Where do I find multifamily properties?
Looking for multifamily properties but not sure where to find them. Should I ask wholesalers?
Most Popular Reply
I've found that larger (80-units or more) apartment deals that come from wholesalers are usually a waste of time - mainly because the financials (like T12s, Rent Rolls, etc) are incomplete. Because of extensive financials you need to properly underwrite a deal, I have found that developing relationships with the top brokers in your market(s) is a better investment of time/resources than talking with wholesalers.. Multifamily brokers certainly earn their commission and it is worth working with them.