All
Members
Companies
Blog
Forums
Podcast
Webinars
    User Log in  /  Sign up
  • Forums
    Newest Posts Trending Discussions Followed Forums Real Estate News & Current Events General Landlording & Rental Properties Buying & Selling Real Estate Deal Analysis See All
  • Education

    Read

    BiggerPockets Blog BPInsights: Expert Analysis Guides Glossary Reviews Member Blogs

    Watch

    Webinars Video Library Financial Independence Blueprint Intro to Real Estate: Rentals

    Listen

    BiggerPockets Real Estate Podcast BiggerPockets Money Podcast BiggerPockets Business Podcast Real Estate Rookie Podcast Daily Podcast (Audio Blog)

    Topics

    Business Operations Finance Finding Deals Property Management Property Types Strategy
  • Network

    Recommended Vendors

    Real Estate Agents Mortgage Lenders Companies Hard Money Lenders Contractors Investment Companies

    Search

    Members Events Jobs
  • Tools

    Calculators

    Rental Property Fix and Flip BRRRR Rehab Estimator
    Wholesaling Mortgage Payment 70% Rule Airbnb

    Services

    BPInsights: Property Insights Tenant Screening Property Management Lease Agreement Packages

    New Feature

    BPInsights (beta)

    Quickly analyze a property address or ZIP Code to compare your rent in your neighborhood.

    Analyze a property
  • Find Deals
    Real Estate Listings Find Foreclosures External Link Ads, Jobs, and Other
  • Bookstore

    Real Estate Books

    Profit Like The Pros Bidding to Buy See all books

    Featured Book

    BiggerPockets Wealth Magazine book cover
    BiggerPockets Wealth Magazine

    Written by financial journalists and data scientists, get 60+ pages of newsworthy content, expert-driven advice, and data-backed research written in a clear way to help you navigate your tough investment decisions in an ever-changing financial climate! Subscribe today and get the Oct/Nov issue delivered to your door!

    Get the Magazine
  • Pricing
Log In Sign up
User
Quick search links
Podcast Hard Money Lenders Books Washington
ForumsArrowMulti-Family and Apartment Investing ForumsArrowMARKETING LISTS/OFF MARKET DEALS
  • Newest Posts
    • Newest Posts
    • Unanswered Discussions
  • Trending
    • Top Discussions
    • Trending Discussions
  • Browse Forums
Search Nova
Create post

MARKETING LISTS/OFF MARKET DEALS

7 Replies

  • Share on Facebook
  • Share on Twitter
  • Share on LinkedIn
Rotate Log in or sign up to reply
user profile avatar
Check Rosette Top Subjects:
Analyze Deals, Real Estate Finance, and Traditional Financing
  • Posts 293
  • Votes 137

Jordan Santiago
Investor from Queens, NY

posted about 1 year ago

Hey BP,

So I really want to get my feet wet with marketing to property owners of off market large apartment complexes. Obviously, most of these assets are owned by LLC's, and I think its safe to say that LLC's are a little harder to skip trace then the owners regular name. Is there a website, a spot, or something in that nature fellow apartment syndicators go to to gather data to market to? Is it just as simple as researching the county site? What if you're targeting multiple markets.

I am not looking to pay the national CoStar price of $1,000+ a month, and don't blame you if you want to share what you are using. I think one of my strong suits are using different marketing avenues effectively in my wholesaling business, and think it can carry over.

I know broker relationships can yield off market opportunities as well, but I don't want to JUST depend on that. Would you guys/gals recommend something?

Rotate Log in or sign up to reply
user profile avatar
Check Rosette Top Subjects:
Team, Rentals, and Analyze Deals
  • Posts 67
  • Votes 37

Michael Reilman
Rental Property Investor from Cleveland, OH

replied about 1 year ago

I know you don't want to go through a broker, but finding out the owner and building a relationship with the owner is what they do ALL DAY. I have had great experiences working with brokers and as a buyer, it's the seller that is paying their services. 

I've heard mixed reviews about reonomy.com. It's more affordable but have heard that its TrueOwner feature still isn't 100% accurate. I've never pulled the trigger on any data services like that just because I personally think that brokers are just the most efficient way to find off market deals. 

Rotate Log in or sign up to reply
user profile avatar
Check Rosette Top Subjects:
Analyze Deals, Real Estate Finance, and Traditional Financing
  • Posts 293
  • Votes 137

Jordan Santiago
Investor from Queens, NY

replied about 1 year ago
Originally posted by @Michael Reilman :

I know you don't want to go through a broker, but finding out the owner and building a relationship with the owner is what they do ALL DAY. I have had great experiences working with brokers and as a buyer, it's the seller that is paying their services. 

I've heard mixed reviews about reonomy.com. It's more affordable but have heard that its TrueOwner feature still isn't 100% accurate. I've never pulled the trigger on any data services like that just because I personally think that brokers are just the most efficient way to find off market deals. 

Hey Michael, thanks for the input. I hear you. Its not that I don't want to go through a broker. I don't mind it at all. Its just that I don't ant to rely JUST in brokers. I want to have my own direct to seller deal flow as well. I have too heard mixed reviews about Reonomy.com.

 

Rotate Log in or sign up to reply
user profile avatar
Check Rosette Top Subject:
Team
  • Posts 151
  • Votes 106

John Barrows
Real Estate Broker from Auburn, WA

replied about 1 year ago

Be advised, NO COMPANY has "UP TO DATE" information that you'll be paying for unless they are brokers doing the leg work. The COMMERCIAL brokers have bull pens of people, on the phones, sifting this information, updating their "BOOKS OF BUSINESS", and generally combing the city, county and most times, the states for this information.

Dunn & Bradstreet will be happy to tell you they update their information every few months (BS)! These other companies tell you the same (BS). I've done it, I've paid for these CRAP LISTS. I'm going to tell you what I did that made me millions in COMMERCIAL REAL ESTATE for just $4,995.00 today. I think my point has been made.

Go to the title companies get the information, open a blank book, get on the phones and start calling. I would also suggest you may want to look at specific area's of interest, drive the area's, take note of what the area looks, what the building looks like, be able to explain to the owner what their building looks like and then, start calling. You need to sound like you know what you're talking about or you'll be DOA along with your reputation.

Bottom line, I've not ever found any company that will get me into the sellers of a large apartment complex unless you know what you're talking about and you better have a buyer in your pocket. This may sound discouraging to you but, the truth is the truth.

Good luck my friend, I only wish you huge success.

Rotate Log in or sign up to reply
user profile avatar
Check Rosette Top Subjects:
Team and Residential
  • Posts 933
  • Votes 483

Tj Hines
Specialist from Tampa, FL

replied about 1 year ago

@Jordan Santiago once you pull your list of off market owners you're looking to find, there's a way you can find who the owner of the LLC is. That's simple. Every state has an llc where they file as an entity. Here in Fl. it's "sunbiz.org" I'm pretty sure you can find what it is in your state. I think there may also be a Secretary of State website to where you just choose your state where to file. But running a simple google search should do the trick for you

Rotate Log in or sign up to reply
user profile avatar
Check Rosette Top Subjects:
Analyze Deals, Real Estate Finance, and Traditional Financing
  • Posts 293
  • Votes 137

Jordan Santiago
Investor from Queens, NY

replied about 1 year ago
Originally posted by @John Barrows :

Be advised, NO COMPANY has "UP TO DATE" information that you'll be paying for unless they are brokers doing the leg work. The COMMERCIAL brokers have bull pens of people, on the phones, sifting this information, updating their "BOOKS OF BUSINESS", and generally combing the city, county and most times, the states for this information.

Dunn & Bradstreet will be happy to tell you they update their information every few months (BS)! These other companies tell you the same (BS). I've done it, I've paid for these CRAP LISTS. I'm going to tell you what I did that made me millions in COMMERCIAL REAL ESTATE for just $4,995.00 today. I think my point has been made.

Go to the title companies get the information, open a blank book, get on the phones and start calling. I would also suggest you may want to look at specific area's of interest, drive the area's, take note of what the area looks, what the building looks like, be able to explain to the owner what their building looks like and then, start calling. You need to sound like you know what you're talking about or you'll be DOA along with your reputation.

Bottom line, I've not ever found any company that will get me into the sellers of a large apartment complex unless you know what you're talking about and you better have a buyer in your pocket. This may sound discouraging to you but, the truth is the truth.

Good luck my friend, I only wish you huge success.

 Hey John, this was a great no fluff response. I love it. Thank you so much for your honest input and kind words. 

Rotate Log in or sign up to reply
user profile avatar
Check Rosette Top Subjects:
Analyze Deals, Real Estate Finance, and Traditional Financing
  • Posts 293
  • Votes 137

Jordan Santiago
Investor from Queens, NY

replied about 1 year ago
Originally posted by @Tj Hines :

@Jordan Santiago once you pull your list of off market owners you're looking to find, there's a way you can find who the owner of the LLC is. That's simple. Every state has an llc where they file as an entity. Here in Fl. it's "sunbiz.org" I'm pretty sure you can find what it is in your state. I think there may also be a Secretary of State website to where you just choose your state where to file. But running a simple google search should do the trick for you

 Oh wow that’s great, TJ. Thank you, I will do my research!

Rotate Log in or sign up to reply
user profile avatar
Check Rosette Top Subjects:
Maintenance and Residential
  • Posts 244
  • Votes 142

Gaspare U.
Rental Property Investor from Cranford, NJ

replied about 1 year ago
Originally posted by @John Barrows :

Be advised, NO COMPANY has "UP TO DATE" information that you'll be paying for unless they are brokers doing the leg work. The COMMERCIAL brokers have bull pens of people, on the phones, sifting this information, updating their "BOOKS OF BUSINESS", and generally combing the city, county and most times, the states for this information.

Dunn & Bradstreet will be happy to tell you they update their information every few months (BS)! These other companies tell you the same (BS). I've done it, I've paid for these CRAP LISTS. I'm going to tell you what I did that made me millions in COMMERCIAL REAL ESTATE for just $4,995.00 today. I think my point has been made.

Go to the title companies get the information, open a blank book, get on the phones and start calling. I would also suggest you may want to look at specific area's of interest, drive the area's, take note of what the area looks, what the building looks like, be able to explain to the owner what their building looks like and then, start calling. You need to sound like you know what you're talking about or you'll be DOA along with your reputation.

Bottom line, I've not ever found any company that will get me into the sellers of a large apartment complex unless you know what you're talking about and you better have a buyer in your pocket. This may sound discouraging to you but, the truth is the truth.

Good luck my friend, I only wish you huge success.

 That's some great advice right there! That is exactly what I read in Best Ever Apart.. Syndication book and that is EXACTLY what I am looking to do!

Rotate Log in or sign up to reply
  • 1
Related Resources Multi-Family and Apartment Investing Forums
5 Questions to Ask Yourself If You’re Considering DIY Property Maintenance
How Much to Charge for Rent in 2021: A Landlord’s Guide
The Ultimate Guide to Lease Renewals
Landlords Should Require Renters Insurance—Here’s Why
Have Top-Notch Tenants? Here’s How to Keep Them
Resources Read, see, and learn more!
Link Real Estate Investment Calculators
Link BiggerPockets Blog
Link Path to Purchase
Link Mortgage Loans
Link Find a Contractor
Link Real Estate Agents
Link Hard Money Lenders
Link Real Estate Listings

Top Contributors

Jeffrey Donis
Jeffrey Donis
Durham, NC
9.29
Score
Justin G.
Justin G.
Indianapolis, IN
7.51
Score
Rick Martin
Rick Martin
Redondo Beach, CA
6.39
Score
Evan Polaski
Evan Polaski
Cincinnati, OH
5.56
Score
Spencer Gray
Spencer Gray
Indianapolis, IN
4.47
Score

Multi-Family and Apartment Investing Forums Trending Discussions

  • Multifamily investors: What has contributed to your growth?
    28 Replies
  • Multifamily Investors in Florida
    11 Replies
  • Guaranteed 21% Annual Appreciation? Columbus, Oh?...where else?
    18 Replies
  • Commercial Multifamily: What You Wish You Knew
    9 Replies
  • Multifamily Investment 101
    13 Replies
Log in Sign up

Log in

Forgot password?

If you signed up for BiggerPockets via Facebook, you can log in with just one click!

Log in with Facebook

Or
btn_google_dark_normal_ios Created with Sketch. Continue with Google

Let's get started

We just need a few details to get you set up and ready to go!

Use your real name

Use at least 8 characters. Using a phrase of random words (like: paper Dog team blue) is secure and easy to remember.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.

Or
btn_google_dark_normal_ios Created with Sketch. Continue with Google

Why create an account?

Receive a free digital download of The Ultimate Beginner's Guide to Real Estate Investing.

Connect with 1,000,000+ real estate investors!

Find local real estate meetups and events in your area.

Start analyzing real estate properties, we do the math for you.

It's free!

Explore

  • Membership
  • Community
  • Education
  • Marketplace
  • Tools
  • FilePlace
  • REI Resources
  • Perks
  • Glossary
  • Reviews
  • iOS App
  • Android App

Company

  • About Us
  • Press
  • Advertising
  • Careers
  • Stats
  • Contact Us

Important

  • Editorial Guidelines
  • Terms of Use
  • Rules
  • Privacy
  • FAQ

Social

  • Facebook
  • Twitter
  • YouTube
  • Instagram
© 2004-2021 BiggerPockets, LLC. All Rights Reserved.