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Updated over 8 years ago on . Most recent reply

Account Closed
  • Contractor
  • 08234
178
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First apartment complex

Account Closed
  • Contractor
  • 08234
Posted

Hi Everyone,

I have a client who is looking for an apartment complex in the NJ, PA, DE area and I wanted to ask for advice on ways to search for apartment complexes. Beyond the usual MLS I have not learned enough to look further. I am reaching out to the bigger pockets community for ideas on how to find my guy a deal. Any idea is helpful.

Thanks for your help,

William Lees Jr

Keller Williams 

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Mike Dymski
#5 Investor Mindset Contributor
  • Investor
  • Greenville, SC
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Mike Dymski
#5 Investor Mindset Contributor
  • Investor
  • Greenville, SC
Replied

In the spirit of full candor, your client should be working with a commercial broker with knowledge of the multifamily market, deal analysis and the professional multifamily service network.  In addition, in some markets it is customary for buyers to work directly with the sellers broker and bringing a buyers broker puts you at a distinct disadvantage.  It's not like residential in those markets.

Many residential agents would be very successful commercial brokers with some training, time and with the right tools. Not intending to discourage initiative, just wanted to provide clarity...good luck in your journey.

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