What's the best way to market off-market apartment deals in TX?

[Chris Murdien]

Hello BP Community!

I just got an apartment complex just outside of Houston (League City) under contract and I'm super excited! What is the best way to market this opportunity to qualified buyers?

Chris

[Cody L.]

Originally posted by @Chris Murdien:

@Dennis Maynard Is this the proper forum to market a deal?

Why do you recommend I get my license when a license isn't required to conduct real estate transactions?

 Actually a license is required if you want to make a fee on a property that isn't yours.   
Not sure if you sent me this (?).  I get emails every day (multiple) from brokers who have deals.   When they're super vauge because they don't really have the property under contract or under a listing agreement I normally delete them.  I don't really have time to play the game with wholeseller who want to dance around where the property is or the info because they're not really in control of the asset.

I'd rather someone say "I have a deal for you.  This is the address.  They'll sell for $x".  Then if I buy it, pay them a fee for bringing me the deal.

So send me something like that, and I"ll buy it.

In terms of how you market it -- find who the real buyers are in a submarket.  In my submarket (mostly inner loop Houston), 7 people did 80% of the transactions.  So you don't need to blast to 10000 people who will waste your time.  Market it to the actual real buyers who can and do close.  They're not hard to find.