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Updated over 8 years ago, 03/30/2016
Ever talk to direct mail cash buyers that want your property?
I have received a direct mailer about my multifamily properties at a rate of about 1 every 2 months but recently it's been more like 1 per week. I'm guessing since I'm an out of state owner in San Francisco with properties in upward trending Dallas and St Petersburg markets that I have a big target on my name within their list source search.
Since I'm cashflowing well I'm not planning to sell any time soon but even if I was I would put my properties on the MLS for all buyers to compete over so I could get the best offer. Today I got one that actually got my attention - to paraphrase it read something like this
"I know you get these letters all the time and also know you think I am going to give you a low-ball offer. I do know the Dallas multifamily market is strong and I plan to make you an offer that is competitive"
Wow, this is getting interesting! She gets me!
Any way, I'm just wondering if anyone other investors with a strong performing property ever check in with these guys to see if they are really worth talking to when you aren't a desperate, motivated seller just looking for an easy exit.