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The Commit to Wealth Podcast - Creating Generational Wealth through Real Estate Investing

Jun 23, 2018

On today's Desire to Inspire Friday episode I want to share with you a small victory.

We just completed the sale of a 32 unit property we owned. This property provided us with just under a 400% overall return in just 18 months. Yes, you read that right. 

This property was a great value add opportunity that was acquired via direct mail. We were able to drastically increase the NOI and still leave enough meat on the bone for the buyer. 

If you are looking to target properties in the 'under 50 unit' range, direct mail can be a great strategy. Although it is possible with larger size properties, it can be much more difficult as larger property owners are usually more sophisticated and will usually use a broker for a sale. 

Hopefully this short episode provides you with some inspiration and the motivation to get out there and take some action!

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