All Forum Posts by: Stephen De Vita

You can also use what is classified as a “Standard” stamp and as mention a machine presort stamp. Both require a postal permit so the saving is gobbled up fast. Only worth it on large mailings.

Suggestion: reach out to anyone marketing a unit for rent on the web, sign or newspaper. Hard to find however you can call them since they supply their number.

You can also begin making relationships with property management companies. They have a mental list of hard to collect rent addresses and they may help connect you and the owner.

Although if a good property they probably would grab it themself.

I've also found hard money lenders a great resource for lists of distressed owners of units. Nice thing about HML is they are easy to convert into a lender.

These seem like some great pieces of information I really appreciate it. I'll put them down in my notes and take them under consideration. What is a large enough mailing that would justify a standard standard? Thank you for taking the time to answer my question!

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Quote from @Account Closed:

Quote from @Stephen De Vita:

Hello,

I am not sure if this is in the correct place to post this. I am buying multifamily properties and reaching out to owners. I am sending 300 letters every 4-6 weeks. I was told getting USPS forever stamps is the best route. However they seem a little expensive even if I get them at Costco, a pack of 100 is about $72. Does anyone know a better deal for stamps? They have to have the US flag on it. If you have any other ideas I am open to hear them.

Stephen

You can do bulk mailing for cheaper but I wouldn't suggest it. Besides, if you can't afford stamps, you can't afford a multi family property. No offense. It's the mindset that matters. The taxes, insurance, legal, upkeep, vacancies will drive you nuts if a few hundred dollars ruins your day. ;-)

When foreclosures are common, (which they are not right now), I send out two thousand letters a week. But I make a ton of money on the other side. 300 letters a month will eventually get you there, but plan on it taking a while.

Thank you for your reply! It's not that I can't afford to send them out. I'm just getting started and putting things together. I'm trying to save any dollar I can at the moment until things pick up. Even if it takes me a little bit longer than expected I'm okay with that because I don't plan on going anywhere! Again thank you for taking the time I really appreciate your input!

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Hello,

Stephen

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Quote from @Account Closed:

Quote from @Stephen De Vita:

Hello,

Hope you are doing well. I am a multifamily investor in the Phoenix metro area. I am looking for wholesalers that specialize in or know someone that specializes in multifamily. I am looking for c-class properties 5-50 units. Feel free to message me.

Stephen

Are you self-funded or syndication?

Sorry for the late reply. I will be raising money for the deals.

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Phoenix, Arizona

Hello,

Stephen

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Phoenix, Arizona

All Forum Posts by: Stephen De Vita

Stephen De Vita has started 2 posts and replied 5 times.

Post: US Postage Stamps

Post: US Postage Stamps

Post: US Postage Stamps

Post: Wholesalers in AZ

Post: Wholesalers in AZ