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Updated over 4 years ago on . Most recent reply

Opio Sokoni's profile image
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Opio Sokoni
  • Member since Oct 17, 2018
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Opio Sokoni
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Opio Sokoni
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Buying & Selling Real Estate

How do I get Off Market 100+ unit apartments?

Opio Sokoni
Posted

I have a client who is pretty picky. They want to invest in 100-400 unit apartment complexes in southern cities out to Arizona. The cap rate has to be 7% or better. What is the best approach?

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Dan Travieso
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  • from Fayetteville, NC
  • Member since Apr 16, 2018
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Dan Travieso's profile image
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Dan Travieso
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  • from Fayetteville, NC
  • Member since Apr 16, 2018
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Dan Travieso
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  • Fayetteville, NC
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Dan Travieso
  • Investor
  • Fayetteville, NC
Replied

Manage his expectations by letting him know what the market conditions are now. He either needs to accept reality or you need to move on to other clients. Nothing wrong with "firing" a client....

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