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ForumsArrowMulti-Family and Apartment Investing ForumsArrowWholesaling or birddogging apartments
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Start a Discussion

Wholesaling or birddogging apartments

13 Replies

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  • 1
Avery Gilmer
  • 159 posts
  • 21 votes

Avery Gilmer
Investor from Phoenix, Arizona

posted over 4 years ago

Anyone investing in apartments? You mind sharing your success.

I just started marketing to apartment owners and the response rate has been much higher than residential.

Giovanni Isaksen
  • 308 posts
  • 220 votes

Giovanni Isaksen
Investor from Bellingham, Washington

replied over 4 years ago

Hello @Avery Johnson Congrats on getting a good response rate. What markets are you prospecting in? What size properties are most of the responses?

Avery Gilmer
  • 159 posts
  • 21 votes

Avery Gilmer
Investor from Phoenix, Arizona

replied over 4 years ago

Thank you @Giovanni Isaksen I market in Phoenix and Tucson, Arizona. I've contacted owners that own complexes with 20 units and under.

Patrick O'Sullivan
  • 52 posts
  • 12 votes

Patrick O'Sullivan
Real Estate Broker from Phoenix, AZ

replied over 4 years ago

Hello @Avery Gilmer how are you marketing to the apartment owners? Direct mail, phone calls, other?

Avery Gilmer
  • 159 posts
  • 21 votes

Avery Gilmer
Investor from Phoenix, Arizona

replied over 4 years ago

Hello @Patrick O'Sullivan I code call first & if I can't get in touch with the owner I'll send out yellow letters

Patrick O'Sullivan
  • 52 posts
  • 12 votes

Patrick O'Sullivan
Real Estate Broker from Phoenix, AZ

replied over 4 years ago

@Avery Gilmer

How is the marketing going?

Erick Martinez
  • 75 posts
  • 4 votes

Erick Martinez
Buyer Coordinator from Surprise, Arizona

replied over 4 years ago

@Avery Gilmer  how do you get the numbers of the apartment owners?

Avery Gilmer
  • 159 posts
  • 21 votes

Avery Gilmer
Investor from Phoenix, Arizona

replied over 4 years ago

@Erick Martinez  I use different skip tracing websites like 411.com zabasearch.com TLO.com intelius.com 

Erick Martinez
  • 75 posts
  • 4 votes

Erick Martinez
Buyer Coordinator from Surprise, Arizona

replied over 4 years ago

@Avery Gilmer  Okay, how did you know who's name to search up? 

I'm sorry if I'm asking such rookie questions, I really new to this. Thank you for the advice Avery. 

Avery Gilmer
  • 159 posts
  • 21 votes

Avery Gilmer
Investor from Phoenix, Arizona

replied over 4 years ago

No problem.  So I get my list of addresses from my title company & in that list it has the owners name & their physical address along with the subject property I'm interested in.  So once I skip trace their name or physical address it's going to give me their phone  numbers. If the numbers aren't accurate or disconnected I will send them a yellow letter 

Avery Gilmer
  • 159 posts
  • 21 votes

Avery Gilmer
Investor from Phoenix, Arizona

replied over 4 years ago

@Erick Martinez  

Matt Skinner
  • 111 posts
  • 113 votes

Matt Skinner
Developer from Nashville, TN

replied over 4 years ago

I own/buy in those AZ markets and am very interested in 20+ units and am happy to pay a fee for assignment.

Great marketing plan. We do the same in Los Angeles.

Erick Martinez
  • 75 posts
  • 4 votes

Erick Martinez
Buyer Coordinator from Surprise, Arizona

replied over 4 years ago

@Avery Gilmer  Wow that's a great idea. Thank you for the advice Avery, much appreciated

Jack Martin
  • 92 posts
  • 79 votes

Jack Martin
Specialist from Scottsdale, AZ

replied over 4 years ago

@Matt Skinner I have a nice C+ 18 unit property in Arizona available right now, running just under a 10 CAP on actuals. Area is about 8 CAP.

Shine on,

Jack

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