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Updated almost 5 years ago on . Most recent reply

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81
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Joe Gilroy
  • Rental Property Investor
  • Castro Valley, CA
17
Votes |
81
Posts

Need advice on how to become a "Multi-family Deal Finder"

Joe Gilroy
  • Rental Property Investor
  • Castro Valley, CA
Posted

Hello All,

I recently saw a video titled “5 Powerful Paths to Multi-family Mastery” by Paul Moore that is on YouTube. One of the paths mentioned was to become a “Multi-family Deal Finder” and this is what got my attention and I would like to pursue this as one of my goals.

1 - What are the best websites that I could use to find good off-market multifamily properties for sale?

2 - How do I get an inside track to deals?

3 - Are there any books or podcasts out there that could be recommended ?

3 - What are some steps or things that I can do now that will help me reach this goal ?

Thanks in advance !

Most Popular Reply

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Replied

Creating and nurturing a strong network of brokers (in my opinion) is the best way to become a multi family deal finder. You can also farm a specific market and cold call multi family owners and introduce yourself. Deal finding is all about networking and consistency. Keep tabs on owners you were able to reach and the brokers you get introduced to and follow up with them every few months. 

Costar, loopnet, MLS, are some websites you can use. Costar owns loopnet btw, it isn't cheap but it will give you an insane amount of data.

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