A colleague recently closed on a 12-unit property in San Antonio and shared that a 6.8% cap rate, combined with lower property taxes, made it a no-brainer.

The property features a shared dock, 3000 sq ft of decking, and a fire pit for each cabin.What made you interested in investing in this type of deal?

Any wisdom to share here?

I’m Keagan, a realtor and investor based in Indianapolis, and I’ve worked with several clients on value-add multifamily deals and have done a couple myself.For finding off-market opportunities, I’d recommend:County Tax Delinquent Lists – Great for uncovering distressed properties.Direct Mail Campaigns – Target out-of-state owners.Local Networking Events – Connect with wholesalers who specialize in multifamily.I’d be happy to introduce you to lenders and share leads if Indy is on your radar.

But the lawsuit reveals details that are hard to ignore: emails, phone calls, and even group meetings allegedly used to share strategies for keeping rents high.

I'm eager to understand the ins and outs of finding deals, negotiating with sellers, and building a network of cash buyers.I’m here to learn, ask questions, and share my journey as I work toward my first successful wholesale deal.

Happy to share these stats with you. 

Thanks for sharing the Dion Talk Binder link.

Hi, @Andrew Holmes Thank you for sharing this--extremely helpful. 

Thank you for sharing!