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Updated about 2 months ago, 10/28/2024
Question about 1st time mailer campaign I'm planning
Hello everyone!
I'm an investor based out of Long Island, NY. I've currently got 2 multifamily properties here with 5 total units -- I live in 1 of them.
It's been extremely difficult to find multifamily properties that meet the criteria that I'm looking for through the MLS, and when I do, they're extremely overpriced. The last house I bought, was brought to me off-market by my agent, and it's seeming that off-market is the only way to get good properties without the MLS prices.
I've recently got a nice business card printed up, and would like to start a direct mailer campaign, using BatchLeads to find multifamily properties in the local towns that I wish to invest in.
I have a pretty strict criteria about what I'm looking to purchase at this time:
-Legal 2-or-more unit large Multifamily (not required to be owner occupied)
-Each unit should be at least 3 bedrooms (so if it's a duplex, it needs to be 6+ bedrooms)
-Sewer (not septic)
-Gas (not oil)
A lot of this information is not readily available online, so once I start my mailers, I'm sure I'm going to find people who eventually respond, but that don't have criteria which match what I'm looking for.
I feel like it would be a waste if I paid a bunch of money for direct mailers, and then someone reaches out to me to sell, but their house doesn't match the criteria of what I'm looking for -- I don't know anything about wholesaling.
What can I do to monetize these leads, or is the answer is that I need to learn