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Updated about 5 years ago on . Most recent reply

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John LaVecchia
  • Contractor
  • Mooresville, NC
5
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67
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Finding small multi family properties

John LaVecchia
  • Contractor
  • Mooresville, NC
Posted

I’m in the Charlotte market and I’m having a hard time finding 2-4 unit apartment buildings for sale. I’ve been considering direct mail, but I have a few questions.

How many should I expect to send to find a deal?

Where can I find a list of owners?

What filters should I use for the list?

Thank you for the help!

Most Popular Reply

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306
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Chris Salerno
  • Rental Property Investor
  • Charlotte NC
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306
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Chris Salerno
  • Rental Property Investor
  • Charlotte NC
Replied
Originally posted by @John LaVecchia:

I’m in the Charlotte market and I’m having a hard time finding 2-4 unit apartment buildings for sale. I’ve been considering direct mail, but I have a few questions.

How many should I expect to send to find a deal?

Where can I find a list of owners?

What filters should I use for the list?

Thank you for the help!

 John, I hope all is well. I live in Charlotte NC too. 
I would connect with a local agent. You will see a lot of 2-4 units on the MLS. You can also connect with local wholesalers. Doing a mailing campaign will take 6-9 months and also a lot of money upfront. You can also cold call which in my opinion wil be the best bang for your buck.

You are able to use upwork to find a data scraper. He would be able to pull from tax records all properties that are zoned 2-4 units in the markets you want to focus on. 

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