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Chris Collins
Pro Member
  • Multifamily Investor
  • Redondo Beach, CA
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176
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How good is The Marketplace on these forums?

Chris Collins
Pro Member
  • Multifamily Investor
  • Redondo Beach, CA
Posted Apr 29 2016, 15:58

One problem I'm having as a newbie, is obviously, finding the right deal to get started with.  

Being in Los Angeles, I'm looking out of state for buy and hold properties. Not looking for fix and flips, but looking for small multi family properties to start with. My main priority is a solid deal that cash flows.

My question is: How good /reliable are the deals you generally find in The Marketplace on BP?

Is it more like Loopnet? (tends to be old and not-so-great deals that have been passed on) or are they generally legit and should be taken seriously?

Sorry if this is insulting to those in there posting up deals,  I mean no disrespect, just trying to learn where to focus my time on finding this first deal.

Thanks for your opinions and experiences,

-Chris

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