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Updated over 3 years ago on . Most recent reply

User Stats

11
Posts
4
Votes
Joseph Humphreys
  • Rental Property Investor
  • Richmond, VA
4
Votes |
11
Posts

Where to Find Multifamily Deals

Joseph Humphreys
  • Rental Property Investor
  • Richmond, VA
Posted

Where is everyone finding their deals on apartment complexes and just multifamily deals in general? Word of mouth? Is there a platform?

Most Popular Reply

User Stats

495
Posts
612
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Charles Seaman
  • Apartment Syndicator
  • Charlotte, NC
612
Votes |
495
Posts
Charles Seaman
  • Apartment Syndicator
  • Charlotte, NC
Replied

@Joseph Humphreys You can have a lot of success with direct outreach to sellers for smaller multifamily properties in the 2-50 unit range, similar to what @Justin Goodin is doing.  If you're looking for larger multifamily properties (50+ units), they almost exclusively sell through brokers.  Your first steps need to be selecting your target market and better defining your acquisition criteria.  After you do that, then you can figure out the best way to find the deals that you're looking for.

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