Apr 6 • General discussion
OFF-MARKET APARTMENTS: FINDING DEALS WITH PROPSTREAM
This is how you actually get paid.
Everyone talks about multifamily. Almost nobody knows how to consistently find off-market apartment deals at scale.
You are not competing on the MLS. You are going where no one else is looking.
That’s the edge.
THE CORE PRINCIPLE
You are not looking for listings.
You are looking for tired landlords sitting on equity who haven’t sold in 10+ years.
These are the deals that create $50K, $100K, $500K opportunities.
STEP 1: TARGET THE RIGHT ASSET
In PropStream, you are not searching random properties.
You are building a sniper list.
Set your filters:
Property Type:Multifamily (2–100 units)
Ownership:Non-owner occupied
Years Owned:10+ years minimum (longer is better)
Equity:High equity or free and clear
Last Sale Date:No recent sales
Optional add-ons:Out-of-state ownersAbsentee ownersOlder owners (if available)
This is your foundation. Do not skip this.
STEP 2: STACK MOTIVATION
Anyone can pull a list.
You are stacking pressure.
Add filters like: Pre-foreclosure; Tax delinquent; Vacant (rare, but if applicable)
You are looking for overlap.
The more pain signals, the higher your probability of a deal.
STEP 3: BUILD A LARGE LIST
You are not looking for 10 deals.
You are building a machine.
Pull 500–2,000 records per market.
Download everything: Name; Mailing address; Property address
Skip trace immediately.
No delay. Speed matters.
STEP 4: REACH OUT LIKE AN OPERATOR
This is where most people fail.
You are not asking if they want to sell.
You are presenting opportunity.
Your positioning:
“I specialize in buying small apartment buildings in your area.I can make you a simple, no-hassle offer—sometimes with seller financing so you can keep income and defer taxes.”
You are calm. Direct. Not needy.
STEP 5: TWO-OFFER FRAMEWORK
Every conversation leads here.
You give two paths:
Cash offer (discounted, fast close)
Seller financing (higher price, better terms for them)
Most investors only offer cash.
You win with options.
STEP 6: LOCK UP THE DEAL
Once interest is there:
Get basic numbers
Confirm motivation
Set expectations
Then move to:
Letter of intent or purchase agreementInspection periodPosition for assignment or close
You do not overcomplicate this.
Speed wins.
STEP 7: SCALE TO 100 DOORS
One deal changes your trajectory.
Ten deals changes your life.
The goal is not one win.
The goal is a repeatable pipeline that produces deals every month.
THE REALITY CHECK
Most people will:never pull the list
never make the calls
quit after rejection
That’s why this works.
RACE TO $1M ACTION STEP
Do this today:
Pull one PropStream list (minimum 200 properties); Skip trace it; Make 20 calls
Not tomorrow. Today.
Then report your results.
If you want to move faster:
Work directly with me on live deals, real negotiations, and actual closings.
That’s how you get to $1M.
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OFF-MARKET APARTMENTS: FINDING DEALS WITH PROPSTREAM
skool.com/clubhouse-100
Make your first million wholesaling. Learn off-market deals, close fast, and build a 100-door portfolio.
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