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Updated 10 months ago on . Most recent reply
![Daniel Lozowy's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1453152/1621512447-avatar-daniell423.jpg?twic=v1/output=image/crop=1515x1515@0x153/cover=128x128&v=2)
Most effective way to reach to property owners
If you've got the NAME and ADDRESS, what's the best way to contact the owners. If that helps I'm looking at 6-12 units, independently owned apartments.
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![Evan Polaski's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1656094/1621514530-avatar-evanpolaski.jpg?twic=v1/output=image/crop=1932x1932@91x635/cover=128x128&v=2)
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@Daniel Lozowy while I think cold calling is fine, it has not worked for me. And even the direct mailing of letters, both hand written and typed varieties, yields little. I am debating adding an actual rough offer into my letters, as I think sometimes calling or writing and essentially asking if they have considered selling almost always gets a no because the owner assumes you will lowball them, like most other investors. But digging into old rental listings can help you get a better understanding of what their financials SHOULD look like, and allow you to put a real number on paper.
I have not tested this theory yet, but I figure it will get people's attention better if they have an idea as to what they might be able to sell for. I understand there are risks to this too, but putting an offer, with the caveat of based upon complete financial review, might be more enticing for owners on the fence.