All Forum Posts by: Account Closed

Hariharan Swaminathan, if you cant make the large group meetings there are also smaller subgroups depending on your area. I.e. rock hill, concord, matthews etc.

the address for the event tomorrow is
Event Location: Hilton Hotel
Address: 5624 Westpark Drive
Directions: I-77 & Tyvola Rd.

Exact location of the general meeting every Third Thursday of the month.

let me know if you have any more questions. always glad to help. Click the Vote button on this post so that I know it helped you or not.

talk to you soon!

welcome Hariharan Swaminathan. I suggest you check out our local Charlotte REIA. A beginners meeting is tomorrow at 6. I highly recommend you show up if you're serious in taking your interest in real estate to the next level. Google MetrolinaREIA . Let me know if you have any more questions and feel free to contact me.

talk to you soon.

Bill Gulley, thanks for the reply to this thread, I think its becoming something that'll be a good source for other people just besides me that had that same question in mind with regards to finding off-market multi properties. I wonder if there are a few retiring landlords at my local REIA.......? Either way I certainly am very personable but still have lingering shyness so I will have to use your never met a stranger mentality and really dig in.

Jon Klaus, thanks for chiming in on the discussion! It looks like Bryce just replied so I'm going to hear what he has to say on the mailings.

Blaise P., Thanks for that creative thought, I never looked at it that way so it is certainly something that I need to dig deeper into. Are we talking county tax assessors records for that type of info that you're referring to? Hopefully you'll reply back to go into more detail but amazing idea!

Kevin Young, Hey I certainly like the constant connection that you have with these individuals in order to keep ideas in the pipeline. First stop for me after jumping off this post is marking down those brokers that are listing on loopnet. I certainly thing you should write an article on just that alone. Sample title: How to maintain contact with your Brokers etc. Thanks again!

Bryce Y., congrats Bryce on closing on that 4-unit. Thats exactly what I am in the market for currently. Could you go into further detail on how you and @jerry puckett compiled this list or is this one of his services? any further details you can share would certainly help me and others that are reading this thread!!

keep the Thread strong.

Bill Gulley, I'm assuming that once I find target buildings like you mentioned (triplexes, quads etc), I could find out who the owner is by knocking on doors or just doing some research on county tax assesors website?

I think thats amazing that you were able to get 20 deals from just saying hello. Would you have any interest in doing an article on BiggerPockets for readers like me on that subject in detail? thats great stuff as most people would like to connect with owners not over yellow letters.

Ned Carey, I will go find out where the rent court is at my local county courthouse and start pulling those files! thanks again Ned.

Kevin Young, I have tried contacting a few brokers through the loop net but most dealt with larger multifamily properties, but I definitely will have to give that a shot and I think thats a fantastic idea. How often do you touch base with your brokers to see if they have any new deals in the pipeline or do you have it set up that they just reach out to you?

Dennis Tierney, i didn't consider that route but definitely one I could utilize. I'm looking more for commercial properties in the B space, and most of the connections that I have deal with A-class primo stuff. I'm guessing a good source to find brokers would just be a google search in the area correct?? Thanks for getting my creative juices flowing.

Bill Gulley. That is exactly what I want to hear!! The retirees would be a win-win. I take a property off of their hands to get myself into the deal and they are able to continue that income stream hassle free. Any data sources that you use to collect info on where these properties with these specific target criteria are located? That'd be helpful! otherwise you've set me on the right track to ask the forums on how to accomplish that.

Keep up the replies and posting!

Ned Carey, you always are providing solid advice. Where can I find eviction info? Courthouse? and then Ill also have to find out where I can get info on those that have owned that long and out of staters.

I know that listsource offers a way to gather that info. is there any way specifically that you use to compile that info on multifamily or triplex quadplex properties? as far as i know you can only use that for single families but i may be wrong.

thanks Ned

Hello BiggerPockets,

I am wondering if the same principles applied to finding off-market single family residential deals would apply to those in search of finding off-market multifamily (triplex & up) deals. The reason that I am asking is that it is very hard to find a good selection of (triplexes and quads) in my area but I have driven around and have seen plenty that could be written letters to with intent to purchase.

How would you go about contacting the owners of these properties?

* Direct mail campaign that singles out owners with large equity & absentees
* Handwritten letters sent to the mailing address of the owner of the complex.
* ETC

Please help in brainstorming or sharing some stories on how you've found some great off-market multifamily properties to acquire.

David Weiss thanks for coming back in and finishing where I left off. I think that William Ward should have a solid game plan going forward whether that be birddogging or wholesaling with an adult family member. That also give me some insight into how when you're short on equity (as which is the case with most teenagers and young college grads such as myself, you're long on time which allows you to make those connections and spend time birddogging). The best part is that you're learning along the way so that when you do jump in doing the wholesale gig you know exactly how to go about it.

Great thread!!!!

William Ward, Albeit you being 14, i'm sure you have parents or a relative that you can have "work" for you to accomplish these goals. They obviously would be the ones doing the contract work since you are a minor but this would still allow you to gain the knowledge and participate instead of having to wait until you're 18. So I definitely agree with what David Weiss is saying but if you're creative enough you can get started today. Keep learning and then see if you cant get your parents involved so you can get over the age hurdle.

I agree with Shane Woods on Driving for $$, Just write up a handwritten simple yellow letter to the owners.

A good thread on samples from @michael quarles:
https://www.biggerpockets.com/forums/93/topics/77689-marketing

With regards to direct mail campaigns I'd go with either Quarles or @Jerry Puckett, generally you'll be able to set yourself a budget that'll fit with their prices.

gotta spend some $$ to make some $$.

Cheers!!