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Multi-Family and Apartment Investing

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John Grinston
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Any multifamily investors in Virginia ,Hampton Roads ??

John Grinston
Posted Aug 28 2022, 17:51

How do you all find your MF deals? I don't see any for sell in my area. Is there another way to go about finding them other than zillow and realtor.com?

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Charles Seaman
Pro Member
  • Apartment Syndicator
  • Charlotte, NC
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Charles Seaman
Pro Member
  • Apartment Syndicator
  • Charlotte, NC
Replied Aug 28 2022, 19:01

@Cristian Rocael Carrillo lives in VA and can offer some insight about finding deals there.

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Aj Parikh
  • Rental Property Investor
  • Centreville, VA
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Aj Parikh
  • Rental Property Investor
  • Centreville, VA
Replied Aug 30 2022, 09:00

I am a multi family investor from Northern Virginia but primarily buy real estate in Cleveland because there are close to no opportunities in the Northern Virginia in the multi family space. If you are interested in connecting, let me know and I can share my experience. 

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Replied Aug 30 2022, 16:46
Quote from @Charles Seaman:

@Cristian Rocael Carrillo lives in VA and can offer some insight about finding deals there.

 Thanks, Charles! @John Grinston, Zillow and Realtor, from my experience, have residential properties. If you are looking for similar sites for multifamily assets (5 units and above), you may want to visit Crexi.com. One thing to note is that these sites have properties that have already been viewed and probably passed on by other investors - this does not mean that they are bad deals, just something to be aware of. I recommend you start building relationships with brokers in the area with firms like CBRE, Capstone, M&M, etc. - you can also go on their sites to view the properties they have "on market." Once you develop a good relationship with a broker and they trust your credibility, background, ability to close, etc., they may send over 'pocket listings' or 'off-market' deals! Reach out if you have any questions. 

@Aj Parikh, I am in the DC area, would love to connect!

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Steven Baltimore
  • United States
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Steven Baltimore
  • United States
Replied Aug 30 2022, 21:32

Propertyshark.com may be a good place to visit.

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John Grinston
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John Grinston
Replied Aug 30 2022, 22:28
Quote from @Steven Baltimore:

Propertyshark.com may be a good place to visit.


 thanks, I'll look into that  

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John Grinston
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John Grinston
Replied Aug 30 2022, 22:29
Quote from @Aj Parikh:

I am a multi family investor from Northern Virginia but primarily buy real estate in Cleveland because there are close to no opportunities in the Northern Virginia in the multi family space. If you are interested in connecting, let me know and I can share my experience. 


 Thanks

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John Grinston
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John Grinston
Replied Aug 30 2022, 22:36
Quote from @Cristian Rocael Carrillo:
Quote from @Charles Seaman:

@Cristian Rocael Carrillo lives in VA and can offer some insight about finding deals there.

 Thanks, Charles! @John Grinston, Zillow and Realtor, from my experience, have residential properties. If you are looking for similar sites for multifamily assets (5 units and above), you may want to visit Crexi.com. One thing to note is that these sites have properties that have already been viewed and probably passed on by other investors - this does not mean that they are bad deals, just something to be aware of. I recommend you start building relationships with brokers in the area with firms like CBRE, Capstone, M&M, etc. - you can also go on their sites to view the properties they have "on market." Once you develop a good relationship with a broker and they trust your credibility, background, ability to close, etc., they may send over 'pocket listings' or 'off-market' deals! Reach out if you have any questions. 

@Aj Parikh, I am in the DC area, would love to connect!


 Thanks for all of that great information. I didn't think to look on their website for listings.

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John Grinston
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John Grinston
Replied Aug 30 2022, 22:47
Quote from @Cristian Rocael Carrillo:
Quote from @Charles Seaman:

@Cristian Rocael Carrillo lives in VA and can offer some insight about finding deals there.

 Thanks, Charles! @John Grinston, Zillow and Realtor, from my experience, have residential properties. If you are looking for similar sites for multifamily assets (5 units and above), you may want to visit Crexi.com. One thing to note is that these sites have properties that have already been viewed and probably passed on by other investors - this does not mean that they are bad deals, just something to be aware of. I recommend you start building relationships with brokers in the area with firms like CBRE, Capstone, M&M, etc. - you can also go on their sites to view the properties they have "on market." Once you develop a good relationship with a broker and they trust your credibility, background, ability to close, etc., they may send over 'pocket listings' or 'off-market' deals! Reach out if you have any questions. 

@Aj Parikh, I am in the DC area, would love to connect!

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Patti Robertson
  • Property Manager
  • Virginia Beach, VA
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Patti Robertson
  • Property Manager
  • Virginia Beach, VA
Replied Aug 31 2022, 18:13

How many units are you looking for? Smaller multis usually land in our MLS. Larger complexes are generally not in MLS but are on the commercial sites such as Loopnet. Right now we literally only have 12 properties that have more than 3 units listed in our Hampton Roads MLS. :(

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John Grinston
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John Grinston
Replied Sep 4 2022, 18:39
Quote from @Patti Robertson:

How many units are you looking for? Smaller multis usually land in our MLS. Larger complexes are generally not in MLS but are on the commercial sites such as Loopnet. Right now we literally only have 12 properties that have more than 3 units listed in our Hampton Roads MLS. :(


Hi,Im interested in 2-4 units

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Aj Parikh
  • Rental Property Investor
  • Centreville, VA
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Aj Parikh
  • Rental Property Investor
  • Centreville, VA
Replied Sep 7 2022, 22:12
Quote from @Jim Flynn:
Quote from @Aj Parikh:

I am a multi family investor from Northern Virginia but primarily buy real estate in Cleveland because there are close to no opportunities in the Northern Virginia in the multi family space. If you are interested in connecting, let me know and I can share my experience. 


 Do you wish to go to Columbus? Lets chat.

For now I am only looking to invest in Cleveland 

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Simon Ashbaugh
  • Realtor
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Simon Ashbaugh
  • Realtor
Replied Sep 8 2022, 07:57
Quote from @Jim Flynn:
Quote from @Aj Parikh:

I am a multi family investor from Northern Virginia but primarily buy real estate in Cleveland because there are close to no opportunities in the Northern Virginia in the multi family space. If you are interested in connecting, let me know and I can share my experience. 


 Do you wish to go to Columbus? Lets chat.


 im in Columbus. if your looking to invest, would love to chat