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Direct Marketing Campaign Finding Apartment Buildings How To's Multi-Units/Apartment Buildings

Idea to find Motivated Apartment Building Owners



I’m off today from BMW and Kathy and I are getting ready to check out some bank-owned apartment buildings but something occurred to me while I was looking for these bank-owned properties on the MLS………..

expired apartment building listing

Yeah folks…..EXPIRED LISTINGS for apartment buildings. Can you say duh? As I’ve been having discussions with myself, and yes I really do lol I have to remind myself to get back to the basics! Look at EVERYTHING you did with single family homes and mobile homes to find motivated sellers and of all things I forgot about expired listings (and I’m going to add withdrawn listings in there too!)



With that said, I found some expired apartment buildings on the MLS and they will now be a new part of my “finding deals” system. I will immediately add them to my direct mail campaign. Actually, now that I’m typing this I think I’ll send them separately so I can track them better. Can’t believe I didn’t think of this sooner? Do you ever find that when you decide to take on something new that you over-think things? That’s definitely me for sure.

Good thing I’m back on track with my thinking. Working a 40 hour work week for someone else for 2 weeks now sure has a way of bringing out your thinking cap!

Guys and gals I have to tell you that I am more psyched than ever before now. I think I got this “work” pattern down at BMW, my body is now accustomed to getting up early even on my days off and I totally feel better “emotionally” knowing that the bills will get paid. Add to all of that that I do not like working a “normal” job and I’ve got huge motivation written all over me.

I haven’t been this excited since I wrote my freedom post. It’s on like donkey kong now!

it's on like donkey kong

Who’s got anymore ideas that I’ve been missing? The last post I made a few days ago Esi and Al made some great comments…..does anyone else have any more thoughts on finding motivated apartment building owners?

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Categories
Direct Marketing Campaign Finding Apartment Buildings Finding REO Deals How To's Multi-Units/Apartment Buildings

Finding Motivated Apartment Building Owners



I’ve decided to spend my apartment hunting time finding motivated apartment building owners. Why not? I ask myself. I mean seriously I’ve been involved in real estate for 11 years now and every deal that I’ve ever done whether it was a mobile home deal, a rehab deal, a wholesale deal, sub2 deal or what have you was from a motivated seller!

Why try to reinvent the wheel right? I mean seriously all of the commercial folks are saying that a wave of commercial foreclosures are going to be coming………..how about getting to them before they reach foreclosure?




Also, I’m going to find a way to reach apartment building owners that are going through evictions. I’ve been trying to figure out how to do it in Delaware but they haven’t been making it easy thus far. I’ll figure something out though.

I think the 2 ways I mentioned above are good as well as probate deals, but the big time consuming problem that I’m thinking will arise is the fact that I’ll probably have to sift through 99.9% of single family deals to find the apartment building owner deals. Wouldn’t you agree?

I wonder if there is a way to get by that? Are there any other techniques that you commercial guys and gals use to find motivated apartment building owners?

I’ve been doing direct mail, but I’m really just sending out a mass mailing to apartment owners…I’m sure my results would sky rocket if I was sending out a mass mailing to MOTIVATED APARTMENT BUILDING OWNERS!

Soooooo fess up (please) how are YOU finding motivated apartment building owners? (Btw, going to check out some reo’s this weekend that I found on the MLS…there’s another technique. An oldie, but always a goodie!)

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