Multi-Family and Apartment Investing
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 8 years ago, 02/07/2017
Finding off-market Multifamily Deals: In Detail!!
Hello BiggerPockets,
I am wondering if the same principles applied to finding off-market single family residential deals would apply to those in search of finding off-market multifamily (triplex & up) deals. The reason that I am asking is that it is very hard to find a good selection of (triplexes and quads) in my area but I have driven around and have seen plenty that could be written letters to with intent to purchase.
How would you go about contacting the owners of these properties?
* Direct mail campaign that singles out owners with large equity & absentees
* Handwritten letters sent to the mailing address of the owner of the complex.
* ETC
Please help in brainstorming or sharing some stories on how you've found some great off-market multifamily properties to acquire.