The idea that everything has its price isn’t far from the truth, especially in the world of real estate. Haven’t we all glanced at a property, perhaps one without a ‘for sale’ sign, and wondered about its availability? Although a physical sign might be absent, a golden opportunity could still be knocking.
Reaching Out: Why and How
Though one might be tempted to literally knock on the door of an intriguing property, a more efficient and practical approach exists. Especially for multifamily properties where the person answering the door is likely a tenant, a strategic approach can make all the difference.
In this article, we present effective strategies to identify property owners, allowing real estate enthusiasts to reach out from the comfort of their own home.
Discovering the Property Owner
Start with the Address
Once you have the property address in hand, determine the county it’s located in. Proceed to search “county property records” online. For instance, searching for property records in Northampton County, Pennsylvania leads you to their official records portal. For NYC residents, ACRIS is your go-to.
Enter the Address
On reaching the appropriate portal, simply input the property address. More often than not, the owner’s details emerge. In cases where the property is owned by entities like an LLC, jot down that information.
If the property is tied to an individual’s name, platforms like SmartBackgroundChecks can provide further contact details. Enter the individual’s details, and you’ll likely retrieve their contact information. Should this not yield results, a simple Google search of the name combined with the property’s city or state could reveal useful links like LinkedIn profiles.
Navigating LLC Ownership
For properties owned by an LLC, begin by searching the company name on Google. This can unveil information about the entity, leading you closer to the actual owner. PropertyShark is a useful tool for finding LLC owner information in NYC. If all else fails, investigate the address linked to the company’s deed and retrace the steps mentioned above.
Crafting the Perfect Offer
Knowing the property’s details such as its location, size, and amenities can offer a ballpark value. However, when it comes to making a purchase offer, the game changes. Off-market property owners are typically not in a rush to sell, making it imperative to craft a compelling offer.
Remember, while some may not sell at any price, there’s a subset that’s open to reasonable, market-aligned offers. Your task is to identify these owners, which is largely a numbers game. The key is persistence and strategy.
For reaching out, consider drafting a flexible email template that clearly expresses your interest. Don’t commit to a price yet but indicate sincere intent. Given the vast array of properties, platforms like RedFin and Zillow can be invaluable in determining market-aligned offers, even for properties that are off the grid.
Lastly, for those in need of further assistance to identify property owners, make offers, or navigate the complexities of property transactions, feel free to connect with the Mercata Properties team at [email protected]. Our expertise is at your service.