How To Find Apartment Building Owners List
Since moving from single family to apartment buildings I always find it interesting to figure
out how to find apartment building owners list.
I mean as a single family real estate investor you can get all kinds of lists, right? Expired
listings, foreclosures, pre-foreclosures, divorce, probates, etc.
But what exactly do you look for to find apartment building owners lists? So, I’m going to
list a few that I’ve been trying out so far. You can share any ways that you may know to find
apartment building owners lists too, ok?
1) Expired listings
If you have access to the MLS, that’s the first place I would start. There should be a multi-family
section and you can check all of the expired and withdrawn listings. If you are not a real estate
agent then borrow a real estate agent so that you can borrow their MLS access. (Please don’t expect
to go up to a complete stranger who is a real estate agent and ask them if you can use their MLS
so that you can find apartment building owners! You have to build a relationship first!)
This is how I found the first apartment owner that I ever made a MLO LOI to. (Master Lease Option and Letter Of Intent.) What I did was I drove around my area
and looked for apartment buildings. I would jot down the address and I would pay special attention to
ones that had “for rent” signs up or that appeared to need a little “love.”
When you get home cross reference the address on your public records or MLS and get the owners
name and address. Then mail them or call them. That’s a really cheap and easy way to find apartment
building owners. Of course, it takes some time.
Plus, it is still worthwhile and preferred that you find apartment building owners that may be motivated.
And if they have a “for rent” sign out they would probably be more motivated then if they did not have
a “for rent” sign out. Same concept if their apartment building appears to need some “love.”
3. Buy A List
A quick and notso free way to find apartment building owners is to buy a list of them from
a list company. There are companies like ListSource.com, REISource.come and others.
They will cost you a few bucks but you don’t have to leave the comfort of your house
to find apartment building owners and you don’t have to do a lot of investigating. Just
plug in the details of the types of apartment buildings you are looking for and voila!
4. Other Ways To Find Apartment Building Owners
Ok, so have you checked out my other post on this blog about finding
apartment building owners that are MOTIVATED?
Check it out. But don’t just read the article. Read the comments. Some of the GoinFlippinCrazy.com blog reads
had left some pretty awesome ideas in the comments section.
Now, you have quite a few ways, a lot of which are no cost to you, to find apartment building owners.
Do you have any certain way that you use to find apartment building owners? I (we all) would love to hear about it…….