US Postage Stamps

[Stephen De Vita]

Hello, 

I am not sure if this is in the correct place to post this. I am buying multifamily properties and reaching out to owners. I am sending 300 letters every 4-6 weeks. I was told getting USPS forever stamps is the best route. However they seem a little expensive even if I get them at Costco, a pack of 100 is about $72. Does anyone know a better deal for stamps? They have to have the US flag on it. If you have any other ideas I am open to hear them.

Stephen

[Michael Quarles]

Stamps are almost like currency.  The reason for forever stamps is because the cost doesn’t increase.  

You can also use what is classified as a “Standard” stamp and as mention a machine presort stamp.  Both require a postal permit so the saving is gobbled up fast.  Only worth it on large mailings. 

Suggestion: reach out to anyone marketing a unit for rent on the web, sign or newspaper.  Hard to find however you can call them since they supply their number.  

You can also begin making relationships with property management companies. They have a mental list of hard to collect rent addresses and they may help connect you and the owner. 

Although if a good property they probably would grab it themself. 

I've also found hard money lenders a great resource for lists of distressed owners of units. Nice thing about HML is they are easy to convert into a lender.