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All Forum Posts by: Miles Hughes

Miles Hughes has started 2 posts and replied 4 times.

Post: Putting together my Listsource direct mail marketing

Miles HughesPosted
  • Investor
  • San Diego, CA
  • Posts 6
  • Votes 2

Hello All, I am targeting homes in a particular neighborhood of San Diego where my Fiance and I are planning on buying first home together. We are looking for a fixer and have been unsuccessful in getting one off the mls. I am ready to hopefully find an off market seller via direct mail marketing through Listsource. My question is what would be the best guidelines for my search aside from what I already have: (aside from our desired property details such as SFR, Bedrooms, SF etc...)

Geography - Map searched our desired area

Current Home Value - $400-575k (I noticed this was very expensive to purchase, any other way to target this for less?)  

Equity - 30-100%

Last Market Sale Date - 1900-2012

Year Built - 1900-1985

 Options - owner occ, absentee owner, no corp, no trustee

Address Completeness - mailing address complete (not sure if there is a better choice here?)

These guidelines left me with 408 address's (from the original 13,000 which fit in my mapped area) which I feel is a good start.  I'm not looking to send 1000's but at the same time I'm hoping for results...so am open to suggestions!  

My intentions are to start with a yellow letter to each letting sellers know my Fiance and I are looking to buy in the neighborhood.  Then will follow up monthly for the next 3-4 months.  

Basically just looking for any insight or advice for a first time Listsource user!

Thanks in advance!

Also, our area is west clairemont, bay park, bay ho...so if any of you San Diego Wholesalers or Agents or Investors have anything or know anyone please let me know!  

Miles

Post: Good property management in San Diego?

Miles HughesPosted
  • Investor
  • San Diego, CA
  • Posts 6
  • Votes 2

Hi Edita, I'd be happy to help and offer great rates on the management fees. If you're still looking please feel free to contact me.

Post: Multi Unit San Diego 1031 Exchange

Miles HughesPosted
  • Investor
  • San Diego, CA
  • Posts 6
  • Votes 2

Hi all, I'm currently selling my triplex in University Heights in order to 1031 exchange into either more units or a good value add 2-4 unit. I'm not liking too much of what I'm seeing on the MLS so I thought I'd reach out to the BP community to see if there are any sellers/wholesalers with multi units in SD in the $675-1mil range. I recently missed out on a great 7 unit complex in Normal Heights that some of you might have seen or even bid on yourselves located on Cherokee st. I will be closing escrow on my property any day now and will soon be faced with the dreaded 45 day period to choose 3 properties. Let me know if anyone has some leads or ideas for finding something off market quickly enough! Thanks in advance!

Post: Finding Motivated Apartment Sellers

Miles HughesPosted
  • Investor
  • San Diego, CA
  • Posts 6
  • Votes 2

With access to the MLS is it possible to do the same search as what you suggested on listsource @michael q. ?