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Updated over 6 years ago on . Most recent reply

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Ryan Corcoran
  • Investor
  • Pawtucket, RI
34
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58
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Finding a deal on an apartment complex

Ryan Corcoran
  • Investor
  • Pawtucket, RI
Posted

Hi BP, 

I am on the hunt for my first apartment complex. I have been using the MLS so far for my investing.

I am thinking somewhere along the lines of 8-12 units for my first. I have several agents keeping a good eye out for me. I have sent letters to just about every apartment owner in the surrounding towns where I live in Massachusetts. I have received some calls however none have worked out so far. Does anyone else have any creative ways to target owners of apartment complexes to try and complete a deal? 

Look forward to the responses!

Most Popular Reply

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Ed Emmons
  • Specialist
  • Milford, ME
378
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630
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Ed Emmons
  • Specialist
  • Milford, ME
Replied

Maybe call for rent ads and ask if they would consider selling. After all when they have vacancy is when they are possibly considering options. Also you may attend an eviction day at the courthouse and find some fed up landlords. Our courthouse has a list of all the plaintiffs on a board at the courthouse so you can get the names without wasting the day.

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