Objective
Corporate-owned lists are bigger than most people expect. In Boulder County, CO, October 2026 data, 38,795 of 133,279 properties on file are held by an LLC, corporation or other entity. That pile mixes very different owners: a couple with one rental in an LLC, a local operator with dozens of doors, and national companies that will never answer a letter. Sorting them is the first job.
The playbook
Step01
Count properties per owner
Group the file by
owner_nameand count rows. Then split it three ways:- One or two properties. Usually a person or family using an LLC for liability. Your best sellers.
- A handful to a few dozen. Local investors. Possible sellers, and likely buyers for your deals.
- Large portfolios. Institutional owners with acquisition teams. Skip them for seller mail.
Where you draw the lines is your call. What matters is that each group gets a different letter.
Step02
Look up the entity
Search each small and mid-size owner on the business search of the Secretary of State (or equivalent) where the entity was formed. Filings vary by state, but often show:
- The registered agent, who accepts legal papers for the entity
- A principal office or mailing address
- Managers, members or officers, in some states
Record what you find next to the
apnandcounty_fipsso you never repeat the lookup.Step03
Pick the address to write to
Start with
mail_addressfrom the row. That is where the tax bill goes, and someone at the entity reads it. If the filing shows a different principal office, mail both. Address the letter to the entity, with “Attn:” and the manager’s name when you have one.If the only address is a registered agent service, a letter may still be forwarded, but expect it to be slower and less likely to reach a person.
Step04
Find a phone if you plan to call
Lists carry names and mailing addresses, not phone numbers. If the filing names a person, skip tracing that person can turn up a number. Skip tracing isn’t sold here; Acquired Data offers it.
Step05
Mail, then sort the replies two ways
Every reply goes into one of two columns: a seller lead, or a buyer for your future deals. A no on selling is often a yes on buying. Keep both.
Use it when: the entity owns one to a few properties in the county.
What to say to an investor
An entity owner bought on the numbers and will sell on the numbers. Skip the warmth you would use with a homeowner who inherited a house. Be short, specific and clear about what you can do.
Say
- Which property you're writing about, by address
- That you can buy with a tenant in place
- That you'd like to send them deals if they're buying
- Your company name and a way to reach you
- How to opt out
Avoid
- Homeowner language like “we buy ugly houses” or “stop the stress”
- Guessing at their finances or the property's condition
- Naming the manager's home address in the letter
- Mailing large institutional owners the same letter as small ones
- Treating a registered agent as the owner
When the manager calls back
Expect questions before feelings. Have these ready before the first letter goes out, so the conversation stays on the numbers:
- Your offer basis: how you value the property and what you assume about repairs
- Whether you can take over the current lease and deposit
- How you would close: cash, assignment or another structure, and how long it takes
- Who signs: confirm the caller has authority to sell for the entity before you draft anything
Trusts are not LLCs
Some entity-held properties sit in a family trust, not a business. Treat those like a private owner: gentle tone, no pressure, and the trustee as your addressee when the record names one.
Compliance
Calls and texts to a person behind an entity still fall under the TCPA and Do Not Call rules. Use the list for marketing only, never for any FCRA purpose.
Before you mail a corporate-owned list