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Updated about 14 years ago on . Most recent reply

User Stats

377
Posts
56
Votes
Tony Nguyen
  • Investor
  • Tampa, FL
56
Votes |
377
Posts

Are letters to multi family owners effective?

Tony Nguyen
  • Investor
  • Tampa, FL
Posted

Hey guys,

I am sure marketing has many variables to consider to determine if it's effective or not, but do any of you see results from these letters? If so, what kind of letters are you sending?

Also, anyone used DAVE LINDAHL's letters yet? I bought his muti family package and its got some good letters in there, but want to see if anyones used them yet with success (or failure!). Would love to hear your thoughts - thanks!

:D

Most Popular Reply

User Stats

90
Posts
26
Votes
Andy More
  • Residential Lender
  • Columbia, MO
26
Votes |
90
Posts
Andy More
  • Residential Lender
  • Columbia, MO
Replied

I've done one mail campaign to multifamily property owners with great success. I sent out 80 mailers, got 8 calls, bought one 7 unit building and made 68k. I sent a letter to every property owner in my town that owned 5+ unit property between 100-300k. My second campaign will be any number of units, up to 500k, with atleast 30% equity.

I've never used any "gurus" system and just did what made sense to me.

Good Luck

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