Hello, I am new real estate investor currently looking at multifamily homes. I graduated from Rutgers Business school and know the New Brunswick, Nj area extensively. There are currently a couple properties that are for sale on some of the major streets that students look for when they look for housing. The properties are located in the center of the most popular campus a block or two from all major restaurant/bar, main library, a block from the University bus stop and safest and most patrolled location for student safety. I cannot afford the capital but I know these properties will not be on sale for another 10 years. Rutgers has been investing in campus buildings such as lecture halls (Campus aesthetics). I was hoping to find an a potential partner that I can work and am currently on the ground as well. What would be the best way to get a partner? Approach developers? Other Landlords?
If they are listed already, why would an investor need you as part of the deal? If they were off-market then you may have something to work with by getting access for them before everyone else knows about it. From what you said, you want the properties for yourself, but don't have the money, but that's not a win-win for a money partner, especially not listed on the market. I know someone who invests in the area if you want some direct feedback on what works there and what doesn't. Just DM me and I can connect you with him.