Somebody should build a service for this. My wife and I recently moved and, while we ended up somewhere we like, there was one particular street right next to our old house that we always wished we would be able to get a home on. When we talked to other neighbors that were thinking about moving, we found out that we were far from the only ones eyeing that street. Unfortunately, people there rarely sold and, when they…
I get letters like this sometimes (people looking to buy either in our area or specifically our house). This only works when you personalize your letter to the specific house, and sell yourself - i.e. not send a generic 'call me if you want to sell', because then people will assume you're a realtor. I don't think this can be made into a service - it only works when you're clearly not a business and when you can show…
Apartment baiting with Facebook Ads
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Re: Apartment baiting with Facebook Ads
#92Earlier quoted context omitted.
Direct mail marketing is a popular strategy in the real estate investing world. You can pull lists of properties+owners and filter by various criteria. Foreclosures or absentee owners are some pretty common ones.
Do you know what services they use to find those people? Are there ones tailored to real estate investors? Just our of curiosity.
Re: Apartment baiting with Facebook Ads
#93Why ground floor?
Re: Apartment baiting with Facebook Ads
#94This made me curious about whether there are good lifehacker-style articles/listicles/compendia of creative personal uses of targeted advertising platforms. Not sure if the answer is no, or if it's just one of those ungoogleable ideas.
Re: Apartment baiting with Facebook Ads
#95> Couple looking for 2-bedroom in neighbourhood. Budget: $1250. God I need to move out of the bay area. I pay $1000 more than that for my one bedroom in Oakland. And it's not even in a great area... And it's not even that nice of an apartment! Great idea what this guy did. Maybe I should give it a shot.
Re: Apartment baiting with Facebook Ads
#96Well, that is a rather clever use of Facebook Ads. I knew a guy who tried to use them as a dating service, I guess the lack of incentive is what made his trial fail...
One guy used them to prank his roommate: http://ghostinfluence.com/the-ultimate-retaliation-pranking-... (I was kind of disappointed that the "hypertargeted ad" link in the article went to a generic how-to article instead of that post.)
Re: Apartment baiting with Facebook Ads
#97I'm not sure if it would matter, if you were just doing this as an individual once or twice, but it's worth noting that in New York State, at least, this would be an illegal transaction, unless the tenant referring you to their landlord happened to be a licensed real estate agent. The definition of brokering a transaction according to state law, for which you must be licensed is that you're facilitating the transacti…
Re: Apartment baiting with Facebook Ads
#98There really is a ton of stuff you can do with Facebook ads. I got one of my first jobs out of college by running ads targeted to the types of companies I wanted to work for. https://solomon.io/how-to-get-a-job-interview-tomorrow-using...
Re: Apartment baiting with Facebook Ads
#99Earlier quoted context omitted.
For example, it’s illegal not to rent to single moms. But maybe you don’t want to. So you can look through the tenants looking for a place and hand pick one before advertising your place. Or maybe you don’t like gay folks, or black folks, etc.
It’s not that hard to discriminate and make it hard for someone to prove that’s what you’re doing.
Re: Apartment baiting with Facebook Ads
#100Earlier quoted context omitted.
> We thought about sending letters to see if somebody wanted to sell to us without going the realtor route, but we never did. We actually just bought a house doing this exact thing. There was one particular area that only had about 30 houses in it and they don't come up for sale that much. Since we really wanted to move this year, we sent letters to the houses we'd want in that area. To our surprise, out of the dozen…
> It also gives the sellers certainty of sale so when they go to buy another house, they don't have to deal with contingency offers. A sale isn’t certain until it’s closed, so unless you are suggesting a sale and lease-back arrangement, it doesn’t really change the sellers situation.