Do you do direct mail to Apartment owners?

[Marc C.]

Curious how many are doing direct mail. We are getting some success that way, as I described in another thread. The people who respond are over 70 and looking to retire. I make sure they get some kind of LOI/offer within 72 hours. Paying no commission and seller financing options seem to resonate with these folks.

I just wish I'd been doing direct mail all along instead of just looking at broker's listings. 

[Brian Adams]

@Marc C., congrats on your success. I bought a 200+ unit deal in 2014 using DM and it has been the best deal. Here is a link for you:

Bought 200+ Unit Apartment Complex, Increased Value Over $4 Mill

I buy 100 to 400 unit deals and doing DM again. Haven't yet had a good lead yet, but as you probably know it only takes one deal.