I'm planning to liquidate about $1,000,000 of mid-west farmland (no debt; cap rate of 2.6%) and invest in multi-family.

I'm also from north Jersey and looking to make my first multi family purchase before the year is over.

Not only did I decide to make real estate one of my main focuses of investing I also fell in love with how the system works.

Currently working on land flip, construction build-out of multi=unit condo units. 

I can purchase a rental using Self Directed IRA (with UDFI tax), but it will limit my ability to grow since I won't be able to say, 1031 into a multi-family or apartment using other properties/capital I have sitting outside the SDIRA.

I knew I wanted to be a landlord some day so I started as a leasing consultant for a multi-family REIT renting apartments in Uptown.  

Basically he has an automated system that does all the legwork and you get paid a fee for being the middleman between a note holder and note buyer.

Is that because of your good location or should I forget single families and go multi?

For example, someone calls in and you chat with them to find that they may not be interested in selling right then at your price for whatever reason, however over the next several months their motivation may change so a follow-up system should most certainly be in place to touch base with them again and again.On top of that, be sure you are finding 'why' they called in the first place because your main goal should be to solve their problem before all else as this will inevitably lead to closing deals.

Looking for a broker specializing in SFR/Multi-family in Inglewood.