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Updated about 7 years ago on . Most recent reply

User Stats

47
Posts
5
Votes
Diem Tran
  • Investor
  • Miami, FL
5
Votes |
47
Posts

Besides Loopnet and CoStar

Diem Tran
  • Investor
  • Miami, FL
Posted

Hi, 

I tried to look for this answer before posting so I apologize if its been answered.  Besides Loopnet and Costar, what websites would you recommend for out of state multifamily buildings, just to browse and get a feel for the local market?  Loopnet free accounts views are quite limited and CoStar's fees are outrages for a lone investor.  Thanks in advance. Dee

Most Popular Reply

User Stats

88
Posts
57
Votes
Conor Freeman
  • Lender
  • San Diego, CA
57
Votes |
88
Posts
Conor Freeman
  • Lender
  • San Diego, CA
Replied

Hi @Diem Tran,

Unfortunately the big firms in CRE data gear their content towards other big firms and not lone investors, which is why they are outrageously expensive. My suggestion is to pay for the LoopNet subscription as it is the lowest price for the market for individuals, or to get in contact with a local broker, or one in the market your targeting, and ask for some data. You can look up these names but you'll find that they, like Costar, are very expensive.

  • Real Capital Analytics
  • TREPP
  • Yardi Matrix
  • REIS

You could however read up on the your target markets to find out trends and transactions through publications like:

  • CPExecutive
  • REBusiness
  • Bisnow
  • Globe St.
  • NREI
  • NAIOP
  • NMHC
  • Local business journals

Hope this helps!

-Conor

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