Finding Multi-Family Investments

[Kenneth Garrett]

Looking for Multi-Units/Apartments is a little challenging.  I found my last one on cityfeet (owned by Loopnet).  I try to use sites that are free.  Apartmentsforsale.com, loopnet.com, cityfeet.com.  Costar seems to be a great site but with a fee.  I understand off market deals can be the best.  Any thoughts on where you find deals.  Where did you find your last deal?   

[Chris Tracy]

We got our most recent deal from an asset manager.  The deal was a "smaller" property that was part of a larger portfolio that the owner didn't know how to manage appropriately.

Property management companies can also be a great resource, as they often have the inside track with the owners.

Building up solid relationships with brokers is like our bread and butter for having off-market stuff sent to us.