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Updated over 8 years ago on . Most recent reply

User Stats

158
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118
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Michael Randle
  • Aurora, CO
118
Votes |
158
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Where to find decent small size multi-family deals?

Michael Randle
  • Aurora, CO
Posted
Hello BP, I want to get into small multi family units (4-10) and I was hoping to get pointed in the right direction to where I might be able to find some reasonable deals. The local market is very crazy right now so all the public source websites have almost 2x $ per square foot than SFR. I also have read those are usually the Junkers. I know local REIA would be a good place (waiting on next meet up). Should I reach out to a broker or are they just going to think of me as a tire kicker also? Would using a public search website and letter writing some owners work (wholesaleish but for myself)? What should a newbie do in a hot market to try and find something reasonable? Thanks!

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