Multi Family Deals to Run Numbers On

[Jaryn Pierson]

Hi All

Starting to pull together some goals for 2024. It is not going to be a buy year for me most likely as I want to pay down some debt and refine a couple properties a bit. That said, I want to be in a strong position to buy in early 2025 and need to spend some more time focusing on underwriting better.  I'd like to continue to build out my portfolio in the 8 - 20 unit per property space and am committing to underwriting a couple deals a month. As you all know it can sometimes be tricky to find listings that have solid numbers that can be trusted or any numbers at all for that matter.  Besides my local commercial broker do any of you have a good source for a steady stream of listings that I could spend some time underwriting?  I'd also be happy to run some numbers for people looking at deals relatively close to that size and would keep the numbers private if asked to.

Any info would be greatly appreciated.

Thank You !
Jaryn

[Mason Weiss]

You can practice underwriting properties from LoopNet. They usually have all details listed that you would need for your pro-forma. Otherwise, a quick call to the agent will help fill in the blanks.