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Updated almost 3 years ago on . Most recent reply

User Stats

5
Posts
8
Votes
William Rodriguez
  • Austin, TX
8
Votes |
5
Posts

My First Multifamily in Central Florida

William Rodriguez
  • Austin, TX
Posted

Hi,

I'm an RE investor in the Orlando area, currently own 2 single family and a condo and now looking to purchase my 1st multifamily. I've had a hard time finding deals by looking at the new listings on the market from my realtor daily report.  Do you have recommendations on productive resources and/or strategies to find multifamily deals in the Orlando/Surrounding areas.

My max purchase price is 450K.

Most Popular Reply

User Stats

70
Posts
41
Votes
Eric Starks
  • Investor
  • Orlando, FL
41
Votes |
70
Posts
Eric Starks
  • Investor
  • Orlando, FL
Replied

I typically only look at listings that have been on the market for 2 - 3 weeks. This is something that David Greene mentions as well. I don't like to be in bidding wars when everyone is going for the shinny new object. I currently own 1 duplex and I was able to talk the seller down 20K because it had been on the MLS for 3+ weeks.

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