Wholesaling or birddogging apartments
13 Replies
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
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
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
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
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
Real Estate Broker from Phoenix, AZ
replied over 4 years ago
How is the marketing going?
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
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
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
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
Investor from Phoenix, Arizona
replied over 4 years ago
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
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
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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