What is your #1 pain point or question in multifamily

[Gino Barbaro]

Hi Everyone,

Trying to create a Multifamily Masterclass to help brokers, investors, newbies break into multifamily investing. I want to structure the class based on five or six most recurring answers. Can you answer this question:

What is your #1 question or pain point in multifamily?

Thanks for all your responses!

Gino 

[Jeff Greenberg]

Having sellers expecting to benefit from the added value, that you, the buyer will have to perform. I was just given a deal in LA where the broker was promoting the fact that rents could be raised $100 with very little work to the units. Based on the market cap and the the projected NOI we saw that this was the sellers asking price. The seller was going to get the benifit of the added value we would have to add. Needless to say, we were pretty upset with the broker that we had just started a relationship with us.