Is Costar is worth its price to find Multifamily deals ?

[Liran Afergan]

Hi,

I'm looking for multifamily deals to buy, anywhere from 60 units and up, and one platform that everyone are talking about is Costar. Costar subscription cost over 10k a year. Is it really worth it for the purpose of finding and buying Multifamily deals ?

I will appreciate if someone can give me a feedback about it based on experience working with it and finding deals thru them.

Thanks in advance ✌️

[Robert Rixer]

As a Costar subscriber, I would say no. They own Loopnet and you can find all the on-market properties on there for free. Where Costar shines is being able to look up data on off-market properties and also list commercial properties as well as getting reports on the macro market. If your only goal is just to find more deals, then Loopnet serves the same function but for free.