Newspaper Advertisement to find Off Market Deals?

Newspaper Advertisement to find Off Market Deals?

Anthony GaydenPro Member
Rental Property Investor · Omaha, NE · Member since 2014 · 2k+ posts · 3k+ votes

I am a beginning multi-family real estate investor in Arizona, and I was hoping to owner occupy and self manage something here in the town where I live and work. The thing is that the town is pretty small (around 4000 residents), though there are many multi-family properties here. So I decided to put an ad in the local newspaper. Do you think that this could help?

WANTED TO BUY
DUPLEX, TRIPLEX, or 4-PLEX IN *******, AZ
ANY CONDITION
CALL ***-***-**** FOR DETAILS

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Miami, FL · Member since 2011 · 200 posts · 42 votes
12y

The most important thing is to be consistant. You may need to run the ad for weeks if not months to see some results from it.

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  • Real Estate Broker · Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH · Member since 2013 · 31k+ posts · 20k+ votes
    12y

    Absolutly. The more people who know what you do the better.

  • Miami, FL · Member since 2011 · 200 posts · 42 votes
    12y

    The most important thing is to be consistant. You may need to run the ad for weeks if not months to see some results from it.

  • Mindy JensenPro Member
    BiggerPockets Money Podcast Host · Longmont, CO · Member since 2014 · 7k+ posts · 10k+ votes
    12y

    Are you also running a similar ad on Craigslist.org? Most ads on CL are free, and free is the best price to pay :)

    I think an older audience still reads the classifieds in newspapers, and younger people tend toward online. Since you are in AZ, you may have more of an older population...

    Good luck!

  • Anthony GaydenPro Member
    OP
    Rental Property Investor · Omaha, NE · Member since 2014 · 2k+ posts · 3k+ votes
    12y

    So I honestly did not think that this would work, yet about 5 minutes ago, a guy calls me saying he saw my ad. I am going to check out his property and see if it fits my needs.

    This is a non-MLS listed property.

  • Miami, FL · Member since 2011 · 200 posts · 42 votes
    12y

    Awesome! Let us know how it goes...

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