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Marc C.'s profile image
Marc C.'s profile image
Marc C.
  • Buy-and-Hold Rental Investor
  • from Santa Fe, NM
  • Member since May 3, 2015

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438
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Marc C.'s profile image
Marc C.'s profile image
Marc C.
  • Buy-and-Hold Rental Investor
  • from Santa Fe, NM
  • Member since May 3, 2015
Marc C.
  • Buy-and-Hold Rental Investor
  • Santa Fe, NM
352
Votes |
438
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Multi-Family and Apartment Investing

Do you do direct mail to Apartment owners?

Marc C.
  • Buy-and-Hold Rental Investor
  • Santa Fe, NM
Posted

Curious how many are doing direct mail. We are getting some success that way, as I described in another thread. The people who respond are over 70 and looking to retire. I make sure they get some kind of LOI/offer within 72 hours. Paying no commission and seller financing options seem to resonate with these folks.

I just wish I'd been doing direct mail all along instead of just looking at broker's listings. 

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Brian Adams's profile image
Brian Adams's profile image
Brian Adams
  • Syndicator of Large Apartment Buildings
  • from Glen Mills, PA
  • Member since Aug 19, 2009

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Brian Adams's profile image
Brian Adams's profile image
Brian Adams
  • Syndicator of Large Apartment Buildings
  • from Glen Mills, PA
  • Member since Aug 19, 2009
Brian Adams
  • Syndicator of Large Apartment Buildings
  • Glen Mills, PA
1,631
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1,008
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Brian Adams
  • Syndicator of Large Apartment Buildings
  • Glen Mills, PA
Replied

@Marc C., congrats on your success. I bought a 200+ unit deal in 2014 using DM and it has been the best deal. Here is a link for you:

Bought 200+ Unit Apartment Complex, Increased Value Over $4 Mill

I buy 100 to 400 unit deals and doing DM again. Haven't yet had a good lead yet, but as you probably know it only takes one deal.

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