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Updated almost 6 years ago,
A question about mailings
Hi,
This is my first post after just learning about this community and world after a roller coaster ride of a weekend almost buying a second property that ended up being a lemon (that without real knowledge seemed awesome)!
My spouse and I are in the process of absorbing all we can, with special thanks to J Scott and Brandon Turner, and of course, Josh for setting up such an amazing resource. We're replacing TV at home with the podcast for now until we figure out which way(s) to go.
For now, I have a simmering question that I am struggling with as a newbie.
We live in DC proper, and bought a place right in DC - a new construction recently. I realize now that our house, while it's likely to appreciate, is such a missed opportunity since we could have househacked or bought a multifamily!
No use crying over spilled milk there, but this is my confusion. We get mailings from investors often. Before I understood this community a bit more and the significance of not relying on MLS, I thought the volume was frustrating, but now I'm trying to figure out where there's some asset here I'm missing. What are they seeing in this that I'm not? Is this because it's a 3 bedroom with garage and any of those are worth mailing? I saw or read that was a perennially strong single family home investment. Or is it because they are running a calculator and we are at potential for something else? What makes you send a mailing? Is it just strict calculations? I'm trying to get what kind of money there is to be made on what we already have.
Thanks for any general guesses you might be able to make without the property address!