As investors we all have heard about, used or at least seen bandit signs. You know those telephone pole cling-ons entitled “We Buy Houses”? Of course, these are bandit signs because they constantly get stolen by the cling-on sign police-the local town do-gooder, the local county manager, etc. Yep, they are only up for about 3 days before they get stolen by one of these sign bandits.
Contrary to what you’re probably theorizing right now, I do not have a cure for the bandits. The purpose here is to introduce a new idea called “Reverse Bandit Signs”. As you probably know,the “We buy Houses” groups and individuals are trying to attract sellers with their signs. However, here’s little trick that has proven to work very well.