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Updated almost 5 years ago on . Most recent reply

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49
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Micah Haworth
  • Rental Property Investor
  • Minneapolis, MN
35
Votes |
49
Posts

Off Market Househack Deals Minneapolis

Micah Haworth
  • Rental Property Investor
  • Minneapolis, MN
Posted

My wife and I are looking for our first property in Minneapolis. We are looking to Househack a Duplex - Quadplex with 3bed 1 bath units. Hard time finding deals. Nothing passes the 1% rule not even thinking about the 2%. So I am exploring off market deals. I am looking on buying a list of addresses from listsource.com but not sure which parameters to look for (remote owner, foreclosure, etc) any tips on what parameters have been the most helpful to you would be great! As well as any tips on what to include in the letters we're gonna send out! Thanks!

Most Popular Reply

User Stats

387
Posts
303
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Adam Tafel
  • Real Estate Agent
  • St. Paul, MN
303
Votes |
387
Posts
Adam Tafel
  • Real Estate Agent
  • St. Paul, MN
Replied

I'm currently running a pretty aggressive off-market 2-4 unit search in the St. Paul area. I pull addresses with Certificates of Occupancy from the .gov website (google it). Then check the tax records, and use a whitepages premium account to pull phone numbers. Responses are overwhelmingly positive, you just have to know how to enter the conversation. Probably 1/10 calls have some interest in selling (at some point in the future, for the right price)... these strategies can be discouraging at times, it's all about consistency and getting over the fear of rejection. Feel free to reach out if you'd ever like to discuss, good luck!  

  • Adam Tafel
business profile image
Upside Property Sales
4.9 stars
64 Reviews

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