All Forum Posts by: Abraham Kaplan

Funding for 100% of the purchase price is very unusual. On their website, do they list recent transactions? Can you talk to anybody who has worked with them before? Try that approach. 

@Alexander Parada you've got a solid background to make this work in any market!  Well done on the steps you've taken to grow a business that is not constrained by the market you live in at the time.

as @Jonathan Barr alluded to above, markets like Kansas City, Oklahoma City, Tulsa, and to a degree Little Rock typically perform well, are considered "linear" markets instead of the cyclical beasts that LA, San Fran, NYC and many other markets are.  

Another thing I'll add . . . In markets in the "midwestish" and south that experienced building booms in the '70s you'll find many opportunities to renovate buildings, often in decent locations.  With markets that have historically lagged but as of late are experiencing high growth, there tend to me more new construction opportunities, which will allow you to attract a different tenant class usually.

OKC u later!

"What is the best way to find motivated apartment complex sellers? I've used wholesalers for all my previous purchases. Is that the best route? "

I don't think most apartment owners are dumb enough to not realize what their property is worth and fall for a wholesaler offer.

Put your resume together with your lender and get your proof of funds together.  Pick an area you want to be in and start calling brokers in that area and ask what you can get for your money.

You can use CreXi/LoopNet, but those are listed by brokers, if they're priced that well the broker can sell them without advertising.