All Forum Posts by: Omayra C.

He said he has not had it appraised and he really doesn't know what he wants for it, so I guess I will put in an offer and see what he thinks. Thank you all 😊

@Claire Trammell @Davey Wilde @Rick H.. Thank you all for you responses I will definitely try everything you suggested. Thank you again.

Hi 

I had a very old guy contact me, he owns 18 units and they are free and clear but my problem with it is they are all Efficiencies, they are only 70% occupied with long term tenants because the rents are very low and he has never raised them. The property does have defer maintenance and he manages himself and he wants to get rid of the property because of failing health. Should I stay away from this type of property due to it being just efficiencies.  I have been taught that the best properties are the ones with a good unit mix. Any advise?

I am at a lost on what to write on a direct mail letter to find motivated sellers of multifamily properties. I am told so many different things such as writing to let them know of their depreciation ending soon to not paying realtor commissions.  Has anyone had any success with a mail piece that has brought them good prospects? If so, what do you normally say to them? Do you use yellow letters, professional letters or postcards or do you alternate? Which mail piece has worked the best? I normally send to targeted list of 15 years or more and only 5 to 30 units but only had a few good ones and I feel as my mail piece is just not working good enough or I am just not writing the right thing to get them to call.  Anyone with experience doing this for multifamily properties please help.  Thanks.

@John Kent thank you for the welcoming. I am looking forward to letting everyone know of my progress. Thanks again.

@Justin Stamper thank you for the welcoming and I'm glad you like my website. I like yours too, I love the doggie picture since I am an animal lover 🙂

Thank you @Andrew Davis, I will definitely keep your info handy 😊

Thank You @Steve Smith, @Mark Nolan

Hello everyone!

My name is Omayra Carroll and I am a full time real estate investor from Orlando Florida. I have purchased residential properties but I am venturing into multi family properties specifically of 5+ units but not in my backyard as these types of properties here tend to not cash flow very good due to their high prices. 

I have come to biggerpockets to educate myself more from others on biggerpockets. I am looking forward to a great experience. 😊