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Umair Khan
  • Beaverton, OR
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Commercial and/or Multifamily Wholesaling

Umair Khan
  • Beaverton, OR
Posted

Is it possible to wholesale multifamily real estate or commercial real estate in general? Thinking if I should just get my license

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Steve Morris
  • Real Estate Broker
  • Portland, OR
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Steve Morris
  • Real Estate Broker
  • Portland, OR
Replied
Originally posted by @Sam B.:

@Steve Morris

Thanks. I get that the average investor is more sophisticated, but aren’t there a lot of experiences where say the owner dies and leaves the property to kids who aren’t sophisticated?

Can only speak to OR and SW Washington, but usually owners >$1M properties are getting weekly calls, eMails from brokers.  I've been beat on deals where I waited 3 months to contact the deceased's kids.  However, other markets may be different - I don't know.

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