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All Forum Posts by: Hayden Wright

Hayden Wright has started 13 posts and replied 84 times.

Post: What does a headache multi family property look like?

Hayden WrightPosted
  • Rental Property Investor
  • Houston, TX
  • Posts 87
  • Votes 69

@Richard J Whitmore III I’m not a realtor, but I am interested in multi family because it is more scalable.

Post: What does a headache multi family property look like?

Hayden WrightPosted
  • Rental Property Investor
  • Houston, TX
  • Posts 87
  • Votes 69

@Richard J Whitmore III thank you for your response Richard. I am looking for a deal now. Congrats on the 17 units!

Post: What does a headache multi family property look like?

Hayden WrightPosted
  • Rental Property Investor
  • Houston, TX
  • Posts 87
  • Votes 69

I use PropStream to pull lists of multi family properties which I reach out to via handwritten letter, phone calls, and texts. I want to niche down on the properties I target as my plan is to personalize and build relationships rather than spam and treat it as a pure numbers game.

I am currently searching for properties that have 2-100 units, out of state owners, 5+ years of ownership, and owners that have 5+ properties.

I saw recently on the BP forums that owners will NOT sell properties that have little to no vacancies, do you agree with that?

What other criteria should I be looking for that may be an indicator of a head ache property in another investors portfolio?

I really appreciate your input!

Post: How do you reach out to multi family owners?

Hayden WrightPosted
  • Rental Property Investor
  • Houston, TX
  • Posts 87
  • Votes 69

@Wale Lawal Thank you, Wale! I totally agree, small consistent action adds up and that’s what I’m focusing on now.

Post: How do you reach out to multi family owners?

Hayden WrightPosted
  • Rental Property Investor
  • Houston, TX
  • Posts 87
  • Votes 69

@Cody L. Thanks Cody, that sounds great. I will be sure to reach out to you next time I come across a deal.

Post: How do you reach out to multi family owners?

Hayden WrightPosted
  • Rental Property Investor
  • Houston, TX
  • Posts 87
  • Votes 69

@Bob Stevens thank you Bob! Working hard to build my network and look for deals that way.

Post: How do you reach out to multi family owners?

Hayden WrightPosted
  • Rental Property Investor
  • Houston, TX
  • Posts 87
  • Votes 69

@Andrew Carlson I promise I haven’t forgot about you Andrew! I will keep you posted!

Post: How do you reach out to multi family owners?

Hayden WrightPosted
  • Rental Property Investor
  • Houston, TX
  • Posts 87
  • Votes 69

@Cody L. Thank you Cody! I think it’s really helpful to know how the owner of a multi family property feels when they are flooded with texts, calls and letters. I am rewriting my templates now to be more personal. Thanks for the help!

Post: How do you reach out to multi family owners?

Hayden WrightPosted
  • Rental Property Investor
  • Houston, TX
  • Posts 87
  • Votes 69

@Justin G. Thanks for the response, Justin! I’m a big believer in adding value and always looking to add value at every turn!

Post: How do you reach out to multi family owners?

Hayden WrightPosted
  • Rental Property Investor
  • Houston, TX
  • Posts 87
  • Votes 69

@Eric McCarty I really appreciate the tip Eric! That sounds like an extremely useful website and I have it on my calendar to look into tomorrow!