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Updated over 2 years ago, 08/22/2022

User Stats

2
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6
Votes

What to ask a broker

Daniil Kalyuzhny
Posted

Hi - I have a few single family homes that have done well and am looking to invest in a large multi family (minimum 10-20 apartments). Max price is probably around $4M (unless seller wants to agree to a small portion of seller financing) and I've narrowed it down to Columbus Ohio for my initial market research. When setting up calls with brokers - what are some potential imperative questions to ask? I have the following: 1) average cap rates in the space, 2) population growth 3) Job growth 4) what areas are the "tough areas" 5) any specific nuances to this market (i,e, any unique taxes) 6) who are the best property managers?

Thank you in advance for the help!

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