Multi-Family and Apartment Investing
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 4 years ago,
One technique I’m using to find deals
One strategy I am trying to implement to find deals is to tell everyone I meet what I do and what deal criterias I have. Every time I meet someone at an event, coffee shop, online real estate forums, or get off the phone with a lawyer/financial advisor I tell them what I’m looking for. I have perfected my elevator pitch because I’ve told people what I’m looking for so many times “8-20 unit apartment building in Indianapolis/Bloomington/Terre Haute Indiana markets. Built between 1960-2000, at least 85% occupied, and more than half of the units should be 2 beds . I don’t like buildings that are all one bed. I can close in 45 days... cash “ I tell people I have no problem paying them a little commission if they bring me something that meets my criteria. You never know who people know. It’s kind of more challenging right now to meet new people because there are no events and everything is closed because of the pandemic 😷, but once things get back to “normal” this will be another tool in my tool belt. Have you guys tried this technique to find deals?