Should I stay away from Loop net?

[Dominique Mitchell]

Why does Loop net have such a bad rep?

I have heard it’s where apartment sales go to die?

Well with an investor mind set isn’t that what I want? Dead deals that I can negotiate to a price that’s worth the investment? Or should I just stay away from loop net?

[Eric Johnson]

You can still find deals on on Loopnet. Underwrite a deal, get back to the broker with a response and a price that it would work at (even if it's way below ask), and tell them you're looking and ready to go. Ask them to send you their off market inventory or coming soon inventory. The key is relationship building, not the one off deals on loopnet.