How do you find your multi family deals ?

How do you find your multi family deals ?

Realtor · Atlanta, GA · Member since 2018 · 103 posts · 28 votes

What tools are you currently using to source off market multi family deals? I am looking to purchase my first 4+ unit multi family soon , but haven’t seen any that are “off market”.

0Reply
18 views

3 Replies

Jump to latestLatest
  • Rental Property Investor · Modesto/Stockton/Merced, CA · Member since 2020 · 456 posts · 214 votes
    5y

    Driving for dollars can do wonders! or get a bird dog to go get you a lsit of 4+/plex in your desired areas. Do the popstream thing and start the cold calling/mail campaign.  or find a  wholeseller to do the work for you for a price.

    I'm more of a boots on the ground guy, so driving for dollars will always be my recommendation. 

    Best of luck

  • Developer · Atlanta, GA · Member since 2018 · 21 posts · 14 votes
    5y

    Great question.  Here's what I would do in Atlanta:

    1. Pull up data on properties that are 4+ units from public records and call & send letters to those landlords.

    2. Go to FMLS & GAMLS and reach out to all of the agents that have sold properties that are 4+ units.  

    3. Go to Zillow.com, FMLS, GAMLS and and search rental units that are part of the 4+ unit property.  Reach out to those landlords or their property manager.

    Thanks for reading.

    Dan Biber

  • Wholesaler · Member since 2020 · 140 posts · 89 votes
    5y

    @Justin Lee It's all about the data! Pull data from an assessor data source (ie DataTree or RealQuest) that matches your specific criteria, send a blind offer to those owners, and watch the responses. You'll be a believer after a direct mail campaign or two. (:

Join the conversationCreate a free account to reply, vote on answers and follow this thread.