Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

172
Posts
57
Votes
Ben Feder
  • Investor
  • Philadelphia, PA
57
Votes |
172
Posts

Where do you find good multifamily commercial deals? (apartment)

Ben Feder
  • Investor
  • Philadelphia, PA
Posted

I am beginning to look for deals to analyze so I can make my first investment in large multifamily properties (apartment buildings 10+ units, 50+ units, and 100+ units). Where do I look/who do I ask, etc. to find multifamily properties? Will places like Realtor.com, Trulia, Zillow, etc. cut it or should I be checking other places? If I am to get good deals coming my way from agents/brokers, how can I expect to be the one given the good deals over other people who are already close/friends with the agents/brokers? Thank you in advance to you for any and all advice given.

Most Popular Reply

User Stats

28,289
Posts
19,303
Votes
James Wise#5 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
19,303
Votes |
28,289
Posts
James Wise#5 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
Replied
Originally posted by @Ben Feder:

I am beginning to look for deals to analyze so I can make my first investment in large multifamily properties (apartment buildings 10+ units, 50+ units, and 100+ units). Where do I look/who do I ask, etc. to find multifamily properties? Will places like Realtor.com, Trulia, Zillow, etc. cut it or should I be checking other places? If I am to get good deals coming my way from agents/brokers, how can I expect to be the one given the good deals over other people who are already close/friends with the agents/brokers? Thank you in advance to you for any and all advice given.

 You've got to be one of the agent's best clients. So buy a few deals in a row and be very low key. Close quickly and don't try to completely renegotiate after the inspection comes back. By this I mean the folks who try to get 20%-30% off post inspection when the inspection comes back with things that everyone knew were present pre inspection. Nobody likes those fools. 

Loading replies...