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Updated almost 7 years ago on . Most recent reply
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Driving for $$$/Direct Market Mailing!!
Hey gang!
So, I've just started learning about real estate over the past month and haven't been able to stop reading, meeting with BP members, listening to podcasts and a countless number of other resources. I haven't purchased my first property just yet, but I wanted a little help when it comes to driving for dollars and direct market mailing. I currently live in MN and just like many markets I believe we are in a "hot" market... finding deals is tougher at the moment, not impossible... but slightly tougher... and as I'm doing property analysis I'm just not seeing the type cash flow/cap rate I'd like to see.
With that being said, I'd like to tap into the world of driving for dollars and direct market mailing to see if I can get my hands on an off market deal. My current debacle is if drive by a home and have some interest in it, is there anyway for me to find out if the property is a multi family home (which is what I am interested in) aside from just looking for multiple mail boxes or multiple utility meters? I don't think I am able to see this kind of information online on the country's website, and if so, I must not be looking in the right area.
Any help or tips would be greatly appreciated!
Thanks!
Most Popular Reply
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Hey Patrick!
A few tips on the determining what type a home may be would be to check Realtor.com (I have found that to be more accurate). It will say either single family or multi-family. Try downloading apps such as Homesnap which is one of my favorite apps for looking at properties. Also network with local agents in the area. I would be happy to research a property for you anytime if needed if you can't find information on it. Just message or text me the address!
Good Luck!