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Updated about 3 years ago on . Most recent reply

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Melania Silva
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What advise would you give yourself in 2022?!?

Melania Silva
Posted

To get in 2 acquisition in large multifamily investing! 

Most Popular Reply

User Stats

7
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2
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Melania Silva
2
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7
Posts
Melania Silva
Replied
Originally posted by @Owen Dashner:

- Find out who the players are in that space and start networking and making friends with them.

- Get face time (coffee, lunch, beer) with local brokers and property managers who work with multifamily owners.

- Look at FB marketplace and Zillow for multifamily rental advertisements and message the people advertising them to see if they might entertain an offer.

- Get a list of all the multifamily properties in your target area and start marketing to them (direct mail, skip tracing, cold calling).

- Regularly attend your local REI meetups and REIA. There will be several owners of multifamily properties there. Get them drunk and make them sign purchase agreements for their properties on a bar napkin. Follow me for more creative negotiating tips. ;)

 I was in Multifamily industry for nearly 10 years. I think it's time to call some of my network. Thank you for the advice. I like your way of Pre-suasion by getting them drunk and have them sign a PA on a bar napkin. I'll certainly try it. 🙂 

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