Real Estate agents in worcester, MA

[Vikas Ahuja]

Hi there, 

I am starting to look for 10-20 unit apartment buildings (maybe mix use) in Worcester, MA. Any advice on how to go about looking for the agents? Most of the agents I've worked in the past deal with residential properties only. I tried looking online but cannot find many options. I am hoping that community here can help provide some guidance, or maybe there are some folks from the Worcester, MA area who may be able to recommend.

thanks. Vikas

[Robbie Reutzel]

Hi @Vikas Ahuja

I believe this has been discussed quite a bit so you might want to search.  Quickly, and I know others are different, but I think the best way is to do a search on Loopnet.com for the type of property you are looking for.  I'm not saying that Loopnet is a good source of deals but it is a good source of brokers who spend their entire day networking with apartment owners.  Get in with them and you may find deals.

I would also suggest, especially in this climate, that you do some direct mail.  You can easily find a list of owners of 10-20 unit apartments.  Mail and start networking.  Offer to take them out to lunch or for coffee and start a database.  Check-in with them periodically.  This will not only allow you to find potential deals but also allow you to find mentors/other investors who you can bounce ideas off of etc.  It's always good to surround yourself with people who have the same goals.

Good luck!

And check out the Black Diamond REI next time it's in Worcester www.BlackDiamondREI.com it's a great networking event.