reply
Zachary Hoyt

Well crafted, spoken and thought out. I support it

Reply
DREW

HOPE ITS AS GOOD AS THE FIRST …OR BETTER

Reply
Devyn

Thanks for the great info!

Reply
Brian Tampke

Thanks a bunch for sharing!

Reply
Hector

Great letter!! I will definitely be using it in my marketing. Thank you for all the wonderful information on your website.

Reply
Chris Nelson

Sounds like a great follow-up great follow-up letter.

Reply
Bernard

Great information

Reply
Albert

It is wise way to make first contact with property owners

Thank you !

Reply
Mike

Awesome resource

Reply
Talia Johnson

You are too kind!

Reply
Sea 2 Sea Real Estate Investing Group LLC

Thank you for the letter of intent.

Reply
Anthony

Yes!! this is what I have been looking for.

Reply
TON TIMMONS

I just have increasing appreciation for what appears to be unparalleled generosity. Thanks!

Reply
Pam

Love your practicality and your generosity in sharing.
Thank you. Looking forward to receiving a copy.
Will keep you posted on how it works

Reply
Ross Kenyon

Thanks! Looks great, can’t wait to use your letter of intent.

Ross Kenyon

Reply
Christopher Jorgensen

Interesting soft sell follow up

Reply
Daniel Mckinney

Great letter of intent! I ready to swipe and deploy

Reply
Joe Filardi

I like that it is by design, easy to read and assimilate and passes the “scan” test. I am a total “newbie” so I had no idea that a letter like this is used. Since most offers will probably fall on the low side of value, and a % of people won’t jump at the initial offer, I would think that this letter will capture a good number of deals that you wouldn’t ordinarily get because the seller wasn’t ready to give in initially but may later. When they’re ready, they still have your offer in their file and it places you in a much better leveraged position cause now the buyer is calling YOU !

Reply
Monique Harris

i think you giving the letter for free is awesome and i thank you for caring about us enough to to let me in on your how to step by step info thanks.

Reply
Judy Todd

I like that it doesn’t sound intimidating to the average seller and is clear and concise. Good job.

Reply
Brian Tampke

Nice letter… sounds very casual and caring while remaining professional and clear with the offer.

Reply
James Miranda

Short & Sweet

Reply
Sonja

Thank you, good stuff!!!!!

Reply
Bonnie Wintringer

Thank you. Great stuff

Reply
Jason

Boom!

Reply
James Richardson

Great letter. Short, sweet & too the point. Love it.

Reply
Claire Scott

Awesome info!!!

Reply
Drew

Just trying it out. Thanks much for the example to learn from.

Reply
Jerry Coleman

Once again another GOLD nugget!

Reply
Patricia Winters

An excellent starting point letter with great anchor points and benefits to sellers who think their property should sell for more.

Reply
Bruce

Hey, I really like the tone of this letter for making offers, Thanks!

Reply
Luis Davila

Hi, I’m Luis I just listened to the presentation of ” letter of intent”. It’s simple and to the point, I’m one of those people that scans a letter before thoroughly reading it.

I believe sellers will find this very helpful. I’m very nervous about getting into REL buying and selling with help I believe
I can do this. Looking forward to ur help and guidance.

Thank you!

Reply
GARLAND

This I’m sure will get the attention of most sellers to get in the door. Thanks again J.P.

Reply
Linda Hough

Thank You I need this in my vault of tools.

Reply
m

cool

Reply
heath

wow dont know why im so lucky

Reply
Mike

I like it

Reply
Bala Abubakar

Great idea and a very simple letter to a seller

Reply
Vincent Robertson

Vincent Robertson;
This is a great tool for breaking the ice when it comes down to making multiple offers
on deals nationwide.
Sincerely;
Vincent Robertson
4/20/2017

Reply
Paul Coin

I like this. It is well done.

Reply
Barbara John

Awsome website guys….Can’t wait to download the letter of intent

Reply
Nigel Solomon

Great tool to start the making an offer process,it gives you strong positioning.

Reply
William Lynch

Thanks for making life easier

Reply
William Lynch

Hello waiting for my LOI. Please. Thank you

Reply
Warren Vail

Thanks, great letter. I like that it’s to the point and not pushy.

Reply
William Lynch

Thank you. makes my life easier.

Reply
Kevin Kruska

Thank you for posting and discussing this letter. I know it it will be useful in my business; it represents on more tool to utilize — thank you!

Reply
Lorena

Great letter!

Reply
David Brouillette

just another thing that I do not have to worry about, Thank god!

Reply
William Lynch

Hi I like it. It’s KISS. Keep It Simple Silly. I know Silly is not the word that is used. But great job

Reply
Darlene Torry

Hey Awesomeness!

Just wanted to confirmed that I just checked my e-mail mess. and have received the Wholesaler and Buyers Web pgs. I will be training and processing the info. submitted and taking action on it. Just wanted to say again, you guys rock! OOooh by the way, I could really use that Awesome Letter of Intent, I know it will be beneficial to me in the near future.

Reply
John

Looks like it may be useful

Reply
Edoris Cromartie

I like the calming approach of the wording. I also like the idea of not rushing them to a quick close in case you need the time to secure funding.

Reply
Dave Richards

Interesting

Reply
Salvador Manahan

This is what i need, Thanks.

Reply
Justin Chamness

Love it. I’ve been using a different one.. and find it works great for the quick wholesale model great! – I’d like a copy of this one! It’s Waaay better. – Thank you – Justin

Reply
Cheryl Carlson

Excellent letter that doesn’t come across as a “sales pitch”. Thank you for the training and insights.

Reply
Mike Makela

What a power piece to add to the business arsenal. Just Awesome,

Reply
Drew

Looks good to go – want to to try it.

Reply
Bill Ransom

Thanks for the idea!

Reply
Joe

Nice letter … can’t wait to use it.

Reply
Benny L Higdon

Good update.

Reply
Colleen Alaniz

Thanks for passing this on for free!

Reply
Roy Leach

I like the bullet points. Makes more whitespace so it’s easy to scan (as you mention)

Reply
Shelton Brown

Thank you…

Reply
Allan Lake

Sounds great!! Cant wait till USE IT..

Reply
Lillian Dilaurenzo

Love the letter simple, and looks effective.

Reply
William Roberts

Straight forward. Might be used to shop other bids? Who Knows? Gotta try it!

Reply
Vincent Robertson

Vincent Robertson;
thank you very much for this golden nugget. This makes the process much easier.
Sincerely;
Vincent Robertson
3/24/2017

Reply
Marie Rava

THE LETTER IS GOOD BUT HONESTLY IT ISN’T ALL THAT… I CAN’T PUMP IT UP TO MAKE IT MORE THAN IT IS.

Reply
Joan Van blake

Joan Very nice letter, Do you have any concern that this letter of intent will be used to shop other bids?

Reply
    Debra Garcia

    You system is rigjt down to doing to system. Easy to understand. I built a web site and couldnt believe people was actually responding to it. Thank you for you down to earth approach making it come to life

    Reply
    Debra Garcia

    So excited to get your letter of intent

    Reply
Jerry Katzman

great letter. I really want to know do you use this with detail to go under pre contract. What is confusing is that when you have a wholesale property and you have a buyer from your buyers list. You cannot fill out the assignment doc for your buyer before you have a contract in your name? Therefore aren’t you putting out your own money first before you get the buyer to send in his money? Also FHA housing deals are not assignable. Please advise

Reply
Michael Sanderson

Great letter, not aggressive or intimidating for the seller. If it was myself receiving the letter, I would hold on to it for the future.
As always, great information.
Thank you
Mike

Reply
Drew

Sound good, can’t wait to try all your new items.

Reply
Dan

Great leter.

Reply
Bill

What about other options beside cash.

Reply
Charlie Ericson

A little late to the party here, but i like the letter; it’s concise, informational, not too wordy- and informal- Relaxed. As you say, not demanding- should put a homeowner at ease and stand out from all the other, more formal and perhaps more insistent communiques out there. Good Job!

Reply
Braylon

Love all of the things that you are put out, can’t wait to implement the letter of intent. Thanks

Reply
Samy

This letter of intent is great!

Reply
Heather Felton

Great followup letter!

Reply
Wanda Tanner

Thanks, I need this letter.

Reply
Brenna Michel

This is exactly what I needed, Thanks JP!

Reply
Stephen Eaton

Hi Guys, I thank you for this letter, I really needed it.

Reply
Gil Niedenthal

Yes – please count me in!!

:-))

Reply
Charity Akers

Hey I need this! 🙂

Reply
Cheryl Bemis

Thanks for sharing. The free information is great. Your LOI looks very professional will make a great template.

Reply
Clifton Williams Jr

Great letter can’t wait to use it in my business you guys really over deliver with your real estate information

Reply
Moises Dominguez

Great stuff!!

Reply
Ibrahim

Awesome love it good info

Reply
Robert Evans

I couldn’t download your letter, please advise

Reply
Robert Evans

I think the letter is great, and I will use it when appropriate.

Reply
Frank Sherman

Thank you so much for the material you provide.

Reply
DONNA SHARPE BRADEEN

sounds pretty good to me

Reply
George Boley

Awesome information. Please send me the LOI.

Reply
Andrew Goltz

nicely written letter.

Reply
Daniel Greenlee

Love the free products, keep them coming!

Reply
Earl

Great Letter

Reply
Gil Niedenthal

Thank you sooo much Patrick. This and ALL of your stuff is very helpful.
Gil N.

Reply
James Brown

I like this letter very much and I’m looking forward to using it.

Reply
Jason Keeling

I liked this resource because it’s use was detailed and the content of the letter serves multiple means. Marketing, listing the benefits to the seller(s) and outlines what you’ryou’re there to solve for the seller (s).

Reply
jon

great that you share so much. solid pro-level info!

Reply
Edgardo Cortez

This is awesome stuff, thanks guys.

Reply
Bernee

Glad to find out about this idea – it is new to me. I like how you designed it so that it doesn’t sound like a motivated buyer, yet lets them know they can call you down the line.

Reply
Edgardo Cortez

This is great what you all are sharing. Thanks All.
edcortez8888@gmail.com

Reply
Virgil Pratt

Outstanding video on Letter of Intent thanks for the Update. Like the Awesomeness JP!

Virgil P.

Reply
Joelle Ballariel

Thank you for the information. This letter will be helpful!

Reply
Jerry Konecki

Your letter is a good idea and tactic.

Reply
Russell Bennett

I like you guys thinking in todays Real Estate Market

Reply
all

sounds like a good thing to do

Reply
Ron Dancer

I think what all of you have created and accomplished is just outstanding!
Great work!
Ron Dancer
rgdancer77@gmail.com

Reply
Jack Easton

A little confused about negotiating and lead generation.

Reply
Sabrina Shaw

I appreciate your willingness to share and be real. Great info. Thank you.

Reply
Robert Killgo

You guys keep giving away stuff instead of being greedy. THANK YOU!

Reply
David Mulready

thank you for the letter and points, really crucial to have.

Reply
Bruce Macumber

Thanks Patrick…Great letter,super helpful

Reply
Thomas Dyson

Thanks Patrick Awesome

Reply
Kevin Morrison

Im knew and never heard about a letter of intent. Thanks guys!

Reply
    Patrick Riddle

    Hey Kevin, welcome to the world of real estate investing. Glad to have you here at Awesome REI 🙂

    – Patrick

    Reply
David Eldred

Why do you guys keep giving all this great stuff away? I’d sell these, but maybe that’s why you guys are “awesome”.

Reply
Leave a Reply:

Share This