Locating Apartment building owners

[Howie Baker]

I know CoStar offers their product to show apartment buildings, but it is very expensive! It seems several apartment owners are hidden behind LLC's or other corporate entities. Is there a good solution to finding contact info on these apartment building owners? I am happy to do the legwork, but I would appreciate knowing the best approach! Any good ideas?

[Darrell Bratton]

@Howie Baker, I have been very successful at (so far) by calling property management companies and asking if any owners of MFUs are thinking about selling. I am working a small market. I now have two people with multiple properties who are will to talk to me about my buying their properties. I spoke to them last week for the first time and I am working on getting the second phone call and building the relationship. I feel confident that some deals will come out of this. I am also going to check the tax records of the county in which I am working. I am reading Multi-Family Millions by David Lindhal (A BP podcast guest) and he suggests a direct mail campaign so I am going to start that. I am using the county tax records to save money. I have not heard of Reonomy but thanks to this discussion, I will check out that service. I hope this helps,

Darrell