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Find Multi-Family opportunities
I am a residential agent, Is there a common platform to find multifamily deals. Any guidance to find deals online will be helpful.
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Quote from @Beena Shah:
I am a residential agent, Is there a common platform to find multifamily deals. Any guidance to find deals online will be helpful.
Here's a list of platforms and resources to help you find multifamily deals online:
LoopNet: One of the most well-known platforms, LoopNet allows users to search for multifamily properties among other types. The platform is user-friendly, providing comprehensive details about listings including price, location, and cap rate.
CREXi (Commercial Real Estate Exchange): This platform provides listings for a range of commercial real estate properties, including multifamily units. The interface is intuitive and provides an array of filtering options.
Apartments.com: While commonly known for apartment rentals, the platform also has a section for buying and selling multifamily properties.
RealtyMogul: This platform focuses on crowdfunding for real estate but also features properties for sale. It's a good platform to both find deals and get a sense of what investors are looking for.
BiggerPockets: Beyond being an excellent resource for networking and education in the real estate sector, BiggerPockets also has a marketplace where users can list and find multifamily properties.
Local MLS: While the Multiple Listing Service (MLS) is primarily associated with residential listings, many also feature multifamily properties.
Brokerage Websites: Major brokerages like Marcus & Millichap, CBRE, and Cushman & Wakefield have dedicated sections on their websites for multifamily listings.
Social Media: Platforms like LinkedIn or even Facebook have groups dedicated to multifamily real estate. Join these groups, participate in discussions, and keep an eye out for listings.
Best of luck with your search!