All Forum Posts by: Ben Feder

What are the signs to tell the owner would be willing to sell? What if they have a management company in place? 

Do you think a legal website will be able to set one up as well as a lawyer can? Such as legalzoom?

How do I create an LLC? Where do I go? What do I do?

By "go fast" do you mean time on market? If so, will there always be apartment buildings on the market or does that mean these deals are hard to find?

Also, are there any websites for commercial apartments or  is commercial brokers the only way to go? Obviously I am guessing the deals that come to me are still the better deals, but just curious as to all possibilities on how to find good deals.

I plan on investing in large multifamily commercial properties (10+ units, 50+ units, and 100+ units). Should I form a business structure for this for legal or tax purposes, other reasons, etc.? From basic research I have done people seem to say LLC? Or is it okay to fly free as a sole proprietor and just get the insurance policies to mitigate my risk? What is the proper route to take?

I am beginning to look for deals to analyze so I can make my first investment in large multifamily properties (apartment buildings 10+ units, 50+ units, and 100+ units). Where do I look/who do I ask, etc. to find multifamily properties? Will places like Realtor.com, Trulia, Zillow, etc. cut it or should I be checking other places? If I am to get good deals coming my way from agents/brokers, how can I expect to be the one given the good deals over other people who are already close/friends with the agents/brokers? Thank you in advance to you for any and all advice given.

Thank you Jim! I have shifted focus though to multifamily commercial (apartment buildings primarily 10+ units, eventually hitting 50+ units, and then long term goal of buildings with 100+ units). Do the same suggestions still apply or are there other better ways to get deals on large multifamly deals (apartment buildings)?

I am beginning to look for deals to analyze so I can make my first investment. Where do I look/who do I ask, etc. to find multifamily properties? Will places like Realtor.com, Trulia, Zillow, etc. cut it or should I be checking other places? If I am to get good deals coming my way from agents/brokers, how can I expect to be the one given the good deals over other people who are already close/friends with the agents/brokers? Thank you in advance to you for any and all advice given.

How do you find good multifamily residential deals? I am looking to buy a 2-4 unit property to BRRRR/house-hack. Where do you look/who do you ask? What websites do you check/professionals do you talk to/other sources? Also, what makes a small multifamily deal a good deal? Do you check comps to determine your strike price/use cash flow to determine value/other evaluation techniques?

I think I know the difference in analyzing multifamily deals residential (2-4 units) vs 5+ units (apartment buildings), but I want to make sure. Small multifamily residential you analyze based on comps, squarefootage, features, and condition whereas apartment buildings you analyze based on income and cashflow that the property generates. Is this correct? If not, or if my assessment is a bit off, could somebody please correct me?