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Multi-Family and Apartment Investing
Account Closed
  • Professional
  • Dallas, TX
17
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72
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Finding off-market Multifamily Deals: In Detail!!

Account Closed
  • Professional
  • Dallas, TX
Posted Apr 16 2013, 07:31

Hello BiggerPockets,

I am wondering if the same principles applied to finding off-market single family residential deals would apply to those in search of finding off-market multifamily (triplex & up) deals. The reason that I am asking is that it is very hard to find a good selection of (triplexes and quads) in my area but I have driven around and have seen plenty that could be written letters to with intent to purchase.

How would you go about contacting the owners of these properties?

* Direct mail campaign that singles out owners with large equity & absentees
* Handwritten letters sent to the mailing address of the owner of the complex.
* ETC

Please help in brainstorming or sharing some stories on how you've found some great off-market multifamily properties to acquire.

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