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Updated over 5 years ago on . Most recent reply

User Stats

49
Posts
30
Votes
Erin Auman
  • Rental Property Investor
  • Overland Park, KS
30
Votes |
49
Posts

Found a potential multi-family lead Not sure how to proceed.

Erin Auman
  • Rental Property Investor
  • Overland Park, KS
Posted

I have a potential lead on a 24-unit apartment complex in my metro area. According to the tax assessor’s website, the current owners are out-of-state. So far, I’ve only dealt with smaller properties and local owners, so I’m not sure how to proceed. I’m not sure how to crunch the numbers on a multi-family of this size, and I’m not sure the best way of contacting the owners. Any advice is appreciated! If it turns out to be a workable deal, I would also be needing to take on a partner or partners.

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